UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934 (Amendment No.    )

Filed by the Registrant  ☒                             Filed by a party other than the Registrant  ☐

Check the appropriate box:

Weatherford International plc

(Name of Registrant as Specified In Its Charter)

N/A

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

AGENDA ITEMS FOR YOUR VOTE

Voting instructions for shareholders of record and beneficial shareholders

You may vote using one of the following options. In all cases, have your proxy card or voting instructions form in hand and follow the instructions.

By mail   Follow the instructions to mark, sign, and date your proxy card

By phone   Use any touch-tone telephone to transmit your voting instructions   1-800-690-6903

By internet   Use the internet to transmit your voting instructions   www.proxyvote.com

Shareholder Feedback

Feedback from our shareholders is important to us and considered carefully. Your Board will be available at the Annual General Meeting to respond to any questions shareholders may raise regarding our business. Once again, we invite interested parties to submit feedback through our Annual General Meeting website, www.weatherfordannualmeeting.com.

Weatherford International plc — 2020 Proxy Statement     iii

A MESSAGE FROM YOUR

Chief Executive Officer

To My Fellow Shareholders,

When I first arrived at Weatherford in 2017, I saw tremendous opportunity to improve the company’s financial and operational performance. Launching a comprehensive “transformation” program, the organization enthusiastically tackled hundreds of initiatives to improve our earnings run rate, divest low-return, capital-intensive businesses, and launch disruptive new technologies into the market in 2018.

In 2019, we continued our transformational progress, taking a number of actions that were yielding solid improvements in our execution capabilities and cost structure as we entered 2020. Notably, our combined international revenues grew by 6% year-over-year in 2019, excluding the impact of divestitures. In North America, our operational and cost-structure improvements included reducing our footprint, right-sizing our headcount and evaluating our product and service offerings.

Of course, the most challenging work of 2019 was the completion of our financial restructuring. As a result of that process, we eliminated $6.2 billion of debt. We have no significant maturities until 2024. Our revised capital structure provides us with renewed flexibility to focus on growing revenue, generating free cash flow and continuously improving our business.

Focusing on Cash Flow and Returns

Now, faced with an incredibly uncertain industry and global economic landscape for 2020, we by necessity must and will continue to adjust our global operations to meet the dynamic market we are currently facing. We have implemented even more aggressive actions to right-size our business. Above all, we remain focused on improving our cash flow and returns. I also believe Weatherford’s geographic footprint and product mix will provide a differentiated position, particularly in this market.

We still have a lot of work to do as an organization. However, we know what we are capable of, and we are committed to delivering for all of you. With the need to continuously improve firmly embedded in our organizational DNA, we remain focused on enhancing the way we work, particularly by standardizing, simplifying, and systematizing aspects of our operations.

We are supported by our new Board of Directors, who bring a significant depth of expertise, renewed energy, and a fresh perspective. Our Board, together with the leadership team, including our new Chief Financial Officer Christian Garcia, are committed to taking the necessary actions to continue to optimize our business and execute on opportunities to improve profitability, cash flow and returns.

Driving Revenue with Increased Customer Engagement

While some organizations may have focused only inward during a restructuring, at Weatherford we recognize that our success directly depends on our customers’ success. We took great efforts to engage with our customers in 2019, including delivering 30 technology roadshows and meeting with nearly 1,500 customer decision makers. The open dialogue has strengthened our customer relationships, and we continue to be rewarded with new contracts. In 2019, Weatherford was awarded a $220 million contract with ADNOC to deliver directional drilling services with our Magnus^® rotary steerable system, which is a testament to our focus on the critical Middle East region. In Mexico, based on superior performance and value delivered, we secured a $187 million contract extension to provide integrated services for shallow-water operations. And, with Petrobras in Brazil, Weatherford signed its largest-ever contract for ultra-deepwater safety valves. These recent wins, among others, reflect our ongoing commitment to technologies and solutions that address our customers’ challenges cost-effectively, without sacrificing our commitment to lead with safety and quality.

Delivering Solutions

Our disruptive technology offerings are creating new opportunities. Recent drilling services awards have led us into the next phase of international growth for Magnus. We also continue to drive the commercialization of other disruptive new technologies, such as our Vero^™ automated connection integrity, our TR1P^™ single-trip completions technology and, what we consider the backbone of the ecosystem, the ForeSite^® production optimization platform. If there is one message that was consistent throughout our customer conversations, it is the need for both best-in-class technology and integrated solutions. Inspired by this feedback, we have evolved Weatherford’s internal structure from alignment around individual technologies into a structure based on market-focused teams. This evolution is a critical component on our path to becoming a “Tier One” solutions provider.

Nurturing a “One Weatherford” Culture for a Sustainable Future

An integral part of our transformational journey has also been building a cultural framework that supports the integrated, market-focused organization to which we aspire. Our goal is simply defined in our motto — “Individually we are impressive. Together, we are unstoppable. We are One Weatherford.” At its core, our “One Weatherford” mindset represents that we are all mutually responsible for our success. We value an inclusive culture and acknowledge that our success depends on the quality of our people, an integrated organization that values collaboration and teamwork.

For years, we have actively supported the communities in which we operate. From an environmental perspective, we are addressing our customers’ sustainability challenges with low-carbon and earth-friendly solutions. Yet we are also thinking more broadly, and we are dedicated as an organization to provide leadership to tackle global challenges to ensure a sustainable future.

Looking Forward

I’d like to conclude by offering my gratitude for your support during 2019. Together with Weatherford’s new Board, we are committed to serving our customers as the industry’s leading wellbore and production solutions company and are well-positioned to make Weatherford a stronger, returns-focused organization. I want to acknowledge the enormous support we received from our stakeholders, including our customers, vendors, and particularly, our Weatherford employees. I have personally witnessed their dedication and ownership of challenges great and small. And, of course, thank you to our shareholders for your support during 2019 and as we look ahead to the future.

Mark A. McCollum

President and Chief Executive Officer

iv     Weatherford International plc — 2020 Proxy Statement

NOTICE OF 2020 ANNUAL GENERAL MEETING OF SHAREHOLDERS

June 12, 2020

10:00 a.m. (Central Time)

2000 St. James Place, Marcellus Room, Houston, Texas 77056

AGENDA

The foregoing items, including the votes required in respect of each, are set forth and more fully described in the accompanying Proxy Statement.

RECORD DATE

April 17, 2020

VOTING

Only registered shareholders as of the close of business on the record date will be entitled to attend, vote or grant proxies to vote at the Annual General Meeting. Any such registered shareholder may appoint one or more proxies, by any of the means outlined in the Proxy Statement, to attend, speak and vote in his or her place at the Annual General Meeting. A proxy holder need not be a registered shareholder. Proxies must be received by the Voting Deadline set forth in the Proxy Statement.

DISTRIBUTION OF PROXY MATERIALS

This notice, the Proxy Statement (of which this notice forms a part), our Annual Report on Form 10-K, and our Irish Statutory Accounts are available electronically on our website at www.weatherford.com. These materials were mailed or made available on or about April 27, 2020 to each registered shareholder in our share register as of the record date. Any shareholder may also obtain a copy of these documents by contacting our U.S. Investor Relations Department at 2000 St. James Place, Houston, Texas 77056 or by telephone at +1 (713) 836-4000.

ANNUAL REPORT AND FINANCIAL STATEMENTS

During the Annual General Meeting the Company’s management will present Weatherford’s Irish Statutory Accounts for the fiscal year ended December 31, 2019, along with related directors’ and auditor’s reports, and review the Company’s affairs.

April 27, 2020

Important Notice Regarding the Availability of Proxy Materials for the Annual General Meeting to be Held on June 12, 2020: The Proxy Statement of Weatherford International plc, our 2019 Annual Report and Irish Statutory Accounts are available at: at www.proxyvote.com.

Weatherford International plc — 2020 Proxy Statement     

Weatherford International plc — 2020 Proxy Statement     

PROXY STATEMENT

MEETING AND VOTING INFORMATION

ANNUAL GENERAL MEETING:

June 12, 2020 at 10:00 a.m. (Central Daylight Time), 2000 St. James Place, Marcellus Room, Houston, Texas 77056.

As part of our precautions regarding the coronavirus or COVID-19, we are planning for the possibility that the meeting may be held as a “hybrid” meeting with the ability for shareholders to attend either in person and virtually over the internet. If we take this step, we will announce the decision to do so as soon as practicable before the meeting via a press release and by posting details on our website that will also be filed with the SEC as additional soliciting materials. In that event, the 2020 Annual General Meeting of Shareholders would be conducted as a “hybrid” meeting, on the above date and time, via live audio webcast accessible at www.weatherford.com.

GENERAL

In this Proxy Statement, “Weatherford,” “the Company,” “we,” “us” and “our” refer to Weatherford International plc, an Irish public limited company.

Our principal executive offices are located at 2000 St. James Place, Houston, Texas 77056 and our telephone number is 713.836.4000.

References to “$” or “USD” in this Proxy Statement are references to United States dollars.

This Proxy Statement and proxy card are first being mailed or made available on behalf of our Board of Directors, or our “Board,” to all shareholders beginning on or about April 27, 2020.

AGENDA

During the Annual General Meeting, management will present the Company’s Irish Statutory Accounts for the fiscal year ended December 31, 2019, along with related directors’ and auditors’ reports, and review the Company’s affairs.

