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EXXONMOBIL CAPEX OUTLOOK (1)<br />

Capex by Business Line<br />

$B<br />

W. Acquisitions<br />

I Chemical<br />

Downstream<br />

• Upstream<br />

'13 '14<br />

"IS-"! 7<br />

Average < $37B/year<br />

• Expect to invest $39.8B in 2014<br />

• Reduced Upstream spending<br />

• Selective Downstream and Chemical investments<br />

• Average less than $3 7B per year from 2015 to 2017<br />

(1) Source 2014 ExxonMobil Analyst Meeting (slide 33).<br />

27<br />

App. 378

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