Audit Committee Overview

RemCo Looking Ahead • Finalizing details of strategic progress for 2021: Project adherence Capital Efficiency • Digitization BAE SYSTEMS · ESG Metrics - What will be appropriate and meaningful in the business? How do we build on what we have already? Program for retaining and advancing high potential employees into roles of increasing responsibility Wider workforce considerations in the "new normal" Delivering value in the reward function: People spend and workforce analytics; personalization and governance Copyright 2020 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark. 27 22

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