Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.23 per share of Class A common stock payable on Feb. 21, 2025, to holders of record on Feb. 11, 2025.

The dividend reflects a 10% increase, or $0.02, compared to the same quarter last year.

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+1 346-297-2561investor.relations@bakerhughes.com

Media Relations

Adrienne M. Lynch+1 713-906-8407adrienne.lynch@bakerhughes.com

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