RAPIDLY PROGRESSING GUYANA DEVELOPMENTS slide image

RAPIDLY PROGRESSING GUYANA DEVELOPMENTS

STRENGTHENING OUR INDUSTRY LEADERSHIP Strategy delivered improved 2021 financial results 2021 CASH FLOW FROM OPERATIONS Percent change versus prior years 2018-2020 ExxonMobil 200% ExxonMobil 60% 60% IOCs IOCs 75% 20% 20% -50% ExxonMobil IOCs -20% -20% 2021 vs 2020 2021 vs 2019 2021 vs 2018 Chart source: Competitor data estimated on a consistent basis with ExxonMobil and based on public information. IOCs include Chevron, Shell, BP, and Total Energies. See Supplemental Information for footnotes and definitions. • Delivered $23 billion in earnings and $48 billion of cash flow from operations Captured additional $2 billion in structural cost reductions - ~$9 billion annually by 2023 • Lowered breakeven to $41/bbl1 Repaid $20 billion of debt Reduced debt-to-capital ratio to 21%
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