Baker Hughes Co — fact timeline

Baker Hughes Co shareholders approved Approval of the Second Amended and Restated Baker Hughes Company Employee Stock Purchase Plan (ESPP) at the 2026-05-19 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the approval of the ESPP was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 870,284,234 1,720,741 273,476 39,359,448”

Baker Hughes Co shareholders approved Approval of the Baker Hughes Company 2026 Long-Term Incentive Plan (2026 LTIP) at the 2026-05-19 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the approval of the 2026 LTIP was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 845,905,226 23,928,446 2,444,779 39,359,448”

Baker Hughes Co shareholders approved Ratification of KPMG LLP as the Company's independent registered public accounting firm for fiscal year 2026 at the 2026-05-19 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the ratification of KPMG LLP as the Company's independent registered public accounting firm for fiscal year 2026 was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 907,322,622 3,941,384 373,892 —”

Baker Hughes Co shareholders approved Advisory vote related to the Company's executive compensation program at the 2026-05-19 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the advisory vote related to the Company's executive compensation program was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 806,679,306 62,794,771 2,804,374 39,359,448”

Baker Hughes Co shareholders approved Election of ten members to the Board of Directors at the 2026-05-19 meeting.

“The number of votes for, against, abstentions and broker non-votes for the election of each director was as follows: Name Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes Abdulaziz M. Al Gudaimi 854,306,572 17,701,248 270,630 39,359,448 W. Geoffrey Beattie 842,468,610 29,540,471 269,370 39,359,448 Gregory D. Brenneman 843,547,304 28,465,424 265,723 39,359,448 Cynthia B. Carroll 833,103,858 38,922,232 252,361 39,359,448 Michael R. Dumais 787,613,327 82,469,395 2,195,728 39,359,448 Shirley A. Edwards 855,341,348 16,683,467 253,637 39,359,448 Ilham Kadri 860,289,867 11,720,056 268,527 39,359,448 John G. Rice 841,822,547 30,205,150 250,753 39,359,448 Lorenzo Simonelli 813,774,452 58,270,930 233,069 39,359,448 Mohsen M. Sohi 841,335,630 30,672,697 270,124 39,359,448”

Baker Hughes Co entered into USD Underwriting Agreement with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC valued at $500,000,000 aggregate principal amount of their 4.050% Senior Notes due 2029, $1,250,000,000 aggreg (effective 2026-03-05).

“On March 5, 2026, the Issuers entered into an underwriting agreement (the “USD Underwriting Agreement” and together with the EUR Underwriting Agreement, the “Underwriting Agreements”) by and among the Issuers, BHC and Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC, as representatives of the underwriters named therein”

Baker Hughes Co entered into EUR Underwriting Agreement with Goldman Sachs & Co. LLC, Morgan Stanley & Co. International plc, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, J.P. Morgan Securities plc valued at €600,000,000 aggregate principal amount of their 3.226% Senior Notes due 2030, €900,000,000 aggregat (effective 2026-03-05).

“On March 5, 2026, Baker Hughes Holdings LLC, an indirect, 100% owned subsidiary and the primary operating company of Baker Hughes Company (“BHH LLC”) and Baker Hughes Co-Obligor, Inc., a 100% owned finance subsidiary of BHH LLC (the “Co-Obligor,” and together with BHH LLC, the “Issuers”) entered into an underwriting agreement (the “EUR Underwriting Agreement”) by and among the Issuers, Baker Hughes Company (“BHC”) and Goldman Sachs & Co. LLC, Morgan Stanley & Co. International plc, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, J.P. Morgan Securities plc and the several other underwriters named therein”

Baker Hughes Co incurred term loan of $2.6 billion with Goldman Sachs Bank USA at Adjusted Term SOFR (being Term SOFR plus a credit spread adjustment of 10 bps), maturing 2 years from the date of funding.

“aggregate lending commitments of $2.6 billion for a senior, unsecured delayed draw term loan facility”

Ilham Kadri was elected as Director at Baker Hughes Co.

