Company: NE-WTA
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015025
Chunk: 52

Company: Noble Corp plc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 52
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 customers across all quarters is then taken to determine the annual customer satisfaction score.

#### Safety Performance
Safety is crucial to the success of the Company. Our customers demand that we excel in safety performance and excellence in this area has become a marketing and regulatory imperative. In addition, our Compensation Committee believes that safety is a key component of operational excellence and discipline. Safety performance is measured using the Potential Consequence Severity Index (PCSI). The PCSI is a method of measuring risk by highlighting high potential near miss events as well as the potential consequence of all actual injury related events. This metric shifts the focus from measuring performance by the volume of events to understanding and measuring the maximum potential severity of events and near misses.

#### 382025 Proxy Statement |Noble Corporation plc

#### Compensation Discussion and Analysis

#### First Choice for Employees
Attracting and retaining key talent is critical to our success. Our goal is to be the employer of choice for employees. This metric is subjectively evaluated by the Compensation Committee by assessing achievement against established targets and goals for employee engagement survey scores, attrition rates, talent and leadership development and people related initiatives.

2024 STIP – Company Performance

The Company achieved overall performance at 109% of the performance targets set for the 2024 STIP. The 2024 STIP targets and actual achievement are set forth in the table below. For the purposes of the 2024 STIP, financial metrics attributable to Diamond, which was acquired on September 4, 2024 were excluded.

| Component                  |     | Performance                             
 Metric                                  |     |     |     | Weighting of 
 Component    |           2024 Target |     |    Actual 2024 
        Results |     | Factor |     |    Component 
       Payout 
 (Weighting x 
      Factor) |     |              |      |
| Financial Measure          |     | Adjusted Free Cash Flow(1)              |     | 30% |     |              |      $289-324 million |     | $293.0 million |     |   1.00 |     |         0.30 |     |              |      |
| Financial Measure          |     | Contact Drilling Margin(2)              |     | 30% |     |              |            37.8-38.0% |     |         36.04% |     |   0.82 |     |         0.25 |     |              |      |
| Customer Satisfaction      |