Schlumberger Canada Limited

A Guide to Group Benefit Coverage

For employees new to Canada payroll

Agenda

Health coverage- Canada healthcare system- Schlumberger’s Flexible Benefits Program – Health, Dental, Insurance,

Disability- How to enroll online

Financial Benefits: - Defined Contribution Pension plan- Deferred Profit Sharing Plan- RRSP & TFSA- Discounted Stock Purchase Plan DSPP (W8 Ben)

How does the Schlumberger health benefit program work?

The Schlumberger group health plan works in conjunction with the government sponsored health planYou must be a member of the provincial healthcare plan to participate in the Schlumberger group plan To apply and obtain a provincial health care card visit Service Canada: http://www.servicecanada.gc.ca/eng/subjects/cards/health_card.shtml

The group & government plan work together!

The government provides coverage for some medical services including doctor visits and hospital stays – just show your provincial healthcare card!

The Schlumberger group plan provides supplementary coverage for items such as prescription drugs, dental treatments, and paramedical services.

Schlumberger Flexible group health benefit plan

Extended Health Coverage(3 Options)

Provincial Coverage(BC Only)

Dental Coverage (4 Options)

Long-Term Disability Insurance(3 Options)

Employee Life Insurance (Basic and Optional)

Spouse Life Insurance (Basic and Optional)

Employee AD&D Insurance

(Basic and Optional)Spouse AD&D Insurance

(Basic and Optional)Child AD&D Insurance(Basic and Optional)

Refer to the Schlumberger Flex Guide: www.slb-benefits.ca

Introduction: flexible benefits plan

Schlumberger provides you with enough flex dollars to pay the full cost of option 2 for both health and dental coverage

You also receive additional flex dollars to use where you choose

Each benefit has different options with different price tags

Leftover flex dollars? Deposit them into your Health Care Spending Account (HCSA) or Wellness Spending Account (WSA)

What you don’t pay for with flex dollars, you cover with payroll deductions

Extended Health Care

Dental

Employee Life Insurance

3183860

Spouse and Child Life Insurance Options

Employee AD&D Insurance Options

Spouse and Child AD&D Insurance Options

Business Travel Accident Insurance

Short-term Disability Coverage

Fully paid by SchlumbergerAvailable for 26 weeksEqual to 100% of your base pay1

No options to choose

1 Field employees receive 130% of base pay.

Long-term Disability

LTD Options

LTD Options – Someone earning $80,000

In 5 years $5,024

Your Health Care Spending Account & Wellness Spending AccountHow it works:- Schlumberger provides each employee with $300 in flex dollars- You’ll use your flex dollars to pay for the benefits you choose- Depending on your benefits selections, you may have leftover flex

dollars- This amount can be deposited into your HCSA or Wellness

Spending Account

Health Care Spending Account

Examples of eligible expenses:- The percentage of dental or health care related expenses that you pay- Prescription drug dispensing fees- Eyeglasses, contact lenses, or laser surgery- Orthodontia or other dental expenses not covered under your

dental option- Health care expenses of relatives who are financially dependent on

you, but not covered by Schlumberger Flex, like a parent or sibling

Wellness Spending AccountExamples of eligible expenses: Vitamins and supplements Orthopaedic beds and orthopaedic

pillows Cholesterol and hypertension

screening Health assessments/ screening Allergy tests Reflexologists Herbalist Homeopaths Athletic therapists Maternity services Health education programs

Exercise physiologists Chinese medical practitioners Shiatsu therapists Osteopathic practitioners Acupressurists Occupational therapists Fitness equipment (excluding

apparel and footwear) LTD premiums

New for 2015 Fitness league fees Fitness classes Comprehensive medical exams Naturopathic medicines

When do you enroll?

Within 3 weeks of starting on Canada payroll, you will receive a “new hire” benefit enrollment package in the mail

This package will contain the ‘Schlumberger Flex Guide’, and all of the information you need to understand, and elect your group benefit options

The information you receive in the mail is also available online at Enrollment Central www.slb-benefits.ca

*Ensure your local HR team has your correct mailing address – otherwise you may not receive important documents

Steps to complete group health plan enrollment

Once you receive your package in the mail: Read the “Flex Enrollment Guide” to understand the options available

within the Canada health benefit program

Visit ‘Enrollment Central’ at www.slb-benefits.ca for more information on the Canada group benefit program.