WHO CAN VOTE

All registered shareholders at the close of business on April 17, 2020 (the “Record Date”) have the right to notice of, and to vote, in person or by proxy, at the Annual General Meeting. Registered shareholders are entitled, on a poll, to one vote per ordinary share on all matters submitted to a vote of shareholders at the Annual General Meeting, so long as those shares are represented at the Annual General Meeting in person or by proxy. A registered shareholder may appoint one or more proxies to attend, speak and vote in their place at the Annual General Meeting. A proxy holder does not need to be a registered shareholder.

MEETING ATTENDANCE

If you wish to attend the Annual General Meeting in person, you will need to bring proof of identification along with proof of your share ownership. If your shares are held beneficially in the name of a bank, broker or other nominee, you may bring a bank or brokerage account statement as your proof of ownership of shares as of the Record Date.

Weatherford International plc — 2020 Proxy Statement     1

PROXY STATEMENT

In accordance with the requirements of Irish law, registered shareholders who wish to participate in the Annual General Meeting without leaving Ireland may do so by attending in person at the offices of our Irish lawyers, Matheson, located at 70 Sir John Rogerson’s Quay, Dublin 2, Ireland, at the time of the meeting, where audio teleconference facilities will be made available to participate in the meeting. All such attendees will need to bring proof of identification along with proof of share ownership.

HOW TO ATTEND HYBRID ANNUAL GENERAL MEETING

If we decide to hold the Annual General Meeting as a “hybrid” meeting with the ability for shareholders to attend either in person or virtually over the internet, we will make a public announcement via a press release and by posting details on our website as soon as practicable prior to the meeting. In such event, to attend and participate in the Annual General Meeting, shareholders will need to access the live audio webcast of the meeting by visiting www.weatherford.com. and logging in with their unique Control Number. Beneficial owners of shares held in street name will need to follow the instructions provided by the broker, bank or other nominee that holds their shares. If we offer a virtual method of attending the Annual General Meeting, we would encourage shareholders to log in to this website and access the webcast before the Annual General Meeting’s start time. Further instructions on how to attend, participate in and vote at the Annual General Meeting, including how to demonstrate your ownership of our shares as of the Record Date would be made available at www.weatherford.com.

HOW TO VOTE

To ensure your representation at the Annual General Meeting, we request that you grant your proxy to vote on each of the proposals in this Proxy Statement and any other matters that may properly come before the meeting to the persons named in the proxy card, by voting in one of the ways described on page iii no later than the Voting Deadline (defined below) whether or not you plan to attend.

Voting Deadline: 11:59 p.m. (Eastern Time) on June 11, 2020.

Most of our individual beneficial owners hold their shares through a brokerage account and therefore are not listed in our share registry.

Shareholders who hold their shares through a broker or other nominee (in “street name”) must vote their shares in the manner prescribed by their broker or other nominee. Shareholders who hold their shares in this manner and wish to vote in person at the meeting must obtain a valid proxy from the organization that holds their shares. This may be very difficult for an individual shareholder to do, so individual shareholders holding in street name are strongly encouraged to submit their proxy to their broker, who in turn will vote in accordance with their directions. See “Quorum and Voting” as to the effect of broker non-votes.

QUORUM AND VOTING

A quorum at our Annual General Meeting will be one or more registered shareholders, present in person or by proxy, having the right to attend and vote at the Annual General Meeting and together holding shares representing more than 50% of the votes that may be cast by all registered shareholders at the meeting. As of the Record Date, there were approximately 70,017,356 ordinary shares issued and entitled to vote.

For purposes of determining a quorum, abstentions and “broker non-votes” present in person or by proxy are counted as represented. A “broker non-vote” occurs when a nominee (such as a broker) holding shares for a beneficial owner abstains from voting on a particular proposal because the nominee does not have discretionary voting power for that proposal and has not received instructions from the beneficial owner on how to vote those shares.

If you are a beneficial shareholder and your broker or other nominee holds your shares in its name (in “street name”), the broker generally has the discretion to vote your shares with respect to “routine” proposals. The “routine” proposal in this Proxy Statement is Agenda Item 2. All other proposals (i.e., Agenda Items 1 and 3) are “non-routine” and your broker may not vote your shares. Accordingly, if you hold your shares in “street name,” your broker will not be able to vote your shares on these matters unless your broker receives voting instructions from you.

Approval of each proposal will be decided by an “ordinary resolution” (i.e., by a simple majority of the votes cast “For” or “Against,” in person or by proxy, provided a quorum is present). Generally, abstentions and broker “non-votes” will not affect the voting results. Broker “non-votes” will not affect the voting results for any proposal under Irish law or NYSE rules.

The election of each director nominee will be considered and voted upon as a separate proposal. There is no cumulative voting in the election of directors. Any nominee for election to the Board who is then serving as a director and who receives a greater number of “against” votes than “for” votes shall promptly tender his or her resignation following certification of the vote. The Board shall then consider the resignation offer and decide whether to accept or reject the resignation, or whether other action should be taken; provided, however, that any director whose resignation is under consideration shall not participate in the consideration whether to accept, reject or take other action with respect to his or her resignation. The Board has the ability to fill a vacancy upon the recommendation of its Nominating and Governance Committee, subject to re-election by the Company’s shareholders at the next annual general meeting of the Company.

2     Weatherford International plc — 2020 Proxy Statement

PROXY STATEMENT

The chart below summarizes the voting requirements and effects of broker non-votes and abstentions on the outcome of the vote for the proposals at the Annual General Meeting.

PROXIES

A copy of either:

are being sent to each shareholder registered in our share register as of the Record Date. Shareholders not registered in our share register as of the Record Date, will not be entitled to attend, vote or grant proxies to vote at the Annual General Meeting. Your vote and proxy are being solicited by our Board of Directors in favor of Christina M. Ibrahim or, failing her, Mark A. McCollum (the “Proxy Holders”), for use at the Annual General Meeting.

We request that you grant your proxy to vote on each of the proposals in this notice and any other matters that may properly come before the meeting to the Proxy Holders by completing, signing, dating and returning the proxy card in accordance with the instructions thereon, for receipt by us no later than the Voting Deadline, whether or not you plan to attend.

If you are a registered holder and you properly complete and submit your proxy card in a timely manner you will be legally designating the individual or individuals named by you in the proxy card or if you do not name your proxy or proxies, the Proxy Holders, to vote your shares in accordance with your instructions indicated on the card. If you are a registered shareholder and properly complete and submit your proxy card in a timely manner without naming your proxy or proxies and you do not indicate how your shares are to be voted, then the Proxy Holders will vote as the Board of Directors recommends on each proposal and if other matters properly come before the Annual General Meeting the Proxy Holders will have your authority to vote your shares in their discretion on such matters.

If you are not a registered holder, but you hold your shares through a broker or other nominee, you must follow the instructions provided by your broker or other nominee if you wish to grant your proxy and vote your shares.

We may accept a proxy by any form of communication permitted by Irish law and as the Board of Directors may approve in accordance with our articles of association.

REVOKING YOUR PROXY

If you are a registered shareholder, you may revoke your proxy by:

If you have revoked your proxy as described above, you may attend and vote in person at the Annual General Meeting.

If you are not a registered holder, but you hold your shares through a broker or other nominee, you must follow the instructions provided by your broker or other nominee if you wish to revoke a previously granted proxy, since attending the Annual General Meeting alone will not revoke any proxy.

MULTIPLE PROXY CARDS

If you receive multiple proxy cards, this indicates that your shares are held in more than one account, such as two brokerage accounts and are registered in different names. You should complete and return each of the proxy cards to ensure that all of your shares are voted.

Weatherford International plc — 2020 Proxy Statement     3

PROXY STATEMENT

COST OF PROXY SOLICITATION

We have not retained a proxy solicitor to assist soliciting proxies from shareholders this year. Some of our directors, officers and employees may solicit proxies personally, without any additional compensation, electronically, by telephone or by mail. Proxy materials also will be furnished without cost to brokers and other nominees to forward to the beneficial owners of shares held in their names. All costs of proxy solicitation will be borne by the Company.

ADJOURNMENT

The Chairman may, with the consent of the meeting, adjourn (or postpone) all, or part, of the business to be considered at the Annual General Meeting (including adjourning (or postponing) some or all of the Agenda Items) to another date or until the meeting is reconvened.

QUESTIONS

You may call our U.S. Investor Relations Department at +1 (713) 836-4000, or email us at investor.relations@weatherford.com if you have any questions or need directions to be able to attend the meeting and vote in person.

Please Vote. Your Vote is Important.

4     Weatherford International plc — 2020 Proxy Statement

AGENDA ITEM 1 - ELECTION OF DIRECTORS

The Board of Directors recommends that you vote “FOR” each nominee for director.

Upon the recommendation of the Nominating and Governance Committee, the Board has nominated the following seven nominees to be elected at the Annual General Meeting: Thomas R. Bates, Jr., John F. Glick, Neal P. Goldman, Gordon T. Hall, Mark A. McCollum, Jacqueline C. Mutschler and Charles M. Sledge.

All of the non-employee nominees for director, i.e., all of the nominees other than Mr. McCollum, are independent under the rules of the NYSE.

Each director elected (unless his or her office is earlier vacated in accordance with the articles of association of the Company) shall serve for a one year term concluding at the latter of (x) the 2021 AGM and (y) subject to article 155 of the articles of association of the Company, until his or her successor is elected and qualified. All of our nominees have consented to serve as directors.

