Company: OXY-WT
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000797468-25-000054
Chunk: 79

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 79
---
 – internal, via the Audit Committee, and external, including Public Company Accounting Oversight Board (PCAOB) and SEC oversight, PCAOB inspections, peer reviews, and PCAOB requirements for audit partner rotation. In accordance with applicable rules on partner rotation, KPMG’s lead partner for the company’s audit was rotated this year following the completion of the 2024 audit, and KPMG’s engagement quality review partner for the audit was most recently changed in 2022. The Audit Committee has been, and will continue to be, involved in considering the selection of KPMG’s primary engagement partner when there is an engagement partner rotation, which is at least every five years. Audit and Non-Audit Services Pre-Approval Policy and Procedures The Audit Committee must give prior approval to any management request for any amount or type of service (audit, audit-related and tax services or, to the extent permitted by law, non-audit services) Occidental’s independent auditor provides to Occidental. Additionally, the Audit Committee has delegated to the Audit Committee Chair full authority to approve any such request provided the Audit Committee Chair presents any approval so given to the Audit Committee at its next scheduled meeting. All audit and audit-related services rendered by KPMG in 2024 were pre-approved by the Audit Committee or the Audit Committee Chair before KPMG was engaged for such services. No services of any kind were approved pursuant to the de minimis exception for non-audit services set forth in Rule 2-01 of Regulation S-X.

| 2025Proxy Statement |
| 69                  |

Table of Contents Proposal 3: Ratification of Selection of KPMG as Occidental’s Independent Auditor

Audit and Other Fees KPMG was our independent auditor for the years ended December 31, 2024 and 2023 . The audit fees billed and expected to be billed by KPMG for, and the fees billed by KPMG for all other services rendered during, the years ended December 31, 2024 and 2023 , were as follows (in millions):

| Services Provided     |  2024 |     | 2023 |       |
| Audit fees(1)         | $16.6 |     |      | $16.3 |
| Audit-related fees(2) |  $0.2 |     |      |  $0.3 |
| Tax fees(3)           |  $0.1 |     |      |  $0.3 |
| All other