8-K/ALeadership Changes

SLB LIMITED/NV 8-K/A Report, Executive Changes (Jan 25, 2021)

Filed January 25, 2021For Securities:SLB

Summary

This 8-K/A filing from SLB LIMITED/NV (SLB) is an amendment to a previous report filed on October 19, 2020. The amendment clarifies the committee appointments for Ms. Maria Moræus Hanssen, who was previously appointed to the Board of Directors. Investors should note that Ms. Moræus Hanssen has now been appointed to both the Nominating and Governance Committee and the Compensation Committee of the Board. The company has also confirmed that Ms. Moræus Hanssen meets the necessary independence requirements for serving on these committees, as stipulated by the New York Stock Exchange and federal securities laws. Furthermore, the Board has determined that Ms. Moræus Hanssen and her immediate family do not have any material interest in any transactions requiring disclosure under Item 404(a) of Regulation S-K, indicating no potential conflicts of interest arising from her directorship.

Key Highlights

  • 1Amendment to prior 8-K filing regarding Board of Directors appointments.
  • 2Ms. Maria Moræus Hanssen appointed to the Nominating and Governance Committee.
  • 3Ms. Maria Moræus Hanssen appointed to the Compensation Committee.
  • 4Ms. Moræus Hanssen meets independence requirements for committee service.
  • 5No material interest in disclosable transactions identified for Ms. Moræus Hanssen.
  • 6Confirmation of compliance with NYSE and SEC regulations for committee appointments.

Frequently Asked Questions

This filing is an amendment to a previous 8-K report to provide updated information regarding the committee assignments of Ms. Maria Moræus Hanssen, a newly appointed member of SLB's Board of Directors.

Ms. Moræus Hanssen has been appointed to the Board's Nominating and Governance Committee and its Compensation Committee.

The Board has determined that Ms. Moræus Hanssen and her immediate family do not have a material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K, indicating no conflicts of interest.

Yes, the Board has determined that Ms. Moræus Hanssen satisfies the applicable independence requirements for serving on the Nominating and Governance Committee and the Compensation Committee, including those mandated by the New York Stock Exchange and the Securities Exchange Act of 1934.