CHEVRON CORP

Item 103 of Regulation S-K promulgated by the U.S. Securities and Exchange Commission (SEC) requires disclosure of certain legal proceedings that involve governmental authorities as a party and that the company reasonably believes would result in $1.0 million or more of monetary sanctions, exclusive of interest and costs, under federal, state and local laws that have been enacted or adopted regulating the discharge of materials into the environment or primarily for the purpose of protecting the environment. The following proceedings include those matters relating to second quarter 2024 and any material developments with respect to matters previously reported in Chevron’s 2023 Annual Report on Form 10-K.

As previously disclosed, the California Department of Conservation, California Geologic Energy Management Division (CalGEM) (previously known as the Division of Oil, Gas and Geothermal Resources) promulgated revised rules pursuant to the Underground Injection Control program that took effect April 1, 2019. Subsequent to that date, CalGEM issued Notices of Violation (NOVs) and two orders to Chevron related to seeps that occurred in the Cymric Oil Field in Kern County, California. Resolution of these alleged violations resulted in the payment of a civil penalty of $5.6 million on April 8, 2024.

As previously disclosed, on June 22, 2022, the California Department of Fish and Wildlife, Office of Spill Prevention and Response issued a Complaint - Notice of Violation to Chevron for alleged violations related to oil spills and impacted habitat and species occurring between January 2018 and May 2022 at different Chevron fields within Kern County, California. Resolution of these alleged violations resulted in the payment of a civil penalty of $7.5 million on April 10, 2024.

As previously disclosed, on March 17, 2022, the Texas Commission on Environmental Quality and Harris County, Texas filed a civil lawsuit against Pasadena Refining System, Inc. (PRSI), a subsidiary of Chevron, alleging violations of the Texas Clean Air Act in connection with a fire at PRSI’s Pasadena, Texas refinery. PRSI negotiated a resolution of the violations with the Texas Attorney General and Harris County, which was approved by the District Court of Harris County, Texas, 55th Judicial District on June 5, 2024. Resolution of these alleged violations resulted in the payment of a civil penalty of $1 million, plus $80,000 for plaintiffs’ attorney costs, on June 14, 2024.

On May 20, 2024, the New Mexico Environment Department issued a Notice of Violation to Chevron for alleged violations of state and federal regulations of air quality between October 2022 and September 2023 at different Chevron facilities in New Mexico. Resolution of the alleged violations may result in the payment of a civil penalty of $1.0 million or more.

Please see information related to other legal proceedings in Note 11 Litigation.