BKR · Baker Hughes Co

Baker Hughes to supply NovaLT™ industrial gas turbines packaged with generators, gearboxes, and control systems Leveraging Baker Hughes’ technology, Dynamis Power Solutions’ DT17 platform will deliver industry-leading power density in a compact footprint HOUSTON and LONDON, July 29, 2026 (GLOBE NEWSWIRE) -- Dynamis Power Solutions, LLC (Dynamis), a leading mobile power generation packager in North America, and Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a major order for 76 NovaLT™16 gas turbines paired with gearboxes and generators powered by BRUSH™ Power Generation – totaling ~1.3GW for hypermobile power generation across a wide range of data center projects and oil & gas applications. The turbines were booked in the second quarter, and the gearboxes and generators in the third. Dynamis packages gas turbine generators in its proprietary hypermobile power solutions, using Baker Hughes’ multi-fuel NovaLT™16 gas turbines , gearboxes, and generators powered by BRUSH™ Power Generation with Automatic Voltage Regulator System (AVR) in their DT17 units. The units’ modular design and compact footprint provide the flexibility and scalability necessary to customize projects to specific power requirements for each application. Dynamis’ turbine packages are engineered for high availability and operational flexibility. “The market is demanding utility-grade power solutions that deliver lower emissions without the complexity and expense of water, which is exactly what our Dynamis DT17 platform was engineered to provide,” said Matt Crawford, CEO of Dynamis Power Solutions. “By combining Baker Hughes’ proven NovaLT™16 technology with Dynamis’ proprietary hypermobile packaging, we’re delivering industry-leading power density that significantly reduces construction timelines and civil costs – answering our customers’ requirement for power today. This collaboration with Baker Hughes represents another innovative step in providing reliable, efficient, and rapidly deployable power for the accelerating needs of data centers and the critical energy infrastructure.” “Power demand in North America is accelerating as data centers and digitization expand, manufacturing returns, and energy infrastructure continues to grow,” Baker Hughes Chairman and CEO Lorenzo Simonelli said. “Building on over a decade of collaboration, we are proud to strengthen our relationship with Dynamis. Together, we are delivering consistent, reliable and efficient power solutions critical to building a resilient energy system that is secure, sustainable and affordable.” Based off Dynamis’ flagship DT35 hypermobile power package, the DT17 is designed to bridge immediate power demands, supporting the unique and complex operational needs of industries requiring natural gas power solutions. This new application of Baker Hughes’ NovaLT™16 turbines boasts enhanced versatility for large power consumers in the data center and oil & gas industries, offering resilience in challenging environments and the ability to power reliably – benefits further emphasized by the unit’s compact footprint and record-setting short rig-up, commissioning, and operational maintenance efficiencies. About Dynamis Power Solutions Dynamis Power Solutions is a leading provider of rapidly deployable, utility-grade power in North America. Our proprietary hypermobile solutions deliver the capabilities of a full-scale power plant with a smaller footprint, faster installation, and lower total capital and operational costs. Designed to support permanent or temporary power operations for a wide range of commercial industries, Dynamis’ engineered, low emission solutions enable true mobility for customers. Learn more at dynamisps.com . About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies

Baker Hughes to supply six liquefaction blocks for the CP2 LNG expansion project, for a total of 12 liquefaction modules Award extends Baker Hughes’ long-standing collaboration with Venture Global, reinforcing role as a strategic LNG technology provider HOUSTON and LONDON, July 27, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday a major order, booked in the second quarter, from Venture Global LNG to provide a comprehensive liquefaction solution for its CP2 LNG expansion project in Louisiana. The award builds on the companies’ established master equipment supply agreement, and the scope includes six liquefaction blocks for a total of 12 liquefaction modules. Each block is based on two single mixed-refrigerant (SMR) liquefaction modules and related compression trains featuring Baker Hughes' advanced centrifugal compressor technology, as well as cold boxes, air coolers and integrated control systems. "Baker Hughes has been a trusted partner across our LNG developments, and we are pleased to extend this collaboration as we advance the next phase of CP2,” said Mike Sabel, CEO of Venture Global. "We are proud to continue providing the critical LNG technologies that enable Venture Global to deliver reliable, affordable and flexible energy needed to meet growing global demand,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. "Our continued collaboration reflects the strength of our partnership and our shared commitment to scaling modular LNG solutions that accelerate U.S. supply and support global energy security." Baker Hughes serves as a strategic supplier to Venture Global across more than 100 million tonnes per annum of existing and planned production capacity, contributing comprehensive LNG systems to the Calcasieu Pass and Plaquemines LNG facilities. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. For more information, please contact: Media Relations Chiara Toniato +39 3463823419 [email protected] Investor Relations: Chase Mulvehill +1 346-297-2561 [email protected] Source: Baker Hughes

