Charles W. “Wick” Moorman Nominated to Chevron Board of Directors

Chevron Corporation (NYSE: CVX) announced that Charles W. “Wick” Moorman
has been nominated for election to Chevron’s board of directors. Moorman
will be part of the slate of board nominees to be considered for
election to Chevron’s board at the company’s Annual Meeting of
Stockholders on May 30.

Moorman, 60, is chairman, chief executive officer and president of
Norfolk Southern Corporation, one of the nation’s premier transportation
companies. A 23-year veteran of Norfolk Southern, Moorman has served in
numerous executive capacities, including senior vice president of
Corporate Planning and Services, senior vice president of Corporate
Services, and president of Thoroughbred Technology and
Telecommunications, Inc., a subsidiary of Norfolk Southern.

Moorman serves on the board of directors of WHRO Public Broadcasting and
the University of Virginia Medical Center operating board. He also
serves as a trustee of the Chesapeake Bay Foundation, the Chrysler
Museum of Art and the Nature Conservancy of Virginia.

Moorman earned his bachelor’s degree in civil engineering from Georgia
Institute of Technology and his MBA from Harvard Business School.

Additional Information About the Annual Meeting

Chevron intends to file with the Securities and Exchange Commission (the
“SEC”) and make available to its stockholders a proxy statement
containing information about Chevron and the matters to be considered at
the 2012 Annual Meeting of Stockholders, including the election of
directors. Stockholders are urged to read the proxy statement carefully
when it is available, as it will contain important information that
stockholders should consider before making a decision regarding the
election of directors and the other matters to be acted on at the Annual
Meeting. Chevron stockholders will also be able to obtain the proxy
statement, as well as other filings containing information about Chevron
without charge at the SEC’s website (http://www.sec.gov)
and at Chevron’s website (http://www.chevron.com).
Stockholders will be able to obtain printed copies of these documents
without charge by requesting them online (http://investor.chevron.com)
or in writing from Chevron Corporation, 6001 Bollinger Canyon Road, San
Ramon, CA 94583, Attn: Corporate Secretary.

Chevron and its executive officers and directors may be deemed to be
participants in the solicitation of proxies from Chevron’s stockholders
with respect to the election of directors and other matters to be
considered at the Annual Meeting. Information regarding any interests
that Chevron’s executive officers and directors may have with respect to
the matters to be discussed at the Annual Meeting will be included in
the proxy statement.

Chevron is one of the world’s leading integrated energy companies, with
subsidiaries that conduct business worldwide. The company is involved in
virtually every facet of the energy industry. Chevron explores for,
produces and transports crude oil and natural gas; refines, markets and
distributes transportation fuels and lubricants; manufactures and sells
petrochemical products; generates power and produces geothermal energy;
provides energy efficiency solutions; and develops the energy resources
of the future, including biofuels. Chevron is based in San Ramon, Calif.
More information about Chevron is available at www.chevron.com.

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