Company: NE-WTA
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015025
Chunk: 55

Company: Noble Corp plc
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 55
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 will vary based on role, experience and performance. In line with our compensation philosophy, our Compensation Committee has determined that it is in the best interests of the Company and its shareholders to position long-term incentive compensation toward the higher end of this range to serve our goals of retaining and incentivizing our executive officers, given that targeted cash compensation falls, on average, at the lower end of the range. Actual awards year to year may vary based on the Compensation Committee’s assessment of our growth and performance over time and general sector performance. Our CEO recommends for consideration and approval by the Compensation Committee the total value of awards for all positions other than his own. The Compensation Committee determines the total award value for our CEO and, after considering the CEO’s recommendations, for the other NEOs.

The 2024 LTIP award values for our NEOs were driven by market competitiveness and were based on the size, scope and complexity of the Company compared to the Benchmark Peer Group. 2024 LTIP award values are shown in the table below:

| Executive         |     | PVRSU Value(1) |     |   |           |     | TVRSU Value(1) |     |   |           |     | Total LTIP Value(1) |     |   |           |
|:------------------|:----|:---------------|:----|:--|----------:|:----|:---------------|:----|:--|----------:|:----|:--------------------|:----|:--|----------:|
| Robert W. Eifler  |     |                |     | $ | 5,250,000 |     |                |     | $ | 2,250,000 |     |                     |     | $ | 7,500,000 |
| Richard B. Barker |     |                |     | $ | 1,560,000 |     |                |     | $ | 1,040,000 |     |                     |     | $ | 2,600,000 |
| Joey M. Kawaja    |     |                |     | $ |   900,000 |     |                |     | $ |   600,000 |     |                     |     | $ | 1,500,000 |
| Blake A. Denton   |     |                |     | $ |   720,000 |     |                |     | $ |   480,000 |     |                     |     | $ | 1,200