# EDGAR Filing Document

**Accession Number:** 0000034088
**File Stem:** 0000034088-26-000067
**Filing Date:** 2026-5
**Character Count:** 166569
**Document Hash:** cd90f5c92c056975ec30bedb4d865017
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000034088-26-000067.hdr.sgml**: 20260504

**ACCESSION NUMBER**: 0000034088-26-000067

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 63

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260504

**DATE AS OF CHANGE**: 20260504

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXXON MOBIL CORP
- **CENTRAL INDEX KEY:** 0000034088
- **STANDARD INDUSTRIAL CLASSIFICATION:** PETROLEUM REFINING [2911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 135409005
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-02256
- **FILM NUMBER:** 26936005

**BUSINESS ADDRESS:**
- **STREET 1:** 22777 SPRINGWOODS VILLAGE PARKWAY
- **CITY:** SPRING
- **STATE:** TX
- **ZIP:** 77389-1425
- **BUSINESS PHONE:** 9729406000

**MAIL ADDRESS:**
- **STREET 1:** 22777 SPRINGWOODS VILLAGE PARKWAY
- **CITY:** SPRING
- **STATE:** TX
- **ZIP:** 77389-1425

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EXXON CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STANDARD OIL CO OF NEW JERSEY
- **DATE OF NAME CHANGE:** 19721123

?xml version='1.0' encoding='ASCII'? xom-20260331

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

![f8k991001x0x0.gif](xom-20260331_g1.gif)

**FORM 10-Q**

☑ **QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF**

**THE SECURITIES EXCHANGE ACT OF 1934**

For the quarterly period ended March 31, 2026

**or**

☐ **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF**

**THE SECURITIES EXCHANGE ACT OF 1934**

For the transition period from __________to__________

Commission File Number 1-2256

## Exxon Mobil Corporation
(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **New Jersey** | **13-5409005** |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) |

---

**22777 Springwoods Village Parkway, Spring, Texas 77389-1425** 

(Address of principal executive offices) (Zip Code)

**(972) 940-6000**

(Registrant's telephone number, including area code)

_______________________

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered |
| **Common Stock, without par value** | **XOM** | **New York Stock Exchange** |
| **0.524% Notes due 2028** | **XOM28** | **New York Stock Exchange** |
| **0.835% Notes due 2032** | **XOM32** | **New York Stock Exchange** |
| **1.408% Notes due 2039** | **XOM39A** | **New York Stock Exchange** |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of

1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such

filing requirements for the past 90 days. Yes ☑ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to

Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to

submit and post such files). Yes ☑ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or

an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth

company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☑ | Accelerated filer | ☐ |
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| | | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any

new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

---

| | |
|:---|:---|
| **Class** | **Outstanding as of March 31, 2026** |
| **Common stock, without par value** | **4144947162** |

---

**EXXON MOBIL CORPORATION**

**FORM 10-Q**

**FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2026**

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| **PART I. FINANCIAL INFORMATION** | **PART I. FINANCIAL INFORMATION** |
| **Item 1. Financial Statements** |  |
| [Condensed Consolidated Statement of Income](#i3fa947d5ca3846dca30fa994179f4ef9_16) | [3](#i3fa947d5ca3846dca30fa994179f4ef9_16) |
| [Condensed Consolidated Statement of Comprehensive Income](#i3fa947d5ca3846dca30fa994179f4ef9_19) | [4](#i3fa947d5ca3846dca30fa994179f4ef9_19) |
| [Condensed Consolidated Balance Sheet](#i3fa947d5ca3846dca30fa994179f4ef9_22) | [5](#i3fa947d5ca3846dca30fa994179f4ef9_22) |
| [Condensed Consolidated Statement of Cash Flows](#i3fa947d5ca3846dca30fa994179f4ef9_28) | [6](#i3fa947d5ca3846dca30fa994179f4ef9_28) |
| [Condensed Consolidated Statement of Changes in Equity](#i3fa947d5ca3846dca30fa994179f4ef9_31) | [7](#i3fa947d5ca3846dca30fa994179f4ef9_31) |
| **Notes to Condensed Consolidated Financial Statements** |  |
| [Note 1. Basis of Financial Statement Preparation](#i3fa947d5ca3846dca30fa994179f4ef9_40) | [7](#i3fa947d5ca3846dca30fa994179f4ef9_40) |
| [Note 2. Earnings Per Share](#i3fa947d5ca3846dca30fa994179f4ef9_52) | [7](#i3fa947d5ca3846dca30fa994179f4ef9_52) |
| [Note 3. Disclosures about Segments and Related Information](#i3fa947d5ca3846dca30fa994179f4ef9_61) | [8](#i3fa947d5ca3846dca30fa994179f4ef9_61) |
| [Note 4. Pension and Other Postretirement Benefits](#i3fa947d5ca3846dca30fa994179f4ef9_55) | [10](#i3fa947d5ca3846dca30fa994179f4ef9_55) |
| [Note 5. Other Comprehensive Income Information](#i3fa947d5ca3846dca30fa994179f4ef9_49) | [11](#i3fa947d5ca3846dca30fa994179f4ef9_49) |
| [Note 6. Financial Instruments and Derivatives](#i3fa947d5ca3846dca30fa994179f4ef9_58) | [12](#i3fa947d5ca3846dca30fa994179f4ef9_58) |
| [Note 7. Litigation and Other Contingencies](#i3fa947d5ca3846dca30fa994179f4ef9_46) | [13](#i3fa947d5ca3846dca30fa994179f4ef9_46) |
| [Note 8. Divestment Activities](#i3fa947d5ca3846dca30fa994179f4ef9_76) | [14](#i3fa947d5ca3846dca30fa994179f4ef9_76) |
| **[Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](#i3fa947d5ca3846dca30fa994179f4ef9_79)** | [15](#i3fa947d5ca3846dca30fa994179f4ef9_79) |
| **[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#i3fa947d5ca3846dca30fa994179f4ef9_193)** | [27](#i3fa947d5ca3846dca30fa994179f4ef9_193) |
| **[Item 4. Controls and Procedures](#i3fa947d5ca3846dca30fa994179f4ef9_196)** | [27](#i3fa947d5ca3846dca30fa994179f4ef9_196) |
| **PART II. OTHER INFORMATION** | **PART II. OTHER INFORMATION** |
| **[Item 1. Legal Proceedings](#i3fa947d5ca3846dca30fa994179f4ef9_202)** | [28](#i3fa947d5ca3846dca30fa994179f4ef9_202) |
| **[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#i3fa947d5ca3846dca30fa994179f4ef9_205)** | [28](#i3fa947d5ca3846dca30fa994179f4ef9_205) |
| **[Item 5. Other Information](#i3fa947d5ca3846dca30fa994179f4ef9_208)** | [28](#i3fa947d5ca3846dca30fa994179f4ef9_208) |
| **[Item 6. Exhibits](#i3fa947d5ca3846dca30fa994179f4ef9_211)** | [28](#i3fa947d5ca3846dca30fa994179f4ef9_211) |
| **[Signature](#i3fa947d5ca3846dca30fa994179f4ef9_217)** | [29](#i3fa947d5ca3846dca30fa994179f4ef9_217) |

---

[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**PART I. FINANCIAL INFORMATION**

**ITEM 1. FINANCIAL STATEMENTS**<br>

*The information in the Notes to Condensed Consolidated Financial Statements is an integral part of these statements.*

*Due to rounding, numbers presented may not add up precisely to the totals indicated.*

**CONDENSED CONSOLIDATED STATEMENT OF INCOME**<br>

---

| | | | |
|:---|:---|:---|:---|
| *(millions of dollars, unless noted)* | **Note** <br>**Reference** <br>**Number** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars, unless noted)* | **Note** <br>**Reference** <br>**Number** | **2026** | **2025** |
| **Revenues and other income** |  |  |  |
| Sales and other operating revenue | [3](#i3fa947d5ca3846dca30fa994179f4ef9_61) | 83161 | 81058 |
| Income from equity affiliates |  | 1369 | 1369 |
| Other income |  | 608 | 703 |
| **Total revenues and other income** |  | **85138** | **83130** |
| **Costs and other deductions** |  |  |  |
| Crude oil and product purchases |  | 51802 | 46788 |
| Production and manufacturing expenses |  | 10695 | 10083 |
| Selling, general and administrative expenses |  | 2684 | 2540 |
| Depreciation and depletion (includes impairments) |  | 6771 | 5702 |
| Exploration expenses, including dry holes |  | 126 | 64 |
| Non-service pension and postretirement benefit expense | [4](#i3fa947d5ca3846dca30fa994179f4ef9_55) | 62 | 113 |
| Interest expense |  | 295 | 205 |
| Other taxes and duties |  | 5736 | 6035 |
| **Total costs and other deductions** |  | **78171** | **71530** |
| **Income (loss) before income taxes** |  | **6967** | **11600** |
| Income tax expense (benefit) |  | 2495 | 3567 |
| **Net income (loss) including noncontrolling interests** |  | **4472** | **8033** |
| Net income (loss) attributable to noncontrolling interests |  | 289 | 320 |
| **Net income (loss) attributable to ExxonMobil** |  | **4183** | **7713** |
| **Earnings (loss) per common share *(dollars)*** | [2](#i3fa947d5ca3846dca30fa994179f4ef9_52) | **1.00** | **1.76** |
| **Earnings (loss) per common share - assuming dilution *(dollars)*** | [2](#i3fa947d5ca3846dca30fa994179f4ef9_52) | **1.00** | **1.76** |

---

[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME**<br>

---

| | | |
|:---|:---|:---|
| *(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Net income (loss) including noncontrolling interests** | **4472** | **8033** |
| **Other comprehensive income (net of income taxes)** |  |  |
| Foreign exchange translation adjustment | (263) | 302 |
| Adjustment for foreign exchange translation (gain)/loss <br>included in net income<br>| (5) |  |
| Postretirement benefits reserves adjustment (excluding amortization) | (35) | (34) |
| Amortization and settlement of postretirement benefits reserves adjustment included in net periodic <br>benefit costs<br>| (27) | 23 |
| **Total other comprehensive income (loss)** | **(330)** | **291** |
| **Comprehensive income (loss) including noncontrolling interests** | **4142** | **8324** |
| Comprehensive income (loss) attributable to noncontrolling interests | 194 | 330 |
| **Comprehensive income (loss) attributable to ExxonMobil** | **3948** | **7994** |

---

[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**CONDENSED CONSOLIDATED BALANCE SHEET**<br>

---

| | | | |
|:---|:---|:---|:---|
| *(millions of dollars, unless noted)* | **Note**<br>**Reference**<br>**Number**<br>| **March 31, 2026** | **December 31, 2025** |
| **ASSETS** |  |  |  |
| **Current assets** |  |  |  |
| Cash and cash equivalents |  | 8435 | 10681 |
| Notes and accounts receivable – net |  | 61783 | 44562 |
| Inventories |  |  |  |
| Crude oil, products and merchandise |  | 21838 | 22979 |
| Materials and supplies |  | 3137 | 3323 |
| Other current assets |  | 2594 | 1837 |
| **Total current assets** |  | **97787** | **83382** |
| Investments, advances and long-term receivables |  | 46125 | 45317 |
| Property, plant and equipment – net |  | 298781 | 299373 |
| Other assets, including intangibles – net |  | 21717 | 20908 |
| **Total Assets** |  | **464410** | **448980** |
| **LIABILITIES** |  |  |  |
| **Current liabilities** |  |  |  |
| Notes and loans payable |  | 14531 | 9296 |
| Accounts payable and accrued liabilities |  | 77088 | 60911 |
| Income taxes payable |  | 2759 | 2123 |
| **Total current liabilities** |  | **94378** | **72330** |
| Long-term debt |  | 33130 | 34241 |
| Postretirement benefits reserves |  | 8940 | 8847 |
| Deferred income tax liabilities |  | 40018 | 40216 |
| Long-term obligations to equity companies |  | 562 | 542 |
| Other long-term obligations |  | 26386 | 26178 |
| **Total Liabilities** |  | **203414** | **182354** |
| Commitments and contingencies | [7](#i3fa947d5ca3846dca30fa994179f4ef9_46) |  |  |
| **EQUITY** |  |  |  |
| Common stock without par value <br>(9,000 million shares authorized, 8,019 million shares issued)<br>|  | 46426 | 46150 |
| Earnings reinvested |  | 482344 | 482494 |
| Accumulated other comprehensive income | [5](#i3fa947d5ca3846dca30fa994179f4ef9_49) | (11098) | (10863) |
| Common stock held in treasury <br>(3,874 million shares at March 31, 2026 and<br>3,840 million shares at December 31, 2025)<br>|  | (263291) | (258395) |
| **ExxonMobil share of equity** |  | **254381** | **259386** |
| Noncontrolling interests |  | 6615 | 7240 |
| **Total Equity** |  | **260996** | **266626** |
| **Total Liabilities and Equity** |  | **464410** | **448980** |

---

[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS**<br>

---

| | | |
|:---|:---|:---|
| *(millions of dollars)* | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **CASH FLOWS FROM OPERATING ACTIVITIES** |  |  |
| Net income (loss) including noncontrolling interests | 4472 | 8033 |
| Depreciation and depletion (includes impairments) | 6771 | 5702 |
| Changes in operational working capital, excluding cash and debt | (1758) | (878) |
| All other items – net | (780) | 96 |
| **Net cash provided by operating activities** | **8705** | **12953** |
| **CASH FLOWS FROM INVESTING ACTIVITIES** |  |  |
| Additions to property, plant and equipment | (6470) | (5898) |
| Proceeds from asset sales and returns of investments | 219 | 1823 |
| Additional investments and advances | (387) | (153) |
| Other investing activities including collection of advances | 632 | 93 |
| **Net cash used in investing activities** | **(6006)** | **(4135)** |
| **CASH FLOWS FROM FINANCING ACTIVITIES** |  |  |
| Additions to long-term debt | 894 | 280 |
| Reductions in long-term debt | (158) | (7) |
| Reductions in short-term debt <sup>(1)</sup> | (5402) | (4541) |
| Additions/(reductions) in commercial paper, and debt with three months or less maturity | 9075 | (41) |
| Cash dividends to ExxonMobil shareholders | (4334) | (4335) |
| Cash dividends to noncontrolling interests | (168) | (141) |
| Changes in noncontrolling interests | 61 | (12) |
| Inflows from noncontrolling interests for major projects |  | 22 |
| Common stock acquired | (4868) | (4804) |
| **Net cash used in financing activities** | **(4900)** | **(13579)** |
| Effects of exchange rate changes on cash | (45) | 86 |
| **Increase/(decrease) in cash and cash equivalents (including restricted)** | **(2246)** | **(4675)** |
| Cash and cash equivalents at beginning of period (including restricted) | 10681 | 23187 |
| **Cash and cash equivalents at end of period (including restricted)** | **8435** | **18512** |
| **SUPPLEMENTAL DISCLOSURES** |  |  |
| Cash interest paid |  |  |
| Included in cash flows from operating activities | 362 | 211 |
| Capitalized, included in cash flows from investing activities | 199 | 326 |
| Total cash interest paid | 561 | 537 |
| Noncash right of use assets recorded in exchange for lease liabilities |  |  |
| Operating leases | 938 | 243 |
| Finance leases | 20 | 6 |
| <sup>(1)</sup> *Includes commercial paper with a maturity greater than three months.* | <sup>(1)</sup> *Includes commercial paper with a maturity greater than three months.* | <sup>(1)</sup> *Includes commercial paper with a maturity greater than three months.* |

