Weatherford International plc — fact timeline

Weatherford International plc shareholders approved Authorization to allot and issue new ordinary shares to Weatherford-US in connection with the Scheme at the 2026-06-11 meeting.

“10. The shareholders voted as follows to authorize the directors of Weatherford-Ireland to allot and issue new Weatherford-Ireland ordinary shares to Weatherford-US and/or its nominee(s) in an amount equal to the number of Weatherford-Ireland ordinary shares cancelled in connection with the Scheme of Arrangement and the application of the reserve cre”

Weatherford International plc shareholders rejected Approval of terms of initial subscription, allotment and issue of ordinary shares to Weatherford-US in connection with the Scheme at the 2026-06-11 meeting.

“9. The shareholders did not vote to approve the terms of an initial subscription, allotment and issue of one, or more, Weatherford-Ireland ordinary shares to Weatherford-US in connection with the Scheme of Arrangement. For Against Abstain Broker Non-Votes 41,870,302 22,850,999 37,472 2,445,655”

Weatherford International plc shareholders rejected Approval of capital reduction to cancel ordinary shares under the Scheme of Arrangement at the 2026-06-11 meeting.

“8. The shareholders did not vote to approve a capital reduction under sections 84 to 86 of the Companies Act to effect the cancellation of Weatherford-Ireland ordinary shares contemplated by the Scheme of Arrangement. For Against Abstain Broker Non-Votes 41,338,423 23,395,869 24,481 2,445,655”

Weatherford International plc shareholders rejected Approval of Scheme of Arrangement to redomesticate from Ireland to Texas at the 2026-06-11 meeting.

“7. The shareholders voted as follows to approve the Scheme of Arrangement by, and on behalf of, the Company, and to authorize the directors of the Company to take all such actions as they consider necessary or appropriate to carry the Scheme of Arrangement into effect. For Against Abstain Broker Non-Votes 39,473,706 25,247,441 37,626 2,445,655”

Weatherford International plc shareholders approved Grant of authority to Board to opt-out of statutory preemption rights under Irish law at the 2026-06-11 meeting.

“6. The shareholders voted as follows to grant the Board of Directors the authority to opt-out of statutory preemption rights under Irish law. For Against Abstain Broker Non-Votes 64,317,149 417,018 24,606 2,445,655”

Weatherford International plc shareholders approved Grant of authority to Board to issue shares under Irish law at the 2026-06-11 meeting.

“5. The shareholders voted as follows to grant the Board of Directors the authority to issue shares under Irish law. For Against Abstain Broker Non-Votes 64,464,463 272,433 21,877 2,445,655”

Weatherford International plc shareholders approved Non-binding advisory vote to approve compensation of named executive officers at the 2026-06-11 meeting.

“3. The shareholders voted as follows to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Votes 64,080,857 506,631 171,285 2,445,655”

Weatherford International plc shareholders approved Ratify appointment of KPMG LLP as independent auditor and KPMG Chartered Accountants as statutory auditor, and authorize Audit Committee to determine auditor remuneration at the 2026-06-11 meeting.

“2. The shareholders voted as follows to: (a) ratify the appointment of (i) KPMG LLP as the Company’s independent registered public accounting firm and auditor for the financial year ending December 31, 2026 and (ii) KPMG Chartered Accountants, Dublin, as the Company’s statutory auditor under Irish law to hold office until the close of the Company’s 2027 Annual General Meeting of the Shareholders; and (b) authorize the Board of Directors of the Company, acting through the Audit Committee, to determine the auditors’ remuneration. For Against Abstain Broker Non-Votes 66,727,562 453,263 23,603 —”

Weatherford International plc shareholders approved Election of six director nominees to serve a one-year term at the 2026-06-11 meeting.

“1. The shareholders voted as follows to elect each of the six director nominees to serve a one-year term that is anticipated to expire at the Company’s 2027 Annual General Meeting of the Shareholders.”

Weatherford International plc shareholders approved To approve the Weatherford International plc 2026 Equity Incentive Plan at the 2026-06-11 meeting.