Second-quarter highlights Orders of $10.5 billion , including $7.1 billion of IET orders. RPO of $40.1 billion , including record IET RPO of $37.1 billion . Revenue of $6.7 billion . Attributable net income of $681 million . GAAP diluted EPS of $0.68 and adjusted diluted EPS* of $0.64 . Adjusted EBITDA* of $1,231 million . Cash flows from operating activities of $1,345 million and free cash flow* of $1,109 million . HOUSTON and LONDON, July 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the second quarter of 2026. "Baker Hughes delivered another strong quarter, reflecting the breadth of our portfolio and continued momentum across data center, gas infrastructure, and upstream markets. Disciplined execution and our ability to effectively navigate ongoing Middle East challenges contributed to Adjusted EBITDA exceeding the high end of our guidance range. Looking ahead, favorable underlying fundamentals support our confidence in achieving the midpoint of our full-year guidance as we continue to manage through the Middle East uncertainty." "IET delivered another exceptional quarter of orders, with record bookings doubling year-over-year to $7.1 billion and backlog increasing 19% to a new all-time high. The strength was driven by robust demand across Power Systems and LNG, with particularly strong momentum in power generation. Given broadening customer demand, a growing pipeline across industrial and energy infrastructure markets, and our decision to further expand capacity, we are raising our full-year IET order guidance and increasing our Horizon 2 ( 1 ) IET orders outlook to more than $45 billion." "OFSE delivered an impressive quarter, with EBITDA exceeding the high end of our guidance range despite a complex operating environment. Increased activity and higher product shipments late in the quarter in the Middle East, along with solid performance in North America land and Latin America, drove the upside and demonstrated the resilience and durability of our portfolio despite higher inflationary costs." "Our second-quarter performance further reinforces confidence in Baker Hughes’ strategic direction. Energy security and rising power demand are driving investment across both energy and industrial value chains, and our expanding portfolio is increasingly aligned with the most attractive growth opportunities across our core end markets." "The successful closing of the Chart acquisition marks a major milestone in our evolution as a leading industrialized energy solutions company. Chart enhances our capabilities in thermal management, air and gas handling, compression and lifecycle services, while expanding our reach across attractive core and adjacent markets. The addition of Chart further advances our portfolio, broadens our growth opportunities, and enhances our ability to create long-term value for customers and shareholders. We are pleased to welcome Chart’s employees to Baker Hughes and look forward to their contributions as part of our team," concluded Simonelli. ( 1 ) Horizon 2 represents 2026-2028. * Non-GAAP measure. See reconciliations in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures." Three Months Ended Variance (in millions except per share amounts) June 30, 2026 March 31, 2026 June 30, 2025 Sequential Year-over-year Orders $ 10,501 $ 8,159 $ 7,032 29 % 49 % Revenue 6,742 6,587 6,910 2 % (2 %) Net income attributable to Baker Hughes 681 930 701 (27 %) (3 %) Adjusted net income attributable to Baker Hughes* 640 573 623 12 % 3 % Adjusted EBITDA* 1,231 1,158 1,212 6 % 2 % Diluted earnings per share (EPS) 0.68 0.93 0.71 (27 %) (3 %) Adjusted diluted EPS* 0.64 0.58 0.63 12 % 2 % Cash flow from operating activities 1,345 500 510 F F Free cash flow* 1,109 210 239 F F * Non-GAAP measure. See reconciliations in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures." Certain columns and rows in our tables an

HOUSTON and LONDON, July 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on Aug. 17, 2026, to holders of record on Aug. 7, 2026. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes: Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. For more information, please contact: Investor Relations Chase Mulvehill +1 346-297-2561 [email protected] Media Relations Adrienne M. Lynch +1 713-906-8407 [email protected] Source: Baker Hughes

Represents a major milestone in Baker Hughes’ ongoing portfolio management strategy to become a higher-value, leading industrialized energy solutions company Expect $325 million in annualized cost synergies by year three after close; commercial synergy opportunities represent additional upside Chart Industries will be a third operating segment, reflecting the scale and strategic importance of its differentiated capabilities HOUSTON and LONDON, July 16, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or “the Company”) today announced the successful completion of its acquisition of Chart Industries, Inc. (NYSE: GTLS) (“Chart”). This strategic transaction is a major milestone in Baker Hughes’ transformation into a higher-value, leading industrialized energy solutions company. The acquisition is expected to enhance Baker Hughes’ ability to deliver durable earnings and cash flow, driven by an expanded industrial portfolio and enhanced recurring aftermarket services. “ Chart’s thermal management solutions bring complementary capabilities and aftermarket service offerings that accelerate our portfolio strategy,” said Baker Hughes Chairman and Chief Executive Officer Lorenzo Simonelli. “Together, we will expand the solutions we deliver across a broader range of energy and industrial markets and create greater value for customers and shareholders. We welcome our new colleagues to Baker Hughes and look forward to working with them to deliver disciplined execution and maximize synergies as we move forward.” Baker Hughes Chief Infrastructure & Performance Officer Jim Apostolides has been appointed senior vice president to lead the Chart segment. Since July 2025, Apostolides has led a seamless and effective integration program to support strategic growth and operational synergy readiness. Apostolides has more than 25 years of operational and multi-industry leadership, previously serving as senior vice president of Enterprise Operational Excellence for Baker Hughes since 2020. “Congratulations to Jim on his well-deserved appointment as segment leader,” Simonelli added. “Jim’s business rigor, demonstrated through decades of global supply chain experience and operational leadership of large complex facilities around the world, makes him well-suited to lead implementation of the Baker Hughes Business System within Chart. We look forward to his leadership and continued success, quickly delivering value for our customers and shareholders as one company.” Chart will operate as a new reporting segment within Baker Hughes, reflecting the scale and strategic importance of its differentiated capabilities in air and gas handling, thermal management, and lifecycle services. The segment structure is intended to preserve Chart’s commercial and operational focus while enabling full integration and synergy capture across Baker Hughes. Chart reported $4.3 billion in revenue for fiscal year 2025 and currently serves customers in more than 50 countries, spanning sectors including gas infrastructure, nuclear, data centers, carbon capture and storage, space, geothermal and other high-growth industrial markets. Baker Hughes has launched a comprehensive integration program, leveraging its Business System to support operational alignment. The focus is on harmonizing product and technology platforms, engineering and commercial practices, and lifecycle and digital services. Early synergy capture in supply chain, functional support, and manufacturing is a priority, with a target of $325 million in annualized cost synergies within three years. The acquisition of Chart marks a significant step in Baker Hughes’ portfolio optimization and growth strategy. By streamlining non-core businesses and expanding into industrial and lifecycle-driven markets, Baker Hughes is committed to sustainable, long-term growth, improved capital efficiency, and enhanced value for shareholders. The Baker Hughes Board will continue its comprehensive evaluation, guid

