A warrant allows existing shareholders to buy additional stock at a fixed price, otherwise known as the exercise price. Warrants typically have a longer duration until expiration, unlike other voluntary corporate actions, and may not expire for several years. Current shareholders will receive a notice via mail or email with the terms of the offer and the expiration date for instruction. OXY shareholders have received a temporary placeholder, OXYWS, outside of their Pie for this warrant offering.

You can let your warrants expire, liquidate your warrants, or request to exercise your warrants.

To let your warrants expire, no further action is needed by you. The temporary placeholder for these rights (OXYWS) will be removed from your account once the deadline for the offering passes, which is 8/3/2027.

Here is the information available for the OXY warrants offering:

TERMS:

EXPIRATION DATE: 08/03/2027

NOTE: THE EVENT WILL STAY OPEN FOR EXERCISE AND WILL REMAIN OPEN IF THE UNDERLYING SHARES REMAINS ABOVE $22.00 PER SHARE. FUNDS MUST BE AVAILABLE IN THE ACCOUNT.

If you would like to proceed and exercise your warrants, please contact us and let us know which option you would like to proceed with. From there, we will be able to assist you with your request.

Requests made 1-2 business days before the expiration date of 8/3/2027 are processed on a best-efforts basis.

Please note that there is a $50 fee per account in which the warrants offering is exercised.

Brokerage accounts on the M1 platform are either fully disclosed to APEX Clearing or cleared through M1 Finance LLC. Please look at your account statement to determine how your account is cleared.

All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future performance. Using margin can add to these risks. Users utilizing APEX cleared margin accounts should review the APEX margin account risk disclosure before borrowing. Users utilizing M1 cleared margin accounts should review the M1 margin account risk disclosure before borrowing. M1 Margin Loans are available on margin accounts with at least $2,000 invested per account. Not available for Retirement or Custodial accounts. Margin rates may vary.

Brokerage products and services are offered by M1 Finance LLC, Member FINRA / SIPC, and a wholly owned subsidiary of M1 Holdings, Inc.