“On March 28, 2025, the Board elected Ilham Kadri to serve as a director of the Company with a term beginning on May 1, 2025.”

Lynn L. Elsenhans departed as Director at Baker Hughes Co.

“On March 28, 2025, Lynn L. Elsenhans informed Baker Hughes Company (the “Company”) that she will not stand for re-election at the Company’s upcoming 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”).”

Nancy Buese departed as Chief Financial Officer at Baker Hughes Co.

“Nancy Buese who, by mutual agreement with the Board, ceased to serve as Chief Financial Officer of the Company effective February 24, 2025”

Ahmed Moghal was appointed as Executive Vice President and Chief Financial Officer at Baker Hughes Co.

“the Board of Directors (the “Board”) of Baker Hughes Company (the “Company”) announced the appointment of Ahmed Moghal as Executive Vice President and Chief Financial Officer of the Company, effective February 24, 2025”

Shirley Edwards was elected as Director at Baker Hughes Co.

“On May 22, 2024, the Board of Directors (the “Board”) of Baker Hughes Company (the “Company”) elected Shirley Edwards to serve as a director of the Company with a term beginning on May 22, 2024.”

Baker Hughes Co shareholders approved Amendment and restatement of the Certificate of Incorporation to clarify and modernize the Charter (Modernization Proposal) at the 2024-05-13 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the Modernization Proposal was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 861,093,814 4,201,688 437,465 39,134,731”

Baker Hughes Co shareholders approved Amendment and restatement of the Certificate of Incorporation to add a federal forum selection provision (Federal Forum Proposal) at the 2024-05-13 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the Federal Forum Proposal was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 783,006,056 82,244,591 482,319 39,134,731”

Baker Hughes Co shareholders approved Amendment and restatement of the Certificate of Incorporation to limit the liability of certain officers (Officer Exculpation Proposal) at the 2024-05-13 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the Officer Exculpation Proposal was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 745,339,947 119,975,606 417,413 39,134,731”

Baker Hughes Co shareholders approved Ratification of KPMG LLP as the independent registered public accounting firm for fiscal year 2024 at the 2024-05-13 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the ratification of KPMG LLP as the Company's Independent Registered Public Accounting Firm for fiscal year 2024 was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 900,500,841 1,888,100 2,478,756 —”

Baker Hughes Co shareholders approved Advisory vote to approve the Company's executive compensation program at the 2024-05-13 meeting.

“The number of votes for, against, abstentions and broker non-votes with respect to the advisory vote related to the Company's executive compensation program was as follows: Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes 822,360,176 41,410,692 1,962,098 39,134,731”

Baker Hughes Co shareholders approved Election of nine members to the Board of Directors to serve for a one-year term at the 2024-05-13 meeting.

“The number of votes for, against, abstentions and broker non-votes for the election of each director was as follows: Name Number of Votes FOR Number of Votes AGAINST Abstain Votes Broker Non-Votes W. Geoffrey Beattie 788,682,278 76,072,236 978,452 39,134,731 Abdulaziz M. Al Gudaimi 857,751,587 7,575,873 405,507 39,134,731 Gregory D. Brenneman 862,583,770 2,752,269 396,927 39,134,731 Cynthia B. Carroll 841,801,440 23,537,450 394,076 39,134,731 Michael R. Dumais 789,521,952 75,230,463 980,551 39,134,731 Lynn L. Elsenhans 793,095,120 72,250,278 387,568 39,134,731 John G. Rice 860,566,190 4,773,457 393,319 39,134,731 Lorenzo Simonelli 815,900,738 49,470,819 361,410 39,134,731 Mohsen M. Sohi 862,001,675 3,328,689 402,603 39,134,731”

Baker Hughes Co reported the quarter ended March 31, 2024 results: revenue $6.4 billion, net income $455 million, EPS $0.45.

