Northrop Grumman (NOC) investor relations material

Opening remarks and agenda

• Meeting opened with a welcome and acknowledgment of the complex global security environment and the company's mission to deliver advanced solutions for national security needs.

• Emphasis on investments across the business to ensure capability, capacity, and technological edge.

• Agenda and meeting procedures were outlined, with voting and Q&A logistics explained.

Board and executive committee updates

• Two directors, Maddie Kleiner and Ann Fudge, completed their tenure and were recognized for their service.

• Jim Turley designated as the new Lead Independent Director.

• Eleven nominees for the Board of Directors introduced, all current members and consenting to serve if elected.

Shareholder proposals

• Shareholder proposal presented to require an Independent Board Chair, citing benefits for governance, accountability, and addressing challenges such as plateauing stock price and cost pressures on major programs.

• Board recommended voting against the proposal, emphasizing the need for flexibility in board leadership structure.