---

[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY**<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **ExxonMobil Share of Equity** | **ExxonMobil Share of Equity** | **ExxonMobil Share of Equity** | **ExxonMobil Share of Equity** | **ExxonMobil Share of Equity** | | |
| ***(millions of dollars, unless noted)*** | **Common** <br>**Stock**<br>| **Earnings** <br>**Reinvested**<br>| **Accumulated** <br>**Other** <br>**Comprehensive** <br>**Income**<br>| **Common** <br>**Stock Held** <br>**in Treasury**<br>| **ExxonMobil** <br>**Share of** <br>**Equity**<br>| **Non-**<br>**controlling** <br>**Interests**<br>| **Total** <br>**Equity**<br>|
| **Balance as of December 31, 2024** | **46238** | **470903** | **(14619)** | **(238817)** | **263705** | **6901** | **270606** |
| Amortization of stock-based awards | 194 |  |  |  | 194 |  | 194 |
| Other | (6) | 9 |  |  | 3 | (4) | (1) |
| Net income (loss) for the period |  | 7713 |  |  | 7713 | 320 | 8033 |
| Dividends - common shares |  | (4335) |  |  | (4335) | (141) | (4476) |
| Other comprehensive income (loss) |  |  | 281 |  | 281 | 10 | 291 |
| Share repurchases, at cost |  |  |  | (4852) | (4852) |  | (4852) |
| Dispositions |  |  |  | 11 | 11 |  | 11 |
| **Balance as of March 31, 2025** | **46426** | **474290** | **(14338)** | **(243658)** | **262720** | **7086** | **269806** |
| **Balance as of December 31, 2025** | **46150** | **482494** | **(10863)** | **(258395)** | **259386** | **7240** | **266626** |
| Amortization of stock-based awards | 304 |  |  |  | 304 |  | 304 |
| Other | (28) | 1 |  |  | (27) | (637) | (664) |
| Net income (loss) for the period |  | 4183 |  |  | 4183 | 289 | 4472 |
| Dividends - common shares |  | (4334) |  |  | (4334) | (182) | (4516) |
| Other comprehensive income (loss) |  |  | (235) |  | (235) | (95) | (330) |
| Share repurchases, at cost |  |  |  | (4917) | (4917) |  | (4917) |
| Dispositions |  |  |  | 21 | 21 |  | 21 |
| **Balance as of March 31, 2026** | **46426** | **482344** | **(11098)** | **(263291)** | **254381** | **6615** | **260996** |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2026** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** | **Three Months Ended March 31, 2025** |
| **Common Stock Share Activity** <br>*(millions of shares)*<br>| **Issued** | **Held in** <br>**Treasury**<br>| **Outstanding** | **Issued** | **Held in** <br>**Treasury**<br>| **Outstanding** |
| **Balance as of December 31** | **8019** | **(3840)** | **4179** | **8019** | **(3666)** | **4353** |
| Share repurchases, at cost |  | (34) | (34) |  | (43) | (43) |
| **Balance as of March 31** | **8019** | **(3874)** | **4145** | **8019** | **(3709)** | **4310** |

---

**NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**<br>

*Due to rounding, numbers presented may not add up precisely to the totals indicated.*

**Note 1. Basis of Financial Statement Preparation**

These unaudited Condensed Consolidated Financial Statements should be read in the context of the Consolidated Financial

Statements and notes thereto filed with the Securities and Exchange Commission in the Corporation's 2025 Annual Report on

Form 10-K. In the opinion of the Corporation, the information furnished herein reflects all known accruals and adjustments

necessary for a fair statement of the results for the periods reported herein. All such adjustments are of a normal recurring

nature.

The Corporation's exploration and production activities are accounted for under the "successful efforts" method.

**Note 2. Earnings Per Share**

---

| | | |
|:---|:---|:---|
| **Earnings per common share** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| **Earnings per common share** | **2026** | **2025** |
| Net income (loss) attributable to ExxonMobil *(millions of dollars)* | 4183 | 7713 |
| Weighted-average number of common shares outstanding *(millions of shares)* <sup>(1)</sup> | 4202 | 4372 |
| Earnings (loss) per common share *(dollars)* <sup>(2)</sup> | 1.00 | 1.76 |
| Dividends paid per common share *(dollars)* | 1.03 | 0.99 |
| <sup>(1)</sup> *Includes restricted shares not vested.* | <sup>(1)</sup> *Includes restricted shares not vested.* | <sup>(1)</sup> *Includes restricted shares not vested.* |
| <sup>(2)</sup> *Earnings (loss) per common share and earnings (loss) per common share – assuming dilution are the same in each period shown.* | <sup>(2)</sup> *Earnings (loss) per common share and earnings (loss) per common share – assuming dilution are the same in each period shown.* | <sup>(2)</sup> *Earnings (loss) per common share and earnings (loss) per common share – assuming dilution are the same in each period shown.* |

---

[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**Note 3. Disclosures about Segments and Related Information**

Our four reportable segments are Upstream, Energy Products, Chemical Products, and Specialty Products.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(millions of dollars)* | **Upstream** | **Upstream** | **Energy Products** | **Energy Products** | **Chemical Products** | **Chemical Products** | **Specialty Products** | **Specialty Products** | **Segment** <br>**Total** |
| *(millions of dollars)* | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **Segment** <br>**Total** |
| **Three Months Ended March 31, 2026** |  |  |  |  |  |  |  |  |  |
| **Revenues and other income** |  |  |  |  |  |  |  |  |  |
| Sales and other operating revenue | 7265 | 2813 | 25990 | 37204 | 1970 | 3504 | 1372 | 3018 | **83136** |
| Income from equity affiliates | (61) | 906 | 34 | 438 | 32 | 102 | 1 | (18) | **1434** |
| Intersegment revenue | 7593 | 10023 | 6421 | 7105 | 1692 | 977 | 496 | 140 | **34447** |
| Other income | 246 | 39 | 29 | 51 |  | 1 | 3 | 29 | **398** |
| **Segment revenues and other income** | **15043** | **13781** | **32474** | **44798** | **3694** | **4584** | **1872** | **3169** | **119415** |
| **Costs and other items** |  |  |  |  |  |  |  |  |  |
| Crude oil and product purchases | 6083 | 2843 | 28194 | 39967 | 1950 | 3561 | 972 | 2109 | **85679** |
| Operating expenses, excl. depreciation and <br>depletion <sup>(1)</sup><br>| 3035 | 2513 | 2313 | 2117 | 1175 | 1038 | 502 | 497 | **13190** |
| Depreciation and depletion (includes impairments) | 3838 | 1870 | 207 | 216 | 149 | 157 | 23 | 38 | **6498** |
| Interest expense | (5) | 6 | 2 | 3 |  |  | 1 |  | **7** |
| Other taxes and duties | 68 | 329 | 731 | 4492 | 15 | 47 | 4 | 50 | **5736** |
| **Total costs and other deductions** | **13019** | **7561** | **31447** | **46795** | **3289** | **4803** | **1502** | **2694** | **111110** |
| **Segment income (loss) before income taxes** | **2024** | **6220** | **1027** | **(1997)** | **405** | **(219)** | **370** | **475** | **8305** |
| Income tax expense (benefit) | 450 | 1956 | 301 | (201) | 86 | (17) | 97 | 90 | **2762** |
| **Segment net income (loss) incl. noncontrolling** <br>**interests**<br>| **1574** | **4264** | **726** | **(1796)** | **319** | **(202)** | **273** | **385** | **5543** |
| Net income (loss) attributable to noncontrolling <br>interests<br>|  | 101 | 65 | 127 |  | 7 | (1) | 8 | **307** |
| **Segment income (loss)** | **1574** | **4163** | **661** | **(1923)** | **319** | **(209)** | **274** | **377** | **5236** |
| ***Reconciliation of consolidated revenues*** | ***Reconciliation of consolidated revenues*** | ***Reconciliation of consolidated revenues*** |  |  |  |  |  |  |  |
| Segment revenues and other income | Segment revenues and other income | Segment revenues and other income | 119415 |  |  |  |  |  |  |
| Other revenues <sup>(2)</sup> | Other revenues <sup>(2)</sup> | Other revenues <sup>(2)</sup> | 170 |  |  |  |  |  |  |
| Elimination of intersegment revenues | Elimination of intersegment revenues | Elimination of intersegment revenues | (34447) |  |  |  |  |  |  |
| **Total consolidated revenues and other income** | **Total consolidated revenues and other income** | **Total consolidated revenues and other income** | **85138** |  |  |  |  |  |  |
| ***Reconciliation of income (loss) attributable to ExxonMobil*** | ***Reconciliation of income (loss) attributable to ExxonMobil*** | ***Reconciliation of income (loss) attributable to ExxonMobil*** |  |  |  |  |  |  |  |
| Total segment income (loss) | Total segment income (loss) | Total segment income (loss) | 5236 |  |  |  |  |  |  |
| Corporate and Financing income (loss) | Corporate and Financing income (loss) | Corporate and Financing income (loss) | (1053) |  |  |  |  |  |  |
| **Net income (loss) attributable to ExxonMobil** | **Net income (loss) attributable to ExxonMobil** | **Net income (loss) attributable to ExxonMobil** | **4183** |  |  |  |  |  |  |
| *(millions of dollars)* | **Upstream** | **Upstream** | **Energy Products** | **Energy Products** | **Chemical Products** | **Chemical Products** | **Specialty Products** | **Specialty Products** | **Segment** <br>**Total** |
| *(millions of dollars)* | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **Segment** <br>**Total** |
| **Three Months Ended March 31, 2026** |  |  |  |  |  |  |  |  |  |
| Additions to property, plant and equipment <sup>(3)</sup> | 3275 | 1885 | 851 | 166 | 152 | 25 | 34 | 19 | **6407** |
| **As of March 31, 2026** |  |  |  |  |  |  |  |  |  |
| Investments in equity companies | 5669 | 19909 | 463 | 1479 | 2931 | 2627 |  | 752 | **33830** |
| Total assets | 153871 | 137240 | 39224 | 54765 | 17682 | 18097 | 2887 | 7843 | **431609** |
| ***Reconciliation to Corporate Total*** | **Segment Total** | **Segment Total** | **Corporate and** <br>**Financing** | **Corporate and** <br>**Financing** | **Corporate Total** | **Corporate Total** |  |  |  |
| **Three Months Ended March 31, 2026** |  |  |  |  |  |  |  |  |  |
| Additions to property, plant and equipment <sup>(3)</sup> | 6407 | 6407 | 347 | 347 | **6754** | **6754** |  |  |  |
| **As of March 31, 2026** |  |  |  |  |  |  |  |  |  |
| Investments in equity companies | 33830 | 33830 | (117) | (117) | **33713** | **33713** |  |  |  |
| Total assets | 431609 | 431609 | 32801 | 32801 | **464410** | **464410** |  |  |  |
| <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* |
| <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $206 million.* |
| <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* |

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[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *(millions of dollars)* | **Upstream** | **Upstream** | **Energy Products** | **Energy Products** | **Chemical Products** | **Chemical Products** | **Specialty Products** | **Specialty Products** | **Segment** <br>**Total** |
| *(millions of dollars)* | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **Segment** <br>**Total** |
| **Three Months Ended March 31, 2025** |  |  |  |  |  |  |  |  |  |
| **Revenues and other income** |  |  |  |  |  |  |  |  |  |
| Sales and other operating revenue | 7318 | 3960 | 23885 | 36077 | 2022 | 3385 | 1367 | 3025 | **81039** |
| Income from equity affiliates | 4 | 1247 | 36 | 1 | 23 | 140 |  | (22) | **1429** |
| Intersegment revenue | 6556 | 9850 | 4624 | 6672 | 1675 | 739 | 549 | 114 | **30779** |
| Other income | (135) | 374 | 56 | 24 | 1 | (1) |  | 27 | **346** |
| **Segment revenues and other income** | **13743** | **15431** | **28601** | **42774** | **3721** | **4263** | **1916** | **3144** | **113593** |
| **Costs and other items** |  |  |  |  |  |  |  |  |  |
| Crude oil and product purchases | 5429 | 3261 | 25106 | 35046 | 2154 | 3015 | 997 | 2079 | **77087** |
| Operating expenses, excl. depreciation and <br>depletion <sup>(1)</sup><br>| 2763 | 2281 | 2082 | 2159 | 1063 | 1084 | 472 | 570 | **12474** |
| Depreciation and depletion (includes impairments) | 3038 | 1689 | 195 | 173 | 145 | 122 | 27 | 38 | **5427** |
| Interest expense | 37 | 6 |  | 1 |  |  |  |  | **44** |
| Other taxes and duties | 64 | 539 | 787 | 4562 | 16 | 22 | 2 | 44 | **6036** |
| **Total costs and other deductions** | **11331** | **7776** | **28170** | **41941** | **3378** | **4243** | **1498** | **2731** | **101068** |
| **Segment income (loss) before income taxes** | **2412** | **7655** | **431** | **833** | **343** | **20** | **418** | **413** | **12525** |
| Income tax expense (benefit) | 542 | 2598 | 94 | 187 | 88 | (6) | 96 | 77 | **3676** |
| **Segment net income (loss) incl. noncontrolling** <br>**interests**<br>| **1870** | **5057** | **337** | **646** | **255** | **26** | **322** | **336** | **8849** |
| Net income (loss) attributable to noncontrolling <br>interests<br>|  | 171 | 40 | 116 |  | 8 |  | 3 | **338** |
| **Segment income (loss)** | **1870** | **4886** | **297** | **530** | **255** | **18** | **322** | **333** | **8511** |
| ***Reconciliation of consolidated revenues*** | ***Reconciliation of consolidated revenues*** | ***Reconciliation of consolidated revenues*** |  |  |  |  |  |  |  |
| Segment revenues and other income | Segment revenues and other income | Segment revenues and other income | 113593 |  |  |  |  |  |  |
| Other revenues <sup>(2)</sup> | Other revenues <sup>(2)</sup> | Other revenues <sup>(2)</sup> | 316 |  |  |  |  |  |  |
| Elimination of intersegment revenues | Elimination of intersegment revenues | Elimination of intersegment revenues | (30779) |  |  |  |  |  |  |
| **Total consolidated revenues and other income** | **Total consolidated revenues and other income** | **Total consolidated revenues and other income** | **83130** |  |  |  |  |  |  |
| ***Reconciliation of income (loss) attributable to ExxonMobil*** | ***Reconciliation of income (loss) attributable to ExxonMobil*** | ***Reconciliation of income (loss) attributable to ExxonMobil*** |  |  |  |  |  |  |  |
| Total segment income (loss) | Total segment income (loss) | Total segment income (loss) | 8511 |  |  |  |  |  |  |
| Corporate and Financing income (loss) | Corporate and Financing income (loss) | Corporate and Financing income (loss) | (798) |  |  |  |  |  |  |
| **Net income (loss) attributable to ExxonMobil** | **Net income (loss) attributable to ExxonMobil** | **Net income (loss) attributable to ExxonMobil** | **7713** |  |  |  |  |  |  |
| *(millions of dollars)* | **Upstream** | **Upstream** | **Energy Products** | **Energy Products** | **Chemical Products** | **Chemical Products** | **Specialty Products** | **Specialty Products** | **Segment** <br>**Total** |
| *(millions of dollars)* | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **U.S.** | **Non-U.S.** | **Segment** <br>**Total** |
| **Three Months Ended March 31, 2025** |  |  |  |  |  |  |  |  |  |
| Additions to property, plant and equipment <sup>(3)</sup> | 2780 | 2022 | 116 | 228 | 145 | 117 | 49 | 53 | **5510** |
| **As of December 31, 2025** |  |  |  |  |  |  |  |  |  |
| Investments in equity companies | 5491 | 19429 | 460 | 1048 | 2946 | 2616 |  | 775 | **32765** |
| Total assets | 153042 | 134529 | 32652 | 47265 | 17365 | 17991 | 2961 | 8020 | **413825** |
| ***Reconciliation to Corporate Total*** | **Segment Total** | **Segment Total** | **Corporate and** <br>**Financing** | **Corporate and** <br>**Financing** | **Corporate Total** | **Corporate Total** |  |  |  |
| **Three Months Ended March 31, 2025** |  |  |  |  |  |  |  |  |  |
| Additions to property, plant and equipment <sup>(</sup><sup>3)</sup> | 5510 | 5510 | 519 | 519 | **6029** | **6029** |  |  |  |
| **As of December 31, 2025** |  |  |  |  |  |  |  |  |  |
| Investments in equity companies | 32765 | 32765 | (112) | (112) | **32653** | **32653** |  |  |  |
| Total assets | 413825 | 413825 | 35155 | 35155 | **448980** | **448980** |  |  |  |
| <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* | <sup>(1)</sup> *Operating expenses, excl. depreciation and depletion includes the following GAAP line items, as reflected on the Income Statement: Production and manufacturing* <br>*expenses; Selling, general and administrative expenses; Exploration expenses, including dry holes; and Non-service pension and postretirement benefit expense.* |
| <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* | <sup>(2)</sup> *Primarily Corporate and Financing Interest revenue of $363 million.* |
| <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* | <sup>(3)</sup> *Includes non-cash additions.* |