“(EX-99.1) --- Baker Hughes Company Announces First-Quarter 2024 Results First-quarter highlights • Orders of $6.5 billion, including $2.9 billion of IET orders. • Revenue of $6.4 billion, up 12% year-over-year. • Net income attributable to the Company of $455 million. • GAAP diluted EPS of $0.45 and adjusted diluted EPS* of $0.43. • Adjusted EBITDA* of $943”

Nelda J. Connors departed as Director at Baker Hughes Co.

“On March 21, 2024, Nelda J. Connors informed Baker Hughes Company (the “Company”) that she will not stand for re-election at the Company’s upcoming 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”).”

Baker Hughes Co reported financial results for the quarter and year ended December 31, 2023.

“On January 23, 2024, Baker Hughes Company (the “Company”) issued a news release announcing its financial results for the quarter and year ended December 31, 2023, a copy of which is furnished with this Form 8-K as Exhibit 99.1 and incorporated herein by reference.”

Abdulaziz M. Al Gudaimi was elected as director at Baker Hughes Co.

“elected Abdulaziz M. Al Gudaimi to serve as a director of the Company with a term beginning on January 1, 2024.”

Baker Hughes Co terminated 2019 Credit Agreement with JPMorgan Chase Bank, N.A. valued at Terminated $3,000,000,000 revolving credit facility (effective 2023-11-21).

“On November 21, 2023, in connection with BHH LLC’s entry into the New Credit Agreement, BHH LLC terminated its existing five-year committed $3.0 billion revolving credit agreement dated as of December 10, 2019 (the “2019 Credit Agreement”), among BHH LLC, certain lenders party thereto, and the Administrative Agent.”

Baker Hughes Co entered into New Credit Agreement with JPMorgan Chase Bank, N.A. valued at $3,000,000,000 revolving credit facility (effective 2023-11-21).

“On November 21, 2023, Baker Hughes Holdings LLC (“BHH LLC”), as borrower, and Baker Hughes Company (“BHC”), as parent guarantor, entered into a Credit Agreement (the “New Credit Agreement”) with JPMorgan Chase Bank, N.A. (the “Administrative Agent”), as administrative agent, and certain lenders party thereto for the provision of a revolving credit facility.”

Baker Hughes Co shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-16 meeting.

“the Company stockholders voted on, among other matters, an advisory proposal concerning the frequency of future advisory votes on executive compensation (the “Say on Pay Vote”). As reported in the Original 8-K, the stockholders voted for an annual advisory vote on the frequency of future Say on Pay Votes (the “Frequency Vote”).”

Baker Hughes Co shareholders approved Advisory vote on the frequency of holding an advisory vote on executive compensation at the 2023-05-16 meeting.

“The number of votes for one year, two years, three years, and withheld/abstentions with respect to the advisory vote on the frequency of holding an advisory vote on executive compensation was as follows: Number of Votes for ONE YEAR Number of Votes for TWO YEARS Number of Votes for THREE YEARS Withheld/Abstain Votes Broker Non-Votes 893,255,904 314,746 7,870,617 438,727 31,365,824”

Baker Hughes Co shareholders approved Ratification of KPMG LLP as the Company's independent registered public accounting firm for fiscal year 2023 at the 2023-05-16 meeting.

“The number of votes for, against, withheld/abstentions and broker non-votes with respect to the ratification of KPMG LLP as the Company's Independent Registered Public Accounting Firm for fiscal year 2023 was as follows: Number of Votes FOR Number of Votes AGAINST Withheld/Abstain Votes Broker Non-Votes 930,415,494 818,056 2,012,268 —”

Baker Hughes Co shareholders approved Advisory vote to approve the Company's executive compensation program at the 2023-05-16 meeting.

“The number of votes for, against, withheld/abstentions and broker non-votes with respect to the advisory vote related to the Company’s executive compensation program was as follows: Number of Votes FOR Number of Votes AGAINST Withheld/Abstain Votes Broker Non-Votes 791,646,352 108,566,680 1,666,962 31,365,824”

Baker Hughes Co shareholders approved Election of nine directors to serve for a one-year term at the 2023-05-16 meeting.