“4. The shareholders voted as follows to approve the Plan. For Against Abstain Broker Non-Votes 60,282,187 4,435,782 40,804 2,445,655”

Weatherford International plc issued up to a total of 818,604 Ordinary Shares of common stock to Advent-NCS Acquisition L.P..

“Pursuant to the terms and subject to the conditions set forth in the Merger Agreement, upon consummation of the Merger, Advent, depending on whether it elects all stock or a mix of cash and stock, could receive up to a total of 818,604 Ordinary Shares.”

Weatherford International plc reported first quarter ended March 31, 2026 results: revenue $1,152 million, net income $108 million.

“in the investor relations section of the Company’s website. --- EX-99.1 (EX-99.1) --- News Release Weatherford Announces First Quarter 2026 Results • First quarter revenue of $1,152 million decreased 3% year-over-year • First quarter operating income of $123 million decreased 13% year-over-year • First quarter net income of $108 million increased 42% year-over-year;”

Weatherford International plc incurred senior notes of $1,200 million at 6.750% per annum maturing October 15, 2033.

“On October 6, 2025, Weatherford International Ltd. (the “Issuer”), a wholly owned subsidiary of Weatherford International plc (the “Weatherford”), issued $1,200 million in aggregate principal amount of 6.750% Senior Notes due 2033 (the “Notes”) in a private offering at an offering price of 100% of the principal amount thereof (the “Notes Offering”).”

Weatherford International plc amended credit facility of increased the Aggregate Commitments under the Credit Agreement from $720 million to $1 billion, comprised of a $600 mill with Wells Fargo Bank, National Association maturing extended the Maturity Date under the Credit Agreement to the earlier of (a) September 18, 2030 and (b) to the extent that more than $200 million of Senior Notes.

“On September 18, 2025, the Borrowers, Weatherford, the other Obligors party thereto, the lenders party thereto and the Administrative Agent entered into the Tenth Amendment to the Credit Agreement (the “Tenth Amendment”), which, among other things, (i) increased the Aggregate Commitments under the Credit Agreement from $720 million to $1 billion, comprised of a $600 million revolver tranche and a $400 million performance letters of credit tranche and (ii) extended the Maturity Date under the Credit Agreement to the earlier of (a) September 18, 2030 and (b) to the extent that more than $200 million of Senior Notes or Permitted Refinancing Indebtedness in respect thereof is outstanding on such date, the date that is 91 days prior to the stated maturity date of the Senior Notes or any Permitted Refinancing Indebtedness in respect thereof”

Arunava Mitra departed as Executive Vice President and Chief Financial Officer at Weatherford International plc.

“In conjunction with the appointment of Mr. Dhruv, Arunava Mitra has left Weatherford effective April 21, 2025 and has ceased to serve as its Executive Vice President and Chief Financial Officer.”

Anuj Dhruv was appointed as Executive Vice President and Chief Financial Officer at Weatherford International plc.

“On April 22, 2025, Weatherford International plc (the “Company”) announced the appointment of Anuj Dhruv, 43, to serve as the Company’s Executive Vice President and Chief Financial Officer, effective April 21, 2025.”

Steven Beringhause was appointed as Director at Weatherford International plc.

“On July 23, 2024, the Board increased the size of the Board to six directors and appointed Steven Beringhause to fill the resulting vacancy.”

Weatherford International plc reported the first quarter ended March 31, 2024 results: revenue $1,358 million, net income $112 million. Guidance raised.

“ews Release Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance • First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21% • First quarter operating income of $233 million increased 26% year-over-year • First quarter net income of $112 million, an 8.2% margin, increased 56% year-over-year • First quarter adjusted EBITDA* of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-year • Cash provided by operating activities of $131 million, and adjusted free cash flow* of $82 million • Debt repayments of $167 million on our 6.50% Senior Secured Notes in the first quarter of 2024 • Issued notice to redeem the remaining $82 million of our 6.5% Senior Secured Notes, leaving only the $1.6 billion long term notes due 2030 outstanding thereafter • Expanded the si”

Weatherford International plc reported the fiscal year ended December 31, 2023 results: revenue $5,135 million, net income $417 million.

