Airbus - 2022 Universal Registration Document

4. Corporate Governance / 4.2 Interests of Directors and Principal Executive Officers

This decision has been taken after due consideration of the outcome of the benchmark and the successful leadership of the CEO during his first term of office as CEO. With this increase, – the Total Target Cash (TTC) (Base Salary + Variable Remuneration) of the CEO (€ 2,970,000) is closer to the median market range of the peer group ( i.e. € 3,000,000); – however his Total Direct Compensation (TDC) remains by around 28% below the median level of the peer group ( i.e. € 4,455,000 for the CEO compared to €6,200,000 for the peer group in 2022).

€ 7,000,000

€ 6,000,000

€ 5,000,000

€ 4,000,000

€ 3,000,000

€ 2,000,000

€ 1,000,000

€ 3,000,000

€ 2,970,000

Total Direct Compensation (TDC) € 4,455,000 € 6,200,000

€ 0

Total Target Cash (TTC)

Median market of the peer group

2022 CEO remuneration

In addition to external benchmark, the RNGC also considers the remuneration of employees through the review of the evolution of the pay-ratio (see 4.2.1.3 item (j)).

b) Base Salary The 2022 CEO Base Salary level on a full year basis increased by 10% in the context of his renewal as per the Board of Directors’ decision, compared to 2021 and amounts to €1,485,000 (still below the Base Salary of the former CEO: €1,500,000 in 2019). c) Annual Variable Remuneration As stipulated in the Company’s Remuneration Policy, the CEO’s VR is targeted at 100% of the Base Salary and capped at 200% of the Base Salary. It is subject to the fulfilment of collective and individual performance targets. For 2022, the VR of the CEO amounts to an aggregate of €2,041,875 composed of €1,113,750 (55%) for the Common Collective Component and €928,125 (45%) for the Individual Component.

Common Collective Component: € 1,113,750 Achievement: 150%

Variable Remuneration of CEO in 2022: € 2,041,875

Individual part: € 928,125 Achievement: 125%

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Airbus / Universal Registration Document 2022