Weatherford International Investor Presentation — April 2022

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INVESTOR PRESENTATION

WEATHERFORD INTERNATIONAL PLC

©2022 Weatherford International plc. All rights reserved.Q1’22 EARNINGS PRESENTATION

This presentation contains projections and forward -looking statements concerning, among other things, theCompany’s quarterly and full-year revenues, operating income

and losses, segment adjusted EBITDA, adjusted EBITDA, free cash flow, unlevered free cash flow, forecasts orexpectations regarding business outlook, prospects forits

operations, capital expenditures, expectations regarding future financial results, and arealso generally identified bythewords “believe,” “project,” “expect,” “anticipate,”

“estimate,” “outlook,” “budget,” “intend,” “strategy,” “plan,” “guidance,” “may,” “should,” “could,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar

expressions, although notallforward -looking statements contain these identifying words .Such statements arebased upon thecurrent beliefs ofWeatherford’s management

and aresubject tosignificant risks, assumptions, and uncertainties .Should one ormore ofthese risks oruncertainties materialize, orunderlying assumptions prove incorrect,

actual results may vary materially from those indicated inourforward -looking statements .Readers arecautioned that forward -looking statements areonly predictions and

may differ materially from actual future events orresults, including, theprice and price volatility ofoiland natural gas;theextent orduration ofbusiness interruptions,

demand foroiland gasand fluctuations incommodity prices associated with theRussia Ukraine conflict and theCOVID -19pandemic ;general global economic repercussions

related toU.S.and global inflationary pressures, the Russia Ukraine conflict and theCOVID -19pandemic ;the macroeconomic outlook forthe oiland gasindustry ;and

operational challenges relating totheRussia Ukraine conflict, sanctions imposed byvarious countries relating totheRussia Ukraine conflict, and theCOVID -19pandemic and

efforts tomitigate thespread oftheCOVID -19virus and COVID -19variants, including logistical challenges, protecting thehealth and well-being ofouremployees, remote

work arrangements, performance ofcontracts and supply chain disruptions ;ourability togenerate cash flow from operations tofund ouroperations ;and therealization of

additional cost savings and operational efficiencies .These risks and uncertainties aremore fully described inWeatherford’s reports and registration statements filed with the

SEC, including theriskfactors described intheCompany’s Annual Report onForm 10-K.Accordingly, you should notplace undue reliance onanyoftheCompany’s forward -

looking statements .Any forward -looking statements speaks only asofthedate onwhich such statement ismade, and theCompany undertakes noobligation tocorrect or