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Exxon Mobil | 8-K: Voting Results of Annual Shareholders' Meeting

SEC announcement ·  May 31 22:48
Summary by Futu AI
Exxon Mobil Corporation held its Annual Meeting of Shareholders on May 29, 2024, with a significant turnout of 83.8% of shares entitled to vote. At the meeting, all twelve of the Board's director nominees were elected, with the percentage of votes for each ranging from 91.6% to 98.4%. Additionally, the ratification of independent auditors was approved with 97.1% of votes cast in favor, and the advisory vote to approve executive compensation passed with 92.3% approval. Four shareholder proposals were considered, with the highest support received for a report on plastic production under SCS scenario at 20.8% and additional pay report on gender and racial basis at 20.0%. The other two proposals regarding executive pay incentives for GHG emission reductions and an additional social impact report received 1.7% and 7.5% support, respectively. Maria S. Dreyfus, who was elected as a non-employee director in connection with the acquisition of Pioneer Natural Resources Company, was re-elected for a full term by the Board immediately following the annual meeting. Her initial Board Committee assignments are yet to be determined.
Exxon Mobil Corporation held its Annual Meeting of Shareholders on May 29, 2024, with a significant turnout of 83.8% of shares entitled to vote. At the meeting, all twelve of the Board's director nominees were elected, with the percentage of votes for each ranging from 91.6% to 98.4%. Additionally, the ratification of independent auditors was approved with 97.1% of votes cast in favor, and the advisory vote to approve executive compensation passed with 92.3% approval. Four shareholder proposals were considered, with the highest support received for a report on plastic production under SCS scenario at 20.8% and additional pay report on gender and racial basis at 20.0%. The other two proposals regarding executive pay incentives for GHG emission reductions and an additional social impact report received 1.7% and 7.5% support, respectively. Maria S. Dreyfus, who was elected as a non-employee director in connection with the acquisition of Pioneer Natural Resources Company, was re-elected for a full term by the Board immediately following the annual meeting. Her initial Board Committee assignments are yet to be determined.

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