Hess completes merger with Chevron, becomes wholly owned subsidiary; shares delisted

HESS CORP

Each Hess share converted into 1.025 Chevron shares; no fractional shares issued, cash in lieu.
Hess becomes direct wholly owned subsidiary of Chevron; NYSE listing withdrawn as of July 18, 2025.
All prior Hess directors and officers ceased; Harsh Goyal, Andrew D. Stead, Nicola E. Woods appointed directors.
Bruce L. Niemeyer named President of Hess; formerly President of Chevron Americas Exploration & Production.
Hess's $3.25B unsecured revolving credit facility terminated with no outstanding borrowings.

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