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ExxonMobil (XOM) investors back board, redomiciliation and pay, reject chair change

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Exxon Mobil Corporation reported the results of its Annual Meeting of Shareholders held on May 27, 2026. Shareholders representing 3,636,885,465 shares, or 87.8% of shares entitled to vote, were present in person or by proxy, providing a strong quorum.

All twelve board nominees were elected, each receiving at least 96.2% of votes cast. Shareholders ratified the independent auditors with 96.4% support and approved the advisory vote on executive compensation with 92.9% support, indicating broad backing for the company’s leadership and pay programs.

Shareholders also approved the proposal for Texas redomiciliation with 71.2% of votes cast. Proposals for an independent board chair and for changes to the voluntary retail voting program were not approved, receiving 15.2% and 23.5% support, respectively.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Shares entitled to vote 4,144,455,560 shares Common stock outstanding and entitled to vote as of April 1, 2026
Shares voted / quorum 3,636,885,465 shares (87.8%) Shares voted in person or by proxy at the Annual Meeting
Auditor ratification support 3,493,776,585 votes (96.4%) Votes cast for ratification of independent auditors
Say-on-pay support 2,906,869,914 votes (92.9%) Votes cast for advisory approval of executive compensation
Texas redomiciliation support 2,216,403,048 votes (71.2%) Votes cast for Texas redomiciliation proposal
Independent chair support 475,238,535 votes (15.2%) Votes cast for independent chair shareholder proposal
Retail voting proposal support 709,666,879 votes (23.5%) Votes cast for changes to voluntary retail voting program
Broker Non-Votes financial
"Abstentions and Broker Non-Votes, for each nominee are set forth below."
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Advisory Vote to Approve Executive Compensation financial
"Proposal 3 – Advisory Vote to Approve Executive Compensation Votes Cast For:"
Texas Redomiciliation financial
"Proposal 4 – Texas Redomiciliation Votes Cast For:"
Independent Chair financial
"Proposal 5 – Independent Chair, a proposal overwhelmingly defeated on 16 separate occasions"
Voluntary Retail Voting Program financial
"Proposal requesting Company to modify its Voluntary Retail Voting Program to provide multiple options"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): May 27, 2026
 
Exxon Mobil Corporation
(Exact name of registrant as specified in its charter)
 
New Jersey1-225613-5409005
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

 22777 Springwoods Village Parkway, Spring, Texas 77389-1425
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code: (972) 940-6000
 
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
  Name of Each Exchange
Title of Each ClassTrading Symbolon Which Registered
Common Stock, without par valueXOMNew York Stock Exchange
0.524% Notes due 2028XOM28New York Stock Exchange
0.835% Notes due 2032XOM32New York Stock Exchange
1.408% Notes due 2039XOM39ANew York Stock Exchange
 

 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.07
Submission of Matters to a Vote of Security Holders.
(a), (b)

Exxon Mobil Corporation (the “Company,” “ExxonMobil,” “we,” or “our”) held its Annual Meeting of Shareholders (“Annual Meeting”) on May 27, 2026. At the meeting, the matters set forth below were submitted for a vote of security holders.

As of the close of business on April 1, 2026, which was the record date for the Annual Meeting, 4,144,455,560 shares of ExxonMobil common stock, without par value (“Common Stock”), were outstanding and entitled to vote.

Set forth below are the proposals voted upon at the Annual Meeting, and the final vote tabulation that certified the voting results as received from the Inspectors of Election. Based on the results, at least 3,636,885,465 shares of Common Stock were voted in person or by proxy at the Annual Meeting, representing 87.8% percent of the shares entitled to be voted. Percentages are based on the total votes cast. Under the corporate law of New Jersey, where we are incorporated, abstentions are not counted as votes cast.

The final voting results for the proposals presented at the Annual Meeting were as follows:

Proposal 1 – Election of Directors

The shareholders elected each of the Board’s twelve director nominees. The votes For and Against, as well as Abstentions and Broker Non-Votes, for each nominee are set forth below.

