Company: HLX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011655
Chunk: 16

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 16
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 time to time Helix presents or hosts programs regarding topical matters to the Board.

| Helix Energy Solutions Group, Inc. |     | 2025 Proxy Statement |     | 19 |

TABLE OF CONTENTS Corporate Governance

Risk Oversight The Board and its committees are actively involved in overseeing risk management for Helix and has adopted an Enterprise Risk Management Policy to provide a framework to support the identification and mitigation of enterprise-level risks that may have a material and adverse impact on the enterprise. The five core principles of the Enterprise Risk Management Policy are: identification, mitigation, monitoring, transparency and evolution. In order to advance our business strategy, maintain our financial strength and create long-term value for our shareholders, the Board routinely assesses the major, “mission critical” risks facing Helix and various options for mitigation of those risks. Specifically, the Audit Committee is responsible for oversight with respect to processes, guidelines and policies with respect to risk assessment and risk management, including Helix’s major financial and cybersecurity risk exposures and the risk of fraud, and the steps taken to monitor and control such exposures and review of the assessment process and methodology with respect to the identification of risk assessment and risk management. Management is responsible for the day-to-day operation and oversight of Helix, and identifies and prioritizes risks associated with our business, which are discussed at Board and/or committee meetings as appropriate. We believe that our risk management responsibilities, processes and procedures serve as an effective approach for addressing the risks facing Helix, and that our Board and management structures support this approach. Among its duties beyond its enumerated responsibilities related to risk oversight, the Audit Committee regularly reviews with the Board and management:

| • | Our policies and processes with respect to risk assessment, mitigation and management; |

| • | Our systems of disclosure controls and internal controls over financial reporting; |

| • | Key credit risks; |

| • | Our hedging policies and transactions; |

| • | Cybersecurity risk and control procedures; and |

| • | Our compliance with legal and regulatory requirements. |

Among its duties, the Compensation Committee regularly reviews with the Board and management:

| • | Our compensation philosophy, policies and programs; |

| • | Retention risk; and |

| • | Alignment with shareholder interests. |

Among its duties, the Corporate Governance and Nominating Committee regularly reviews with the Board and management:

| • | The disclosure and reporting of any Environmental, Social and Governance (“ESG”) matters, and specifically including with respect to climate change, regarding our business and industry; |

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