The Chevron Way is also the ethical way, and the company has a prestigious award to show
prospective employees a principled approach is embedded in every aspect of its operations.
Chevron Canada Resources was the 2006 recipient of the Ethics in Business Award of
Distinction, sponsored by the Certified Management Accountants of Alberta and the Alberta
Chambers of Commerce.

Spokesperson Lorelei Piotto says the award meant a lot to Chevron’s employees who were
proud their everyday work standards of honesty and integrity met the strict criteria of the
judges.

“The award is something we point to as evidence of how Chevron behaves, not just in
Canada but, really, all over the world,” says Piotto. “We really take this seriously.”
As the company gears up for campus recruitment, Piotto says it will point proudly to the Ethics
Award of Distinction.

“It gives potential new candidates confidence in coming to work for Chevron,” she notes. “I
think it differentiates us from our competitors.”

The Alberta Chambers of Commerce, which hosts the annual Alberta Business Awards of
Distinction, believes in the importance of ethical practices. In an effort to stress the need to set
high standards, Allan Wachowich, Chief Justice of the Alberta Court of Queen’s Bench, will
give a briefing at the 2007 awards gala in February. His topic is Business Ethics: The Buck
Stops Somewhere.

For further information, please contact:

Tracy Elofson, Manager Events Lorelei Piotto
Alberta Chambers of Commerce Chevron Canada Resources
1.800.272.8854  Ext. 2 403.234.5650