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Agenda
© 2019 Wellbore Integrity Solutions. All rights reserved 2
Site Visits and Customer Meetings
Legal and Regulatory Developments
Human Resources
New Wellbore QHSE Solution
Information Technology
Engineering
Site Visits and Customer Meetings
© 2019 Wellbore Integrity Solutions. All rights reserved 3
Since the transaction was announced in late May … 100+ positive employee and customer meetings in 15+ countries around the globe
Houston (4) Broussard New Iberia Midland/Odessa Oklahoma City
50+ meetings w/ NAM customers
Scotland Norway Romania Holland England France
10+ meetings w/ ESSA customers
UAE Qatar Kuwait Oman Saudi Arabia
10+ meetings w/ MENA customers
Australia Brunei Malaysia Indonesia
10+ meetings w/ APAC customers
Transactional Updates
© 2019 Wellbore Integrity Solutions. All rights reserved 4
WIS has made good progress with regulators and on setting up operating subsidiaries to ensure business continuity and capture market share …
Department of Justice regulatory approval on 6/24/2019 Legal entities established in 12 countries
US, Canada, UK, UAE, Australia, Norway, Netherlands, Colombia, Romania, Kazakhstan, Brunei, India
Another 6+ legal entities in additional jurisdictions to be established in August alone
WIS website and LinkedIn offer up-to-date information on progress https://www.wellboreintegrity.com/ https://www.linkedin.com/company/wellbore-integrity-solutions/
ON TRACK FOR Q4 CLOSE
Human Resources
© 2019 Wellbore Integrity Solutions. All rights reserved 5
Offer Letters Working towards sending offer packages Base pay will remain the same
Benefits WIS is committed to providing the same
level of benefits
Workforce Your contributions are critical to ongoing
success; we are excited to onboard all employees
20+ current employees at WIS vs 5 in May supporting the close of the transaction
QHSE Systems Solution
6
Highlights Vender selection completed Go-live at close Cloud-based (SaaS) system, available to all employees Easily configurable to Wellbore requirements Scalable with additional modules for the future (e.g., JSA, MOC) Robust KPIs, reports, and dashboards with drilldown functionality
© 2019 Wellbore Integrity Solutions. All rights reserved
QHSE Systems Solution (cont.)
© 2019 Wellbore Integrity Solutions. All rights reserved 7
1. Mobile Functionality Both iOS & Android; will have offline
capabilities2. Multilingual User Interface
English, Spanish, French, Portuguese, and Russian
3. Unique “Bulletin Communication” Functionality Broadcast messages to targeted
groups of users or locations (e.g., weather alerts, safety topics, lessons learned & corporate-wide news)
QHSE Modules Incident Management: SQ & HSE Hazard IDs Audit Management
Investigations & Root Cause Analysis Work Observations Checklists/Inspections
Training Modules Training Management Training Certifications
Distinct Features Available at Go-live:
Information Technology
© 2019 Wellbore Integrity Solutions. All rights reserved 8
Day 1 all hard drives will be pulled from your machines and replaced with new WIS hard drives.
We are looking at replacing old laptops and desktops• Older than 2 years
Outlook: Email• New email address format will be [email protected]
Outlook: Contacts• Action Required: sync your mobile device contacts with your SLB Outlook account
OneDrive • Action Required: move all documents and spreadsheets to your SLB OneDrive folder
Thank You
© 2019 Wellbore Integrity Solutions. All rights reserved 9
IntegrityConduct business with the highest ethical and professional standards.
Customer FocusCreate a culture that is focused on meeting and exceeding customer expectations.
TeamworkWork collaboratively with employees and stakeholders to create an atmosphere of transparency and trust.
PeopleRecruit and retain the best by being an employer of choice.
Deliver ResultsProvide superior products and solutions that drive results for customers while striving to increase shareholder value by delivering superior financial results.
EnterprisingFoster a culture that is open and receptive to creative thinking and new technology that supports our mission.
Protecting People and the Environment Operate our business in a manner that will do no harm to our stakeholders, employees, sub-contractors and the communities and environment in which we operate.
OUR VALUES