Northrop Grumman Approves Performance-Based Equity Grant to CEO

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Warden, the Chair, Chief Executive Officer, and President. The grant, which can range from 0% to 150% of the target 35,910 Market Stock Units, is contingent on the Company's stock price appreciation or depreciation over a performance period ending December 31, 2031. A minimum 10% stock price appreciation is required to earn the target award, with 0% payout if the stock price depreciates by more than 25% and 150% payout if it appreciates by 50% or more. The award is subject to Ms. Warden's continued service to the Company through the performance period and the terms of the applicable Market Stock Units Grant Agreement.

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About Northrop Grumman Corporation

Northrop Grumman Corporation is a renowned aerospace and defense company that plays a vital role in providing advanced technology solutions. It primarily focuses on innovative systems tailored for global security and human discovery. Northrop Grumman's portfolio includes a range of sophisticated aircraft, cybersecurity solutions, space exploration technology, and missile defense systems. These offerings are crucial to various sectors, including national defense, intelligence, and environmental monitoring. The company serves key government entities, such as the U.S. Department of Defense, NASA, and international allies. As a leader in integrating autonomy, AI, and digital transformation across defense technologies, Northrop Grumman significantly contributes to national security frameworks and future space explorations. Headquartered in Falls Church, Virginia, and with operations worldwide, it stands as a pivotal entity in the defense industry, impacting sectors that range from aerospace engineering to cybersecurity and satellite communication, reflecting its market significance and strategic influence.