The vote will be held by a separate resolution for each director nominee. A director nominee will be re-elected if approved by an ordinary resolution (i.e., a simple majority of the votes cast “For” or “Against”). Any nominee for election to the Board who is then serving as a director and who receives a greater number of “against” votes than “for” votes shall promptly tender his or her resignation following certification of the vote. The Board shall then consider the resignation offer and decide whether to accept or reject the resignation, or whether other action should be taken; provided, however, that any director whose resignation is under consideration shall not participate in the consideration whether to accept, reject or take other action with respect to his or her resignation. The Board has the ability to fill a vacancy upon the recommendation of its Nominating and Governance Committee, subject to re-election by the Company’s shareholders at the next annual general meeting of the Company. If you properly submit a proxy card but do not indicate how you wish to vote, the Proxy Holders will vote for all of the listed nominees for director.

DIRECTORS’ DIVERSITY OF SKILLS AND EXPERTISE

Pursuant to the terms of the Second Amended Joint Prepackaged Plan of Reorganization for Weatherford International plc and its Affiliate Debtors Under Chapter 11 of the Bankruptcy Code, dated September 9, 2019, as amended (the “Second Amended Plan”), upon approval of the Plan and our emergence from bankruptcy, our Board was to consist of seven directors. Effective upon our emergence on December 13, 2019, all of our existing directors other than Mr. McCollum, our Chief Executive Officer, resigned and, in accordance with the terms of the Second Amended Plan, six directors designated by the Ad Hoc Noteholder Committee (as defined in the Second Amended Plan) were appointed to our Board.

Our Board’s composition is carefully considered by the Nominating and Governance Committee to ensure diversity in the broadest sense – of culture, background, outlook, experience, gender and tenure to bring together multiple, complementary perspectives. The Board membership qualifications and nomination process can be found in our Governance Principles at www.weatherford.com by clicking on the “Investor Relations” section then “Corporate Governance,” then “Corporate Documents,” then selecting “Corporate Governance Principles.”

Our director nominees bring a range of skills and experience in relevant areas, including finance, exploration and production, environment, international business and leadership, as well as oilfield services. This unique and highly impactful cross-section of capabilities enables our Board to help guide the Company’s strategic objectives and leading corporate governance practices. Further, while each member of our Board has held significant leadership positions in their respective professional fields, of equal importance is each Director’s ethics and integrity. Each of our Directors embodies the highest degree of personal and professional standards arming them with the qualified insights to deliver sustainable shareholder value.

Weatherford International plc — 2020 Proxy Statement     5

AGENDA ITEM 1

DIRECTOR NOMINEE BIOGRAPHIES

		THOMAS R. BATES, JR.   Background   Mr. Bates has been an Adjunct Professor and member of the Energy MBA Advisory Board in the Neeley School of Business at Texas Christian University, where he has taught courses in energy macroeconomics since January 2011. From January 2010 until December 2012, Mr. Bates was a Senior Advisor to Lime Rock Management LP and was a Managing Director at the private equity firm from October 2001 until December 2009, where he was responsible for global investing in oil service and oil service technology. Before joining Lime Rock, Mr. Bates had 25 years of experience in senior oil service management and operations with Schlumberger Ltd., Weatherford Enterra Inc. and Baker Hughes Inc. Mr. Bates currently serves as the chairman of the board and director at Independence Contract Drilling (but is not standing for re-election in 2020) and Vantage Drilling International. He also currently serves as a director at Tetra Technologies, Inc.and Alacer Gold Corporation. He previously served as a director at Tidewater, Inc. Hercules Offshore, Inc. and FTS, Inc.   Education   University of Michigan, Ph.D., MSE and BSE each in Mechanical Engineering
AGE: 70   DIRECTOR SINCE: Dec. 2019   COMMITTEES:     Audit     Nominating and Governance   OTHER PUBLIC   COMPANY BOARDS:     Independence Contract Drilling     Tetra Technologies, Inc.     Alacer Gold Corp     Vantage Drilling International
		JOHN F. GLICK   Background   Mr. Glick serves as Chairman of the Board of Hunting PLC, a FTSE 350 public company traded on the London Stock Exchange. He also serves as a director at Tetra Technologies, Inc. He was previously a director at Lufkin Industries, where he served as President and Chief Executive Officer from 2008 until the sale of the company to General Electric in 2013. Prior to that, he was a Vice President at Lufkin Industries over the Power Transmission Division and, later, the Oilfield Division. He began his career with Cameron Iron Works in 1974 and occupied senior management roles in global marketing and manufacturing in the US, UK and Ireland. Mr. Glick also serves as vice chairman of the board of Trustees for CHI Baylor St. Luke’s Health System.   Education   University of Kansas, B.S., Journalism   Harvard Graduate School of Business, Program for Management Development
AGE: 67   DIRECTOR SINCE: Dec. 2019   COMMITTEES:     Compensation     Nominating and Governance (Chair)   OTHER PUBLIC   COMPANY BOARDS:     Tetra Technologies, Inc.     Hunting, plc

6     Weatherford International plc — 2020 Proxy Statement

AGENDA ITEM 1

		NEAL P. GOLDMAN   Background   Mr. Goldman has over 25 years of experience in investing and working with companies to maximize shareholder value. He is currently the Managing Member of SAGE Capital Investments, LLC, a consulting firm specializing in independent board of director services, restructuring, strategic planning and transformations for companies in multiple industries including energy, technology, media, retail, gaming and industrials. He was formerly a Managing Director at Och-Ziff Capital Management, LP and a Founding Partner of Brigade Capital Management, LLC, which he helped to build to over $12 billion in assets under management. Mr. Goldman currently serves as Chairman of the Board of Talos Energy Inc. and is a member of the board of Ultra Petroleum. He previously served on the boards of Midstates Petroleum, Ditech Holding Corporation (f/k/a Walter Investments Inc.), Toys R Us, Pimco Income Strategy Fund I & II and NII Holdings.   Education   University of Michigan, BA   University of Illinois, MBA
AGE: 50   DIRECTOR SINCE: Dec. 2019   COMMITTEES:     Compensation (Chair)     Nominating and Governance   OTHER PUBLIC   COMPANY BOARDS:     Talos Energy Inc.     Ultra Petroleum Corp.
		GORDON T. HALL   Background   Mr. Hall serves as Chairman of the Board of Archrock. He was also the Chairman of the Board of Exterran Holdings and Hanover Compressor Company predecessor companies to Archrock. He has served as a Director of Noble Corporation plc, a leading global provider of offshore drilling services headquartered in the United Kingdom since 2010. He is a consultant to a private company, ZNT Global Enerji San. Ve Tic, A.S., a defense and energy company headquartered in Turkey. Mr. Hall is on the board of trustees and is a Professor in the Masters of Financial Analysis program at Gordon College where he was the interim Chief Financial Officer and a member of the President’s cabinet during 2018.   Mr. Hall retired as Managing Director from Credit Suisse following employment from 1987 through 2002. While at Credit Suisse, Mr. Hall served as Senior Oil Field Services Analyst and Co-Head of the Global Energy Group. Mr. Hall was a director of Hydril Company from 2002 until its merger with Tenaris S.A. in May 2007. He was also a director of Grant Prideco, Inc. until its acquisition by National Oilwell Varco, Inc. in April 2008. Additionally, Mr. Hall has served as a director of multiple private companies and non-profit entities.   Education   Massachusetts Institute of Technology, S.M., Management with a concentration in Finance and Operations
AGE: 61   DIRECTOR SINCE: Dec. 2019   COMMITTEES:     Audit (Vice Chair)     Compensation   OTHER PUBLIC   COMPANY BOARDS:     Archrock, Inc.     Noble Corporation

Weatherford International plc — 2020 Proxy Statement     7

AGENDA ITEM 1

		MARK A. MCCOLLUM   Background   Mr. McCollum has over 38 years of leadership experience in the energy sector. Most recently he served as Chief Financial Officer of Halliburton Company, a position he started in 2008 and resumed in July of 2016 following an interim role as Chief Integration Officer during the pendency of Halliburton’s proposed acquisition of Baker Hughes Inc. Prior to joining Halliburton, Mr. McCollum held a number of senior positions at Tenneco, Inc., including Chief Financial Officer, and served as an Audit and Advisory Partner in Arthur Andersen’s Energy Division, where he began his career. He is also a registered CPA in the State of Texas. Mr. McCollum is a member of the Board of Directors of Westlake Chemical Corporation and serves on the Audit, Compensation, Nominating and Governance, and Corporate Risk Committees. He is a member of the Board of Regents at Baylor University, the Board of Trustees for the Baylor College of Medicine and the advisory board of Every Village. Mr. McCollum was a member of the Board of Directors of Archrock, Inc. and served on the Audit and Compensation Committees.   Education   Baylor University, Bachelor Degree in Business Administration, Major in Accounting and Business Law
AGE: 61   DIRECTOR SINCE: Apr. 2017   COMMITTEES:     Health, Safety and Environment   OTHER PUBLIC   COMPANY BOARDS:     Westlake Chemical Corporation
		JACQUELINE C. MUTSCHLER   Background   Ms. Mutschler has over 30 years of business and technology experience in the oil industry. During her 28-year career with BP she held a range of strategic, operational and technology roles that spanned its international businesses. Her most recent appointment at BP was the Head of Upstream Technology. In that role, Ms. Mutschler was responsible for R&D to enhance and enable current and future businesses. Since her retirement from BP in 2014, she has provided independent consulting for the oil and gas, technology and automotive industries. She also previously served on Weir Group’s Technology Advisory Board. Ms. Mutschler recently joined the board at Antero Resources Corporation.   Education   Wright State University, B.S., Geology/Geophysics   Stanford University, Executive Education Program   Massachusetts Institute of Technology, Executive Education Program
AGE: 58   DIRECTOR SINCE: Dec. 2019   COMMITTEES:     Nominating and Governance     Health, Safety and Environment     (Chair)   OTHER PUBLIC   COMPANY BOARDS:     Antero Resources Corporation