“The number of votes for, withheld/abstentions and broker non-votes for the election of each director was as follows: Name Number of Votes FOR Withheld/Abstain Votes Broker Non-Votes Lorenzo Simonelli 872,627,432 29,074,652 31,365,824 W. Geoffrey Beattie 887,610,631 14,269,364 31,365,824 Gregory D. Brenneman 895,929,679 5,950,316 31,365,824 Cynthia B. Carroll 867,437,214 34,442,781 31,365,824 Nelda J. Connors 863,020,664 38,859,331 31,365,824 Michael R. Dumais 890,567,763 11,312,232 31,365,824 Lynn L. Elsenhans 861,993,831 39,886,164 31,365,824 John G. Rice 897,685,911 4,194,084 31,365,824 Mohsen Sohi 880,267,953 21,612,042 31,365,824”

Kurt Camilleri changed role as Senior Vice President, Controller and Chief Accounting Officer at Baker Hughes Co.

“Kurt Camilleri who will be transitioning out of his current role of Senior Vice President, Controller and Chief Accounting Officer on the Effective Date and will assist with the transition of his duties to Ms. Charlton until his departure from the Company in the third quarter of 2023.”

Rebecca Charlton was appointed as Senior Vice President, Controller and Chief Accounting Officer at Baker Hughes Co.

“Rebecca Charlton has been appointed Senior Vice President, Controller and Chief Accounting Officer of the Company, with an anticipated effective date of June 1, 2023”

Rod Christie departed as EVP, Industrial & Energy Technology at Baker Hughes Co.

“Mr. Christie departed from the Company effective May 1, 2023.”

Baker Hughes Co reported the quarter ended March 31, 2023 results: revenue $5.7 billion, EPS $0.57.

“release. --- EX-99.1 (EX-99.1) --- Baker Hughes Company Announces First Quarter 2023 Results • Orders of $7.6 billion for the quarter, up 12% year-over-year. • Revenue of $5.7 billion for the quarter, up 18% year-over-year. • GAAP operating income of $438 million for the quarter, up $160 million year-over-year. • Adjusted operating income (a non-GAAP measure)”

Baker Hughes Co: Adopted fifth amended and restated bylaws to update for changes in Delaware General Corporate Law and implement edits related to Rule 14a-19 (effective 2023-01-25).

“On January 25, 2023, the Board adopted the fifth amended and restated bylaws of the Company (the “Fifth Amended and Restated Bylaws”), effective January 25, 2023, to update for changes in the Delaware General Corporate Law (the “DGCL”) and implement edits related to the new Rule 14a-19 under the Securities Act of 1934, as amended (“Rule 14a-19”).”

Dr. Mohsen M. Sohi was elected as Director at Baker Hughes Co.

“On January 25, 2023, the Board of Directors (the "Board") of Baker Hughes Company (the "Company") elected Dr. Mohsen M. Sohi to serve as a director of the Company, effective January 25, 2023, following the resignation of Gregory L. Ebel as previously disclosed in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on October 7, 2022.”

Baker Hughes Co reported financial results for the quarter and year ended December 31, 2022.

“On January 23, 2023, Baker Hughes Company (the “Company”) issued a news release announcing its financial results for the quarter and year ended December 31, 2022, a copy of which is furnished with this Form 8-K as Exhibit 99.1 and incorporated herein by reference.”

Rod Christie departed as EVP, Industrial & Energy Technology at Baker Hughes Co.

“Mr. Ramaswamy will succeed Rod Christie who will transition out of his current role as EVP, Industrial & Energy Technology effective January 16, 2023 and into an advisor role until he departs the Company in the second quarter of 2023.”

Ganesh Ramaswamy was appointed as EVP, Industrial & Energy Technology at Baker Hughes Co.

