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Engine No. 1 wins at least 2 Exxon board seats as activist pushes for climate strategy change

  • Engine No. 1 won at least two board seats at Exxon's annual shareholder meeting on Wednesday.
  • The activist fund, which has a 0.02% stake in Exxon, has been targeting the company since December over the oil giant’s need to shift away from fossil fuel dependency.
  • The vote over a third candidate proposed by Engine No. 1 was still too close to call.

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