Item 5.07 Submission of Matters to a Vote of Security Holders.
Occidental Petroleum Corporation (the "Company") held its 2022 Annual Meeting of Shareholders onMay 6, 2022 (the "2022 Annual Meeting"). The following actions were taken at the 2022 Annual Meeting, for which proxies were solicited pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended, and the final number of votes cast for or against, and abstentions and broker non-votes, as applicable, for each matter are set forth below.
1. The nine nominees proposed by the Board of Directors were elected by the
Company's shareholders by the following votes: Broker Non- Nominee For % For Against % Against Abstain Votes Vicky A. Bailey 700,980,294 99.24 % 5,346,751 0.76 % 758,892 96,412,904 Stephen I. Chazen 642,987,504 91.03 % 63,344,214 8.97 % 754,219 96,412,904 Andrew Gould 686,309,266 97.17 % 19,979,130 2.83 % 797,541 96,412,904 Carlos M. Gutierrez 658,625,726 93.25 % 47,675,579 6.75 % 784,632 96,412,904 Vicki Hollub 696,106,433 98.54 % 10,281,548 1.46 % 697,956 96,412,904 William R. Klesse 694,963,325 98.40 % 11,328,903 1.60 % 793,709 96,412,904 Jack B. Moore 682,525,827 96.64 % 23,755,371 3.36 % 804,739 96,412,904 Avedick B. Poladian 681,766,996 96.53 % 24,494,348 3.47 % 824,593 96,412,904 Robert M. Shearer 697,179,962 98.71 % 9,095,395 1.29 % 810,580 96,412,904
2. The advisory vote to approve named executive officer compensation was approved
by the Company's shareholders by the following vote:
For 686,183,151 97.04 % Against 19,429,125 2.75 % Abstain 1,473,661 0.21 % Broker Non-Votes 96,412,904
3. The ratification of the selection of
for the year endingDecember 31, 2022 was approved by the Company's shareholders by the following vote: For 786,397,802 97.87 % Against 15,876,181 1.98 % Abstain 1,224,858 0.15 %
4. The proposal submitted by Follow This on behalf of
the Company set and disclose quantitative short-, medium- and long-term
greenhouse gas emissions reduction targets consistent with the Paris Agreement
was not approved by the Company's shareholders. The proposal received the
following vote: For 116,755,811 16.51 % Against 587,371,062 83.07 % Abstain 2,959,064 0.42 % Broker Non-Votes 96,412,904
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