Chevron (CVX) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 28, 2025, with virtual participation available for shareholders.

• Shareholders are encouraged to review proxy materials and vote by May 27, 2025, or May 22, 2025, for plan-held shares.

Voting matters and shareholder proposals

• Election of 11 directors is up for shareholder approval, with board recommending all nominees.

• Ratification of PricewaterhouseCoopers LLP as independent auditor for 2025 is recommended.

• Advisory vote on executive compensation (say-on-pay) is recommended for approval.

• Proposal to amend the certificate of incorporation for officer exculpation is recommended for approval.

• Shareholder proposals include a third-party human rights report, a report on renewable energy stranded asset risks, and allowing holders of 10% of common stock to call special meetings; board recommends against these.

Board of directors and corporate governance

• Board recommends all 11 director nominees for election at the annual meeting.