Company: NOC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001133421-25-000016
Chunk: 69

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 69
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     | 0.3 |       |     |  2.7 |

a. The change in pension value amounts relate solely to the increased present value of the NEO’s pension plan benefits using mandatory SEC assumptions, see additional information in the Summary Compensation Table on page 70.

(3) Key components that factor into the amount reported as CAP (in accordance with the SEC definition) are the Company’s year-end stock value and equity awards. Executives receive the value of their equity grants only upon vesting. The value reflected for unvested grants, as calculated in CAP, does not reflect value actually received or realized by the executives during the covered year. The equity component of CAP for fiscal years 2024, 2023, 2022, 2021 and 2020 are further detailed in the table below. The equity values were calculated in accordance with the SEC methodology for determining CAP for each year shown.

The amounts deducted or added in calculating the equity award adjustments are as follows:

| Year ($M) |     |                                                         | Equity Valuation |      |                                                                |     |      |                                                               |     |   |                                                             |     |      |                                                         |     |   |                                                    |     |     |                                    |     |      |
| PEO       |     |                                                         |                  |      |                                                                |     |      |                                                               |     |   |                                                             |     |      |                                                         |     |   |                                                    |     |     |                                    |     |      |
|           |     | Fair Value of Current Year Equity Awards as of Year-End |                  |      | Annual Change in Fair Value as of Year-End for Unvested Awards |     |      | Fair Value as of Vesting of Awards Granted and Vested in Year |     |   | Annual Change in Value as of Vesting of Prior Year's Awards |     |      | Annual Change in Value of Prior Year's Awards Forfeited |     |   | Value of Dividends or Other Earnings Paid on Stock |     |     | Total Equity Value Included in CAP |     |      |
| 2024      |     |                                                         |                  | 18.4 |                                                                |     | -0.8 |                                                               |     | — |                                                             |     | -0.5 |                                                         |     | — |                                                    |     | 0.9 |                                    |     | 18.0 |
| 2023      |     |                                                         |                  | 17.1 |