Contracts awarded by Bechtel and Cheniere to supply primary liquefaction equipment, including main refrigerant compressors and gas turbines, for the first phase of the Sabine Pass Expansion Project Technology packages support an additional nameplate capacity of over 6 million tons per annum (MTPA) for Train 7 and boil-off gas re-liquefaction unit Services award provides fleet-wide gas turbine upgrades to enhance power, driving LNG production HOUSTON and LONDON, July 09, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday three substantial awards for Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked in the second quarter, comprise orders from Bechtel Energy Inc. (Bechtel) and Cheniere to supply liquefaction equipment for Train 7 and for a boil-off gas re-liquefaction unit, as well as an award for fleet-wide gas turbine technology upgrades. The equipment orders for Phase 1 of the Sabine Pass expansion project include seven PGT25+ G4 gas turbines driving 15 centrifugal compressors, enabling approximately 6 million tons per annum (MTPA) of additional LNG production capacity. Additionally, Baker Hughes will deliver upgrades across the entire fleet of installed aeroderivative PGT25+ G4 gas turbines at the Sabine Pass facility over a four-year period. These upgrades will help to increase the power output of the turbines to enhance LNG production capabilities, helping deliver efficiency across the facility’s current approximate 30 MTPA capacity. These upgrades, together with Train 7 and the boil-off gas re-liquefaction unit, are expected to add over 6 MTPA of capacity at Sabine Pass. The expansion and upgrade of the Sabine Pass LNG terminal support growing global demand for natural gas in energy and industrial applications, helping to deliver affordable energy supply. “These comprehensive technology solutions, from advanced liquefaction equipment to lifecycle services, help our customers expand LNG production and meet growing energy demand,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “Our differentiated portfolio of equipment, technologies and services enables us to deliver comprehensive solutions that help customers accelerate project execution, enhance reliability and unlock long-term value.” “We are pleased to continue our decades-long collaboration with Baker Hughes, a key partner in the development of Sabine Pass into one of the largest LNG facilities in the world,” said Cheniere Chairman, President and CEO Jack Fusco. “These equipment orders, lifecycle services and technology upgrades are critical to facilitate further optimization and efficiency upgrades throughout the Cheniere platform.” About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. For more information, please contact: Media Relations Chiara Toniato +39 3463823419 [email protected] Investor Relations: Chase Mulvehill +1 346-297-2561 [email protected] Source: Baker Hughes

Strategic agreement establishes framework for deployment of up to 1.8 GW of power generation capacity Initial major award includes approximately 1 GW of gas turbines and generators delivered by 2030 to support scalable, behind-the-meter power solutions HOUSTON and LONDON, July 08, 2026 (GLOBE NEWSWIRE) -- Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak”), a leading provider of critical energy infrastructure, and Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a multi-year strategic agreement under which Baker Hughes will provide power generation solutions to support Kodiak’s expanding energy infrastructure initiatives. The agreement is anchored by an initial equipment award that will enable approximately 1 gigawatt (GW) of reliable, scalable power generation capacity to be delivered by 2030, with the broader framework providing a pathway for up to 1.8 GW of power over time. The initial major order includes NovaLT™16 gas turbines, Frame 5 gas turbines and BRUSH™ Power Generation generators, providing core technologies to deliver dependable power for growing data center and energy infrastructure demand. Baker Hughes’ high-efficiency power generation technologies are expected to support behind-the-meter projects in key U.S. markets where accelerating electricity demand and grid constraints are increasing the need for flexible, rapidly deployable power infrastructure. "We are excited to embark on our relationship with Baker Hughes through this strategic agreement," said Kodiak’s President and CEO Mickey McKee. "Our customers require dependable, efficient and rapidly deployable power solutions, and access to Baker Hughes' industry-leading technology, training and support enhances our ability to meet that demand at scale. This framework supports our long-term strategy of expanding Kodiak's energy infrastructure capabilities while delivering exceptional reliability and value to our customers." "As demand for power continues to accelerate, driven by the rapid expansion of digital infrastructure and data centers, the ability to deliver reliable, efficient and scalable power solutions quickly is critical," said Baker Hughes Chairman and CEO Lorenzo Simonelli. "This agreement reflects the growing need for flexible power generation technologies; together, our gas turbines and generator technologies will help customers bring new capacity online faster to support the continued buildout of critical digital and energy infrastructure." The multi-year rolling agreement provides flexibility to align capacity commitments with evolving data center demand and phased project development schedules. Through the agreement, Kodiak expects to leverage Baker Hughes' power generation portfolio to support both existing operations and future growth opportunities. The framework is designed to foster closer commercial and technical collaboration between the companies, streamline project execution and reduce lead times for critical power infrastructure deployments. It also sets forth the companies’ commitments to technical training, the provision of spare parts and a mutual interest in entering into a long-term services arrangement for the equipment. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. About Kodiak Kodiak is a leading contract compression, distributed power, and energy infrastructure services provider in the United States. It serves as a critical link in the infrastructure chain that enables the safe, reliable and efficient production of energy. Headquartered in The Woodlands, Texas, Kodiak provides contract compression, distributed power, and related services to oil and gas producers, midstream customers,

