Phillips 66 Files Proxy Materials for Social Media Ads

TL;DR

PSX using social media & news sites for proxy comms. #InvestorRelations

AI Summary

Phillips 66 filed a Definitive Additional Materials (DEFA14A) on April 17, 2025, related to its proxy statement. This filing includes statements intended for advertisement on social media platforms like Facebook, Instagram, and LinkedIn, as well as YouTube and various news websites.

Why It Matters

This filing indicates Phillips 66's strategy to communicate with shareholders and the public through diverse digital channels, including social media and news outlets.

Risk Assessment

Risk Level: low — This filing is a standard proxy statement update and does not contain information that inherently poses a high risk to investors.

Key Players & Entities

• Phillips 66 (company) — Registrant
• 2331 CITYWEST BLVD. (location) — Business and Mail Address
• HOUSTON (location) — City for Business and Mail Address
• TX (location) — State for Business and Mail Address
• 77042 (location) — Zip Code for Business and Mail Address

FAQ

From the Filing

0001193125-25-084441.txt : 20250417 0001193125-25-084441.hdr.sgml : 20250417 20250417171026 ACCESSION NUMBER: 0001193125-25-084441 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 31 FILED AS OF DATE: 20250417 DATE AS OF CHANGE: 20250417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Phillips 66 CENTRAL INDEX KEY: 0001534701 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 453779385 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35349 FILM NUMBER: 25848263 BUSINESS ADDRESS: STREET 1: 2331 CITYWEST BLVD. CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 832-765-3010 MAIL ADDRESS: STREET 1: 2331 CITYWEST BLVD. CITY: HOUSTON STATE: TX ZIP: 77042 DEFA14A 1 d949033ddefa14a.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 (Amendment No. ) 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 Phillips 66 (Name of Registrant as Specified In Its Charter) (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 The following contains statements by Phillips 66 that, from time to time, will be advertised on social media (Facebook, Instagram, LinkedIn), YouTube, and various news and general interest websites and/or applications and that will direct viewers to its website, https://www.phillips66delivers.com/. your investment is our priority we are focused on sustainble value creation and delevering strong , long term returns -1- Delivering value every year ,phillips -2- VIDEO TRANSCRIPT MARK LASHIER: At Phillips 66, we’re all about reliable and predictable value creation for our shareholders. Since I stepped in as president and CEO in July of 2022, we’ve generated 67% of shareholder returns, significantly outperforming the S&P 500, S&P Energy Index and a basket of our peers. We’re committed to delivering significant value to our shareholders through our 2027 strategic priorities: maintaining operational excellence, pursuing disciplined growth, returning capital and ensuring financial strength. This annual meeting is important. Your vote will be crucial to protect your investment. -3- VIDEO TRANSCRIPT MARK LASHIER: At Phillips 66, we’re all about reliable and predictable value creation for our shareholders. Since I stepped in as president and CEO in July of 2022, we’ve generated 67% of shareholder returns, significantly outperforming the S&P 500, S&P Energy Index and a basket of our peers. Our shareholders need to vote to protect our disciplined, long-term approach to manage our business, that drives sustainable value. -4- VIDEO TRANSCRIPT MARK LASHIER: The reliable value that we create and strive to grow for you, our shareholders, is at risk due to Elliott’s shortsighted, risky proposals. VANESSA SUTHERLAND: Throughout its material, Elliott cherry-picks peers, makes comparisons to businesses that are not apples-to-apples comparisons, ignores the board’s established history of declassification efforts, and ignores the value that our integrated model provides to shareholders. The board remains open-minded to constructive dialogue with its shareholders, including Elliott, but unequivocally rejects Elliott’s nominees and its risky, shortsighted plan. As a val