Company: HLX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011655
Chunk: 75

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 75
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 to a performance peer group established using a defined and consistent methodology, as well as our ability to generate cash; and |

| • | Consider the outcome of our Say on Pay votes and our shareholders’ views when making future compensation decisions for our NEOs. |

The Compensation Committee and management believe that the Company’s 2024 executive compensation:

| • | Appropriately reflects Helix’s financial performance for the year as well as for longer-term value creation; |

| • | Demonstrates alignment of our NEOs’ interests with those of our shareholders; |

| • | Includes an appropriate overall mix of short- and long-term incentives designed to enhance shareholder value; |

| • | Advances Helix’s mission and business strategy; and |

| • | Helps attract, motivate and retain the key talent needed to deliver Helix’s long-term success. |

| 72 |     | 2025 Proxy Statement |     | Helix Energy Solutions Group, Inc. |

TABLE OF CONTENTS Proposal 3

Vote Required The vote on the approval of the 2024 compensation of our named executive officers is advisory and non-binding. However, the Board will consider shareholders to have approved our named executive officers’ 2024 compensation if the proposal receives the affirmative “FOR” vote of holders of a majority of the shares of common stock present or represented and entitled to vote on the proposal at the Annual Meeting.

| Board of DirectorsRecommendation                                                                                                                                                                                                                                                                         
 The Board recommends that you vote“FOR”the approval, on a non-binding advisory basis, of the following resolution:                                                                                                                                                                                       
 Resolved, that the shareholders approve, on a non-binding advisory basis, the 2024 compensation of Helix’s named executive officers as disclosed in the Compensation Discussion and Analysis section, the accompanying compensation tables and the related narrative disclosure in this proxy statement. |

| Helix Energy Solutions Group, Inc. |     | 2025 Proxy Statement |     | 73 |

TABLE OF CONTENTS

Share Ownership Information Five Percent Owners The following table sets forth information as to all persons or entities known by us to have beneficial ownership, as of March 18, 2025, of more than five percent of the outstanding shares of our common stock. As of March 18, 2025, 151,530,339 shares of our common stock were outstanding. The information set forth below has been determined in accordance with Rule 13d-3 under the Exchange Act on the basis of the most recent information filed with the SEC and furnished to us by the person listed.