CAMERON CANADA CORPORATION · Planning for your retirement is an important responsibility . For you and Cameron Canada, it’s a shared obligation . That’s why Cameron Canada offers

CAMERON CANADA CORPORATION R E T I R E M E N T A N D S AV I N G S P L A N

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WHO TO CONTACT

CONTENTSSection 1: Take Action! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 2Section 2: Learn . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 6Section 3: Invest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 12Section 4: Act . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 25Section 5: What happens… . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . page 26

Please note: The Company retains the right to amend, modify or terminate the Cameron Canada Corporation Retirement and Savings Plan at any time . However, no amendment will reduce any employee’s entitlements which had accrued prior to the date of the amendment, modification or termination .

Sun Life Financial Customer Care Centre: 1-866-896-6976 Universal Toll-Free Number (UTFN): (+1) 800-9876-5470 (Any business day: 6:00 a .m . to 6:00 p .m . MT)

Call collect: 514-866-2562 (Monday to Friday 6:00 a .m . to 6:00 p .m . MT)

Your Retirement and Savings Plan website: mysunlife.ca/Schlumberger

Group Retirement Services are provided by Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies.

http://www.mysunlife.ca/Schlumberger

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Planning for your retirement is an important responsibility . For you and Cameron Canada, it’s a shared obligation . That’s why Cameron Canada offers you a retirement plan that gives you choice—over both the types of plans you can use for your long-term savings as well as control over your investment decisions . To make sound decisions, it’s important that you set aside time to learn about the different plans and investment options within the Cameron Canada Retirement and Savings Plan . You need to truly explore your choices to discover your full retirement savings potential .

Now, it’s your move—it’s your money and your future . Saving at work makes it even easier to attain your goals whether you are just starting your career, midway through it or close to retirement .

This guide has everything you need—practical information to help you enroll and save in the Cameron Canada Retirement and Savings Plan—with lots of additional information at mysunlife.ca/Schlumberger .

So take some time to focus on the financial side of life, and review the information that follows . Investing a little time now can start you on the path to achieving your short- and long-term savings goals .

A representative from Sun Life Financial will give you a welcome call to help get you started and guide you through enrollment . This includes help with understanding your investment options .

WELCOME TO YOUR

PROGRAM@WORK

Group Retirement Services are provided by Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies.

http://mysunlife.ca/Schlumberger

The checklist below tells you what you need to do to start participating in the plan . If you have any questions, contact the Sun Life Financial Customer Care Centre at 1-866-896-6976 .

Use your tablet, smartphone or computer to visit the Cameron Canada mobile companion for anytime access to plan enrollment information . Go to mysunlife.ca/Schlumberger today!

Watch the mail for your welcome letter from Sun Life Financial that includes your account number; you will need this to register for your online sign-in/access ID and password to sign in to mysunlife.ca/Schlumberger .

If you have not received your welcome letter you can register with your account number and the last three digits of your Social Insurance Number (SIN) . Your account number is 19739 followed by your GIN . For example, if your GIN is 11111, then your account number is 1973911111 . Simply visit mysunlife.ca/Schlumberger and select Register .

Register on mysunlife.ca/Schlumberger, using the account number in your welcome letter . Go to mysunlife.ca/Schlumberger > Register. Then, follow the steps provided . Once you have registered, you will have your personal sign-in/access ID and password, which will enable you to manage your plans online on an ongoing basis .

Enroll. Once you have signed into mysunlife.ca/Schlumberger, select my financial centre > Requests > Enrol > Let’s get started . At the bottom of the screen, you will see a box that says “Add a plan” . Select the plan you want to join, e .g ., DCPP, and select “Save and continue” . Then follow the prompts to complete your enrollment . Also, complete your profile information (e-mail address and phone number) . This will allow Sun Life to keep you up to date with your plan .

Reach out to a team of experts for one-on-one personal advice on the funds in your plan at 1-866-896-6976 .

Make investment selections for all of your accounts. You will need to set up investment direction for both your contributions (all accounts that you have) and Cameron Canada’s contributions (DCPP only) .

Sign in to mysunlife.ca/Schlumberger > my financial centre > Requests > Change investments .

If you do not make an active selection for your mandatory account (DCPP), your account balances and future contributions will be automatically invested in the Sun Life Financial Granite™ Target Date Segregated Fund that is closest to, but not exceeding, your 65th birthday . This is the Cameron Canada default fund .

Designate a beneficiary today!

Designating a beneficiary ensures that your plan assets are distributed according to your wishes in the event of your death .

Designate a beneficiary for your retirement and savings plans, or review and update your beneficiary information, quickly and simply .

Simply sign in to mysunlife.ca/Schlumberger using your sign-in/access ID and password, then go to my financial centre, click on Quick Links, and select Beneficiary info .

Take action today and be sure this important information is up to date!

Shortly before your automatic enrollment in the plan, Sun Life Financial will give you a call to make sure all of your questions are answered, help you with any parts of the enrollment process that remain outstanding, and make sure you understand the tools and resources available to help you manage your account .

SECTION 1: TAKE ACTION!

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http://mysunlife.ca/welcometoschlumberger






ENROLL NOW—IT’S EASY!

Cameron Canada offers you different ways to save for your retirement:

Defined Contribution Pension Plan (DCPP)—As a member, you are eligible to enroll in the DCPP immediately . Cameron Canada is required to contribute an amount equal to 3 .5% of your earnings to the Year’s Maximum Pensionable Earnings (YMPE), plus an additional 2 .5% of your earnings that are above the YMPE (to a maximum of 6%) . You are not required to contribute in order to receive these contributions .

You can contribute 3% of your earnings to your DCPP and your employer will provide a 100% match . You can also contribute more, between 3% to a maximum of 5% . Cameron Canada will offer a 50% match on the additional 2% you contribute . The maximum employer match is equal to 4% of your earnings .

See the table below for details:

Your contribution Employer Match

1% 1%

2% 2%

3% 3%

4% 3.5%

5% 4%

• Registered Retirement Savings Plan (RRSP)—Voluntary, non-matched account . There are no Company contributions .

• Tax-free Savings Account (TFSA)—Voluntary, non-matched account . There are no Company contributions .

• Non-registered Account (NREG)—a non-registered plan that functions as a savings account . You will have an NREG account only for DCPP contributions in excess of the annual Canada Revenue Agency (CRA) limits .

Whether you’re just starting your career, building a family, getting back on track or planning your retirement, Sun Life Financial is with you for the long term and can show you how to take advantage of everything your plan has to offer . For questions, call 1-866-896-6976 to access Sun Life Financial’s automated telephone system 24 hours a day, seven days a week, or talk to a Customer Care Centre representative any business day from 6 a .m . to 6 p .m . MT . Service is available in more than 190 languages .

