Company: BKR
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-067674
Chunk: 69

Company: Baker Hughes Co
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 69
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62 |

Executive Compensation

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Executive Compensation Human Capital and Compensation Committee interlocks and insider participation From January 1, 2024 until May 12, 2024, the members of the Human Capital and Compensation Committee con sisted of Mmes. Carroll (Chair), Elsenhans, and Connors, Mr. Al Gudaimi and Dr. Sohi. From May 13, 2024 until May 21, 2024, the Human Capital and Compensation Committee consisted of Mmes. Carroll (Chair) and Elsenhans, Mr. Al Gudaimi, and Dr. Sohi. Beginning on May 22, 2024 through the remainder of 2024, the Human Capital and Compensation Committee consisted of Mmes. Carroll (Chair), Edwards, and Elsenhans, Mr. Al Gudaimi, and Dr. Sohi. During 2024, none of the members of the Human Capital and Compensation Committee served as an officer or employee of the Company, was formerly an officer of the Company or had any relationship requiring disclosure under Item 404 of Regulation S-Kconcerning transactions with related persons. In addition, during 2024, none of the Company’s executive officers served as a member of a compensation committee or board of directors of any other entity which had an executive officer serving as a member of the Company’s Board or Human Capital and Compensation Committee.

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Proposal 2 Advisory vote related to the Company’s executive compensation program

| The Board of Directors recommend that you vote FOR the compensation programs of the NEOs on an advisory basis |

| The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, or the Dodd-Frank Act, enables our shareholders to approve, on an advisory basis, the compensation of our NEOs as disclosed in this Proxy Statement in accordance with the SEC’s rules. The proposal, commonly known as a “Say on Pay” proposal, gives our shareholders the opportunity to express their views on the Company’s executive compensation. Because this is an advisory vote, this proposal is not binding upon the Company. |     | In the 2024 proxy advisory vote, 95.2% of the voted shares supported the compensation of our named executive officers. |

The Human Capital and Compensation Committee, which is responsible for designing and administering the Company’s executive compensation program, values the opinions expressed by shareholders in their vote on this proposal. We believe that our compensation policies and decisions are focused on pay-for