Airbus // Universal Registration Document 2023

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

4.2.1.4 Implementation of the Remuneration Policy in 2023: Non-Executive Directors This section describes how the Remuneration Policy was implemented in 2023 with respect to the Non-Executive Directors. In line with the Remuneration Policy, its implementation aims at ensuring fair compensation and protecting the independence of the Board Members. Their remuneration should be commensurate to the time spent and the responsibilities of their role on the Board of Directors. The CEO is the only Member of the Board of Directors who is not entitled to any Board or Committee fee. However, and to remain consistent with Airbus’ approach and profile, approximately 88% of the companies considered are either registered in the Netherlands or in Airbus’ core countries (France, Germany, Spain and UK). With the implemented increase, the level of fixed fees is consistent with market practice, yet still below average, and aligned with the Company’s positioning -based on market capitalisation and revenues- within the peer group as per the benchmark referred to above.

From 1 January 2023, and in application of the Remuneration Policy, the Board, upon recommendation of the RNGC, decided to increase the Board and Committees fixed fees as described below. The applicable attendance fees for Board and Committee meetings remain unchanged as respectively set in 2016 and 2019. This decision has been taken after due consideration of the increased responsibility, complexity and related time commitment since the last remuneration review in 2016, the outcome of the benchmark conducted by an independent third party, the Company’s unique international profile and of the necessity to remain competitive to attract the best talents. The benchmark was performed in September 2022 by an independent advisor, Egon Zehnder, at the RNGC request, based on a global peer group of 80 large-scale corporations (2) , where Airbus’ market capitalisation and revenues fall within the third quartile. The group of companies considered in the benchmark analysis is broader than the peer group used to position the CEO’s compensation. This divergence is justified considering that the purpose of this analysis was to ensure that Airbus’ non-executive pay practices remain suitable and competitive on a global scale, enabling the attraction of specific and diverse expertise beyond its industry and geographical footprint, as illustrated by the current Board composition. Furthermore, in view of (i) Non-Executive Directors and Executive Directors having distinct profiles, (ii) Non-Executive Directors’ and Executive Directors’ pay not being directly comparable, and (iii) Non-Executive Director pay practices varying significantly between countries, the expanded scope in this specific exercise is justified.

a) Board fees: – – fixed fee for membership of the Board of Directors (€ / year): – – Chair of the Board: 500,000, – – Member of the Board: 120,000; – – attendance fees (€ / Board meeting): – – Chair: 15,000, – – Member: 10,000; Attendance fees shall decrease by 50% in case of an attendance by phone or a Board meeting held by phone. b)Committee fees: – – fixed fee for membership of a Committee (€ / year): – – Chair: 60,000, – – Member of a Committee: 30,000; – – attendance fee for membership of a Committee, applicable to chair and members € / additional meeting above four meetings per Committee per year, whether these meetings were held physically or by phone): – – physical participation: 3,000 if the chair or member is based in Europe and double attendance fee amount ( i.e. 6,000) if the chair or member is based outside Europe, – – participation by phone (whether the meeting is held physically or by phone): 1,500. Following the decision made by the Board to increase the remuneration of the Chairman of the Board as of 1 January 2023, René Obermann decided to donate to several charitable organisations the net (after relevant income tax) portion of his 2023 fixed remuneration as Chairman of the Board in excess of the amount of fixed remuneration he received in 2022.

(2) Peer group: 3M, A.P. Moller – Maersk A/S, AB Volvo, ABB, Accenture, Ahold Delhaize, Air Liquide, Aon, Bae System, Banco Bilbao, BASF, BAT, Bayer, BMW, Bombardier, BP, Caterpillar, Chevron, Continental, Credit Suisse, Daimler, Danone, Dassault Systèmes, Deutsche Post, Deutsche Telekom, DIAGEO, E.ON, Endesa, Engie, Exxon Mobil Corp, Fedex, Ferrovial, Ford Motor, Fortum Oyj, GE, General Dynamics Corporation, GSK, Heineken, Henkel, Honeywell International Inc., Iberdrola, IBM, INDITEX, ING, Koninklijke DSM NV, Leonardo, Lockheed Martin Corporation, Mckesson Corp, MTU Aero Engines AG, Naturgy, Nestle, Northrop Grumman Corporation, Novartis, NXP Semiconductors, Raytheon Technologies Corporation, Renault, Repsol, Rio Tinto, Roche, Rolls Royce, Safran, Saint-Gobain, Sanofi, Santander, SAP, Schneider Electric, SHELL, Siemens, Sodexo, Stellantis, Telefonica, Tesco, Thales, The Boeing Company, Total, Unilever, Unitedhealth Group, Vinci, Vodafone, Volkswagen.

256 Airbus Annual Report

Universal Registration Document 2023

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