Halliburton

Election of Directors Bhavesh V. Patel was elected as a member of our Board of Directors effective February 17, 2021. Mr. Patel is the Chief Executive Officer and a director of LyondellBasell Industries N.V. He also serves on the Board of Federal Reserve Bank of Dallas Houston Branch, the Greater Houston Partnership, and, until his term expires in May of 2021, as a director of Union Pacific Corporation. There is no arrangement or understanding between Mr. Patel and any other persons pursuant to which Mr. Patel was elected as a Director. The Board will appoint Mr. Patel to Committees of the Board in May. There are no related party transactions between us and Mr. Patel. Mr. Patel will participate in the compensation arrangements for non-management Directors as described in our Proxy Statement filed April 7, 2020. Mr.

On May 19, 2020, Halliburton held its Annual Meeting of Shareholders. At the Annual Meeting, shareholders approved the Halliburton Company Stock and Incentive Plan, as amended and restated effective February 11, 2020, to increase the number of common shares of the company available for issuance under the Plan by 16 million shares and to add net operating profit after taxes and asset turns as potential performance criteria with respect to performance awards. For a description of the principal terms of the Plan, see “Proposal No. 4: Proposal to Amend and Restate the Halliburton Company Stock and Incentive Plan” in Halliburton’s proxy statement dated April 7, 2020 for the Annual Meeting, which description is incorporated herein by reference. A copy of the Plan is filed as Exhibit 10.1.

On November 12, 2018, Halliburton Company announced that Lance Loeffler, previously Vice President, Investor Relations, has been promoted to Chief Financial Officer effective November 12, 2018. Christopher T. Weber was terminated without cause and resigned as Executive Vice President and Chief Financial Officer effective November 9, 2018. Mr. Weber's separation from the Company is not the result of any issue, concern or disagreement with the Company's accounting, financial reporting or internal control over financial reporting. Mr. Loeffler, age 41, served as Vice President, Investor Relations of Halliburton Company since May 2016, and as Vice President, Corporate Development, October 2014 – May 2016. Prior to his employment with Halliburton, Mr. Loeffler was a director at Deutsche Bank Securities, Inc. Mr.

Election of Directors Dr. M. Katherine Banks and Ms. Patricia Hemingway Hall were elected as members of our Board of Directors effective February 13, 2019. There are no arrangements or understandings between either Dr. Banks or Ms. Hall and any other persons pursuant to which either of Dr. Banks or Ms. Hall were elected as Directors. The Board will appoint Dr. Banks and Ms. Hall to Committees of the Board in May. There are no related party transactions between us and either of Dr. Banks or Ms. Hall. Dr. Banks and Ms. Hall will each participate in the compensation arrangements for non-management Directors as described in our Proxy Statement filed April 3, 2018. Dr. Banks and Ms. Hall will each receive an initial equity award of restricted stock units (“RSUs”) equal to a pro-rated amount of the annual equity award granted to our Directors of $185,000.

On January 17, 2019, José C. Grubisich notified the Board of Directors that he was resigning his position as a Director of Halliburton Company on January 17, 2019. Mr. Grubisich’s resignation was not the result of any disagreement with Halliburton on any matter relating to the operations, policies, or practices of Halliburton. 2

Halliburton Company announced that Mark Richard will succeed James S. Brown as President - Western Hemisphere effective February 1, 2019. Mr. Brown will retire from Halliburton on December 31, 2019. 2

Pursuant to the Company’s Corporate Governance Guidelines, David J. Lesar retired as Executive Chairman of the Board of Directors of Halliburton Company on December 31, 2018. Effective January 1, 2019, the Board of Directors appointed Jeffrey A. Miller, the President and Chief Executive Officer of the Company, to the additional position of Chairman of the Board. 2

As previously announced, effective November 12, 2018, Lance Loeffler became Chief Financial Officer of Halliburton Company. Effective December 5, 2018, Mr. Loeffler was promoted to Executive Vice President. In connection with his appointment as Executive Vice President, Halliburton entered into an Executive Agreement with Mr. Loeffler effective December 5, 2018. Pursuant to the Executive Agreement, Mr.

On November 12, 2018, Halliburton Company announced that Lance Loeffler, previously Vice President, Investor Relations, has been promoted to Chief Financial Officer effective November 12, 2018. Christopher T. Weber resigned as Executive Vice President and Chief Financial Officer effective November 9, 2018. Mr. Weber's separation from the Company is not the result of any issue, concern or disagreement with the Company's accounting, financial reporting or internal control over financial reporting. Mr. Loeffler, age 41, served as Vice President, Investor Relations of Halliburton Company since May 2016, and as Vice President, Corporate Development, October 2014 – May 2016. Prior to his employment with Halliburton, Mr. Loeffler was a director at Deutsche Bank Securities, Inc. Mr.

