Chevron shareholders approve officer exculpation charter amendment; elect directors

CHEVRON CORP

Charter amendment to eliminate monetary liability of certain officers approved with 62.51% of outstanding shares (1.09B for, 127M against).
All 12 director nominees elected with 92.4% to 98.8% of votes cast.
Say-on-pay advisory vote passed with 94.0% support (1.15B for, 72.9M against).
Shareholder proposals on human rights report, stranded asset risks, and special meetings all failed with 10.5%, 1.5%, and 24.7% support respectively.
Amendment effective upon filing with Delaware Secretary of State on May 28, 2025.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

CHEVRON CORP: Amended Restated Certificate of Incorporation to eliminate monetary liability of certain officers (officer exculpation) (effective 2025-05-28).

Change: charter amendment
Effective: 2025-05-28

Exact text from the filing

The Restated Certificate of Incorporation became effective upon its filing with the Secretary of State of the State of Delaware on May 28, 2025.

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Source: SEC EDGAR

accession 0000093410-25-000024

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