Within the framework of the amendments to EADS Corporate Governance approved by the Extraordinary General Meeting of Shareholders and the Board of Directors both held on 22^nd October 2007, the method of appointment of the members of the Executive Committee was changed.

The Chief Executive Officer, supported by an Executive Committee (the “Executive Committee”), is responsible for managing the day-to-day operations of the Company. The Executive Committee, chaired by the Chief Executive Officer, also comprises the Heads of the major Functions and Divisions of the Group. The Executive Committee met eleven times during 2007.

The following matters are discussed, amongst others, at the Executive Committee meetings:

• Appointment approvals of their management teams by the heads of the Group divisions (with the exception of the Airbus Chief Operating Officer);
• Investment approvals up to €350,000,000;
• Setting up and control of the implementation of the strategy for EADS businesses;
• Management, organisational and legal structure of the Group;
• Performance level of the Group’s businesses and support functions; and
• All business issues, including the operational plan of the Group and its Divisions and Business Units.

The internal organisation of the Executive Committee is defined by the business allocation among the members under the supervision of the Chief Executive Officer. Notwithstanding the joint responsibilities as defined above, each member of the Executive Committee is individually responsible for the management of his portfolio and must abide by decisions taken by the Chief Executive Officer and the Executive Committee, as the case may be.

The Chief Executive Officer endeavours to reach consensus among the members of the Executive Committee on the matters discussed at the Executive Committee meetings. In the event of consensus not being reached, the Chief Executive Officer is entitled to decide the matter. If there is a fundamental or significant disagreement with respect to any undecided matter, the dissenting Executive Committee member may request that the Chief Executive Officer submit such matter to the Chairman for his opinion.

The term of office for the Executive Committee members is five years.

The Executive Committee members are appointed by the Board of Directors on the proposal of the Chief Executive Officer first approved by the Chairman after review by the Remuneration and Nomination Committee. The appointment of the Executive Committee should be approved as a whole team, not on an individual basis, with the exception of the Chief Executive Officer of Airbus, who shall be appointed by the Board of Directors individually.