Engine No. 1 Activist Presentation Deck slide image

Engine No. 1 Activist Presentation Deck

ExxonMobil has for years filled its Board with former CEOs without any energy experience While large cap CEO experience is helpful as part of the overall board mix, transferable skills and track records of performance should matter as well ExxonMobil Board Independent Director Industry Experience Pre-Engine No. 1 Engagement 11% 22% 11% Information Technology Financials Climate Scientist 22% 34% Healthcare Industrials Current Independent Director Nominee Track Record as CEOs Stock Total Sector Return Return* Director Frazier Burns Braly Company Palmisano IBM Hooley Merck Oberhelman Caterpillar Kandarian Xerox Holdings Anthem State Street MetLife CEO Tenure 12/2011 7/2009 3/2002 7/2010 6/2007 3/2010 5/2011 Present 12/2016 12/2011 12/2016 8/2012 12/2018 4/2019 Source: Bloomberg and ExxonMobil proxy statements. *Sector Return is S&P's GICS Level 1 Sector return for the respective company; Market Return is the S&P 500 return for the same tenure. Performance of Ken Frazier (currently CEO at Merck) is measured through 4/9/2021. 192% 55% 103% 85% -28% 63% 40% 316% 190% 36% 163% 18% 134% 146% Market Return* 301% 181% 35% 150% 3% 170% 155% REENERGIZE EXXON// 55
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