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[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**Revenue from Contracts with Customers**

Sales and other operating revenue include both revenue within the scope of ASC 606 and outside the scope of ASC 606. Trade

receivables in "Notes and accounts receivable – net" reported on the Balance Sheet also includes both receivables within the

scope of ASC 606 and those outside the scope of ASC 606. Revenue and receivables outside the scope of ASC 606 primarily

relate to physically settled commodity contracts accounted for as derivatives. Contractual terms, credit quality, and type of

customer are generally similar between those revenues and receivables within the scope of ASC 606 and those outside it.

---

| | | |
|:---|:---|:---|
| **Sales and other operating revenue**<br>*(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| **Sales and other operating revenue**<br>*(millions of dollars)* | **2026** | **2025** |
| Revenue from contracts with customers | 56866 | 56931 |
| Revenue outside the scope of ASC 606 | 26295 | 24127 |
| **Total** | **83161** | **81058** |

---

---

| | | |
|:---|:---|:---|
| **Geographic Sales and Other Operating Revenue**<br>*(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| **Geographic Sales and Other Operating Revenue**<br>*(millions of dollars)* | **2026** | **2025** |
| United States | 36627 | 34607 |
| Non-U.S. | 46534 | 46451 |
| **Total** | **83161** | **81058** |
| **Significant Non-U.S. revenue sources include:** <sup>(1)</sup> |  |  |
| Canada | 7483 | 6990 |
| <sup>(1)</sup> *Revenue is determined by primary country of operations. Excludes certain sales and other operating revenues in non-U.S. operations* <br>*where attribution to a specific country is not practicable.* | <sup>(1)</sup> *Revenue is determined by primary country of operations. Excludes certain sales and other operating revenues in non-U.S. operations* <br>*where attribution to a specific country is not practicable.* | <sup>(1)</sup> *Revenue is determined by primary country of operations. Excludes certain sales and other operating revenues in non-U.S. operations* <br>*where attribution to a specific country is not practicable.* |

---

**Note 4. Pension and Other Postretirement Benefits**

---

| | | |
|:---|:---|:---|
| *(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Components of net benefit cost** |  |  |
| Pension Benefits - U.S. |  |  |
| Service cost | 127 | 136 |
| Interest cost | 165 | 170 |
| Expected return on plan assets | (164) | (149) |
| Amortization of actuarial loss/(gain)  | 5 | 18 |
| Amortization of prior service cost | (8) | (7) |
| Net pension enhancement and curtailment/settlement cost | (1) | 36 |
| **Net benefit cost** | **124** | **204** |
| Pension Benefits - Non-U.S. |  |  |
| Service cost | 72 | 78 |
| Interest cost | 239 | 222 |
| Expected return on plan assets | (231) | (221) |
| Amortization of actuarial loss/(gain) | (10) | 9 |
| Amortization of prior service cost | 15 | 13 |
| Net pension enhancement and curtailment/settlement cost | 28 |  |
| **Net benefit cost** | **113** | **101** |
| Other Postretirement Benefits |  |  |
| Service cost | 21 | 23 |
| Interest cost | 65 | 65 |
| Expected return on plan assets | (4) | (4) |
| Amortization of actuarial loss/(gain) | (22) | (24) |
| Amortization of prior service cost | (15) | (15) |
| **Net benefit cost** | **45** | **45** |

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[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**Note 5. Other Comprehensive Income Information**

---

| | | | |
|:---|:---|:---|:---|
| **ExxonMobil Share of Accumulated Other**<br>**Comprehensive Income**<br>*(millions of dollars)*<br>| **Cumulative** <br>**Foreign** <br>**Exchange** <br>**Translation** <br>**Adjustment**<br>| **Postretirement**<br>**Benefits Reserves**<br>**Adjustment**<br>| **Total**  |
| **Balance as of December 31, 2024** | **(16166)** | **1547** | **(14619)** |
| Current period change excluding amounts reclassified from accumulated <br>other comprehensive income <sup>(1)</sup><br>| 295 | (36) | 259 |
| Amounts reclassified from accumulated other comprehensive income |  | 22 | 22 |
| Total change in accumulated other comprehensive income | 295 | (14) | 281 |
| **Balance as of March 31, 2025** | **(15871)** | **1533** | **(14338)** |
| **Balance as of December 31, 2025** | **(13398)** | **2535** | **(10863)** |
| Current period change excluding amounts reclassified from accumulated <br>other comprehensive income <sup>(</sup><sup>1)</sup><br>| (174) | (29) | (203) |
| Amounts reclassified from accumulated other comprehensive income | (5) | (27) | (32) |
| Total change in accumulated other comprehensive income | (179) | (56) | (235) |
| **Balance as of March 31, 2026** | **(13577)** | **2479** | **(11098)** |
| <sup>(1)</sup> *Cumulative Foreign Exchange Translation Adjustment includes net investment hedge gain/(loss) net of taxes of $55 million and $(99)* <br>*million in 2026 and 2025, respectively.* | <sup>(1)</sup> *Cumulative Foreign Exchange Translation Adjustment includes net investment hedge gain/(loss) net of taxes of $55 million and $(99)* <br>*million in 2026 and 2025, respectively.* | <sup>(1)</sup> *Cumulative Foreign Exchange Translation Adjustment includes net investment hedge gain/(loss) net of taxes of $55 million and $(99)* <br>*million in 2026 and 2025, respectively.* | <sup>(1)</sup> *Cumulative Foreign Exchange Translation Adjustment includes net investment hedge gain/(loss) net of taxes of $55 million and $(99)* <br>*million in 2026 and 2025, respectively.* |

---

---

| | | |
|:---|:---|:---|
| **Amounts Reclassified Out of Accumulated Other**<br>**Comprehensive Income - Before-tax Income/(Expense)** <br>*(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| **Amounts Reclassified Out of Accumulated Other**<br>**Comprehensive Income - Before-tax Income/(Expense)** <br>*(millions of dollars)* | **2026** | **2025** |
| Foreign exchange translation gain/(loss) included in net income<br>(Statement of Income line: Other income)<br>| 5 |  |
| Amortization and settlement of postretirement benefits reserves adjustment included in net periodic <br>benefit costs (Statement of Income line: Non-service pension and postretirement benefit expense)<br>| 35 | (30) |

---

---

| | | |
|:---|:---|:---|
| **Income Tax (Expense)/Credit For**<br>**Components of Other Comprehensive Income** <br>*(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| **Income Tax (Expense)/Credit For**<br>**Components of Other Comprehensive Income** <br>*(millions of dollars)* | **2026** | **2025** |
| Foreign exchange translation adjustment | 57 | 59 |
| Postretirement benefits reserves adjustment (excluding amortization) | 1 | 22 |
| Amortization and settlement of postretirement benefits reserves adjustment included in net periodic <br>benefit costs<br>| 8 | (7) |
| **Total** | **66** | **74** |

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**Note 6. Financial Instruments and Derivatives**

The estimated fair value of financial instruments and derivatives at March 31, 2026 and December 31, 2025, and the related

hierarchy level for the fair value measurement was as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| *(millions of dollars)* | **Fair Value** | **Fair Value** | **Fair Value** | **Fair Value** |  |  |  |  |
| *(millions of dollars)* | **Level 1** | **Level 2** | **Level 3** | **Total Gross** <br>**Assets**<br>**& Liabilities**<br>| **Effect of** <br>**Counterparty** <br>**Netting**<br>| **Effect of**<br>**Collateral**<br>**Netting**<br>| **Difference in** <br>**Carrying Value** <br>**and Fair Value**<br>| **Net**<br>**Carrying**<br>**Value**<br>|
| **Assets** |  |  |  |  |  |  |  |  |
| Derivative assets <sup>(1)</sup> | 42237 | 8357 |  | 50594 | (47389) | (281) |  | 2924 |
| Advances to/receivables from equity <br>companies <sup>(2)(3)</sup><br>|  | 1369 | 4134 | 5503 |  |  | 226 | 5729 |
| Other long-term financial assets <sup>(4)</sup> | 1552 |  | 1788 | 3340 |  |  | 228 | 3568 |
| **Liabilities** |  |  |  |  |  |  |  |  |
| Derivative liabilities <sup>(5)</sup> | 44879 | 8430 |  | 53309 | (47389) | (2912) |  | 3008 |
| Long-term debt <sup>(6)</sup> | 23269 | 4108 |  | 27377 |  |  | 3382 | 30759 |
| Long-term obligations to equity <br>companies<sup>(3)</sup><br>|  |  | 562 | 562 |  |  |  | 562 |
| Other long-term financial liabilities <sup>(7)</sup> |  |  | 352 | 352 |  |  | 13 | 365 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| *(millions of dollars)* | **Fair Value** | **Fair Value** | **Fair Value** | **Fair Value** |  |  |  |  |
| *(millions of dollars)* | **Level 1** | **Level 2** | **Level 3** | **Total Gross** <br>**Assets**<br>**& Liabilities**<br>| **Effect of** <br>**Counterparty** <br>**Netting**<br>| **Effect of**<br>**Collateral**<br>**Netting**<br>| **Difference in** <br>**Carrying Value** <br>**and Fair Value**<br>| **Net**<br>**Carrying**<br>**Value**<br>|
| **Assets** |  |  |  |  |  |  |  |  |
| Derivative assets <sup>(1)</sup> | 5197 | 2259 |  | 7456 | (6261) | (341) |  | 854 |
| Advances to/receivables from equity <br>companies <sup>(2)(3)</sup><br>|  | 1935 | 3938 | 5873 |  |  | 256 | 6129 |
| Other long-term financial assets <sup>(4)</sup> | 1536 |  | 1800 | 3336 |  |  | 216 | 3552 |
| **Liabilities** |  |  |  |  |  |  |  |  |
| Derivative liabilities <sup>(5)</sup> | 4994 | 2043 |  | 7037 | (6261) | (141) |  | 635 |
| Long-term debt <sup>(6)</sup> | 24678 | 3909 |  | 28587 |  |  | 3248 | 31835 |
| Long-term obligations to equity <br>companies <sup>(3)</sup><br>|  |  | 542 | 542 |  |  |  | 542 |
| Other long-term financial liabilities <sup>(7)</sup> |  |  | 348 | 348 |  |  | 16 | 364 |
| <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* | <sup>(1)</sup> *Included in the Balance Sheet lines: Notes and accounts receivable - net and Other assets, including intangibles - net.* |
| <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* | <sup>(2)</sup> *Included in the Balance Sheet line: Investments, advances and long-term receivables.* |
| <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* | <sup>(3)</sup> *Advances to/receivables from equity companies and long-term obligations to equity companies are mainly designated as hierarchy level 3* <br>*inputs. The fair value is calculated by discounting the remaining obligations by a rate consistent with the credit quality and industry of the* <br>*equity company.* |
| <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* | <sup>(4)</sup> *Included in the Balance Sheet lines: Investments, advances and long-term receivables and Other assets, including intangibles - net.* |
| <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* | <sup>(5)</sup> *Included in the Balance Sheet lines: Accounts payable and accrued liabilities and Other long-term obligations.* |
| <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* | <sup>(6)</sup> *Excluding finance lease obligations.* |
| <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* | <sup>(7)</sup> *Included in the Balance Sheet line: Other long-term obligations. Includes contingent consideration related to a prior year acquisition* <br>*where fair value is based on expected drilling activities and discount rates.* |

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At March 31, 2026 and December 31, 2025, respectively, the Corporation had $1.9 billion and $0.5 billion of collateral under

master netting arrangements not offset against the derivatives on the Condensed Consolidated Balance Sheet, primarily related

to initial margin requirements.

The Corporation may use non-derivative financial instruments, such as its foreign currency-denominated debt, as hedges of its

net investments in certain foreign subsidiaries. Under this method, the change in the carrying value of the financial instruments

due to foreign exchange fluctuations is reported in accumulated other comprehensive income. As of March 31, 2026, the

Corporation has designated $3.4 billion of its Euro-denominated debt and related accrued interest as a net investment hedge of

its European business. The net investment hedge is deemed to be perfectly effective.

The Corporation had undrawn short-term committed lines of credit of $7.3 billion and undrawn long-term committed lines of

credit of $0.3 billion as of the end of first quarter 2026.

**Derivative Instruments**

The Corporation's size, strong capital structure, geographic diversity, and the complementary nature of its business segments

reduce the Corporation's enterprise-wide risk from changes in commodity prices, currency rates, and interest rates. In addition,

the Corporation uses commodity-based contracts, including derivatives, to manage commodity price risk and to generate returns

from trading. Commodity contracts held for trading purposes are presented in the Condensed Consolidated Statement of Income

on a net basis in the line "Sales and other operating revenue" and in the Consolidated Statement of Cash Flows in "Cash Flows

from Operating Activities" and included before-tax realized and unrealized losses of $3.8 billion and gains of $19 million for

the periods ended March 31, 2026 and 2025, respectively. The Corporation's commodity derivatives are not accounted for

under hedge accounting. At times, the Corporation also enters into currency and interest rate derivatives, none of which are

material to the Corporation's financial position as of March 31, 2026 and December 31, 2025, or results of operations for the

periods ended March 31, 2026 and 2025.