HOUSTON and LONDON, June 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the second quarter ending June 30, 2026, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Sunday, July 26, 2026. A webcast to discuss the results will be held Monday, July 27, 2026, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on the website following the webcast. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. For more information, please contact: Investor Relations Chase Mulvehill +1 346-297-2561 [email protected] Media Relations Adrienne M. Lynch +1 713-906-8407 [email protected] Source: Baker Hughes

Subsea horizontal tree systems engineered to support reliable, optimized production in remote, ultra-deepwater environments Agreement expands Baker Hughes’ offshore operations in Angola, reinforcing its global subsea tree position HOUSTON and LONDON, June 25, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a significant award from Azule Energy to provide subsea production systems to support safe, efficient operations in Angola’s Greater PAJ development. Under the agreement, Baker Hughes will supply its deepwater horizontal tree systems to optimize production in the ultra-deepwater, greenfield development. In addition, the company will supply subsea control modules and intervention workover control systems, along with associated connection, distribution and topside equipment. Baker Hughes will also provide integrated tooling and services to support installation, commissioning and ongoing production performance from its facilities in Angola, leveraging its local supply chain to increase efficiencies. “Ultra-deepwater developments demand unmatched reliability and performance to ensure that production is safe, efficient and sustained over the life of the field,” said Baker Hughes Executive Vice President of Oilfield Services & Equipment Amerino Gatti. “By combining Baker Hughes’ industry-leading offshore production technology with expertise honed through decades of experience of operating Angola’s deepwater fields, we can help Azule optimize production and deliver energy more effectively across Sub-Saharan Africa.” The company’s deepwater horizontal tree systems are engineered for ultra-deepwater environments with an operating threshold of up to 10,000 psi and depths of 10,000 feet. The system’s modular, configurable design allows for fit-for-purpose configuration and short-cycle deliveries that help accelerate first production and support long-term field performance. Baker Hughes has extensive experience in Angola’s offshore energy sector, and the country is home to its largest subsea installed base in Sub-Saharan Africa. Delivery of subsea trees is expected to begin in 2027. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. For more information, please contact: Media Relations Brian Reynolds +1 346-315-6663 [email protected] Investor Relations Chase Mulvehill +1 346-297-2561 <a href="https://www.globenewswire.com/Tracker?data=hTpCqH0AyVkFsXxn5HYeb_Ud8FYNz_zDf7u86UPxVaA7G0K01YQA2eY4gex8bTk_rUiIMhKC2dMAy0y7V17G8PaSjhsLNXo67Bz_BMZ1ShNsSTXyq2zIDNMnpBo8iPxyjbp2-drserss0q2_oDDv1g==" rel="nofollow" targ

Collaboration aims to remove historical hurdles to scaling geothermal energy, targets installation of up to 500 megawatts of power in the next five years Projects will utilize Baker Hughes’ integrated portfolio of scalable, lower-carbon energy solutions HOUSTON and LONDON, June 24, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Mantle Reach Power, a dedicated geothermal development company backed by EnCap Energy Transition Fund III, announced Wednesday a new commercial agreement to facilitate the economically viable, financially sustainable large-scale deployment of geothermal energy in North America. The agreement underscores the parties’ shared commitment to advance the next generation of clean and reliable baseload power needed to meet the demand driven by electrification and the rapid growth of artificial intelligence and hyperscale computing – which require reliable, around-the-clock energy. Under this pioneer arrangement, Baker Hughes will act as an integrated subsurface solution provider, while Mantle Reach Power – drawing on EnCap’s deep bench of power and E&P expertise – will lead project development, ownership and financing. One of the most experienced energy investment platforms in North America, EnCap Investments has approximately $47 billion raised across 25 institutional funds. By combining Baker Hughes’ integrated subsurface and surface technologies with Mantle Reach Power’s geothermal development capabilities, the collaboration aims to dramatically accelerate project development and execution, optimize risk allocation, and materially enhance pre-construction bankability – historically one of the most significant barriers to scaling geothermal energy. The phased structure of the agreement integrates advanced technologies applicable to geothermal development, construction and operation, and supports the delivery of secure and renewable energy capacity. As the projects materialize, Baker Hughes anticipates it will provide its comprehensive portfolio of subsurface technologies, surface power generation and digital solutions to help de-risk, build and deliver up to 500MW of installed capacity, providing geothermal energy at an industrial scale and on competitive terms. “Geothermal is a clean power solution that is proving to be a vital contributor to advancing sustainable energy development, with incredible potential to enhance U.S. energy security, support digital infrastructure, and ensure energy remains accessible and affordable. We are proud that Baker Hughes’ integrated portfolio can help de-risk and deliver the technology and solutions required to provide reliable, affordable and clean energy,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “Today’s announcement celebrates the commercial architecture the industry has been missing: a repeatable, financeable model that can be deployed at the speed and scale to meet global energy demands.” “By aligning development capital, project finance expertise, and world-class technology, this collaboration addresses the fundamental challenges that have prevented large amounts of private capital from participating in geothermal deployment,” said Tim Rebhorn, Managing Partner, EnCap Energy Transition. “Together, we are creating a scalable model capable of delivering clean, firm power to the markets that need it most.” “Integrating Baker Hughes’ subsurface-to-surface expertise with our capabilities in project development, finance, and execution positions Mantle Reach Power to commercialize geothermal assets at scale,” said Nick Karambelas, CEO of Mantle Reach Power. “This structure provides the construction and operating certainty necessary to access conventional project financing and accelerate our growth as an independent

