SCHLUMBERGER LIMITED/NV

Schlumberger N.V. (Schlumberger Limited) is a global technology company headquartered in Paris, France, with executive offices in Paris, Houston, London, and The Hague. The company, which was founded in 1926, operates in more than 100 countries and has approximately 111,000 employees. Schlumberger is a leading provider of technology and services to the energy industry, focusing on exploration, production, and production optimization. The company's business strategy is centered around three engines of growth: Core, Digital, and New Energy. The Core segment includes the Reservoir Performance, Well Construction, and Production Systems Divisions, which focus on optimizing oil and gas production with lower carbon emissions and less environmental impact. The Digital segment offers digital solutions and services to help customers manage data, improve operations, and reduce emissions. The New Energy segment focuses on developing technologies and businesses in areas such as carbon capture, hydrogen, geothermal and geoenergy, stationary energy storage, and critical minerals. Schlumberger's website is www.slb.com, and its ticker symbol is SLB on the New York Stock Exchange. The company's primary customers are national oil companies, large integrated oil companies, and independent operators. No single customer exceeded 10% of Schlumberger's consolidated revenue in 2023, 2022, and 2021. The company's business is organized into four Divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The Digital & Integration Division combines digital solutions and Asset Performance Solutions to help customers optimize their operations and reduce emissions. The Reservoir Performance Division offers reservoir-centric technologies and services to optimize reservoir productivity and performance. The Well Construction Division provides technologies and services to optimize well placement and performance, maximize drilling efficiency, and improve wellbore assurance. The Production Systems Division develops technologies and provides expertise to enhance production and recovery from subsurface reservoirs to the surface, into pipelines, and to refineries. SLB is committed to sustainability and has set a net-zero greenhouse gas emissions target for 2050, which includes all three emission scopes. The company's portfolio of Transition Technologies™ includes products and services that quantifiably reduce customers' GHG emissions footprint while continuing to drive high performance, reliability, and efficiency.