Weatherford International Investor Presentation — December 2021

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INVESTOR PRESENTATION

WEATHERFORD INTERNATIONAL PLC

©2021 Weatherford International plc. All rights reserved.Q4’21 EARNINGS PRESENTATION

This presentation contains projections and forward -looking statements concerning, among other things, Weatherford International plc’s (“Weatherford” or

the“Company”) quarterly and full-year revenues, operating income and losses, segment adjusted EBITDA, adjusted EBIDTA, unlevered free cash flow, free

cash flow, forecasts orexpectations regarding business outlook, prospects foritsoperations and expectations regarding future financial results .These

forward -looking statements are only predictions based upon the current beliefs ofWeatherford’s management and are subject tosignificant risks,

assumptions, and uncertainties, including, but not limited to,the price and price volatility ofoiland natural gas;the extent orduration ofbusiness

interruptions, demand foroiland gasand fluctuations incommodity prices associated with COVID -19pandemic ;general global economic repercussions

including inflationary pressures related toCOVID -19pandemic ;themacroeconomic outlook fortheoiland gasindustry ;and operational challenges relating

totheCOVID -19pandemic and efforts tomitigate thespread oftheCOVID -19virus and COVID -19variants, including logistical challenges, protecting the

health and well-being ofouremployees, remote work arrangements, performance ofcontracts and supply chain disruptions ;ourability togenerate cash

flow from operations tofund our operations ;and therealization ofadditional cost savings and operational efficiencies .These risks and uncertainties are

more fully described inWeatherford’s reports and registration statements filed with theSEC.Any forward -looking statements speaks only asofthedate on

which such statement ismade, and theCompany undertakes noobligation tocorrect orupdate anyforward -looking statement, whether asaresult ofnew

information, future events orotherwise, except asrequired byapplicable law, and wecaution you nottorely onthem unduly .

This presentation includes non-GAAP financial measures which we believe provide users ofour financial information with additional meaningful

comparisons between current results and results ofprior periods aswell ascomparisons with peer companies .The non-GAAP amounts should not be

considered assubstitutes foroperating income, provision forincome taxes, netincome orother data prepared and reported inaccordance with GAAP, but

should beviewed inaddition totheCompany’s reported results prepared inaccordance with GAAP .Please refer totheappendices included herein and

ourfourth quarter and fullyear earnings release forareconciliation ofGAAP tothenon-GAAP financial measures .2