Company: BKR
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-067674
Chunk: 26

Company: Baker Hughes Co
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 26
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 Committee monitors and reviews and our Board oversees management succession planning and talent development. At each committee meeting during the year, the Human Capital and Compensation Committee is engaged on the topics related to leadership and talent development, with one meeting dedicated to an in-depthreview of succession planning for key executive officer roles, including the CEO. The succession plans are reviewed with the full Board at least annually. The Board also reviews succession planning in the context of our overall business strategy. Potential leaders are visible to Board members through formal presentations and informal events to allow directors to personally assess candidates. Our Board also establishes steps to address emergency CEO succession planning in extraordinary circumstances. Our emergency CEO succession planning is intended to enable our Company to respond to unexpected emergencies and minimize potential disruption or loss of continuity to our Company’s business and operations. Shareholder engagement Our directors and management recognize the benefits that come from robust dialogue with shareholders and other relevant stakeholders. We maintain an ongoing, proactive communication effort with our shareholders through our Investor Relations team as well as an integrated outreach program that includes our Chief Sustainability Officer, Corporate Secretary’s office, and Executive Compensation and Investor Relations teams. This group engages with our shareholders, and, in consultation with our Board, thoughtfully adopts and applies developing practices in a manner that best supports our business and our culture.

| 25 |

Corporate Governance

| TOTAL INVESTOR OUTREACH FOLLOWING OUR 2024 ANNUAL MEETING   Invited at least the top twenty 
 shareholders of our outstanding                                                             
 Common Stock to engage with                                                                 
 our team.                                                                                   |     | BROAD RANGE OF ENVIRONMENTAL, SOCIAL, GOVERNANCE,   AND COMPENSATION TOPICS, INCLUDING:   •   Business strategy and execution   •   Sustainability reporting standards   •   Diversity and belonging   •   Emissions reduction progress and environmental performance   •   Compensation practices   •   Risk oversight   •   Board skills, diversity, and refreshment   •   Board governance framework |

Shareholder communications with the Board of Directors To provide the Company’s shareholders and other interested parties with a direct and open line of communication to the Company’s Board of Directors, shareholders may communicate with any member of the Board, including the Company’s Lead Independent Director, the Chair of any committee, or with the non-employeedirectors of the Company as