The Corporation operates a program to hedge certain of its fixed-rate debt instruments against changes in fair value due to

changes in the designated benchmark interest rate. This program utilizes fair value hedge accounting. The derivative (hedging)

instruments are fixed-for-floating interest rate swaps, with settlement dates that correspond to the interest payments associated

with the fixed-rate debt (hedged item). Changes in the fair values of the hedging instruments are perfectly offset by changes in

the fair values of the hedged items; the effects of these changes in fair values are recorded in "Interest expense" in the

Consolidated Statement of Income. This program was not material to the Consolidated Financial Statements as of the end of

first quarter 2026.

Credit risk associated with the Corporation's derivative position is mitigated by several factors, including the use of derivative

clearing exchanges and the quality of and financial limits placed on derivative counterparties. The Corporation maintains a

system of controls that includes the authorization, reporting, and monitoring of derivative activity.

The net notional long/(short) position of derivative instruments at March 31, 2026 and December 31, 2025, was as follows:

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| | | |
|:---|:---|:---|
| *(millions)* | **March 31, 2026** | **December 31, 2025** |
| Crude oil (barrels) | 25 | 6 |
| Petroleum products (barrels) | (47) | (27) |
| Natural gas (MMBTUs) | (658) | (449) |

---

**Note 7. Litigation and Other Contingencies**

**Litigation**

A variety of claims have been made against ExxonMobil and certain of its consolidated subsidiaries in a number of pending

lawsuits. Management has regular litigation reviews, including updates from corporate and outside counsel, to assess the need

for accounting recognition or disclosure of these contingencies. The Corporation accrues an undiscounted liability for those

contingencies where the incurrence of a loss is probable and the amount can be reasonably estimated. If a range of amounts can

be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the

range is accrued. The Corporation does not record liabilities when the likelihood that the liability has been incurred is probable

but the amount cannot be reasonably estimated or when the liability is believed to be only reasonably possible or remote. For

contingencies where an unfavorable outcome is reasonably possible and which are significant, the Corporation discloses the

nature of the contingency and, where feasible, an estimate of the possible loss. For purposes of our contingency disclosures,

"significant" includes material matters, as well as other matters, which management believes should be disclosed.

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State and local governments and other entities in various jurisdictions across the United States and its territories have filed a

number of legal proceedings against several oil and gas companies, including ExxonMobil, requesting unprecedented legal and

equitable relief for various alleged injuries purportedly connected to climate change. These lawsuits assert a variety of novel,

untested claims under statutory and common law. Additional such lawsuits may be filed. We believe the legal and factual

theories set forth in these proceedings are meritless and represent an inappropriate attempt to use the court system to usurp the

proper role of policymakers in addressing the societal challenges of climate change.

Local governments in Louisiana have filed unprecedented legal proceedings against a number of oil and gas companies,

including ExxonMobil, requesting compensation for the restoration of coastal marsh erosion in the state. We believe the factual

and legal theories set forth in these proceedings are meritless.

While the outcome of any litigation can be unpredictable, we believe the likelihood is remote that the ultimate outcomes of

these lawsuits will have a material adverse effect on the Corporation's operations, financial condition, or financial statements

taken as a whole. We will continue to defend vigorously against these claims.

**Other Contingencies**

The Corporation and certain of its consolidated subsidiaries were contingently liable at March 31, 2026, for guarantees relating

to notes, loans and performance under contracts. Where guarantees for environmental remediation and other similar matters do

not include a stated cap, the amounts reflect management's estimate of the maximum potential exposure. Where it is not

possible to make a reasonable estimation of the maximum potential amount of future payments, future performance is expected

to be either immaterial or have only a remote chance of occurrence.

---

| | | | |
|:---|:---|:---|:---|
| | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| <br> *(millions of dollars)* | **Equity Company**<br>**Obligations** <sup>(1)</sup><br>| **Other Third-Party** <br>**Obligations**<br>| **Total** |
| **Guarantees** |  |  |  |
| Non-debt-related | 665 | 5832 | 6497 |
| **Total** | **665** | **5832** | **6497** |
| <sup>(1)</sup> *ExxonMobil share.* | <sup>(1)</sup> *ExxonMobil share.* | <sup>(1)</sup> *ExxonMobil share.* | <sup>(1)</sup> *ExxonMobil share.* |

---

Additionally, the Corporation and its affiliates have numerous long-term sales and purchase commitments in their various

business activities, all of which are expected to be fulfilled with no adverse consequences material to the Corporation's

operations or financial condition.

**Note 8. Divestment Activities**

Through March 31, 2026, the Corporation realized proceeds of approximately $0.2 billion from its divestment activities with

negligible impact on after-tax earnings. This included the sale of certain conventional assets in the United States, as well as

other smaller divestments.

In 2025, the Corporation realized proceeds of approximately $3.2 billion and recognized net after-tax earnings of approximately

$1.1 billion from its divestment activities. This included the sale of the Singapore retail fuels business, Mobil Argentina S.A.,

Product Solutions affiliates in France, certain conventional and unconventional assets in the United States, and other smaller

divestments.

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**ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND** 

**RESULTS OF OPERATIONS**

*Due to rounding, numbers presented may not add up precisely to the totals indicated.*

**FORWARD-LOOKING STATEMENTS**

Statements related to future events; projections; descriptions of strategic, operating, and financial plans and objectives;

statements of future ambitions and plans; future earnings power; potential addressable markets; and other statements of future

events or conditions are forward-looking statements. Similarly, discussion of future plans related to carbon capture,

transportation and storage, lower-emission fuels, hydrogen and ammonia, direct air capture, Proxxima<sup>TM</sup> systems, carbon

materials, lithium, low-carbon data centers, and other future plans to reduce emissions and emission intensity of ExxonMobil,

its affiliates, and third parties are dependent on future market factors, such as continued technological progress, stable policy

support and timely rule-making and permitting, and represent forward-looking statements.

Actual future results, including financial and operating performance; potential earnings, cash flow, dividends or shareholder

returns, including the timing and amounts of share repurchases; total capital expenditures and mix, including allocations of

capital to low carbon and other new investments; realization and maintenance of structural cost reductions and efficiency gains,

including the ability to offset inflationary pressure; plans to reduce future emissions and emissions intensity, including

ambitions to reach Scope 1 and Scope 2 net zero from operated assets by 2050, to reach Scope 1 and 2 net zero in integrated

Upstream Permian Basin unconventional operated assets by 2035, to eliminate routine flaring in-line with World Bank Zero

Routine Flaring, to reach near-zero methane emissions from operated assets and other methane initiatives; and to meet

ExxonMobil's emission reduction plans and goals, divestment and start-up plans, and associated project plans as well as

technology advances, including the timing and outcome of projects to capture, transport and store CO2, produce hydrogen and

ammonia, produce lower-emission fuels, produce Proxxima<sup>TM</sup> systems, produce carbon materials, produce lithium, and use

plastic waste as feedstock for advanced recycling; future debt levels and credit ratings; business and project plans, timing, costs,

capacities and profitability; resource recoveries and production rates; and planned Denbury and Pioneer integrated benefits,

could differ materially due to a number of factors.

These include global or regional changes or imbalances in the supply and demand for oil, natural gas, petrochemicals, and

feedstocks and other market factors; economic conditions and seasonal fluctuations that impact prices, differentials, margins,

and volume/mix for our products; developments or changes in local, national, or international laws, regulations, taxes, trade

sanctions, trade tariffs, or policies affecting our business, such as government policies supporting lower carbon and new market

investment opportunities, the punitive European taxes on the oil and gas sector and unequal support for different technological

methods of emissions reduction or evolving, ambiguous and unharmonized voluntary or mandatory standards or extraterritorial

laws and regulations imposed by various jurisdictions related to sustainability and greenhouse gas reporting; timely granting of

governmental permits, licenses, and certifications; uncertain impacts of deregulation on the legal and regulatory environment;

price impacts and the broader government responses to inflationary pressures; changes in interest and exchange rates; variable

impacts of trading activities and derivative positions, including timing effects, on our margins and results each quarter; actions

of co-venturers or partners, competitors and commercial counterparties, including suppliers and customers; government actions

in pursuit of national energy and security policies and priorities affecting our business; the outcome of commercial negotiations,

including final agreed terms and conditions; the outcome of competitive bidding and project awards; the ability to access debt

markets on favorable terms or at all; the occurrence, pace, rate of recovery and effects of public health crises; adoption of

regulatory incentives consistent with law; reservoir performance and optimization, including variability and timing factors

applicable to unconventional resources, the success of new unconventional technologies, and the ability of new technologies to

improve recovery relative to competitors; the level, outcome, and timing of exploration and development projects and decisions

to invest in future reserves and resources; timely completion of construction projects and commencement of start-up operations,

including reliance on third-party suppliers and service providers; final management approval of future projects and any changes

in the scope, terms, costs or assumptions of such projects as approved; the actions of governments, non-governmental

organizations, or other actors against our core business activities and acquisitions, divestitures or financing opportunities; war,

civil unrest, armed hostilities, attacks against the company or industry, and other geopolitical or security disturbances, including

disruption of land or sea transportation routes or distribution or shipping channels; decoupling of economies; disruption,

realignment, or breaking of current or historical trade or military alliances or global trade and supply chain networks; escalating

geopolitical volatility, including regime changes; expropriations, seizure, or capacity, insurance, shipping, import or export

limitations imposed directly or indirectly by governments or laws; opportunities for potential acquisitions, investments or

divestments and satisfaction of applicable conditions to closing, including timely regulatory approvals; the capture of

efficiencies within and between business lines and the ability to maintain near-term cost reductions as ongoing efficiencies

without impairing our competitive positioning; unforeseen technical or operating disruptions or difficulties and unplanned

maintenance; the development and competitiveness of alternative energy and emission reduction technologies; consumer

preferences including willingness and ability to pay for reduced emission products; the results of research programs and the

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ability to bring new technologies to commercial scale on a cost-competitive basis; and other factors discussed under "Item 1A.

Risk Factors" of ExxonMobil's 2025 Form 10-K.

Forward-looking and other statements regarding environmental and other sustainability efforts and aspirations are not an

indication that these statements are material to investors or require disclosure in our filing with the SEC or any other regulatory

authority. In addition, historical, current, and forward-looking environmental and other sustainability-related statements may be

based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and

assumptions that are subject to change in the future, including future rule-making.

Actions needed to advance ExxonMobil's 2030 greenhouse gas emission-reductions plans are incorporated into its medium

term business plans, which are updated annually. The reference case for planning beyond 2030 is based on ExxonMobil's

Global Outlook (Outlook) research and publication. The Outlook is reflective of the existing global policy environment and an

assumption of increasing policy stringency and technology improvement to 2050. Current trends for policy stringency and

development of lower-emission solutions are not yet on a pathway to achieve net-zero by 2050. As such, the Outlook does not

project the degree of required future policy and technology advancement and deployment for the world, or ExxonMobil, to

meet net zero by 2050. As future policies and technology advancements emerge, they will be incorporated into the Outlook, and

ExxonMobil's business plans will be updated accordingly. References to projects or opportunities may not reflect investment

decisions made by ExxonMobil or its affiliates. Individual projects or opportunities may advance based on a number of factors,

including availability of stable and supportive policy, permitting, technological advancement for cost-effective abatement,

insights from the Corporate planning process, and alignment with our partners and other stakeholders. Capital investment

guidance in lower-emission investments is based on our Corporate plan; however, actual investment levels will be subject to the

availability of the opportunity set and public policy support, and focused on returns.

The term "project" as used in this report can refer to a variety of different activities and does not necessarily have the same

meaning as in any government payment transparency reports.

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**Overview**

Supply disruptions driven by geopolitical events in the Middle East impacted market conditions during the first quarter of 2026.

March experienced the largest ever monthly gain in oil prices driven by reduced global oil supply. Despite a sharp increase in

March, first quarter 2026 average crude oil prices increased slightly relative to fourth quarter 2025, remaining in the middle of

the 10-year historical range (2010-2019). Significant LNG supply decline in March resulted in higher prices in Europe and

Asia, driving natural gas prices above the 10-year average. Feedstock shortages resulted in lower refinery runs in the Middle

East and Asia with global industry refining margins remaining above the 10-year historical range. Chemical margins remained

at bottom of cycle, well below the 10-year range, because of higher feedstock costs, particularly in Asia.

During 2025, the U.S. and other countries implemented and adjusted a variety of trade-related measures, including tariffs on

certain imports. Based on the Corporation's assessment of these actions and their effects to date, we do not expect them to have

a material impact on the Corporation's consolidated financial position, results of operations, or cash flows.

**Selected Earnings Driver Definitions**

The earnings drivers provide additional visibility into our business results. The Corporation evaluates these drivers periodically

to determine if any enhancements may provide helpful insights to the market. Listed below are descriptions of the earnings

drivers:

*Advantaged Volume Growth.* Represents earnings impacts from change in volume/mix from advantaged assets, advantaged

projects, and high-value products.

• *Advantaged Assets (Advantaged growth projects).* Includes Permian, Guyana, and LNG.

*•Advantaged Projects.* Includes capital projects and programs of work that contribute to Energy, Chemical, and/or

Specialty Products segments that drive integration of segments/businesses, increase yield of higher value products, or

deliver higher than average returns.

*•High-Value Products.* Includes performance products and lower-emission fuels. Performance products (performance

chemicals, performance lubricants) refers to products that provide differentiated performance for multiple applications

through enhanced properties versus commodity alternatives and bring significant additional value to customers and

end-users. Lower-emission fuels refers to fuels with lower life cycle emissions than conventional transportation fuels

for gasoline, diesel and jet transport.

*Base Volume.* Represents all volume/mix drivers not included in Advantaged Volume Growth defined above.

*Structural Cost Savings.* Represents after-tax earnings effects of Structural Cost Savings as defined on [page 19](#i3fa947d5ca3846dca30fa994179f4ef9_88), including cash

operating expenses related to divestments.

*Expenses.* Represents all expenses otherwise not included in other earnings drivers.

*Estimated Timing Effects.* Represents timing effects that are primarily related to unsettled derivatives which are required to be

marked to current period-end prices (mark-to-market), where the associated physical shipments are not reflected in earnings

until the physical transaction is complete. It also includes estimated recognition differences between the settlement of

derivatives and their offsetting physical commodity realizations (due to LIFO inventory accounting). Impacts are expected to

unwind in subsequent periods.

*Identified Items.* Represents individually significant non-operational events with, typically, an absolute corporate total earnings

impact of at least $250 million in a given quarter. The impact of an Identified Item for an individual segment may be less than

$250 million when the item impacts several segments or several periods.

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**Cash Capital Expenditures** (Non-GAAP)

Cash capital expenditures (Cash Capex) is the sum of "Additions to property, plant and equipment", "Additional investments

and advances", and "Other investing activities including collection of advances", reduced by "Inflows from noncontrolling

interests for major projects", each from the Consolidated Statement of Cash Flows, and excludes advances and collections not

related to capital expenditures or equity investments, for example, supply and marketing related advances and associated

collections. This measure is useful for investors to understand the current period cash impact of investments in the business.