On September 12, 2018, Debra L. Reed notified the Board of Directors that she was resigning her position as a Director of Halliburton Company on September 12, 2018 due to other professional time commitments. Ms. Reed's resignation was not the result of any disagreement with Halliburton on any matter relating to the operations, policies, or practices of Halliburton. 2

Effective as of December 6, 2017, Halliburton entered into an Executive Agreement with Joe D. Rainey, President – Eastern Hemisphere. Pursuant to the Executive Agreement, Mr. Rainey will receive an annual base salary of $875,000, a restricted stock unit award with a grant date value of $1,184,868 to vest 20% annually over a five (5) year period and nonqualified stock options to purchase shares of Halliburton Company common stock with a grant date value of $506,736 that vest 33 1/3% annually over a three (3) year period, and will be eligible to participate in the company's performance pay and performance unit incentive plans and to receive grants of restricted stock and stock options under the Halliburton Company Stock and Incentive Plan. The Executive Agreement also restricts Mr.

On June 12, 2017, Halliburton announced that Christopher T. Weber will become its Executive Vice President and Chief Financial Officer effective June 22, 2017. Robb L. Voyles, who has been serving as interim Chief Financial Officer, will continue to serve as the Company's Executive Vice President, Secretary and General Counsel. Mr. Weber, age 44, was senior vice president and chief financial officer of Parker Drilling Company, May 2013 to June 2017. He was vice president and treasurer of Ensco plc, 2011 to May 2013. Halliburton entered into an Executive Agreement with Mr. Weber effective June 22, 2017. Pursuant to the Executive Agreement, Mr.

As previously announced, effective June 1, 2017, Jeffrey A. Miller became President and Chief Executive Officer of Halliburton Company. In connection with his appointment as President and Chief Executive Officer, Halliburton entered into an Executive Agreement with Mr. Miller effective June 1, 2017, that replaces his existing employment agreement. Pursuant to the Executive Agreement, Mr. Miller will receive an annual base salary of $1.3 million, and an award of 150,000 shares of restricted stock to vest 100% after a five (5) year period, and will be eligible to participate in the company's performance pay and performance unit incentive plans and to receive grants of restricted stock and stock options under the Halliburton Company Stock and Incentive Plan. The Executive Agreement also restricts Mr.

On May 17, 2017, Halliburton Company announced that Chairman and Chief Executive Officer David J. Lesar will become Executive Chairman effective June 1, 2017. Also effective June 1, 2017, Director and President Jeffrey A. Miller will become President and Chief Executive Officer of Halliburton Company. Mr. Miller, age 53, has served as a member of Halliburton's Board of Directors and as President of Halliburton Company, since August 2014; Executive Vice President and Chief Operating Officer of Halliburton Company, September 2012 to July 2014; and Senior Vice President, Global Business Development and Marketing of Halliburton Company, January 2011 to August 2012. In connection with his appointment as Executive Chairman, Halliburton entered into an Executive Agreement with Mr.

On March 6, 2017, Halliburton Company announced that Chief Financial Officer Mark McCollum is leaving the Company effective immediately to become Chief Executive Officer at Weatherford International plc. Halliburton Executive Vice President, Secretary and General Counsel, Robb L. Voyles, has been named interim Chief Financial Officer effective immediately, and will manage the CFO responsibilities in addition to his current responsibilities until a replacement is found. Mr. Voyles, age 59, has served as Executive Vice President, Secretary and General Counsel of Halliburton Company, since May 2015; Executive Vice President and General Counsel of Halliburton Company, January 2014 to April 2015; Senior Vice President, Law of Halliburton Company, September 2013 to December 2013; and Partner, Baker Botts L.L.P., January 1989 to August 2013. 2

Election of Director Mr. William E. Albrecht was elected as a member of our Board of Directors on July 12, 2016. There is no arrangement or understanding between Mr. Albrecht and any other persons pursuant to which Mr. Albrecht was elected as a director. The Board appointed Mr. Albrecht to the Compensation and the Health, Safety and Environment Committees. There are no related party transactions between us and Mr. Albrecht. Mr. Albrecht will participate in the compensation arrangements for non-employee directors as described in our Proxy Statement filed April 5, 2016. Mr. Albrecht will receive an initial equity award of restricted stock units ("RSUs") equal to a pro-rated amount of the annual equity award granted to our Directors of $185,000. Each RSU represents the right to receive a share of our common stock on a future date as provided in the award agreement.

Effective as of July 1, 2016, Halliburton's Board of Directors appointed Mark A. McCollum to the role of Executive Vice President and Chief Financial Officer, a role he held prior to being appointed Chief Integration Officer during the pendency of the proposed acquisition of Baker Hughes Incorporated. Also effective July 1, 2016, Christian A. Garcia, Senior Vice President of Finance, and Acting Chief Financial Officer will step down from the chief financial officer role and become Senior Vice President, Finance. Mr. McCollum, age 57, has served as Executive Vice President and Chief Integration Officer since January 2015. Prior to that time, he served as Executive Vice President and Chief Financial Officer from January 2008 to December 2014. There are no family relationships existing between Mr. McCollum and any executive officer of Halliburton.