0000087347 2024-01-01 2024-12-31 0000087347 2020-01-01 2020-12-31 0000087347 2021-01-01 2021-12-31 0000087347 2022-01-01 2022-12-31 0000087347 2023-01-01 2023-12-31 0000087347 1 2024-01-01 2024-12-31 0000087347 2020-01-01 2024-12-31 0000087347 2020-01-01 2023-12-31 0000087347 2020-01-01 2022-12-31 0000087347 2020-01-01 2021-12-31 0000087347 slb:ReportedValueofEquityAwardsforCEOMember ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:EquityAwardAdjustmentsforCEOMember ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:ReportedChangeInTheActuarialPresentValueOfPensionBenefitsForCeoMember ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:PensionBenefitAdjustmentsForCeoMember ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:AsOfYearEndForAwardsGrantedDuring2024Member ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:YearOverYearDecreaseOfUnvestedAwardsGrantedInPriorYearsMember ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:DecreaseFromPriorFiscalYearEndForAwardsThatVestedDuring2024Member ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:TotalEquityAwardAdjustmentsMember ecd:PeoMember 2024-01-01 2024-12-31 0000087347 slb:AverageReportedValueOfEquityAwardsForNonCeoNeosMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 slb:AverageEquityAwardAdjustmentsForNonCeoNeosMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 slb:AverageReportedChangeInTheActuarialPresentValueOfPensionBenefitsForNonCeoNeosMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 slb:AveragePensionBenefitAdjustmentsForNonCeoNeosMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 slb:AsOfYearEndForAwardsGrantedDuring2024Member ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 slb:YearOverYearDecreaseOfUnvestedAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 slb:DecreaseFromPriorFiscalYearEndForAwardsThatVestedDuring2024Member ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 slb:TotalEquityAwardAdjustmentsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0000087347 2 2024-01-01 2024-12-31 0000087347 3 2024-01-01 2024-12-31 0000087347 4 2024-01-01 2024-12-31 0000087347 5 2024-01-01 2024-12-31 iso4217:USD shares iso4217:USD shares pure false 0000087347 DEF 14A SCHLUMBERGER LIMITED/NV <div id="xdx_807_eecd--PvpTableTextBlock_zcTsKMiTloq"></div> <h1 style="font: 28pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: rgb(2,51,161)">Pay vs. Performance Comparison</h1> As discussed in the CD&A above, our Compensation Committee has implemented an executive compensation program designed to link a substantial portion of our NEOs’ realized compensation to the achievement of SLB’s financial, operational, and strategic objectives, and to align our executive pay with changes in the value of our shareholders’ investments. The following table sets forth additional compensation information for our NEOs, calculated in accordance with SEC regulations, for fiscal years 2024, 2023, 2022, 2021, and 2020. <table cellpadding="0" cellspacing="0" id="xdx_306_zZU1oVv9SDNj" style="font: 9pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="line-height: 10pt"> <td> </td> <td> </td> <td id="xdx_484_eecd--PeoTotalCompAmt_z8rma0AQ2XFh"> </td> <td> </td> <td id="xdx_481_eecd--PeoActuallyPaidCompAmt_zh7SnP1aSm33"> </td> <td> </td> <td id="xdx_481_eecd--NonPeoNeoAvgTotalCompAmt_zLRuYJjErvuj"> </td> <td> </td> <td id="xdx_480_eecd--NonPeoNeoAvgCompActuallyPaidAmt_zbJ8Lb5ScCDe"> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td id="xdx_489_eus-gaap--NetIncomeLoss_pdn6_zZ2AW63Icb2"> </td> <td> </td> <td id="xdx_483_eecd--CoSelectedMeasureAmt_pdn6_uUSD_zGGPSS2ybMqf"> </td> <td> </td></tr> <tr> <td style="vertical-align: bottom; padding-left: 3pt; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td> <td rowspan="2" style="border-bottom: rgb(2,51,161) 1px solid; vertical-align: bottom; text-align: right"> Summary Compensation Table Total for CEO ($)</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right"> </td> <td style="vertical-align: top; text-align: right"> </td> <td rowspan="2" style="border-bottom: rgb(2,51,161) 1px solid; vertical-align: bottom; text-align: right"> Average Summary Compensation Table Total for Non-CEO NEOs ($)</td> <td style="vertical-align: top; text-align: right"> </td> <td rowspan="2" style="border-bottom: rgb(2,51,161) 1px solid; vertical-align: bottom; text-align: right"> Average Compensation Actually Paid to Non-CEO NEOs ($)</td> <td style="vertical-align: top; text-align: right"> </td> <td colspan="3" style="border-bottom: #0233A1 1px solid; vertical-align: bottom; text-align: center">Value of Initial Fixed $100 Investment Based on:</td> <td style="vertical-align: top; text-align: right"> </td> <td colspan="4" style="border-bottom: #0233A1 1px solid; vertical-align: bottom; text-align: center">(Stated in millions)</td></tr> <tr> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 8%; padding-left: 3pt; text-align: left">Year</td> <td style="border-bottom: #0233A1 1px solid; vertical-align: top; width: 1%; text-align: right"> </td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 1%; text-align: left">(1) </td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 