---

| | | |
|:---|:---|:---|
| *(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| Additions to property, plant and equipment | 6470 | 5898 |
| Additional investments and advances | 387 | 153 |
| Other investing activities including collection of advances | (632) | (93) |
| Inflows from noncontrolling interests for major projects |  | (22) |
| Less: Advances and collections not related to capital expenditures or equity investments | (38) | **—** |
| **Total Cash Capex** (Non-GAAP) | **6187** | **5936** |
| Upstream | 4812 | 4993 |
| Energy Products | 998 | 378 |
| Chemical Products | 182 | 291 |
| Specialty Products | 55 | 110 |
| Other | 140 | 164 |
| **Total Cash Capex** (Non-GAAP) | **6187** | **5936** |

---

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**Structural Cost Savings** (Non-GAAP)

Structural Cost Savings describes decreases in cash opex excluding energy and production taxes as a result of operational

efficiencies, workforce reductions, divestment-related reductions, and other cost-savings measures that are expected to be

sustainable compared to 2019 levels. Relative to 2019, estimated cumulative Structural Cost Savings totaled $15.6 billion,

which included an additional $0.6 billion in the first three months of 2026. The total change between periods in expenses below

will reflect both Structural Cost Savings and other changes in spend, including market factors, such as inflation and foreign

exchange impacts, as well as changes in activity levels and costs associated with new operations, mergers and acquisitions, new

business venture development, and early-stage projects. Structural Cost Savings from new operations, mergers and acquisitions,

and new business venture developments are included in the cumulative Structural Cost Savings. Estimates of cumulative annual

structural savings may be revised depending on whether cost reductions realized in prior periods are determined to be

sustainable compared to 2019 levels. Structural Cost Savings are stewarded internally to support management's oversight of

spending over time. This measure is useful for investors to understand the Corporation's efforts to optimize spending through

disciplined expense management.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| *Dollars in billions (unless otherwise noted)* | Twelve Months<br>Ended December 31, | Twelve Months<br>Ended December 31, | Three Months Ended<br>March 31, | Three Months Ended<br>March 31, |  |
| *Dollars in billions (unless otherwise noted)* | 2019 | 2025 | 2025 | 2026 |  |
| **Components of Operating Costs** |  |  |  |  |  |
| **From ExxonMobil's Consolidated Statement of Income**<br>**(U.S. GAAP)**<br>|  |  |  |  |  |
| Production and manufacturing expenses | 36.8 | 42.4 | 10.1 | 10.7 |  |
| Selling, general and administrative expenses | 11.4 | 11.1 | 2.5 | 2.7 |  |
| Depreciation and depletion (includes impairments) | 19.0 | 26.0 | 5.7 | 6.8 |  |
| Exploration expenses, including dry holes | 1.3 | 1.0 | 0.1 | 0.1 |  |
| Non-service pension and postretirement benefit expense | 1.2 | 0.4 | 0.1 | 0.1 |  |
| **Subtotal** | **69.7** | **81.0** | **18.5** | **20.3** |  |
| ExxonMobil's share of equity company expenses (Non-GAAP) | 9.1 | 10.6 | 2.6 | 2.3 |  |
| **Total Adjusted Operating Costs** (Non-GAAP) | **78.8** | **91.6** | **21.1** | **22.6** |  |
| **Total Adjusted Operating Costs** (Non-GAAP) | **78.8** | **91.6** | **21.1** | **22.6** |  |
| Less: |  |  |  |  |  |
| Depreciation and depletion (includes impairments) | 19.0 | 26.0 | 5.7 | 6.8 |  |
| Non-service pension and postretirement benefit expense | 1.2 | 0.4 | 0.1 | 0.1 |  |
| Other adjustments (includes equity company depreciation <br>and depletion)<br>| 3.6 | 6.2 | 1.3 | 1.3 |  |
| **Total Cash Operating Expenses (Cash Opex)** (Non-GAAP) | **55.0** | **59.0** | **14.1** | **14.5** |  |
| Energy and production taxes (Non-GAAP) | 11.0 | 14.9 | 3.9 | 3.7 |  |
| **Total Cash Operating Expenses (Cash Opex) excluding Energy** <br>**and Production Taxes** (Non-GAAP)<br>| **44.0** | **44.1** | **10.2** | **10.8** |  |
|  |  | Change<br> vs <br>2019<br>|  | Change <br>vs <br>2025<br>| Estimated <br>Cumulative vs <br>2019<br>|
| **Total Cash Operating Expenses (Cash Opex) excluding Energy** <br>**and Production Taxes** (Non-GAAP)<br>|  | 0.1 |  | 0.6 |  |
| Market |  | +4.9 |  | +0.5 |  |
| Activity / Other |  | +10.3 |  | +0.6 |  |
| **Structural Cost Savings** |  | **-15.1** |  | **-0.6** | **-15.6** |

---

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**REVIEW OF FIRST QUARTER 2026 RESULTS**

ExxonMobil's first quarter 2026 earnings were $4.2 billion, compared to $7.7 billion a year earlier. The decrease in earnings

was mainly driven by unfavorable mark-to-market effects, higher expenses related to depreciation and Middle East volume

impacts; partly offset by higher prices and margins, increased volumes from advantaged Upstream investments in Guyana and

the Permian and structural cost savings. Cash capital expenditures were $6.2 billion, up $0.3 billion from first quarter 2025.

**UPSTREAM**

---

| | | |
|:---|:---|:---|
| **Upstream Financial Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Earnings (loss) (U.S. GAAP)** |  |  |
| United States | 1574 | 1870 |
| Non-U.S. | 4163 | 4886 |
| **Total** | **5737** | **6756** |

---

**Upstream First Quarter Earnings Driver Analysis** *(millions of dollars)*<br>

![7](xom-20260331_g2.gif)

Price – Decreased earnings by $280 million, on lower gas realizations, partially offset by higher crude realizations.

Advantaged Volume Growth – Increased earnings by $610 million, mainly driven by record Guyana production, partially offset

by Middle East disruption impacts.

Base Volume – Decreased earnings by $380 million, from divestments and Kazakhstan downtime.

Structural Cost Savings – Increased earnings by $170 million.

Expenses – Decreased earnings by $650 million due to higher depreciation.

Other – Increased earnings by $200 million, primarily driven by one-time tax items.

Estimated Timing Effects – Decreased earnings by $690 million, mainly from unfavorable derivatives mark-to-market impacts

to be reversed over time.

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---

| | | |
|:---|:---|:---|
| **Upstream Operational Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| | **2026** | **2025** |
| **Net production of crude oil, natural gas liquids, bitumen and synthetic oil** <br>*(thousands of barrels daily)*<br>|  |  |
| United States | 1586 | 1418 |
| Canada/Other Americas | 936 | 760 |
| Europe | 3 | 4 |
| Africa | 138 | 137 |
| Asia | 611 | 796 |
| Australia/Oceania | 23 | 24 |
| **Worldwide** | **3297** | **3139** |
| **Net natural gas production available for sale** <br>*(millions of cubic feet daily)*<br>|  |  |
| United States | 3589 | 3266 |
| Canada/Other Americas | 28 | 42 |
| Europe | 313 | 331 |
| Africa | 114 | 118 |
| Asia | 2500 | 3457 |
| Australia/Oceania | 1236 | 1256 |
| **Worldwide** | **7779** | **8470** |
| **Oil-equivalent production** <sup>(1)</sup> | 4594 | 4551 |
| *(thousands of oil-equivalent barrels daily)* | 4594 | 4551 |
| <sup>(1)</sup> *Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels.* |  |  |

---

---

| | |
|:---|:---|
| **Upstream Additional Information**<br>*(thousands of barrels daily)*<br>| **Three Months Ended**<br>**March 31,**<br>|
| **Volumes reconciliation (Oil-equivalent production)** <sup>(1)</sup> |  |
| **2025** | **4551** |
| Entitlements - Net Interest | (27) |
| Entitlements - Price / Spend / Other | (7) |
| Government Mandates | (4) |
| Divestments | (71) |
| Growth / Other | 152 |
| **2026** | **4594** |
| <sup>(1)</sup> *Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels.* | <sup>(1)</sup> *Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels.* |

---

---

| | |
|:---|:---|
| **1Q 2026**<br>**versus**<br>**1Q 2025**<br>| 1Q 2026 production of 4.6 million oil-equivalent barrels per day increased 43 thousand oil-<br>equivalent barrels per day from 1Q 2025, driven by Permian and Guyana growth, partially offset <br>by Middle East disruptions and Kazakhstan downtime. |

---

Listed below are descriptions of ExxonMobil's volumes reconciliation drivers which are provided to facilitate understanding of

the terms.

*Entitlements - Net Interest* are changes to ExxonMobil's share of production volumes caused by non-operational changes to

volume-determining drivers. These drivers consist of net interest changes specified in Production Sharing Contracts (PSCs),

which typically occur when cumulative investment returns or production volumes achieve defined thresholds, changes in equity

upon achieving pay-out in partner investment carry situations, equity redeterminations as specified in venture agreements, or as

a result of the termination or expiry of a concession. Once a net interest change has occurred, it typically will not be reversed by

subsequent events, such as lower crude oil prices.

*Entitlements - Price / Spend / Other* are changes to ExxonMobil's share of production volumes resulting from temporary

changes to non-operational volume-determining drivers. These drivers include changes in oil and gas prices or spending levels

from one period to another. According to the terms of contractual arrangements or government royalty regimes, price or

spending variability can increase or decrease royalty burdens and/or volumes attributable to ExxonMobil. For example, at

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higher prices, fewer barrels are required for ExxonMobil to recover its costs. These effects generally vary from period to period

with field spending patterns or market prices for oil and natural gas. Such drivers can also include other temporary changes in

net interest as dictated by specific provisions in production agreements.

*Government Mandates* are changes to ExxonMobil's sustainable production levels as a result of production limits or sanctions

imposed by governments.

*Divestments* are reductions in ExxonMobil's production arising from commercial arrangements to fully or partially reduce

equity in a field or asset in exchange for financial or other economic consideration.

*Growth and Other* comprise all other operational and non-operational drivers not covered by the above definitions that may

affect volumes attributable to ExxonMobil. Such drivers include, but are not limited to, production enhancements from project

and work program activities, acquisitions including additions from asset exchanges, downtime, market demand, natural field

decline, and any fiscal or commercial terms that do not affect entitlements.

**ENERGY PRODUCTS**

---

| | | |
|:---|:---|:---|
| **Energy Products Financial Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Earnings (loss) (U.S. GAAP)** |  |  |
| United States | 661 | 297 |
| Non-U.S. | (1923) | 530 |
| **Total** | **(1262)** | **827** |

---

**Energy Products First Quarter Earnings Driver Analysis** *(millions of dollars)*<br>

![6](xom-20260331_g3.gif)

Margin – Increased earnings by $2,420 million, including strong results from trading and optimization.

Advantaged Volume Growth – Increased earnings by $150 million.

Base Volume – Decreased earnings by $260 million, mainly driven by Middle East supply disruptions.

Structural Cost Savings – Increased earnings by $160 million.

Expenses – Decreased earnings by $250 million, driven by scheduled maintenance and growth projects.

Other – Decreased earnings by $270 million, driven by unfavorable foreign exchange rate effects.

Estimated Timing Effects – Decreased earnings by $3,330 million, on unfavorable derivative mark-to-market impacts.

Identified Items – 1Q26 $(706) million loss due to supply disruptions in the Middle East preventing physical shipments

associated with hedges.

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---

| | | |
|:---|:---|:---|
| **Energy Products Operational Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(thousands of barrels daily)* | **2026** | **2025** |
| **Refinery throughput** |  |  |
| United States | 1795 | 1789 |
| Canada | 384 | 397 |
| Europe | 733 | 986 |
| Asia Pacific | 386 | 447 |
| Other | 195 | 191 |
| **Worldwide** | **3494** | **3810** |
| **Energy Products sales**<sup>(1)</sup> |  |  |
| United States | 3214 | 2728 |
| Non-U.S. | 2416 | 2555 |
| **Worldwide** | **5630** | **5283** |
| Gasoline, naphthas | 2214 | 2162 |
| Heating oils, kerosene, diesel | 1672 | 1724 |
| Aviation fuels | 399 | 366 |
| Heavy fuels | 187 | 158 |
| Other energy products | 1158 | 873 |
| **Worldwide** | **5630** | **5283** |
| <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* | <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* | <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* |

---

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**CHEMICAL PRODUCTS**

---

| | | |
|:---|:---|:---|
| **Chemical Products Financial Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Earnings (loss) (U.S. GAAP)** |  |  |
| United States | 319 | 255 |
| Non-U.S. | (209) | 18 |
| **Total** | **110** | **273** |

---

**Chemical Products First Quarter Earnings Driver Analysis** *(millions of dollars)*<br>

![6](xom-20260331_g4.gif)

Margin – Compressed margins decreased earnings by $340 million on lower realizations and increased feed costs.

Advantaged Volume Growth – Increased earnings by $50 million.

Base Volume – Increased earnings by $90 million.

Structural Cost Savings – Increased earnings by $70 million.

Expenses – Decreased earnings by $40 million.

Other – Increased earnings by $10 million.

---

| | | |
|:---|:---|:---|
| **Chemical Products Operational Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(thousands of metric tons)* | **2026** | **2025** |
| **Chemical Products sales** <sup>(1)</sup> |  |  |
| United States | 1904 | 1706 |
| Non-U.S. | 3455 | 3070 |
| **Worldwide** | **5358** | **4776** |
| <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* | <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* | <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* |

---

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**SPECIALTY PRODUCTS**

---

| | | |
|:---|:---|:---|
| **Specialty Products Financial Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Earnings (loss) (U.S. GAAP)** |  |  |
| United States | 274 | 322 |
| Non-U.S. | 377 | 333 |
| **Total** | **651** | **655** |

---

**Specialty Products First Quarter Earnings Driver Analysis** *(millions of dollars)*<br>

![6](xom-20260331_g5.gif)

Margin – Compressed margins decreased earnings by $110 million on increased feed costs.

Advantaged Volume – Increased earnings by $40 million.

Base Volume – Decreased earnings by $10 million.

Structural Cost Savings – Increased earnings by $40 million.

Expenses – Increased earnings by $10 million.

Other – Increased earnings by $30 million.

---

| | | |
|:---|:---|:---|
| **Specialty Products Operational Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(thousands of metric tons)* | **2026** | **2025** |
| **Specialty Products sales** <sup>(1)</sup> |  |  |
| United States | 536 | 473 |
| Non-U.S. | 1439 | 1463 |
| **Worldwide** | **1976** | **1936** |
| <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* | <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* | <sup>(1)</sup> *Data reported net of purchases/sales contracts with the same counterparty.* |

---

**CORPORATE AND FINANCING**

---

| | | |
|:---|:---|:---|
| **Corporate and Financing Financial Results** | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Earnings (loss) (U.S. GAAP)** | (1053) | (798) |

---

Corporate and Financing expenses were $1,053 million for the first quarter of 2026, $255 million higher than the first quarter of

2025, due to lower interest income and the absence of favorable tax items.

