COMPENSATION DISCUSSION AND ANALYSIS 32 / TEXTRON 2026 PROXY STATEMENT What is the Target Direct Compensation for Our Executives? The following table shows 2025 target total direct compensation, along with the target for each component of target total direct compensation, for Textron’s NEOs (excluding Mr. Connor as he received a fixed amount of compensation with no incentive compensation) as established by the Committee at its January 2025 meeting: 2025 Target Total Direct Compensation At-Risk Compensation Name Position Base Salary Target Annual Incentive Target Long-Term Incentive Target Total Direct Compensation Scott C. Donnelly CEO $1,485,000 $2,524,500 (170% of salary) $14,400,000 (970% of salary) $18,409,500 David M. Rosenberg CFO $850,000 $850,000 (100% of salary) $2,125,000 (250% of salary) $3,825,000 E. Robert Lupone General Counsel $1,000,000 $750,000 (75% of salary) $2,000,000 (200% of salary) $3,750,000 Julie G. Duffy CHRO $800,000 $600,000 (75% of salary) $1,400,000 (175% of salary) $2,800,000 2025 Target Pay Mix Approximately 92% of our CEO’s pay mix and on average approximately 74% of our other NEOs’ pay mix is tied to Company performance, including stock price performance (“at-risk”). At-Risk Compensation Base Salary 25.5% Target Annual Incentive 21.3% CEO Target Pay Mix Current NEO Target Pay Mix (Excluding CEO) Stock Options 13.3% Time Vested Restricted Stock Units 13.3% Performance Share Units 26.6% ~74% At Risk At-Risk Compensation Base Salary 8.1% Target Annual Incentive 13.6% Stock Options 19.6% Time Vested Restricted Stock Units 19.6% Performance Share Units 39.1% ~92% At Risk
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