Remember: you can make changes

to your contribution percentages

at any time .

Visit mysunlife.ca/Schlumberger

> my financial centre > Requests

> Payroll contributions

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Upon hire, you will be automatically enrolled in the DCPP at a 5% contribution rate . This ensures that you receive the maximum match from the company . You can reduce your deduction if desired through the website or the Sun Life Financial Customer Care Center .

SECTION 1: CONTINUED

BETH One lesson my parents taught me was to split my income into three savings “buckets .” The first bucket of savings is to help me meet my day-to-day expenses, the second bucket is to provide funding for medium-term goals (like buying a car, or taking a special trip), and the third bucket is for long-term investing . It’s been tempting to skip one or the other from time to time, especially when it comes to saving for something so far out in the future, but I’m really glad I’ve had the discipline to stick to my plan . Starting early is really going to pay off for me .

Here’s an example of what I am aiming for:

• If I invest $100 a month starting at age 25, until I reach age 60, I will save $135,172 .43*

• If I wait until age 40, and start investing $200 a month until I reach age 60, I will save $90,149 .46* * assuming a net rate of return of 5.75%

Makes a lot more sense to me to start as soon as I can—not only will I accumulate more money, but it will make it a lot easier for me when I get older!

Remember: you can make changes

to your contribution

percentages at any time .

Visit

mysunlife.ca/Schlumberger

> my financial centre

> Requests

> Payroll contributions


mysunlife.ca/Schlumberger

is the online enrollment

and information website

for your Cameron Canada

Corporation Retirement

and Savings Plan .

You can access this site from

anywhere you have internet

access .

You can also join the voluntary RRSP or TFSA .

To enroll in any plan under your Cameron Canada Corporation Retirement and Savings Plan, visit mysunlife.ca/Schlumberger > my financial centre > Requests > Enrol and follow the prompts .

MAKE THE PLAN WORK FOR YOU

There are 3 steps to making the most of your Cameron Canada Corporation Retirement and Savings Plan:

Step 1: Learn: Understand the plan components in your Plan (DCPP, RRSP, TFSA)

Step 2: Invest: Understand the types of investments available to you and your individual approach to risk and return

Step 3: Act: If you’ve decided on a contribution rate and chosen your investments, you’re well on your way . See page 2 at the front of this brochure for instructions on how to enroll . But enrolling doesn’t mean you’re done . In fact, managing your retirement savings is an ongoing job . Make a plan to regularly check your account .




ABOUT YOUR CAMERON CANADA CORPORATION RETIREMENT AND SAVINGS PLAN

The Defined Contribution Pension Plan

The DCPP forms the foundation of your retirement savings . Both you and Cameron Canada contribute to the plan:

Cameron Canada contributes an amount equal to 3 .5% of your admissible compensation, up to the Year’s Maximum Pensionable Earnings (YMPE), and an amount equal to 2 .5% of your earnings in excess of the YMPE .

You may contribute between 0 and 5% of your admissible compensation; and

Cameron Canada will match your contributions—dollar for dollar—to a maximum of 3% of your earnings . If you choose to make additional contributions between 3% and 5%, Cameron Canada will match the last 2% at a rate of 50% .

What this means is that with your 5% contribution plus Cameron Canada’s basic and matching contribution, you could be saving up to 15% of your admissible compensation in your DCPP, up to the limits set by the Canada Revenue Agency . What’s more, you’ll be deferring tax on your contributions—and any investment gains—until you receive it as retirement income .

You choose how your contributions and Cameron Canada’s contributions are invested . You can learn more about your investment options in the INVEST section of this booklet, starting on page 12 .

Registered Retirement Savings Plan

An RRSP is a plan to which you can make voluntary contributions and which helps you save for retirement . All contributions made to your RRSP are tax-deductible and all investment earnings are tax-sheltered .

What’s admissible compensation?Admissible compensation includes base pay, overtime, bonuses, commissions and geographical coefficients .

SECTION 2: LEARN


Tax-free Savings Account

A TFSA is an account funded with after-tax dollars, providing the benefit of tax-free investment gains .

Non-registered Account

An NREG account is funded with after-tax dollars . You will only have an NREG account if your DCPP contributions exceed the annual Canada Revenue Agency (CRA) limits .

SUZANNE Through payroll deduction, I realize immediate tax savings by making additional contributions to the pension plan . Instead of waiting for my tax return, I have the ability to make my contributions through payroll deductions and they are made pre-tax, which means more bang for my buck .

Through payroll deduction, I can make a $500 registered contribution every month, but it only costs me $300!

The other advantage of making purchases over a regular period of time rather than in one lump sum is that I average the cost of my investments rather than running the risk of buying in bulk when the price is at its highest . This is called dollar-cost averaging and, over time, proves to be the best way of smoothing out costs .

No payroll deduction Payroll deduction

Gross salary $6,000 $6,000

Voluntary pension contribution None $500

Taxable income $6,000 $5,500

Tax (assuming 40% tax rate) -2,400 -2,200

After-tax pay $3,600 $3,300

You’ll need a beneficiary… just in case You need to name a beneficiary for each plan (DCPP, RRSP, TFSA) to receive benefits in the event of your death. You may change or alter your beneficiary designation at any time through Sun Life Financial, the plan’s record keeper, online at mysunlife.ca/Schlumberger. Sign in, select my financial centre > Quick Links > Beneficiary info, or by phone.

For your DCPP, your beneficiary will automatically be your spouse, regardless of any other beneficiary you have named, unless your spouse signs a waiver. If you do not have a spouse or another beneficiary when you die, benefits will be paid to your estate. If you do not have a beneficiary, benefits from your plan will be paid to your estate, even if you have a spouse.

The definition of “spouse” varies by province.

Defined Contribution Pension Plan

Eligibility Immediate.

Fees paid by Cameron Canada? No.

Type of contributions (employer/employee) Employee and employer.

Your contributions As a member, you can contribute to between 0% and 5% of your admissible compensation to your pension plan. Cameron Canada will provide a match of 100% to the first 3% you contribute. If you wish to contribute an additional 2%, Cameron Canada will provide a 50% match.

Cameron Canada’s contributions As a member your employer is required to contribute an amount equal to 3.5% of your admissible compensation up to your Year’s Maximum Pensionable Earnings (YMPE). Cameron Canada will also contribute an additional amount equal to 2.5% of your earnings in excess of your YMPE. You are not required to contribute in order to receive these basic contributions.

Are contributions tax-deferred?* Yes.

Are savings subject to tax on capital gains or investment income earned

while in the plan?

No.

Are there taxes to be paid on withdrawal?

N/A.

Withdrawals while in the plan? No.

Contribution limits for 2018

NOTE: Contribution limits change annually

$26,500.

