Company: IMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000049938-25-000015
Chunk: 220

Company: IMPERIAL OIL LTD
Filing Date: 2025-02-19
Form: 10-K
Item: Item 16
Chunk 220
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 of directors 

•director appointments to fill interim vacancies 

•director slate for election by the shareholders 

•officer appointments 

•board governance processes 

•by-laws and administrative resolutions 

•changes in fundamental structure of the corporation 

•shareholder meeting notice and materials 

•non-employee director compensation 

•policies adopted by the board 

•investigations and litigation of a material nature 

     Financial 

•equity or debt financing 

•dividend declarations 

•financial statements and the related management discussion and analysis, annual and quarterly 

•status of the corporation's retirement plan and employee savings plan 

Strategic/investment/operating plans/performance 

•near-term and long-range outlooks 

•capital, lease, loan and contributions budgets annually 

•budget additions over $250 million individually 

•quarterly updates of actual and projected capital expenditures 

183

•capital expenditures or dispositions in excess of $250 million individually 

•entering into any venture that is outside of the corporation's existing businesses 

•financial and operating results quarterly 

•Canadian and world economic outlooks 

•regional socio-economic reviews

•corporate reputation reviews

•risk management reviews 

•climate, environment, and sustainability reviews 

•personnel and process safety systems and performance reviews

•information technology, systems and cybersecurity 

In addition to the items which are specific to the categories identified above, the chief executive officer shall refer to the board for information or decision all other items of corporate significance; and any member of the board may request a review of any such item. Items to be referred to the committees of the board are specified in their respective charters. 

5. Information to be received by the board

Material shall be distributed to directors through the office of the corporate secretary.  Corporate policies, board calendars, contact information and other company processes, are updated on the board portal site and accessible to all directors. 

Material under the following general headings, including the specific items listed below and only other similar items, shall be distributed to directors on a regular basis: 

Organization/legal 

•articles of incorporation, by-laws and administrative resolutions 

•corporate policies 

•corporate data 

•board and management processes 

•financial and operating report

•organization outline

Social/political/economic environment 

•public issues updates 

•economic outlook 

•external communications packages 

•information technology, systems and cybersecurity updates 

     Major announcements 

•press releases 

•speeches by management

•organization changes

Communications to shareholders