11-K 1 xom-20221231x11k.htm FORM 11-K Document

UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
 
FORM 11‑K
 
 
[x]   ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the fiscal year ended December 31, 2022
 
 
OR
 
[ ]   TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the transition period from __________ to ___________
 
 
Commission file number 1-2256
 
 
A.     Full title of the plan and the address of the plan, if different from that of the issuer named below:
 
EXXONMOBIL SAVINGS PLAN
 
 
B.     Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
 
EXXON MOBIL CORPORATION
 
5959 Las Colinas Boulevard
 
Irving, Texas 75039-2298




EXXONMOBIL SAVINGS PLAN
 
 
 
TABLE OF CONTENTS
 
 
 
 
2


EXXONMOBIL SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
(millions of dollars)
 December 31,
 20222021
Assets  
Investments, at fair value (Note 5):  
Exxon Mobil Corporation common stock8,390 6,340 
Other investments12,723 13,609 
Total investments21,113 19,949 
Receivables:
Notes receivable from participants139 145 
Other receivables14 2 
Total receivables153 147 
Total assets21,266 20,096 
Liabilities
Payables and accrued liabilities73 76 
Total liabilities73 76 
Net assets available for benefits21,193 20,020 


















The accompanying notes are an integral part of these financial statements.
3


EXXONMOBIL SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED 2022
(millions of dollars)
Contributions: 
  
Employer249 
Participant404 
Transfers-in at fair value152 
 
Total contributions805 
 
 
Investment income/(loss):
 
Interest174 
Dividends320 
Net appreciation/(depreciation) in fair value of investments2,447 
 
Net investment income/(loss)2,941 
 
Interest income on notes receivable from participants6 
 
 
Benefit payments(2,579)
 
Net increase/(decrease)1,173 
 
Net assets available for benefits:
 
Beginning of year20,020 
 
 
End of year21,193 














The accompanying notes are an integral part of these financial statements.
4
EXXONMOBIL SAVINGS PLAN
 
 
NOTES TO FINANCIAL STATEMENTS





Note 1:  Description of the Plan
 
General
 
Active participants in the ExxonMobil Savings Plan ("Plan") are eligible employees of Exxon Mobil Corporation ("ExxonMobil" or the “Company") and certain affiliated employers.  The terms and conditions of the Plan are contained in the ExxonMobil Benefit Plans Common Provisions document, the ExxonMobil Savings Plan document, and the ExxonMobil Savings Trust document (collectively, the "Plan Document").  The Plan is an "employee pension benefit plan" described in Section 3(2) of the Employee Retirement Income Security Act of 1974 ("ERISA"), a "defined contribution plan" described in Section 3(34) of ERISA, and a non-leveraged Employee Stock Ownership Plan. The notes to the financial statements give a general description of the Plan. Participants should refer to the Plan Document for a more complete discussion of the Plan's provisions.
 
Contributions
 
The Plan permits participant contributions that range from 6 percent to 20 percent of each participant’s eligible pay. The Company matches only the minimum 6 percent contribution in an amount equal to 7 percent of a participant’s eligible pay.
 
Employees who are at least age 50 during the plan year and who maximize the combination of their regular pretax and Roth contributions may elect to make additional contributions.
 
Vesting
 
Participants are immediately vested in their contributions and all earnings.  Company contributions vest at 100 percent upon the earliest of completion of 3 years of vesting service, reaching age 65 while employed, or death while an employee.
 
Forfeitures
 
During 2022, employer contributions totaling $2 million were forfeited by terminating employees and used to offset employer contributions.
 
Other Plan Provisions
 
Other Plan provisions including eligibility, enrollment, participation, forfeiture, loans, benefit payments (including withdrawals and distributions), and investment options are described in the Plan Document.
 
Plan Termination
 
The Company may terminate or amend the Plan at any time.  In the event of termination, the net assets of the Plan will be distributed in accordance with ERISA.
 
 
5
EXXONMOBIL SAVINGS PLAN
 
 
NOTES TO FINANCIAL STATEMENTS




Note 2:  Summary of Significant Accounting Policies
 
Basis of Accounting

The financial statements of the Plan are presented on the accrual basis.  Benefit payments are reported when paid.

Investment Valuation and Income Recognition
 
Investments are stated at fair value as described in Note 5.
 
Purchases and sales of securities are recorded on a trade-date basis.  Dividends are recorded on the ex-dividend date.

Net appreciation / depreciation in the current value of investments includes realized gains and losses on investments sold or disposed of during the year and unrealized gains and losses on investments held at year end.

