Company: NE-WTA
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015025
Chunk: 48

Company: Noble Corp plc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 48
---
 request of the Compensation Committee, but does not participate in any discussions regarding his own compensation.

The Compensation Committee reviews and approves all compensation for our NEOs and also recommends the compensation for our directors to the full Board.

#### Benchmark Peer Group
We compete for talent with employers across many different sectors around the world, but our primary competitive market consists of offshore drilling companies and oilfield services companies. In making compensation decisions for our NEOs, each element of their total direct compensation is compared against published compensation data and data provided by the compensation consultant. Data from peer companies plays an important role in the process used by the Compensation Committee to determine the design, components and award levels in our executive pay program. The peer companies ("Benchmark Peer Group") are chosen in part because they operate in a similar industry, from an appropriate range of revenue and asset sizes and have similar breadth, complexity and global scope. Our Compensation Committee views these peers as representative of the companies against which we compete for talent. The Compensation Committee conducts a review of the Benchmark Peer Group annually to ensure it remains aligned with business strategy and growing size and complexity. As a result of this review, Baker Hughes Company and Haliburton were added and MRC Global, Inc was removed from the Benchmark Peer Group in 2024.

| 2024 Benchmark Peer Group                                                                                                                              
 The following were used as a benchmark for comparing each component of compensation program in 2024:                                                   |     |                                 |     |                               |
| Baker Hughes Company                                                                                                                                   |     | Helmerich & Payne, Inc.         |     | TechnipFMC plc                |
| Bristow Group Inc.                                                                                                                                     |     | Nabors Industries Ltd.          |     | Transocean Ltd.               |
| ChampionX Corporation                                                                                                                                  |     | NOV Inc.                        |     | Valaris Limited               |
| Diamond Offshore Drilling, Inc. *                                                                                                                      |     | Oceaneering International, Inc. |     | Weatherford International plc |
| Haliburton Company                                                                                                                                     |     | Patterson-UTI Energy, Inc.      |     |                               |
| *   Diamond Offshore Drilling, Inc. was removed from the benchmark peer group in 2025 as a result of our acquisition of the company in September 2024. |     |                                 |     |                               |

The Compensation Committee benchmarks compensation of the NEOs against the compensation of individuals in like positions in the companies included in the Benchmark Peer Group. The Compensation Committee does not benchmark executive compensation to specific levels