*The term “tax-deferred” means that you don’t pay tax on the income used to fund the contributions to your DCPP when the money is deducted from your paycheque but you do pay tax when you withdraw the money.

HERE’S AN OVERVIEW OF YOUR PLAN FEATURES:


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Registered Retirement Savings Plan Tax-free Savings Account

Immediate. Immediate.

No. No.

Employee only. Employee only.

You can contribute money to your RRSP, however, there are limits on how much you can contribute each year to the plan as set by the Canada Revenue Agency (CRA). You can find out how much RRSP contribution room you have for the current year in the most recent Notice of Assessment you receive from the CRA. Your employer will not match the contributions you make to the plan.

You can contribute money to your TFSA, however, there are limits on how much you can contribute each year to the plan as set by the Canada Revenue Agency (CRA). You can find out how much TFSA contribution room you have for the current year in the most recent Notice of Assessment you receive from the CRA. Your employer will not match the contributions you make to the plan.

N/A. N/A.

No. N/A.

No. No.

Yes. No.

Yes. Yes.

Check your Notice of Assessment from CRA. $5,500A TFSA lets you carry forward unused contribution room, and amounts you withdraw can be added back to the available contribution room the following year. See the FAQ on Enrollment Central to understand how to find out your contribution room.

Saving two dollars a day—one

less coffee—can add up to

$4,200 in five years.

(This assumes a 5.75 per cent annual rate of return.)

DID YOU

KNOW?


SECTION 3: INVEST

Now that you know how the Cameron Canada Corporation Retirement and Savings Plan works, it’s time to think about making some decisions . While saving your money is the first step, investing your savings is important to make your money grow . Invested money can earn interest and dividend income, and can generate capital growth, like the growth in the value of a home . These earnings are needed to keep your savings a step ahead of inflation and to ensure you have enough money for your future . Here are your three key steps:

• Set your financial goals

• Decide on your contribution rate

• Choose your investment approach

SET YOUR FINANCIAL GOALS Think carefully about what you really want to do when you retire . Set a target . Think about your retirement lifestyle .

Do you plan to stay close to home and spend time with family? Or are you planning to do a lot of travelling? What about hobbies or leisure activities?

We’ve used examples to illustrate

important concepts . These illustrations

are based on historical information

and are not intended to predict future

results . The assumed rates of return do

not represent the performance of any

particular investment . Investment returns

will fluctuate over time . The information

in this booklet is for educational purposes

only and should not be interpreted as

investment advice .


The amount of retirement income you’ll need relates directly to the lifestyle you envision . To give you a starting point, many experts suggest that the average Canadian will need between 60% and 80% of pre-retirement income to maintain his or her current standard of living into retirement .

But knowing exactly how much you’ll need is harder to figure out . Many things come into play:

• Will you have paid off your mortgage or downsized to a smaller home?

• What about your medical costs? Do you expect them to increase?

• Will you still be paying for children’s education?

Your Cameron Canada Corporation Retirement and Savings Plan is designed specifically to help you save for these costs in retirement . But this will likely not be your only source of retirement income . Government programs and personal savings are also important components of your retirement plan, and don’t forget about any pension benefits earned with previous employers .

DECIDE ON YOUR CONTRIBUTION RATEThe Cameron Canada Corporation Retirement and Savings Plan makes it easy to save . You can save as little as 3% of your admissible compensation to receive the 100% match in Cameron Canada contributions—but why not save 2% more and maximize your savings? You’ll defer tax and you’ll be putting aside 15% of your income towards your retirement, but, with the tax savings, you’ll be contributing less than half of that amount .

How long till you retire?Knowing your time horizon will help you set a strategy for meeting your financial goals . How far away from retirement are you? For example, let’s say you’re retiring in five years . Your investment strategy will be quite different from someone who has 30 years before retirement . Keeping your investment time horizon in mind will be important when it comes to thinking about your investment options . It’s worth completing the Retirement planner tool on mysunlife.ca/Schlumberger .

We want you to maximize your retirement incomeThat’s why Cameron Canada sets a default employee contribution rate of 5% of your admissible compensation for those who don’t actively enroll in the plan . A 5% employee contribution means that you automatically receive the maximum 4% match from Cameron Canada .




CHOOSE YOUR INVESTMENT APPROACH The Cameron Canada plan offers a variety of investments to choose from, with two distinct investment approaches: Built FOR Me and Built BY Me .

Look for more information on target date funds on the Cameron Canada online at mysunlife.ca/Schlumberger. Simply log in using your sign-in/access ID, and from the Home page select Investment performance .

BUILT FOR METhe Built FOR Me approach is made up of target date funds structured to coincide with a key life event such as retirement . Target date funds have asset mixes that adjust automatically as you get closer to your target date (the date when you expect to need your money) . All you have to do is select the date when you will need your money; for example, your planned retirement year or the year you reach age 65, and then choose the target date fund closest to, but not exceeding, this date .

Example: If you are aged 36 in 2020, you would select a target date fund with a maturity date closest to but not exceeding 2049, i .e . the year you turn 65 . This would be the Granite™2050 fund .

Fund Category Fund Name

Target date Sun Life Financial Granite™ 2020 Segregated Fund

Sun Life Financial Granite™ 2025 Segregated Fund







Sun Life Financial Granite™ Retirement Segregated Fund



Sun Life Financial Granite™ Target Date Segregated Funds help you invest based on your investment time horizon – meaning when you need your money . Each fund’s asset mix automatically becomes more conservative (less risky) as the fund gets closer to its target date .

These funds invest in a mix of underlying funds managed by some of the best investment managers from around the world . At maturity, a fund’s assets transfer to the Sun Life Financial Granite™ Retirement Segregated Fund, which is designed for investors who plan to begin drawing an income from their savings .

The illustration below shows the evolution of the Sun Life Financial Granite™ Retirement Segregated Funds become more conservative (less risky) as they approach their maturity date .*

The following examples illustrate how the Sun Life Financial Granite™ Target Date Segregated Funds provide growth potential to early savers and gradually become more conservative as your retirement target date approaches . As the fund draws closer to maturity (the date of the fund), the asset allocation evolves and the higher risk investments, such as equities, will decrease while the lower risk investments, such as fixed income, will increase over the life of the funds . Following maturity, unless you make a different decision, the assets in the fund will automatically be transferred into the Sun Life Financial Granite™ Retirement Fund .

2055

The asset mixes for the funds above are for illustration purposes onlyand are subject to change at any time without notice.

20502045

20402035

2030

2025

2020

Retirementfund

CashFixed IncomeCanadian EquityU.S. Equity

International EquityOthers


Bill’s case study

Bill is in his mid-twenties; he’s busy starting his career, planning a wedding and buying a house. Between upgrading his skills and managing his personal life, he doesn’t have much time to think about investing. Bill just wants to put some money away for his future; he doesn’t want to spend too much time managing a portfolio. Since Bill plans on retiring when he’s 65, he chooses the 2055 Sun Life Financial Granite™ Target Date Segregated Fund.

