A LETTER FROM THE CHIEF EXECUTIVE OFFICER

COLLEAGUES, SHAREHOLDERS, AND FRIENDS,

Developing and delivering Textron’s innovative products for customers around the world are the results of hard work by our talented people. Alongside these efforts, Textron is committed to being a responsible corporate citizen.

We do this by safeguarding the environment, offering our employees safe and inclusive workplaces with career growth opportunities, upholding our high ethical standards by acting with integrity in everything we do and supporting and building stronger communities.

This report outlines our corporate responsibility progress and highlights the actions we’ve taken this past year. Specifically, our focus areas include:

• THE ENVIRONMENT: Textron’s annual goal-setting process, sustainability projects and environmental health and safety framework advance our efforts to minimize our consumption of energy and natural resources and our impact on the environment.
• OUR PEOPLE: Delivering leading-edge products and services to our customers starts with our people. That’s why we continuously work to make our operations safer, offer health and well-being benefit programs to our employees, create great career opportunities for our workforce and build an engaging, inclusive environment where all employees are treated with dignity and respect.
• ETHICS AND COMPLIANCE: Our high ethical standards stem from our values of integrity, respect, trust and the pursuit of excellence. We are always committed to conducting our business with these values in mind.
• CHARITABLE GIVING AND OUR COMMUNITIES: Through volunteerism, philanthropic giving and the non-profit Textron Charitable Trust, we support a wide variety of charitable organizations and community interests in the places we do business, work and live.

Our corporate strategy is driven by a desire to continue to improve in these important areas, and our commitment has never wavered. Setting an example as a responsible corporate citizen of the world is more than good business, it’s simply the right thing to do.

Scott C. Donnelly

Chairman and Chief Executive Officer