Appendix: GAAP to NON-GAAP Reconciliation

Appendix A
^{($ in millions)}

Reconciliation of GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA (Unaudited)

^{Please see the corresponding earnings release available on Weatherford’s website for additional information and additional GAAP to Non-GAAP reconciliation tables}
^{[1] Adjusted EBITDA is a non-GAAP measure that represents income before interest expense, net, income taxes, depreciation and amortization, and excludes among other items, restructuring charges, share-based compensation expense, as well as other charges and credits.}

Appendix B
^{($ in millions)}

Reconciliation of GAAP Cash Flows Provided by Operating Activities to Non-GAAP Free Cash Flow (Unaudited)

^{Please see the corresponding earnings release available on Weatherford’s website for additional information and additional GAAP to Non-GAAP reconciliation tables}
^{[1] Free cash flow is a non-GAAP measure that is calculated as cash flows provided by (used in) operating activities, less capital expenditures plus proceeds from the disposition of assets.}

Appendix C
^{($ in millions)}

Non-GAAP Net Leverage Ratio (Unaudited)

^{Please see the corresponding earnings release available on Weatherford’s website for additional information and additional GAAP to Non-GAAP reconciliation tables}
^{[1] Net debt is a non-GAAP measure calculated as total short and long-term debt less cash and cash equivalents and restricted cash. Adjusted EBITDA is a non-GAAP measure that represents income before interest expense, net, income taxes, depreciation and amortization, and excludes among other items, restructuring charges, share-based compensation expense, as well as other charges and credits. Net leverage ratio is net debt divided by adjusted EBITDA.}

Appendix A ($ in millions)

Appendix B ($ in millions)

Appendix C ($ in millions)

Appendix A
^{($ in millions)}

Appendix B
^{($ in millions)}

Appendix C
^{($ in millions)}