2055 Sun Life Financial Granite™ Target Date Segregated Fund*

Fixed IncomeCash Canadian Equity U .S . Equity International Equity Others

Asset mix evolution

Asset mixes adjust gradually over time as you approach your target dateToday Retirement

higher risk lower risk


Beth’s case study

As a single parent who just started a new job, Beth, 42, is busy balancing work with the demands of her family. With so much on her plate, she wants to save as much as she can and not think about it. Beth hopes to retire at 65 (even though she may have to work longer), so she selects the 2040 Sun Life Financial Granite™ Target Date Segregated Fund.


Asset mix evolution




Carol’s case study

Carol is so close to retirement she is actively planning her future. At 55, she has 10 or less years of work left. She wants to make sure she has a diversified portfolio that’s moving to a more conservative asset mix as she reaches retirement. To achieve this investment objective, she invests her money in the 2025 Sun Life Financial Granite™ Target Date Segregated Fund.


Asset mix evolution



*Portfolio mixes are for illustration purposes only, and do not represent actual allocation of funds.

YOU SHOULD CONSIDER A TARGET DATE FUND IF YOU:

• have a good idea of when you will need your money;• have little interest in actively managing your portfolio, or feel you lack the knowledge or experience to manage your

portfolio; and • are comfortable with the fund’s strategy of decreasing levels of risk and potential returns as you approach your

retirement date .

IF YOU DECIDE TO INVEST IN ONE OF THE TARGET DATE FUNDS, ALL YOU HAVE TO DO IS:

1 . determine your target date; and 2 . invest in the fund that most closely matches this date (which is in the name of the fund) .



If you would like to build your own portfolio, you should know that there are different types of risk that can impact your investments . Before you use the Built BY Me approach, you should understand the different types of risk and how to manage risk . All investments carry some level of risk—as well as the potential for reward . The table below describes some different types of risk .

Your risk comfort level You can get an idea of your risk comfort level by completing the Asset allocation tool (also known as the Investment Risk Profiler) on mysunlife.ca/Schlumberger . A paper version is included here . Once you’ve understood the different types of risk, you need to know how to manage risk .

TYPES OF RISK

This is the likelihood that the value of your investment will go up—or down—over time . Market risk is really the volatility of the investment . Typically, volatility is higher in the short term but decreases over time . Equities are most often associated with market risk because of the ups and downs in the stock market; however, bonds can also be volatile since their values fluctuate with interest rate changes .

This is the likelihood that the value of your investment will not keep pace with inflation over the long term . Inflation risk is low in the short term but increases over time . Fixed-income investments typically have a higher level of inflation risk .

Market risk Inflation risk

DID YOU

KNOW?

The investments in your Cameron Canada Plan are held

in segregated funds . Your workplace savings are held in

a separate account and are “segregated” from Sun Life

Financial’s other assets . The value of your segregated fund

assets and their rates of return are not guaranteed .



5 . With the four results below, how would you invest $10,000?

a . A guaranteed return of $500 . 1 point

b . The potential of earning $800 but the risk of earning only $300 . 10 points

c . The potential of earning $1,200 but the risk of earning nothing . 20 points

d . The potential of earning $2,500 but the risk of losing $1,000 . 30 points

6 . If your investment dropped in value by 20% in one month, how would you react?

a . I’d cash in my investment immediately . 1 point

b . I’d make no changes until the value recovers and then re-evaluate . 10 points

c . I’d do nothing . I understand my investments will fluctuate from day to day, but believe they will grow over the long term . 20 points

d . I’d invest more while the prices are low . 30 points

7 . How would you describe your investing personality?

a . I don’t like risk and can only tolerate moderate losses . 1 point

b . I’m willing to take some risk and can tolerate one year of poor returns . 10 points

c . I can tolerate more than one year of poor returns . 20 points

8 . Which of the following statements best describes your investment knowledge?

a . I’m a novice investor . 1 point

b . I have some knowledge . 10 points

c . I have good working knowledge . 20 points

d . I consider myself an investment pro . 30 points

Add up your points for your total score:

INVESTMENT RISK PROFILER

A quiz that matches your personality to your money While growing your money is important, it’s equally important that you’re able to sleep at night . This tool will help you determine your tolerance for investment risk, and, in turn, help you select the investment options that are right for you . Answer each of the following questions, keeping your objective in mind .Answer each of the following questions, keeping your objective in mind .

1 . Which statement best describes your comfort level with fluctuations in the value of your investments?

a . I’d be very upset if my investments dropped in value over any period of time . 1 point

b . I’m willing to accept a lower, more predictable rate of return as long as fluctuations in the value of my investments are small . 10 points

c . I’m willing to accept some fluctuations in the value of my investments as I’m seeking a higher rate of return . 20 points

d . I want the highest rate of return possible, and understand the value of my investments can fluctuate significantly . 30 points

2 . How long will you leave this money invested before you’ll need a significant portion of it for your stated objective?

a . Less than 5 years . 1 point

b . 5-10 years . 10 points

c . 11-20 years . 20 points

d . More than 20 years . 30 points

3 . How likely is it that you’ll need access to a large portion of this money earlier than expected? (E .g . taking early retirement)*

a . Very likely . 1 point

b . Somewhat likely . 10 points

c . Unlikely . 20 points

d . I won’t need access to any of the money in this plan early . 30 points

* Early retirement is defined by pension legislation and can vary by jurisdiction .

4 . Which of the following pattern of returns would you be most comfortable with? Assume an initial amount of $5,000 invested for 10 years .

a . Your investment grows without losses to $8,100 . However, in one of the years the value of your portfolio does not increase . 1 point

b . Your investment grows to $10,100 in year 10, but slightly declines in value in two of the years . 10 points

c . Your investment grows to $12,400, but significantly declines in value in three of the years and was worth only $3,500 after the first year . 20 points

My total score is

YOUR RISK PROFILE

Match your total score from the Investment risk profiler to one of the risk profiles below .

A score of 35 points or less — Conservative

You have a need for a predictable flow of income or have a relatively short investment horizon . Your tolerance for volatility is low and your primary goal is capital preservation .

A score of 36 to 85 points — Moderate

You seek a regular flow of income and stability, while generating some capital growth over time . Your tolerance for volatility is moderate and your primary goal is capital preservation with some income .

A score of 86 to 145 points — Balanced

You’re looking for long-term capital growth and a stream of regular income . You’re seeking relatively stable returns, but will accept some volatility . You understand that you can’t achieve capital growth without some element of risk .

