Company: NE-WTA
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015025
Chunk: 105

Company: Noble Corp plc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 105
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 2022 PVRSUs therefore either no longer represented an alignment to these financial, operational and strategic goals or had been substantially achieved.

#### A-82025 Proxy Statement |Noble Corporation plc

### NOBLE CORPORATION PLC AND SUBSIDIARIES

#### DIRECTORS’ REMUNERATION REPORT
On 30 September 2022, the Compensation Committee certified certain performance metrics relating to a portion of the outstanding PVRSUs (the “Lock-In Determinations”) in accordance with the terms of the 2022 LTIP and the 2022 PVRSU grant agreements. Shares earned under the Lock-In Determinations remained subject to time vesting through 31 December 2024. The remainder of the 2022 PVRSUs remained subject to the original TSR and ESG performance-based metrics over the remainder of three-year performance cycle. The Compensation Committee believed these actions were in the best interests of the Company and its shareholders because the portions of the PVRSUs subject to Lock-In Determinations would have no longer served their intended purposes of retention and incentivizing and rewarding performance following the closing of the Business Combination.

As a result of these actions and the Company’s final Absolute TSR performance, which was assessed in early 2025, a total of 143% of the PVRSUs granted in 2022 were earned and settled on 30 January 2025, based on the following performance achievement:

| Performance Metric                                         |     | Target                |     | Actual                 
 Performance            |     | Weight |       |   | Factor |      |     | Multiple |
| Total Shareholder Return (“TSR”)(1)                        |     | See footnote(1)       |     | RTSR - 44th percentile 
 ATSR - 8.9%            |     |        | 33.33 | % |   0.95 |      |     |    0.317 |
| Merger Integration - Synergy                               |     | $125M                 |     | $173M                  |     |        | 16.67 | % |   1.96 |      |     |    0.327 |
| Merger Integration - Evolution of the Capital Structure(2) |     | Subjective Assessment |     | Outstanding            |     |        | 16.67 | % |        | 2.00 |     |    0.333 |
| Merger Integration - Customer Satisfaction(3)              |     | Subjective Assessment |     | Outstanding            |