Company: BKR
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-067674
Chunk: 66

Company: Baker Hughes Co
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 66
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 $101 |                | $ 67 |              | $ |   (219 | )                  |     | $2,681 |
| 2020 |         | $15,313,021 |                                |     | $ 8,230,793 |                                    |     | $4,815,026 |                                                         |     | $2,079,825 |                                                    |     |                                                   | $ 85 |                | $ 57 |              | $ | (9,940 | )                  |     | $2,357 |

| (1) | For fiscal years 2024, 2023, 2022, 2021 and 2020,Mr. Simonelliwas the PEO for the Company. |

| (2) | The Summary Compensation Table Totals for 2023 were updated as explained in the footnotes to the Summary Compensation Table. |

| (3) | Compensation Actually Paid (“CAP”) is the Summary Compensation Table (“SCT”) total value for the period shown with adjustments for equity awards and pension (as described in moredetail in the reconciliation table for our PEO andnon-PEOsbelow). CAP reflects equity awards based on themark-to-marketvaluation under ASC Topic 718: Compensation — Stock Compensation for each period in the above table. Pension values for CAP reflect the pension service cost as used in the financial statements for each period shown in the above table. |

| (4) | The values reflecting under CAP for 2023 were updated upon identification of a scrivener’s error in the 2023 PSU award agreement leading to an adjustment in valuation. |

| (5) | The Company calculates TSR with a base investment of $100 in a manner consistent with the stock performance graph disclosure requirements under Item 201(e) of RegulationS-Kand is cumulative for the measurement periods beginning on December 31, 2019 and ending on December 31 of each 2024, 2023, 2022, 2021 and 2020, respectively.The peer group used for comparison for each of the fiscal years 2024, 2023, 2022, 2021 and 2020 is the Philadelphia Oil Service (“OSX”) Index. |

| (6) | We determinedAdjusted EBITDAto be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO andNon-PEONEOs in 2024. Adjusted EBITDA is a key measure in