10%; text-align: right">Compensation Actually Paid to CEO ($)</td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 3%; text-align: left">(2) </td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 1%; text-align: left">(3) </td> <td style="border-bottom: #0233A1 1px solid; white-space: nowrap; vertical-align: bottom; width: 1%; text-align: left">(2)(3) </td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 9%; text-align: right">Total Shareholder Return</td> <td style="border-bottom: #0233A1 1px solid; vertical-align: top; width: 1%; text-align: right"> </td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 9%; text-align: right">Peer Group Total Shareholder Return</td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 1%; text-align: left">(4) </td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 8%; text-align: right">Net Income (Loss) ($)</td> <td style="border-bottom: #0233A1 1px solid; vertical-align: top; width: 1%; text-align: right"> </td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 8%; text-align: right">Adjusted EBITDA ($)</td> <td style="border-bottom: #0233A1 1px solid; vertical-align: bottom; width: 1%; text-align: left">(5) </td></tr> <tr id="xdx_415_20240101__20241231_zalgVz4lY6O4"> <td style="vertical-align: bottom; padding-left: 3pt">2024</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">17,310,864</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">2,751,129</td> <td style="vertical-align: top; text-align: left">(6) </td> <td style="vertical-align: bottom; text-align: right">5,650,820</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">1,470,258</td> <td style="vertical-align: top; text-align: left">(7) </td> <td id="xdx_985_eecd--TotalShareholderRtnAmt_pp2d_c20200101__20241231_zcmB2uweSJCb" style="vertical-align: bottom; text-align: right">$106.48</td> <td style="vertical-align: top; text-align: right"> </td> <td id="xdx_98E_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20200101__20241231_zyiacPVcmTs3" style="vertical-align: bottom; text-align: right">$111.15</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">4,579</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">9,070</td> <td> </td></tr> <tr id="xdx_418_20230101__20231231_zzrH1nvj3wMk"> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; padding-left: 3pt">2023</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">18,249,585</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">26,165,195</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">5,907,339</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">9,304,743</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td id="xdx_98B_eecd--TotalShareholderRtnAmt_pp2d_c20200101__20231231_z51Iw2NPwegi" style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">$140.98</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td id="xdx_989_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20200101__20231231_zO6AS7B5mSOg" style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">$134.09</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">4,275</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">8,107</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted"> </td></tr> <tr id="xdx_41C_20220101__20221231_zeooWcpBJsk5"> <td style="vertical-align: bottom; padding-left: 3pt">2022</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">15,713,757</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">39,478,899</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">5,087,891</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">17,341,223</td> <td style="vertical-align: top; text-align: right"> </td> <td id="xdx_985_eecd--TotalShareholderRtnAmt_pp2d_c20200101__20221231_ze941Y60KuB1" style="vertical-align: bottom; text-align: right">$142.09</td> <td style="vertical-align: top; text-align: right"> </td> <td id="xdx_98E_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20200101__20221231_zez6WSe0WHy3" style="vertical-align: bottom; text-align: right">$146.82</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">3,492</td> <td style="vertical-align: top; text-align: right"> </td> <td style="vertical-align: bottom; text-align: right">6,462</td> <td> </td></tr> <tr id="xdx_41C_20210101__20211231_z4X9vPUgjGI6"> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; padding-left: 3pt">2021</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">16,795,502</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">32,392,156</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">6,353,971</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">13,116,171</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td id="xdx_981_eecd--TotalShareholderRtnAmt_pp2d_c20200101__20211231_zhXJETCAbEYa" style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">$78.43</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td id="xdx_984_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20200101__20211231_ztxwg5hOkPn" style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">$82.83</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">1,928</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: top; text-align: