Company: NOC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001133421-25-000016
Chunk: 13

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 13
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ing officers of the Company 
 •Oversee certain human-capital related policies and programs                                                               
 •Review and approve executive compensation                                                                                 |
| Governance                                                                                                                 
 •Ensure effective corporate governance practices                                                                           
 •Oversee our ethics and compliance programs                                                                                
 •Review and enhance Board performance                                                                                      
 •Elect directors to fill vacant positions between Annual Meetings                                                          |

#### 28Northrop Grumman

#### Corporate Governance

#### Risk Oversight
As noted above, the Board is responsible for overseeing risk management, with a focus on both near and long term significant risks to the Company, our business and our strategy. For each significant risk, the Company identifies a senior executive responsible for its management, alongside a designated Board committee (or the full Board) tasked with providing oversight. The Board's governance framework for risk management allows for clear allocation of responsibilities of risk oversight among the full Board and its committees, leveraging the Board's skills and leadership structure. Our risk oversight framework facilitates regular assessments of the Company’s risk management processes and controls and whether they are functioning at maximum effectiveness.

#### Risk Oversight Framework
The following chart summarizes the Company's allocation of risk management oversight for certain significant risks.

| BOARD OF DIRECTORS                                                                                                                                                                                                                                                                                                                                      |     |                                                                                                                   |     |                                                                                                                             |     |                                                                                                                                                     |
| •Ultimate responsibility for the oversight of risk, ensuring allocation of responsibility for the management of each significant risk                                                                                                                                                                                                                   
 •Provides oversight of the Company’s risk management processes, including the Enterprise Risk Management Council                                                                                                                                                                                                                                        
 •Committees and management provide updates to the full Board on significant and emerging risks, including financial risks and risks related to cybersecurity, significant customers and programs, long term strategy, culture, human capital, technology development and artificial intelligence                                                        |     |                                                                                                                   |     |                                                                                                                             |     |                                                                                                                                                     |
| AUDIT AND RISK COMMITTEE                                                                                                                                                                                                                                                                                                                                
 •Responsible for assisting the Board in its overall oversight of enterprise risk management                                                                                                                                                                                                                                                             
 •Oversight of financial risks, including related to environmental matters and insurance                                                                                                                                                                                                                                                                 
 •Oversight of cybersecurity risk and legal, ethics and compliance risk                                                                                                                                                                                                                                                                                  |     | COMPENSATION AND HUMAN CAPITAL COMMITTEE                                                                          
 •Oversight of human capital risk, including related to talent acquisition and retention                           
 •Oversight of risk related to compensation programs and employee experience and engagement policies and practices |     | POLICY COMMITTEE                                                                                                            
 •Oversight of risks related to global security, political, budgetary, and technological issues                              
 •Oversight