A score of 146 to 190 points — Growth

You can tolerate relatively high volatility . You realize that, over time, equity markets usually outperform other investments . However, you’re not comfortable having all your investments in equities . You’re looking for long-term capital growth with some income .

A score of 191 points or more — Aggressive

You can tolerate volatility and significant fluctuations in the value of your investment because you realize that, historically, equities perform better than other types of investments . You’re looking for long-term capital growth and are less concerned with shorter-term volatility .

Cash equivalents*

Bonds (fixed income)

Canadian equity

U .S . equity

International equity

* Bonds (fixed income) is the lowest-risk asset class available under the Cameron Canada Retirement and Savings Plan .

Once you enroll, you can access the Investment risk profiler on mysunlife.ca . Simply sign in using yoursign-in/access ID and password then select my financial centre > Resource Centre > my money tools > Continue .


How to manage risk There are two key investment strategies to help you reduce your exposure to risk, especially market risk: diversifying your investments (not putting all your eggs in one basket) and dollar-cost averaging (putting your eggs in the basket one at a time rather than all at once) .

• Diversification

This is simply spreading your savings among several different types of investments . By doing so, you’ll have a better chance of avoiding the steep ups and downs in any one type of investment . Instead, if some investments drop in value, others could gain or hold their value to offset the decrease .

There are two ways to take advantage of diversification in the Cameron Canada Plan:

o you can choose your own diversified investment mix (this is known as the Built BY Me approach); or

o you can choose the default fund, which uses a diversified investment approach to manage risk (this is known as the Built FOR Me approach . Your Cameron Canada default fund is a target date fund— the Sun Life Financial Granite™ Target Date Segregated Fund closest to, but not exceeding, your 65th birthday .

• Dollar-cost averaging

The idea behind dollar-cost averaging is to invest the same each month—which you do automatically with the Cameron Canada DCPP . By doing so, more fund units are purchased when prices are low and fewer units are purchased when prices are high . The point of this is to lower the total average cost per unit of the investment . This allows you to take advantage of changes in the price of the units you’re buying and selling . Assuming you invest an equal amount each time, it has been observed that over the long term:

o you’ll likely buy more units at lower prices; and

o you’ll likely buy fewer units at higher prices .

To take advantage of these strategies, you need to understand the risk levels in the different types of investments in your plan .


20 | S C H L U M B E R G E R | New Hire Guide

For advice on the investments

available in the Cameron Canada

Corporation Retirement and Savings

Plan, use my investment advice,

a service available through the Sun

Life Financial Customer Care Centre

at 1-866-896-6976 . A specialized

professional will help you understand

more about your investments .

Risk levels in different types of investments

Bond (fixed income) funds:

These invest in bonds issued by governments and corporations . They are generally riskier when interest rates change . Bond fund values go down as interest rates go up, and vice versa .

Equity funds:

These invest mainly in stocks . When you buy a stock, you are buying an equity ownership share in a company . Equities tend to be more volatile than other types of investment funds, but have historically provided the best returns over long periods . Equity funds will often specialize in different parts of the world, different geographic areas or different economic sectors, or use a particular investment strategy, all of which affect their risk level .

Now that you know a little more about risk and return, you are ready to look at the Built BY Me approach to investing .

Understanding risk versus return

Low Risk High

Equities

Bond

Low

Re

turn

H

igh



Fund Category Fund Name

Fixed income / Bond PH&N Bond Segregated Fund

Templeton Global Bond Segregated Fund

Canadian equity CC&L Group Canadian Equity Segregated Fund

Foreign equity BlackRock U .S . Equity Index Segregated Fund (TFSA)

BlackRock U .S . Equity Index Segregated Fund (DCPP/RRSP)

MFS Global Equity Segregated Fund

MFS International Equity Segregated Fund

To find your fees online go to mysunlife.ca/Schlumberger > my financial centre > Accounts > Account Fees .

Look for more information on Built BY Me funds on the Cameron Canada mobile companion at mysunlife.ca/Schlumberger .

BUILT BY ME The Built BY Me approach allows you to create your own portfolio from a list of specially selected funds (see chart below) and is best suited to individuals who want to actively choose and monitor their investments . If this is your preferred approach, it is advisable to complete the online Asset allocation tool, which will help you understand your personal risk tolerance . Go to mysunlife.ca/Schlumberger > my financial centre > Quick Links > my money tools and follow the steps . Based on your risk profile results, you can choose from the funds shown in the table below to create a portfolio that matches the asset mix recommended by your risk profile .

Look for more information on Built BY Me funds on the Cameron Canada mobile companion at mysunlife.ca/Schlumberger .

Built BY Me funds available in your plan


http://mysunlife.ca/welcometoschlumberger

http://www.mysunlife.ca/Schlumberger

http://www.mysunlife.ca/welcometoschlumberger


BUILT FOR ME OR BUILT BY ME . . . WHICH APPROACH IS RIGHT FOR YOU?

Use the following chart as a guide, along with the results of the Asset allocation tool . Based on what is important to you, the suggested investment approach is check-marked .

Built FOR Me vs Built BY Me

I am looking for professional expertise in fund selection. √

√

√

√

√

√

I am looking for an approach that is 100% maintenance-free.

I want asset allocation and rebalancing issues taken care of.

I am interested in selecting my own funds.

I will take the time to read the fund pages and understand the risks involved.

I want an approach that fits my personal risk profile and I will re-balance my account as necessary.

Choose what is important for you from the following statements… Built FOR Me Built BY Me

IT’S IMPORTANT!

Remember—whether you choose the Built FOR Me or Built BY Me approach, you need to

make investment selections . Choose a target date fund for the Built FOR Me approach, or

individual investments for the Built BY Me approach .

To learn more about individual investment funds in your Retirement and Savings Plan,

you can use Morningstar®, a leading provider of investment news and analysis, available

through mysunlife.ca/Schlumberger . Simply log in using your sign-in/access ID, and from

the Home page select Investment performance .

To change your investments at any time, visit mysunlife.ca/Schlumberger > my financial

centre > Requests > Change investments . You can also update your account by calling

Sun Life Financial’s Customer Care Centre at 1-866-896-6976 any business day from

6 a .m . to 6 p .m . MT .




Possible charges for interfund transfers There are no charges for transfers; however, a 2% fee will be charged when you move money into a fund followed by a move out of the same fund within 30 days . This is known as short-term trading .

Monitor your investments Regardless of which investment approach you take, you should monitor your investments on at least an annual basis . As a participant in a retirement plan it’s your responsibility to:

• Understand your plan

• Keep your personal information and beneficiaries up-to-date with Sun Life Financial

• Choose how much to contribute

• Understand the available investment options

• Understand your individual risk profile

• Choose your investments for both your contributions and Cameron Canada’s contributions, and monitor your account

• Seek independent financial advice from a qualified professional if that makes sense for you

Remember—your investment decisions will impact the amount you accumulate in the Plan .

