employee voting for the 2020 annual meeting of stockholders
Chevrons Annual Meeting of Stockholders will be held at Chevron Park Auditorium, 6001 Bollinger Canyon Road, San Ramon, CA, at 8:00 a.m. PDT on
Wednesday, May 27, 2020. In light of the emerging public health concerns of the COVID-19 (Coronavirus) outbreak, the Company may hold its Annual Meeting via remote telephonic or electronic
(Virtual) access in lieu of an in-person meeting in San Ramon, CA. The Company would announce a decision to hold a Virtual Annual Meeting in a press release available at www.chevron.com as soon as
practicable prior to the Annual Meeting. In that event, the 2020 Annual Meeting of Stockholders would be held in a Virtual meeting format only, on the above date and time, via live audio webcast. Stockholders or their legal proxy holders
could participate, submit questions, vote, and examine our stocklist at the Virtual Annual Meeting by visiting www.virtualshareholdermeeting.com/CVX2020 and using their 16-digit control number, but only if the
meeting is held in a Virtual format.
On or around Monday, April 13, Chevron employees who hold Chevron common stock through an employee stock or retirement
benefit plan and who have a Chevron-issued email address will be sent an email with instructions for voting their shares online and links to the Notice of the 2020 Annual Meeting, the 2020 Proxy Statement, and the 2019 Annual Report. Chevron
employees who participate in an employee stock or retirement benefit plan, but do not receive an email, will receive the information through the mail. Time of delivery will vary based on geographic location.
The Proxy Statement and Annual Report are also now available electronically on www.chevron.com/investors/stockholder-services and can be accessed, viewed, and
printed at your convenience. The Proxy Statement includes important information on matters that will be voted on at the meeting.
You will be voting to elect
members of the Companys Board of Directors; to ratify the appointment of PwC as the Companys independent registered public accounting firm; to approve, on an advisory basis, the compensation of Chevrons named executive officers;
and on seven stockholder proposals.
Electronic delivery of the proxy materials saves natural resources, in addition to saving the Company printing and delivery
costs. However, if you wish to receive a paper copy of the Proxy Statement or Annual Report, you may submit a request indicating the item(s) you wish to receive, along with your name and intercompany mailing address, to corpgov@chevron.com.
voting convenience
Employee stockholders
will have the ease of voting their proxies online or through a telephone voting service. Please vote. Your vote is important.
voting is
confidential
All voting tabulations and results are handled by an independent third party. Chevron does not have access to individual votes, and the
process is completely confidential.
voting deadline
Once you have received the proxy voting email or proxy materials, you may vote. You must vote your shares held in an employee stock or retirement benefit plan no later
than 11:59 p.m. EDT on Thursday, May 21 or such other date and time as determined by the plan fiduciary or trustee.
voting recommendations
Chevrons Board of Directors recommends that you vote as follows:
☐ FOR: Election of the Director nominees
☐ FOR: Ratification of appointment of PwC as independent registered public accounting firm
☐ FOR: Advisory vote to approve named executive officer compensation
X AGAINST: Stockholder proposal to report on lobbying
X AGAINST: Stockholder proposal
to create a board committee on climate risk
X AGAINST: Stockholder proposal to report on climate lobbying
X AGAINST: Stockholder proposal to report on petrochemical risk
X AGAINST: Stockholder
proposal to report on human rights practices
X AGAINST: Stockholder proposal to set special meetings threshold at 10%
X AGAINST: Stockholder proposal to adopt policy for an independent chairman
Please
refer to the Proxy Statement for detailed information on each of the proposals and the Annual Meeting of Stockholders.