ExxonMobil Renews Longstanding Commitment to Women’s Economic Empowerment

• $7 million to support research, women entrepreneurs and savings program
• $120 million in grants since initiative began in 2005
• Company procures approximately $350 million per year from women-owned
  businesses; named Corporation of the Year by WEConnect International

IRVING, Texas–(BUSINESS WIRE)–In recognition of International Women’s Day, ExxonMobil
announced today that it is providing $7 million in grants in 2018 to
renew support for local and global organizations working to empower
women economically.

Grants made this year will continue ExxonMobil’s longstanding support
for efforts to increase research into new methods to advance women
economically, assist women entrepreneurs to grow their businesses,
bolster women’s financial literacy and ability to invest and save, and
improve the productivity of women farmers.

“We invest in programs that are proven to provide women with the skills,
training and support systems needed to increase their productivity and
income,” said Kevin Murphy, president of the ExxonMobil Foundation. “We
know from comprehensive research that when women move forward, the world
moves with them.”

ExxonMobil has invested a total of $120 million in its Women’s
Economic Opportunity Initiative since it began in 2015, supporting
dozens of initiatives that have benefitted tens of thousands of women in
more than 90 countries.

One of this year’s investments will culminate in a new initiative, She
Counts, which will be launched at the Council on Foreign Relations on
March 22. She Counts will work with financial service providers to help
women save securely, invest in their business and transform their lives.
Since 2015, ExxonMobil has worked with partners like Women’s World
Banking, the Center for Global Development, Technoserve, Mercy Corps,
the World Bank and other financial institutions to establish a new
platform to put savings and financial tools in the hands of women,
enabling them to plan for a more prosperous future.

ExxonMobil’s Women’s Economic Opportunity Initiative focuses on
data-based, proven interventions that help women become more fully
participatory in the economic life of their communities – and funds
initiatives that correspond with the findings of the
ExxonMobil-commissioned Roadmap
for Promoting Women’s Economic Empowerment.

ExxonMobil is also a founding member of the Global Business Coalition
for Women’s Economic Empowerment which harnesses the power of the
private sector in fostering
systemic economic change for women.

In addition to grant-making, ExxonMobil spends approximately $350
million each year with women-owned businesses. WEConnect International,
an organization that identifies and certifies women-owned businesses,
has announced that it will honor ExxonMobil with its 2018 Corporate
Member of the Year award in early April.

For more information about our 2018 partners, view our partnership
brochure.

About ExxonMobil

ExxonMobil, the largest publicly traded international energy company,
uses technology and innovation to help meet the world’s growing energy
needs. ExxonMobil holds an industry-leading inventory of resources, is
one of the largest refiners and marketers of petroleum products, and its
chemical company is one of the largest in the world. For more
information, visit www.exxonmobil.com
or follow us on Twitter www.twitter.com/exxonmobil.

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
corporation engage in a range of philanthropic activities that advance
education, promote women as catalysts for economic development and
combat malaria. In 2016, the ExxonMobil Foundation together with Exxon
Mobil Corporation, its divisions and affiliates along with employees and
retirees, provided $42 million in contributions worldwide.

Contacts

ExxonMobil
Media Relations, 972-940-6007