Airbus // Universal Registration Document 2021

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

Taking into account stakeholders expectations, the aggregate compensation over the fiscal year that was used as a reference amount has changed to calculate the 2021 ratio: in addition to the gross sum of the Base Salary, annual bonus, profit and success sharing, overtime, premium for work conditions and other premiums that was taken into account in previous calculations, the social charges, the value of benefits and pension contributions and the face value of LTIP at grant date have been included. Based on this new methodology, the ratio between the compensation of the CEO (including base salary, variable remuneration, social charges, benefits, pension contributions and LTIP grant face value) and the average compensation of full-time equivalent permanent employees for the fiscal year to which this report relates is 59 (for 2020: 58 based on the new methodology as described above) (rounded to the nearest integer). Note for information : The evolution of the pay-ratio between 2020 and 2021 based on the new methodology has been considered by the RNGCwhen discussing the CEO remuneration for 2022. k) Severance No payment has been made to the CEO in 2021 related to severance or other termination indemnity. Under the current CEO’s appointment terms and conditions, the payment of an indemnity in case of termination would be subject to performance conditions. These conditions would be fulfilled if the collective and individual components of the VR for the last two financial years preceding the financial year during which the termination occurs have been assessed by the Board of Directors at 100% or more.

The present value of the remaining CEO’s pension obligation related to the frozen defined benefit commitment is estimated annually by an independent actuarial firm according to the international accounting standard IAS19 as applied by the Company for post-employment benefits. As of 31 December 2021, the defined benefit obligation amounted to €9,046,433 (€9,423,777 in 2020). This obligation has been accrued in the 2021 Consolidated Financial Statements and will be updated annually up to the retirement date of the CEO considering future changes on economic assumptions or other factors like salary increase. For the fiscal year 2021, the cost related to the CEO’s pension rights accrued under Company’s plans during the year represented an expense of € 1,138,794 ( versus €1,179,332 in 2020)). The annual cost of pension rights accrued under applicable mandatory collective and state pension plans are accounted for among social charges (please refer to Note 34 to the IFRS Consolidated Financial Statements for further details). i) Clawback The Board of Directors did not apply any clawback in 2021. j) Pay Ratio The Dutch Corporate Governance Code recommends that the Company provides a ratio comparing the compensation of the CEO and that of a “representative reference group” determined by the Company. The Company’s pay ratio is calculated by comparing the compensation of the CEO with the average compensation of full- time equivalent permanent employees from France, Germany, the UK and Spain for the Company, excluding subsidiaries (encompassing around 99,000 employees).

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Airbus / Registration Document 2021

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