right"> </td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted; vertical-align: bottom; text-align: right">4,925</td> <td style="border-top: black 1px dotted; border-bottom: black 1px dotted"> </td></tr> <tr id="xdx_413_20200101__20201231_zPPpfXsNoKU3"> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; padding-left: 3pt">2020</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: right"> </td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">5,650,084</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: right"> </td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">(10,610,514</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: left">)</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">6,081,217</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: right"> </td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">2,190,708</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: right"> </td> <td id="xdx_986_eecd--TotalShareholderRtnAmt_pp2d_c20200101__20201231_zQRDLyQy8nmb" style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">$56.19</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: right"> </td> <td id="xdx_98E_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20200101__20201231_z4KedPxvF6H9" style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">$63.45</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: right"> </td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">(10,486</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: top; text-align: left">)</td> <td style="border-bottom: #0233A1 1.5pt solid; vertical-align: bottom; text-align: right">4,313</td> <td style="border-bottom: #0233A1 1.5pt solid"> </td></tr> </table> 17310864 2751129 5650820 1470258 106.48 111.15

4579000000

9070000000 18249585 26165195 5907339 9304743 140.98 134.09

4275000000

8107000000 15713757 39478899 5087891 17341223 142.09 146.82

3492000000

6462000000 16795502 32392156 6353971 13116171 78.43 82.83

1928000000

4925000000 5650084 -10610514 6081217 2190708 56.19 63.45

-10486000000

4313000000 <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt; padding-top: 3pt">(1)</td> <td style="text-align: justify; padding-top: 3pt">The dollar amounts reported are the amounts of total compensation reported for our CEO, Mr. Le Peuch, in the 2024 Summary Compensation Table for fiscal years 2024, 2023, 2022, 2021, and 2020. Mr. Le Peuch served as CEO for each of the years presented. </td></tr> </table> Mr. Le Peuch Mr. Le Peuch Mr. Le Peuch Mr. Le Peuch Mr. Le Peuch <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt; padding-top: 3pt">(4)</td> <td style="text-align: justify; padding-top: 3pt">Reflects cumulative total shareholder return of the Philadelphia Oil Services Sector (OSX) index, as of December 31, 2024, weighted according to the constituent companies’ market capitalization at the beginning of each period for which a return is indicated. The OSX is the peer group used by SLB for purposes of Item 201(e) of Regulation S-K under the Exchange Act in our 2024 Annual Report. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt; padding-top: 3pt">(5)</td> <td style="text-align: justify; padding-top: 3pt">Adjusted EBITDA represents income before taxes, excluding charges and credits, depreciation and amortization, interest expense, and interest income. Adjusted EBITDA is a non-GAAP measure. See Appendix A for reconciliations of non-GAAP measures to their most comparable GAAP measures. </td></tr> </table> Adjusted EBITDA <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt; padding-top: 3pt">(6)</td> <td style="text-align: justify; padding-top: 3pt">To calculate the amount of “compensation actually paid” to our CEO for 2024, the following amounts were deducted from and added to (as applicable) our CEO’s “Total” compensation as reported in the SCT: </td></tr> <tr style="vertical-align: top"> <td style="padding-top: 3pt"> </td> <td style="text-align: justify; padding-top: 3pt"> </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_309_zaJNpUhcU132" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap; width: 18pt; padding-bottom: 1px"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; padding-left: 3pt">Year</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right">Summary Compensation Table Total for CEO ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right">Reported Value of Equity Awards for CEO ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; text-align: left; vertical-align: bottom">(a) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right">Equity Award Adjustments for CEO ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; text-align: left; vertical-align: bottom">(b) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right">Reported Change in the Actuarial Present Value of Pension Benefits for CEO ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; text-align: left; vertical-align: bottom">(c) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right">Pension Benefit Adjustments for CEO ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; text-align: left; vertical-align: bottom">(d) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right; padding-right: 