![](xom-20260331_g6.gif)

<sup>(1)</sup> *Net debt is total debt of $47.7 billion less $8.4 billion of cash and cash equivalents excluding restricted cash . Net debt to capital ratio is net debt divided by* 

*net debt plus total equity of $261.0 billion. Total debt is the sum of notes and loans payable and long-term debt, as reported in the Consolidated Balance Sheet.*

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**LIQUIDITY AND CAPITAL RESOURCES**

---

| | | |
|:---|:---|:---|
| *(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| **Net cash provided by/(used in)** |  |  |
| Operating activities | 8705 | 12953 |
| Investing activities | (6006) | (4135) |
| Financing activities | (4900) | (13579) |
| Effect of exchange rate changes | (45) | 86 |
| **Increase/(decrease) in cash and cash equivalents** | **(2246)** | **(4675)** |
| **Cash and cash equivalents (at end of period)** | 8435 | 18512 |
| **Cash flow from operations and asset sales** |  |  |
| **Net cash provided by operating activities (U.S. GAAP)** | 8705 | 12953 |
| Proceeds associated with sales of subsidiaries, property, plant & equipment, and sales and returns <br>of investments<br>| 219 | 1823 |
| **Cash flow from operations and asset sales** (Non-GAAP) | **8924** | **14776** |
| *Because of the ongoing nature of our asset management and divestment program, we believe it is useful for investors to consider proceeds* <br>*associated with asset sales together with cash provided by operating activities when evaluating cash available for investment in the business* <br>*and financing activities, including shareholder distributions.* | *Because of the ongoing nature of our asset management and divestment program, we believe it is useful for investors to consider proceeds* <br>*associated with asset sales together with cash provided by operating activities when evaluating cash available for investment in the business* <br>*and financing activities, including shareholder distributions.* | *Because of the ongoing nature of our asset management and divestment program, we believe it is useful for investors to consider proceeds* <br>*associated with asset sales together with cash provided by operating activities when evaluating cash available for investment in the business* <br>*and financing activities, including shareholder distributions.* |

---

Cash flow from operations and asset sales in the first quarter of 2026 was $8.9 billion, a decrease of $5.9 billion from the

comparable 2025 period.

Cash provided by operating activities totaled $8.7 billion for the first three months of 2026, $4.2 billion lower than 2025. Net

income including noncontrolling interests was $4.5 billion, a decrease of $3.6 billion from the prior year period. The adjustment

for the noncash provision of $6.8 billion for depreciation and depletion was up $1.1 billion from 2025. Changes in operational

working capital were a reduction of $1.8 billion during the period. All other items net decreased cash flows by $0.8 billion in

2026 versus an increase of $0.1 billion in 2025. See the Condensed Consolidated Statement of Cash Flows for additional

details.

Investing activities for the first three months of 2026 used net cash of $6.0 billion, an increase of $1.9 billion compared to the

prior year. Spending for additions to property, plant and equipment of $6.5 billion was $0.6 billion higher than 2025. Proceeds

from asset sales were $0.2 billion, a decrease of $1.6 billion compared to the prior year. Net investments and advances

decreased $0.3 billion from $0.1 billion in 2025.

Net cash used in financing activities was $4.9 billion in the first three months of 2026, including $4.9 billion for the purchase of

33.6 million shares of ExxonMobil stock, as part of the previously announced buyback program. This compares to net cash

used in financing activities of $13.6 billion in the prior year. Total debt at the end of the first quarter of 2026 was $47.7 billion

compared to $43.5 billion at year-end 2025. The Corporation's debt to total capital ratio was 15.4 percent at the end of the first

quarter of 2026 compared to 14.0 percent at year-end 2025. The net debt to capital ratio <sup>(1)</sup> was 13.1 percent at the end of the

first quarter, an increase of 2.1 percentage points from year-end 2025. The Corporation's capital allocation priorities are

investing in competitively advantaged, high-return projects, maintaining a strong balance sheet, and sharing our success with

our shareholders through more consistent share repurchases and a growing dividend. The Corporation distributed a total of $4.3

billion to shareholders in the first three months of 2026 through dividends.

The Corporation has access to significant capacity of long-term and short-term liquidity. Internally generated funds are

expected to cover the majority of financial requirements, supplemented by long-term and short-term debt. Commercial paper is

used to balance short-term liquidity requirements and is reflected in "Notes and loans payable" on the Consolidated Balance

Sheet, with changes in outstanding commercial paper between periods included in the Consolidated Statement of Cash Flows.

The Corporation had undrawn short-term committed lines of credit of $7.3 billion and undrawn long-term committed lines of

credit of $0.3 billion as of the end of first quarter 2026.

The Corporation's financial strength enables it to make large, long-term capital expenditures. Cash capex in the first quarter of

2026 was $6.2 billion, up $0.3 billion from the first quarter of 2025. The Corporation plans to invest in the range of $27 billion

to $29 billion in 2026. Actual spending could vary depending on the progress of individual projects.

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The Corporation, as part of its ongoing asset management program, continues to evaluate its mix of assets for potential upgrade.

Because of the ongoing nature of this program, dispositions will continue to be made from time to time which will result in

either gains or losses. Additionally, the Corporation continues to evaluate opportunities to enhance its business portfolio

through acquisitions of assets or companies, and enters into such transactions from time to time. Key criteria for evaluating

acquisitions include strategic fit, cost synergies, potential for future growth, low cost of supply, and attractive valuations.

Acquisitions may be made with cash, shares of the Corporation's common stock, or both.

Litigation and other contingencies are discussed in [Note 7](#i3fa947d5ca3846dca30fa994179f4ef9_46) to the unaudited Condensed Consolidated Financial Statements.

**TAXES**

---

| | | |
|:---|:---|:---|
| *(millions of dollars)* | **Three Months Ended**<br>**March 31,** | **Three Months Ended**<br>**March 31,** |
| *(millions of dollars)* | **2026** | **2025** |
| Income taxes | 2495 | 3567 |
| *Effective income tax rate* | *40%* | *34%* |
| Total other taxes and duties <sup>(1)</sup> | 6775 | 7066 |
| **Total** | **9270** | **10633** |
| <sup>(1)</sup> *Includes "Other taxes and duties" plus taxes that are included in "Production and manufacturing expenses" and "Selling, general and* <br>*administrative expenses", each from the Consolidated Statement of Income.* | <sup>(1)</sup> *Includes "Other taxes and duties" plus taxes that are included in "Production and manufacturing expenses" and "Selling, general and* <br>*administrative expenses", each from the Consolidated Statement of Income.* | <sup>(1)</sup> *Includes "Other taxes and duties" plus taxes that are included in "Production and manufacturing expenses" and "Selling, general and* <br>*administrative expenses", each from the Consolidated Statement of Income.* |

---

Total taxes were $9.3 billion for the first quarter of 2026, a decrease of $1.4 billion from 2025. Income tax expense was $2.5

billion compared to $3.6 billion in the prior year. The effective income tax rate, which is calculated based on consolidated

company income taxes and ExxonMobil's share of equity company income taxes, was 40 percent, 6 percent higher than the

prior year period driven by portfolio mix effects impacted by derivative mark-to-market losses. Total other taxes and duties

decreased by $0.3 billion to $6.8 billion.

**ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

Information about market risks for the three months ended March 31, 2026, does not differ materially from that discussed under

Item 7A of the registrant's Annual Report on Form 10-K for 2025.

**ITEM 4. CONTROLS AND PROCEDURES**

As indicated in the certifications in Exhibit 31 of this report, the Corporation's Chief Executive Officer, Chief Financial Officer,

and Principal Accounting Officer have evaluated the Corporation's disclosure controls and procedures as of March 31, 2026.

Based on that evaluation, these officers have concluded that the Corporation's disclosure controls and procedures are effective

in ensuring that information required to be disclosed by the Corporation in the reports that it files or submits under the

Securities Exchange Act of 1934, as amended, is accumulated and communicated to them in a manner that allows for timely

decisions regarding required disclosures and are effective in ensuring that such information is recorded, processed, summarized,

and reported within the time periods specified in the Securities and Exchange Commission's rules and forms. There were no

changes during the Corporation's last fiscal quarter that materially affected, or are reasonably likely to materially affect, the

Corporation's internal control over financial reporting.

[**Table of Contents**](#i3fa947d5ca3846dca30fa994179f4ef9_7)

**PART II. OTHER INFORMATION**

**ITEM 1. LEGAL PROCEEDINGS**

ExxonMobil has elected to use a $1 million threshold for disclosing environmental proceedings.

Refer to the relevant portions of [Note 7](#i3fa947d5ca3846dca30fa994179f4ef9_46) of this Quarterly Report on Form 10-Q for further information on legal proceedings.

**ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issuer Purchases of Equity Securities for Quarter Ended March 31, 2026** | **Issuer Purchases of Equity Securities for Quarter Ended March 31, 2026** | **Issuer Purchases of Equity Securities for Quarter Ended March 31, 2026** | **Issuer Purchases of Equity Securities for Quarter Ended March 31, 2026** | **Issuer Purchases of Equity Securities for Quarter Ended March 31, 2026** |
| | **Total Number**<br>**of Shares** <br>**Purchased** <sup>(1)</sup><br>| **Average**<br>**Price Paid**<br>**per Share** <sup>(2)</sup><br>| **Total Number of Shares** <br>**Purchased as Part of** <br>**Publicly Announced** <br>**Plans or Programs** <sup>(3)</sup><br>| **Approximate Dollar** <br>**Value of Shares that** <br>**May Yet Be Purchased** <br>**Under the Program** <br>**(Billions of dollars)** <sup>(4)</sup><br>|
| January 2026 | 12345353 | $129.43 | 12312718 | $18.4 |
| February 2026 | 10206464 | $148.60 | 10189486 | $16.9 |
| March 2026 | 11101977 | $157.95 | 11099689 | $15.1 |
| **Total** | **33653794** | **$144.65** | **33601893** |  |
| <sup>(1)</sup> *Includes shares withheld from participants in the Corporation's incentive program for personal income taxes.* | <sup>(1)</sup> *Includes shares withheld from participants in the Corporation's incentive program for personal income taxes.* | <sup>(1)</sup> *Includes shares withheld from participants in the Corporation's incentive program for personal income taxes.* | <sup>(1)</sup> *Includes shares withheld from participants in the Corporation's incentive program for personal income taxes.* | <sup>(1)</sup> *Includes shares withheld from participants in the Corporation's incentive program for personal income taxes.* |
| <sup>(2)</sup> *Excludes 1% U.S. excise tax on stock repurchases.* | <sup>(2)</sup> *Excludes 1% U.S. excise tax on stock repurchases.* | <sup>(2)</sup> *Excludes 1% U.S. excise tax on stock repurchases.* | <sup>(2)</sup> *Excludes 1% U.S. excise tax on stock repurchases.* | <sup>(2)</sup> *Excludes 1% U.S. excise tax on stock repurchases.* |
| <sup>(3)</sup> *Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.* | <sup>(3)</sup> *Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.* | <sup>(3)</sup> *Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.* | <sup>(3)</sup> *Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.* | <sup>(3)</sup> *Purchases were made under terms intended to qualify for exemption under Rules 10b-18 and 10b5-1.* |
| <sup>(4)</sup> *The Corporation continued its share repurchase program, originally initiated in 2022. In its 2025 Corporate Plan Update released* <br>*December 9, 2025, the Corporation stated that it expects share repurchases of $20 billion in 2026, assuming reasonable market conditions.* | <sup>(4)</sup> *The Corporation continued its share repurchase program, originally initiated in 2022. In its 2025 Corporate Plan Update released* <br>*December 9, 2025, the Corporation stated that it expects share repurchases of $20 billion in 2026, assuming reasonable market conditions.* | <sup>(4)</sup> *The Corporation continued its share repurchase program, originally initiated in 2022. In its 2025 Corporate Plan Update released* <br>*December 9, 2025, the Corporation stated that it expects share repurchases of $20 billion in 2026, assuming reasonable market conditions.* | <sup>(4)</sup> *The Corporation continued its share repurchase program, originally initiated in 2022. In its 2025 Corporate Plan Update released* <br>*December 9, 2025, the Corporation stated that it expects share repurchases of $20 billion in 2026, assuming reasonable market conditions.* | <sup>(4)</sup> *The Corporation continued its share repurchase program, originally initiated in 2022. In its 2025 Corporate Plan Update released* <br>*December 9, 2025, the Corporation stated that it expects share repurchases of $20 billion in 2026, assuming reasonable market conditions.* |

---

During the first quarter, the Corporation did not issue or sell any unregistered equity securities.

**ITEM 5. OTHER INFORMATION**

During the three months ended March 31, 2026, none of the Corporation's directors or officers adopted or terminated a "Rule

10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation

S-K.

**ITEM 6. EXHIBITS**

---

| | |
|:---|:---|
| **Exhibit** | **Description** |
| [10(iii)(c.2)](xomexhibit10iiic233126.htm) | ExxonMobil Supplemental Pension Plan.*\** |
| [10(iii)(c.3)](xomexhibit10iiic333126.htm) | ExxonMobil Additional Payments Plan.*\** |
| [31.1](exhibit31103312026.htm) *\*\** | Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Executive Officer. |
| [31.2](exhibit31203312026.htm) *\*\** | Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Chief Financial Officer. |
| [31.3](exhibit31303312026.htm) *\*\** | Certification (pursuant to Securities Exchange Act Rule 13a-14(a)) by Principal Accounting Officer. |
| [32.1](exhibit32103312026.htm) *\*\*\** | Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Executive Officer. |
| [32.2](exhibit32203312026.htm) *\*\*\** | Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Chief Financial Officer. |
| [32.3](exhibit32303312026.htm) *\*\*\** | Section 1350 Certification (pursuant to Sarbanes-Oxley Section 906) by Principal Accounting Officer. |
| 101 *\*\** | Interactive Data Files (formatted as Inline XBRL). |
| 104 *\*\** | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
| *\* Management contract or compensatory plan or arrangement.* | *\* Management contract or compensatory plan or arrangement.* |
| *\*\* Filed herewith.* | *\*\* Filed herewith.* |
| *\*\*\* Furnished herewith.* | *\*\*\* Furnished herewith.* |

---

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on

its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **EXXON MOBIL CORPORATION** | **EXXON MOBIL CORPORATION** |
| Date: May 4, 2026 | By: | /s/ LEN M. FOX |
|  |  | Len M. Fox |
|  |  | Vice President, Controller and Tax<br>(Principal Accounting Officer)<br>|

---

## Ex-10.(Iii)(C2)

**EXHIBIT 10(iii)(c.2)**

EXXONMOBIL SUPPLEMENTAL PENSION PLAN

1. <u>Purpose</u>

The purpose of this Plan is to provide payments of equivalent value from the general assets of Exxon

Mobil Corporation ("Corporation") to those participants in the ExxonMobil Pension Plan ("Pension

Plan") who, because of the application of United States Internal Revenue Code ("Code") sections 415

and 401(a)(17), are precluded from receiving from Pension Plan funded assets all the payments to

which they would otherwise be entitled under the Pension Plan's formula.

2. <u>Benefits</u>

2.1 <u>Eligibility</u>

A person is eligible to receive benefits under this Plan only if any one of the following

requirements is met with respect to the person:

(A) The person becomes a retiree pursuant to section 4.1(A) (relating to age, service and

LTD-eligibility requirements) or section 4.1(D) (relating to retiree grow-ins in connection with certain

divestments) of the ExxonMobil Common Provisions, or a qualified plans retiree within the meaning of

the ExxonMobil Pension Plan ("Retiree");

(B) the person's employment is terminated in connection with a sale of the assets to a buyer

or the outsourcing of a business operation to an outsourcing company, and the person continues in

employment until the closing date of the sale of assets or outsourcing;

(C) the person receives a severance benefit from the ExxonMobil Special Program of

Severance Allowances, or similar severance program sponsored by the Corporation or an affiliate;

(D) The Plan Administrator determines, in its sole and absolute discretion, that the person is

eligible to receive benefits under this Plan. In this regard, the Plan Administrator may from time to

time adopt eligibility standards or guidelines that may guide the Plan Administrator's eligibility

determinations, and may in its discretion, modify, suspend, supersede, or cancel such standards or

guidelines.

