Company: NOC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001133421-25-000016
Chunk: 44

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 44
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 after-tax shares received are subject to a three-year mandatory holding requirement.

#### 62Northrop Grumman

#### Executive Compensation

### RESTRICTED PERFORMANCE STOCK RIGHTS
The Compensation and Human Capital Committee evaluates RPSR performance requirements each year to ensure they are aligned with our business objectives. For the 2024 RPSR grant, the Compensation and Human Capital Committee determined that for the NEOs, performance metrics would be Adjusted Cumulative FCF*, Return on Invested Capital* (ROIC) and Relative Total Shareholder Return, each equally weighted at 1/3. The current metrics and weightings reflect the Company’s continued emphasis on operational performance directly impacted by management decisions and behaviors, while maintaining strong alignment with shareholder interests. Based on the performance against these metrics, shares earned for 2024 RPSR grants can vary from 0% to 200% of the rights awarded.

#### 2024 RPSR Performance Measures
| RPSR Metrics                      |     | Weighting |     | Rationale                                                                                                            |     | Calculation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| ADJUSTED CUMULATIVE FCF*          |     | 1/3       |     | Focuses on cash generation to create shareholder value after investing in the business through capital expenditures. |     | Adjusted Cumulative FCF* focuses on cash generation after capital investments and is calculated as the aggregate Adjusted Free Cash Flow Before After-Tax Total Pension Funding*, adjusted to exclude total CAS pension recovery and other approved adjustments over a three year period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| RETURN ON INVESTED CAPITAL*       |     | 1/3       |     | Focuses on effective and profitable deployment of Invested Capital* resources                                        |     | Return on Invested Capital* is calculated as the three-year average of Pension-Adjusted Net Operating Profit After-Tax* (Pension-Adjusted NOPAT*) divided by the three-year average of Invested Capital*.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| RELATIVE TOTAL SHAREHOLDER RETURN |     | 1/3       |     | Aligns the interests of executives with shareholders.                                                                |     | Relative TSR (rTSR) is measured by comparing cumulative stock price appreciation with reinvestment of dividends over the three-year period to the TSR Peer Group (50% of rTSR portion of award) and to the S&P Industrials (50% of rTSR portion of award), which comprises companies within the S&P 500 classified as Indust