Bargaining Committee Stands Firm on Recommendation to Reject New Boeing Offer

July 22, 2022

Jody Bennett and Tom Boelling International Association of Machinists and Aerospace Workers, Chief of Staff and President-Directing Business Representative of District Lodge 837

Dear Messrs. Bennett and Boelling:

The company presents the following modifications to the offer presented to you on July 15, 2022 as follows:

 Year 1 Wage adjustment of $2/Hr for all employees (average increase of 7.2%)

 Year 2 GWI increase from 3% to 4%

 Auto Wage Progression increased from $.50 to $.65

 $1,000 Cash Ratification Bonus if contract ratified on July 24, 2022

 100% match on the first 10% contributed, 2% employer contribution in 2023 and 24, plus $1,000 annual contribution for employees into the IAM Savings Plan

All other components of the Company’s July 15, 2022 offer will remain the same. We are preparing updated specific contract language incorporating the above changes, and we will send to you as soon as completed.

Very truly yours,

Robert Joga

Director-Labor Relations

The Boeing Company