#United States #Marathon Petroleum #Shareholders Meeting #Findlay #NYSE MPC

Marathon Petroleum Corp. to Host Virtual Annual Shareholders Meeting in 2025

Marathon Petroleum Corporation (NYSE: MPC), a major player in the downstream energy sector, has officially announced plans for its upcoming annual meeting of shareholders. Scheduled for April 30, 2025, at 10 a.m. ET, the meeting will be conducted in a virtual-only format through a live webcast. This decision reflects the company's commitment to environmental sustainability and the convenience of its shareholders.

Important Dates and Details

Only shareholders of record as of March 3, 2025, will be eligible to receive notifications regarding the meeting and participate in the voting process. The company encourages all eligible shareholders to engage in this important event. Comprehensive information detailing the process for accessing and participating in the virtual meeting is expected to be included in the forthcoming proxy statement.

Marathon Petroleum, headquartered in Findlay, Ohio, is widely recognized as the leading integrated downstream energy enterprise in the United States. The corporation operates the largest refining system in the country and maintains a robust marketing system that includes branded retail locations, most prominently recognized under the Marathon brand across various states.

Company Overview

Founded to deliver efficient energy solutions, Marathon Petroleum plays a significant role in the energy value chain, from crude oil processing to distribution. In addition to its refining capabilities, Marathon has extensive midstream operations via its majority stake in MPLX LP. This partnership encompasses a wide range of services, including gathering, processing, and transportation of crude oil and refined products, thus cementing its role as a stalwart in the midstream sector as well.

For further inquiries regarding the investor relations aspect, shareholders and potential investors can reach out to:

• - Kristina Kazarian, Vice President Finance and Investor Relations at (419) 421-2071
• - Brian Worthington, Senior Director of Investor Relations
• - Alyx Teschel, Director of Investor Relations

Moreover, the media can contact Jamal Kheiry, Communications Manager for any press-related inquiries.

Why It Matters

The announcement of the shareholders meeting is crucial in maintaining transparency and investor confidence. Virtual meetings have gained popularity as they allow greater participation from shareholders who may be unable to travel, thereby fostering a more inclusive environment. Marathon Petroleum's approach of conducting the meeting virtually also aligns with modern trends in corporate governance, promoting efficiency and accessibility.

As the energy landscape continues to evolve, Marathon Petroleum remains steadfast in its commitment to optimize operations, adapt to market changes, and uphold the interests of its stakeholders. The upcoming shareholders meeting will serve as an essential platform for discussing future strategies, financial performance, and developments within the company in light of both challenges and opportunities in the energy sector.

For updates and additional information leading up to the event, stakeholders are encouraged to visit the Marathon Petroleum official website regularly.

Conclusion

Marathon Petroleum's decision to host its annual meeting virtually highlights a forward-thinking approach to shareholder engagement. With important dates and meticulous details outlined, shareholders can prepare for participation in what promises to be an informative and pivotal meeting in 2025.