Exxon Mobil Files Definitive Additional Materials Proxy Statement

TL;DR

XOM filed proxy docs, no fee. Standard procedure.

AI Summary

Exxon Mobil Corporation (XOM) filed a Definitive Additional Materials proxy statement on May 2, 2025. This filing relates to the company's proxy statement and is not a preliminary version. The filing indicates no fee was required for this submission.

Why It Matters

This filing provides updated or supplementary information to shareholders regarding Exxon Mobil's proxy statement, which is crucial for upcoming shareholder votes and corporate governance decisions.

Risk Assessment

Risk Level: low — This is a routine filing of additional proxy materials, not indicating any unusual events or risks.

Key Players & Entities

• EXXON MOBIL CORP (company) — Registrant
• 0001193125-25-110691 (filing_id) — Accession Number
• 20250502 (date) — Filing Date

FAQ

From the Filing

0001193125-25-110691.txt : 20250502 0001193125-25-110691.hdr.sgml : 20250502 20250502080015 ACCESSION NUMBER: 0001193125-25-110691 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXXON MOBIL CORP CENTRAL INDEX KEY: 0000034088 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 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: 25905535 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 d70387ddefa14a.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 Pkwy Vice President, Treasurer and Investor Relations Spring, TX 77389 May 2, 2025 Re: Supplemental Information Related to Item 3 — Advisory Vote to Approve Executive Compensation Dear Investor, The 2025 Proxy Statement outlines ExxonMobil’s executive compensation program and 2024 pay decisions. The Company’s leading results in 2024 demonstrate our ability to deliver on our commitments and outperform other integrated oil companies (IOCs) across the board. The compensation program remains strong and aligns executives’ pay with the results of their decisions and returns of our shareholders over the long-term. The program is highly performance based; all pay outcomes are a direct result of Company and individual performance. CEO Total Direct Compensation (TDC) is higher in 2024 versus 2023, reflective of a higher share price at grant. The majority of CEO TDC is delivered in performance shares (80%), which have uniquely long restriction periods, 50% vesting in 5 years and 50% in 10 years. Share grants are not adjusted to offset changes in share price, resulting in executives seeing a one-for-one change in compensation through share price, ensuring alignment with the experience of our shareholders over the long-term. At time of filing the 2025 Proxy statement, 2024 data for compensation benchmark companies was not yet available. The charts below, included on page 61 of the Compensation Discussion & Analysis (CD&A), have been updated for the most recent 1- and 10-year time periods. This also updates all other references to ExxonMobil’s position versus compensation benchmark companies in the CD&A. When considering scale and complexity of operations, ExxonMobil remains the largest across compensation benchmark companies, as illustrated on page 57 of the CD&A. That said, 10-year Realized and Unrealized Pay is at the 41 st percentile, do