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©2024 Weatherford International plc. All rights reserved. INVESTOR PRESENTATION Q1’24 WEATHERFORD INTERNATIONAL PLC
©2024 Weatherford International plc. All rights reserved.
INVESTOR PRESENTATION
WEATHERFORD INTERNATIONAL PLC
©2024 Weatherford International plc. All rights reserved.Weatherford International Plc.
This presentation contains projections and forward -looking statements concerning, among other things, theCompany’s quarterly and full-year revenues, adjusted EBITDA*,
adjusted EBITDA margin*, adjusted free cash flow*, netleverage*, forecasts orexpectations regarding business outlook, prospects foritsoperations, 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 notall
forward -looking statements contain these identifying words .Such statements are based upon the current beliefs ofWeatherford’s management and are subject to
significant 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, based onfactors including butnotlimited to:global political disturbances, war, terrorist attacks, changes inglobal trade
policies, weak local economic conditions and international currency fluctuations ;general global economic repercussions related toU.S.and global inflationary pressures
and potential recessionary concerns ;various effects from the Russia Ukraine conflict including, but not limited to,nationalization ofassets, extended business
interruptions, sanctions, treaties and regulations imposed byvarious countries, associated operational and logistical challenges, and impacts totheoverall global energy
supply ;cybersecurity issues ;our ability tocomply with, and respond to,climate change, environmental, social and governance and other sustainability initiatives and
future legislative and regulatory measures both globally and inspecific geographic regions ;thepotential foraresurgence ofapandemic inagiven geographic area and
related disruptions toour business, employees, customers, suppliers and other partners ;the price and price volatility of,and demand for, oiland natural gas;the
macroeconomic outlook fortheoiland gasindustry ;ourability togenerate cash flow from operations tofund ouroperations ;ourability toeffectively and timely adapt our
technology portfolio, products and services toaddress and participate inchanges tothe market demands forthe transition toalternate sources ofenergy such as
geothermal, carbon capture and responsible abandonment, including ourdigitalization efforts ;and therealization ofadditional cost savings and operational efficiencies .
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