Schlumberger Canada Limited A Guide to Group Benefit Coverage For employees new to Canada payroll

Agenda Health coverage - Canada healthcare system - Schlumberger’s Flexible Benefits Program – Health, Dental, Insurance, Disability - How to enroll online Financial Benefits: - Defined Contribution Pension plan - Deferred Profit Sharing Plan - RRSP & TFSA - Discounted Stock Purchase Plan DSPP (W8 Ben)

How does the Schlumberger health benefit program work?  The Schlumberger group health plan works in conjunction with the government sponsored health plan  You must be a member of the provincial healthcare plan to participate in the Schlumberger group plan  To apply and obtain a provincial health care card visit Service Canada:

The group & government plan work together!  The government provides coverage for some medical services including doctor visits and hospital stays – just show your provincial healthcare card!  The Schlumberger group plan provides supplementary coverage for items such as prescription drugs, dental treatments, and paramedical services.

Schlumberger Flexible group health benefit plan Refer to the Schlumberger Flex Guide:

Introduction: flexible benefits plan  Schlumberger provides you with enough flex dollars to pay the full cost of option 2 for both health and dental coverage  You also receive additional flex dollars to use where you choose  Each benefit has different options with different price tags  Leftover flex dollars? Deposit them into your Health Care Spending Account (HCSA) or Wellness Spending Account (WSA)  What you don’t pay for with flex dollars, you cover with payroll deductions

Extended Health Care

Dental

Employee Life Insurance

Spouse and Child Life Insurance Options

Employee AD&D Insurance Options

Spouse and Child AD&D Insurance Options

Business Travel Accident Insurance

Short-term Disability Coverage Fully paid by Schlumberger Available for 26 weeks Equal to 100% of your base pay 1 No options to choose 1 Field employees receive 130% of base pay.

Long-term Disability

LTD Options LTD Options – Someone earning $80,000 In 5 years  $5,024

Your Health Care Spending Account & Wellness Spending Account How it works : - Schlumberger provides each employee with $300 in flex dollars - You’ll use your flex dollars to pay for the benefits you choose - Depending on your benefits selections, you may have leftover flex dollars - This amount can be deposited into your HCSA or Wellness Spending Account

Health Care Spending Account Examples of eligible expenses: - The percentage of dental or health care related expenses that you pay - Prescription drug dispensing fees - Eyeglasses, contact lenses, or laser surgery - Orthodontia or other dental expenses not covered under your dental option - Health care expenses of relatives who are financially dependent on you, but not covered by Schlumberger Flex, like a parent or sibling

Wellness Spending Account Examples of eligible expenses:  Vitamins and supplements  Orthopaedic beds and orthopaedic pillows  Cholesterol and hypertension screening  Health assessments/ screening  Allergy tests  Reflexologists  Herbalist  Homeopaths  Athletic therapists  Maternity services  Health education programs  Exercise physiologists  Chinese medical practitioners  Shiatsu therapists  Osteopathic practitioners  Acupressurists  Occupational therapists  Fitness equipment (excluding apparel and footwear)  LTD premiums New for 2015  Fitness league fees  Fitness classes  Comprehensive medical exams  Naturopathic medicines

When do you enroll?  Within 3 weeks of starting on Canada payroll, you will receive a “new hire” benefit enrollment package in the mail  This package will contain the ‘Schlumberger Flex Guide’, and all of the information you need to understand, and elect your group benefit options  The information you receive in the mail is also available online at Enrollment Central *Ensure your local HR team has your correct mailing address – otherwise you may not receive important documents

Steps to complete group health plan enrollment Once you receive your package in the mail:  Read the “Flex Enrollment Guide” to understand the options available within the Canada health benefit program  Visit ‘Enrollment Central’ at for more information on the Canada group benefit program.  Log in to the ‘Your Benefit Resources’ (YBR) website and elect your preferred coverage:

