Company: BKR
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-067674
Chunk: 50

Company: Baker Hughes Co
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 50
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 plcS&P 500 Industrials Index (median performing company)11S&P 500 Industrials index (median performing company) is an additional peer for the TSR Modifier only.462025 Proxy Statement
Executive Compensation Additional compensation program features and policies Stock ownership guidelines The Baker Hughes Board adopted stock ownership guidelines for our executive officers to ensure that they have a meaningful economic stake in the Company. The guidelines are designed to satisfy an individual executive officer’s need for portfolio diversification, while maintaining management stock ownership at levels intended to be high enough to maximize alignment and to assure our shareholders of management’s commitment to value creation. Executive officers are required to hold the number of shares valued at a multiple of their base salary, in the amounts listed below:

| Role                                                 |     | Guidelines     |
| Chairman, President and Chief Executive Officer      |     | 6X Base Salary |
| Executive Vice President and Chief Financial Officer |     | 3X Base Salary |
| Other executive officers reporting to the CEO        |     | 2X Base Salary |

An executive officer has five years to comply with the ownership requirement starting from the date of appointment to a position noted above. If an executive officer is promoted to a position with a higher ownership salary multiple, the executive officer has five years from the date of the change in position to reach the higher expected stock ownership level but he or she still must meet the prior expected stock ownership level within the original five years of the date first appointed to such prior position. Executive officers who have not met the applicable stock ownership level within the time required are required to hold 75% of the net shares acquired from the future exercise or vesting of awards received under the Company’s equity compensation programs until the ownership levels are met. Executive officers are required to meet their stock ownership requirement by holding at least 30% of their shares in the long position. The Human Capital and Compensation Committee annually reviews each executive officer’s compensation and stock ownership levels to determine whether they are appropriate. In 2024, all of the NEOs were in compliance with the stock ownership guidelines. Risk assessment Baker Hughes conducts an annual review of its compensation programs and practices to assess any inherent risks which are reasonably likely to have a material adverse effect on the Company and presents a report to the Human Capital and Compensation Committee to facilitate a discussion. For purposes of this review, risk was defined as any compensation arrangements for all employees, including NEOs, that could motivate behavior that could be reasonably likely to have a material adverse effect on the Company. The review evaluates certain