Company: BKR
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-067674
Chunk: 9

Company: Baker Hughes Co
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 9
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 Former Partner EY (formerly Ernst & Young LLP)                                       |     |     64 |     |     2024 |     | ●                     |     |     |     |     |     | ●   |     | Yes         |
| Ilham Kadri Chief Executive Officer Syensqo S.A.                                                        |     |     56 |     |  2025(3) |     | ●                     |     |     |     |     |     | ●   |     | Yes         |
| John G. Rice(4) Former Chairman GE Gas Power                                                            |     |     68 |     |     2017 |     |                       |     | ●   |     |     |     |     |     | Yes         |
| Mohsen M. Sohi Chief Executive Officer Freudenberg SE                                                   |     |     66 |     |     2023 |     | ●                     |     |     |     |     |     | ●   |     | Yes         |

| ● Member |     | Chair   * Lead Independent Director |

| AC Audit Committee                           |     | FC Finance Committee |     | GCR Governance & Corporate Responsibility Committee |
| HCC Human Capital and Compensation Committee |     |                      |     |                                                     |

| (1) | Lynn L. Elsenhans has notified the Board of her decision not to stand for re-election at the 2025 Annual Meeting. |

| (2) | Ages listed are as of May 20, 2025. |

| (3) | Ilham Kadri is not a current director on the Board and will be a director on the Board effective May 1, 2025. |

| (4) | John G. Rice will be lead independent director of the Board effective May 1, 2025. |

| 5 |

Proxy Statement Summary Compensation highlights Our executive compensation program is designed to attract, motivate, and retain our executives, including our named executive officers (each an “NEO”), who are critical to our long-term success. The program is designed to align with three core principles:

| Align executive and shareholder interests |     | Provide a significant portion of total compensation that is performance-based and at risk |     | Attract and retain talented executives |

Our executive compensation program emphasizes performance-based compensation tied to increases in Baker Hughes’ stock price and drives strategic imperatives. Approximately 90% of Mr. Simonelli’s target total compensation is performance-based and at risk