8     Weatherford International plc — 2020 Proxy Statement

AGENDA ITEM 1

		CHARLES M. SLEDGE   Background   Mr. Sledge previously served as the Chief Financial Officer of Cameron International Corporation, an oilfield services company, from 2008 until its sale to Schlumberger Limited in 2016. Prior to that, he served as the Corporate Controller of Cameron International Corporation from 2001 until 2008. He currently serves on the boards of Talos Energy LLC, Templar Energy LLC, Vine Resources and Expro International where he serves as non-executive chairman.   Education   Louisiana State University, B.S. in Accounting   Harvard Business School Advanced Management Program
AGE: 54   DIRECTOR SINCE: Dec. 2019   COMMITTEES:     Audit (Chair)     Health, Safety and Environment   OTHER PUBLIC   COMPANY BOARDS:      Talos Energy

Weatherford International plc — 2020 Proxy Statement     9

AGENDA ITEM 1

OUR BOARD AND OUR BOARD COMMITTEES

The Board directs and oversees the management of the business and affairs of the Company and serves as the ultimate decision-making body of the Company, except for those matters reserved to our shareholders. The Board oversees the Weatherford management team, to whom it has delegated responsibility for the Company’s day-to-day operations. While the Board’s oversight role is very broad and may concentrate on different areas from time to time, its primary areas of focus are strategy, oversight, governance and compliance, as well as assessing management and making changes as circumstances warrant. In many of these areas, significant responsibilities are delegated to the Board’s Committees, which in turn are responsible for reporting to the Board on their activities and actions. Our Board has established the following committees: Audit; Compensation; Nominating and Governance; and Health, Safety and Environment, all of which are further described below. Members are as of the date of this proxy.

10     Weatherford International plc — 2020 Proxy Statement

AGENDA ITEM 1

CORPORATE GOVERNANCE MATTERS

Our Board believes sound corporate governance processes and practices, as well as high ethical standards, are critical to handling challenges and to achieving business success. We embrace leading governance practices and also conduct ongoing reviews of our governance structure and processes to reflect shareholder input and changing circumstances. Below are highlights of our corporate governance practices and principles.

ADDITIONAL BOARD INFORMATION

Board Meetings: During 2019, the Board met 16 times; all of the directors participated in at least 75% of all Board of Directors and respective committee meetings. It is our policy that directors are expected to attend each annual general meeting of shareholders. However, last year due to our having entered into the Restructuring Support Agreement and impending financial restructuring filings, only one of our directors attended last year’s meeting. The current Board attended all 2019 meetings after their appointment upon emergence from bankruptcy.

Committee Charters: The charter for each Committee of our Board of Directors is available on our website at www.weatherford.com, by clicking on “Investor Relations,” then “Corporate Governance,” then “Corporate Documents,” then the name of the applicable committee charter.

Weatherford International plc — 2020 Proxy Statement     11

AGENDA ITEM 1

Independence: Each Committee other than the Health, Safety and Environment Committee, is composed entirely of independent directors.

Committee Members: The Board has determined that each member of the Audit Committee is “financially literate” pursuant to the listing standards of the NYSE and that each member is also an “audit committee financial expert,” as defined by applicable U.S. Securities and Exchange Commission (the “SEC”) rules, because of each of their individual extensive financial experience. All members of the Compensation Committee satisfy the qualification standards of Section 16 of the Exchange Act.

Additional information regarding Corporate Governance at Weatherford can be found on our website at www.weatherford.com in the “Investor Relations” section.

RISK MANAGEMENT OVERSIGHT

The Board has implemented an Enterprise Risk Management (ERM) system to identify and evaluate varying levels of risk and their potential impact on the enterprise, as well as steps to further mitigate those risks. Management representatives of the ERM committee present quarterly to the Audit Committee and annually to the full Board. Therefore, the Board is responsible for the oversight of overall risk management for the Company, and the Audit Committee is responsible for financial and compliance reporting as well as risk assessment.

As part of its oversight function, the Audit Committee discusses and implements guidelines and policies concerning financial and compliance risk assessment and management, including the process by which major financial and compliance risk exposure is monitored and mitigated. The Audit Committee works with members of management to assess and monitor risks facing the Company’s business and operations, as well as the effectiveness of the Company’s guidelines and policies for managing and assessing financial and compliance risk. The Audit Committee meets and discusses, as appropriate, issues regarding the Company’s risk management policies and procedures directly with those individuals responsible for day-to-day risk management in the Company’s assurance and compliance departments. The Audit Committee has also established policies and procedures for the pre-approval of all services provided by the independent registered public accounting firm as described in “Audit Committee Pre-Approval Policy” in this Proxy Statement. In addition, the Audit Committee has established procedures for the receipt, retention and treatment, on a confidential basis, of complaints received by the Company regarding its accounting, internal controls, Code of Conduct and other matters.

The Nominating and Governance Committee periodically provides oversight with respect to risks associated with our corporate governance policies and practices, including our Corporate Governance Principles. The Nominating and Governance Committee also oversees and reviews, on an annual basis, an evaluation of the Board, each of our Board committees, a director peer evaluation, and compliance with the Minimum Share Ownership Guidelines. The results of those evaluations are also considered as part of the Nominating and Governance Committee’s recommendations for Committee service and rotation, as appropriate.

The Compensation Committee reviews our compensation plans and practices to ensure they do not encourage excessive risk-taking and, instead, encourage behaviors that support sustainable value creation.

Our Health, Safety and Environment Committee oversees the Company’s policies and practices to promote good stewardship, to encourage safety awareness, to monitor safety performance and to provide suggestions to management for the resolution of health, safety and environmental concerns, all with a view towards reducing risks in those areas.

SUCCESSION PLANNING AND LEADERSHIP DEVELOPMENT

In addition to oversight of risk management, one of the priorities of our Board is to ensure that the Company has a long-term and evolving program for effective leadership development and succession. Our Board is committed to talent management and ensuring strong and effective leadership in the Company’s global management structure. Throughout the year, the Board is presented with high-potential leadership candidates and regularly updated on key talent metrics, including diversity, recruiting and development programs. The CEO reports to the Board on an annual (or more frequent, as needed) basis concerning management development and succession planning for other key positions. In addition, the Nominating and Governance Committee conducts annual CEO succession planning in executive session.

COMMITTEE ROTATION

We are committed to reviewing our Board composition, and to pursuing opportunities for refreshment. Upon our emergence from our financial restructuring, our prior independent directors resigned and were replaced with six new independent directors pursuant to the terms of the Second Amended Plan. Following their appointment to the Board upon our emergence from bankruptcy on December 13, 2019, these new directors were assigned to committees upon the vote of the entire Board. The Nominating and Governance Committee will consider potential committee rotations and refreshment when making its recommendations for the Board nominees for the 2021 Annual General Meeting.

LENGTH OF SERVICE

In reviewing each director’s continuation on the Board, the Nominating and Governance Committee will consider each director’s independence as well as skills, experience, number of other public and private company boards on which the individual serves, the composition of the Board at that time, history of attendance and effectiveness at meetings attended and other criteria in the context of the needs of the Company and the membership requirements described above. No director shall serve on the Board for more than ten (10) years.

12     Weatherford International plc — 2020 Proxy Statement

AGENDA ITEM 1

DIRECTOR INDEPENDENCE

The Board has affirmatively determined that each non-employee director is independent under the rules of the NYSE and the SEC. As contemplated by NYSE rules, the Board has adopted categorical standards to assist it in making independence determinations. These standards are available on our website at www.weatherford.com, by clicking on “Investor Relations,” then “Corporate Governance,” then “Corporate Documents,” then “Corporate Governance Principles.” However, in making independence determinations, the Board considers and reviews all relationships with each director, whether or not they fall within the categorical standards. None of the independent directors had relationships relevant to an independence determination that were outside the scope of the Board’s categorical standards.

RELATED PERSON TRANSACTIONS

Our Board has adopted a policy regarding related person transactions as part of a comprehensive governance program. This policy regarding transactions between us or any of our affiliates and our directors, executive officers and other employees is set forth in writing in our Corporate Governance Principles and our Code of Business Conduct. These documents are available on our website at www.weatherford.com, by clicking on “Investor Relations,” then “Company Information,” then “Corporate Governance,” then “Corporate Documents,” then selecting “Corporate Governance Principles” or “Code of Business Conduct,” as applicable. We also have a Supplemental Code of Business Conduct that applies to our Chief Executive Officer, our Chief Financial Officer and our Chief Accounting Officer, which is available in the same location under “Supplemental Code of Conduct.” The Board believes these documents promote the effective functioning of the Board, its Committees and management. Accordingly, they are periodically reviewed and revised, as appropriate.

If an actual or potential conflict of interest arises for any director, the director is required to notify the Board and is not allowed to participate in any discussions or vote on any transaction associated with the actual or potential conflict of interest. The Board approves any transactions with our Chief Executive Officer and our Chief Executive Officer approves any transactions with any other executive officer.

INDEPENDENT CHAIRMAN AND EXECUTIVE SESSIONS

The Board periodically examines its structure based on the existing and future needs of the Company to ensure its composition delivers the greatest long-term shareholder value. In 2017, the Board determined it was the appropriate time to separate the roles of Chief Executive Officer and Chairman. Mr. Bates, an independent director, serves as Chairman of the Board and our President and CEO, Mr. McCollum, serves as a director.

