The Texas proposal passed with 71.3% of votes in support, according to preliminary results from the annual meeting.
The oil producer introduced a unique voting mechanism last year to allow retail investors to automatically cast their votes in lockstep with the board's recommendations.
The shareholder proposal requested the program be modified to add more options, including a way to automatically vote against Exxon management's stances.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.