Airbus - 2022 Universal Registration Document

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

Performance Achievement – Individual Component The Individual Component in 2022 results from an achievement level of 125%, assessed by the RNGC and approved by the Board of Directors in February 2023 on the basis of achievement demonstrated on different criteria defined at the beginning of 2022, as summarised in the table below:

OBJECTIVE

TARGET

Weight (%)

Ach. (%)

I. Outcomes element

- Customer - Industrial performance - Financial performance - People - Sustainability - Enable the future

30%

90%

Top Company Objectives

1 – Perform again

10%

90%

2 – Commercial aviation market position consolidation

10% 180%

Individual ojectives (see next pages)

60%

3 – Secure and deliver key defence programmes

10%

90%

4 – Environment, Social and Governance, and Ethics and Compliance

20% 180%

5 – Deliver key 2022 strategic milestones

10% 130%

II. Behaviour element Personal Focus

Personal Development and Leadership Team Development

10% 130%

Performance achievement – Individual Component

125%

The Individual component has been assessed according to three sets of complementary objectives: – Top Company Objectives Assessment – accounting for 30% of the total Individual Component, shared with all company executives to promote collective alignment;

– CEO Individual Objectives – accounting for 60% of the total Individual Component; – CEO Behavioural Ojectives – accounting for 10% of the total Individual Component. I. Outcomes element A. 2022 Top Company Objectives They have been defined and are structured around six clusters: – Customer; – Operational Performance; – Financial Performance; – People; – Sustainability; – Enable the Future. A series of KPIs and associated targets have been set at the beginning of the year, for each of the clusters.

Each of the KPIs has been measured and compared to the relevant target, leading to a global measurement of the TCOs achievement at 90% of the targets, as per details shown in the table “summary CEO achievement – Individual Component” at the beginning of this chapter. B. CEO Individual Objectives In line with the TCOs, Individual Objectives have been set up specifically for the CEO. They are structured around five priorities, detailed below. Each of the priorities has been assessed by the RNGC, as per the details shown in the table “summary CEO achievement – Individual Component”. The main and most noticeable factors for each of the five priorities determining the achievement level of CEO Individual Objectives include, but are not limited to: 1. Perform again Despite a challenging supply chain context, with notable disruption on engines and electronic components, aircraft deliveries increased, reaching 661 at the end of 2022 compared to 611 in 2021. However, this falls short of the initial 2022 delivery guidance. The industrial setup reshaping was pursued, with progress on the restructuring of the Aerostructures business (Airbus Atlantic, Airbus Aerostructures GmbH, Premium Aerotec Industries) as well as on making all Final Assembly Lines A321-capable (Tianjin and Toulouse in addition to Hamburg and Mobile).

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Airbus / Universal Registration Document 2022