National Energy Services Reunited Corp · NASDAQ:NESR
National Energy Services Reunited — Presentation (June 2021)
13 slides from National Energy Services Reunited's investor presentation, Jun 4, 2021
Slide 1: CEO compensation and waived 2020 LTI award
(1) Mr. Foda advised the Board that he would waive his 2020 LTI award, as he has in prior years, to enable RSU awards to be distributed to a larger pool of key value or high potential employees. The charts below show the value of 2020 base salary, target annual cash incentive and LTI compensation es
Slide 2: Chart 2 - CEO Target Compensation Elements vs. Comparator Peer Group
Chart 2 - CEO Target Compensation Elements vs. Comparator Peer Group 5,000,000 4,000,000 3,000,000 $ 1,680,000 Waived by CEO 2,000,000 “pom Ae Base Salary Target Annual Cash Long Term Equity Incentive Incentive CEO 125%Percentile GMedian 75% Percentile
Slide 3: Chart 3 - CEO Total Target Compensation vs. Comparator Peer Group
CEO Target Compensation ($) Chart 3 - CEO Total Target Compensation vs. Comparator 7,000,000 6,000,000 5,000,000 4,000,000 (Base Salary Peer Group $1,680,000 | Waived by CEO CEO 25% Percentile Median 75% Percentile [Target Annual Cash Incentive GlLong Term Equity Incentive
Slide 4: CFO compensation versus comparator peer group
The charts below show the percentage of 2020 base salary, target annual cash incentive and LTI compensation established by the Compensation Committee for our CFO compared to the comparator peer group broken down by the different compensation elements. Chart 5 illustrates that our CFO’s target 2020 c
Slide 5: Chart 5 - CFO Target Compensation Elements vs. Comparator Peer Group
Chart 5 - CFO Target Compensation Elements vs. Comparator Peer Group 1,500,000 1,200,000 900,000 600,000 : Base Salary Short Term Cash Long Term Equity Incentive Incentive M@CFO 125% Percentile GMedian 75% Percentile
Slide 6: Chart 6 - CFO Total Target Compensation vs. Comparator Peer Group
Chart 6 - CFO Total Target Compensation vs. Comparator Peer Group 2,500,000 =e al 25% Percentile Median —-75% Percentile Boy 8 8 s $s 8 8 6 8 CFO Target Compensation ($) 8 FJ 8 8 [Base Salary Short Term Cash Incentive Long Term Equity Incentive
Slide 7: Aligning executive pay with long-term value
We believe in transparency and the need to align our executive pay incentives with the creation of sustainable, long-term value for NESR and long-term returns for our shareholders. The NEOs’ variable compensation portion was designed to reflect the entrepreneurial culture of NESR from its inception,
Slide 8: Chart 9 - Other NEO Target at Risk
Chart 8 - Other Target at Risk 100% g 80% d 60% 2 & 40% 20% 0% Other NEO Base Salary DAnnual Cash Incentive GLong-Term Incentive
Slide 9: Setting Executive Compensation
Christopher Boone 300,000 Cathy Konwisarz 300,000 Setting Executive Compensation Role of the Compensation Committee The Compensation Committee oversees the executive compensation program and has overall responsibility for making final decisions about total compensation for NEOs, except the CEO, whic
Slide 10: NESR CEO 2020 Metrics
NESR CEO 2020 Metrics 67% Financial Objectives 33% Personal Objectives
Slide 11: NESR Other NEO 2020 Metrics
NESR Other NEO 2020 Metrics 50% Financial Objectives 50% Personal Objectives
Slide 12: Your Vote Is Important. Please Vote Today.
YOUR VOTEISIMPORTANT. PLEASE VOTE TODAY. Voteby Internetor Telephone-QUICK | | | EASY IMMEDIATE - 24 Hours a Day, 7 Days a Week or by Mail Your phone or Internet vote authorizes the named proxies to vote your shares in the same manner as if you marked, signed and returned your proxy card. Votes subm
Slide 13: Important Notice Regarding Internet Availability of Proxy Materials
Important Notice Regarding the Internet Availability of Proxy Materials for the Annual General Meeting of Shareholders The 2021 Proxy Statement to Shareholders is available at: https://www.cstproxy.com/nesr/2021 FOLD HERE «DO NOT SEPARATE « INSERT IN ENVELOPE PROVIDED PROXY ‘THIS PROXY IS SOLICITED
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