Governance and Risk Management Corporate Governance The Board of Directors has extensive oversight of strategy development, company culture, the company’s safety programs and initiatives, political and charitable contributions, corporate sustainability and key strategic, operational and compliance risks. Our Board has adopted a set of Corporate Governance Principles to assist the Board in the exercise of its responsibilities. Along with Boeing’s Certificate of Incorporation and By-Laws and charters of the committees of the Board, it provides an effective framework for Boeing’s governance. The Governance & Public Policy (GPP) Committee reviews our governance practices and policies on an ongoing basis and, where appropriate, proposes modifications to the Board. Our corporate governance materials are available at www.boeing.com/company/general-info/ corporate-governance.page . Sustainability Governance Sustainability is rooted in Boeing’s values. The Board oversees a variety of sustainability topics and in 2021, the GPP Committee charter was amended to expressly include oversight of our practices — relating to corporate sustainability, including matters related to environmental stewardship and climate change, and to diversity, equity and inclusion. Chris Raymond is Boeing’s Chief Sustainability Officer (CSO), a Boeing Executive Council position reporting to Boeing’s Chief Executive Officer. As CSO, Raymond reports the progress of Boeing’s sustainability objectives and stakeholder- oriented reports regularly to the GPP Committee and the full Board. Raymond is responsible for advancing Boeing’s approach to sustainability, focusing on priorities, stakeholder-oriented reporting and company performance. He leads the Global Enterprise Sustainability organization, designed to sharpen our focus on key environmental, social and governance efforts through dedicated leadership alignment in these areas. Raymond’s team includes a Chief Engineer who advances sustainability technologies as well as future mobility applications and a Global Sustainability Policy and Partnerships leader who strengthens our company focus on sustainability outside the United States. Reinforcing our commitment and enterprise approach, a Global Sustainability Council composed of global leaders from across our business units and functions was established to provide executive leadership, advocacy and partnership with the sustainability organization to advance our objectives and strategy. This council works to partner and advance sustainability objectives and strategy throughout the enterprise. The council also oversees subcouncils with focuses on policy, customers, sustainability and enterprise services, sustainable aviation fuels, finance and governance, and technology and future mobility. Oversight of Political Activity Together, the Board, the GPP Committee and senior leadership, are committed to ensuring that our political activities align with the company’s values, business strategies, long-term shareholder interests and long- term strategic imperatives. At Boeing, oversight of political activities starts at the top. The Board works closely with the Executive Vice President (EVP) of Government Operations on the oversight of our engagement in the political process. This includes regular discussions about the company’s public policy priorities; the company’s memberships in and payments to trade associations and other tax-exempt organizations; Boeing Political Action Committee (BPAC) strategy and expenditures; and the company’s network of compliance procedures related to these activities. The GPP Committee leads the oversight activities on these issues and makes appropriate recommendations to the full Board about Boeing’s engagement in the political process. The EVP of Government Operations also works closely with the Law and Global Compliance organization to ensure that the company’s political activities adhere to all legal requirements and company policies and procedures as well as meet the highest ethical standards and Boeing’s values. Each year, the Company’s Compliance Risk Management and Enterprise Risk Management boards provide the Board with an update and overview of the effectiveness of the policies and procedures in place to ensure that the company’s political activities meet these high standards. You can review the company’s oversight and internal compliance procedures for political activities here . Oversight of Sustainability Board of Directors Governance & Public Policy Committee Oversees Boeing’s sustainability policies and practices, including matters related to environmental stewardship and climate change Subcouncils Chief Sustainability Ofcer Executive Council Member Leads Global Enterprise Sustainability Responsible for enterprise-wide sustainability strategy, focusing on priorities, stakeholder- oriented reporting and company performance Global Sustainability Council & Extended Council Global leaders from across business units and functions provide leadership, partnership and action to advance objectives and strategy for sustainability Technology & Future Mobility Finance & Governance Policy Sustainability & Enterprise Services Customers Sustainable Aviation Fuel 2022 Sustainability Report 15 Contents People Introduction Communities Operations Reporting Approach & Governance Products & Services
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