We design our executive compensation program to further FedEx’s mission by: Retaining and attracting highly qualified and effective executive officers by paying them competitively; Motivating executive officers to contribute to our future success and to build long-term shareowner value (and rewarding them accordingly) by linking a significant part of their compensation to the company’s financial and stock price performance, especially long-term performance; and Further aligning executive officer and shareowner interests by encouraging and facilitating long-term shareowner returns and significant ownership of FedEx stock by the officers.