Exxon Mobil Corporation · NYSE:XOM
Exxon Mobil — Proxy Contest (February 2021)
70 slides from Exxon Mobil's proxy contest presentation, Feb 16, 2021
Slide 1: Introduction
The following communication is designed to provide an overview of our business in assessing technology capabilities across its businesses. INTRODUCTION R O B C R A N E P R O C E S S T E C H N O L O G Y M A N A G E R A N D A S S E S S M E N T L E A D , E X X O N M O B I L R E S E A R C H A N D E N G
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT • Statements of future events or conditions in this presentation or the subsequent discussion period are forward-looking statements. Actual future results, including financial and operating performance; demand growth and mix; the impacts of the COVID-19 pandemic and current indu
Slide 3: Capability Assessment for Technology: Objective
CAPABILITY ASSESSMENT FOR TECHNOLOGY: OBJECTIVE Assess technology capabilities (people, equipment, labs, tools, approaches) within the discovery / development / deployment / improvement / sustainment pipeline across ExxonMobil Expert panels provide input: • Where new capabilities are required • Wher
Slide 4: Business Briefings for Panelists
BUSINESS BRIEFINGS FOR PANELISTS • Video recordings: Introduction Rob Crane Process Technology Manager, EMRE* Energy Outlook Vijay Swarup VP, Research & Development, EMRE Upstream Business Objectives Michael Deal VP, Upstream Research, Technology and Development, UIS* Fuels Value Chain Business Obje
Slide 5: Supplemental Information: Forward-looking statements
SUPPLEMENTAL INFORMATION Important information and assumptions regarding certain forward-looking statements. Forward-looking statements contained in this presentation are not forecasts of actual future results. These figures are provided to help quantify the potential future results and goals of cur
Slide 6: Supplemental Information: Non-GAAP and other measures
SUPPLEMENTAL INFORMATION Non-GAAP and other measures. With respect to historical periods, reconciliation information for non-GAAP measures is included with the relevant definition below or as noted below in the Frequently Used Terms available on the Investors page of our website at www.exxonmobil.co
Slide 7: Supplemental Information: Moody's Debt / Book Capitalization
SUPPLEMENTAL INFORMATION Moody’s Debt / Book Capitalization. For historical periods, Debt / Book Capitalization is sourced as of third quarter 2019 from Moody’s Investors Service and calculated using Moody’s standard adjustments. Year-end 2019 and projected future potential for ExxonMobil estimated
Slide 8: Supplemental Information: Other information
SUPPLEMENTAL INFORMATION Other information All references to production rates and project capacity are on a gross basis, unless otherwise noted. References to resource size are on a net basis, unless otherwise noted. This presentation refers to ExxonMobil’s 2019 Outlook for Energy. The Outlook for E
Slide 9: Supplemental Information: Other information, continued
SUPPLEMENTAL INFORMATION Other information, continued ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words such as venture, joint venture, partnership, co-venturer, operated by others, and partner are used to ind
Slide 10: Developing Our Energy Future
D E V E L O P I N G O U R E N E R G Y F U T U R E V I J A Y S W A R U P V I C E P R E S I D E N T O F R E S E A R C H A N D D E V E L O P M E N T 10D E V E L O P I N G O U R E N E R G Y F U T U R E V I J A Y S W A R U P V I C E P R E S I D E N T O F R E S E A R C H A N D D E V E L O P M E N T 10
Slide 11: Energy Is Essential to Human Progress
ENERGY IS ESSENTIAL TO HUMAN PROGRESS U.N. HUMAN DEVELOPMENT INDEX 2017 INDEX ~50% of the global population lives in countries that rank low to medium on the U. N.’s Human Development Index Source: United Nations, ExxonMobil estimatesENERGY IS ESSENTIAL TO HUMAN PROGRESS U.N. HUMAN DEVELOPMENT INDEX
Slide 12: Top Sectors Account for 80% of the World's Energy-Related Emissions
