ExxonMobil in Alaska: Shareholders OK merger with Mobil

At Exxon’s Annual Meeting, held at the Wyndham Anatole Hotel in Dallas, Texas, on May 27th, 1999, shareholders voted in support of the Board’s recommendations on the proxy proposals, including the proposed Exxon Mobil merger. Exxon shareholders voted 99.3 percent in favor of the historic merger agreement. Chairman Lee Raymond said the shareholder vote represents an important milestone in the Exxon Mobil merger. He also noted that several conditions, including regulatory reviews, must be completed before the merger can be accomplished. Exxon and Mobil previously announced that they anticipate regulatory reviews of the proposed merger will be completed by about the end of the third quarter.

Mobil shareholders also met on May 27, 1999, at the Fairmont Hotel in Dallas, Texas, to conduct Annual Meeting business and vote on the proposed Exxon Mobil merger. Mobil shareholders voted 98.3 percent in favor of the merger.

—June 1999 Annual Meeting Report, Exxon Perspectives