Mr. Bates, as Chairman, oversees executive sessions, which provide the Board with the ability to independently evaluate management and openly discuss strategic and other business issues involving the Company, ensuring that the Company is upholding high standards of corporate governance. Executive sessions are held after all regularly scheduled Board and, if appropriate, Committee meetings, and at such additional times as may be needed. In 2019, executive sessions of the independent directors were held at each of the four regularly scheduled Board meetings, plus additional special Board meetings.

For information on how to communicate with our Chairman and other directors, please see the “Communication with Directors” section on page 14.

DIRECTOR NOMINATIONS

In obtaining the names of possible director nominees, the Nominating and Governance Committee conducts its own inquiries and considers suggestions from other directors, management, shareholders and professional director search firms. The Committee’s process for evaluating nominees identified in unsolicited recommendations from shareholders is the same as its process for unsolicited recommendations from other sources.

The Nominating and Governance Committee will consider nominees recommended by shareholders who submit their recommendations in writing to Chairman, Nominating and Governance Committee, care of the Corporate Secretary, Weatherford International plc, 2000 St. James Place, Houston, Texas 77056. Recommendations received by the dates set forth in the “Proposals By Shareholders” section on page 27 will be considered for inclusion in the slate of director nominees to be presented at the annual general meeting in the following year. Unsolicited recommendations must contain the name, address and telephone number of the potential nominee, a statement regarding the potential nominee’s background, experience, expertise and qualifications, a signed statement confirming his or her willingness and ability to serve as a director and abide by our corporate governance policies, his or her availability for a personal interview with the Nominating and Governance Committee and evidence that the person making the recommendation is a shareholder of Weatherford.

The Nominating and Governance Committee believes that nominees should possess the highest personal and professional ethics, reputation, integrity and values and be committed to representing the long-term interests of our shareholders. Directors should have a record of accomplishment in their chosen professional field and demonstrate sound business judgment. Directors must be willing and able to devote sufficient time to carrying out their duties and responsibilities effectively, including attendance at and participation in Board and Committee meetings (which are held in Houston, Texas), and should be committed to serve on the Board for an extended period of time. The Nominating and Governance Committee will consider independence, diversity of viewpoints, backgrounds and experience, including a consideration of gender, ethnicity, race, country of citizenship and age in determining whether a candidate will be an appropriate fit with, and an asset to, the Board of Directors. When considering existing directors, the Nominating and Governance Committee evaluates their history of attendance at Board and Committee meetings as well as contributions and effectiveness at such meetings.

Weatherford International plc — 2020 Proxy Statement     13

AGENDA ITEM 1

Shareholders who wish to have a nominee considered by our shareholders at the Annual General Meeting must comply with the deadlines and procedures set forth in our articles of association. Please see “Proposals by Shareholders” in this Proxy Statement on page 27 for more information.

COMMUNICATION WITH DIRECTORS

Any shareholder or other interested party that desires to communicate with the Board of Directors or any of its specific members, including the Chairman or the directors as a group, should send their communication to the Corporate Secretary, Weatherford International plc, 2000 St. James Place, Houston, Texas 77056. All such communications will be forwarded, as appropriate, to the members of the Board.

We welcome input from our institutional and individual shareholders, regardless of the number of shares owned. Shareholders may also direct their comments to our U.S. Investor Relations Department in writing at 2000 St. James Place, Houston, Texas 77056 or Telephone +1 (713) 836-4000.

DIRECTOR COMPENSATION

Historically, we have used a combination of cash and share-based incentive compensation to attract and retain qualified candidates to serve on the Board. In setting independent director compensation, we consider the significant amount of time that directors expend in fulfilling their duties to the Company, including the number and location of meetings, as well as the level of knowledge and experience that we require of and expect from each member of our Board. Our Nominating and Governance Committee is responsible for reviewing and structuring our compensation policy regarding fees and compensation paid and granted to our independent directors.

In April of 2018, the Nominating and Governance Committee undertook a comprehensive evaluation of director fees. They considered the most recent peer group information, market practice and information provided by Meridian Compensation Partners (“Meridian”), our compensation consultant at the time, as well as the pros, cons and economics of meeting fees (previously used) versus flat fees. They also considered our transition in 2017 to an independent Chairman of the Board. Ultimately desiring to simplify compensation, the Nominating and Governance Committee approved a flat cash-based fee of $135,000 per year, paid quarterly, and an annual grant of $185,000 of share-based incentive compensation in the form of restricted share units, with the following additional retainers for the Chairman and Committee chairs. The Nominating and Governance Committee also eliminated additional fees for Audit Committee members.

Annual retainers are paid quarterly in advance. We do not compensate Mr. McCollum, our CEO, for his service on the Board.

On March 27, 2019, in response to the Company’s extremely depressed share price and the lack of available authorized equity, the Board approved a change to the 2019 non-employee directors’ compensation. In prior years, an annual grant of approximately $185,000 of director compensation was paid in the form of restricted share units, with the Chairman receiving an additional annual grant of $100,000 of restricted share units. Beginning in the second quarter of 2019, the annual amount previously paid to our non-employee directors in restricted share units was instead paid in cash, quarterly in advance.

Until we emerged from bankruptcy, the Compensation Committee and the Nominating and Governance Committee retained Meridian as an independent compensation consultant to advise on compensation matters. Meridian provided the Nominating and Governance Committee with comparative market data regarding board compensation practices and programs; analyses of publicly available information on our peer group; information regarding industry practices; as well as vesting and valuation information and analysis.

14     Weatherford International plc — 2020 Proxy Statement

AGENDA ITEM 1

Upon our emergence from bankruptcy, the newly appointed Compensation Committee retained Lyons, Benenson & Company Inc. as its independent compensation consultant to advise on compensation matters. Following an analysis and comprehensive review of our non-employee director compensation program with Lyons, Benenson & Company, Inc., on the recommendation of the Compensation Committee, the Board approved the following compensation structure for our directors:

The above covers up to 10 meetings per year for the full Board and each of its Committees. An additional fee of $1,500 per meeting shall be paid to each director for meetings exceeding that threshold. Cash retainers will be paid quarterly, in advance and will be prorated for the period between December 13, 2019, and December 31, 2019. Equity compensation shall be structured as grants of restricted stock units (“RSUs”) determined using the grant date fair value under ASC Topic 718 with a grant date to be selected for the current grant and for future years. The RSUs will vest on the first anniversary of the grant date with accelerated vesting in the event of death, disability and change in control. Delivery of the shares underlying the RSUs shall be deferred until the six month anniversary of the conclusion of a director’s board services, at the election of each director.

On April 13, 2020, in response to the global COVID-19 pandemic and the sudden drop in oil and gas prices in March 2020, the Company’s non-employee directors voluntarily agreed to temporarily reduce their compensation in 2020. The annual cash retainer payments for non-employee directors will temporarily be reduced by $5,000 a quarter, equal to $20,000 annualized, effective July 1, 2020. The annual equity retainer for non-employee directors granted on April 13, 2020 (the “Grant Date”) in respect of the one-year period commencing on the Grant Date (the “Annual Grant Period”) and the amount due in respect of the period served on the Board from December 13, 2019 through April 12, 2020, will be paid in cash, and the amount with respect to the Annual Grant Period will be subject to prorata clawback in the event a non-employee director voluntarily resigns form the Board prior to the one-year anniversary of the Grant Date.

2019 DIRECTOR COMPENSATION

The following table sets forth the compensation paid to each of our independent directors for the year ended December 31, 2019. Information about Mr. Mark A. McCollum, our President and Chief Executive Officer, is listed in the 2019 Summary Compensation Table in this Proxy Statement.

Weatherford International plc — 2020 Proxy Statement     15

AGENDA ITEM 2 - RATIFY APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZE AUDITORS’ REMUNERATION

The Board of Directors recommends that you vote “FOR” this proposal.

KPMG LLP and KPMG Chartered Accountants, Dublin (collectively, “KPMG”) served as the independent and Irish statutory auditors, respectively, for Weatherford for the year ended December 31, 2019. The Board, upon the recommendation of the Audit Committee, is asking our shareholders to ratify the appointment of KPMG LLP as our independent registered public accounting firm and auditor for the year ending December 31, 2020 and KPMG Chartered Accountants, Dublin as our statutory auditor under Irish law to hold office until the close of the 2021 AGM and to authorize the Board of Directors, acting through the Audit Committee, to determine the auditors’ remuneration. The selection of KPMG LLP as the independent registered public accounting firm for 2020 and KPMG Chartered Accountants, Dublin as Irish statutory auditor to hold office until the close of the 2021 AGM was approved by the Board, on the recommendation from the Audit Committee, on January 22, 2020.

An ordinary resolution (i.e., a simple majority of the votes cast “For” or “Against”) is required to approve this proposal. If you properly give a proxy but do not indicate how you wish to vote, the persons named on the proxy card, or if you do not name your proxy or proxies, the Proxy Holders, will vote for the proposal.

Representatives of KPMG will be present at the Annual General Meeting to respond to any appropriate shareholder questions and will be given an opportunity to make a statement if they so desire.

FEES PAID TO KPMG

The following table presents fees for professional audit services rendered by KPMG for the audit of the annual consolidated financial statements and statutory financial statements of Weatherford for the years ended December 31, 2019 and December 31, 2018 and fees billed for other services rendered by KPMG during those periods. All fees were approved by the Audit Committee pursuant to its pre-approval policy.