3pt">Compensation Actually Paid to CEO ($)</td> </tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2px"> </td> <td style="border-bottom: rgb(2,51,161) 2px solid; text-indent: 2.25pt">2024</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_982_eecd--PeoTotalCompAmt_c20240101__20241231_zqaZwlFUtL6l" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">17,310,864</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_988_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--ReportedValueofEquityAwardsforCeoMember_z8VIAXOqwqH9" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">(12,374,997)</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_98E_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--EquityAwardAdjustmentsforCeoMember_zk0hDWDtacjj" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">(1,539,594)</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_982_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--ReportedChangeInTheActuarialPresentValueOfPensionBenefitsForCEOMember_zvcuCUBeLuqa" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">(819,155)</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_989_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--PensionBenefitAdjustmentsForCeoMember_z4UFMg8UxL34" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">174,011</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_98B_eecd--PeoActuallyPaidCompAmt_c20240101__20241231_zm478aH51As" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right; padding-right: 3pt">2,751,129</td> </tr> </table> <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt; padding-bottom: 3pt"> </td> <td style="width: 18pt; padding-top: 3pt; padding-bottom: 3pt">(a)</td> <td style="padding-top: 3pt; text-align: justify; padding-bottom: 3pt">Represents the grant date fair value of the equity awards to our CEO in 2024, as reported in the “Stock Awards” column in the SCT.</td></tr> <tr style="vertical-align: top"> <td> </td> <td style="padding: 0.75pt">(b)</td> <td style="padding: 0.75pt; text-align: justify">Represents the year-over-year change in the fair value of equity awards to our CEO, as itemized in the table below. No awards vested in the year they were granted.</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_300_zMG5PuDJIor5" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: bottom"> <td style="background-color: White"> </td> <td style="padding-left: 3pt"> </td> <td> </td> <td style="text-align: right; padding-right: 3pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="width: 36pt; background-color: White"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; padding-left: 3pt">Fair Value of Equity Awards for CEO</td> <td style="border-bottom: rgb(2,51,161) 1px solid; width: 1%"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; text-align: right; width: 9%; padding-right: 3pt">($)</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White"> </td> <td style="padding-left: 3pt">As of year-end for awards granted during 2024</td> <td> </td> <td id="xdx_987_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--AsOfYearEndForAwardsGrantedDuring2024Member_zEr6VQpKg7C" style="text-align: right; padding-right: 3pt">11,388,119</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White"> </td> <td style="border-top: rgb(87,88,90) 1px dotted; border-bottom: rgb(87,88,90) 1px dotted; padding-left: 3pt">Year-over-year decrease of unvested awards granted in prior years</td> <td style="border-top: rgb(87,88,90) 1px dotted; border-bottom: rgb(87,88,90) 1px dotted"> </td> <td id="xdx_982_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--YearOverYearDecreaseOfUnvestedAwardsGrantedInPriorYearsMember_zEAJQ9GcJkg5" style="border-top: rgb(87,88,90) 1px dotted; border-bottom: rgb(87,88,90) 1px dotted; text-align: right; padding-right: 3pt">(12,214,442)</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White"> </td> <td style="padding-left: 3pt">Decrease from prior fiscal year-end for awards that vested during 2024</td> <td> </td> <td id="xdx_98A_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--DecreaseFromPriorFiscalYearEndForAwardsThatVestedDuring2024Member_zSGJrHM9bKQ1" style="text-align: right; padding-right: 3pt">(713,270)</td></tr> <tr style="background-color: rgb(220,220,241)"> <td style="background-color: White"> </td> <td style="border-top: rgb(2,51,161) 1px solid; border-bottom: rgb(2,51,161) 2px solid; padding-left: 3pt">Total Equity Award Adjustments</td> <td style="border-top: rgb(2,51,161) 1px solid; border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_983_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--TotalEquityAwardAdjustmentsMember_zBVLrGkORffh" style="border-top: rgb(2,51,161) 1px solid; border-bottom: rgb(2,51,161) 2px solid; text-align: right; padding-right: 3pt">(1,539,594)</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt"> </td> <td style="width: 18pt; padding-top: 3pt; padding-bottom: 3pt">(c)</td> <td style="padding-top: 3pt; text-align: justify; padding-bottom: 3pt">Represents the change in 2024 in the actuarial present value of our CEO’s accumulated benefit under all benefit and actuarial pension plans in which he participates, as reported in the “Change in Pension Value & Nonqualified Deferred Compensation Earnings” column in the SCT. </td></tr> <tr style="vertical-align: top"> <td> </td> <td style="padding-top: 0.75pt; padding-right: 0.75pt; padding-left: 0.75pt">(d)</td> <td style="padding-top: 0.75pt; padding-right: 0.75pt; padding-left: 0.75pt; text-align: justify">Represents the actuarially determined service cost for services rendered in 2024 under all benefit and actuarial pension plans in which our CEO participates.