RAPIDLY PROGRESSING GUYANA DEVELOPMENTS slide image

RAPIDLY PROGRESSING GUYANA DEVELOPMENTS

SUPPLEMENTAL INFORMATION Slide 40 - Improving portfolio value 1. Today represents current actual product mix; Mid Term ~ 2030 represents impact of Singapore Resid Upgrade project and reconfiguration projects in U.S. Gulf Coast facilities; Future Potential represents possible product mix based on ExxonMobil analysis of current asset configuration with re- purposing of existing units for chemical feed, lubricants, and biofuels. Future Potential reflects a possible product mix if customer demand, and government policy evolves to support this yield and economics. 2. Potential earnings based on ExxonMobil plans to produce 80 Kbd of biofuels by 2027, and 200 Kbd of biofuels by 2030. 3. Potential reduction versus 2016 in Scope 1 and 2 emissions at a future date resulting from shutdown of several conventional fuels producing units, lower overall throughput tied to the reduction in consumer demand for conventional fuels products, and use of blue H₂. Slide 41 - Leading in sustainability 1. Certification through the International Sustainability and Carbon Certification. Plus (ISCC+) process. 2. Based on Solomon Associates 2020 benchmarking and proprietary calculation of Carbon Emissions Intensity. 3. Scope 1 and 2 absolute emissions and GHG intensity from Company's Downstream and Chemical operated assets, reduction based 2016 actuals to 2030 forecast. Slide 42 - Leveraging strengths to extend earnings leadership 1. Return based on 2022 money-forward, remaining Capex-weighted basis, at full capacity across Downstream and Chemical using 2010-2019 annual average margin for the following projects: Baton Rouge polypropylene, Baytown chemical expansion, China chemical complex, Permian logistics, Permian processing, Singapore resid upgrade, Fawley hydrofiner and pipeline, and Strathcona renewable diesel. 2. Represents earnings potential contribution based on 10-year average Downstream and Chemical margins and ExxonMobil analysis. Slide 43 - Product Solutions earnings to triple by 2027 1. 2027 earnings potential versus 2019; 2019 earnings at actual volumes adjusted to reflect 10-year average Downstream and Chemical margins (2010- 2019). 2027 forecasted earnings based on 10-year average Downstream and Chemical margins, adjusted for tax items. 2. Based on ExxonMobil plans for 2022, and 2027 production. 3. Earnings potential adjusted to reflect 10-year average Downstream and Chemical margins (2010-2019) and for tax items. Slide 45 - Sustainably growing shareholder value 1. IOCs include Chevron, Shell, BP, and Total Energies. 96 26
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