Company: NE-WTA
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015025
Chunk: 50

Company: Noble Corp plc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 50
---
#### •

#### market compensation data;
#### •

#### competition for key executive talent;
• the NEO’s experience, leadership and prior contribution to the Company’s success;

### •

### overall corporate financial performance;
### •

### business unit financial performance;
• the Company’s overall annual budget for merit increases;

#### •

#### internal pay equity for our NEOs; and
• the NEO’s individual performance in the prior year.

Base Salary

The Compensation Committee conducts an annual review of the base salaries of NEOs taking these factors into account and the Compensation Committee also reviews the base salaries at the time of any promotion or significant change in job responsibilities.

Base salary increases for our NEOs were effective on March 1, 2024. Changes to base salaries for 2024 were driven by market competitiveness and based on the size, scope and complexity of the Company. Base salaries are shown in the table below. Salary increase information is not included for Ms. Howard as she was not a NEO in 2023.

| Name              |     | Base Salary 
 as of       
 12/31/2024  |         |     | Increase in % 
 from 2023     |
|:------------------|:----|:------------|--------:|:----|:--------------|
| Robert W. Eifler  |     | $           | 950,000 |     | 5.6%          |
| Richard B. Barker |     | $           | 600,000 |     | 12.1%         |
| Joey M. Kawaja    |     | $           | 470,000 |     | 13.3%         |
| Blake A. Denton   |     | $           | 400,000 |     | 3.9%          |
| Jennie P. Howard  |     | $           | 425,000 |     | -             |

#### Noble Corporation plc| 2025 Proxy Statement37

#### Compensation Discussion and Analysis
Short-Term Incentive Plan (STIP)

Our STIP gives participants, including the NEOs, the opportunity to earn annual cash bonuses, with target award levels set as a percentage of their base salaries.

Changes to STIP targets for 2024 for our NEOs were driven by market competitiveness and based on the size, scope and complexity of the Company. STIP targets are shown in the table below. The Compensation Committee approved increases in the STIP targets for Messrs. Eifler, Kaw