Exxon Mobil Files Proxy Materials

TL;DR

XOM filed proxy docs, no fee. Standard shareholder stuff.

AI Summary

Exxon Mobil Corporation (XOM) filed a Definitive Additional Materials proxy statement on May 15, 2024. This filing is related to the company's proxy statement and does not involve a fee, as indicated by the 'No fee required' checkbox. The filing is for the company itself, not a third party, and is not a preliminary proxy statement.

Why It Matters

This filing is a standard procedural document for public companies, indicating that Exxon Mobil is proceeding with its shareholder communication and voting processes for upcoming meetings.

Risk Assessment

Risk Level: low — This filing is a routine administrative document for a large public company and does not contain new financial information or strategic decisions that would inherently increase risk.

Key Players & Entities

• EXXON MOBIL CORP (company) — Registrant
• XOM (company) — Ticker Symbol
• 0001193125-24-139185 (filing_id) — Accession Number
• 20240515 (date) — Filing Date

FAQ

From the Filing

0001193125-24-139185.txt : 20240515 0001193125-24-139185.hdr.sgml : 20240515 20240515133026 ACCESSION NUMBER: 0001193125-24-139185 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240515 DATE AS OF CHANGE: 20240515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXXON MOBIL CORP CENTRAL INDEX KEY: 0000034088 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 135409005 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-02256 FILM NUMBER: 24949042 BUSINESS ADDRESS: STREET 1: 22777 SPRINGWOODS VILLAGE PARKWAY CITY: SPRING STATE: TX ZIP: 77389-1425 BUSINESS PHONE: 9729406000 MAIL ADDRESS: STREET 1: 22777 SPRINGWOODS VILLAGE PARKWAY CITY: SPRING STATE: TX ZIP: 77389-1425 FORMER COMPANY: FORMER CONFORMED NAME: EXXON CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: STANDARD OIL CO OF NEW JERSEY DATE OF NAME CHANGE: 19721123 DEFA14A 1 d822081ddefa14a.htm DEFA14A DEFA14A 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 Filed by the Registrant ☒        Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☒ Definitive Additional Materials ☐ Soliciting Material under § 240.14a-12 EXXON MOBIL CORPORATION (Name of Registrant as Specified In Its Charter) NOT APPLICABLE (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required ☐ Fee paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. Exxon Mobil Corporation  James R. Chapman 22777 Springwoods Village Parkway  Vice President, Treasurer and Investor Relations Spring, Texas 77389  May 15, 2024 Glass Lewis 255 California Street, Suite 1100 San Francisco, CA 94111 RE: 2024 Glass Lewis Proxy Report Feedback Statement We appreciate the opportunity to provide transparent and timely information to our shareholders by participating in Glass Lewis’ Report Feedback Statement Service. We believe this system represents a best practice among proxy advisors. However, in light of Glass Lewis’ recommendation that shareholders ignore the significant contributions of the company’s lead director on behalf of the interests of the company’s investors, and vote against his re-election solely because of the company’s decision to protect the rights of the majority of its investors, we are compelled to address this issue in full. We are especially concerned with Glass Lewis’ undisclosed actual or potential conflicts of interest that by their very nature impact this recommendation and should have led Glass Lewis either to recuse themselves from making a recommendation on this issue or, at a minimum, to clearly disclose the conflicts to all shareholders. As a result, we address these conflicts of interest and outline additional facts below that are needed to represent the interests of all of our investors and their right to have their voices, expressed in prior votes, be heard.  Proxy Advisors have a duty to avoid conflicts (including potential conflicts) of interest that could impact their recommendations Investors have a right to know the recommendations of their proxy advisor are free of conflicts and that any conflicts are clearly and fully disclosed. Glass Lewis’ membership in and support for the positions of the Interfaith Center on Corporate Responsibility (“ICCR”) creates significant question