2018 Proxy Statement

4 TEXTRON 2018 PROXY STATEMENT Contents Information About the Annual Meeting General Shareholders Who May Vote Internet Availability of Proxy Materials Voting Savings Plan Participants Changing or Revoking a Proxy Required Vote Costs of Proxy Solicitation &RQ¿GHQWLDO 9RWLQJ 3ROLF\ Attending the Meeting Election of Directors %RDUG 0HPEHUVKLS 4XDOL¿FDWLRQV Nominees for Director Corporate Governance Governance Highlights Director Independence Leadership Structure Meeting Attendance Other Directorships Board Committees Risk Oversight Corporate Governance Guidelines and Policies Code of Ethics Shareholder Communications to the Board Compensation of Directors Changes to Director Compensation Program for 2018 Director Stock Ownership Requirements $QWL +HGJLQJ DQG 3OHGJLQJ 3ROLF\ Security Ownership 6HFWLRQ D %HQH¿FLDO 2ZQHUVKLS 5HSRUWLQJ &RPSOLDQFH Audit Committee Report Compensation Committee Report 1 1 1 1 1 1 2 2 2 2 2 3 3 3 9 9 10 10 11 11 11 12 13 13 13 13 14 15 15 16 17 18 19