Company: OXY-WT
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000797468-25-000054
Chunk: 59

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 59
---
 price on the grant date. The grant date fair value of the TSR award is calculated based on a Monte-Carlo valuation on the date of grant, determined under Financial Accounting Standards Board Accounting Standard Codification Topic 718 (FASB ASC 718). See Note 15 to the Consolidated Financial Statements in Occidental’s Annual Report on Form 10-K regarding assumptions underlying the valuation of the TSR award. The maximum values of the 2024 TSR awards as of the grant date for Ms. Hollub, Mr. Mathew, Mr. Dillon, Mr. Jackson and Mr. Peterson were approximately $7.1 million, $1.9 million, $2.2 million, $2.2 million, and $1.9 million, respectively. The maximum values of the 2024 CROCE awards as of the grant date for Ms. Hollub, Mr. Mathew, Mr. Dillon, Mr. Jackson and Mr. Peterson were approximately $7.1 million, $1.9 million, $2.2 million, $2.2 million and $1.9 million, respectively. The RSU award has no above-target payout scenario. For more information, see “ Compensation Discussion and Analysis—Elements of the 2024 Compensation Program—Long-Term Incentive Program ” beginning on page 45 . (2) Amounts shown represent the final, earned ACI award. For more information regarding the 2024 ACI award, see “ Compensation Discussion and Analysis— Elements of the 2024 Compensation Program—Annual Cash Incentive ” beginning on page 43 . (3) Amounts shown represent the amount of any above-market earnings on nonqualified deferred compensation for the NEOs. For more information on nonqualified deferred compensation, see “ Executive Compensation Tables–Nonqualified Deferred Compensation ” on page 59 . (4) The following table shows “All Other Compensation” amounts for 2024 for the NEOs. In accordance with SEC rules, benefits that are generally available to all full- time salaried U.S. employees, such as medical, dental, life insurance, health savings and flexible spending accounts, are not shown.

|                   | V. Hollub |          | S. Mathew |          | K. Dillon |          | R. Jackson |          | R. Peterson |          |    |
| Savings Plan(a)   |           |  $24,150 |           |  $24,150 |           |  $24,150 |            |