A LETTER FROM THE CHIEF EXECUTIVE OFFICER

COLLEAGUES, SHAREHOLDERS AND FRIENDS,

Textron’s core values—integrity, respect, trust and the pursuit of excellence—drive who we are and how we conduct our business. These values guide us to make decisions that align with employee health and safety, environmental stewardship, sustainable products and operations, diverse and inclusive workplaces, high ethical standards and charitable giving and volunteerism. This report highlights the actions we took during 2020 on these environmental, social and governance (ESG) priorities.

2020 was a challenging year for many organizations, and Textron was no exception. In response to the COVID-19 pandemic, we took swift measures to protect the health and safety of our employees, and our teams stepped up to support the communities where we live and work. As the year went on and protests across the U.S. and around the world called for racial equity, we recommitted with a keen focus to forging a more inclusive and diverse community at Textron, one where every employee feels safe, respected and valued.

We at Textron are committed to upholding our values, advancing our sustainability goals and taking action to be a place where people of all backgrounds and experiences work together to make great things happen.

Thank you for your continued support of Textron.

Scott C. Donnelly

Chairman and Chief Executive Officer