8-KShareholder Matters

SLB LIMITED/NV 8-K Report, Shareholder Vote Results (Apr 6, 2022)

Filed April 6, 2022For Securities:SLB

Summary

SLB Limited/NV (SLB) filed an 8-K on April 6, 2022, reporting the outcomes of its 2022 Annual General Meeting of Stockholders held on April 5, 2022. The meeting addressed several key proposals, all of which received overwhelming support from shareholders. Notably, all eleven director nominees were elected, and the company's executive compensation plan was approved on an advisory basis with approximately 95.4% of the votes cast in favor. Further, shareholders overwhelmingly approved the company's consolidated financial statements for the year ended December 31, 2021, and the dividends declared in 2021, with nearly unanimous support (99.8%). The appointment of PricewaterhouseCoopers LLP as the independent auditor for 2022 was also ratified with strong backing, receiving 92.2% of the votes cast. These results indicate strong shareholder confidence in the company's leadership, financial reporting, and auditor selection.

Key Highlights

  • 1All eleven director nominees were successfully elected at the Annual Meeting.
  • 2Executive compensation was approved on an advisory basis with a strong 95.4% of votes cast in favor.
  • 3Shareholders overwhelmingly approved the 2021 financial statements and 2021 dividend declarations with 99.8% of votes cast in favor.
  • 4The appointment of PricewaterhouseCoopers LLP as the independent auditor for 2022 was ratified with 92.2% of votes cast in favor.
  • 5The filing confirms that all presented proposals at the Annual General Meeting received substantial shareholder approval.

Frequently Asked Questions

This 8-K filing was made to report the results of SLB's 2022 Annual General Meeting of Stockholders. It details the voting outcomes on key proposals, including the election of directors, executive compensation, financial statements, and the ratification of the independent auditor.

Yes, all eleven director nominees presented at the Annual Meeting were elected by the shareholders.

The proposal to approve Schlumberger's executive compensation on an advisory basis received strong support, with approximately 95.4% of the votes cast voting in favor.

Shareholders showed very high confidence in the company's financial reporting and oversight, approving the 2021 financial statements and dividend declarations with 99.8% of votes cast in favor, and ratifying the appointment of PricewaterhouseCoopers LLP as auditor with 92.2% of votes cast in favor.