CHEVRON CORPORATION Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) The 2021 Annual Meeting of Stockholders of
on
indicated. For the election of Directors in an uncontested election, each nominee
who received a majority of votes cast (i.e., the number of shares voted for exceeded
the number of shares voted against, excluding abstentions) was elected a Director.
All other items were approved if the number of shares voted for exceeded the number
of shares voted against, excluding abstentions.
(1) All nominees for election to the
following votes:
Nominee Votes For Votes Against Abstentions Broker Non-Votes
Wanda M. Austin 1,184,044,323 90.9 % 119,291,051 25,434,649 274,950,085
John B. Frank 1,250,911,286 94.4 % 74,229,621 3,629,116 274,950,085
Alice P. Gast 1,296,482,226 98.3 % 22,651,529 9,636,268 274,950,085
Enrique Hernandez, Jr. 1,278,390,395 97.0 % 40,262,412 10,117,216 274,950,085
Marillyn A. Hewson 1,314,278,897 99.2 % 11,164,906 3,326,220 274,950,085
Jon M. Huntsman Jr. 1,309,069,067 98.8 % 16,105,961 3,594,995 274,950,085
Charles W. Moorman IV 1,287,199,548 97.6 % 31,564,472 10,006,003 274,950,085
Dambisa F. Moyo 1,295,901,200 98.3 % 22,916,680 9,952,143 274,950,085
Debra Reed-Klages 1,293,813,310 98.1 % 25,236,885 9,719,828 274,950,085
Ronald D. Sugar 1,006,786,727 76.0 % 318,289,136 3,694,160 274,950,085
D. James Umpleby III 1,286,012,269 97.5 % 32,705,622 10,052,132 274,950,085
Michael K. Wirth 1,204,536,520 91.2 % 115,878,081 8,355,422 274,950,085
(2) The Board's proposal to ratify the appointment of
public accounting firm for 2021 was approved based upon the following votes:
Votes For 1,546,413,167 96.6 %
Votes Against 53,958,074 3.4 %
Abstentions 3,348,867
Broker Non-Votes Brokers were permitted tocast stockholder non-votes (i.e., uninstructed
shares) at their discretion on this proposal item, and such non-votes are
reflected in the votes for or against or abstentions.
(3) The Board's proposal for stockholders to approve, on an advisory basis, the compensation of
executive officers was approved based upon the following votes:
Votes For 1,234,252,576 94.0 %
Votes Against 78,763,508 6.0 %
Abstentions 15,753,939
Broker Non-Votes 274,950,085
(4) The stockholder proposal regarding reducing Scope 3 emissions was approved based upon the following votes:
Votes For 794,387,800 60.7 %
Votes Against 515,076,725 39.3 %
Abstentions 19,305,498
Broker Non-Votes 274,950,085
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(5) The stockholder proposal regarding a report on impacts of Net Zero 2050 scenario was not approved based
upon the following votes:
Votes For 626,666,718 47.8 %
Votes Against 683,661,355 52.2 %
Abstentions 18,441,950
Broker Non-Votes 274,950,085
(6) The stockholder proposal regarding shifting to a public benefit corporation was not approved based upon the
following votes:
Votes For 39,683,267 3.0 %
Votes Against 1,273,968,355 97.0 %
Abstentions 15,118,401
Broker Non-Votes 274,950,085
(7) The stockholder proposal regarding a report on lobbying was not approved based upon the following votes:
Votes For 631,102,057 47.9 %
Votes Against 687,520,121 52.1 %
Abstentions 10,147,845
Broker Non-Votes 274,950,085
(8) The stockholder proposal regarding adopting a policy for an independent chair was not approved based upon
the following votes:
Votes For 389,983,766 29.5 %
Votes Against 932,350,998 70.5 %
Abstentions 6,435,259
Broker Non-Votes 274,950,085
(9) The stockholder proposal regarding setting the special meeting threshold at ten percent was not approved
based upon the following votes:
Votes For 437,609,988 33.3 %
Votes Against 876,108,877 66.7 %
Abstentions 15,051,158
Broker Non-Votes 274,950,085
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