Great West Life is our health plan insurer  Once you’ve completed your enrollment on the YBR website, your choices will be sent to Great West Life within 10 business days.  Once active in the Great West Life system, you may register on the GroupNet for Plan Members website for online claim submission: *You may not submit claims to Great West Life prior to being active in their system

What happens if I don’t enroll? If you do not elect your preferred benefit choices within your designated enrollment period:  You will receive the lowest level of coverage for health, dental and long term disability = Default Coverage  Your dependents will not have any group health coverage  Got questions? Call

Retirement & Savings Program: Financial Benefits  Defined Contribution Pension Plan (DCPP)  Deferred Profit Sharing Plan (DPSP)  Registered Retirement Savings Plan (RRSP)  Tax-Free Savings Account (TFSA)  Discounted Stock Purchase Plan (DSPP)

Defined Contribution Pension Plan  Eligibility – First of the month following 3 months of service  Contributions are made each pay period as a percentage of your total pay  You will be automatically enrolled at a 3% contribution rate in order to maximize company contributions  Schlumberger will contribute 2% automatically, and will additionally match your contribution up to 3%.  You can contribute a maximum of 5%, bringing your maximum possible contribution to 10% EE 5% + ER 2% (basic) + ER 3% (match) - Vested immediately (new! as of Sep.1, 2014)

Deferred Profit Sharing Plan (DPSP)  Eligibility – First of the month following one year of service  Based on profitability, the Company will contribute up to 15% of your admissible compensation to your DPSP account Example: admissible compensation was $50, profit sharing award was 5% = $2, award - Vested after 2 years in the plan or 3 years of service

Registered Retirement Savings Plan (RRSP)  A savings plan registered with the Canadian federal government allowing you to save for the future on a tax-sheltered basis.  An RRSP is an investment portfolio. It can contain a variety of investments  What makes an RRSP special is that your contributions to it are tax deductible and your portfolio grows tax sheltered.

Group Registered Retirement Savings Plan (RRSP)  Eligibility - voluntary participation on the first day of the month following 3 months of service  No Company contributions  Voluntary contributions (payroll deductions) up to your RRSP contribution limit - if you don’t know your limit, contact the Canada Revenue Agency

Tax Free Savings Account (TFSA)  A flexible, registered, general-purpose savings vehicle that allows you to earn tax-free investment income  Voluntary contribution up to $5,500 annually  Investment income earned & withdrawals from a TFSA are tax-free.  Contributions are not tax-deductible.

Recap: Retirement & Savings Program  DCPP  DPSP  RRSP  TFSA Questions?  Contact the plan administrator, Sun Life Financial: By Telephone: Online: mysunlife.ca/Schlumberger

Discount Stock Purchase Plan (DSPP)  Eligibility – Employees are eligible upon hire, but can only enroll in June or December  Contribute 1 to 10% of their total pay towards DSPP  DSPP balance accumulates throughout the plan period (January through June and July though December  On the last day of the plan period, you automatically purchase as many shares of stock as you can with your DSPP balance

Discount Stock Purchase Plan (DSPP) Plan Period July 1, 2014 – Dec 31, 2014 Price on July 1, 2014Price on Dec 31, 2014 $118.06$ % Purchase Price is $79.20 USD Example: Price is determined as: lower of the stock price on the first trading day of the plan year (July 1st Or Jan 1st) or the last trading day of the plan year (June 30th or Dec 31st) less 7.5%

Discount Stock Purchase Plan (DSPP)  Certify your tax status  W-8BEN FOR NON-US CITIZENS/RESIDENTS OR W9 FOR US RESIDENTS/TAX PAYERS  If you don’t certify your tax status, you will be subject to an automatic US Tax withholding (28%) as required by the US Internal Revenue Service (US tax authorities).  Questions: Contact Computershare Shareowner Services (previously known as BNY Mellon). or in USA or outside

Questions? Thank you for your time