Pay vs. Performance Comparison

As discussed in the CD&A above, our Compensation Committee has implemented an executive compensation program designed to link a substantial portion of our NEOs’ realized compensation to the achievement of SLB’s financial, operational, and strategic objectives, and to align our executive pay with changes in the value of our shareholders’ investments. The following table sets forth additional compensation information for our NEOs, calculated in accordance with SEC regulations, for fiscal years 2022, 2021 and 2020.

									Value of Initial Fixed $100 Investment Based on:			(Stated in millions)
Name	Summary Compensation Table Total for CEO ($)	⁽¹⁾	Compensation Actually Paid to CEO ($)	⁽²⁾	Average Summary Compensation Table Total for Non-CEO NEOs ($)	⁽³⁾	Average Compensation Actually Paid to Non-CEO NEOs ($)	⁽²⁾⁽³⁾	Total Shareholder Return	Peer Group Total Shareholder Return	⁽⁴⁾	Net Income (Loss) ($)	Adjusted EBITDA ($)	⁽⁵⁾
2022	15,713,757		39,478,899		5,087,891		17,341,223		$142.09	$146.82		3,492	6,462
2021	16,795,502		32,392,156		6,353,971		13,116,171		$78.43	$82.83		1,928	4,925
2020	5,650,084		(10,610,514)		6,081,217		2,190,708		$56.19	$63.45		(10,486)	4,313

(1)	The dollar amounts reported are the amounts of total compensation reported for our CEO, Mr. Le Peuch, in the Summary Compensation Table for fiscal years 2022, 2021 and 2020. Mr. Le Peuch served as CEO for each of the years presented.
(2)	The dollar amounts reported represent the amount of “compensation actually paid”, as computed in accordance with SEC rules. The dollar amounts do not reflect the actual amounts of compensation paid to our CEO or other NEOs during the applicable year, but also include (i) the year-end value of equity awards granted during the reported year, (ii) the change in the value of equity awards that were unvested at the end of the prior year, measured through the date the awards vested or were forfeited, or through the end of the reported fiscal year, and (iii) certain pension-related costs.
(3)	For 2022, reflects compensation information for our NEOs, other than our CEO, as described in the CD&A of this proxy statement. For 2021, reflects compensation information for Mr. Al Mogharbel, Mr. Belani, and Mr. Biguet, as well as Hinda Gharbi, SLB’s former EVP, Services and Equipment. For 2020, reflects compensation information for Mr. Al Mogharbel, Mr. Belani, and Mr. Biguet, as well as Ms. Gharbi and Simon Ayat, SLB’s former EVP and Chief Financial Officer.
(4)	Reflects cumulative total shareholder return of the Philadelphia Oil Services Sector (OSX) index, as of December 31, 2022, weighted according to the constituent companies’ market capitalization at the beginning of each period for which a return is indicated. The OSX is the peer group used by SLB for purposes of Item 201(e) of Regulation S-K under the Exchange Act in SLB’s Annual Report on Form 10-K for the year ended December 31, 2022.
(5)	Adjusted EBITDA represents income before taxes, excluding charges and credits, depreciation and amortization, interest expense, and interest income. For a reconciliation of net income attributable to SLB on a GAAP basis to adjusted EBITDA, see Appendix A.

Named Executive Officers, Footnote [Text Block]

(3)For 2022, reflects compensation information for our NEOs, other than our CEO, as described in the CD&A of this proxy statement. For 2021, reflects compensation information for Mr. Al Mogharbel, Mr. Belani, and Mr. Biguet, as well as Hinda Gharbi, SLB’s former EVP, Services and Equipment. For 2020, reflects compensation information for Mr. Al Mogharbel, Mr. Belani, and Mr. Biguet, as well as Ms. Gharbi and Simon Ayat, SLB’s former EVP and Chief Financial Officer.

PEO Actually Paid Compensation Amount

^[3]

39,478,899

32,392,156

(10,610,514)

Non-PEO NEO Average Total Compensation Amount

^[4]

5,087,891

6,353,971

6,081,217

Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

To calculate the amounts in the “Average Compensation Actually Paid to Non-CEO NEOs” column in the table above, the following amounts were deducted from and added to (as applicable) the average of the “Total” compensation of our non-CEO named executive officers for each applicable year, as reported in the SCT for that year:

Year	Average Summary Compensation Table Total for Non-CEO NEOs ($)	Average Reported Value of Equity Awards for Non-CEO NEOs ($)	⁽¹⁾	Average Equity Award Adjustments for Non-CEO NEOs ($)	⁽²⁾	Average Reported Change in the Actuarial Present Value of Pension Benefits for Non- CEO NEOs ($)	⁽³⁾	Average Pension Benefit Adjustments for Non-CEO NEOs ($)	⁽⁴⁾	Average Compensation Actually Paid to Non-CEO NEOs ($)
2022	5,087,891	(3,459,992)		15,684,764		(72,206)		100,764		17,341,223
2021	6,353,971	(3,449,891)		10,304,511		(257,982)		165,563		13,116,171
2020	6,081,217	(3,403,834)		297,042		(889,632)		105,915		2,190,708

(1)	Represents the average of the grant date fair value of the equity awards to our named executive officers (other than our CEO), as reported in the “Stock Awards” column in the SCT for each applicable year.
(2)	Represents the average of the year-over-year change in the fair value of equity awards to our named executive officers (other than our CEO), as itemized in the table below. No awards vested in the year they were granted.

Fair Value of Equity Awards for Non-CEO NEOs	2022 ($)	2021 ($)	2020 ($)
As of year-end for awards granted during the year	5,797,937	5,637,984	4,258,414
Year-over-year increase (decrease) of unvested awards granted in prior years	8,699,829	4,543,201	(3,520,367)
Increase (decrease) from prior fiscal year-end for awards that vested during the year	1,186,999	123,326	(441,004)
Total Equity Award Adjustments	15,684,764	10,304,511	297,042

(3)	Represents the average change in the actuarial present value of the accumulated benefits to our named executive officers (other than our CEO), under all benefit and actuarial pension plans in which they participate, as reported in the “Change in Pension Value & Nonqualified Deferred Compensation Earnings” column in the SCT for each applicable year.
(4)	Represents the average of the actuarially determined service cost for services rendered under all benefit and actuarial pension plans in which our named executive officers (other than our CEO) participate during each applicable year.

Compensation Actually Paid vs. Net Income [Text Block]

CAP vs. Net Income

Total Shareholder Return Vs Peer Group [Text Block]

The charts on the following page reflect that the CAP over the three-year period ended December 31, 2022 aligns to trends in SLB’s TSR, net income and adjusted EBITDA results over the same period. In addition, the chart titled “CAP vs. Total Shareholder Return (SLB and OSX)” reflects that SLB’s TSR over this three-year period aligns closely to OSX TSR over the same period. In 2020, the negative CAP for Mr. Le Peuch was primarily impacted by the fact that he did not receive an LTI award that year, as well as stock price depreciation. In 2021, CAP for our CEO and other NEOs was primarily impacted by SLB’s share price appreciation of 43%. For 2022, CAP for our CEO and other NEOs was primarily impacted by SLB’s share price appreciation of 70%, partially offset by performance of unvested PSUs.