Company: HLX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011655
Chunk: 70

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 70
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 median paid employee, as well as the ratio of the total compensation paid to the median employee as compared to the total compensation paid to our Chief Executive Officer. The paragraphs that follow describe our methodology and the resulting Chief Executive Officer to median employee pay ratio. Measurement Date No change has occurred in our employee population or employee compensation arrangements that we believe would result in a significant change to our prior year’s calculations. As such, we identified and determined the median employee using our employee population on December 31, 2023. Consistently Applied Compensation Measure (CACM) Under the relevant rules, we identified the median employee by use of a “consistently applied compensation measure,” or CACM. We chose a CACM that closely approximates the annual total direct compensation of all our employees (excluding our Chief Executive Officer). Specifically, we identified the median employee by reviewing annual base pay and other taxable income. We did not perform adjustments to the compensation paid to part-time employees to calculate what they would have been paid on a full-time basis. Methodology and Pay Ratio Accordingly, we are using the same median employee for 2024 as we did for 2023. In 2023, after applying our CACM methodology, we identified the median employee. Once the median employee was identified, we calculated the median employee’s total annual compensation in accordance with the requirements of the Summary Compensation Table. Our median employee compensation as calculated using the Summary Compensation Table requirements was $95,480 for 2024. Our Chief Executive Officer’s compensation as reported in the Summary Compensation Table was $5,675,840 for 2024. Therefore, our chief executive officer to median employee pay ratio is estimated at 59:1. Our median employee’s total

| Helix Energy Solutions Group, Inc. |     | 2025 Proxy Statement |     | 65 |

TABLE OF CONTENTS Executive Compensation

compensation does not include the premiums we paid for health insurance, dental insurance, health savings account, short-term and long-term disability insurance, our employee assistance program, and life and accidental death and dismemberment insurance. If we included those amounts for both the median employee and our Chief Executive Officer, our Chief Executive Officer to median employee pay ratio would have been estimated at 56:1. This information is being provided for compliance purposes only. Neither the Compensation Committee nor Helix management used the pay ratio measure in making any compensation decisions. Pay Versus Performance As discussed in the Compensation Discussion and Analysis above, our Compensation Committee has implemented an