2.2 <u>Benefit Formula</u>

For any participant eligible to receive benefits under this Plan, the value of such benefits is an

amount that when added to the normal form amount that can be paid to the participant from the

Pension Plan produces a sum equal to the total normal form amount to which the participant would be

entitled computed under the Pension Plan formula applicable to that participant disregarding any

reductions, restrictions, or limitations brought about by the application of Code sections 415 and

401(a)(17). Where relevant, this computation is performed after taking into account any entitlement

the participant may have under the Overseas Contributory Annuity Plan. The resulting benefit is

expressed in the form of a monthly five-year-certain and life annuity for the life of the participant

commencing at the participant's age 65 ("Normal Retirement Age").

2.3 <u>Offsets for Other Pension Benefits</u>

A person's benefit determined under section 2.2 shall be offset, but not below zero, by any

benefit payable to the person under

(A) an offsetting pension that is not qualified under the terms of the U.S. Internal Revenue

Code,

(B) a separation payment offset, or

(C) a non-U.S. governmental pension offset,

as such terms are defined under the Pension Plan. The procedure for determining the

application of the offsets under this section 2.3 shall be determined in the sole and exclusive

discretion of the Plan Administrator.

3. <u>Payment of Benefits</u>

3.1 <u>Timing of Payment</u>

Effective as of January 1, 2023, payment of a person's benefit described in Article 2 above

shall occur as soon as practicable following whichever of the pension commencement dates specified

in paragraphs (A), (B), (C), or (D) below is applicable to the person.

(A) <u>Retirees</u>

Except as provided under paragraph (B) or (D) below, in the case of a Retiree, the

person's pension commencement date is the first of the month next following the person's last day of

employment with ExxonMobil.

(B) <u>Disability Retirees</u>

In the case of a person who retires from ExxonMobil on account of long-term disability

prior to the first of the month in which the person attains age 55, the person's pension

commencement date is the first of the month in which the person attains age 55.

(C) <u>Terminees</u>

Except as provided under paragraph (D) below, in the case of a person who is eligible

for a benefit under Section 2.1(B), (C), or (D) above, the person's pension commencement date is the

first of the month next following three months from the person's last day of employment with

ExxonMobil.

(D) <u>Key Employees</u>

Notwithstanding paragraphs (A) or (C) above, and except as provided in paragraph (B),

in the case of a person who, at the time of his or her termination of employment, has a Classification

Level of 35 or above ("Key Employee"), the person's pension commencement date is the first of the

month next following six months from the person's last day of employment with ExxonMobil.

3.2 <u>Reduction for Early Commencement</u>

If a person's pension commencement date under section 3.1 above is prior to the month in

which the person reaches Normal Retirement Age, the person's benefit described in Article 2 above is

reduced by applying the early commencement factors specified under the Pension Plan for a benefit

commencing at the person's then age.

3.3 <u>Form of Payment</u>

Payment of the benefit described in Article 2 above shall be made in a lump sum that is the

actuarial equivalent of the five-year-certain and life annuity measured as of the person's pension

commencement date specified in Section 3.1 above. For this purpose, actuarial equivalence shall be

determined by the Plan Administrator using the factors and procedures that are used for the

calculation of the lump-sum payment option under the Pension Plan.

3.4 <u>Adjustment for Key Employees</u>

A Key Employee's benefit payable hereunder shall not be less than the amount equal to the

person's benefit calculated as of the pension commencement date that would apply if the person

were not a Key Employee plus interest from such date until the person's actual pension

commencement date. For this purpose, interest shall be credited at a rate equal to the Citibank prime

lending rate in effect on the date the person separates from employment, or, if the person's last day of

employment is on or after November 1, 2022, at the interest rate determined under section

4.4(D)(3)(b)(iii) of Part 1 of the ExxonMobil Pension Plan on the first of the month immediately

following the person's last day of employment, but taking into account only the first segment rate for

this purpose.

4. <u>Death Benefit</u>

4.1 <u>Benefits Payable On Account of Death</u>

(A) <u>In General</u>

In the event a portion of a pension death benefit or a "career annuity subject to deferred

commencement that commences by reason of death" that becomes payable under the terms of the

Pension Plan on account of the death of a participant cannot be paid from the Pension Plan because

of the application of Code sections 415 and 401(a)(17), a lump-sum death benefit of equivalent value

shall be paid to the participant's beneficiary (as determined under section 4.2 below) under this Plan.

For this purpose, equivalent value shall be determined by the Plan Administrator using the factors and

procedures that are used for the calculation of similar benefits under the Pension Plan.

(B) <u>Death Benefit Payable During Post-termination Deferral Period</u>

If a participant who is a Key Employee is entitled to a benefit under Article 2 above on

account of his or her retirement, but dies during the six-month period following the person's

retirement, then the person's benefit to which he or she would otherwise be entitled shall be

immediately payable as a lump-sum death benefit of equivalent value to the participant's beneficiary

(determined under section 4.2 below). For this purpose, equivalent value shall be determined by the

Plan Administrator using the factors and procedures that are used for the calculation of similar

benefits under the Pension Plan.

(C) <u>Excluded Benefits</u>

Neither the Qualified Joint and Survivor Annuity payment option, nor the Surviving

Spouse Annuity benefit, as such are provided for under the Pension Plan, are provided as benefits

under this Plan.

4.2 <u>Designation of Beneficiaries</u>

(A) <u>In General</u>

A person may name one or more designated beneficiaries to receive the benefits

payable under this Plan under section 4.1 above in the event of the person's death. Beneficiary

designations shall be made in accordance with such procedures as the Plan Administrator may

establish. Spousal consent to any designation is not required.

(B) <u>Default Beneficiaries</u>

(1) <u>In General</u>

If no specific designation is in effect, the deceased's beneficiary is the person or

persons in the first of the following classes of successive beneficiaries living at the time of death of

the deceased:

(a) spouse;

(b) children who survive the participant or who die before the participant leaving

children of their own who survive the participant;

(c) parents;

(d) brothers and sisters who survive the participant or who die before the

participant leaving children of their own who survive the participant.

If there are no members of any class of such beneficiaries, payment is made to

the deceased's executors or administrators.

(2) <u>Allocation among Default Beneficiaries</u>

If the same class of beneficiaries under paragraph (1) above contains two or

more persons, they share equally, with further subdivision of such equal shares as next provided. In

class (b), where a child dies before the participant leaving children who survive the participant, such

child's share is subdivided equally among those children. In class (d), where a brother or sister dies

before the participant leaving children who survive the participant, such brother or sister's share is

subdivided equally among those children.

(3) <u>Definitions</u>

For purposes of this section 4.2, "child" means a person's son or daughter by

legitimate blood relationship or legal adoption; "parent" means a person's father or mother by

legitimate blood relationship or legal adoption; "brother" or "sister" means another child of either or

both of one's parents.

5. <u>Miscellaneous</u>

5.1 <u>Administration of Plan</u>

The Plan Administrator shall be the Manager, Compensation, Benefit Plans and Policies,

Human Resources Department, Exxon Mobil Corporation. The Plan Administrator shall have the right

and authority to conclusively interpret this Plan for all purposes, including the determination of any

person's eligibility for benefits hereunder and the resolution of any and all appeals relating to claims

by participants or beneficiaries, with any such interpretation being conclusive for all participants and

beneficiaries.

5.2 <u>Nature of Payments</u>

Payments provided under this Plan are considered general obligations of the Corporation.

5.3 <u>Assignment or Alienation</u>

Except as provided in section 5.5 below, payments provided under this Plan may not be

assigned or otherwise alienated or pledged.

5.4 <u>Amendment or Termination</u>

The Corporation reserves the right to amend or terminate this Plan, in whole or in part,

including the right at any time to reduce or eliminate any accrued benefits hereunder and to alter or

amend the benefit formula set out herein.

5.5 <u>Forfeiture of Benefits</u>

No person shall be entitled to receive payments under this Plan and any payments received

under this Plan shall be forfeited and returned if it is determined by the Corporation in its sole

discretion, acting through its chief executive or such person or committee as the chief executive may

designate, that a person otherwise entitled to a payment under this Plan or who has commenced

receiving payments under this Plan:

(A) engaged in gross misconduct harmful to the Corporation,

(B) committed a criminal violation harmful to the Corporation,

(C) had concealed actions described in paragraph (A) or (B) above which would have

brought about termination from employment thereby making the person ineligible for benefits under

this Plan,

(D) separated from service prior to attaining Normal Retirement Age without having

received from the Corporation or its delegatee prior written approval for such termination, given in the

sole discretion of the Corporation or its delegatee and in the context of recognition that benefits under

this Plan would not be forfeited upon such termination, or

(E) had been terminated for cause.

## Ex-10.(Iii)(C3)

**EXHIBIT 10(iii)(c.3)**

EXXONMOBIL ADDITIONAL PAYMENTS PLAN

1. <u>Purpose</u>

The purpose of this Plan is to provide additional payments from the general assets of

Exxon Mobil Corporation (the "Corporation") to certain persons. The benefits payable

under this Plan consist of two types of pension benefits and a disability benefit. The first

pension benefit is a benefit based upon the person's final average incentive

compensation ("Incentive Pension Benefit"). The second pension benefit restores

certain benefits that are accrued under a pension plan sponsored by a non-U.S. affiliate

of the Corporation but which are not paid ("Overseas Makeup Benefit"). The disability

benefit is based on incentive compensation and is paid in the event of a long-term

disability ("Disability Benefit").

2. <u>Incentive Pension Benefits</u>

2.1 <u>Eligibility</u>

A person is eligible to receive Incentive Pension Benefits only if any one of the

following requirements is met with respect to the person:

(A) the person becomes a retiree within the meaning of the ExxonMobil

Common Provisions ("Retiree");

(B) the person's employment is terminated in connection with a sale of the

assets to a buyer or the outsourcing of a business operation to an outsourcing company,

and the person continues in employment until the closing date of the sale of assets or

outsourcing;

(C) the person receives a severance benefit from the ExxonMobil Special

Program of Severance Allowances, or similar severance program sponsored by the

Corporation or an affiliate;

(D) the Plan Administrator determines, in its sole and absolute discretion, that

the person is eligible to receive Incentive Pension Benefits. In this regard, the Plan

Administrator may from time to time adopt eligibility standards or guidelines that may

guide the Plan Administrator's eligibility determinations, and may in its discretion,

modify, suspend, supersede, or cancel such standards or guidelines.

2.2 <u>Benefit Formula</u>

(A) <u>In General</u>

The amount of a person's Incentive Pension Benefit is determined by

multiplying 1.6% of the person's final average incentive compensation by the person's

years of pensionable service, and dividing the amount so derived by twelve. The result

is expressed in the form of a monthly five-year certain and life annuity for the life of the

person commencing at the person's age 65 ("Normal Retirement Age").

(B) <u>Pensionable Service</u>

For purposes of paragraph (A) above, a person's "pensionable service"

shall be determined as follows:

(1) Except as provided in paragraph (2) below, it shall be the amount

of pension service credited for the person under the ExxonMobil Pension Plan.

(2) In the event a person

(a) transfers directly to Exxon Mobil Corporation or one of its U.S.

affiliates in connection with an employment localization,

(b) upon localization is not credited with pension service under

the ExxonMobil Pension Plan for the person's service with the most recent service-

oriented employer, and

(c) immediately prior to localization was a participant in the

Canadian Supplemental Pension Arrangement (SPA) Bonus ("Imperial Plan"),

the person's pensionable service shall be the sum of the service

credited under the Imperial Plan at the time of the person's localization plus the pension

service credited thereafter to the person under the ExxonMobil Pension Plan.

(C) <u>Final Average Incentive Compensation</u>

For the purposes of paragraph (A) above, a person's "final average

incentive compensation" shall be determined in accordance with this paragraph (C).

(1) <u>In General</u>

A person's final average incentive compensation is the average of

the person's three highest annual bonus awards (including awards of zero, if any) under

the Corporation's Incentive Programs awarded on any of the five most recent annual

award dates immediately preceding the person's termination of employment.

(2) <u>Corporate Acquisitions</u>

If a person commences employment with the Corporation or one of

its affiliates in connection with a corporate acquisition, incentive compensation paid by

the person's former employer that is the equivalent of bonus awards payable under the

Corporation's Incentive Program may, in the sole discretion of the management of the

Corporation, be taken into account for purposes of determining the person's final

average incentive compensation under this Paragraph (C).

(3) <u>Annual Bonus Award</u>

(a) <u>Items Used in Calculation</u>

For purposes of this paragraph (C), in determining the

amount of a person's annual bonus award, only awards granted under the short-term

incentive part of the Incentive Programs as cash and bonus units are considered.

(b) <u>Item Excluded From Calculation</u>

For purposes of this paragraph (C), in determining the

amount of a person's annual bonus award, an award to a person characterized by the

granting authority as a special one-time bonus is disregarded, unless deemed

specifically includable by the granting authority at the time of grant.

(c) <u>Calculation of Annual Bonus Award</u>

If an annual bonus award is granted as bonus units, the

maximum settlement value obtainable at the time of the grant shall be used in

calculating the value of the award.

2.3 <u>Offset for Similar Benefits</u>

If a participant under this Plan is also entitled to payments comparable to the

Incentive Pension Benefit for any portion of the same years of pensionable service

under a plan of a service-oriented employer, as defined in the ExxonMobil Common

Provisions, other than the Corporation, the amount of the Incentive Pension Benefit

shall be reduced by the respective amount of such comparable payments. In any given

case, the Plan Administrator may determine the precise amount of this offset and if a

conversion of currency computation is required, may follow the process established

under the ExxonMobil Pension Plan.

2.4 <u>Lapse of Incentive Pension Benefit</u>

The portion of any Incentive Pension Benefit deriving from a provisionally granted

bonus that is subsequently annulled lapses as of the date of such annulment.

3. <u>Overseas Makeup Benefit</u>

3.1 <u>Eligibility</u>

A person is eligible to receive an Overseas Makeup Benefit if the following

conditions are met as determined by the Plan Administrator:

(A) the person accrues a benefit under a pension plan ("non-U.S. plan")

sponsored by a non-U.S. affiliate of the Corporation;

(B) the person terminates active participation in the non-U.S. plan and

simultaneously becomes a participant in the ExxonMobil Pension Plan or predecessor

plan;

(C) as a result of terminating active participant status under the non-U.S. plan,

the person loses eligibility for all or a portion of the benefit under the non- U.S. plan

accrued prior to termination; and

(D) the amount of the lost benefit is not provided under the terms of the

ExxonMobil Pension Plan, the ExxonMobil Supplemental Pension Plan, or otherwise

under this Plan.

3.2 <u>Benefit Formula</u>

The amount of the Overseas Makeup Benefit is the amount, expressed as a

monthly benefit in the form of a five-year certain and life annuity that is the actuarial

equivalent of the lost benefit under the non-U.S. plan. Such amount shall be

conclusively determined by the Plan Administrator.

4. <u>Payment of Pension Benefits</u>

4.1 <u>Timing of Payment</u>

Effective as of January 1, 2023, payment of a person's Incentive Pension Benefit

and, if applicable, Overseas Makeup Benefit shall occur as soon as practicable following

whichever of the pension commencement dates specified in paragraphs (A), (B), (C), or

(D) below is applicable to the person.

(A) <u>Retirees</u>

Except as provided under paragraph (B) or (D) below, in the case of a

Retiree, the person's pension commencement date is the first of the month next

following the person's last day of employment with ExxonMobil.

