Committee Members | |
Jeffrey W. Sheets – Chair | Maria Moræus Hanssen |
Ulrich Spiesshofer |
Vanitha Narayanan |
The Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Schlumberger Limited (“SLB”) shall consist of at least three directors. The members of the Committee and its Chair shall be appointed by the Board upon the recommendation of the Nominating and Governance Committee and may be removed by the Board at its discretion. All members of the Committee shall, in the Board’s judgment, meet the applicable independence requirements of the New York Stock Exchange (“NYSE”), and all other applicable laws and regulations.
The purposes of the Committee are to assist the Board in discharging its responsibilities with regard to executive compensation; periodically review non-executive director compensation; oversee the general compensation philosophy, policy, and programs of SLB; serve as the administrative Committee under SLB’s stock plans; and review and discuss with management SLB’s report to stockholders on executive compensation.
The authority and responsibilities of the Committee are to:
Approved by the Board of Directors: October 19, 2023