Service agreement covers parts, services and technical support for critical turbomachinery, including 2 NovaLT™16 gas turbines Scope includes iCenter™ digital services and engineering advisory to enhance equipment reliability and availability Agreement reinforces Baker Hughes’ commitment to supporting West Africa’s energy infrastructure and domestic supply HOUSTON and LONDON, June 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday an award from ANOH Gas Processing Company (AGPC) to provide comprehensive lifecycle services [that covers parts, repair services, engineering advisory] and iCenter™ digital services for turbomachinery equipment at the greenfield ANOH Gas Processing Plant in Nigeria, one of the nation’s critical onshore gas projects. The agreement underscores Baker Hughes’ role as a lifecycle solutions provider. The agreement builds on Baker Hughes’ relationship with ANOH Gas Processing Company. In 2019, Baker Hughes supplied an integrated power island solution for the facility, inclusive of two NovaLT™ 16 gas turbines – the first supplied in Sub-Saharan Africa – along with compressors and gears. The service agreement covers essential maintenance and repairs for the plant’s critical equipment, including two NovaLT™16 gas turbines . In addition to providing local engineering support, Baker Hughes will deploy iCenter™ digital services , powered by Cordant™, for remote monitoring and diagnostics to enhance equipment reliability, availability and optimized operations. “It is a pleasure to collaborate with a globally trusted energy technology leader like Baker Hughes on this critical project,” said James Makinde, Managing Director at ANOH Gas Processing Company. “The reliable performance of critical turbomachinery equipment is essential to the successful operation of the ANOH Plant and to delivering on Nigeria’s domestic energy supply goals.” “This long-term agreement is a testament to our successful collaboration with ANOH Gas Processing Company and the trust placed in our lifecycle service capabilities,” said Baker Hughes Chief Growth & Experience Officer and interim Executive Vice President of Industrial & Energy Technology Maria Claudia Borras. “We are leveraging our regional expertise and pairing it with our advanced digital technologies and services, supporting the delivery of reliable, efficient and affordable power solutions and helping Nigeria realize its goal to move to lower-carbon fuel sources.” The ANOH Gas Processing Plant is key to Nigeria’s strategy to develop its natural gas resources to support power generation and industrial use, along with accelerating the transition from traditional oil to cleaner-burning hydrocarbons. Work under the agreement will be delivered through the Baker Hughes Service Center in Port Harcourt, Nigeria, that employs local talent and delivers comprehensive lifecycle services. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide.

Integrated drilling and well services solutions support developments offshore Norway Intervention services extend the life and performance of existing wells in the North Sea HOUSTON and LONDON, May 28, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday two significant contract extensions with Equinor to provide integrated drilling and well services solutions, as well as wireline intervention services. These multi-year extensions will support Equinor’s offshore hydrocarbon production goals in the North Sea. Under the integrated drilling and well services contract, Baker Hughes will deploy holistic solutions for projects in both mature and greenfield developments. Baker Hughes will leverage capabilities across its Well Construction and Completions, Intervention and Measurement portfolios to support development on the Norwegian continental shelf. Advanced technologies, including Kantori ™ autonomous well construction solution and TRU-ARMS ™ advanced reservoir mapping services, will be used to efficiently develop offshore resources. Under the intervention contract, Baker Hughes will provide fully integrated intervention services that combine its suite of surface and downhole solutions with complementary technologies from service partners to extend the life and performance of offshore wells in the North Sea. The contract extension will expand the scope of service delivery of the Baker Hughes technology portfolio centered around the PRIME Technology Platform, supporting production optimization and emissions reduction across the Norwegian Continental Shelf. “Baker Hughes’ ability to provide holistic solutions that unlock incremental value for our customers has been proven through decades of operation in the North Sea,” said Baker Hughes Executive Vice President of Oilfield Services & Equipment Amerino Gatti. “From greenfield well construction operations to interventions that extend the life of mature fields, our innovative technologies and ability to integrate our services can help create a more secure energy future for Norway and all of Europe. We look forward to being part of this new chapter of collaboration with Equinor.” Baker Hughes has played a key role in Norway’s energy sector for decades, with thousands of employees and facilities across the country. Earlier this year, the company opened its new Subsea Services Center of Excellence and manufacturing plant in Dusavik, and it operates a <a href="https://www.globenewswire.com/Tracker?data=q02fPqpPvMrEbkdkNB9qSEE3IfrMcBa4nw_Nzfjhcoak0LlFawo

Expansion of well construction solutions utilizing advanced technologies to support oil & gas developments in pre-salt offshore fields Integrated solutions approach unlocks incremental value for complex operations HOUSTON and LONDON, May 26, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin. Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields. The company’s advanced portfolio – including the AutoTrak™ rotary steerable system , cutting-edge logging-while-drilling tools, and Dynamus™ extended-life drill bits – will be deployed across the construction portfolio of deepwater wells, enabling efficient access to subsurface reservoirs and supporting the ongoing development of Brazil's pre-salt oil & gas resources. This latest agreement builds on a well construction services award announced in early 2024 , further extending the scope and impact of Baker Hughes’ integrated drilling solutions in the region. The company’s integrated approach unlocks incremental value for complex operations, enhancing efficiency and innovation in offshore developments. “The success of this critical project illustrates the strength and capabilities of Baker Hughes’ comprehensive portfolio, offering an integrated, solutions-focused approach,” said Baker Hughes Executive Vice President of Oilfield Services & Equipment Amerino Gatti. “By combining innovative technology with a holistic view of project management, we are setting new standards for efficiency and safety in well construction.” The project will be executed through Baker Hughes’ Integration & Solutions team alongside Petrobras’ wells team, with the joint expertise enabling greater operational efficiency in Petrobras’ offshore well construction operations. In addition to specialized drilling solutions, the team will leverage technologies and expertise across wireline, cementing, wellbore clean up, fishing, remedial tools, fluids, services and geosciences. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at ba

