Company: NOC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001133421-25-000016
Chunk: 37

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 37
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 the Board.

The target incentive award (target bonus) represents a percentage of each NEO’s base salary. Following the completion of the fiscal year, the target bonus is used by the Compensation and Human Capital Committee, together with its assessment of Company and individual performance against established performance criteria, to determine the final bonus award amount. The table below reflects each NEO currently serving and their annual target bonus as an elected officer, effective as of December 31, 2024.

| Name              |     |     | Target Bonus (% of Base Salary) |
| Kathy J. Warden   |     | 195 | %                               |
| Kenneth B. Crews  |     | 100 | %                               |
| Robert J. Fleming |     | 100 | %                               |
| Thomas H. Jones   |     | 100 | %                               |
| Roshan S. Roeder  |     | 100 | %                               |

Final bonus awards for each NEO were determined by multiplying the Northrop Grumman Company Performance Factor (CPF) by the target bonus. The CPF can range from 0% to 200%.

#### 2025 Proxy Statement57

#### Executive Compensation
ANNUAL INCENTIVE FORMULA FOR 2024:

|              |     | X                             |     |                   |     | = |
| BASE SALARY  |     | TARGET PAYOUT %               |     | TARGET BONUS      |     |   |
|              |     | X                             |     |                   |     | = |
| TARGET BONUS |     | COMPANY PERFORMANCE FACTOR(1) |     | FINAL BONUS AWARD |     |   |

(1) The CPF, which is capped at 200%, is comprised of two components, the Company Metrics Score (financial and non-financial), which can range from 0% to 200%, and a Strategic and Operational Assessment, which can range from 80% to 120%. The Strategic and Operational Assessment allows for broader application of business results not formally reflected in the core financial or non-financial metrics.

Annual performance evaluations are conducted by the Compensation and Human Capital Committee for the CEO, and by the CEO for each other NEO with review by the Compensation and Human Capital Committee. The Compensation and Human Capital Committee considers this performance information as well as the comparison to market data.

#### 2024 AIP METRICS
For the 2024 AIP, and as in prior years, we used a mix of financial and non-financial metrics to measure our performance.