AUDIT COMMITTEE PRE-APPROVAL POLICY

The Audit Committee has established a pre-approval policy for all audit and non-audit services to be provided by our independent auditor, which was updated on June 19, 2018. There are two types of pre-approval. “General” pre-approval is based on pre-determined types of services. “Specific” pre-approval is required for certain types of services or if a service is expected to exceed budgeted amounts. “Specific” pre-approval must be obtained through direct communications with the Audit Committee or the Chairman of the Audit Committee, to whom the Audit Committee has delegated pre-approval authority. The Chairman must report any pre-approved decisions to the Audit Committee at its next scheduled meeting. During 2019, all audit and non-audit services performed by the independent auditor were subject to, and were approved pursuant to, the pre-approval policy.

The Audit Committee has designated the Company’s Chief Assurance Officer to monitor and report on the performance of all services provided by our independent auditor and to determine whether such services are in compliance with the pre-approval policy. Accordingly, the Chief Assurance Officer periodically reports to the Audit Committee regarding the results of his monitoring.

16     Weatherford International plc — 2020 Proxy Statement

AGENDA ITEM 2

AUDIT COMMITTEE REPORT

April 27, 2020

The Audit Committee represents and assists the Board in providing independent, objective oversight of the Company’s accounting functions and internal control over financial reporting. The Audit Committee acts under a charter which is available on the Company’s website at www.weatherford.com under “Investor Relations,” then “Corporate Governance,” then “Corporate Documents,” then Audit Committee Charter. The Board has determined that each member of the Audit Committee satisfies the requirements of the NYSE as to independence, financial literacy and expertise. In addition, each member of the Audit Committee qualifies as an independent director and possesses the requisite competence in accounting or auditing in satisfaction of the requirements for audit committees prescribed by the Irish Companies Act 2014.

Management is responsible for the Company’s financial statements and the reporting process, including the system of disclosure controls and procedures and internal control over financial reporting.

KPMG LLP, the Company’s independent registered public accounting firm, is responsible for expressing an opinion on the conformity of our financial statements with accounting principles generally accepted in the United States and on the effectiveness of the Company’s internal control over financial reporting.

In discharging its oversight role, the Audit Committee has:

The Audit Committee and the Board believe that, due to KPMG LLP’s knowledge of the Company and the industry in which the Company operates, it is in the best interest of the Company and its shareholders to continue the retention of KPMG LLP to serve as the Company’s independent registered public accounting firm. Although the Audit Committee has the sole authority to appoint the independent registered public accounting firm, the Audit Committee recommends that the Board ask the shareholders to ratify the appointment of the independent registered public accounting firm at the 2020 Annual General Meeting.

Based on the reviews and discussions referred to above, the Audit Committee recommended to the Board of Directors that the audited financial statements referred to above be included in the Annual Report on Form 10-K of Weatherford International plc for the year ended December 31, 2019.

Thomas R. Bates, Jr.		Gordon T. Hall (Vice Chair)		Charles M. Sledge (Chair)

Weatherford International plc — 2020 Proxy Statement     17

AGENDA ITEM 3 - ADVISORY APPROVAL OF EXECUTIVE COMPENSATION

The Board of Directors recommends that you vote “FOR” this proposal.

We are asking our shareholders to approve, on an advisory basis, the compensation of our NEOs pursuant to Section 14A of the Exchange Act, as disclosed in this Proxy Statement. While this vote is not binding on our Company, the results of the vote on this proposal will be carefully considered by the Board and the Compensation Committee when making future executive compensation decisions. We conduct annual advisory votes on NEOs compensation. Following the vote at the Annual Meeting, we expect that the next advisory vote on our compensation of our NEOs will take place at our 2021 Annual Meeting.

We urge you to carefully review the 2019 Summary Compensation Table and footnotes and related narrative discussion for more information regarding the compensation of our NEOs.

Historically, our compensation program has been designed and administered to:

However, in 2019, we faced challenges that required the Compensation Committee and Board to make compensation decisions based on alternate factors. Initial executive compensation decisions for 2019 were determined by the Compensation Committee and Board before the Board had determined that the financial restructuring of the Company would require filing for bankruptcy. Specifically, in March 2019, the Company and its compensation advisors reviewed the Company’s incentive plans to determine whether they continued to fulfill their purpose of retaining key employees and incentivizing key employees to perform at a high level. At that time, the Company’s historical incentive plans consisted primarily of an annual cash bonus program and long-term equity incentive awards. However, after reviewing the Company’s long-term incentive plans, the Company and the Compensation Committee determined that the current plans were not optimally effective in achieving their goals. Most significantly, because the ordinary shares of the Company were trading at extremely low prices, the Company did not have a large enough share reserve to continue to rely on our 2010 Omnibus Incentive Plan as a material retention and incentive tool in 2019.

As a result, the Company was unable to issue its historical long-term equity grants in 2019 to its employees, including the NEOs. In response, on March 27, 2019, the Board, on the recommendation of the Compensation Committee, determined to (i) suspend the Company’s Executive Non-Equity Incentive Compensation Plan (the “EICP”) with respect to 2019 and (ii) adopt (a) a new Executive Bonus Plan (the “EBP”) and (b) new retention award letters (the “Retention Award Letters”), in each case for certain key employees, including the NEOs.

For 2019, the new EBP provided the Company a means of rewarding key employees based on the overall performance of the Company and the achievement of certain quarterly and cumulative performance goals in 2019, as established by the Compensation Committee. Each individual participant was provided a cash target bonus opportunity set by the Compensation Committee.

In addition to the EBP, the Company also entered into Retention Award Letters with the same key employees who participated in the EBP. Each such individual received a cash retention award (a “Retention Award”) in an amount equal to a percentage of the recipient’s annual base salary. The Retention Awards were payable in advance within 30 days after participants executed their individual Retention Award Letter. The material terms of the Retention Award Letters are described in the section “Annual Cash Incentive Compensation” below.

Effective upon our emergence from bankruptcy on December 13, 2019, all of our existing directors other than Mr. McCollum, our Chief Executive Officer, resigned and, in accordance with the terms of the Second Amended Plan, six directors designated by the Ad Hoc Noteholder Committee (as defined in the Second Amended Plan) were appointed to our Board. 2019 executive compensation decisions were made by the Board and members of the Compensation Committee who resigned effective upon our emergence from bankruptcy in accordance with the terms of the Second Amended Plan.

We believe the information in this Proxy Statement demonstrates the design and implementation of a compensation program in 2019 that was necessary in order to align shareholders’ and management’s interests given the constraints and challenges resulting in the Company’s ultimate decision to complete its financial restructuring through bankruptcy proceedings. Accordingly, the current Board of Directors recommends that shareholders approve the compensation program that was implemented for 2019 by approving the following resolution:

“RESOLVED, that the shareholders of the Company approve, on an advisory basis, the compensation of the Company’s named executive officers disclosed pursuant to Item 402 of Regulation S-K, including the Executive Compensation section of the Proxy Statement for the Company’s 2020 Annual General Meeting of Shareholders, which includes the 2019 Summary Compensation Table and footnotes and accompanying narrative discussion.”

An ordinary resolution (i.e., a simple majority of the votes cast “For” or “Against,”) is required to approve this proposal. If you properly give a proxy but do not indicate how you wish to vote, the persons named on the proxy card, or if you do not name your proxy or proxies, the Proxy Holders, will vote for the proposal.

18     Weatherford International plc — 2020 Proxy Statement

EXECUTIVE COMPENSATION TABLES

INTRODUCTION

We are currently considered a smaller reporting company for purposes of the SEC’s executive compensation disclosure rules. In accordance with such rules, we are required to provide a Summary Compensation Table and an Outstanding Equity Awards at Fiscal Year-End Table, as well as limited narrative disclosures. Further, our reporting obligations extend only to the individuals serving as our chief executive officer and our two other most highly compensated executive officers at the end of the fiscal year. We have included Mr. Bausch who would have been one of the two other most highly compensated individuals except that his employment with the company was terminated effective December 6, 2019. Similarly, we have included Mr. Fraser who served as our Interim Chief Financial Officer when Mr. Bausch stepped down. We refer to these individuals below as our “named executive officers” for the year ended December 31, 2019:

2019 SUMMARY COMPENSATION TABLE

This table shows the total compensation paid for the years ended December 31, 2019, 2018 and 2017 to our NEOs, including certain former Chief Financial Officer.

Weatherford International plc — 2020 Proxy Statement     19

EXECUTIVE COMPENSATION TABLES

At the same time, the Company entered into Retention Award Letters with the same key employees who participate in the EBP. Each such individual received a cash retention award in an amount equal to a percentage of the recipient’s annual base salary. The retention award for the NEOs are set forth in the table below:

20     Weatherford International plc — 2020 Proxy Statement

EXECUTIVE COMPENSATION TABLES

NARRATIVE DISCLOSURE TO SUMMARY COMPENSATION TABLE

The following is a discussion of material factors necessary to an understanding of the information disclosed in the Summary Compensation Table.

BASE SALARY

Base salary provides a fixed level of compensation to the executive that is representative of his or her skills, responsibilities and experience. Base salaries for our executive officers are reviewed annually. Proposed changes to base salaries are reviewed by the Compensation Committee following recommendations from the CEO (excluding his own base salary) and the Senior Vice President of Human Resources. The Compensation Committee does not rely on predetermined formulas or criteria when evaluating executive base salaries but considers comparable market data provided by its independent compensation consultant. The Compensation Committee also considers individual contributions, retention and succession planning concerns in setting base salaries.

Market volatility due to the Covid-19 pandemic and recent uncertainty in the global oil markets has disrupted the supply/demand equation, resulting in significant commodity price weakness and material reductions to the capital spending plans of our customers. In response to these developments, effective April 1, 2020, our executive officers voluntarily agreed to a 20% reduction in their base salaries for an indefinite period of time.

