ExxonMobil Invests in On-Demand Vehicle Care Startup

• Investment into Yoshi Inc. helps ExxonMobil shape a new market channel
• Yoshi Inc. customers will receive Exxon-and Mobil-branded fuels and
  lubricants through on-demand delivery and vehicle care service
• ExxonMobil is committed to finding innovative ways to better serve our
  customers in today’s connected economy

HOUSTON–(BUSINESS WIRE)–ExxonMobil announced today it has invested into Yoshi
Inc., a Silicon Valley startup offering on-demand fuel delivery and
vehicle care service. As a leading strategic investor, ExxonMobil gains
a voting seat on the board of directors and will now provide Yoshi Inc.
with high-quality fuels and lubricant products. This investment will
allow ExxonMobil to shape a new channel in the market for its products.

Yoshi Inc. provides a mobile one-stop-shop vehicle care service,
bringing fuel-ups, oil changes and car washes direct to the consumer.
Customers can schedule gas deliveries and other services directly from
their smartphones or computers. The subscription-based service is
currently available to customers in Atlanta, Nashville, Austin, Chicago,
Los Angeles, Silicon Valley and the San Francisco Bay Area, and Yoshi
Inc. is planning to expand to 25 major U.S. cities with support from
investors.

“The on-demand economy is changing nearly every aspect of our everyday
lives, including consumer expectations about the way fuels and
lubricants are purchased, delivered and used,” said Adam Wariner, Fuels
and Lubricants Innovation Manager. “We believe the simplicity and
convenience of this direct-to-vehicle care service will attract new
customers to Exxon and Mobil branded products.”

ExxonMobil will provide Yoshi Inc. with fuels and lubricant products
where available, and Yoshi Inc. will continue to manage the delivery
service. Customers will receive Exxon or Mobil Regular or Supreme+
Synergy Fuel and Mobil 1 and Mobil Super lubricants, depending on the
vehicle’s specification or driver preference.

“We believe Yoshi has a big opportunity to be part of the transformation
underway in the automotive industry relating to how vehicles get fueled
and serviced, which can more than double a vehicle’s cost over its
lifetime,” said Yoshi CEO Nick Alexander. “We could not have a better
syndicate of investors supporting us, including the leading US automaker
and oil and gas company.”

ExxonMobil has been a leader in advancing technologies through its
135-year history, and this investment represents the latest
demonstration of the company’s commitment to continuous innovation. The
company spends approximately $1 billion a year on research and
development across all business lines, which includes identifying new
innovations to better serve customers as their needs and preferences
change. Products like the Speedpass+
mobile app enhance and simplify payment at the pump and can integrate
with a variety of connected vehicle platforms.

About ExxonMobil

ExxonMobil, the largest publicly traded international oil and gas
company, uses technology and innovation to help meet the world’s growing
energy needs. ExxonMobil holds an industry-leading inventory of
resources, and is one of the world’s largest integrated refiners,
marketers of petroleum products and chemical manufacturers. Follow
ExxonMobil on Twitter: www.twitter.com/exxonmobil.

About YOSHI

Yoshi delivers gas, oil changes, car washes, and anything else your car
needs, while it’s parked so you can keep moving. Yoshi’s mission is to
keep vehicles moving in the safest, most efficient, and planet-friendly
way possible, while delivering unparalleled customer service. Yoshi is
based in San Francisco, CA. Learn more at www.startyoshi.com.

Contacts

ExxonMobil Media Relations
832-625-4000