Company: NE-WTA
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015025
Chunk: 31

Company: Noble Corp plc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 31
---
 and Mr. Sledge, independent directors, is an “audit committee financial expert” as that term is defined under the applicable SEC rules and regulations.

Compensation Committee

The primary purposes of the Compensation Committee are to discharge our Board’ responsibilities relating to compensation of our directors and executive officers, and to:

• prepare an annual disclosure under the caption “Compensation Committee Report” for inclusion in our proxy statement for the Company’s annual general meeting of shareholders;

• prepare, in conjunction with our compensation advisers, a director’s remuneration policy, to be approved by shareholders at least every three years, in accordance with the UK Companies Act;

• monitor compliance with applicable legal and regulatory requirements relating to the Company’s compensation policy and practices, including required disclosures and shareholder approvals; and

• assist the board in reviewing and administering compensation, benefits, incentive and equity-based compensation plans.

The primary responsibilities of the Compensation Committee are, among others, to:

• determine the CEO’s goals and objectives, review his or her performance, determine the CEO’s compensation;

• review and approve compensation for other executive officers;

• review and approve incentive and equity-based compensation plans, any employment and severance arrangements, and any employee benefit plans;

• determine share ownership guidelines and clawback policy and monitor compliance;

• assist the Board in reviewing and preparing disclosures, statements or reports regarding the Company’s compensation policies and practices as are required under applicable legal and regulatory requirements; and

• review the results of any advisory votes of our shareholders relating to compensation and oversee engagement efforts with shareholders on the subject of executive compensation.

The “ Compensation Discussion and Analysis ” relating to 2024 begins on page 31of this proxy statement.

Nominating & Governance Committee

The primary purposes of the Nominating & Governance Committee are to:

• assist the Board in reviewing board composition and performance, including identifying, evaluating and recommending candidates for the board;

• assist the Board in reviewing succession planning with regard to our CEO;

• review and recommend to the Board the Company’s corporate governance guidelines;

• assist the Board in discharging its responsibilities on matters relating to the Company’s corporate governance policies and practices; and

• monitor compliance with applicable legal and regulatory requirements and other commitments relating to governance policies and practices of the Company’s ESG activities, including, without limitation, any requirements relating to disclosure of information.

The primary responsibilities of the Nominating & Governance committee include, among others, to:

• review the size and committee structure of the Board;

• identify, interview and recommend to the Board candidates