“Weatherford Announces Fourth Quarter and Full Year 2023 Results • Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior year, driven by international revenue growth of 26% • Fourth quarter operating income of $216 million decreased 1% sequentially and increased 28%”

Weatherford International plc reported the fourth quarter ended December 31, 2023 results: revenue $1,362 million, net income $140 million.

“EARNINGS RELEASE) --- Q4 2023 EARNINGS RELEASE Document Exhibit 99.1 News Release Weatherford Announces Fourth Quarter and Full Year 2023 Results • Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior year, driven by international revenue growth of 26% • Fourth”

Joseph H. Mongrain departed as Chief People Officer at Weatherford International plc.

“The Company today announced the departure of Charles “Chuck” W. Davison, Jr., Executive Vice President and Chief Fulfillment and Enterprise Infrastructure Officer, and Joseph H. Mongrain, Chief People Officer, each to be effective on February 6, 2024.”

Charles "Chuck" W. Davison, Jr. departed as Executive Vice President and Chief Fulfillment and Enterprise Infrastructure Officer at Weatherford International plc.

“The Company today announced the departure of Charles “Chuck” W. Davison, Jr., Executive Vice President and Chief Fulfillment and Enterprise Infrastructure Officer, and Joseph H. Mongrain, Chief People Officer, each to be effective on February 6, 2024.”

Weatherford International plc reported the third quarter ended September 30, 2023 results: revenue $1,313 million, net income $123 million. Guidance raised.

“Revenues of $1,313 million increased 3% sequentially and 17% year-over-year”

Weatherford International plc amended revolving credit of $550 million revolving credit facility with Wells Fargo Bank, National Association at Adjusted Term SOFR plus an applicable margin of 225-375 basis points per annum maturing October 24, 2028.

“On October 24, 2023 (the “Amendment Effective Date”), the Borrowers, Weatherford, each other Obligor, the lenders party thereto and the Administrative Agent entered into the Fourth Amendment to Amended and Restated Credit Agreement (the “Fourth Amendment”), which, among other things, increases the aggregate commitments under the revolving credit facility such that the Amended and Restated Credit Agreement provides for a $550 million revolving credit facility”

Weatherford International plc reported the second quarter ended June 30, 2023 results: revenue $1,274 million, net income $82 million. Guidance raised.

“News Release Weatherford Announces Second Quarter 2023 Results and Raises Full-Year Outlook • Revenues of $1,274 million increased 7% sequentially, driven by international revenue growth of 12% • Operating income of $201 million increased 9% sequentially • Net income of $82 million increased $10 million sequentially; net income margin of 6.4%”

Weatherford International plc shareholders approved Nonbinding advisory vote to approve the compensation of the Company's named executive officers at the 2023-06-15 meeting.

“For Against Abstaining Broker Non-Votes 56,549,429 780,480 1,236,740 3,602,495”

Weatherford International plc shareholders approved Ratify the appointment of KPMG LLP as independent registered public accounting firm and KPMG Chartered Accountants as statutory auditor, and authorize the Board to determine auditors' remuneration at the 2023-06-15 meeting.

“For Against Abstaining Broker Non-Votes 61,340,555 114,623 713,966 —”

Weatherford International plc shareholders approved Election of five nominees to serve a one-year term at the 2023-06-15 meeting.

“Name of Director For Against Abstaining Broker Non-Votes Benjamin C. Duster, IV 54,732,994 3,243,411 590,244 3,602,495 Neal P. Goldman 40,719,135 17,257,145 590,369 3,602,495 Jacqueline C. Mutschler 55,114,800 2,861,658 590,191 3,602,495 Girishchandra K. Saligram 57,868,403 108,053 590,193 3,602,495 Charles M. Sledge 57,027,686 915,733 623,230 3,602,495”

Weatherford International plc reported the first quarter ended March 31, 2023 results: revenue $1,186 million, net income $72 million.