ANNUAL CASH INCENTIVE COMPENSATION

Our annual cash incentive compensation is generally structured to deliver payouts in line with market multiples when performance targets are achieved or exceeded. In 2019, the Company and its compensation advisors reviewed the Company’s incentive plans to determine whether they continued to fulfill their purpose of retaining key employees and incentivizing key employees to perform at a high level. At that time, the Company’s incentive plans consisted primarily of an annual cash bonus program and long-term equity incentive awards. After reviewing the Company’s current incentive plans, the Company and the Compensation Committee determined that the current plans were not optimally effective in achieving their goals. Most significantly, because the ordinary shares of the Company had been trading at extremely low prices, the Company did not have a large enough share reserve to continue to rely on our 2010 Omnibus Incentive Plan as a material retention and incentive tool in the near future. As a result, the Company was unable to issue its historical long-term equity grants in 2019 to its employees, including the NEOs. In response, on March 27, 2019, the Board, on the recommendation of the Compensation Committee, determined to (i) suspend the Company’s EICP with respect to 2019 and (ii) adopt (a) a new EBP and (b) new Retention Awards, in each case for certain key employees, including the NEOs. The actual EBP and Retention Awards are described in footnote (f) to the 2019 Summary Compensation Table above.

For 2019, the EBP provided a means of rewarding key employees based on the overall performance of the Company and the achievement of certain quarterly and cumulative performance goals in 2019 to be established by the Compensation Committee. Each individual participant was provided a cash target bonus opportunity set by the Compensation Committee. Each participant was eligible to receive up to 200% of his or her target bonus if stretch performance was achieved. Payments were made in cash quarterly in arrears and participants generally had to remain employed until the date the payment was made in order to receive payments under the EBP.

In addition to the EBP, the Company also entered into Retention Award Letters with the same key employees who participated in the EBP. Each such individual received a cash Retention Award in an amount equal to a percentage of the recipient’s annual base salary (200% for the NEOs other than Mr. Fraser whose percentage was 150%). The retention awards were payable in advance within 30 days after participants accepted the terms. Under the Retention Award Letters, in the event a recipient of a Retention Award voluntarily terminated his or her employment, or the Company terminated such recipient’s employment for Cause (as defined in each Retention Award Letter), in either case, before the first anniversary of the date on which the recipient received the Retention Award, then such recipient will be required to promptly repay to the Company the amount of the Retention Award. A recipient will not be required to repay a Retention Award in the event of termination of employment due to death or disability or by the Company without Cause subject to the recipient’s (or in the case of the recipient’s death, the recipient’s legal representative’s) execution of a release of claims against the Company. The Retention Award Letters also include certain restrictive covenants (including agreements not to solicit Company clients or employees for one year following termination and not to compete with the Company for six months following termination).

With the exception of 2019 and the adoption of the EBP and Retention Award Letters, during the first quarter of each year, the Compensation Committee has traditionally established the terms of any awards under our EICP, including the financial metrics and goals for each award. The EICP awards for NEOs are determined based on predetermined formulaic financial metrics aligned with the Company’s strategic and financial goals. Given our recent emergence from bankruptcy, the instability in the oil and gas industry and the uncertainty in the markets as a result of the COVID-19 pandemic, the Company has not yet established the annual cash incentive compensation plan for 2020.

LONG-TERM EQUITY INCENTIVE COMPENSATION

Long-term equity incentives are designed to motivate management to enable the Company to achieve long-term performance improvements and serve to link a significant portion of compensation to shareholder returns. Consistent with the objectives and philosophy of our compensation programs, historically, the Company has issued awards of long-term equity compensation from time to time under our 2010 Omnibus Incentive Plan, as amended, and approved by our shareholders. We generally granted long-term equity awards annually in the first quarter to incentivize future performance. However, for 2019, due to the Company’s extremely depressed share price and the lack of available authorized shares under our 2010 Omnibus Incentive Plan, the Committee temporarily discontinued the use of long-term equity as an appropriate vehicle to motivate and retain management. The new EBP and Retention Award Letters were intended to replace long-term incentive awards during 2019 given the limitations on our ability to grant long-term incentive awards caused by our depressed share price.

Weatherford International plc — 2020 Proxy Statement     21

EXECUTIVE COMPENSATION TABLES

On emergence from bankruptcy, pursuant to the terms of the Second Amended Plan, we adopted the Weatherford 2019 Equity Incentive Plan (the “2019 EIP”) by which shares are available for issuance. However, given our recent emergence from bankruptcy, the instability in the oil and gas industry and the uncertainty in the markets as a result of the COVID-19 pandemic, the Company has not yet reinstated the use of long-term equity for our NEOs and other employees and no grants were made in 2019 following the adoption of the 2019 EIP and our emergence from bankruptcy.

PERQUISITES

We provide our NEOs with limited perquisites and other personal benefits that we believe are reasonable and consistent with the practices of our peer group. Perquisites made available to our NEOs include matching contributions to our 401(k) plan and other contribution plans. The amounts of these perquisites are shown in the 2019 Summary Compensation Table and the related footnotes. Matching contributions to our 401(k) plan have been suspended Company-wide effective April 30, 2020.

EXPATRIATE BENEFITS

For our NEOs who are assigned to an international location outside of their home country or country of primary residence, we provide reasonable and customary expatriate benefits, including relocation expenses, housing allowance and educational expenses for dependent children. The types and values of expatriate benefits for each NEO are shown in the 2019 Summary Compensation Table and notes to that table.

We also provide NEOs who are on international assignment a benefit designed to absorb the additional tax burden resulting from their assignment. We believe these benefits are standard in our industry and generally apply to non-management expatriate employees as well. We believe the level of tax benefit provided is reasonable and not excessive. Further, we believe the cost to the Company of providing this benefit is reasonable in light of the benefits we receive in having our officers assigned outside their home country.

The tax policy provided to NEOs assigned to Switzerland receiving expatriate benefits, i.e., only Mr. Bausch (who is no longer with the Company) followed a hypothetical tax model in which 30% of his base salary and 35% for all other incentive compensation was deducted from his salary, bonus and equity income, with no deductions and no exemptions. The fixed hypothetical tax withholding was intended to be commensurate with a typical executive’s effective home country tax rate and applied irrespective of whether the executives incur actual home country tax. Weatherford, in turn, pays income and social taxes on behalf of the executive to the extent required on company-related income. NEOs were responsible for home country and Swiss tax on their personal income. Many companies use a “tax equalization” method, in which the expatriate’s taxes are calculated based on what they would be in his or her home country if he or she were not on an international assignment, and the Company reimburses the expatriate for all taxes above that amount. However, we believe the hypothetical tax approach reduces the administrative burden and costs associated with management and application of the policy.

OTHER GENERALLY AVAILABLE BENEFITS AND COMPENSATION

Our NEOs are eligible for additional Company-wide benefits on the same basis as other full-time employees. These include a 401(k) plan, as well as health, medical and welfare programs. We also pay life insurance premiums on their behalf. Additionally, our NEOs are entitled to severance benefits under: (i) with respect to all current NEOs, a Change in Control Agreement; (ii) with respect to Mr. McCollum, an individually tailored inducement arrangement; and (iii) with respect to all executive officers, excluding Mr. McCollum, our general severance guidelines.

OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END

As a result of our emergence from bankruptcy and pursuant to the terms of the Second Amended Plan, all outstanding equity awards held by our NEOs vested immediately prior to our emergence from bankruptcy and were treated as issued and outstanding old ordinary shares. No additional grants of equity awards have been awarded since our emergence from bankruptcy. Therefore, at December 31, 2019, none of our NEOs held any outstanding equity awards.

22     Weatherford International plc — 2020 Proxy Statement

EXECUTIVE COMPENSATION TABLES

POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE OF CONTROL

The following table lists the compensation and benefits that Weatherford would provide to our current NEOs in various scenarios involving a termination of employment or upon a change of control on December 31, 2019. For all of our NEOs, a change in control was triggered upon our emergence from bankruptcy on December 13, 2019. Compensation and benefits generally available to salaried employees are not included in the below.

Weatherford International plc — 2020 Proxy Statement     23

EXECUTIVE COMPENSATION TABLES

CHANGE IN CONTROL AGREEMENT

Each of our NEOs, Mr. McCollum, Mr. Blanchard, Ms. Ibrahim and Mr. Fraser (as used in this section, the “executives”) are party to a Change in Control Agreement, as amended (the “CIC Agreement”) with the Company. The benefits provided to the executives in the event of a change of control of the Company are designed to allow them to assess takeover bids objectively and focus solely on the best interests of shareholders. In general, a change of control will occur if (i) another person becomes the owner of 30% or more of the combined voting power of our stock, (ii) there is a change in a majority of the members of the then- incumbent Board, or (iii) our shareholders approve a merger with another entity in which our shareholders fail to own more than 50% of the combine voting power of the surviving entity. A change in control occurred on December 13, 2019 upon our emergence from bankruptcy. Mr. Bausch, our former Chief Financial Officer, was a party to a CIC Agreement that was triggered upon his departure from the Company effective December 6, 2019. See the Summary Compensation Table on page 19 for termination payments made to Mr. Bausch.

