Item 5. Other Information

At Occidental’s 2023 Annual Meeting of Shareholders held on May 5, 2023, Occidental’s shareholders voted on, among other matters, a proposal regarding the frequency of future advisory votes on named executive officer compensation. As previously reported, Occidental’s Board of Directors views an annual advisory vote on named executive officer compensation as the most appropriate option for Occidental and its shareholders, and 98.26% of the votes cast on the frequency proposal supported the Board of Directors’ recommendation. Accordingly, Occidental will hold future advisory votes on named executive officer compensation every year until the next advisory vote on the frequency of such votes, which, per applicable law, will occur no later than Occidental’s Annual Meeting of Shareholders in 2029.

During the three months ended June 30, 2023, no director or Section 16 officer of Occidental adopted or terminated any Rule 10b5-1 trading arrangements or non-Rule 10b5-1 trading arrangements (in each case, as defined in Item 408(a) of Regulation S-K).