First-quarter highlights Orders of $8.2 billion , including $4.9 billion of IET orders. RPO of $36.1 billion , including record IET RPO of $33.1 billion . Revenue of $6.6 billion , up 2% year-over-year. Attributable net income of $930 million . GAAP diluted EPS of $0.93 and adjusted diluted EPS* of $0.58 . <li style="margin: 6pt 0in 0.0001pt 0px; line-height: 120%; font-size: 12pt; fon

HOUSTON and LONDON, April 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on May 15, 2026, to holders of record on May 5, 2026. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes: Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com . For more information, please contact: Investor Relations Chase Mulvehill +1 346-297-2561 [email protected] Media Relations Adrienne M. Lynch +1 713-906-8407 [email protected] Source: Baker Hughes

Baker Hughes to sell Waygate Technologies business to Hexagon in an all-cash transaction for approximately $1.45 billion, before customary closing adjustments This transaction is consistent with Baker Hughes’ strategic approach to value creation and portfolio management HOUSTON and LONDON, April 13, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Monday that it has entered into an agreement to sell its Waygate Technologies business to Hexagon, a global leader in measurement technologies. The all-cash transaction is valued at approximately $1.45 billion, before customary closing adjustments. Waygate Technologies, part of Baker Hughes’ Industrial & Energy Technology (IET) segment, is a global leader in advanced non-destructive testing for the inspection of critical assets without disruption. The sale encompasses Waygate Technologies’ remote visual inspection, ultrasound, radiography, and imaging solutions portfolios, and all assets of the business, including intellectual property, footprint and resources. This divestiture, alongside the three recently completed transactions and the pending acquisition of Chart Industries, demonstrates Baker Hughes’ ongoing dedication to strategic, value-driven portfolio management. These actions are intended to enhance the durability of earnings and cash flow, with the proceeds further reinforcing the strength of the Company’s balance sheet. Through a disciplined, returns-focused capital allocation approach, Baker Hughes continues to strengthen its position for sustainable, long-term growth. “This transaction marks another significant milestone and reinforces our ongoing commitment to long-term value creation for our shareholders,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “By sharpening our focus on our core strengths – rotating equipment, flow control, digital, production optimization and decarbonization – we are strategically positioning Baker Hughes to deliver higher returns while accelerating investment in high-growth areas that are aligned with our long-term vision.” Hexagon, with headquarters in Stockholm, has approximately 24,500 employees in 50 countries. A global leader in precision measurement, positioning, and autonomous solutions, Hexagon provides the confidence that customers rely on to build, navigate, and innovate, driving productivity, quality, safety, and sustainability in industries like aerospace & defense, automotive, construction, general manufacturing and mining. The closing of the transaction is subject to customary conditions, including regulatory approvals, and is expected to close in the second half of 2026. J.P. Morgan Securities LLC is serving as exclusive financial adviser for Baker Hughes on this transaction. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. For more information, please contact: Media Relations Adrienne M. Lynch +1 713-906-8407 [email protected] Investor Rela

Baker Hughes to supply three NovaLT™16 gas turbines with three centrifugal compressors and related services for a pipeline project to support Argentina’s LNG exports These gas compression units mark the first use of Baker Hughes’ NovaLT™ gas turbine technology in South America, reflecting growing demand for high-efficiency, lower-emissions turbomachinery HOUSTON and LONDON, April 07, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina. The order consists of three NovaLT™16 gas turbines equipped with three centrifugal compressors, along with commissioning services, spare parts, special tools, and remote monitoring and diagnostic capabilities. This equipment will be installed at a gas compressor station near Allen, Río Negro, to support the transportation of natural gas from the Vaca Muerta formation to the Gulf of San Matias through a dedicated pipeline, providing feed gas to Southern Energy’s two floating LNG vessels. “This award underscores our continued focus on supporting critical gas infrastructure that enables secure, reliable and lower-emission energy systems as we expand our presence in strategic growth markets across Latin America,” said Baker Hughes Chief Growth & Experience Officer and interim Executive Vice President of Industrial & Energy Technology Maria Claudia Borras. “Natural gas plays a strategic role in strengthening energy security and enabling scalable pathways to global LNG markets, particularly in regions with significant resource potential such as Argentina.” The project also marks the first utilization of Baker Hughes’ NovaLT™ gas turbine technology in South America, reflecting growing demand for high-efficiency, lower-emissions turbomachinery with competitive delivery timelines. The NovaLT™16 platform was selected for its performance, efficiency, delivery advantages, and suitability for midstream gas compression applications supporting LNG value chains. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. For more information, please contact: For more information, please contact: Media Relations Chiara Toniato +39 3463823419 [email protected] Investor Relations Chase Mulvehill +1 346-297-2561 <a title="[email protected]" h