Who manages the managers? With the

assistance of investment consultants,

Cameron Canada has selected

the investment managers for their

investment expertise, management

styles, experience and investment

track record .

Cameron Canada’s Treasury Department

is responsible for reviewing the

investment managers’ performance

on a regular basis .


SECTION 4: ACT

If you haven’t already, make sure you enroll! Follow the enrollment instructions on page 2 at the front of this brochure .

YOU’RE NOT QUITE DONE YET…Now that you’ve made your investment choices, it’s a good idea to set some time aside at least once or twice a year to review your retirement plan .

Monitoring your personal accountThere are two ways to access up-to-date investment information and monitor your personal account: Either visit mysunlife.ca/Schlumberger or call the Sun Life Financial Customer Care Centre at 1-866-896-6976 .

IT’S IMPORTANT!

For your DCPP, you will automatically be set up in the plan to ensure that you benefit

from Cameron Canada’s contributions .

• Your contribution rate will initially be set to 5% of your admissible compensation,

the contribution level that maximizes the Company matching contribution . See page

3 of this guide for more details . .

• If you do not select investments for your DCPP, your contributions will be

automatically invested in the default fund—this will be the Granite™ Target Date

Segregated Fund closest to, but not exceeding your 65th birthday .

• If you do not submit a completed and signed beneficiary form to Sun Life Financial,

your beneficiary will default to your estate .

Remember—you can go online at any time to choose or change your contribution rate,

investment mix and beneficiary designation.



Reviewing and changing your payroll deductions

If you have selected investments and later decide that you would like to change the amounts you are contributing, you can sign into mysunlife.ca/Schlumberger and select my financial centre > Requests > Payroll deduction and allocate your contributions by completing the payroll deduction instructions .

Learning more about your investments through Morningstar®

Sign into mysunlife.ca/Schlumberger . Select my financial centre > Accounts > Investment performance .

Using the asset allocation tool

Sign into mysunlife.ca/Schlumberger . Select my financial centre > Quick Links > my money tools . You will be directed to the Asset allocation page . Select Continue and follow the prompts .

Reviewing and changing fund allocations

If you have made investment selections and later decide that you would like to change these, visit mysunlife.ca/Schlumberger, sign in, select my financial centre > Requests > Change investments .

Accessing beneficiary forms

Visit mysunlife.ca/Schlumberger, sign in, select my financial centre > Quick Links > Beneficiary info .

Accessing your statements

Visit mysunlife.ca/Schlumberger, sign in, select my financial centre > Quick Links > Statements .

SECTION 5: WHAT HAPPENS . . .








It’s important to understand what happens when things change in your life . The situations below are common situations that will impact your account balances . This section tells you what happens… .

…when you retire

Defined Contribution Pension Plan

You are entitled to the full balance of your DCPP . When you retire, you may choose to use the value of your entire DCPP account to purchase a life annuity . A life annuity provides you with an income . You will pay tax on the income as it’s received . The income amount is based on the amount used to purchase the annuity, your age, interest rates at the time of purchase and how long the income is to be paid .

Note that annuity rates at the time you retire have a significant effect on the income from your annuity . If interest rates are low at the time you retire, your annuity value will be low too . If they are high, your annuity value will be high .

Depending on your province of employment, you may instead transfer the balances of your accounts to:

• A Locked-In Retirement Account (LIRA)—Your account balance can continue to earn tax-deferred investment income until you are ready to start receiving a retirement income .

• A Locked-in Retirement Income Fund (LRIF)—You can receive an income while earning tax-deferred investment income within the fund .

• A Life Income Fund (LIF)—This works the same way as a LRIF; however, once you reach age 90, you must use the remaining balance to purchase a life annuity .

• Any other plan permitted by applicable legislation—Depending on your province, there may be other plans available to you .

Registered Retirement Savings Plan

Your RRSP must be converted to a retirement income vehicle by the end of the year in which you reach age 71 .

Tax-free Savings Account

There is no withdrawal requirement based on age— there is no need to convert it to another type of account at any age .

Non-registered Account

There is no withdrawal requirement based on age— there is no need to convert it to another type of account at any age .

What is vesting?

Vesting refers to your ownership

of employer contributions in your

plan account .


…if you are disabled

If you are disabled and receiving Cameron Canada Short-term Disability benefits, you will continue to be a member of the DCPP and Cameron Canada will continue to make contributions to the plan on your behalf . As your pay remains in place while receiving Short-Term Disability benefits, your employee and Company matching contributions remain as well .

If you continue on to receive Long-Term Disability benefits, all contributions to the DCPP will be suspended until your return to work .

…if you leave Cameron Canada

If you leave Cameron Canada, you may take the balance in your DCPP and transfer it to:

• A Locked-In Retirement Account (LIRA)—Your account balance can continue to earn tax-deferred investment income until you are ready to start receiving a retirement income .

• A Locked-in Retirement Income Fund (LRIF)—You can receive an income while earning tax-deferred investment income within the fund .

• A Life Income Fund (LIF)—This works the same way as a LRIF; however, once you reach age 90, you must use the remaining balance to purchase a life annuity .

• Any other plan permitted by applicable legislation—Depending on your province, there may be other plans available to you .

• Use it to purchase an annuity from an insurance company—you will pay tax on the income as it’s received .

Note that there is not a similar deadline for selecting a settlement option under the DCPP .

….if you transfer out of Canada

If you transfer out of Canada, but remain a Cameron Employee, your accounts will remain in Canada and continue to collect investment returns . You will still be able to view these accounts by logging in online . You will have access to these funds once you retire or leave the company globally .

SECTION 5: WHAT HAPPENS . . .


…if your marriage breaks down

If your marriage ends, a court order or separation agreement may require that your benefits be shared with your ex-spouse . For assistance and information regarding your assets in the event of a marriage breakdown, please contact the Sun Life Financial Customer Care Centre at 1-866-896-6976 .

….if you die prior to retirement

If you die before your DCPP has been transferred to a LIRA or annuity account, your spouse* or beneficiary will receive the total value of your account .

If your spouse is your beneficiary, your spouse may choose to receive the death benefit as:

• A transfer to their registered pension plan, if permitted by that plan .

• A transfer to a life insurance company to purchase an immediate or deferred life annuity .

• A transfer to a Locked-In Retirement Account (LIRA) or RRSP .

• A lump-sum cash payment (less applicable withholding taxes) .

If you do not have a spouse on your date of death, the death benefit will be paid as a lump sum cash payment to your beneficiary .


