Helix Energy adopts mandatory clawback policy for incentive compensation

HELIX ENERGY SOLUTIONS GROUP INC

Board adopted Mandatory Recoupment Policy on September 18, 2023, effective immediately.
Policy requires recovery of erroneously awarded incentive-based compensation from Section 16 officers after a financial restatement.
Lookback period covers three completed fiscal years prior to the restatement date.
Supersedes prior Incentive Award Recoupment Policy adopted December 2019.
Company cannot indemnify or insure any officer against recouped amounts.

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