To Our Stakeholders Our Approach to Sustainability Our Businesses: Today and Tomorrow Environment and Safety Governance Task Force on Climate-related Financial Disclosures Analysis (TCFD) Stakeholder Engagement Performance Data 2 3 4 16 38 46 54 62 CONTENTS 1 Find Sustainability Accounting Standards Board Disclosures (SASB), company policies, key governance documents and related information on the Phillips 66 Supplemental Information site. p. 31 Water is essential. We are responsibly managing this critical natural resource by prioritizing projects that improve efficiency and decrease our water footprint. Ponca City Refinery PONCA CITY, OK p. 6 We are committed to helping the world address climate change. We have meaningful, achievable and comprehensive 2030 and 2050 greenhouse gas (GHG) emissions reduction targets. San Francisco Refinery RODEO, CA