Engine No. 1 Activist Presentation Deck
Board Composition - All 4 nominees each add a highly
relevant yet unique and complementary set of skills
• 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 recently expanded itself to avoid adding successful energy expertise
• Would give 1/3 of the Board energy expertise, similar to ConocoPhillips, BP, and Shell, all
of which outperformed ExxonMobil in the 3, 5, and 10-year periods before our engagement
TODAY'S INDUSTRY LANDSCAPE
Gregory Goff
Proven value creator in
oil and gas who can help
Board ensure company
is run more profitably
and safely today and
can invest in tomorrow
Kaisa Hietala
Experience in
conventional oil and gas,
and a proven value
creator in oil and gas
industry transition who
can help Board explore
profitable near-term
transition opportunities
TOMORROW'S INDUSTRY LANDSCAPE
Anders Runevad
Proven value creator
with a deep
understanding of what it
takes for new energy
technologies to reach
scale, who can help
better navigate evolving
energy landscape
Alexander Karsner
Decades of energy
experience, regulatory
experience, and
expertise in new energy
technologies to help
Board improve
long-term
strategic
thinking
REENERGIZE
EXXON//
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