Company: NOC
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001133421-25-000016
Chunk: 33

Company: NORTHROP GRUMMAN CORP /DE/
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 33
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 of$2.6B     |     | Delivered strong return to shareholders of$3.7B 
 in share repurchases & dividends                |

Adjusted Free Cash Flow* ($ in billions)

| ¢ |     | Operating Cash Flow |     | ¢ |     | Adjusted FCF* |

3-Year Cumulative Total Shareholder Return

| ¢ |     | NOC |     | — |     | S&P 500 |

| — |     | Industrials |     | — |     | Direct Peers Average |

* This metric is a non-GAAP financial measure. For more information, see “Appendix A - Use of Non-GAAP Financial Measures.”

#### Consideration of Say-On-Pay Vote
The Company annually asks shareholders to approve, on an advisory basis, the compensation paid to our NEOs. We regularly engage with our shareholders to address their questions regarding executive compensation and emphasize our philosophy and competitive pay practices. The Compensation and Human Capital Committee annually reviews and discusses the results of the say-on-pay vote. In 2024, our executive compensation programs continued to receive strong support from shareholders with 94% approval at our 2024 Annual Meeting of Shareholders. Based on its review and feedback from shareholder engagement, the Compensation and Human Capital Committee determined that our programs are effective and aligned with shareholder interests, and no substantive changes were required.

#### Say-On-Pay Results

#### 52Northrop Grumman

#### Executive Compensation

#### Our Compensation Best Practices
Our compensation programs incorporate best practices across all industries, including the following:

| What We Do                                                         |     |                                                                            |     |                                                                                    |     | What We Don’t Do                                                                        |
| Pay for Performance                                                |     | Annual Peer Group Review                                                   |     | Long-Term IncentivesFocused on Performance                                         |     | NoIndividualChange in ControlAgreements                                                 |
| Compensation Elements Benchmarkedat Market Median                  |     | Above-Target Annual Incentive PayoutsWhen WeOutperform Our Peer Benchmarks |     | Independent ConsultantReports Directly to Compensation and Human Capital Committee |     | No Employment Contractsfor Chief Executive Officer (CEO) or Other NEOs                  |
| Recoupment Policy on CashandEquity Incentive Compensation Payments |     | Dividends Paid Upon Vesting of Equity Awards                               |     | Stock Ownership GuidelinesandStock Holding Requirements                            |     | No Excise Tax Gross-upsfor Payments Received Upon Termination After a Change in Control |
| LTIP Double Trigger Provisions