Collaboration brings Baker Hughes’ energy technology and expertise together with Google Cloud’s AI and digital capabilities to meet increasing data center power demands Project will seek to enhance how data center operators can apply digital intelligence to optimize how power is generated, managed and consumed HOUSTON, March 24, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) on Tuesday announced it is collaborating with Google Cloud to develop advanced AI-enabled power optimization and sustainability solutions for the rapidly growing global data center sector. Baker Hughes intends to combine complementary technologies and expertise to help address the increasing power demand driven by AI data center expansion. Announced during CERAWeek 2026, the collaboration comes as energy availability and resiliency continue to be strategic enablers for global data center growth. The companies will explore opportunities within data centers to unlock greater value from underutilized industrial and operational data. In addition, Baker Hughes will identify new pathways for efficient, optimized power use through Baker Hughes’ deep domain expertise in optimizing turbomachinery and power systems performance, alongside Google Cloud’s AI and data analytics. Baker Hughes will leverage Google Cloud and its broad ecosystem of digital partners to provide these AI-driven solutions at enterprise scale. “Infrastructure that powers the growing demand for AI and cloud computing is becoming one of the most critical drivers of global electricity needs,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “Through this partnership with Google Cloud, we are bringing together world-class power technologies and digital capabilities to help data center operators improve efficiency, enhance reliability, and accelerate progress toward lower carbon operations. This collaboration reinforces Baker Hughes’ role as an integrated partner for power generation, infrastructure and management in this fast-growing sector.” “Baker Hughes is bringing its proprietary energy technology and expertise, and Google Cloud is providing the advanced AI to help deliver these critical solutions,” said Matt Renner, president and chief revenue officer, Google Cloud. “By combining our AI with their century of leadership in industrial energy systems, Baker Hughes is helping companies create more efficient data centers for the future.” This collaboration also reflects Baker Hughes’ commitment to rewriting The Energy Equation™, the dynamic, interdependent cycle between industrial outcomes and energy sources. The unprecedented energy needs of AI and cloud computing exemplify how this equation is shifting, requiring new solutions that simplify complexity, modernize systems, and integrate capabilities across both sides of the energy-industry relationship. With a 100-year heritage of energy innovation, Baker Hughes is integrating digital solutions with the company’s proven turbomachinery technologies and power management systems to help customers achieve greater efficiency, extend asset life, and maximize returns. Learn more about the company’s end-to-end digital portfolio here . About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at <a href="https://www.globenewswire.com/Tra

Baker Hughes to supply gas compression and power generation technology for ST LNG’s proposed 8.4 MTPA LNG export terminal Scope to include two LM6000PF aeroderivative gas turbine driven centrifugal compressor trains and three NovaLT™16 gas turbine generator packages HOUSTON and LONDON, March 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and ST LNG, LLC announced Monday an agreement under which Baker Hughes will supply critical gas compression, power generation equipment, and project development support for ST LNG’s proposed 8.4 million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal offshore of Matagorda, Texas. As part of the agreement, Baker Hughes will provide two LM6000PF gas turbine-driven centrifugal compressor trains and three NovaLT™16 gas turbine generator packages, securing the necessary production capacity for the first phase of the project, which is expected to deliver 2.1 MTPA as part of a planned four-phase development. “As we advance toward completion of the project’s first phase, selecting proven technology from a reliable partner with deep domain expertise is essential,” said ST LNG CEO Sharad Tak. “Baker Hughes’ extensive experience across LNG projects, including complex offshore environments, provides confidence that the ST LNG facility will achieve first LNG in the second quarter of 2030. Their ability to deliver a comprehensive equipment solution, combined with their commitment to supporting project development, is a key enabler in advancing our deepwater LNG port.” "Our LNG solutions portfolio is designed to support a wide range of operational requirements, from large-scale onshore facilities to specialized offshore applications such as ST LNG’s,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “We look forward to working closely with ST LNG to deliver reliable, efficient and lower-carbon solutions.” The selection of Baker Hughes for this facility, to be located in U.S. federal waters, represents a significant milestone as the project progresses toward Final Investment Decision. Baker Hughes expects to recognize orders associated with this agreement as the project advances. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com . About ST LNG ST LNG LLC is proposing an offshore LNG export terminal near Matagorda, Texas. The privately held company made the project public in June 2025 as it pursued a key deepwater port license from the U.S. Maritime Administration. The proposed development will consist of up to four liquefaction units installed on fixed platforms, each with a nominal capacity of 2.1 MTPA, resulting in a total planned capacity of 8.4 MTPA. Initial production from the first phase is targeted for mid-2030. For more information, please contact: Media Relations Baker Hughes Chiara Toniato +39 3463823419 [email protected] ST LNG Alap Shah, PE President ST

HOUSTON and LONDON, March 20, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the first quarter ending March 31, 2026, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Thursday, April 23, 2026. A webcast to discuss the results will be held Friday, April 24, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com . An archived version will be available on the website following the webcast. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com . For more information, please contact: Investor Relations Chase Mulvehill +1 346-297-2561 [email protected] Media Relations: Adrienne M. Lynch +1 713-906-8407 [email protected] Source: Baker Hughes

