Slb Limited · NYSE:SLB

Slb — Schlumberger — Merger or Acquisition (August 2015)

15 slides from Slb's merger presentation, Aug 26, 2015

  1. Slide 1: Schlumberger and Cameron

    Schlumberger and Cameron Surface and subsurface integration – the next chapter of our growth August 26, 2015

  2. Slide 2: Safe Harbor: Forward-Looking Statements

    Safe Harbor Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The opinions, forecasts, projections, expected timetable for

  3. Slide 3: Safe Harbor: Additional Information

    Safe Harbor Additional Information This presentation does not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities or a solicitation of any vote or approval. STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS, THE REGISTRATION STATEMENT AND OTHE

  4. Slide 4: Compelling Strategic Rationale

    Compelling Strategic Rationale  Growth through integration of reservoir, well and surface technology with instrumentation and control to launch a new era of drilling and production systems  Cost efficiencies through synergy, delivering improvements in operating costs, supply chain and manufacturin

  5. Slide 5: Cameron Flow Control Technologies

    Cameron Flow Control Technologies Drilling Production  Global leader in surface process and flow control  Leading products and technologies across 5 product lines Drilling Surface Valves & Process Systems Subsea Systems Measurement Systems

  6. Slide 6: Schlumberger Product Group Technologies

    Schlumberger Product Group Technologies Drilling Production Well Characterization Reservoir

  7. Slide 7: Characterization – Reservoir Expertise

    Characterization – Reservoir Expertise  Scientific understanding  Industry standard software  Industry leaders in static and dynamic modeling  Computing power  Sensors and instrumentation  10,000 petro-technical experts Characterization

  8. Slide 8: Drilling – Integrated Technologies

    Drilling – Integrated Technologies  Leveraging measurements technologies  Game changing innovation  Complementary M&A  Fully integrated bottom-hole assembly Drilling  Systems modeling and automation  Moving towards performance contracts

  9. Slide 9: Production – Integrated Processes

    Production – Integrated Processes  Introducing science to production  Innovative fluid chemistry  Customized intelligent completions  Complete artificial lift offering  Well intervention measurements Production  Targeted M&A

  10. Slide 10: Schlumberger and Cameron from Pore to Pipeline

    Schlumberger and Cameron from Pore to Pipeline Integrated Drilling Systems Integrated Production Systems Drilling Production Wellhead+ Drilling Production Well Characterization Reservoir

  11. Slide 11: Revenue Synergy

    Revenue Synergy Value Customers  Increase recovery rates  Expand our customer base  Reduce costs per barrel  Leverage our global footprint  Closer commercial alignment  Broaden our technology portfolio  Automation  Performance Integration  Software  System Integration  Services  Instrume

  12. Slide 12: New Schlumberger Group Structure

    New Schlumberger Group Structure Schlumberger Cameron Characterization Drilling Production Revenue $10.3 billion $12.2 billion $18.5 billion $18.1 billion Business Rank OneSubsea 2 Wireline 1 Drilling & Measurements 1 Well Services 2 Drilling Systems 2 Testing Services 1 Geoservices 1 Completions 3

  13. Slide 13: Proposed Transaction Summary

    Proposed Transaction Summary  $66.36, 78% stock / 22% cash, taxable Consideration  The principal US subsidiary of SLB acquires CAM  Average historical premiums and exchange ratios:  Spot = 56.3% 0.5856x  20-day VWAP = 37.0% 0.5989x Valuation  1-year = 25.6% 0.5885x  EV / EBITDA TTM multiple 8

  14. Slide 14: Cost Synergy

    Cost Synergy Manufacturing Operating Costs Transformation & Supply Chain Segment & Geographical G&A Operational Corporate Costs G&A Back-office Support

  15. Slide 15: Contacts

    Contacts Schlumberger Limited Cameron International Corporation Simon Farrant Vice President Investor Relations Scott Lamb Vice President Investor Relations Joy V. Domingo Manager of Investor Relations +1 (713) 513 3344 scott.lamb@c-a-m.com +1 (713) 375 3535 Investor-relations@slb.com http://Investo

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