ExxonMobil's people — both in SH&E organizations and those directly involved in operations and business support — drive our performance. They are enabled by our Operations Integrity Management System framework which establishes common worldwide expectations for managing the risks inherent in our business. Even during the very demanding merger approval period, our employees and contractors achieved "best ever" safety performances. This notable achievement demonstrates our employees' and contractors' continued commitment to safe operations.

STEADFAST IN OUR COMMITMENT

ExxonMobil remains steadfast in our commitment to Safety, Health, and Environmental (SH&E) excellence — a commitment that dates back over 100 years in the merged companies. We are keenly aware that management of risk is a critical aspect of our business and that superior SH&E performance is required to earn the public's trust. We believe that excellence in SH&E performance goes hand in hand with our commitment to high operational standards. Both of these commitments require continuous attention to operations fundamentals and are prerequisites for long-term business success.

Effective management systems are required to achieve consistent, reliable, and incident-free results. To accomplish this, Exxon developed a comprehensive system to help manage risks — the Operations Integrity Management System, or OIMS. The management system, which is fully consistent with the voluntary international standard for environmental management systems, ISO 14001, has been implemented at all of the former Exxon facilities and has reached a high level of maturity with solid results. In recent years, a similar system was developed and implemented in former Mobil facilities.

With the completion of the merger, all ExxonMobil operating organizations around the world will move rapidly to comply with the common expectations provided by OIMS. Having one worldwide system will establish a common SH&E language for ExxonMobil, make it easier to share successful practices, and help us meet our commitment to excellence.

FOCUSED ON PERFORMANCE IMPROVEMENT

ExxonMobil is committed to continuous efforts to improve safety and environmental performance throughout its operations. We share successful practices among our facilities on a worldwide basis and have established a common, meaningful set of performance indicators to measure our continued progress. Through implementation of SH&E management systems and excellence in operations, we have achieved significant improvements in SH&E performance:

• Over the past five years, the rate of ExxonMobil's worldwide employee incidents resulting in time away from work has declined by over 75 percent. The lost-time incident rate for U.S. employees has declined by an even higher percentage over the same time period. Based on data from the Bureau of Labor Statistics, our U.S. employees experience lost-time injuries and illnesses at a rate that is 85 percent lower than those in similar U.S. industries. These 1999 results represent record performance for ExxonMobil.

• ExxonMobil contractors also achieved record performance with a reduction in lost-time injuries and illnesses of over 30 percent from 1998 to 1999.

• Since 1996, the number of spills from all operations worldwide has been reduced by 50 percent.

• The number of spills from marine vessels has been reduced by 45 percent since 1993. The total volume of oil spilled from ExxonMobil marine vessels in 1999 was less than two tablespoons for every million gallons of oil transported.

• ExxonMobil's worldwide manufacturing operations focus on energy efficiency as a means to reduce costs, conserve resources, and reduce emissions. Our refineries and chemical plants are now 37 percent more energy efficient than in 1973. This represents energy-equivalent savings of 110 million barrels of oil per year.

• Over the years, ExxonMobil has invested in cogeneration facilities at many of our production, refining, and petrochemical sites. These facilities produce steam and electricity simultaneously, typically reducing energy consumption by about 30 percent. The company operates or holds interest in 2,000 megawatts of cogeneration capacity — enough electricity to meet the residential needs of a city the size of Boston. The application of cogeneration technology along with ongoing operating improvements reduces emissions of greenhouse gases and contributes to ExxonMobil's leadership in operational efficiency.