Company: OXY-WT
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000797468-25-000054
Chunk: 8

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 8
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UK Govt)Director Since:2023Committee Membership: |                                     |     | AVEDICK B. POLADIANFormer Executive VicePresident and Chief OperatingOfficer, Lowe EnterprisesDirector Since:2008Committee Membership:               |
|                                                                                                                                           |     | BOARD COMMITTEES:                                                                                                                                                                                  |                                           |                                                                                                                                    |                                     |     |                                                                                                                                                      |
|                                                                                                                                           |     |                                                                                                                                                                                                    | Audit                                     |                                                                                                                                    |                                     |     |                                                                                                                                                      |
| KENNETH B. ROBINSONFormer Senior Vice Presidentof Audit and Controls,Exelon CorporationDirector Since:2023Committee Membership:           |     | ROBERT M. SHEARERFormer Managing Director,BlackRock Advisors, LLCDirector Since:2019Committee Membership:                                                                                          |                                           |                                                                                                                                    | Corporate Governance and Nominating |     |                                                                                                                                                      |
|                                                                                                                                           |     |                                                                                                                                                                                                    | Environmental, Health and Safety          |                                                                                                                                    |                                     |     |                                                                                                                                                      |
|                                                                                                                                           |     |                                                                                                                                                                                                    | Executive Compensation                    |                                                                                                                                    |                                     |     |                                                                                                                                                      |
|                                                                                                                                           |     |                                                                                                                                                                                                    | Sustainability and Shareholder Engagement |                                                                                                                                    |                                     |     |                                                                                                                                                      |
|                                                                                                                                           |     | ●                                                                                                                                                                                                  | Chair                                     | ●                                                                                                                                  | Member                              |     |                                                                                                                                                      |

| 2025Proxy Statement |
| 9                   |

Proxy Statement Summary

| INDEPENDENCE |

9 of 10 Nominees are Independent

| TENURE |

Average 7.9 years 0-5 years 4 6-10 years 2 >10 years 3

| DIVERSITY |

Racial/Ethnic Minorities 3 Women 3 50% Diverse

| Occidental’s governance policies requirethat independent directors comprise atleast two-thirds of the members of theBoard (a policy that exceeds New YorkStock Exchange (NYSE) requirements).The Board has affirmatively determinedthat each of our Board’s directornominees, other than Ms. Hollub,is independent under NYSE standards. |     | The average tenure of our Board’s non-employee director nominees isapproximately 7.9 years, which webelieve reflects a balance of companyexperience and new perspectives. |     | The Board recognizes the importance ofhaving a diverse and broadlyinclusive membership. |

Corporate Governance Highlights

| RELATING TO THE BOARD►Independent Chairman of the Board►Annual elections of the entire Board by a majority ofvotes cast (for uncont