other governance measures

Anti-takeover Measures: Occidental does not have a stockholder rights plan (poison pill), classified board or similar anti-takeover devices. 

Confidential Voting: All proxies, ballots and other voting material that identify how a stockholder voted are kept confidential except to permit tabulation by an independent tabulator, to comply with law, to satisfy a stockholder's request for disclosure, in connection with a contested proxy solicitation or if a stockholder writes a comment on a proxy card or ballot.

Code of Business Conduct: On February 13, 1997, the Board of Directors adopted a comprehensive Code of Business Conduct applicable to all directors, officers and employees that reaffirms Occidental's commitment to high standards of ethical conduct and reinforces Occidental's business ethics, policies and procedures.  The Code of Business Conduct as amended in 2004, includes Occidental's policies, concerning among other things, compliance with laws, rules and regulations (including insider trading laws), conflicts of interest (including corporate opportunities) and protection of corporate assets.  The Audit Committee is responsible for monitoring compliance with the Code of Business Conduct.