| Explanation of
Responses: |
| (1) |
This number represents the
reporting person's shares of Chevron Corporation common stock under
the Chevron Corporation Employee Savings and Investment Plan, a
401(k) plan. |
| (2) |
Option granted 1/28/2015.
One-third of the shares subject to the option vested on each of the
first, second and third anniversaries of the date of
grant. |
| (3) |
The Reporting Person
disclaims beneficial ownership of all shares underlying these
securities. |
| (4) |
Option granted 1/27/2016.
One-third of the shares subject to the option vested on each of the
first, second and third anniversaries of the date of
grant. |
| (5) |
Option granted 1/25/2017.
One-third of the shares subject to the option vested on January 31,
2018, January 31, 2019 and January 31, 2020,
respectively. |
| (6) |
Option granted 1/31/2018.
One-third of the shares subject to the option vested on January 31,
2019, January 31, 2020 and January 31, 2021,
respectively. |
| (7) |
The Reporting Person
disclaims beneficial ownership of 4,633 shares underlying these
securities. |
| (8) |
Option granted 1/30/2019.
One-third of the shares subject to the option vested on January 31,
2020, January 31, 2021 and January 31, 2022,
respectively. |
| (9) |
The Reporting Person
disclaims beneficial ownership of 2,822 shares underlying these
securities. |
| (10) |
Option granted 1/29/2020.
One-third of the shares subject to the option vested on January 31,
2021, and one-third of the shares vested on January 31, 2022. The
balance of the shares vests on January 31, 2023. |
| (11) |
Option granted 1/27/2021.
One-third of the shares subject to the option vested on January 31,
2022, and one-third of the shares subject to the option will vest
on January 31, 2023 and January 31, 2024, respectively. |
| (12) |
Option granted 1/26/2022.
One-third of the shares subject to the option vest on January 31,
2023, January 31, 2024 and January 31, 2025,
respectively. |
| (13) |
Each phantom stock unit is
the economic equivalent of one share of Chevron Corporation common
stock. The phantom stock units, which are issued under the Chevron
ESIP-RP, are payable in cash upon the reporting person's retirement
or other termination of service. |
| (14) |
Restricted stock units
granted on January 31, 2018 under the Chevron Corporation Long-Term
Incentive Plan. Each restricted stock unit is the economic
equivalent of one share of Chevron Corporation common stock.
Restricted stock units accrue dividend equivalents in the form of
additional restricted stock units and are payable in cash upon
vesting on January 31, 2023. |
| (15) |
The Reporting Person
disclaims beneficial ownership of 502 shares underlying these
securities. |
| (16) |
Restricted stock units
granted on January 30, 2019 under the Chevron Corporation Long-Term
Incentive Plan. Each restricted stock unit is the economic
equivalent of one share of Chevron Corporation common stock.
Restricted stock units accrue dividend equivalents in the form of
additional restricted stock units and are payable in cash upon
vesting on January 31, 2024. |
| (17) |
The Reporting Person
disclaims beneficial ownership of 365 shares underlying these
securities. |
| (18) |
Restricted stock units
granted on January 29, 2020 under the Chevron Corporation Long-Term
Incentive Plan. Each restricted stock unit is the economic
equivalent of one share of Chevron Corporation common stock.
Restricted stock units accrue dividend equivalents in the form of
additional restricted stock units and are payable in cash upon
vesting on January 31, 2025. |
| (19) |
Restricted stock units
granted on January 27, 2021 under the Chevron Corporation Long-Term
Incentive Plan. Each restricted stock unit is the economic
equivalent of one share of Chevron Corporation common stock.
Restricted stock units accrue dividend equivalents in the form of
additional restricted stock units and are payable in cash upon
vesting on January 31, 2026. |
| (20) |
Restricted stock units
granted on January 26, 2022 under the Chevron Corporation Long-Term
Incentive Plan. Each restricted stock unit is the economic
equivalent of one share of Chevron Corporation common stock.
Restricted stock units accrue dividend equivalents in the form of
additional restricted stock units and are payable in cash upon
vesting on January 31, 2027. |
| (21) |
Restricted stock units
granted on January 27, 2021 under the Chevron Corporation Long-Term
Incentive Plan. Each restricted stock unit is the economic
equivalent of one share of Chevron Corporation common stock.
Restricted stock units accrue dividend equivalents in the form of
additional restricted stock units and are payable in cash upon
vesting on January 31, 2024. |