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The transaction is expected to close in the summer of 2019, subject to regulatory approvals and other customary conditions

Announcing…The first fully integrated Digital Oilfield Automation solutions provider

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The transaction is expected to close in the summer of 2019, subject to regulatory approvals and other customary conditions

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The Oilfield TodayCustomers’ biggest challenges

Well Head, Monitoring

& Artificial Lift

Gathering, Separation & Surface Processing and Process Automation

Terminals & Storage

Custody Transfer

Pipelines

Down Hole Sensing & Measurement

ON AND OFF SHORE

Sub Sea Operations

Offshore Production

Floating Production & Storage

EnterpriseEnterpriseEnterprise

Rockwell Automationassets embedded

throughout the Oilfield Drives Controllers HMII/O …

▪ Many disparate assets

▪ Remote assets are not connected

▪ Many manual processes

▪ Scarcity of technical experts

▪ Increased focus on cost reduction

▪ Project and risk management

▪ Safety and security

▪ Limited resources

▪

C H A L L E N G E S

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Solving Customer ChallengesCreating first fully integrated Digital Oilfield Automation solutions provider

▪ Volatility

▪ Pressure on profit margins

▪ Market consolidation

▪ Optimize / expand capacity while minimizing capital investment

INDUSTRY TRENDS

▪ Faster time to market

▪ Operational productivity

▪ Asset management and reliability

▪ Enterprise risk management

CUSTOMER NEEDS

▪ Measurement and data connectivity for insight & analytics

▪ Artificial Lift – optimization and life extension of oil wells

▪ Integrated process automation

SENSIA CUSTOMER OUTCOMES

Complete lifecycle and process automation solutions from well to terminal

~$5B Upstream PAM for Digital Oilfields

Currently no single end-to-end solution provider or unified technology platform

Market projected to growdouble digits

OPPORTUNITIES FOR GROWTH

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Sensia – creating the industry leader in Digital Oilfield and Automation

Complementary Expertise

Production Optimization Analytics

Complementary Technologies

Well & Reservoir Analysis

Measurement & Instrumentation

Enterprise-Wide Visualization & Analytics

Production ManagementSoftware

Digital Oilfield Domain Expertise

Real-Time Control, Data & Asset Connectivity

Digital Oilfield Well & Reservoir Production Optimization Oil & Gas Process Automation

Production Optimization Implementation

Production Optimization Implementation

Packaged Artificial Lift

Leveraging both companies’ technology and expertise

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Joint Venture Structure

~1,000 employees~$400M initial revenue

HQ Location: Houston, TX>80 countries served

People

Domain Expertise

Technology & Businesses

~1,000 employees~$400M initial revenue

HQ Location: Houston, TX>80 countries served

~$250M PAYMENT AT CLOSING

53% 47%

~500 employees

Oil & Gas

Control & IoT CapabilitiesOil & Gas Solutions & Services Software & AnalyticsArtificial Lift

People

Domain Expertise

Technology & Businesses

~500 employees

Oil & Gas

MeasurementInstrumentation

Software & AnalyticsArtificial Lift

Estimated closing and operations begin in summer 2019

Focused on SolutionsFocused on Solutions

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Sensia’s Differentiated OfferingWill provide an integrated offering vs project-based partnerships

▪ Secure, scalable solutions integrated into one technology platform (cloud or on premise)

▪ Integrated process control, safety & information solutions

▪ Single point of responsibility for contract management▪ Committed & fully integrated technology roadmap ▪ Deep domain expertise and global footprint

MEASUREMENTARTIFICIAL

LIFTPROCESS

AUTOMATIONDATA

MANAGEMENT APPLICATIONS

Maturity Key High Medium Low

Industry’s first Digital Oilfield Automation solutions provider

ROK

SLB

End-to-end solutions – from measurement to production optimization to process automation

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So How Does it All Work?

Customer Outcomes

▪ Improved visibility to disconnected data▪ Elimination of manual process to drive

production efficiencies▪ Asset optimization and automation▪ Safety and security

(both personnel and assets)

Real-Time Control & Process Automation

Wells & Artificial Lift

Operational Assets &

Equipment

Well Pad

Data Connectivity & Orchestration

Production Optimization

Example of Upstream Oil & Gas Application

Field DevicesAssets

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Sensia’s Estimated Initial Revenue Mix

By StreamBy Region

80%

Upstream

15%

Midstream

5%

Downstream

EMEA

North America

Asia Pacific

41%

27%

19%

13%

LatinAmerica

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Sensia…The first fully integrated Digital Oilfield Automation solutions provider