Log in to the ‘Your Benefit Resources’ (YBR) website and elect your preferred coverage: https://five.ybrcanada.hewitt.com/slb/

Great West Life is our health plan insurer

Once you’ve completed your enrollment on the YBR website, your choices will be sent to Great West Life within 10 business days.

Once active in the Great West Life system, you may register on the GroupNet for Plan Members website for online claim submission: https://groupnet.greatwestlife.com/public/signin/login.public?blank&brand=pm&lang=en

*You may not submit claims to Great West Life prior to being active in their system

What happens if I don’t enroll?

If you do not elect your preferred benefit choices within your designated enrollment period:

You will receive the lowest level of coverage for health, dental and long term disability = Default Coverage

Your dependents will not have any group health coverage Got questions? Call

Retirement & Savings Program: Financial Benefits

Defined Contribution Pension Plan (DCPP)

Deferred Profit Sharing Plan (DPSP)

Registered Retirement Savings Plan (RRSP)

Tax-Free Savings Account (TFSA)

Discounted Stock Purchase Plan (DSPP)

Defined Contribution Pension Plan

Eligibility – First of the month following 3 months of service Contributions are made each pay period as a percentage of your total

pay You will be automatically enrolled at a 3% contribution rate in order to

maximize company contributions Schlumberger will contribute 2% automatically, and will additionally

match your contribution up to 3%. You can contribute a maximum of 5%, bringing your maximum possible

contribution to 10%EE 5% + ER 2% (basic) + ER 3% (match)

- Vested immediately (new! as of Sep.1, 2014)

Deferred Profit Sharing Plan (DPSP)

Eligibility – First of the month following one year of service

Based on profitability, the Company will contribute up to 15% of your admissible compensation to your DPSP account

Example:admissible compensation was $50,000.00 profit sharing award was 5% = $2,500.00 award

- Vested after 2 years in the plan or 3 years of service

Registered Retirement Savings Plan (RRSP)

A savings plan registered with the Canadian federal government allowing you to save for the future on a tax-sheltered basis.

An RRSP is an investment portfolio. It can contain a variety of investments

What makes an RRSP special is that your contributions to it are tax deductible and your portfolio grows tax sheltered.

Group Registered Retirement Savings Plan (RRSP)

Eligibility - voluntary participation on the first day of the month following 3 months of service

No Company contributions

Voluntary contributions (payroll deductions) up to your RRSP contribution limit

- if you don’t know your limit, contact the Canada Revenue Agency

Tax Free Savings Account (TFSA)

A flexible, registered, general-purpose savings vehicle that allows you to earn tax-free investment income

Voluntary contribution up to $5,500 annually Investment income earned & withdrawals from a TFSA are tax-free.

Contributions are not tax-deductible.

Recap: Retirement & Savings Program

DCPP DPSP RRSP TFSA

Questions? Contact the plan administrator, Sun Life Financial:

By Telephone: 1-866-733-8612Online: mysunlife.ca/Schlumberger

Discount Stock Purchase Plan (DSPP)

Eligibility – Employees are eligible upon hire, but can only enroll in June or December

Contribute 1 to 10% of their total pay towards DSPP

DSPP balance accumulates throughout the plan period (January through June and July though December

On the last day of the plan period, you automatically purchase as many shares of stock as you can with your DSPP balance

Discount Stock Purchase Plan (DSPP)

Plan Period July 1, 2014 – Dec 31, 2014

Price on July 1, 2014 Price on Dec 31, 2014$118.06 $85.62

-7.5%

Purchase Price is $79.20 USD

Example:

Price is determined as: lower of the stock price on the first trading day of the plan year (July 1st Or Jan 1st) or the last trading day of the plan year (June 30th or Dec 31st) less 7.5%

Discount Stock Purchase Plan (DSPP)

Certify your tax status

W-8BEN FOR NON-US CITIZENS/RESIDENTS OR W9 FOR US RESIDENTS/TAX PAYERS

If you don’t certify your tax status, you will be subject to an automatic US Tax withholding (28%) as required by the US Internal Revenue Service (US tax authorities).

Questions: Contact Computershare Shareowner Services (previously known as BNY Mellon). Slb-dspp@cpushareownerservices.com or +1-866-752-3777 in USA or +1-201-329-8253 outside USA

Questions?

Thank you for your time