Long-term agreement covers maintenance, repairs and advisory services for up to 64 aeroderivative gas turbines critical to Brazil’s offshore and refinery operations Work to be delivered from the Baker Hughes Service Center in Petrópolis, Rio de Janeiro, with plans for further expansion of capacity and capability, strengthening Brazil’s energy supply chain HOUSTON and LONDON, March 18, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a substantial 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations as well as a major refinery. The agreement was signed in February in Rio de Janeiro, following an open tender process, and covers essential maintenance, repairs and engineering advisory services. This agreement reinforces Baker Hughes’ commitment to lifecycle services, maintaining the performance and reliability of up to 64 aeroderivative gas turbines installed across several sites that are critical to Petrobras’ production continuity. These assets support stable, scalable energy output across approximately 19 floating production, storage and offloading (FPSO) vessels in Brazil’s offshore sector and at the Replan refinery in Paulínia, São Paulo. The FPSOs are equipped with Baker Hughes turbines, including the LM2500 and LM6000. “This strategic agreement reinforces our long-standing relationship with Petrobras and our enduring commitment to Brazil’s energy sector,” said Baker Hughes Chief Growth and Experience Officer and interim Executive Vice President of Industrial & Energy Technology Maria Claudia Borras. “Our advanced service solutions, delivered through our local service center, can help improve the reliability and operational efficiency Petrobras needs across its offshore and refining operations while strengthening its energy supply chain.” Baker Hughes has played a key role in the development of Brazil’s energy resources for several decades. The company’s strategy aligns with government local content requirements, with a focus on enhancing operational reliability to help strengthen the nation's economy and energy supply chain. Work under the agreement began in February 2026 and will be delivered through the Baker Hughes Service Center in Petrópolis, Rio de Janeiro. Established in 2010 to support Petrobras, the facility employs local talent and delivers a range of services including disassembly and assembly. Baker Hughes plans to expand the center’s capacity and capability footprint, adding advanced grinding capabilities to enhance service and reliability. The expansion will strengthen the local supply chain and employment opportunities, reinforcing Baker Hughes’ long-term commitment to Brazil. About Baker Hughes Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com . For more information, please contact: Media Relations Sarah Rowson +44 7787 527372 [email protected] Investor Relations: Chase Mulvehill +1 346-297-2561 [email protected] <img alt="" class="__GN

HOUSTON and LONDON, March 11, 2026 (GLOBE NEWSWIRE) - Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) today successfully issued $6.5 billion in debt consisting of five tranches of senior unsecured notes and €3 billion in debt consisting of four tranches of senior unsecured notes (collectively, the “notes”): $500 million 4.050% Senior Notes due 2029 $1.25 billion 4.350% Senior Notes due 2031 $750 million 4.650% Senior Notes due 2033 $2 billion 5.000% Senior Notes due 2036 $2 billion 5.850% Senior Notes due 2056 €600 million 3.226% Senior Notes due 2030 €900 million 3.812% Senior Notes due 2034 €750 million 4.193% Senior Notes due 2038 €750 million 4.737% Senior Notes due 2046 The notes were issued by Baker Hughes’ wholly owned subsidiary, Baker Hughes Holdings LLC (“BHH LLC”) and by BHH LLC’s wholly owned subsidiary Baker Hughes Holdings Co-Obligor, Inc. (“Co-Obligor” and, together with BHH LLC, the “Issuers”), and are fully and unconditionally guaranteed on

HOUSTON and LONDON, March 05, 2026 (GLOBE NEWSWIRE) - Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) today successfully priced a $6.5 billion debt offering consisting of five tranches of senior unsecured notes and a €3 billion debt offering consisting of four tranches of senior unsecured notes (collectively, the “notes”): $500 million 4.050% Senior Notes due 2029 $1.25 billion 4.350% Senior Notes due 2031 $750 million 4.650% Senior Notes due 2033 $2 billion 5.000% Senior Notes due 2036 $2 billion 5.850% Senior Notes due 2056 €600 million 3.226% Senior Notes due 2030 €900 million 3.812% Senior Notes due 2034 €750 million 4.193% Senior Notes due 2038 €750 million 4.737% Senior Notes due 2046 The notes will be issued by Baker Hughes’ wholly owned subsidiary, Baker Hughes Holdings LLC (“BHH LLC”) and by BHH LLC’s wholly owned subsidiary Baker Hughes Holdings Co-Obligor, Inc. (“Co-Obligor” and, together with BHH LLC, the “Issuers”), and will be fully and

Baker Hughes to provide 25 BRUSH™ Power Generation DAX 7 generators to complement Boom’s 42-megawatt Superpower aeroderivative turbines Combined power equipment will support Boom’s 1.21-gigawatt commitment to Crusoe for critical AI data center infrastructure HOUSTON and LONDON, Feb. 24, 2026 (GLOBE NEWSWIRE) - Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday an award to supply 25 BRUSH™ Power Generation electric generators, along with Automatic Voltage Regulators (AVRs) and cubicles, to Boom Supersonic. These specialized generators will be paired with Boom’s innovative 42-megawatt (MW) Superpower natural gas turbines to deliver highly efficient and reliable electricity for advanced artificial intelligence (AI) data centers. Building on a prior agreement signed in 2025 for six BRUSH™ Power Generation electric generators, these units will collectively deliver 1.21 gigawatts (GW) of onsite electricity capacity for Boom’s anchor customer, Crusoe. Boom’s

Baker Hughes will supply 10 Frame 5 gas turbines and associated equipment for data center projects in the U.S. Award marks a pivotal step toward Baker Hughes and Twenty20 Energy’s multi-gigawatt strategic collaboration for U.S. data center power generation HOUSTON and LONDON, Feb. 11, 2026 (GLOBE NEWSWIRE) - Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday an award from Twenty20 Energy, a power generation company focused on enabling next-generation AI and digital infrastructure, for 10 Frame 5 gas turbines and associated generator technology supporting up to 250 MW of power generation capacity. Initial deliveries are scheduled for 2027 and have been designated for Twenty20 Energy’s data center projects in Georgia and Texas. This significant order comes as Baker Hughes and Twenty20 Energy move toward a strategic agreement under which Baker Hughes will supply multi-gigawatt power generation equipment. The collaboration is designed to deliver