NomineesVotes
For
%
For
Votes
Against
%
 Against
AbstentionsBroker
Non-Votes
Michael J. Angelakis3,074,076,666 97.8 %67,623,299 2.2 %15,537,164 479,646,841 
Angela F. Braly3,024,079,431 96.2 %118,776,963 3.8 %14,376,475 479,646,841 
Maria S. Dreyfus3,071,904,445 97.8 %70,601,471 2.2 %14,705,973 479,646,841 
Gregory C. Garland3,099,884,115 98.7 %42,217,555 1.3 %15,136,904 479,646,841 
John D. Harris II3,072,696,510 97.8 %68,799,913 2.2 %15,732,103 479,646,841 
Kaisa H. Hietala3,081,391,733 98.1 %59,798,823 1.9 %16,044,739 479,646,841 
Joseph L. Hooley3,078,663,394 98.0 %62,271,457 2.0 %16,300,271 479,646,841 
Steven A. Kandarian3,096,410,868 98.6 %44,747,541 1.4 %16,070,214 479,646,841 
Alexander A. Karsner3,083,932,381 98.2 %56,704,731 1.8 %16,597,809 479,646,841 
Lawrence W. Kellner3,044,415,503 96.9 %96,951,559 3.1 %15,871,511 479,646,841 
Dina Powell McCormick3,089,312,715 98.4 %51,042,599 1.6 %16,869,698 479,646,841 
Darren W. Woods3,023,121,683 96.2 %119,867,001 3.8 %14,248,470 479,646,841 




2


The shareholders voted as set forth below on two management proposals:

Proposal 2 – Ratification of Independent Auditors:
Votes Cast For:3,493,776,58596.4 %
Votes Cast Against:130,902,5873.6 %
Abstentions:12,204,753
Broker Non-Votes:0
Proposal 3 – Advisory Vote to Approve Executive Compensation:
Votes Cast For:2,906,869,91492.9 %
Votes Cast Against:222,967,5047.1 %
Abstentions:27,391,137
Broker Non-Votes:479,646,841
Proposal 4 – Texas Redomiciliation:
Votes Cast For:2,216,403,04871.2 %
Votes Cast Against:896,852,56228.8 %
Abstentions:30,111,060
Broker Non-Votes:493,518,532
Proposal 5 – Independent Chair, a proposal overwhelmingly defeated on 16 separate occasions since 2000:
Votes Cast For:475,238,53515.2 %
Votes Cast Against:2,644,936,70384.8 %
Abstentions:37,017,564
Broker Non-Votes:479,646,841
Proposal 6 – Proposal requesting Company to modify its Voluntary Retail Voting Program to provide multiple options not aligned with the Board’s recommendations:
Votes Cast For:709,666,87923.5 %
Votes Cast Against:2,304,505,12776.5 %
Abstentions:143,045,579
Broker Non-Votes:479,646,841













3


SIGNATURE
 
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 EXXON MOBIL CORPORATION
   
   
Date: May 29, 2026By:/s/ LEN M. FOX
  Len M. Fox
  Vice President, Controller and Tax
(Principal Accounting Officer)
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FAQ

How many Exxon Mobil (XOM) shares were eligible and voted at the 2026 annual meeting?

4,144,455,560 Exxon Mobil shares were outstanding and entitled to vote as of April 1, 2026. At least 3,636,885,465 shares were voted in person or by proxy, representing 87.8% of the shares entitled to vote at the meeting.

Did Exxon Mobil (XOM) shareholders re-elect all director nominees in 2026?

Yes, shareholders elected all twelve Exxon Mobil director nominees. Each nominee received at least 96.2% of votes cast in favor, with individual support levels ranging from 96.2% to 98.7%, indicating strong shareholder backing for the existing board slate.

How did Exxon Mobil (XOM) shareholders vote on executive compensation in 2026?

Exxon Mobil shareholders approved the advisory vote on executive compensation. The proposal received 2,906,869,914 votes for, equal to 92.9% of votes cast, and 222,967,504 votes against, equal to 7.1%, with additional abstentions and broker non-votes recorded.

What was the shareholder outcome on Exxon Mobil’s Texas redomiciliation proposal?

Shareholders approved Exxon Mobil’s Texas redomiciliation proposal. It received 2,216,403,048 votes for, representing 71.2% of votes cast, and 896,852,562 votes against, representing 28.8%, along with additional abstentions and broker non-votes reported in the results.

Did Exxon Mobil (XOM) shareholders support creating an independent board chair in 2026?

No, the independent chair proposal did not pass. It received 475,238,535 votes for, or 15.2% of votes cast, and 2,644,936,703 votes against, or 84.8%, with additional abstentions and broker non-votes also recorded in the tabulation.

How did Exxon Mobil shareholders vote on changes to the voluntary retail voting program?

Shareholders did not approve the proposal to modify Exxon Mobil’s voluntary retail voting program. It received 709,666,879 votes for, or 23.5% of votes cast, and 2,304,505,127 votes against, or 76.5%, plus abstentions and broker non-votes noted in the results.

Was Exxon Mobil’s independent auditor ratified at the 2026 annual meeting?

Yes, shareholders ratified Exxon Mobil’s independent auditors. The ratification proposal received 3,493,776,585 votes cast for, equal to 96.4% support, and 130,902,587 votes cast against, equal to 3.6%, along with 12,204,753 abstentions and no broker non-votes reported.

Filing Exhibits & Attachments

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