Textron 2024 Proxy Statement

Our annual and long-term incentive compensation programs for 2023 are summarized in the following table: OVERVIEW AND OBJECTIVES OF EXECUTIVE COMPENSATION PROGRAM The objectives of Textron’s compensation program for executive officers are: ● Encouraging world class performance ● Focusing executives on delivering balanced performance by providing (i) both cash and equity incentives and (ii) both annual and long-term incentives ● Aligning executive compensation with shareholder value ● Attracting and retaining high-performing talent 26 TEXTRON 2024 PROXY STATEMENT

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