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Departure of Directors or Certain


Amended and Restated French Sub Plan for Restricted Units

The stockholders of Schlumberger Limited (Schlumberger N.V.), a Curaao corporation (Schlumberger), approved Schlumbergers amended and restated French Sub Plan for Restricted Units (as amended and restated, the French Sub Plan), which operates under the Schlumberger 2010 Omnibus Stock Incentive Plan (the Omnibus Plan), at the 2016 Annual General Meeting of Stockholders of Schlumberger (the Annual Meeting) held on April 6, 2016. The Omnibus Plan was approved by stockholders at Schlumbergers 2010 annual general meeting.

Stockholder approval of the French Sub Plan is designed to qualify under the so-called Macron Law in France, so that restricted stock units and performance stock units that Schlumberger g rants under the French Sub Plan to individuals who are subject to taxation under French law (including certain grants previously approved by the Compensation Committee of Schlumbergers Board of Directors) may qualify as Free Share Grants, which are subject to more favorable tax treatment. The foregoing description of the French Sub Plan is qualified in its entirety by reference to the text of the French Sub Plan, which is filed as Exhibit 10.1 hereto.


Submission of Matters to a Vote of Security Holders.

At the Annual Meeting, the stockholders of Schlumberger:

Item1elected all 10 director nominees;

Item2approved, on an advisory basis, Schlumbergers executive compensation;

Item3approved Schlumbergers Consolidated Balance Sheet as at December31, 2015, its Consolidated Statement of Income for the year ended December31, 2015, and the declarations of dividends by the Board of Directors in 2015, each as reflected in Schlumbergers 2015 Annual Report to Stockholders;

Item4approved the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit the accounts of Schlumberger for 2016;

Item5approved a resolution to amend Schlumbergers Articles of Incorporation to (a) allow the Board of Directors to fix the authorized number of directors at an annual general meeting, subject to stockholder approval of that number, and (b) reflect changes to the Curaao Civil Code regarding parties having the right to attend and address general meetings of...