The following is the definition of a spouse by province

PENSION JURISDICTION DEFINITION OF SPOUSE

Alberta Effective June 1, 2003, the term ‘spouse’ is replaced with the term ‘pension partner’. Pension plans can continue to use the term spouse if they so choose. However, the actual definition of pension partner must apply effective June 1, 2003, even if the plan has not been amended. The definition of pension partner is as follows:

“pension partner” means, in relation to another person,

(a) a person who, at the relevant time, was married to that other person and had not been living separate and apart from that other person for a consecutive period longer than 3 years, or (b) if there is no person to whom subclause (a) applies, a person who, immediately preceding the relevant time, had lived with that other person in a marriage-like relationship

(i) for a continuous period of at least 3 years, or(ii) of some permanence, if there is a child of the relationship by birth or adoption

British Columbia Spouse means, in relation to another person,(a) a person who at the relevant time was married to that other person, and who, if living separate and apart from that other person at the relevant time, did not live separate and apart from that other person for longer than the 2 year period immediately preceding the relevant time, or(b) if paragraph (a) does not apply, a person who was living with that other person in a marriage-like relationship for a period of at least 2 years immediately preceding the relevant time.

On retirement and pre-retirement death, member not considered to have a spouse if matrimonial property order is filed prior to pension commencement or death

Manitoba Spouse, where used to refer to the spouse of a member or former member, means the person to whom the member or former member is married.

“Common-law partner”, where used to refer to a common-law partner of a member or former member, meansa) a person who, with the member or former member, registered a common-law relationship under section 13.1 of The Vital Statistics Act, orb) a person who, not being married to the member or former member, cohabited with him or her in a conjugal relationshipi) for a period of at least three years, if either of them is married, orii) for a period of at least one year, if neither of them is married.

New Brunswick Spouse*, in relation to a member or former member, means two persons who,(a) are married to each other,(b) are married to each other by a marriage that is voidable and has not been annulled by a declaration of nullity, or(c) have gone through a form of marriage with each other in good faith, that is void, and have cohabited within the preceding year.

Common-law partner* means:(a) in the case of the death of a member or former member, a person who, not being married to the member or former member, was cohabiting in a conjugal relationshipwith the member or former member at the time of the death of the member or former member and was cohabiting in a conjugal relationship with the memberor former member for a continuous period of at least two years immediately before the death of the member or former member,(b) in the case of the breakdown of a common-law partnership, a person who, not being married to the member or former member, was cohabiting in a conjugalrelationship with the member or former member for a continuous period of at least two years immediately before the date of the breakdown of the common-lawpartnership, or(c) in any other case, a person who, not being married to a member or former member at the particular time under consideration, is cohabiting in a conjugal relationshipwith the member or former member at that time and who has so cohabited for a continuous period of at least two years immediately before that time;

*if a spouse and a common-law partner both make a claim, the eligible spouse is entitled to the benefit unless there is a valid domestic contract or a decree, order or judgement of a competent tribunal that bars the spouse’s claim.


Newfoundland Spouse means, except for the purpose of division of assets on marriage breakdown, at any date, a person who(a) is married to the member or former member, (b) is married to the member or former member by a marriage that is voidable and has not been voided by a judgment of nullity, or(c) has gone through a form of marriage with the member or former member, in good faith, that is void and is cohabiting or has cohabited in a conjugal relationship with the member or former member within the preceding year.

Cohabiting Partner means,(a) in relation to a member or former member who has a spouse, a person who is not the spouse of the member or former member who has cohabited continuously with the member or former member in a conjugal relationship for not less than 3 years, or (b) in relation to a member or former member who does not have a spouse, a person who has cohabited continuously with the member or former member in a conjugal relationship for not less than one year,

and is cohabiting or has cohabited with the member or former member within the preceding year.

Principal Beneficiary means the spouse of a member or former member, or where the member or former member has a cohabiting partner, the member’s or former member’s cohabiting partner.

- on retirement and pre-retirement death, if a member has a cohabiting partner, the cohabiting partner would have first rights to the survivor benefits. If there is no cohabiting partner, a legally married spouse, if there is one, would be entitled.

Nova Scotia Spouse, where used to refer to the spouse of a member or former member, means the person of the opposite sex who,(i) is married to the member or former member, or(ii) is married to the member or former member by a marriage that is voidable and has not been annulled by a declaration of nullity, or(iii) has gone through a form of marriage with the member or former member, in good faith, that is void, and they are cohabiting in a conjugal relationship or, if they have ceased to so cohabit, have cohabited in a conjugal relationship within the twelve-month period immediately preceding the entitlement date.

Common-law partner, where used to refer to the common-law partner of a member or former member, means, at any date, the person who is and has been cohabiting with the member or former member in a conjugal relationship for a period of at least two years, neither of them being a spouse.

- on retirement, a member is not considered to have a spouse/common-law partner if living separate and apart from spouse at time of pension commencement- on pre-retirement death, a member is considered to still have a spouse/common-law partner, even if living separate and apart from spouse at time of death, unless a division of the pension has been made. If a division has been made, then the spouse/common-law partner no longer has automatic rights.

Ontario spouse means either of two persons who(a) are married to each other, or(b) are not married to each other and are living together in a conjugal relationshipi) continuously for a period of not less than 3 years, orii) in a relationship of some permanence, if they are the natural or adoptive parents of a child, both as defined in the Family Law Act (“conjoint”)

• the requirement that the pension paid to a member who has a spouse on the date that payment of the first instalment of the member’s pension is due be in the form of a joint and survivor pension does not apply if the member is living separate and apart from his or her spouse on the date that payment of the first instalment of the member’s pension is due.

• if a member dies before payment of the first instalment of his or her pension is due, the person who is the spouse of the member on the date of death of the member is entitled to receive the pre-retirement death benefit. The preceding does not apply where the member and his or her spouse are living separate and apart on the date of death.

Prince Edward Island Please consult Plan Text


Quebec Spouse, in relation to a member, means the person who,(1) is married to or in a civil union* with the member, or(2) has been living in a conjugal relationship with a member who is neither married nor in a civil union, whether the person is of the opposite or the same sex, for a period of not less than three years, or for a period of not less than one year if - at least one child is born, or to be born, of their union, - they have adopted, jointly, at least one child while living together in a conjugal relationship, or - one of them has adopted at least one child who is the child of the other, while living together in a conjugal relationship.* a civil union is created when couples of the opposite or the same sex wish to make a public commitment to live together as a couple and to uphold the rights and obligations stemming from such status. A civil union:1. must be contracted openly before an official competent to solemnize marriages and in the presence of two witnesses;2. includes persons of either the opposite or same sex, 18 years of age or over;3. creates the same rights and obligations as a marriage.

