SLB Limited/NV Reports 2026 Annual Meeting Results: All Proposals Approved by Shareholders

HOUSTON, TX, April 8, 2026 – SLB Limited/NV (NYSE: SLB), a global leader in oilfield services, today announced the results of its 2026 Annual General Meeting of Shareholders. The meeting, held on April 8, 2026, saw all director nominees elected and all management proposals approved by significant margins.

Key Points from the Report

• All nine director nominees elected.
• Executive compensation approved with overwhelming support (95.2% of votes cast in favor).
• 2025 financial statements and dividend declarations approved (99.8% of votes cast in favor).
• Appointment of PricewaterhouseCoopers LLP as independent auditors for 2026 ratified (92.8% of votes cast in favor).
• Amendment and restatement of the 2017 SLB Omnibus Stock Incentive Plan approved (97.6% of votes cast in favor).

Details of the Voting Results

1. Election of Directors

All nine director nominees were elected to the Board. For example, Peter Coleman received 41,415,422 votes for, 677,728 against, and 122,827,419 broker non-votes. Other directors received similar strong support.

2. Advisory Approval of Executive Compensation (“Say on Pay”)

• For: 1,099,549,860
• Against: 55,289,610
• Abstain: 10,721,023
• Broker Non-Votes: 122,827,419

The advisory resolution on executive compensation passed with 95.2% of votes cast in favor, reflecting strong shareholder endorsement of SLB’s pay practices.

3. Approval of 2025 Financial Statements and Dividend Declarations

• For: 1,283,629,554
• Against: 2,350,284
• Abstain: 2,408,074
• Broker Non-Votes: None

Shareholders almost unanimously approved the company’s consolidated balance sheet at December 31, 2025, the consolidated statement of income for the year ended December 31, 2025, and the declarations of dividends by the Board during 2025.

4. Ratification of PricewaterhouseCoopers LLP as Independent Auditors for 2026

• For: 1,194,714,274
• Against: 92,853,324
• Abstain: 820,313
• Broker Non-Votes: None

The ratification of PricewaterhouseCoopers LLP as SLB’s independent auditors for 2026 was approved by 92.8% of votes cast.

5. Approval of the Amended and Restated 2017 SLB Omnibus Stock Incentive Plan

• For: 1,133,946,011
• Against: 28,198,232
• Abstain: 3,417,938
• Broker Non-Votes: 122,825,731

The amendment and restatement of the 2017 Omnibus Stock Incentive Plan was approved, ensuring continued flexibility for granting equity awards to employees and directors, which is a key tool for retaining and incentivizing talent.

Important Considerations for Shareholders

• Strong Shareholder Support: The overwhelming approval of all proposals, especially the “Say on Pay” and equity plan, signals shareholder confidence in the company’s leadership, governance, and long-term strategy.
• Board and Auditor Stability: Continuity in the Board of Directors and the reaffirmation of PricewaterhouseCoopers as auditors is likely to be seen as a positive for governance and financial oversight.
• Compensation and Equity Plan: Approval of the compensation and equity plan proposals ensures SLB can continue to attract and retain top talent, which may support long-term growth and stability.

Potential Price-Sensitive Information

• No contentious proposals or surprises: All resolutions passed with substantial majorities, indicating a lack of controversy and potential for continued stable corporate governance.
• Ongoing dividend policy and financial reporting: The approval of the financials and dividend declarations may reassure investors about ongoing capital returns and the company’s financial health.

Conclusion

The 2026 Annual Meeting results reflect a strong endorsement of SLB Limited/NV’s management, board, and strategy by its shareholders. The company’s ability to smoothly pass all critical proposals, especially regarding executive compensation and the Omnibus Stock Incentive Plan, may be seen as a vote of confidence in future leadership and governance. Investors may interpret these developments as positive, supporting share value stability or upside, barring any macroeconomic or sector-specific headwinds.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult their own advisors before making investment decisions. The information above is based on filings and public disclosures as of April 8, 2026, and may be subject to change.

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