Airbus // Universal Registration Document 2023

4. Corporate Governance

4.2 Interests of Directors and Principal Executive Officers

OVERVIEW OF THE 2023 CEO’S INDIVIDUAL OBJECTIVES:

2023 CEO’s Individual objectives Weight

Achievement

The Board after reviewing the following factors in detail considered that the Operational performance objective of the CEO was overachieved: Over the past year, under the leadership of the CEO, the Company successfully added flexibility to the A320neo Family production by making all Final Assembly Lines (“ FAL ”) sites A321neo capable. This increased A321 production flexibility throughout its global industrial production system will enable the Company to better respond to market recovery and future demand needs, being close to major customers and growth regions. In 2023, both the Tianjin and Toulouse FALs delivered their first A321s. 140% The Board after reviewing the following factors in detail considered that the market position in commercial aviation objective of the CEO was overachieved: The year 2023 demonstrated a higher overall order intake compared to last year with more than 2,300 commercial aircraft gross orders, further consolidating the Company’s position as market leader for the fifth consecutive year. This also included major developments on the widebody market with 11 new widebody customers in 2023 and the highest number of sales for the A350 in one year to date with 285 orders. 200% The Board after reviewing the following factors in detail considered that the major European defence programmes objective of the CEO was partially achieved: In 2023, the Military Air Systems (including FCAS) business performed really well under the CEO’s leadership enabling that all deliveries and programme milestones were met, except for the Eurodrone that is facing some unforeseen delay. The Space business did not perform as expected. While the major milestones were met for a number of programmes (including successful launches) the performance was impacted by charges resulting from the update of Estimates at Completion. 90% The Board after reviewing the following factors in detail considered that the environment, social and governance topics objective of the CEO was overachieved: Under the CEO’s impulsion, a dedicated Chief Sustainability Officer organisation was created at the end of the year to supervise and coordinate all aspects of the Company’s sustainability ambition. 2023 was also a year marked by the activation of the Sustainable Aviation Fuel (“ SAF ”) ecosystem to contribute to the Company’s SBTi validated target. Among the highlights, a number of agreements were reached and signed for SAF development in China (SPIC, SINAF) and in the US (with LanzaJet). Multiple partnerships were also established to support the emergence of new technological pathways for the production of SAFs in Australia (Jetzero) and in the US (DGfuel). Under a strong tone from the CEO, the Company strives to accelerate female representation in leadership roles. It includes slots in dedicated leadership programmes, aimed at development of leaders selected from across various geographies and functions. In 2023, the percentage of female representation on executive positions reached 20% as per the target, representing a 4% increase as compared with 2022. The Company is committed to pursuing efforts, focusing on leadership programmes, mentorship, sponsorship, targeted recruitment and strengthening promotions pipeline to enhance female representation in executive positions. In October 2023, after extensive efforts deployed throughout the organisation under the CEO’s impulsion, the Company received notice from the US State Department that the Consent Agreement it had entered into in January 2020 had been closed, based on fulfilment of its terms. This important step concluded a three-year probation period during which Airbus demonstrated to the authorities its commitment to compliance and integrity. 150% The Board after reviewing the following factors in detail considered that the digital objective of the CEO was overachieved: Digital Design, Manufacturing & Services (“ DDMS ”) is a digital-first approach to the way aerospace products are designed, manufactured and operated. The DDMS programme focuses on digital methods and tools for end-to-end business processes. DDMS is a Company wide transformation programme implemented under the CEO’s leadership. Over the past year, the major milestones for “DDMS for Single Aisle” and “DDMS Next” (for future programmes) reached successful completion. In doing so, 417 capabilities were delivered, more than 20,000 people were trained and 5,497 new users were onboarded. The CEO implemented the “Smartphone for all” initiative aiming at providing a smartphone to all employees of the Company. 62,000 users were equipped which helped decommission 45,000 fixed phones. 125% The Board after reviewing the following factors in detail considered that the leadership team development and portfolio management objective of the CEO was overachieved: The CEO decided to appoint a dedicated Commercial Aircraft business management team under the helm of Christian Scherer. The new organisation serving two objectives: (i) reinforcing the Company’s focus on the operational business and (ii) allowing the CEO to focus his attention on the Company’s overall strategy and to drive its transformation across the group-wide businesses. The CEO continued to successfully conduct active portfolio management focusing on supply chain support (acquisition of Aubert & Duval together with Tikehau Capital and Safran), decarbonisation (Jet Zero Australia investment, aircraft lifecycle services centre in China, partnering with DG Fuels, ZeroAvia investment) technologies (acquisition of Sobotech, planned acquisition of Aerovel) and services (contemplated components support JV with Air France, HMotion simulation training center JV project with ADAC HEMS). 100%

Operational performance

5%

Market position in commercial aviation

15%

4

Major European defence programmes

10%

Environment, Social and Governance topics

10%

Digital

10%

Leadership team development and portfolio management

10%

Total 2023 CEO’s Individual objectives

140%

60%

251 Airbus Annual Report

Universal Registration Document 2023