Company: NE-WTA
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015025
Chunk: 45

Company: Noble Corp plc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 45
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 PVRSUs |

#### 322025 Proxy Statement |Noble Corporation plc

#### Compensation Discussion and Analysis
| Target TDC ($000) |

| Base |     | Bonus |     | TVRSU |     | PVRSU |

We follow simple foundational rules and best compensation practices. Notably, our executive compensation program contains the following best practices in executive compensation design and governance:

| Compensation Best Practices That We Follow                                                                                                                                              |
| We pay for performance — at least 60% of NEO annual equity awards and all STIP pay is contingent on the attainment of pre-established performance goals                                 
 We require executives to maintain significant share ownership                                                                                                                           
 We have a clawback policy enabling us to recoup previously paid cash and equity incentive compensation from our executive officers in accordance with Rule 10D-1 under the Exchange Act 
 Our Compensation Committee consults with independent compensation consultants when designing our compensation program and setting target compensation and performance levels            
 We prohibit pledging or hedging of Company shares                                                                                                                                       
 We require a “double trigger” for cash severance benefits upon a change of control                                                                                                      
 We hold an annual “say-on-pay” advisory vote                                                                                                                                            
 We set challenging performance objectives                                                                                                                                               
 We provide an appropriate mix of short- and long-term incentives                                                                                                                        |

#### Shareholder Engagement & Say-on-Pay
We are deeply committed to the interests of our shareholders and take those interests into account when making decisions for the Company. We engage in frequent discussions with our shareholders regarding a wide variety of topics, to fully understand their input, suggestions and concerns. Maintaining an active, open dialogue with our shareholders continues to be a top priority of the Board.

#### Noble Corporation plc| 2025 Proxy Statement33

#### Compensation Discussion and Analysis
| Noble Shareholder Engagement                                                                                                                                                                                                                                                                                                    
 In addition to investor conferences, non-deal roadshows and one-on-one calls with our investor relations team, we conducted a shareholder engagement program related to ESG Initiatives, our Executive Compensation Program and our 2024 proxy statement.                                                                       
 •2024  Shareholders Outreach(1):                                                                                                                                                                                                                                                                                                
 •16 Shareholders Contactedrepresentingapproximately 70% of our Outstanding Shares.                                                                                                                                                                                                                                              
 •Met with 8 Shareholdersrepresentingapproximately 49% of our Outstanding Shares.                                                                                                                                                                                                                                                
 •Topics Covered include:                                                                                                                                                                                                                                                                                                        
 •merger-specific items and capital allocation strategy, executive compensation including performance metric selection, the ongoing recovery in offshore drilling business fundamentals and our strategy for growth and long-term value creation