Summary by Moomoo AI
Exxon Mobil Corporation held its Annual Meeting of Shareholders on May 29, 2024, with a significant turnout of 83.8% of shares entitled to vote. At the meeting, all twelve of the Board's director nominees were elected, with the percentage of votes for each ranging from 91.6% to 98.4%. Additionally, the ratification of independent auditors was approved with 97.1% of votes cast in favor, and the advisory vote to approve executive compensation passed with 92.3% approval. Four shareholder proposals were considered, with the highest support received for a report on plastic production under SCS scenario at 20.8% and additional pay report on gender and racial basis at 20.0%. The other two proposals regarding executive pay incentives for GHG emission reductions and an additional social impact report received 1.7% and 7.5% support, respectively. Maria S. Dreyfus, who was elected as a non-employee director in connection with the acquisition of Pioneer Natural Resources Company, was re-elected for a full term by the Board immediately following the annual meeting. Her initial Board Committee assignments are yet to be determined.