Engine No. 1 Activist Presentation Deck
Our nominees bring the successful and transformative
energy experience that the Board is missing
ā
Election of all 4 critical to help Board address array of industry challenges, and to
bring real change to a Board that has refreshed itself for years without a change
in performance or strategy and has avoided adding successful energy expertise
Proposed Independent Director Experience
Including Engine No. 1 Nominees
Oil & Gas +
New Energy Tech +
Energy Regulatory
Renewable
Power
Oil & Gas +
Alt. Fuels
Oil &
Gas
9%
9%
9%
Climate
Science
Expert
9%
9%
9%
Information
Technology
9%
19%
18%
Healthcare
Communication
Services
Financials
"Engine No.1's board nominees... all have very strong
repute, they have track records in the industry, and some
cross over into low-carbon fields."
Sam Margolin, managing director of Wolfe Research,
quoted in the Financial Times, March 3, 2021
"[ExxonMobil's] board should have been a better overseer
of management, capital allocation and strategy. Yet even
with new appointments, it has limited experience in energy.
That needs to change... The slate of four put up by
activist Engine No. 1 could help."
Reuters Breakingviews, March 22, 2021
"[T]he driving aim of [Engine No. 1] is four high quality
board candidates including Greg Goff...
The other Engine #1 candidates ... are very impressive."
Paul Sankey, Sankey Research, April 1, 2021
Quote Sources: Derek Brower (Mar. 3, 2021). Exxon v. Activist. Financial Times. Robert Cyran (Mar. 22, 2021). More Than This. Reuters Breakingviews.
Paul Sankey (Apr. 1, 2021). Morning Sankey 4/1/2021. Sankey Research.
REENERGIZE
EXXON//
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