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AI English summary of an SEC filing — figures as filed

Chevron logoChevron CVX

The company said stockholders approved amendments at its May 28, 2025 annual meeting to its Restated Certificate of Incorporation to eliminate monetary liability for officers, and that the amendments took effect when filed with the Delaware Secretary of State on the same day.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said stockholders approved amendments at its May 28, 2025 annual meeting to its Restated Certificate of Incorporation to eliminate monetary liability for officers, and that the amendments took effect when filed with the Delaware Secretary of State on the same day.

  2. Chevron said the officer exculpation amendment required the approval of a majority of outstanding shares. It said the amendment received 1,091,796,601 votes for (62.51% of outstanding shares), 127,303,537 votes against (7.3%), and 6,041,341 abstentions.

  3. Chevron said all director nominees were elected to one-year terms, with individual nominee support ranging from 92.4% to 98.8%. The ratification of PricewaterhouseCoopers LLP as auditor received 96.3% support, and the advisory say-on-pay vote received 94.0% support.

  4. The company said none of the 3 stockholder proposals were approved. The human rights practices report received 10.5% support, the renewable energy stranded asset risk report received 1.5%, and the right for holders of 10% of common stock to call special meetings received 24.7% support.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Stockholders Approve and Make Effective Officer Exculpation Charter Amendment

The company said stockholders approved amendments at its May 28, 2025 annual meeting to its Restated Certificate of Incorporation to eliminate monetary liability for officers, and that the amendments took effect when filed with the Delaware Secretary of State on the same day.

Source · Based on the filing body and exhibits

Voting Results on Officer Exculpation Amendment

Chevron said the officer exculpation amendment required the approval of a majority of outstanding shares. It said the amendment received 1,091,796,601 votes for (62.51% of outstanding shares), 127,303,537 votes against (7.3%), and 6,041,341 abstentions.

Source · Based on the filing body and exhibits

Director Elections and Auditor and Compensation Proposal Results

Chevron said all director nominees were elected to one-year terms, with individual nominee support ranging from 92.4% to 98.8%. The ratification of PricewaterhouseCoopers LLP as auditor received 96.3% support, and the advisory say-on-pay vote received 94.0% support.

Source · Based on the filing body and exhibits

3 Stockholder Proposals Not Approved

The company said none of the 3 stockholder proposals were approved. The human rights practices report received 10.5% support, the renewable energy stranded asset risk report received 1.5%, and the right for holders of 10% of common stock to call special meetings received 24.7% support.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.