Airbus // Universal Registration Document 2023

4. Corporate Governance

4.2 Interests of Directors and Principal Executive Officers

Performance Achievement – Common Collective Component According to the policy applicable for the financial year 2023, the Common Collective Component for the Company consolidated achievement has been assessed at 123% by the RNGC and the Board of Directors in February 2024, against the target letters validated at the beginning of 2023 and that include detailed vesting scales for each criteria (1) . It is based on an achievement of 80% of target EBIT, 166% of target Free Cash Flow, and 122% of target sustainability (which is based on achievement of 200% of target reduction of CO 2 emissions and 43% of target reduction of FR1). These criteria and their assessment apply to all Executives having a Common Collective Component in their variable remuneration and since 2022, this has also been extended to all Senior Managers. Therefore, approximately 4,950 employees receive a collective bonus based on the achievements mentioned above.

CO2 10% FR1 10% EBIT 40% FCF 40%

80%

Financial 80%

166%

= 123%

200%

Sustainability 20%

4

43%

Minimum Achievement 0%

Maximum Achievement 200%

Sustainability targets are measured by two criteria: the rolling lost time injury frequency rate (“ FR1 ”) which is the monthly number of lost time injuries per million worked hours averaged over 12 months) and the reduction in CO 2 emissions (“ CO 2 e ”), each weighted for 10% of the Common Collective Performance. – –In 2023, the rolling FR1 remained stable in Airbus Commercial, decreased by more than 30% in Airbus Helicopters and increased in Airbus Defence and Space, leading to a consolidated achievement of 43%. For further details, please refer to Section 1.2.9 -Health and Safety. – – In 2023, the CO 2 e decreased by 15% (reduction of circa 103 ktons), which is above the targeted reduction of 0.9%, leading to an achievement of 200%. For further details, please refer to Section 1.2.2. -Climate Change. For 2024, the Board of Directors decided to maintain the sustainability component as follows: FR1 for 50% and CO 2 avoidance for 50%. The targets for 2024 are: – – a reduction of the rolling FR1 by 15% in Airbus Commercial and Airbus Defence and Space (the rolling FR1 in these two divisions at the end of 2023 being above 1 and by 10% in Airbus Helicopters (the rolling FR1 for this division at the end of 2023 being below 1 versus the actual 2023 rolling FR1; – – annual targets are set in line with the Company’s 2030 roadmap; they refer to a material sub-scope of its operations on which the Company can have a more direct control and influence. The CO 2 e for 2024 was set in absolute value at 581 ktons, which represents a reduction of 3% vs. 2023 (after scope extension). For further details, please refer to “– 1.2.2 Climate Change”.

(1) While the Company is paying all due attention to investors’ feedback, for sensitivity reasons, specific information on vesting scale (threshold, target, maximum) is not disclosed.

249 Airbus Annual Report

Universal Registration Document 2023