</td></tr> </table> 17310864 -12374997 -1539594 -819155 174011 2751129 11388119 -12214442 -713270 -1539594 <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt">(7)</td> <td style="text-align: justify">To calculate the amount of average “compensation actually paid” to our NEOs other than our CEO for 2024, the following amounts were deducted from and added to (as applicable) the average of the “Total” compensation of our non-CEO NEOs as reported in the SCT:</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_306_zQdfpgE5DHJa" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: bottom; color: rgb(2,51,161)"> <td style="white-space: nowrap; width: 18pt; color: rgb(2,51,161); padding-bottom: 1px"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; text-align: left; padding-left: 3pt; color: rgb(2,51,161)">Year</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; color: rgb(2,51,161)"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right; color: rgb(2,51,161)">Average Summary Compensation Table Total for Non-CEO NEOs ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; color: rgb(2,51,161)"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right; color: rgb(2,51,161)">Average Reported Value of Equity Awards for Non-CEO NEOs ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; color: rgb(2,51,161)">(w) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right; color: rgb(2,51,161)">Average Equity Award Adjustments for Non-CEO NEOs ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; color: rgb(2,51,161)">(x) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right; color: rgb(2,51,161)">Average Reported Change in the Actuarial Present Value of Pension Benefits for Non-CEO NEOs ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; color: rgb(2,51,161)">(y) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right; color: rgb(2,51,161)">Average Pension Benefit Adjustments for Non-CEO NEOs ($)</td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 2%; color: rgb(2,51,161)">(z) </td> <td style="border-bottom: rgb(2,51,161) 1px solid; white-space: nowrap; width: 9%; text-align: right; padding-right: 3pt; color: rgb(2,51,161)">Average Compensation Actually Paid to Non-CEO NEOs ($)</td> </tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 2px"> </td> <td style="border-bottom: rgb(2,51,161) 2px solid; text-align: left; padding-left: 3pt">2024</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_981_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_zd8cA97B1Jz4" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">5,650,820</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_98D_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--AverageReportedValueOfEquityAwardsForNonCeoNeosMember_zZ4jgiQTdGV8" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">(3,574,939)</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_98D_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--AverageEquityAwardAdjustmentsForNonCeoNeosMember_zjq4nc0CiwZ5" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">(418,278)</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_98E_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--AverageReportedChangeInTheActuarialPresentValueOfPensionBenefitsForNonCeoNeosMember_zjXrOFyk3rd2" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">(237,681)</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_98C_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--AveragePensionBenefitAdjustmentsForNonCeoNeosMember_zPMh3fprCERc" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right">50,336</td> <td style="border-bottom: rgb(2,51,161) 2px solid"> </td> <td id="xdx_988_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_zJaG8PYXjmu1" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right; padding-right: 3pt">1,470,258</td> </tr> </table> <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt"> </td> <td style="width: 18pt">(w)</td> <td style="padding-bottom: 3pt">Represents the average of the grant date fair value of the equity awards to our non-CEO NEOs in 2024, as reported in the “Stock Awards” column in the SCT.