“On January 9, 2023, Baker Hughes Company (the “Company”) announced that effective January 16, 2023, Ganesh Ramaswamy will join the company as EVP, Industrial & Energy Technology.”

Baker Hughes Co terminated Tax Matters Agreement dated as of July 3, 2017, as amended with General Electric Company, Baker Hughes Holdings LLC, EHHC NewCo LLC valued at Termination of TMA effective as of date of Term Sheet (effective 2022-12-29).

“Once executed, the definitive agreements shall have an effective date as of the date of the Term Sheet. Except as otherwise provided in the Term Sheet, the TMA and any rights or obligations under the TMA terminated effective as of the date of the Term Sheet.”

Baker Hughes Co entered into Binding Term Sheet with General Electric Company, Baker Hughes Holdings LLC, EHHC NewCo LLC valued at Non-refundable payment of $21 million and settlement of claims under TMA (effective 2022-12-29).

“On December 29, 2022, Baker Hughes Company (“Baker Hughes”, “the Company”, “we”, or “our”), its operating subsidiary, Baker Hughes Holdings LLC (“BHH LLC”), General Electric Company (“GE”) and EHHC NewCo LLC, Delaware limited liability company and a wholly owned subsidiary of Baker Hughes (“NewCo LLC” and collectively, the “Parties”) entered into a binding term sheet (the “Term Sheet”).”

Neil Saunders departed as Executive Vice President – Oilfield Equipment at Baker Hughes Co.

“As previously disclosed by Baker Hughes Company (the “Company”), on September 6, 2022, as a result of the restructuring and simplifying of its organizational structure, Neil Saunders, Executive Vice President – Oilfield Equipment, will be departing the Company.”

Brian Worrell changed role as advisor at Baker Hughes Co.

“Brian Worrell, the Company’s former Chief Financial Officer, transitioned from his prior role as Chief Financial Officer on November 1, 2022, after which he has been serving as an advisor to the Company’s Chairman and Chief Executive Officer and he will serve in that role through April 30, 2023”

Brian Worrell changed role as Chief Financial Officer at Baker Hughes Co.

“Ms. Buese will succeed Brian Worrell who will be transitioning out of his current role of Chief Financial Officer effective November 2, 2022 and will serve as Advisor of the Company through Q2 2023.”

Nancy Buese was appointed as Chief Financial Officer at Baker Hughes Co.

“On October 19, 2022, Baker Hughes Company (the “Company”) announced that effective November 2, 2022, Nancy Buese has been appointed Chief Financial Officer of the Company.”

Greg Ebel resigned as Director at Baker Hughes Co.

“On October 3, 2022, in connection with Greg Ebel’s announced appointment as President and Chief Executive Officer of Enbridge, Mr. Ebel notified the Baker Hughes Company Board of Directors (the "Board") of his intention to resign from the Board.”

Neil Saunders departed as other_named_officer at Baker Hughes Co.

“In connection with today’s announcement of Baker Hughes Company’s (the “Company”) restructuring and simplifying of its organizational structure, Neil Saunders will be departing the Company.”

Clarence P. Cazalot retired as Director at Baker Hughes Co.

“On March 30, 2022, Mr. Clarence P. Cazalot informed the Company of his decision to retire and not stand for re-election to the Board of Directors of Baker Hughes Company (the “Company”) when his term expires at the Company’s 2022 Annual Meeting of Shareholders currently scheduled to be held on May 17, 2022.”

Uwem Ukpong departed as Executive Vice President, Regions, Alliances and Enterprise Sales at Baker Hughes Co.

“Uwem Ukpong, Executive Vice President, Regions, Alliances and Enterprise Sales of Baker Hughes Company (the “Company”), will depart from the Company effective January 31, 2022 (“Separation Date”).”

Michael R. Dumais was elected as Director at Baker Hughes Co.

“On November 12, 2021, the Board of Directors (the "Board") of Baker Hughes Company (the "Company") elected Michael R. Dumais to serve as a director of the Company.”