AGM/EGMJun 5, 2026, 06:07 AM
Seadrill Shareholders Approve Incentive Plan, Re-elect Directors at AGM
AI Summary
Seadrill Limited held its 2026 Annual General Meeting of Shareholders on June 3, 2026, where several key proposals were approved. Shareholders ratified Amendment No. 1 to the 2022 Management Incentive Plan and approved setting the number of directors at up to nine. All nine director nominees were re-elected, and PricewaterhouseCoopers LLP was appointed as the independent registered public accounting firm for 2026. Additionally, the remuneration of directors and the advisory compensation of named executive officers for 2025 were approved.
Key Highlights
- Shareholders approved Amendment No. 1 to the Amended and Restated Seadrill Limited 2022 Management Incentive Plan with 41,146,428 votes For.
- The determination of up to nine directors for the Board was approved with 43,175,908 votes For.
- Nine directors, including Julie J. Robertson, Jean Cahuzac, and Mark McCollum, were re-elected to the Board.
- PricewaterhouseCoopers LLP was appointed as the independent registered public accounting firm for fiscal year 2026.
- The remuneration of directors was approved and ratified with 43,328,331 votes For.
- The advisory vote to approve the compensation of named executive officers for 2025 was approved with 41,033,521 votes For.
Price Impact
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