“• Revenues of $1,186 million increased 26% year-over-year • Operating income of $185 million increased 928% year-over-year • Net income of $72 million increased 190% year-over-year; net income margin of 6.1%”

Weatherford International plc amended Second Supplemental Indenture with Wilmington Trust, National Association (effective 2023-04-19).

“Because the consents of the holders of a majority in aggregate principal amount of outstanding Notes were received as of April 19, 2023, WIL-Bermuda entered into a supplemental indenture to the Indenture (the “Second Supplemental Indenture”) with Weatherford, Weatherford Delaware, the Trustee and the Collateral Agent.”

Weatherford International plc amended credit facility with Wells Fargo Bank, National Association.

“On March 24, 2023, the Borrowers, the Company and the Administrative Agent entered into the Third Amendment to Amended and Restated Credit Agreement (the “Third Amendment”), which permits unlimited prepayments and other Redemptions of indebtedness (which previously was limited to $500,000,000), subject to (i) the ratio of funded debt (net of unrestricted cash in excess of $400 million) to consolidated adjusted EBITDA not exceeding 2.50 to 1.00, (ii) no Default or Event of Default existing and (iii) Aggregate Liquidity equaling or exceeding $300,000,000 (which previously was $350,000,000).”

Weatherford International plc reported the fourth quarter and full year ended December 31, 2022 results: revenue $1,209 million, net income $72 million. Guidance reaffirmed.

“section of the Company’s website. --- EX-99.1 (EX-99.1) --- News Release Weatherford Announces Fourth Quarter and Full Year 2022 Results • Fourth quarter revenues of $1,209 million, increased 8% sequentially and 25% year-over-year; full year revenues of $4,331 million, increased 19% from prior year, the highest growth rate in over 10 years • Fourth quarter”

Arunava Mitra was appointed as Chief Financial Officer at Weatherford International plc.

“Mr. Mitra joined the Company on January 3, 2023 and his compensation was established at that time so is unchanged.”

Arunava Mitra was appointed as Executive Vice President and Chief Financial Officer at Weatherford International plc.

“the appointment of Arunava Mitra, 50, to serve as the Company’s Executive Vice President and Chief Financial Officer, effective January 3, 2023.”

Weatherford International plc amended Supplemental Indenture with Deutsche Bank Trust Company Americas (effective 2022-12-01).

“On December 1, 2022, Weatherford International, LLC (“WIL-Delaware”), Weatherford International plc (the “Company”), as parent guarantor, Weatherford International Ltd. (the “WIL-Bermuda”), as issuer, and Deutsche Bank Trust Company Americas, as trustee (together with WIL-Delaware, the Company and WIL-Bermuda, the “Parties”), entered into a supplemental indenture (the “Supplemental Indenture”)”

Weatherford International plc incurred revolving credit of $30 million incremental increase.

“On November 22, 2022, the Borrowers and the Company exercised a $30 million incremental increase (the “Commitment Increase”) to the Borrowers’ revolving credit facility (resulting in an aggregate credit facility size of $400 million) by entering into an additional lender supplement to the Amended and Restated Credit Agreement (the “Lender Joinder Agreement”) with an additional lender and the Administrative Agent”

Desmond J. Mills was appointed as Chief Financial Officer (interim) at Weatherford International plc.

“on July 25, 2022, the Board determined that effective August 1, 2022, Desmond J. Mills, Senior Vice President and Chief Accounting Officer, will assume the role of Chief Financial Officer and principal financial officer on an interim basis.”

H. Keith Jennings departed as Executive Vice President and Chief Financial Officer at Weatherford International plc.

“H. Keith Jennings, our Executive Vice President and Chief Financial Officer, will be leaving Weatherford effective July 31, 2022.”

H. Keith Jennings departed as Executive Vice President and Chief Financial Officer at Weatherford International plc.

“H. Keith Jennings, its Executive Vice President and Chief Financial Officer, will be leaving Weatherford effective July 31, 2022.”