ExxonMobil announced a major step forward in shareholder engagement with the introduction of a voluntary automatic voting service designed specifically for retail investors. This initiative seeks to ensure that the voices of individual shareholders—who represent nearly 40 percent of ExxonMobil’s ownership—are more consistently heard during proxy season.

Historically, only one in four retail investors has participated in voting on proxy proposals, leaving a significant gap in representation. While institutional investors have long benefited from the support of proxy advisory firms, individual investors have been left without the same access to simplified tools and services. This imbalance has allowed activist groups, often with minimal ownership stakes, to disproportionately influence corporate decision-making.

The new opt-in service will make it easier for retail shareholders to participate without the overwhelming burden of reviewing thousands of proxy items across corporate America. Once enrolled, investors can rely on an automatic “vote with the board” option that aligns their shares with the company’s recommendations. At the same time, they will retain full control, with the ability to opt out at any time, review proxy materials, and override any automated vote if they wish to cast their own.

“Retail investors matter,” said ExxonMobil. “Their savings are tied to their homes, education, and retirement, and they deserve the same opportunities to participate in shareholder democracy as institutional investors. By making voting more accessible, we are ensuring that the board receives more complete feedback and can make better-informed decisions that reflect the interests of all shareholders.”

This program underscores ExxonMobil’s commitment to fairness, transparency, and shareholder value.