Governance Policies Governance Policies Our Policies Other Measures Confidential Voting Stockholder Rights Plan Policy Independent Compensation Consultant Policy Golden Parachute Policy Nominations for Directors Anti-Hedging Policy Back to Top OxyChem Customer Portal Royalty Interest Owners OEMI Royalty Owners Accessibility Policy Media Disclaimer Privacy Policy Terms of Use Contact Us Connect with Oxy: © Occidental Petroleum Corporation By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Reject All Accept All Cookies

Executive Stock Ownership Guidelines Effective November 4, 2020, the officers of Occidental Petroleum Corporation listed below are expected to comply with the following stock ownership guidelines within five years of the date the individual is first elected to the office. An officer who does not meet the minimum ownership guideline may not sell any shares of Occidental common stock until he or she meets the ownership guideline and would continue to meet the ownership guideline following any such sale. Participation Chief Executive Officer Executive Vice Presidents and Chief Financial Officer Senior Vice Presidents Other Vice Presidents Target Stock Holdings Position Multiple Chief Executive Officer 6x base salary Chief Financial Officer 4x base salary Executive Vice Presidents 4x base salary Senior Vice Presidents 3x base salary Other Vice Presidents 2x base salary Forms of Stock Ownership That Will Meet The Guidelines Direct stock holdings* Shares held in the Occidental Petroleum Corporation Savings Plan (401K) Long-term stock awards, including, without limitation, restricted stock awards, restricted stock units, vested performance stock awards and vested performance stock units (unvested performance stock awards and units will not count towards target holdings) Deferred stock units * For purposes of these guidelines, shares held in a living trust or by a family partnership or corporation controlled by the officer will be deemed to be directly held unless the officer expressly disclaims beneficial ownership of such shares. Back to Top OxyChem Customer Portal Royalty Interest Owners OEMI Royalty Owners Accessibility Policy Media Disclaimer Privacy Policy Terms of Use Contact Us Connect with Oxy: © Occidental Petroleum Corporation By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Reject All Accept All Cookies