SECURITY OWNERSHIP The following table sets forth information regarding the beneficial ownership of our common stock as of January 1, 2023, unless otherwise noted, by: ● Each person or group known by us to own beneficially more than 5% of our common stock; ● Each of our directors; ● Each of our named executive officers, as defined under Securities and Exchange Commission rules (“NEOs”); and ● All of our current directors and executive officers as a group. Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes any shares over which a person exercises sole or shared voting or investment power. Shares of common stock subject to options that are exercisable, or restricted stock units that will vest, within 60 days of January 1, 2023, and shares held for the executive officers by the trustee under the Textron Savings Plan, are considered outstanding and beneficially owned by the person holding the option or unit or participating in the Plan but are not treated as outstanding for the purpose of computing the percentage ownership of any other person. Each shareholder listed below has sole voting and investment power with respect to the shares beneficially owned, except in those cases in which the voting or investment power is shared with the trustee or as otherwise noted. Directors and Executive Officers Number of Shares of Common Stock Percent of Class Richard F. Ambrose —(1) Kathleen M. Bader 9,179(1) * R. Kerry Clark 14,179(1) * Frank T. Connor 649,763(2)(3) * James T. Conway 9,223(1) * Scott C. Donnelly 2,297,695(2)(3) 1.1% Julie G. Duffy 128,248(2)(3) * Ralph D. Heath 9,179(1) * Deborah Lee James 9,196(1) * Thomas A. Kennedy —(1) E. Robert Lupone 280,135(2)(3) * Lionel L. Nowell III 9,184(1) * James L. Ziemer 9,341(1) * Maria T. Zuber 9,209(1) * All current directors and executive officers as a group (14 persons) 3,434,531 1.7% Beneficial Holders of More than 5% BlackRock, Inc.(4) 17,711,558 8.6% T. Rowe Price Investment Management, Inc.(5) 18,672,635 9.1% The Vanguard Group, Inc.(6) 23,907,485 11.6% * Less than 1% of the outstanding shares of common stock. (1) Excludes (i) stock units held by our non-employee directors under the Directors Deferred Income Plan that are paid in cash following termination of service as a director, based upon the value of Textron common stock, as follows: Mr. Ambrose, 171 shares; Ms. Bader, 65,134 shares; Mr. Clark, 83,976 shares; Mr. Conway, 28,336 shares; Mr. Heath, 13,329 shares; Ms. James, 7,437 shares; Mr. Nowell, 5,173 shares; Mr. Ziemer, 82,692 shares; and Ms. Zuber, 12,879 shares and (ii) for each director, 2,174 unvested RSUs payable in stock, not obtainable within 60 days of January 1, 2023, except that Mr. Kennedy received a prorated award of 734 such RSUs because he joined our Board effective January 1, 2023. 20 TEXTRON 2023 PROXY STATEMENT
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