ExxonMobil and Employees Donate Almost $50 Million to U.S. Colleges and Universities

• Almost 840 educational institutions to receive funds from a program
  that triple matches employee donations
• More than $665 million donated since program began in 1962
• Recipient organizations encouraged to support math and science
  initiatives

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil
and its employees are donating $49.8 million to almost 840 institutions
of higher education across the country as part of the ExxonMobil
FoundationÔÇÖs 2017 Educational Matching Gift Program.

ExxonMobil employees, retirees, directors and surviving spouses
contributed $16.9 million, which was matched with $32.9 million in
unrestricted grants from the ExxonMobil Foundation.

The program matches donor pledges 3:1 up to $7,500 to qualified colleges
and universities in the United States, along with the American Indian
College Fund, Hispanic Scholarship Fund and the United Negro College
Fund. Since the Educational Matching Gift Program began in 1962,
ExxonMobil has donated more than $665 million to American institutions
of higher learning.

ÔÇ£We have a long history of supporting education excellence in the United
States,ÔÇØ said Kevin Murphy, president of the ExxonMobil Foundation. ÔÇ£Our
employees and retirees also share that priority. This donation is a
demonstration of our collective support for higher education
institutions across the country.ÔÇØ

In 2017, more than 4,200 employees and retirees made individual
donations through the initiative. Although grants are unrestricted,
colleges and universities are encouraged to designate a portion to math
and science programs supporting student engagement.

In addition to the Educational Matching Gift Program, ExxonMobil
and the ExxonMobil Foundation support and develop programs that
encourage students, particularly women and minorities, toward careers in
science, technology, engineering and math, as well as teacher training
initiatives.

About the ExxonMobil Foundation

The ExxonMobil Foundation is the primary philanthropic arm of Exxon
Mobil Corporation (NYSE:XOM) in the United States. The foundation and
the corporation engage in a range of philanthropic activities that
advance education, with a focus on math and science in the United
States, promote women as catalysts for economic development and combat
malaria. In 2017, the ExxonMobil Foundation, together with Exxon Mobil
Corporation, its divisions and affiliates along with employees and
retirees, provided $204 million in contributions worldwide, of which $68
million was dedicated to education.

Contacts

ExxonMobil
Media Relations, 972-940-6007