The CIC Agreements were amended effective upon our emergence from bankruptcy on December 13, 2019. Our emergence from bankruptcy constituted a change of control under the CIC Agreements and required certain changes to the definition of what constitutes a change in control and how payments under the CIC Agreements were to be calculated. As amended, each CIC Agreement has a term of two years ending on December 12, 2021 (two years from the effective date of our emergence from bankruptcy), subject to automatic extension for a two-year period in the event that a subsequent change in control (a change in control other than as a result of bankruptcy) has occurred. Under the terms of the CIC Agreement, if, during the term of the CIC Agreement, employment is terminated by the Company or its successor within six months preceding or at any time following a subsequent change of control of the Company, other than for “cause,” or by the executive for “good reason,” as those terms are defined in the agreement, they are entitled to receive:

Pursuant to the CIC Agreement, the executives are subject to a customary non-solicitation covenant that lasts during the period of employment and for one year thereafter.

Upon a subsequent change of control (after our emergence from bankruptcy), the executive’s equity awards will vest, any applicable forfeiture restrictions will lapse and the multiplier for the PSUs will be 2x. We have agreed to pay legal fees and expenses reasonably incurred by the executives in any disputes regarding the change of control, provided that they agree to reimburse for those fees and expenses if they act in bad faith in connection with any dispute.

EXECUTIVE SEVERANCE GUIDELINES, SEVERANCE AND TERMINATION BENEFITS

The Committee has adopted a framework for severance arrangements for corporate officers, which we refer to as our executive severance guidelines. These guidelines are designed to set consistent parameters for corporate officers who are terminated for reasons other than performance or cause, and include payments as follows:

The only exception to our executive severance guidelines is Mr. McCollum. In the event he is terminated by the Company without “cause” or he leaves for “good reason,” each as defined in the CIC Agreements (see above), in lieu of payments under the above severance guidelines, he will receive cash in an amount equal to two times base salary.

24     Weatherford International plc — 2020 Proxy Statement

OTHER INFORMATION

SHARE OWNERSHIP

SHARES OWNED BY DIRECTORS AND EXECUTIVE OFFICERS

This table shows the number and percentage of ordinary shares beneficially owned by each of our NEOs and each of our directors and all of our executive officers and directors as a group as of April 15, 2020. Each person has sole voting and investment power for the shares shown below.

SHARES OWNED BY CERTAIN BENEFICIAL HOLDERS

This table shows information for each person who may be deemed to beneficially own 5% or more of our outstanding ordinary shares as of April 15, 2020, as contained in filings made by the shareholder with the SEC.

Weatherford International plc — 2020 Proxy Statement     25

OTHER INFORMATION

MANDATORY MINIMUM SHARE OWNERSHIP GUIDELINES

The Board believes that it is important to align the interests of management with the interests of our shareholders. In furtherance of this philosophy, the Company adopted the following mandatory minimum share ownership guidelines. Share ownership includes shares owned directly as well as equity-based awards not yet fully vested and retirement plans (including our 401(k) plan). The minimum guidelines are based on a multiple of base salary or, in the case of directors, annual cash retainer. The guidelines are as follows:

A transition period of five years is allowed for new directors and executive officers in order to achieve the ownership amount, provided, however, that holding requirements are expected to be fulfilled through equity grants issued by Weatherford, not through open market transactions.

The Committee has reviewed the share ownership of our executive officers and directors. All of our non-employee directors currently meet the required share ownership guidelines due to falling within the transition period for compliance. The share ownership guidelines for our named executive officers has been reset due to our recent emergence from restructuring. Executive officers have five years from December 13, 2019 to achieve compliance with the guidelines.

26     Weatherford International plc — 2020 Proxy Statement

OTHER INFORMATION

INCORPORATION BY REFERENCE

The Audit Committee Report contained in this Proxy Statement is not deemed to be soliciting material or filed with the SEC and shall not be deemed incorporated by reference into any prior or future filings we make under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that we specifically incorporate any of this information by reference. Information contained in or connected to our website is not incorporated by reference into this Proxy Statement and should not be considered part of this Proxy Statement or any other filing that we make with the SEC.

PRESENTATION OF IRISH STATUTORY ACCOUNTS

The Company’s Irish Statutory Accounts for the fiscal year ended December 31, 2019, including the reports of the directors and Irish statutory auditor thereon, will be presented at the Annual General Meeting, and there will be a review of the Company’s affairs. The Company’s Irish Statutory Accounts have been approved by the Board of Directors of the Company. There is no requirement under Irish law that such statements be approved by shareholders, and no such approval will be sought at the Annual General Meeting. The Company’s Irish Statutory Accounts are available with the Proxy Statement, and the Company’s Annual Report at www.weatherfordannualmeeting.com and in the Investor Relations section of the Company’s website at www.weatherford.com.

PROPOSALS BY SHAREHOLDERS

Rule 14a-8 under the Exchange Act addresses when a company must include a shareholder’s proposal in its Proxy Statement and identify the proposal in its form of proxy when the company holds a meeting of shareholders. Under Rule 14a-8, in order for your proposals to be considered for inclusion in the Proxy Statement and proxy card relating to our 2021 annual general meeting, your proposals must be received by us by December 28, 2020 and must otherwise comply with Rule 14a-8. Any proposal received after such date will be considered untimely.

If you desire to bring a matter before the 2021 annual general meeting and the proposal is submitted outside the process of Rule 14a-8, you may use the procedures set forth in our articles of association. Our articles of association provide that a person who (i) is a registered shareholder (A) at the time of the notice, referred to below and (B) at the time of the annual general meeting, (ii) is entitled to vote at the annual general meeting and (iii) complies with the notice and certain other relevant provisions of the articles of association, may, by timely written notice, bring a nomination for the election of a director or other business before an annual general meeting.

To be timely for an annual general meeting, a registered shareholder’s notice to bring a nomination or other business must be delivered or mailed and received at the Company’s registered office, addressed to the Corporate Secretary no earlier than 60 calendar days and no later than 90 calendar days before the first anniversary of the Company’s annual general meeting for the prior year; provided, however, that (A) if the annual meeting of members is advanced by more than 30 days, or delayed by more than 60 days, from the first anniversary of the prior year’s annual general meeting or (B) if no annual meeting was held during the prior year, the notice by the registered shareholder to be timely must be received (1) no earlier than 120 days before such annual general meeting and (2) no later than the later of 90 days before such annual general meeting and the tenth day after the day on which the notice of such annual general meeting was first made by mail or public disclosure.

In no event shall an adjournment or postponement, or public disclosure of an adjournment or postponement, of an annual general meeting commence a new time period (or extend any time period) for the giving of the notice of business. The request must specify any other information that would be required to be included in a Proxy Statement pursuant to the rules of the SEC.

We recommend that any shareholder desiring to make a nomination or submit a proposal for consideration obtain a copy of our articles of association. They are available on our website at www.weatherford.com, by clicking on “Investor Relations,” then “Corporate Governance,” then “Corporate Documents,” then “Memorandum and Articles of Association.” Shareholders also may obtain a copy of these documents free of charge by submitting a written request to our Corporate Secretary at 70 Sir John Rogerson’s Quay, Dublin 2, Ireland.

Any shareholder proposal (including the nomination of any director), whether or not to be included in our Proxy Materials, must be sent to our Corporate Secretary at the Company’s registered office, 70 Sir John Rogerson’s Quay, Dublin 2, Ireland.

OTHER BUSINESS

We know of no other business that will be brought before the Annual General Meeting. Under our articles of association, shareholders may only bring business before a general meeting if it is requested within the time limits described above in the section entitled “Proposals by Shareholders” or if it is otherwise provided under Irish law or our articles of association. If any other matters are properly presented, the persons named on the proxy card will vote the shares represented by proxies as they deem advisable.

Weatherford International plc — 2020 Proxy Statement     27

OTHER INFORMATION

HOUSEHOLDING

The SEC permits a single Proxy Statement to be sent to any household at which two or more shareholders reside if they appear to be members of the same family. Each shareholder continues to receive a separate proxy card. This procedure, referred to as householding, reduces the volume of duplicate information shareholders receive and reduces mailing and printing expenses. A number of brokerage firms have instituted householding.

As a result, if you hold your shares through a broker and you reside at an address at which two or more shareholders reside, you will likely be receiving only one Proxy Statement or one Notice of Internet Availability unless any shareholder at that address has given the broker contrary instructions. However, if any such beneficial shareholder residing at such an address wishes to receive a separate Proxy Statement or Notice of Internet Availability in the future, or if any such beneficial shareholder that elected to continue to receive separate Proxy Statement or Notice of Internet Availability wishes to receive a single Proxy Statement or Notice of Internet Availability in the future, that shareholder should contact their broker or send a request to our U.S. Investor Relations Department at 2000 St. James Place, Houston, Texas 77056. Telephone requests may be directed to +1 (713) 836-4000. We will deliver, promptly upon written or oral request to our U.S. Investor Relations Department, a separate copy of this Proxy Statement or Notice of Internet Availability to a beneficial shareholder at a shared address to which a single copy of the documents was delivered.

ADDITIONAL INFORMATION AVAILABLE

The 2019 Annual Report on Form 10-K and the audited consolidated financial statements of Weatherford for the year ended December 31, 2019 and accompanying directors’ auditor’s reports have been filed with the SEC. Complete copies of these materials are available on our website at www.weatherford.com. Any record shareholder may also obtain a copy of these documents free of charge by contacting our U.S. Investor Relations Department in writing at 2000 St. James Place, Houston, Texas 77056 or by telephone at +1 (713) 836-4000. Copies of any exhibits to Weatherford Annual Report on Form 10-K also are available upon written request subject to a charge for copying and mailing. If you have any other questions about us, please contact our U.S. Investor Relations Department at the address or phone number above or visit our website.

28     Weatherford International plc — 2020 Proxy Statement