NOV (NOV) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 20, 2025, at company headquarters in Houston, TX.

• Shareholders are invited to vote on key proposals, including director elections and executive compensation.

• Voting can be completed online, by mail, or in person, with deadlines specified for each method.

Voting matters and shareholder proposals

• Election of nine director nominees for a one-year term is on the agenda.

• Ratification of Ernst & Young LLP as independent auditors for 2025 is proposed.

• Advisory vote on executive compensation for named executive officers is included.

• Amendment and restatement of the Long-Term Incentive Plan is up for approval.

• Other business may be addressed as appropriate during the meeting.

Board of directors and corporate governance

• Nine individuals are nominated for election to the board, each for a one-year term.