TOP 3 SECTORS ACCOUNT FOR 80% OF THE WORLD’S ENERGY-RELATED EMISSIONS 2017 global energy-related CO2 emissions by sector (Billion tonnes) 15 10 5 0 Power Industrial Commerical Light-duty Residential / generation transportation transportation Commerical ExxonMobil Energy Outlook 2019 See Supplemental
Slide 13: Historical Emission Mitigation Mostly Through Higher Efficiency
HISTORICAL EMISSION MITIGATION MOSTLY THROUGH HIGHER EFFICIENCY – ENERGY SYSTEMS MUST CHANGE TO MEET SOCIETY’S CLIMATE GOALS KBTU OF ENERGY USED PER DOLLAR OF GLOBAL GDP 2018 Outlook for Energy performance pathway 1980 2040 hypothetical 2° C performance levels* 2015 2040 TONNE CO PER BILLION BTU OF
Slide 14: Energy Diversity – 2040 Projected Energy Mix
ENERGY DIVERSITY – 2040 PROJECTED ENERGY MIX Oil Gas Coal Bioenergy Nuclear Wind | Solar Other Renewables 28% 25% 19% 11% 5% 5% 7% Source: IEAENERGY DIVERSITY – 2040 PROJECTED ENERGY MIX Oil Gas Coal Bioenergy Nuclear Wind | Solar Other Renewables 28% 25% 19% 11% 5% 5% 7% Source: IEA
Slide 15: Energy Mix Slow to Change – Oil and Gas Needed for Decades
ENERGY MIX SLOW TO CHANGE – OIL AND GAS NEEDED FOR DECADES ENERGY DEMAND IEA Stated Policies IEA SUSTAINABLE QUADS Scenario DEVELOPMENT SCENARIO, <2°C PATHWAY 750 Wind, Solar 500 Other renew. Nuclear Gas 250 Oil Coal 0 Bioenergy 1970 1980 1990 2000 2010 2019 2030 2040 2030 Source: IEA 2040ENERGY MIX
Slide 16: Depletion Supports Need for Oil & Gas Investments Under Any Scenario
PROGRESSING SOLUTIONS DEPLETION SUPPORTS NEED FOR OIL & GAS INVESTMENTS UNDER ANY SCENARIO Global oil supply estimates (Million oil-equivalent barrels per day) 120 IEA STEPS demand 100 80 Average demand based on IPCC o Lower 2 C scenarios IEA SDS demand New supply required 60 40 20 Decline without i
Slide 17: Addressing the Dual Challenge
PROGRESSING SOLUTIONS ADDRESSING THE DUAL CHALLENGE PROVIDE PRODUCTS TO PROACTIVELY ENGAGING DEVELOP AND DEPLOY MITIGATING EMISSIONS HELP OUR CUSTOMERS ON CLIMATE-RELATED SCALABLE TECHNOLOGY IN COMPANY OPERATIONS REDUCE THEIR EMISSIONS POLICY SOLUTIONSPROGRESSING SOLUTIONS ADDRESSING THE DUAL CHALLE
Slide 18: Advancing Energy Research
ADVANCING ENERGY RESEARCH KBTU OF ENERGY USED PER DOLLAR OF GLOBAL GDP 2018 Outlook for Energy performance pathway IMPROVED 1980 BIOFUELS RESOURCE CAPTURE HYDROGEN 2040 hypothetical 2° C performance levels* 2015 BIOFUELS CARBON CAPTURE HYDROGEN 2040 PROCESS INTENSIFICATION CARBON PROCESS CAPTURE INT
Slide 19: Upstream
UPSTREAM M I C H A E L D E A L V I C E P R E S I D E N T O F U P S T R E A M R E S E A R C H , T E C H N O L O G Y & D I G I T A L D E V E L O P M E N TUPSTREAM M I C H A E L D E A L V I C E P R E S I D E N T O F U P S T R E A M R E S E A R C H , T E C H N O L O G Y & D I G I T A L D E V E L O P M E
Slide 20: ExxonMobil Corporation
EXXONMOBIL CORPORATION A fully integrated oil and gas company providing reliable, affordable energy to the world Upstream Chemical Fuels & Lubricants Exploration Development Production Gas & Power Fuels Value Lubricants Chemical Chain Value Chain Value Chains 20EXXONMOBIL CORPORATION A fully integra
Slide 21: Industries Where ExxonMobil Delivers Solutions
INDUSTRIES WHERE EXXONMOBIL DELIVERS SOLUTIONS Adhesives and sealants Agriculture Automotive Building and construction Compounding Commercial Marine Healthcare and medical Industrial applications Nonwovens Oil and gas Consumer products Packaging Transportation Wind energy Synthetic base stocks 21IND
Slide 22: Safety Commitment
SAFETY COMMITMENT Safety is a core value at ExxonMobil. We operate in a manner that helps protect our employees, contractors, customers and the communities where we operate. Our approach to safety includes identifying possible risks, implementing measures to prevent potential incidents, and educatin
Slide 23: Driving Value Creation and Industry Leading Opportunities
DRIVING VALUE CREATION AND INDUSTRY LEADING OPPORTUNITIES UPSTREAM DOWNSTREAM CHEMICAL FUNCTIONAL EXCELLENCE PEOPLE TECHNOLOGY SCALE INTEGRATION Industry-advantaged assets; Enables investment; accelerates Maximizes value; provides Strong culture of doing the right Commitment and hard work; optimized
Slide 24: Upstream
UPSTREAM The strengths found in our ingenuity and global organization allow us to explore for and develop all resource types across the globe, relying on industry-leading technologies and capabilities to do so safely and responsibly. Our understanding of the global hydrocarbon endowment, coupled wit
Slide 25: Natural Gas Marketing
NATURAL GAS MARKETING Reliable supplies of natural gas and access to power are fundamental to the world’s economic growth and increased prosperity. ExxonMobil employs a global team of commercial experts to maximize the value of the company’s gas and natural gas liquids interests in meeting the growi
Slide 26: Executing Growth Plans
EXECUTING GROWTH PLANS Deep portfolio of attractive unconventional, deepwater, and LNG opportunities Value / Pace might be different Major UNCONVENTIONAL DEEPWATER LNG projects Trading & optimization Revamps & improvements Guyana PNG Permian Guyana PNG Brazil Mozambique Brazil Mozambique • Includes
Slide 27: Key Growth Project: Permian
KEY GROWTH PROJECT PERMIAN Maximizing value balancing production rates, resource recovery, and capital efficiency MAXIMIZING LONG-TERM VALUE LOWER TOTAL DEVELOPMENT COSTS • Cube drilling simultaneously develops multiple stacked pay zones — Greatly reduces parent-child impacts — Maximizes resource re
Slide 28: Key Growth Project: Permian
KEY GROWTH PROJECT PERMIAN Maximizing value balancing production rates, resource recovery, and capital efficiency MAXIMIZING LONG-TERM VALUE LOWER TOTAL DEVELOPMENT COSTS • Understanding subsurface characteristics and fluid properties critical for successful cube development • Proprietary technologi
Slide 29: Unconventional Research and Development
UNCONVENTIONAL RESEARCH AND DEVELOPMENT Programs shaped by business strategies RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY SIMULATION OF FRACTURING TECHNOLOGIES, VARYING LOADING PROFILES ADJUSTING LOADING RATES, DURATION, PEAK PRESSURE CURRENT TECHNOLOGY • Simulation of novel fr
Slide 30: Key Growth Project: Guyana
KEY GROWTH PROJECT GUYANA Exploration and development success increasing value of deepwater portfolio DISCOVERED RESOURCE Boeb 10• Continuing to explore 6.6M acre Stabroek block > 8 Boeb • 5 discoveries in 2019; 1 discovery to date in 2020 • 16 discoveries out of 18 wells drilled on the Stabroek blo
Slide 31: Technology Deployments: Deepwater
TECHNOLOGY DEPLOYMENTS DEEPWATER Near-term value created through advances in existing capabilities, processes, and products RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY Integrates subsurface modeling capabilities in In EVtegrate OLUTION OF d SEISRe MIC se DATrvo A IN Gir UYANA •
Slide 32: Key Growth Projects: LNG
KEY GROWTH PROJECTS LNG Long-term demand driven by increasing power generation and lower emissions profile GLOBAL INDUSTRY LNG SUPPLY AND DEMAND EXXONMOBIL GLOBAL LNG SUPPLY Mta Market supply 700 Average of third party outlooks 6% New developments Demand 6% AAGR Under 350 2010 - 2019 3% construction
Slide 33: Fuels Value Chain
FUELS VALUE CHAIN R I C H A R D S E N I O R V I C E P R E S I D E N T O F E M R E F U E L S , P R O C E S S A N D O P T I M I Z A T I O N T E C H N O L O G Y 34FUELS VALUE CHAIN R I C H A R D S E N I O R V I C E P R E S I D E N T O F E M R E F U E L S , P R O C E S S A N D O P T I M I Z A T I O N T
Slide 34: Downstream
Downstream As the largest global refiner, the majority of our refining capacity is integrated with our lubricants and/or chemical businesses. ExxonMobil’s global Fuels & Lubricants organization drives the efficient development and deployment of global best-practices and new technologies. We manufact
Slide 35: Efficient Manufacturing: Scale
EFFICIENT MANUFACTURING Scale and integration provide significant cost advantages SCALE OPEX • Average refinery capacity 75% higher than industry Indexed vs. industry Indexed vs. industry 100% 180% • Cost advantage of 10% compared to average refiner, resulting in $900M annual benefit • First-quartil
Slide 36: Efficient Manufacturing: Integration
EFFICIENT MANUFACTURING Scale and integration provide significant cost advantages • Interchange of process streams represents 30% of total crude processing at integrated sites • Enables lower feedstock costs and production of highest-value products • Synergies include shared resources, interconnecte
Slide 37: Improving Refinery Configuration
IMPROVING REFINERY CONFIGURATION Upgrading production with proprietary technology and portfolio highgrading REFINING CONFIGURATION – 2023 • Higher conversion advantaged by up to $7/bbl in Kbd recent years ‘08 ‘23 • Leading global coking capacity, mostly in North ‘19 2,000 America • Portfolio highgra
Slide 38: Evolving Fuel Product Portfolio
EVOLVING FUEL PRODUCT PORTFOLIO Supporting the transportation industry’s drive to help customers increase fuel efficiency and lower their emissions – Synergy™ Gasoline – Synergy™ Diesel Efficient – EMF.5™ marine fuels – OEM low-emissions fuels collaborations Driven by Meets society’s Affordable Key
Slide 39: End to End Value Chain Optimization
END TO END VALUE CHAIN OPTIMIZATION INTEGRATED VALUE CHAINS SOME TYPES OF OPTIMIZATION PROBLEMS WE SOLVE BLENDING NETWORK CRUDE PURCHASE REAL-TIME REFINERY DESIGN PLANNING* OPTIMIZATION CONTROL FLEET SIZE MARINE TRANSP. CARGO INVENTORY CIRCUIT SUPPLY PLANNING PLANNING* SCHEDULING FORECASTING PLANNIN
Slide 40: Lubes Value Chain
LUBES VALUE CHAIN M I K E K E R B Y V I C E P R E S I D E N T O F L U B R I C A N T S T E C H N O L O G YLUBES VALUE CHAIN M I K E K E R B Y V I C E P R E S I D E N T O F L U B R I C A N T S T E C H N O L O G Y
Slide 41: Evolving Demand
EVOLVING DEMAND Robust demand growth for higher-value products LIQUIDS DEMAND GROWTH • Fuel economy standards drive increasing demand Indexed to 2017 for higher-quality lubricants and Group II basestocks Group II 140% 1 basestock Chemical • Increase in demand for chemical products underpins 2 feedst
Slide 42: Lubricants Value Chain Leadership
LUBRICANTS VALUE CHAIN LEADERSHIP Leveraging global footprint across value chains MAJOR PROJECTS REVAMPS AND IMPROVEMENTS OPTIMIZATION, TRADING, MARKETING GLOBAL SYNTHETIC LUBRICANTS SALES GROWTH Indexed to 2011 • Fuel economy standards driving growth in synthetics 250% demand • ExxonMobil is the le
Slide 43: High-Value Synthetics Lubricants Growth
HIGH-VALUE SYNTHETICS LUBRICANTS GROWTH Margin uplift* Barrel of Crude Basestocks 6x Waxes 10x Finished Lubricants 20x 1% Synthetic Lubricants60x • Strongest market position in industry: #1 * versus average ExxonMobil refinery margin basestocks • Value chain delivered significant earnings in 2019 Ke
Slide 44: Technology Deployments: Downstream
TECHNOLOGY DEPLOYMENTS DOWNSTREAM Near-term value created through advances in existing capabilities, processes, and products RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY Key Technology Capabilities Process Innovation & Development, Active Materials, Modeling, Process Engineering,
Slide 45: Chemical
CHEMICAL D A V E M C C O N V I L L E V I C E P R E S I D E N T O F C H E M I C A L T E C H N O L O G YCHEMICAL D A V E M C C O N V I L L E V I C E P R E S I D E N T O F C H E M I C A L T E C H N O L O G Y
Slide 46: Chemical
CHEMICAL ExxonMobil Chemical is one of the largest chemical manufacturing companies in the world. Our unique portfolio of commodity and specialty businesses generates annual sales of nearly 25 million tonnes of prime products. We operate major manufacturing facilities in key markets around the world
Slide 47: Current Asset Portfolio
CURRENT ASSET PORTFOLIO Maintaining market leadership across majority of product applications 2019 29 Mta Market 1 position Example applications GAS OLE F I N STE A M D E R I VA TI VE CR A CK E R S P O L Y E T H Y L E N E LIQUIDS U NI TS Packaging, agricultural film, piping, liquid 1 containers P O
Slide 48: Expanding Advantaged Portfolio
EXPANDING ADVANTAGED PORTFOLIO Projects grow performance product volumes ADVANTAGED GROWTH PROJECTS PERFORMANCE PRODUCTS 2019 2025 2025 1 Earnings 29 Mta 34 Mta • Growing performance products to increase portfolio value Performance GAS OLE F I N OLE F I N• Higher-value performance products OLE F I N
Slide 49: Performance Products Drive Differentiation
PERFORMANCE PRODUCTS DRIVE DIFFERENTIATION Leveraging technology to differentiate ExxonMobil through the value chain • Product demand growth 2018 46 new, innovative driven by customer PROGRESS 50% programs initiated application success SALES GROWTH BY 2025 5,000 • Collaborative innovation customers
Slide 50: Technology Deployments: Chemical
TECHNOLOGY DEPLOYMENTS CHEMICAL Near-term value created through advances in existing capabilities, processes, and products RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY 1 PERFORMANCE POLYETHYLENE EVOLUTION • Polyethylene product evolution combined improvements in Indexed to commod
Slide 51: Plastic Packaging Benefits and Waste Solutions
PLASTIC PACKAGING BENEFITS AND WASTE SOLUTIONS Plastic provides sustainability benefits versus alternatives 1 PLASTIC PACKAGING VS. ALTERNATIVES • Significant plastic packaging benefits 2 Indexed to alternatives versus alternatives 100% — Lower life cycle GHG impacts — Alternatives generate ~5x the
Slide 52: Corporate Objectives
CORPORATE OBJECTIVES CORPORATE OBJECTIVES V I J A Y S W A R U P V I C E P R E S I D E N T O F R E S E A R C H A N D E N G I N E E R I N G 53CORPORATE OBJECTIVES CORPORATE OBJECTIVES V I J A Y S W A R U P V I C E P R E S I D E N T O F R E S E A R C H A N D E N G I N E E R I N G 53
Slide 53: Technology Advances Needed for Evolving Energy System
TECHNOLOGY ADVANCES NEEDED FOR EVOLVING ENERGY SYSTEM Near-term actions the Company is taking to prepare for a lower-carbon future, include: • Expanding supplies of cleaner-burning natural gas. • Improving energy efficiency in operations. • Operating and investing in carbon capture and storage. • Re
Slide 54: Technology Key to Reducing Societal Costs of 2ºC Pathway
TECHNOLOGY KEY TO REDUCING SOCIETAL COSTS OF 2ºC PATHWAY Costs borne by society to Technology Breakthrough Opportunities lower GHG emissions Power grid reliability & long-duration storage: Batteries, chemical storage, hydrogen o Hypothetical ~2 C ~2 B policy / technology Higher Lower-carbon commerci
Slide 55: Low-Emission R&D: Carbon Capture
LOW-EMISSION RESEARCH AND DEVELOPMENT Programs shaped by business strategies and the dual challenge RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY METAL ORGANIC FRAMEWORK (MOF) FOR CCS • Collaborating with partners on novel, high-surface area materials for carbon capture — Partners
Slide 56: Low-Emission R&D: Biofuels Land Productivity
LOW-EMISSION RESEARCH AND DEVELOPMENT Programs shaped by business strategies and the dual challenge RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY LAND PRODUCTIVITY OF BIOFUELS Bbls / acre / year • Algae represents opportunity to scale biofuels with 150 significantly higher land pr
Slide 57: Low-Emission R&D: Algae Biofuels
LOW-EMISSION RESEARCH AND DEVELOPMENT Programs shaped by business strategies and the dual challenge RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY AREA REQUIRED TO REPLACE 10% OF U.S. • Algae represents opportunity to scale biofuels with 1 TRANSPORTATION DEMAND significantly higher
Slide 58: Novel Products Research and Development
NOVEL PRODUCTS RESEARCH AND DEVELOPMENT Programs shaped by business strategies and the dual challenge RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY PRODUCTS FOR STRUCTURAL APPLICATIONS HYDROCARBON PROCESSES Polymerization FEED Thermal chemistry • Leveraging catalysis and polymeriz
Slide 59: Collaborations Enable Technology Solutions
COLLABORATIONS ENABLE TECHNOLOGY SOLUTIONS Collaborations expand technology development and deployment RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY Demonstration Energy center 1 low-emission focus areas Renewable power Carbon capture Grid-scale electron storage Long-distance batt
Slide 60: Research and Development Portfolio
RESEARCH AND DEVELOPMENT PORTFOLIO Programs shaped by business strategies and the dual challenge RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY Recovery and capital efficiency Unconventional Higher-value products Products Advanced models and simulations Subsurface Conversion of gas
Slide 61: Technology Key Messages
TECHNOLOGY KEY MESSAGES • Proven track record of translating fundamental science to commercial success • Near-term value created through advances in existing capabilities, processes, and products • Research and development programs shaped by business strategies and the dual challenge • Collaborating
Slide 62: Organization Overview and History of Innovation
ORGANIZATION OVERVIEW AND HISTORY OF INNOVATION V I J A Y S W A R U P V I C E P R E S I D E N T O F R E S E A R C H A N D E N G I N E E R I N G 63ORGANIZATION OVERVIEW AND HISTORY OF INNOVATION V I J A Y S W A R U P V I C E P R E S I D E N T O F R E S E A R C H A N D E N G I N E E R I N G 63
Slide 63: ExxonMobil Technology Organizations
EXXONMOBIL TECHNOLOGY ORGANIZATIONS EXXONMOBIL CORPORATION UPSTREAM DOWNSTREAM CHEMICAL EMRE Upstream Integrated Fuels, Process & Opt. Chemical Technology Solutions (Research & Technology Lubes Technology Development, Surface, EMRE Engineering Subsurface, Digital, Wells) EMRE R&D Corporate Strategic
Slide 64: Technology Pipeline for Competitive Advantage
TECHNOLOGY PIPELINE FOR COMPETITIVE ADVANTAGE Proven track record of translating fundamental science to commercial scale RESEARCH AND DEVELOPMENT PROCESS/OPERATION PRODUCTS • Development, deployment of • Development, deployment of • Corporate-driven and new process technologies new products business
Slide 65: Technology Leadership
TECHNOLOGY LEADERSHIP Proven track record of translating fundamental science to commercial scale RESEARCH AND DEVELOPMENT LEGACY OF INNOVATION APPLIED TECHNOLOGY ADVANTAGE PROCESSES RESEARCH AND DEVELOPMENT PERFORMANCE PRODUCTS BUTYL RUBBER FLUID CATALYTIC CRACKING 3D SEISMIC • Alternative to natura
Slide 66: ExxonMobil History of Technology Breakthroughs
EXXONMOBIL HISTORY OF TECHNOLOGY BREAKTHROUGHS DIGITAL SIMULATOR 3D SEISMIC LOW- SULFUR GASOLINE HIGH ADVANCED OCTANE METALLURGY GASOLINE PLASTIC SPECIALTY PLASTICS 1940 1950 1960 1970 1980 1990 2000 2010 T O D A Y SYNTHETIC ULTRA- CATALYST DEEPWATER MOBIL 1 MOBIL 1 DEVELOPMENT ANNUAL SYNTHETIC PROT
Slide 67: Summary and Next Steps
SUMMARY AND NEXT STEPS R O B C R A N E P R O C E S S T E C H N O L O G Y M A N A G E R A N D A S S E S S M E N T L E A D , E X X O N M O B I L R E S E A R C H A N D E N G I N E E R I N GSUMMARY AND NEXT STEPS R O B C R A N E P R O C E S S T E C H N O L O G Y M A N A G E R A N D A S S E S S M E N T L
Slide 68: Next Steps
NEXT STEPS • Attend a live, 90-min Q&A session with presenters (Feb 19, Mar 8, Mar 30) • Attend panel discussion • Provide us your input 69NEXT STEPS • Attend a live, 90-min Q&A session with presenters (Feb 19, Mar 8, Mar 30) • Attend panel discussion • Provide us your input 69
Slide 69: Key Questions for Panelists
4. Please comment on our facilities/equipment/labs and tools relative to KEY QUESTIONS FOR PANELISTS state of the art. 5. What alternatives to the capability exist external to ExxonMobil? 1a. Are there any capabilities you would add and why? People; Facilities/Equipment/Labs; Tools; Approaches 1b. A
Slide 70: Thank You
THANK YOU 71THANK YOU 71 Important Additional Information Regarding Proxy Solicitation Exxon Mobil Corporation (“ExxonMobil”) intends to file a proxy statement and associated BLUE proxy card with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies f