On June 1, 2021, the Board of Directors of Lockheed Martin Corporation elected Patricia E. Yarrington as a director of the Corporation. Ms. Yarrington will serve on the Corporation’s Audit Committee and Management Development and Compensation Committee. Ms. Yarrington, age 65, served as Vice President and Chief Financial Officer of Chevron Corporation from January 2009 until her retirement in March 2019. Having served 38 years at Chevron, Ms. Yarrington served as Vice President and Treasurer from 2007 through 2008, Vice President, Policy, Government and Public Affairs from 2002 to 2007 and Vice President, Strategic Planning from 2000 to 2002.