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WEATHERFORD INTERNATIONAL LTD./SWITZERLAND FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

June 17, 2014

Item 5.07 Submission of Matters to a Vote of Security Holders.

An extraordinary general meeting of the shareholders of Weatherford International Ltd., a Swiss joint-stock corporation ("Weatherford Switzerland"), was held on June 16, 2014. The meeting was held for shareholders to consider a proposal to: (i) adopt a merger agreement (the "Merger Agreement"), pursuant to which Weatherford International plc, a public limited company organized under the laws of Ireland ("Weatherford Ireland"), would become the new public holding company and the parent of the Weatherford group of companies; and (ii) approve a proposal relating to the creation of distributable profits of the new Irish parent company under Irish law.

At the meeting, the Merger Agreement and the distributable profits proposals were approved by the requisite vote of the shareholders of Weatherford Switzerland. Set forth below is the number of votes cast for and against each proposal, as well as the number of abstentions and broker non-votes.

Agenda Item Votes For Votes Against Votes Abstaining Broker Non­Votes Adopt the Merger Agreement (Weatherford Switzerland into Weatherford Ireland) 587,308,913 10,259,697 1,325,533 57,830,332 Approve the distributable profits proposal 651,729,885 3,161,495 1,833,095 -

On June 17, 2014, the merger was registered in the commercial register of the Canton of Zug, Switzerland, and has thereby become effective.


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Source: Edgar Glimpses

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