Exxon Mobil (XOM) AGM 2026 summary

Opening remarks and agenda

• Meeting conducted virtually, enabling broader investor participation; quorum confirmed and all proposals properly presented.

• Agenda included CEO business review, election of directors, auditor ratification, executive compensation, re-domiciliation vote, and two shareholder proposals.

• Voting instructions and meeting conduct rules were outlined, with polls closing at 10:15 AM Central Time.

Financial performance review

• Achieved $29 billion in earnings and $52 billion in cash flow from operations in 2025.

• Earnings per share grew at a compound annual rate of over 20% since 2019.

• Delivered industry-leading total shareholder returns over the past five years.

• Highest annual production in over 40 years, with growth in Permian, Guyana, and LNG.

• Record high-value product sales and improved unit earnings in product solutions.

Board and executive committee updates

• Board nominated 12 directors, all currently serving, with one director, Jeffrey Ubben, retiring.

• Ratification of PricewaterhouseCoopers as independent auditor recommended.