Additional Proxy Soliciting Materials (definitive) (defa14a)
May 30 2017 - 10:45AM
Edgar (US Regulatory)
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 ☐
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☐ Preliminary Proxy Statement
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Confidential, for Use of the Commission Only(as permitted
by Rule 14a-6(e)(2))
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☐ Definitive Proxy
Statement
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☒ Definitive Additional Materials
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☐ Soliciting Material Pursuant to §240.14a-12
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E
XXON
M
OBIL
C
ORPORATION
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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Rites of engagement
By
Jeff Woodbury
Shareholders will gather in Dallas tomorrow for the 135
th
annual meeting in ExxonMobils
long history.
As
Suzanne McCarron noted last year
, ExxonMobils annual meeting is a two-way street of engagement, not just a State of the
Union address from our chairman and CEO, Darren Woods, about the health of the company. It offers an opportunity for shareholders to share their comments and questions with our management and board of directors.
This once-yearly event is not the only avenue for shareholders to express their thoughts to ExxonMobil.
The reality is that we have a robust program of engagement with shareholders throughout the year. For example, over the past 12 months we have had direct engagement
in-person meetings, phone conversations, correspondence, webcasts, etc. with diverse groups and individuals representing about a quarter of ExxonMobils 4.2 billion outstanding shares.
These regular discussions and meetings help shape the approach we take to our business and to the environment in which we operate. The influence of outside stakeholders
can be seen in many of our company publications and disclosures, particularly the
Corporate Citizenship Report
, as well as the newly released
Energy & Carbon Summary
that was published along with
ExxonMobils
2017 proxy statement
.
Investor engagement covers a range of issues. In recent years, the topic of managing the potential risks of climate
change has been present in many of these discussions discussions that inform our deliberations and have helped ExxonMobil clarify and articulate our positions.
We embrace the opportunity in these discussions, as well as at the annual meeting, to highlight our work in the search
for solutions particularly the
development of technologies
to increase efficiency and to supply lower-emissions energy both economically and sustainably.
Over the course of a year, shareholders will put forth any number of proposals from a number of perspectives covering a host of topics.
In many of these instances, when we meet we are able to forge consensus, benefiting both parties. When we are unable to come to an agreement, those proposals are then
put to a vote at the annual meeting.
This year there are
nine such shareholder proposals
. For many of these, the corporation agrees with the underlying
objective of the proposal we just have a different view on the best means to achieve it.
Every shareholder should come to an ExxonMobil annual meeting at
some point in his or her lifetime like a tour of Wall Street and the New York Stock Exchange, it is a visible reminder of the strength of publicly traded companies and the role of the capital markets in underpinning not only the American but
the global economy.
If you cant make it in person tomorrow, you can still follow along via webcast. I encourage everyone to tune in at 9:30 a.m. CT.
Jeff Woodbury is ExxonMobils vice president of investor relations and corporate secretary.
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