(B) <u>Pre-55 Disability Retirees</u> 

In the case of a person who retires with eligibility for Disability Benefits

under article 6 below prior to the first of the month in which the person attains age 55,

the person's pension commencement date is the first of the month in which the person

attains age 55.

(C) <u>Terminees</u>

Except as provided under paragraph (D) below, in the case of a person

who is eligible for an Incentive Pension Benefit under Section 2.1(B), (C), or (D) above,

the person's pension commencement date is the first of the month next following three

months from the person's last day of employment with ExxonMobil.

(D) <u>Key Employees</u>

Notwithstanding paragraphs (A), or (C) above, and except as provided in

paragraph (B), in the case of a person who, at the time of his or her termination of

employment, has a Classification Level of 35 or above ("Key Employee"), the person's

pension commencement date is the first of the month next following six months from the

person's last day of employment with ExxonMobil.

4.2 <u>Reduction for Early Commencement</u> 

If a person's pension commencement date under section 4.1 above occurs prior

to the month in which the person reaches Normal Retirement Age, the person's

Incentive Pension Benefit and/or Overseas Makeup Benefit is reduced by applying the

early commencement factors specified under the ExxonMobil Pension Plan for a benefit

commencing at the person's then age.

4.3 <u>Form of Payment</u> 

Payment of a person's Incentive Pension Benefit or Overseas Makeup Benefit

shall be made in a lump sum that is the actuarial equivalent of the five-year certain and

life annuity measured as of the person's pension commencement date specified under

section 4.1 above. For this purpose, actuarial equivalence shall be determined by the

Plan Administrator using the factors and procedures that are used for the calculation of

the lump-sum payment option under the ExxonMobil Pension Plan.

4.4 <u>Adjustment for Key Employees</u> 

A Key Employee's Incentive Pension Benefit and/or Overseas Makeup Benefit

shall not be less than the amount equal to the person's benefit calculated as of the

pension commencement date that would apply if the person were not a Key Employee

plus interest from such date until the person's actual pension commencement date. For

this purpose, interest shall be credited at a rate equal to the Citibank prime lending rate

in effect on the date the person separates from employment, or, if the person's last day

of employment is on or after November 1, 2022, at the interest rate determined under

section 4.4(D)(3)(b)(iii) of Part 1 of the ExxonMobil Pension Plan on the first of the

month immediately following the person's last day of employment, but taking into

account only the first segment rate for this purpose. .

5. <u>Death Benefit</u> 

5.1 <u>In General</u> 

If a person dies who, at the time of his death,

(A) is an active employee with 15 or more years of Benefit Plan Service, as

determined under the ExxonMobil Common Provisions, or

(B) had retired with eligibility for an Incentive Pension Benefit and/or a

Overseas Makeup Benefit and had not received such benefit, a lump-sum death benefit

shall be payable to the person's beneficiary (as determined under section 5.2 below).

The death benefit payable to the person's beneficiary shall be the lump-sum equivalent

value of the amount of the Pension Benefit and Overseas Makeup Benefit to which the

person was or would have been entitled. For this purpose, equivalent value shall be

determined by the Plan Administrator using the factors and procedures that are used for

the calculation of similar benefits under the ExxonMobil Pension Plan.

5.2 <u>Designation of Beneficiaries</u> 

(A) <u>In General</u> 

A person may name one or more designated beneficiaries to receive

payment of the death benefits payable under section 5.1 above in the event of the

person's death. Beneficiary designations shall be made in accordance with such

procedures as the Plan Administrator may establish. Spousal consent to any such

designation is not required.

(B) <u>Default Beneficiaries</u> 

(1) <u>In General</u> 

If no specific designation is in effect, the deceased's beneficiary is

the person or persons in the first of the following classes of successive beneficiaries

living at the time of death of the deceased:

(a) spouse;

(b) children who survive the deceased or who die before the

deceased leaving children of their own who survive the deceased;

(c) parents;

(d) brothers and sisters who survive the deceased or who die

before the deceased leaving children of their own who survive the deceased.

If there are no members of any class of such beneficiaries, payment

is made to the deceased's executors or administrators.

(2) <u>Allocation Among Default Beneficiaries</u> 

If the same class of beneficiaries under paragraph (1) above

contains two or more persons, they share equally, with further subdivision of such equal

shares as next provided. In class (b), where a child dies before the deceased leaving

children who survive the deceased, such child's share is subdivided equally among

those children. In class (d), where a brother or sister dies before the deceased leaving

children who survive the deceased, such brother or sister's share is subdivided equally

among those children.

(3) <u>Definitions</u> 

For purposes of this section 5.4, "child" means a person's son or

daughter by legitimate blood relationship or legal adoption; "parent" means a person's

father or mother by legitimate blood relationship or legal adoption; "brother" or "sister"

means another child of either or both of one's parents.

6. <u>Disability Benefit</u> 

6.1 <u>Nature of Disability Benefits</u> 

The benefits provided under this article 6 ("Disability Benefits") are in the nature

of long-term disability benefits, payable on account of and for the duration of a person's

incapacity on account of disability. These Disability Benefits are intended to qualify as

employee welfare benefits under ERISA and as "disability pay" under section 409A of

the Internal Revenue Code and its supporting regulations, thereby being exempt from

the scope and application of section 409A.

6.2 <u>Payment of Disability Benefit</u> 

If a person who becomes a Retiree also becomes entitled to long-term disability

benefits under a disability benefit plan sponsored by ExxonMobil, the person shall

receive monthly Disability Benefits under this Plan. Such Disability Benefits shall

commence at the time the person commences long-term disability benefits under such

disability plan and shall continue as long as entitlement to long-term disability benefits

under such plan continues.

6.3 <u>Benefit Formula</u> 

(A) <u>In General</u> 

The amount of each monthly Disability Benefit payable to a person is

determined by dividing one-half of the person's final average incentive compensation,

determined under section 2.2(C) above, by 12 and deducting therefrom the offset

described in paragraph (B) below.

(B) <u>Offset</u> 

Commencing with the month in which a person's Incentive Pension Benefit

is paid, the amount of the person's monthly Disability Benefit shall be reduced by the

monthly amount of the person's Incentive Pension Benefit and/or Overseas Makeup

Benefit (expressed as a five-year-certain and life annuity). In the case of a Key

Employee, the offset provided under this paragraph (B) shall be applied beginning with

the month his or her Incentive Pension Benefit would have been paid if he or she were

not a Key Employee.

6.4 <u>Offset for Similar Benefit</u> 

If a person receiving Disability Benefits hereunder is also entitled to comparable

payments under a plan of a service-oriented employer (as defined in the ExxonMobil

Common Provisions) other than the Corporation under circumstances where the Plan

Administrator determines that such benefits are duplicative of the Disability Benefits

payable hereunder, then such Disability Benefits shall be reduced by the amount of

such comparable payment. In any given case, the Plan Administrator may determine the

precise amount of this offset and if a conversion of currency computation is required,

may follow the process established under the ExxonMobil Pension Plan.

6.5 <u>Disability Death Benefit</u> 

(A) <u>Death During Employment</u> 

If a person dies as an active employee with 15 or more years of Benefit

Plan Service, as determined under the ExxonMobil Common Provisions, then the

person's beneficiary (as determined under section 5.2 above) shall receive a disability

death benefit equal to the present value of 60 monthly installments of the person's

Disability Benefit, calculated as if the person had become eligible for Disability Benefit

payments on the day prior to death. For purposes of this paragraph (A), the value of the

person's Disability Benefit installments shall be determined by applying the offset under

section 6.3(B) above as if the person's Incentive Pension Benefit and/or Overseas

Makeup Benefit were payable at the time of death.

(B) <u>Death After Commencement of Disability Retirement Payments</u> 

If a person dies while receiving Disability Benefits under this article 6 but

before the receipt of 60 monthly installments, the person's beneficiary (as determined

under section 5.2 above) shall receive the lump-sum equivalent value of the remaining

60 monthly installments. If at the time of death the person's Incentive Pension Benefit

had not been paid, then the value of the person's remaining Disability Benefit

installments shall be determined by applying the offset under section 6.3(B) above as if

the person's Incentive Pension Benefit and/or Overseas Makeup Benefit were paid at

the time of death.

7. <u>Miscellaneous</u> 

7.1 <u>Plan Administrator</u> 

The Plan Administrator shall be the Manager, Compensation, Benefit Plans and

Policies, Human Resources Department, Exxon Mobil Corporation. The Plan

Administrator shall have the right and authority to conclusively interpret this Plan for all

purposes, including the determination of any person's eligibility for benefits hereunder

and the resolution of any and all appeals relating to claims by participants or

beneficiaries, with any such interpretation being conclusive for all participants and

beneficiaries.

7.2 <u>Nature of Payments</u> 

Payments provided under this Plan are considered general obligations of the

Corporation.

7.3 <u>Assignment or Alienation</u> 

Except as provided in section 7.5 below, payments provided under this Plan may

not be assigned or otherwise alienated or pledged.

7.4 <u>Amendment or Termination</u> 

The Corporation reserves the right to amend or terminate this Plan, in whole or in

part, including the right at any time to reduce or eliminate any accrued benefits

hereunder and to alter or amend the benefit formula set out herein.

7.5 <u>Forfeiture of Benefits</u> 

Any payments received under this Plan shall be forfeited and returned if the

forfeiture and repayment of such payments is required by any clawback policy adopted

by the Corporation. Additionally, no person shall be entitled to receive payments under

this Plan, and any payments received under this Plan shall be forfeited and returned, if it

is determined by the Corporation in its sole discretion, acting through its chief executive

or such person or committee as the chief executive may designate, that a person

otherwise entitled to a payment under this Plan or who has commenced receiving

payments under this Plan:

(A) engaged in gross misconduct harmful to the Corporation,

(B) committed a criminal violation harmful to the Corporation,

(C) had concealed actions described in (A) or (B) above which would have

brought about termination from employment thereby making the person ineligible for

benefits under this Plan,

(D) separated from service prior to attaining Normal Retirement Age without

having received from the Corporation or its delegate prior written approval for such

termination, given in the sole discretion of the Corporation or its delegatee and in the

context of recognition that benefits under this Plan would not be forfeited upon such

termination, or

(E) had been terminated for cause.

## Exhibit 31.1

**EXHIBIT 31.1**

**Certification by Darren W. Woods**

**Pursuant to Securities Exchange Act Rule 13a-14(a)**

I, Darren W. Woods, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material

fact necessary to make the statements made, in light of the circumstances under which such statements were made, not

misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present

in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the

periods presented in this report;

4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and

procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as

defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed

under our supervision, to ensure that material information relating to the registrant, including its consolidated

subsidiaries, is made known to us by others within those entities, particularly during the period in which this report

is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be

designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and

the preparation of financial statements for external purposes in accordance with generally accepted accounting

principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our

conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by

this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during

the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has

materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial

reporting; and

5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control

over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or

persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial

reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and

report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the

registrant's internal control over financial reporting.

Date: May 4, 2026

---

| |
|:---|
| /s/ DARREN W. WOODS |
| Darren W. Woods |
| Chief Executive Officer |

---

## Exhibit 31.2

**EXHIBIT 31.2**

**Certification by Neil A. Hansen**

**Pursuant to Securities Exchange Act Rule 13a-14(a)**

I, Neil A. Hansen, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material

fact necessary to make the statements made, in light of the circumstances under which such statements were made, not

misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present

in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the

periods presented in this report;

4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and

procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as

defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed

under our supervision, to ensure that material information relating to the registrant, including its consolidated

subsidiaries, is made known to us by others within those entities, particularly during the period in which this report

is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be

designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and

the preparation of financial statements for external purposes in accordance with generally accepted accounting

principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our

conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by

this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during

the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has

materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial

reporting; and

5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control

over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or

persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial

reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and

report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the

registrant's internal control over financial reporting.

Date: May 4, 2026

---

| |
|:---|
| /s/ NEIL A. HANSEN |
| Neil A. Hansen |
| Senior Vice President and Chief Financial Officer |

---

## Exhibit 31.3

**EXHIBIT 31.3**

**Certification by Len M. Fox**

**Pursuant to Securities Exchange Act Rule 13a-14(a)**

I, Len M. Fox, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Exxon Mobil Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material

fact necessary to make the statements made, in light of the circumstances under which such statements were made, not

misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present

in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the

periods presented in this report;

4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and

procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as

defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed

under our supervision, to ensure that material information relating to the registrant, including its consolidated

subsidiaries, is made known to us by others within those entities, particularly during the period in which this report

is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be

designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and

the preparation of financial statements for external purposes in accordance with generally accepted accounting

principles;

(c)Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our

conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by

this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during

the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has

materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial

reporting; and

5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation of internal control

over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or

persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial

reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and

report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the

registrant's internal control over financial reporting.

Date: May 4, 2026

---

| |
|:---|
| /s/ LEN M. FOX |
| Len M. Fox |
| Vice President, Controller and Tax<br>(Principal Accounting Officer)<br>|

---

## Exhibit 32.1

**EXHIBIT 32.1**

**Certification of Periodic Financial Report**

**Pursuant to 18 U.S.C. Section 1350**

For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned,

Darren W. Woods, the chief executive officer of Exxon Mobil Corporation (the "Company"), hereby certifies that, to his

knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31, 2026, as filed with the Securities and

Exchange Commission on the date hereof (the "Report") fully complies with the requirements of section 13(a) or 15(d) of

the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of

operations of the Company.

Date: May 4, 2026

---

| |
|:---|
| /s/ DARREN W. WOODS |
| Darren W. Woods |
| Chief Executive Officer |

---

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be

retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

## Exhibit 32.2

**EXHIBIT 32.2**

**Certification of Periodic Financial Report**

**Pursuant to 18 U.S.C. Section 1350**

For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned,

Neil A. Hansen, the chief financial officer of Exxon Mobil Corporation (the "Company"), hereby certifies that, to his knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31, 2026, as filed with the Securities and

Exchange Commission on the date hereof (the "Report") fully complies with the requirements of section 13(a) or 15(d) of

the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of

operations of the Company.

Date: May 4, 2026

---

| |
|:---|
| /s/ NEIL A. HANSEN |
| Neil A. Hansen |
| Senior Vice President and Chief Financial Officer |

---

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be

retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

## Exhibit 32.3

**EXHIBIT 32.3**

**Certification of Periodic Financial Report**

**Pursuant to 18 U.S.C. Section 1350**

For purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned,

Len M. Fox, the principal accounting officer of Exxon Mobil Corporation (the "Company"), hereby certifies that, to his

knowledge:

(i)the Quarterly Report on Form 10-Q of the Company for the quarter ended March 31, 2026, as filed with the Securities and

Exchange Commission on the date hereof (the "Report") fully complies with the requirements of section 13(a) or 15(d) of

the Securities Exchange Act of 1934; and

(ii)the information contained in the Report fairly presents, in all material respects, the financial condition and results of

operations of the Company.

Date: May 4, 2026

---

| |
|:---|
| /s/ LEN M. FOX |
| Len M. Fox |
| Vice President, Controller and Tax<br>(Principal Accounting Officer)<br>|

---

A signed original of this written statement required by Section 906 has been provided to Exxon Mobil Corporation and will be

retained by Exxon Mobil Corporation and furnished to the Securities and Exchange Commission or its staff upon request.