HAL

• Second quarter 2026 net income was $534 million, or $0.64 per diluted share, compared to $461 million, or $0.55 per diluted share, in the first quarter of 2026.
• Total revenue for Q2 2026 was $5.7 billion, up from $5.4 billion in Q1 2026, with operating income of $778 million.
• Cash flow from operations was $824 million and free cash flow was $668 million; the company repurchased approximately $200 million of common stock.
• Management expects revenue growth and margin expansion, with incremental improvements in North America through the year.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Al Khayyal had served on Halliburton's Board of Directors since 2014.
• At the time of his death, he was a member of the Audit Committee and the Health, Safety and Environment Committee.
• The company reported this event under Item 8.01 (Other Events) on Form 8-K filed June 29, 2026.

8.01 Other Events

• At the May 20, 2026 Annual Meeting, all 12 director nominees were elected, with each receiving a majority of votes cast.
• The advisory vote on executive compensation passed with 608,197,911 votes for and 21,910,320 against.
• The Halliburton Energy Services, Inc. charter amendment was approved with 629,853,331 votes for and 1,221,691 against.
• Amendments and restatements of the Stock and Incentive Plan and the Employee Stock Purchase Plan were both approved, with 595,921,363 and 626,889,047 votes for, respectively.

5.07 Submission of Matters to a Vote of Security Holders

• Revenue for Q1 2026 was $5.4 billion, flat compared to Q1 2025.
• Cash flow from operations was $273 million and free cash flow was $123 million.
• Approximately $100 million of share repurchases were made during the quarter.
• The Middle East conflict impacted net income per diluted share by approximately 2 to 3 cents.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Fourth quarter 2025 net income was $589 million, or $0.70 per diluted share, compared to $18 million, or $0.02 per diluted share, in Q3 2025.
• Total revenue for Q4 2025 was $5.7 billion, up from $5.6 billion in Q3 2025; operating income was $746 million, up from $356 million.
• Full-year 2025 revenue was $22.2 billion, down from $22.9 billion in 2024; operating income was $2.3 billion, down from $3.8 billion.
• During Q4 2025, Halliburton repurchased $250 million of common stock, retired $382 million of senior notes, and paid dividends of $0.17 per share.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Michael Casey Maxwell, age 44, was appointed President, Western Hemisphere, effective February 1, 2026.
• He succeeds Mark Richard, who will serve as senior advisor to chairman, president, and CEO Jeff Miller.
• The appointment includes an Executive Agreement with a minimum annual base salary of $800,000, participation in incentive plans, and severance consistent with other executive officers.
• No family relationships or reportable transactions involving Maxwell were disclosed.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Slocum also appointed to the Board of Directors, increasing board size from 12 to 13 directors, with term expiring at the 2026 Annual Meeting.
• Rami Yassine appointed President – Eastern Hemisphere, effective January 1, 2026, succeeding Slocum.
• Slocum's employment agreement provides a minimum annual base salary of $1,000,000; Yassine's provides $800,000.
• Both appointments are part of a leadership transition announced in a press release on December 4, 2025.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Halliburton increased its board size from 11 to 12 directors and appointed Timothy A. Leach as a member, effective December 2, 2025.
• Leach retired from ConocoPhillips in August 2025 after a 40-year career in oil and gas, and previously served as chairman and CEO of Concho Resources Inc.
• Leach will receive an initial equity award of restricted stock units valued at $200,000, consistent with the 2025 annual equity award for directors.
• Halliburton entered into an indemnification agreement with Leach on December 2, 2025.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits