Statement Karen Doron

Statement on third CalSTRS-backed director joining ExxonMobil board

WEST SACRAMENTO, Calif. (June 3, 2021) – CalSTRS issued the following statement today regarding the preliminary voting results at ExxonMobil’s Annual Shareholder Meeting in which a third director nominated by Engine No. 1 and supported by CalSTRS from the beginning was elected by shareholders to the ExxonMobil board:

Shareholders have the power to effect change at even the most resistant companies and contribute to the sustainable value of their investments.

This historic board election will strengthen ExxonMobil for the future.


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