Transfers-in at fair value include participant-initiated rollovers of certain distributions from other tax-qualified plans into the Plan.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets available for benefits, liabilities and disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of changes in net assets available for benefits during the reporting period.  Actual results could differ from those estimates.

Risks and Uncertainties

The Plan participants invest in various investment options offered by the Plan.  Investments in these Plan-offered options are subject to various risks, such as interest rate, market value, and credit risks. Market risks include global events which could impact the value of investments securities, such as pandemics or international conflicts.  Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the Statements of Net Assets Available for Benefits.

Expenses

Investment income from all sources is stated net of brokerage fees on purchases and sales of ExxonMobil common stock, administrative expenses and investment management fees.  Fees for delivery of checks that are expedited upon request by participants are charged to the participant’s account.  All other administrative fees are paid by the Company.  Administrative expenses are recorded when incurred.

Note 3:  Related Party and Party in Interest Transactions

During 2022, certain Plan investments were units of various funds managed by The Northern Trust Company, and therefore, purchases and sales of these investments qualified as party in interest transactions. The Northern Trust Company also provided custodial services to the Plan.

The Plan holds Exxon Mobil Corporation common stock.  Exxon Mobil Corporation is the employer of Plan participants and is the Plan sponsor, and any transactions in Exxon Mobil Corporation common stock qualify as party in interest transactions.

Notes receivable from participants (participant loans) also qualify as party in interest transactions.
6
EXXONMOBIL SAVINGS PLAN
 
 
NOTES TO FINANCIAL STATEMENTS




Note 4:  Tax Status

The Internal Revenue Service has determined and informed the Plan administrators by a letter dated August 7, 2017, that the Plan and related trust are designed in accordance with the applicable sections of the Internal Revenue Code (“IRC”).  The Plan has been amended since receiving the determination letter.  The Plan administrators and legal counsel believe the Plan is currently designed and is being operated in compliance with the applicable requirements of the IRC.  The Plan is subject to audit by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Note 5:  Fair Value Measurements

The authoritative guidance for fair value measurements provides a framework for measuring fair value. The framework establishes a three-level fair value hierarchy based on the nature of the information used to measure fair value.  The terms “Level 1” and “Level 2” are accounting terms that refer to different methods of valuing assets.  The terms do not represent the relative risk or credit quality of an investment.  The fair value hierarchies for the Plan assets are not a measure of the ability of the Plan to meet Plan benefit obligations.

The following tables set forth by level, within the fair value hierarchy, the Plan's assets at fair value:
7
EXXONMOBIL SAVINGS PLAN


NOTES TO FINANCIAL STATEMENTS

Note 5: Fair Value Measurements (continued)

Fair Value Measurements at
December 31, 2022 Using*
(millions of dollars)  
 
 
Description of investmentsValue Quoted Prices In
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
ExxonMobil common stock8,390  8,390 (1)  
U.S. Government Securities2,362   2,362 (2)
Corporate Debt Securities914 914 (2)
Total11,666  8,390  3,276  
Common/Collective trusts (at net asset value)**:    
S&P 500 Fund4,608 (3)    
Small & Mid Cap Fund2,245 (3)    
World Ex-US Equity Fund1,500 (3)    
Aggregate Bond Fund960 (4)    
Short term investments134 (5)    
Total21,113      


(1)     For ExxonMobil common stock, fair value is based on observable quoted prices on an active exchange.
(2)     For U.S. government securities and corporate debt securities, fair value is based on observable inputs of comparable market transactions.
(3)     Investments in common and preferred stocks held in the form of units in common/collective trusts are redeemable daily at the unit value, including the measurement date. The fair value of the underlying securities owned by the common/collective trusts is based on observable quoted prices on an active exchange.
(4)     Investments in debt securities and fixed income assets held in the form of units in common/collective trusts are redeemable daily at the unit value, including the measurement date.
(5)     Short term investments held in the form of units in common/collective trusts are redeemable daily at the unit value, including the measurement date.
 
* There are no “Level 3” investments.
** Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts in the Statements of Net Assets.












