Exxon Mobil Files Proxy Statement

TL;DR

XOM filed its proxy statement, standard stuff for shareholders.

AI Summary

Exxon Mobil Corporation (XOM) has filed a Definitive Additional Materials proxy statement (DEFA14A) on May 28, 2024. This filing is related to the company's proxy materials and does not involve a fee, as indicated by the 'No fee required' checkbox. The filing is for the fiscal year ending December 31.

Why It Matters

This filing is a standard regulatory requirement for public companies, providing shareholders with information relevant to upcoming votes and corporate governance matters.

Risk Assessment

Risk Level: low — This is a routine regulatory filing for a large, established public company and does not contain new or unusual financial information or strategic changes.

Key Players & Entities

• EXXON MOBIL CORP (company) — Registrant
• 0000034088 (company) — Central Index Key
• 2911 (company) — Standard Industrial Classification
• 135409005 (company) — IRS Number
• NJ (company) — State of Incorporation
• 1231 (company) — Fiscal Year End
• 001-02256 (company) — SEC File Number
• 24985768 (company) — Film Number
• 22777 SPRINGWOODS VILLAGE PARKWAY (company) — Business Address Street 1
• SPRING (company) — Business Address City

FAQ

From the Filing

0001193125-24-147226.txt : 20240528 0001193125-24-147226.hdr.sgml : 20240528 20240524180328 ACCESSION NUMBER: 0001193125-24-147226 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240528 DATE AS OF CHANGE: 20240524 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: 24985768 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 d717960ddefa14a.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 24, 2024 Glass Lewis 255 California Street, Suite 1100 San Francisco, CA 94111 RE: 2024 Glass Lewis Proxy Statement Report and Amendments We note the May 23, 2024, amendment to the Glass Lewis report stating the following on page 13: On May 22, 2024, the District Court denied the defendants’ motion to dismiss the case as moot at this time. The court also dismissed Follow This, but not Arjuna Capital, from the case, for lack of personal jurisdiction and asked the parties to brief whether the case should remain in Fort Worth, noting that the Company’s decision to file there “perplexes” since the Company’s headquarters is in a suburb of Houston, Texas. (emphasis added) The original report contained similar language: We note that the Company chose to file this lawsuit in the Fort Worth Division of the Northern District of Texas, a venue several hundred miles from its headquarters — and much further for the proponents — whose case assignment practices have been criticized. The venue has allegedly been “targeted by conservative litigants hoping for favorable rulings” (Jacequline Thomsen. “ Shopping for the Judge You Want Honed to Perfection in Texas.” Bloomberg Law, May 9, 2024). (emphasis added) Glass Lewis seems to be implying in these statements that ExxonMobil illegitimately filed in Fort Worth, Texas. Glass Lewis apparently finds this point very compelling based on it being the leading statement in their summary in opposing Mr. Hooley’s board candidacy. The report states on page 22: Several factors regarding this issue merit deeper consideration. The Company chose to file this lawsuit in the Fort Worth Division of the Northern District of Texas, which has, in recent years, been selected more frequently by c