SLB Shareholders Approve All Proposals at 2025 Annual Meeting
Schlumberger Limited (NYSE: SLB) today announced the results of its 2025 Annual General Meeting of Shareholders held on April 2. All director nominees were elected and each of the five proposals presented to shareholders received majority approval.
Highlights from the meeting include:
- Election of Directors: All nine director nominees were elected, including CEO Olivier Le Peuch and board members such as Jeff Sheets and Vanitha Narayanan.
- Executive Compensation: Shareholders approved SLB’s executive compensation plan on an advisory basis, with approximately 94.5% of votes cast in favor.
- **Financial Statements and Dividends**: SLB’s 2024 financial statements and the Board’s declared dividends were approved with approximately 99.7% support.
- Auditor Appointment: PricewaterhouseCoopers LLP was ratified as SLB’s independent auditor for 2025, receiving 92.4% support.
- Stock Purchase Plan: The amended and restated SLB Discounted Stock Purchase Plan was approved with approximately 99.5% of votes cast in favor.
The full voting results are detailed in SLB’s Form 8-K filed with the U.S. Securities and Exchange Commission.
2025-04-03
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