</td></tr> <tr style="vertical-align: top"> <td> </td> <td style="padding-bottom: 3pt">(x)</td> <td style="padding-bottom: 3pt">Represents the average of the year-over-year change in the fair value of equity awards to our non-CEO NEOs, as itemized in the table below. No awards vested in the year they were granted. </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_305_zztrq9PWx5rk" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="vertical-align: bottom; color: rgb(2,51,161)"> <td style="width: 36pt; color: rgb(2,51,161)"> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; color: rgb(2,51,161); padding-left: 3pt">Fair Value of Equity Awards for Non-CEO NEOs</td> <td style="border-bottom: rgb(2,51,161) 1px solid; width: 6%; text-align: right; color: rgb(2,51,161); padding-right: 3pt">($)</td></tr> <tr style="vertical-align: bottom"> <td> </td> <td style="border-bottom: rgb(87,88,90) 1px dotted; padding-left: 3pt">As of year-end for awards granted during 2024</td> <td id="xdx_982_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--AsOfYearEndForAwardsGrantedDuring2024Member_zIgs44VtTWT7" style="border-bottom: rgb(87,88,90) 1px dotted; padding-bottom: 1pt; text-align: right; padding-right: 3pt">3,289,850</td></tr> <tr style="vertical-align: bottom"> <td> </td> <td style="border-bottom: rgb(87,88,90) 1px dotted; padding-left: 3pt">Year-over-year decrease of unvested awards granted in prior years</td> <td id="xdx_989_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--YearOverYearDecreaseOfUnvestedAwardsGrantedInPriorYearsMember_zLPyOvdafwhj" style="border-bottom: rgb(87,88,90) 1px dotted; padding-bottom: 1pt; text-align: right; padding-right: 3pt">(3,485,669)</td></tr> <tr style="vertical-align: bottom"> <td> </td> <td style="border-bottom: rgb(2,51,161) 1px solid; padding-left: 3pt">Decrease from prior fiscal year-end for awards that vested during 2024</td> <td id="xdx_988_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--DecreaseFromPriorFiscalYearEndForAwardsThatVestedDuring2024Member_ztwgj4Pzndb7" style="border-bottom: rgb(2,51,161) 1px solid; text-align: right; padding-right: 3pt">(222,459)</td></tr> <tr style="background-color: rgb(233,232,246)"> <td style="color: White; background-color: White"> </td> <td style="border-bottom: rgb(2,51,161) 2px solid; padding-left: 3pt">Total Equity Award Adjustments</td> <td id="xdx_986_eecd--AdjToCompAmt_c20240101__20241231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--TotalEquityAwardAdjustmentsMember_zBlG7ZeZiVje" style="border-bottom: rgb(2,51,161) 2px solid; text-align: right; padding-right: 3pt">(418,278)</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 18pt"> </td> <td style="width: 18pt">(y)</td> <td style="text-align: justify; padding-bottom: 3pt">Represents the average change in 2024 in the actuarial present value of the accumulated benefits to our non-CEO NEOs under all benefit and actuarial pension plans in which they participate, as reported in the “Change in Pension Value & Nonqualified Deferred Compensation Earnings” column in the SCT.</td></tr> <tr style="vertical-align: top"> <td> </td> <td>(z)</td> <td style="text-align: justify">Represents the actuarially determined service cost for services rendered in 2024 under all benefit and actuarial pension plans in which our non-CEO NEOs participate.</td></tr> </table> 5650820 -3574939 -418278 -237681 50336 1470258 3289850 -3485669 -222459 -418278 <h2 style="font: 16pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: rgb(2,51,161)">Pay-for-Performance Alignment</h2> The following table identifies the five most important financial performance measures used by our Compensation Committee to link the “compensation actually paid” (CAP) to our CEO and other NEOs in 2024, calculated in accordance with SEC regulations, to company performance. The role of each of these performance measures on our NEOs’ compensation is discussed in the CD&A above. <table cellpadding="0" cellspacing="0" id="xdx_30F_z0qAnfWFkmRb" style="font: 9pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="background-color: rgb(2,51,161)"> <td style="text-align: center; width: 100%; padding-top: 5pt; vertical-align: middle; padding-bottom: 5pt">Financial Performance Measures</td></tr> <tr style="vertical-align: bottom"> <td id="xdx_985_eecd--MeasureName_c20240101__20241231__ecd--MeasureAxis__1_z1nIzGfMZFse" style="text-align: center">Adjusted EBITDA</td></tr> <tr style="vertical-align: bottom"> <td id="xdx_98A_eecd--MeasureName_c20240101__20241231__ecd--MeasureAxis__2_zy1xKHiohEEg" style="border-top: rgb(87,88,90) 1px dotted; border-bottom: rgb(87,88,90) 1px dotted; text-align: center">Free Cash Flow</td></tr> <tr style="vertical-align: bottom"> <td id="xdx_98B_eecd--MeasureName_c20240101__20241231__ecd--MeasureAxis__3_z78F97mMyJRh" style="text-align: center">Free Cash Flow Margin</td></tr> <tr style="vertical-align: bottom"> <td id="xdx_98B_eecd--MeasureName_c20240101__20241231__ecd--MeasureAxis__4_z25bV7Ab6Yq" style="border-top: rgb(87,88,90) 1px dotted; border-bottom: rgb(87,88,90) 1px dotted; text-align: center">Return on Capital Employed</td></tr> <tr style="vertical-align: bottom"> <td id="xdx_987_eecd--MeasureName_c20240101__20241231__ecd--MeasureAxis__5_zv4b1bHq1cm9" style="border-bottom: rgb(2,51,161) 2px solid; text-align: center">Total Shareholder Return</td></tr> </table> Adjusted EBITDA Free Cash Flow Free Cash Flow Margin Return on Capital Employed Total Shareholder Return CAP vs. Total Shareholder Return (SLB and OSX) <img alt="" src="lslb009x63x1.jpg"/> CAP vs. Net Income <img alt="" src="lslb009x63x2.jpg"/> CAP vs. Adjusted EBITDA <img alt="" src="lslb009x63x3.jpg"/>