Angelina Jolie, Angela Lansbury, Steve Martin and Piero Tosi will each be honoured with a prize at the Academy's 5th Annual Governors Awards in November.
Angelina Jolie will be honoured with an Academy Board of Governors award.
The 38-year-old actress will receive the Jean Hersholt Humanitarian prize at the Academy's 5th Annual Governors Awards.
Her prize is presented ''to an individual in the motion picture industry whose humanitarian efforts have brought credit to the industry'' while Angela, Steve and Piero will received an Honorary Award ''to honour extraordinary distinction in lifetime achievement, exceptional contributions to the state of motion picture arts and sciences, or for outstanding service to the Academy''.
Academy president Cheryl Boone Isaacs said: ''The Governors Awards pay tribute to individuals who've made indelible contributions in their respective fields.''
She added they are ''excited'' to honour Angelina, Angela, Steve and Piero as they recongise their ''extraordinary achievement''.
She continued: ''We couldn't be more excited for this year's honorees and look forward to bringing their peers and colleagues together to celebrate their extraordinary achievements.''
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