• for deaths occurring on or after January 1, 2001, if a person is legally separated from bed and board they will lose their rights as a spouse to entitlement to a pre-retirement or post-retirement death benefit, even if the judgment of separation was rendered before September 1, 1990• effective January 1, 2001, the birth or adoption of a child during a marriage, civil union or during a period of conjugal relationship prior to the current period of conjugal relationship may allow a person to be recognized as a spouse• if there is a judgment of separation, divorce, dissolution or annulment of marriage or civil union, or cessation of conjugal relationship, the spousal rights in respect of pre-retirement and post-retirement death benefits are terminated. • if the member wishes to provide pension benefits to his former spouse, the member must appoint his ex-spouse as beneficiary, or advise the plan administrator in writing that pension payments are to continue to the ex-spouse, as the case may be. An existing beneficiary designation in favour of the spouse lapses upon judgment of divorce or annulment of marriage, or dissolution or annulment of civil union; therefore, if it is the member’s intention that the former spouse continue to be his beneficiary, then the member must designate that person again after the date of the divorce/annulment/dissolution. • in the event of judgment of separation (applicable only to married spouses) or cessation of a conjugal relationship, the beneficiary designation does not lapse; therefore, if the separated or former common-law spouse was named as the last designated beneficiary, that designation would be valid despite a judgment of separation or cessation of conjugal relationship. Note: A new spouse who meets the necessary conditions to qualify as Spouse at the date of death will have precedence over a former spouse who was designated as beneficiary.

Saskatchewan Spouse, where used to refer to the spouse of a member or former member, means, at any date, a person(i) who is married to the member or former member or, if there is no such person,(ii) with whom the member or former member is cohabiting as spouses at the relevant time and who has been cohabiting continuously for at least one year prior to the relevant time.

- on retirement and pre-retirement death, a married member is considered to have a spouse until such time as a divorce occurs, even if the couple are living separate and apart at time of pension commencement or death. A married spouse takes precedence over a common law spouse even where a married couple is no longer living together.

Page 1 of 2 C0 BEN DES S E-12-11

For SLF use: NFC

Beneficiary designation form

Return completed form to: Sun Life Financial, Group Retirement Services PO Box 2025 Stn Waterloo, Waterloo ON N2J 0B4

Please PRINT clearly. Nota : La version française de ce document est également disponible.

1 Plan and your personal information

*Your Social Insurance Number is used for administrative purposes so that information on this form is applied to your account.

Name of plan sponsor Client ID Plan

C0 First name Middle initial Last name

Date of birth (dd-mm-yyyy) Social insurance number * Account number

– – Email address Telephone number (day) Telephone number (evening)

– – – –

If you have a spouse when you die, the law may stipulate that all or part of the death benefit be paid to your surviving spouse, unless where provided, the spouse waives the death benefit. A beneficiary designation other than your spouse would only apply to those death benefits which are not, according to the law, payable to your surviving spouse. If you wish to ensure that your spouse receives all benefits, please designate your spouse here. In the absence of a beneficiary designation, and if not payable to your spouse as prescribed by law, death benefits will be paid to your estate. It is important for you to ensure that you specify in your will to whom the death benefit should be paid. To appoint a trustee for a beneficiary who is a minor, please complete the ‘Appointment of trustee for a minor beneficiary’ section. In Quebec, any amount payable to a minor beneficiary during his/her minority will be paid to the parent(s) or legal guardian on his/her behalf. The following caution is required by Manitoba law. It may also be applicable in other jurisdictions. Caution: Your designation of a beneficiary by means of a designation form will not be changed or revoked automatically by any future marriage or divorce. Should you wish to change or revoke your beneficiary in the event of a future marriage or divorce, you have to do so by means of a new designation.

2 Beneficiary designation

This beneficiary designation applies to the following products:

DCPP/SPP RRSP/LIRA DPSP NREG EPSP* TFSA RRIF/LIF/LRIF/PRIF

*If you live in Quebec, payments from your EPSP will be made to your estate upon death.

I, the owner, revoke any previous beneficiary designations and name as beneficiary for benefits due on my death:

Beneficiary’s first name Middle initial Last name Relationship to you**

Percentage of benefits

%

%

%

**Quebec: if you name your spouse as beneficiary, please indicate if this person is your common-law spouse. Otherwise, we will deem this person to be your legal spouse. Important: Where Quebec law applies, a legal (married or civil union) spouse beneficiary is irrevocable unless you indicate otherwise. If you have an irrevocable beneficiary, you may not change your beneficiary designation and may not be able to withdraw/transfer your assets out of the plan unless you provide Sun Life Financial with the irrevocable beneficiary's written consent.

To avoid this restriction and make your beneficiary designation revocable, you must check here: Revocable Beneficiary

Page 2 of 2 C0 BEN DES S E-12-11

For SLF use: NFC

3 Marital/Relationship status declaration – DCPP/SPP

Note: If your status changes in the future, please complete a ‘Change of records form’ and also notify your plan sponsor.

I certify, at the time of this declaration, based on the definition of spouse under applicable pension legislation:

I have a spouse.

Spouse’s first name Middle initial Last name

I do not have a spouse.

4 Contingent beneficiary appointment If you wish to appoint a contingent beneficiary, please complete this section.

If there is no surviving beneficiary at the time of my death, I declare that the following contingent beneficiary shall receive all benefits due on my death in accordance with any applicable legislation. If there is no surviving contingent beneficiary at the time of my death, the proceeds shall be paid to my estate. I revoke all previous contingent beneficiary appointments.

Contingent beneficiary’s first name

Middle initial Last name Relationship to you

Percentage of benefits

%

%

%

5 Appointment of trustee for a minor beneficiary (not valid in the province of Quebec) If you wish to appoint a trustee for a minor beneficiary, please complete this section.

First name of minor beneficiary Middle initial Last name

Note: the Trustee may have to account for its administration to the Public Trustee.

Any amount payable to a minor beneficiary during his/her minority will be paid to the individual named hereunder, as Trustee for the minor child.

First name of trustee Middle initial Last name

Relationship to you

Payment to the trustee shall discharge Sun Life Financial. Sun Life Financial cannot be responsible for the effect or sufficiency of the appointment.

6 Your signature of authorization

Your signature Date (dd-mm-yyyy)

X – – Group Retirement Services are provided by Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies.

NOTES

© Sun Life Assurance Company of Canada, 2018 . 06/18-bg-td-cm

C0Q0T .01

18-000642

Plan AdministratorSchlumberger Canada Limited

AskHR

1-877-9ASKHR9 (1-877-927-5479).

[email protected].

Official plan names and CRA registration numbers:Pension Plan for the Employees of Cameron Canada Corporation 0227173

RecordkeeperSun Life Financial

Customer Care Centre 1-866-896-6976 (Any business day: 6:00 a.m. to 6:00 p.m. MT)

Documents

CAMERON CANADA CORPORATION · Planning for your retirement is an important responsibility . For you and Cameron Canada, it’s a shared obligation . That’s why Cameron Canada offers