ExxonMobil Strategic Planning - enhances long-term shareholder value.

ExxonMobil is managed to enhance long-term shareholder value.

The following strategies will guide ExxonMobil as we strive to meet shareholder and customer expectations:

- Maintaining a leadership position in core businesses - Being the most efficient competitor in every aspect of our business - Capturing quality investment opportunities while maintaining a selective and disciplined approach - Maintaining a high-quality portfolio of productive assets - Developing and employing the best technology - Ensuring safe, environmentally sound operations - Continually improving an already high-quality work force in a high-performance climate across the organisation - Maintaining a strong financial position and ensuring that financial resources are employed wisely.

Investment Discipline: ExxonMobil's high investment standards and adherence to fundamental strategies produce superior long-term returns. Additionally, the company's long-term perspective results in a stable investment profile through the business cycle, avoiding the inefficiencies associated with large year-to-year changes in spending levels. The company tests potential investments over a wide range of economic scenarios and selects those projects that will provide a resilient return. This long-term investment perspective and a strong financial position allow ExxonMobil to pursue attractive projects at times when others cannot and improves the quality of earnings over time.

Financial Position: ExxonMobil's financial capacity is as strong as any company in the world. The company's AAA credit rating, sustained by Exxon for 81 years, provides ready access to large amounts of capital at very attractive rates. The company's strong financial position and proven record of prudent financial management make ExxonMobil an attractive partner for any major oil, gas, or petrochemical project.

Asset Management: ExxonMobil employs a disciplined review process to ensure that all assets are contributing to the company's strategic and financial objectives. Management focuses on improving the performance of existing assets through cost reductions and productivity enhancements. As business conditions change, some assets become candidates for highgrading or divestment. Assets no longer strategic, or worth considerably more to others, are considered for divestment.