Company: BKR
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-067674
Chunk: 24

Company: Baker Hughes Co
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 24
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 risks related to human capital management, including talent recruitment and retention                                                       |

| 23 |

Corporate Governance Board and committee oversight of environmental, social, and governance matters Our Board recognizes that striving to operate responsibly – minimizing the environmental impact of our operations, fostering employee engagement, and respecting human rights by creating an environment of respect, integrity, and fairness for our employees and customers wherever we do business – is fundamental to the long-term success of our Company. The Board and committees oversee significant sustainability topics as follows:

| BOARD OF DIRECTORS   Oversight of energy transition strategy and initiatives |

| AUDIT COMMITTEE                                                                                                                                      |     | FINANCE COMMITTEE                                     |     | GOVERNANCE & CORPORATE RESPONSIBILITY COMMITTEE                                                                                                                                                                                                         |     | HUMAN CAPITAL AND COMPENSATION                                                                                                                                                                        
 COMMITTEE                                                                                                                                                                                             |
| •  Sustainability disclosures in SEC filings   •  Compliance program, including human rights concerns   •  Cybersecurity   •  Supplier audit program |     | •  Sustainability Investments   •  Investor Relations |     | •  Corporate Sustainability Report   •  Sustainability reporting standards/metrics   •  HSE program   •  Social responsibility   •  Policy/regulatory updates   •  Charitable giving   •  Political contributions   •  Board composition and governance |     | •  Diversity and belonging   •  Talent planning/culture for energy transition   •  Competitive benefits and compensation   •  Talent retention   •  Succession planning   •  Training and development |

Sustainability Oversight As noted in the table above, the Board has charged the Governance & Corporate Responsibility Committee with oversight responsibility of the Company’s environmental matters as well as assessing its sustainability strategy and initiatives, including the publication of our Corporate Sustainability Report. The Governance & Corporate Responsibility Committee receives regular reports from management on the Company’s environmental and sustainability priorities and risks, including progress on our emission reduction goals and execution, our Environmental, Social and Governance (“ESG”) reporting frameworks, ESG ratings, and execution of our sustainability strategy. Cybersecurity Oversight Cybersecurity risk management processes are an integral part of risk management at Baker Hughes. The Board appreciates the rapidly evolving nature of threats presented by cybersecurity incidents and is committed to the