Company: IMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000049938-25-000015
Chunk: 153

Company: IMPERIAL OIL LTD
Filing Date: 2025-02-19
Form: 10-K
Item: Item 16
Chunk 153
---
 miningBHP:ASXSustainability committee and Nomination and governance committeeN.A. Hansen ————M.C. HubbsNutrien Ltd.Fertilizer manufacturingNTR:TSX, NYSEHuman resources and compensation committee and Safety and sustainability committee (chair)J.R. Whelan (b)————

(a)B.W. Corson is a current director and has chosen not to stand for re-election at the annual meeting of shareholders.

(b)J.R. Whelan is not currently a director and is being nominated for election as a director at the annual meeting of shareholders.

Interlocking directorships of our board nominees

As of the date of this proxy circular, there are no interlocking public company directorships among the nominees.

126

Director qualification and selection process

Our board of directors is composed of individuals with diverse qualifications ensuring the skills needed to oversee the company's operations and drive long-term success.

The nominations and corporate governance committee is responsible for identifying and recommending new candidates for board nomination. The committee identifies candidates from a number of sources, including executive search firms and referrals from existing directors. The process for selection is described in paragraph 11(a) of the Board of Directors Charter found in Appendix A of this circular. The committee will consider potential future candidates as required. 

In considering the qualifications of potential nominees for election as directors, the nominations and corporate governance committee considers the work experience and other areas of expertise of the potential nominees, with the objective of providing for diversity among the nonemployee directors. The following key criteria are considered to be relevant to the work of the board of directors and its committees: 

Work experience 

•Experience in leadership of businesses or other large organizations (Leadership of large organizations) 

•Operations/technical experience (Operations / technical) 

•Project management experience (Project management) 

•Experience in working in a global work environment (Global experience) 

•Experience in development of business strategy (Strategy development) 

•Experience with environmental, health, community relations and/or safety policy, practices and management (Environment and sustainability) 

Other expertise 

•Audit committee financial expert (also see the financial expert section in the audit committee table starting on page 136) 

•Expertise in financial matters (Financial expertise) 

•Expertise in managing relations with government (Government relations) 

•Expertise in information technology and cybersecurity oversight (Information technology / cybersecurity oversight) 

•Expertise in executive compensation policies and practices (Executive compensation) 

•Expertise in oversight of risk management policies and practices (Risk