8
EXXONMOBIL SAVINGS PLAN


NOTES TO FINANCIAL STATEMENTS

Note 5: Fair Value Measurements (continued) 
Fair Value Measurements at
December 31, 2021 Using*
(millions of dollars)  
 
Description of investmentsValue Quoted Prices In
Active Markets for
Identical Assets
(Level 1)		 Significant Other
Observable Inputs
(Level 2)
 
ExxonMobil common stock6,340 6,340 (1) 
U.S. Government Securities2,000 2,000 (2)
Total8,340 6,340 2,000  
Common/Collective trusts (at net asset value)**: 
S&P 500 Fund5,591 (3) 
Small & Mid Cap Fund3,059 (3) 
World Ex-US Equity Fund1,745 (3) 
Aggregate Bond Fund1,148 (4) 
Short term investments66 (5) 
Total19,949  


(1)     For ExxonMobil common stock, fair value is based on observable quoted prices on an active exchange.
(2)     For U.S. government securities, fair value is based on observable inputs of comparable market transactions.
(3)     Investments in common and preferred stocks held in the form of units in common/collective trusts are redeemable daily at the unit value, including the measurement date. The fair value of the underlying securities owned by the common/collective trusts is based on observable quoted prices on an active exchange.
(4)     Investments in debt securities and fixed income assets held in the form of units in common/collective trusts are redeemable daily at the unit value, including the measurement date.
(5)     Short term investments held in the form of units in common/collective trusts are redeemable daily at the unit value, including the measurement date.
 
* There are no “Level 3” investments.
** Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts in the Statements of Net Assets.











9




SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2022
(a)(b)(c)(d)(e)
 IDENTITY OF ISSUEDESCRIPTION OF INVESTMENTCOSTCURRENT
*    **VALUE
  couponmaturitypar/units  
    (000's) ($000's)
 U.S. GOVERNMENT SECURITIES    
U.S SAVINGS BOND SERIES I10.880 %02/01/38294,843 294,843 
U.S SAVINGS BOND SERIES I11.720 %10/01/32189,622 189,622 
U.S SAVINGS BOND SERIES I6.580 %05/01/44220,975 220,975 
U.S SAVINGS BOND SERIES I10.350 %02/01/39256,725 256,725 
U.S SAVINGS BOND SERIES EE3.000 %03/01/38135,603 135,603 
U.S SAVINGS BOND SERIES I12.760 %10/01/31462,559 462,559 
U.S SAVINGS BOND SERIES I11.300 %01/01/33344,216 344,216 
U.S SAVINGS BOND SERIES I9.930 %01/01/40238,694 238,694 
U.S SAVINGS BOND SERIES I9.620 %01/01/4328,078 28,078 
U.S.TREASURY NOTES1.500 %01/15/2360,372 60,372 
U.S.TREASURY NOTES0.125 %01/31/2324,938 24,938 
U.S.TREASURY NOTES1.750 %01/31/2335,193 35,193 
 U.S.TREASURY NOTES1.375 %02/15/2350,089 50,089 
U.S.TREASURY NOTES0.125 %03/31/2319,802 19,802 
   
   TOTAL U.S. GOVERNMENT SECURITIES2,361,709 
  
CORPORATE DEBT SECURITIES
  
AGRICULTURAL BK CHINA LTD4.679 %03/01/2315,000 14,882 
AGRICULTURAL BK CHINA LTD4.687 %03/03/2313,500 13,390 
ALPINE SECURITIZATION LTD4.861 %05/01/235,000 4,919 
ANGLESEA FDG PLC / ANGLESEA4.336 %01/05/235,000 4,996 
ANGLESEA FDG PLC / ANGLESEA4.353 %01/27/2310,000 9,966 
ARKANSAS ELEC COOP CORP4.323 %01/03/2313,500 13,494 
BANCO DEL ESTADO DE CHILE4.343 %01/27/2313,500 13,455 
BANCO SANTANDER SA4.763 %02/28/2310,000 9,924 
BANK CHINA LTD HONG KONG 4.609 %02/27/2313,500 13,399 
BANQUE ET CAISSE D EPARGNE4.573 %03/09/23250 248 
BANQUE ET CAISSE D EPARGNE4.398 %02/06/235,699 5,673 
BARCLAYS CAP INC 4.414 %02/09/2312,000 11,940 
BARTON CAP SA4.565 %02/24/238,000 7,944 
BPCE DISC 4.381 %02/01/2310,000 9,960 
BRITANNIA FDG CO LLC4.364 %01/19/234,045 4,035 
10




SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2022
(a)(b)(c)(d)(e)
 IDENTITY OF ISSUEDESCRIPTION OF INVESTMENTCOSTCURRENT
*    **VALUE
  couponmaturitypar/units  
    (000's) ($000's)
 BRITANNIA FDG CO LLC4.445 %02/07/237,958  7,920 
CANADA GOVT DISC4.621 %01/11/2315,000 14,979 
CANADA GOVT DISC4.494 %03/06/2315,000 14,877 
CANADIAN NATL RY CO 4.421 %02/08/2313,000 12,936 
CDP FINL INC4.352 %01/30/234,600 4,583 
CHESHAM FIN LTD5.000 %01/05/2315,000 14,989 
CHESHAM FIN LTD5.000 %03/14/2310,000 9,906 
CHINA CONSTR BK CORP4.359 %01/12/2313,500 13,479 
*CITIGROUP GLOBAL MKTS INC4.323 %01/03/2310,000 9,995 
CONCORD MINUTEMEN CAP CO4.508 %01/13/2310,000 9,983 
CORPORACION ANDINA 4.326 %01/09/2313,000 12,984 
CORPORACION ANDINA 4.336 %01/19/2315,000 14,964 
CREDIT AGRICOLE CORPORATE4.546 %02/28/2313,500 13,403 
CUMMINS INC 4.326 %01/04/2310,500 10,494 
 DBS BK LTD SINGAPORE4.595 %02/27/236,000 5,955 
DBS BK LTD SINGAPORE4.652 %03/10/2313,500 13,380 
 DEERE JOHN CAP CORP 4.370 %02/14/234,800 4,773 
EBURY FIN LTD4.362 %01/04/2310,000 9,994 
EBURY FIN LTD4.329 %02/02/2313,500 13,444 
EBURY FIN LTD4.478 %01/30/2313,500 13,449 
 FEDERATION DES CAISSES4.455 %02/07/232,300 2,289 
FEDERATION DES CAISSES4.615 %03/06/2313,500 13,388 
FIRST ABU DHABI BK 4.421 %02/08/2312,500 12,439 
FIRST ABU DHABI BK 4.373 %02/22/2313,500 13,409 
GLENCOVE FDG DAC / GLENCOVE4.467 %02/15/237,000 6,959 
GLENCOVE FDG DAC / GLENCOVE4.748 %03/13/2311,878 11,768 
GTA FDG LLC4.729 %03/29/2310,000 9,884 
HALKIN FIN LLC4.353 %01/26/2310,000 9,967 
HALKIN FIN LLC4.707 %03/15/2313,500 13,371 
INDL & COML BK CHINA4.442 %01/20/2315,000 14,961 
INDL & COML BK CHINA4.468 %01/25/2313,000 12,958 
INDL & COML BK CHINA4.577 %02/10/235,000 4,973 
J P MORGAN SECS LLC 4.383 %01/17/2312,000 11,974 
KEB HANA BK NEW YORK AGY4.576 %01/17/23393 392 
11



SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2022
(a)(b)(c)(d)(e)
 IDENTITY OF ISSUEDESCRIPTION OF INVESTMENTCOSTCURRENT
*    **VALUE
  couponmaturitypar/units  
    (000's) ($000's)
 KEB HANA BK NEW YORK AGY4.343 %03/06/2310,000  9,917 
KOCH INDS INC4.293 %01/03/2313,000 12,994 
KOCH INDS INC4.304 %01/13/2313,500 13,477 
KOOKMIN BK4.351 %01/25/2312,000 11,962 
KOOKMIN BK4.640 %03/09/23250 248 
KOREA DEV BK 4.351 %01/25/2310,000 9,969 
LEXINGTON PARKER CAP CO4.571 %03/03/2313,800 13,690 
LIME FDG LLC 4.346 %01/20/2313,500 13,466 
LLOYDS BK CORPORATE MKTS 4.375 %02/01/23250 249 
LMA S A / LMA AMERS LLC4.321 %01/12/238,000 7,988 
LMA S A / LMA AMERS LLC4.465 %02/09/232,650 2,637 
MACKINAC FDG CO LLC ASSET4.332 %01/05/231,800 1,799 
MACKINAC FDG CO LLC ASSET4.365 %01/18/2313,500 13,469 
MACQUARIE BK LTD4.496 %02/14/232,500 2,486 
 MAYBANK SINGAPORE LTD4.564 %03/10/2313,500 13,337 
MAYBANK SINGAPORE LTD4.918 %02/28/2310,000 9,925 
 MITSUBISHI UFJ TR & CORP N4.373 %02/06/2313,500 13,438 
MIZUHO BK LTD SINGAPORE4.672 %03/07/237,760 7,693 
MIZUHO BK LTD SINGAPORE4.773 %03/22/239,000 8,903 
MOUNTCLIFF FDG LLC4.703 %03/13/2313,500 13,373 
 MUFG BK LTD N Y BRH 4.448 %03/13/2310,000 9,911 
NATIONAL SECS CLEARING CORP4.464 %02/16/2313,500 13,420 
NATIXIS N Y BRH4.479 %03/03/23450 447 
NATIXIS N Y BRH4.530 %02/17/2310,000 9,941 
NRW BK 4.532 %03/08/239,250 9,172 
OESTERREICHISCHE4.407 %02/15/2315,000 14,914 
ONTARIO TEACHERS FIN4.592 %03/09/23275 273 
PACIFIC LIFE SHORT TERM 4.527 %02/27/2310,650 10,572 
PODIUM FDG TR4.652 %03/07/2313,500 13,384 
PSP CAP INC4.528 %02/27/2315,000 14,889 
PVTPL BARCLAYS BK4.414 %02/09/235,000 4,975 
PVTPL CDP FINL INC 4.724 %04/17/235,025 4,955 
PVTPL CROWN PT CAP CO LLC4.864 %01/23/235,000 4,985 
PVTPL LEGACY CAP CO LLC4.791 %03/08/238,000 7,929 

12




SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2022
(a)(b)(c)(d)(e)
 IDENTITY OF ISSUEDESCRIPTION OF INVESTMENTCOSTCURRENT
*    **VALUE
  couponmaturitypar/units  
    (000's) ($000's)
 QUEENSLAND TREAS CORP4.308 %01/24/2315,000  14,955 
REGATTA FDG CO LLC 4.783 %04/06/235,000 4,936 
ROCHE HLDGS INC4.294 %01/11/232,900 2,896 
ROYAL BK CDA4.535 %02/21/2313,000 12,914 
ROYAL BK CDA N Y BRH 4.326 %01/09/2310,000 9,988 
SALISBURY RECEIVABLES CO LLC 4.408 %02/06/235,000 4,977 
SUMITOMO MITSUI TR BK4.270 %01/10/2312,800 12,783 
SVENSKA HANDELSBANKEN AB4.419 %03/10/2312,000 11,898 
TORONTO DOMINION BANK Z/CPN4.606 %04/10/2312,000 11,846 
TOYOTA INDS COML FIN INC 4.419 %02/13/239,000 8,951 
UNILEVER CAP CORP4.317 %01/23/2313,500 13,461 
   TOTAL CORPORATE DEBT SECURITIES913,836 
*PARTICIPANT LOANS 3.75% to 7.50% Maturity from 1 to 60 months139,133 




*    Party in interest as defined by ERISA
**    Cost information is not required for participant-directed investments and, therefore, is not included.
















13



SCHEDULE H
EXXONMOBIL SAVINGS PLAN
SCHEDULE H, LINE 4i
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2022
(a)(b)(c)(d)(e)
 IDENTITY OF ISSUEDESCRIPTION OF INVESTMENTCOSTCURRENT
*    **VALUE
  couponmaturitypar/units  
    (000's) ($000's)
 COMMON/COLLECTIVE TRUSTS     
*NT S&P 500 INDEX FUND  320 4,607,813 
*NT EXTENDED EQUITY MARKET INDEX FUND 2,526 2,244,790 
*NT WORLD EX-US INVESTABLE MARKET INDEX FUND7,916 1,499,745 
*NT AGGREGATE BOND INDEX FUND 1,782 960,426 
*NT GOVERNMENT STIF FUND  134,309 134,309 
 TOTAL COMMON/COLLECTIVE TRUSTS 9,447,083 
 COMMON STOCK  
*EXXON MOBIL CORPORATION  76,065 8,389,883 
 
 TOTAL ASSETS HELD 21,251,644 

*    Party in interest as defined by ERISA
**    Cost information is not required for participant-directed investments and, therefore, is not included
14



Report of Independent Registered Public Accounting Firm

To the Administrator and Plan Participants of ExxonMobil Savings Plan

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of ExxonMobil Savings Plan (the “Plan”) as of December 31, 2022 and 2021 and the related statement of changes in net assets available for benefits for the year ended December 31, 2022, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2022 and 2021, and the changes in net assets available for benefits for the year ended December 31, 2022 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Supplemental Information

The supplemental Schedule H, Line 4i- Schedule of Assets (Held At End Of Year) as of December 31, 2022 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974.
In our opinion, the supplemental schedule is fairly stated, in all material respects, in relation to the financial statements as a whole.

 
 

/s/ PricewaterhouseCoopers LLP
Dallas, Texas
June 13, 2023
 
We have served as the Plan’s auditor since at least 1994. We have not been able to determine the specific year we began serving as auditor of the Plan.

15



SIGNATURE
 
 
 
The Plan.  Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Savings Plan) have duly caused this Annual Report to be signed by the undersigned hereunto duly authorized.
 
 
 
 ExxonMobil Savings Plan
  
  
 /s/ Joe Bob Allaire     
 Joe Bob Allaire
 Administrator-Accounting
  
Dated: June 13, 2023 

16



EXHIBIT INDEX
 
 
 
EXHIBIT
 
23Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm Dated June 13, 2023













































17