SLB and Rockwell Automation Complete Sensia Joint Venture Dissolution

HOUSTON, April 1, 2026 - SLB (NYSE: SLB) and Rockwell Automation, Inc. (NYSE: ROK) today announced the completion of the previously announced dissolution of their Sensia joint venture.

SLB has assumed ownership of the Lift Control, Measurement, Digital Solutions, and Edge Application businesses, while Rockwell Automation will take full ownership of the Process Automation & vMonitor products business. Both SLB and Rockwell Automation remain committed to ensuring a smooth transition and sustaining service excellence for customers worldwide.

With full ownership, SLB will further advance its portfolio in lift control, measurement, and digital solutions, enhancing value and operational insights for energy sector customers. The company's enhanced offerings, powered by industry-leading digital and measurement technologies, are designed to support clients' efficiency, reliability, and productivity goals.

About SLB

SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

Media

Josh Byerly - SVP of Global Communications
Moira Duff - Director of External Communications
SLB
Tel: +1 (713) 375-3407
Email: [email protected]

Investors

James R. McDonald - SVP of Investor Relations & Industry Affairs
Joy V. Domingo - Director of Investor Relations
SLB
Tel: +1 (713) 375-3535
Email: [email protected]

Cautionary Statement Regarding Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of the U.S. federal securities laws - that is, statements about the future, not about past events. Such statements often contain words such as "expect," "may," "can," "estimate," "intend," "anticipate," "will," "potential," "projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB's new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB's strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.