Company: HLX
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001140361-25-011655
Chunk: 20

Company: HELIX ENERGY SOLUTIONS GROUP INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 20
---
 and the independent registered public accounting firm any “critical audit matters” that are being considered by the independent registered public accounting firm for inclusion in its audit opinion; |

| • | Meets independently with management and the independent registered public accounting firm; |

| • | Meets with internal audit and reviews significant reports prepared by internal audit as well as the quality and objectivity of the internal audit function; |

| • | Reviews corporate compliance and disclosure systems; |

| • | Discusses with management the processes, guidelines and policies with respect to risk assessment and risk management, including the major financial and cybersecurity risk exposures and the risk of fraud, and the steps management and our business units have taken to monitor and control such exposures; |

| • | Reviews corporate compliance and ethics programs and associated legal and regulatory requirements, together with management’s periodic evaluation of the programs’ effectiveness; |

| • | Reviews and approves related-party transactions; |

| • | Makes regular reports to the Board; |

| • | Reviews and reassesses the adequacy of its charter annually and recommends any proposed changes to the Board for approval; |

| • | Performs an annual self-evaluation of its performance; |

| • | Produces an annual report for inclusion in our proxy statement; and |

| • | Performs such other duties as may be assigned by the Board from time to time. |

Audit Committee Independence The Board has affirmatively determined that all members of the Audit Committee (i) are considered “independent” as defined under NYSE Rule 303A and (ii) meet the criteria for independence set forth in Exchange Act Rule 10A-3(b)(1). Designation of Audit Committee Financial Experts The Board has determined that each member of the Audit Committee is financially literate and that Ms. Nelson and Mr. Transier are “audit committee financial experts,” as that term is defined in the rules promulgated by the SEC pursuant to the Sarbanes-Oxley Act of 2002, and have financial management expertise as required by the NYSE listing rules. For more information regarding the Audit Committee, see the “Report of the Audit Committee” on page 32.

| Helix Energy Solutions Group, Inc. |     | 2025 Proxy Statement |     | 23 |

TABLE OF CONTENTS Corporate Governance

Compensation Committee The Compensation Committee currently is composed of three independent directors: Mr. Lovoi, Chair, Ms. Harris and Mr. Little. The Compensation Committee is appointed by the Board to assist the Board in discharging its responsibilities relating