Halliburton Appoints Maurice S. Smith as Lead Independent Director

Executive Summary

On September 16, 2026, Halliburton Company filed a Form 8-K under Item 8.01 (Other Events) announcing a leadership transition within its Board of Directors.

Key Event Details

• Appointment: On September 15, 2026, the independent directors of the Board elected Mr. Maurice S. Smith as Lead Independent Director, effective immediately.
• Term: Mr. Smith will serve until the next annual election of the Lead Independent Director by the independent directors, or until his earlier death, resignation, or removal.
• Compensation: In connection with the role, Mr. Smith will receive an additional annual cash retainer of $40,000, consistent with the non-management director compensation program disclosed in the company's proxy statement filed March 31, 2026.
• Predecessor Role: Mr. Robert A. Malone will step down from the Lead Independent Director role but will continue to serve as a member of the Board of Directors.

Market & Trading Impact

• Trading Significance: Low. This represents standard board succession and corporate governance rotation, with no immediate material impact on operational performance or capital structure.