Company: BKR
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-067674
Chunk: 63

Company: Baker Hughes Co
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 63
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 options that have been held for at least one year would have become vested on a pro-rata basis and exercisable; and |

| • |     | all outstanding PSUs that have been held for at least one year would have satisfied the service condition on a pro-rata basis and would remain eligible to vest subject to the attainment of performance conditions. |

Payments in the event of a change in control without termination of employment If a change in control were to have occurred on December 31, 2024, or any other date, and the executive officers did not incur a termination of employment the executive officers would not have been entitled to any payments in connection with the change in control. However, PSUs would have been deemed to have satisfied their performance condition at target performance. For all PSUs the awards would still be subject to their respective service conditions. Payments in the event of a change in control and termination of employment by the executive officer for good reason or by the Company or its successor without cause In addition to the benefits described above under “ Payments Upon Involuntary Termination of Employment Not In Connection With a Change in Control,”if an executive officer is terminated without cause or terminates employment for good reason within 24 months (12 months in some cases) following a change in control, pursuant to the equity award agreements, restrictions on all RSUs would have immediately lapsed, any unvested options would have immediately vested and become exercisable, the service restrictions on all PSUs would have immediately lapsed and the satisfaction the performance conditions would have been fixed at target. Termination of employment for any reason If an executive officer had terminated employment with us on December 31, 2024 for any reason, including resignation or involuntary termination of employment for cause, the executive officer would have been entitled to receive those vested benefits to which the executive officer is entitled under the terms of the employee benefit plans in which the executive officer is a participant as of the executive officer’s date of termination of employment.

| 56  2025 Proxy Statement |

Executive Compensation Payments upon disability If the executive officer had terminated employment with us on December 31, 2024 due to disability, the executive officer would have received the following:

| • |     | all outstanding RSUs that have been held for at least one year would have become fully vested and non-forfeitable; |

| • |     | all outstanding PSUs that have been held for at least one year would have satisfied the service condition and would remain eligible to vest subject to the performance condition