Company: SPR
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015209
Chunk: 27

Company: Spirit AeroSystems Holdings, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 27
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 the date on which the Accelerated RSUs would have vested and settled, but for the accelerated vesting and settlement of the Accelerated RSUs, then the NEO will be required to repay to Spirit the applicable cash value representing the number of shares underlying the Accelerated RSUs. If any NEO is required to make such a repayment and fails to do so in a timely manner, the NEO will be required to reimburse the Company for any reasonable fees (including reasonable attorney’s fees) or costs it incurs in connection with seeking repayment. Say on Pay Vote and Stockholder Engagement We are pleased that the Company’s say on pay proposal at our 2024 Annual Meeting of Stockholders received more than 95% support. Our investor relations team held numerous calls with our stockholders in 2024 and that outreach and support continues in 2025. Through these engagements we received valuable feedback on continued focus on Quality for our major programs. The Board and Compensation Committee consider this feedback when making decisions when developing the 2025 Short-Term Incentive Plan. See also “Stockholder Engagement” above.

| What We Heard                      |     | How We Are Responding                                                                                                                                                                                           |
| Quality continues to be paramount. |     | •For our 2024 annual cash incentive, we revised our quality measures and increased the weighting for the Quality metric to 60% of the total.                                                                    
 •We are working to support our team’s quality performance by ensuring they have the resources they need to do the best they can, including through the application of human-assisted technology and automation. |

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TABLE OF CONTENTS

2024 Incentive Programs In 2024, our short-term compensation program was focused on fundamental financial and quality performance. Our Financial performance focused on indirect incurred cost and inventory, consistent with our focus on cash preservation. For 2024 grants under our long-term performance incentive program remained 50% performance-based and 50% Time-Based. The performance-based portion of our long-term incentive grants were made with Total Shareholder Return as the sole measure. Our 2024 incentive programs included the following:

| 2024 Annual Cash Incentive                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |     | 2024 Long-Term Incentive                                                                                                  |
| •No individual performance component.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 •For segment-dedicated individuals, the incentive is weighted 60% segment quality metrics and 40% financial metrics. For Corporate/Functional Executive Leadership Team the incentive uses a weighted average of segment scores for 60