106 Supply Chain and Business Partners In 2021, Valero spent approximately $1.8 billion on sustaining and growth projects. Our business partners are critical to our success and reliability. We work collaboratively to promote optimal performance and mutual success by embracing the highest standards of responsible operations. With our Conduct Guidelines for Business Partners, we reflect our expectations of high ethical standards and the unwavering requirement to act with integrity. We expect our business partners to commit to uphold Valero’s reputation as a company with high standards of business ethics and conduct, including in the following areas: • Anti-bribery and anti- corruption. • Fair employment practices. • Human rights. • Antitrust. • Gifts and entertainment. Institutional Investor Magazine Names Valero ‘Most Honored,’ with the CEO and CFO Among Top Named Executives For the sixth year in a row, Institutional Investor magazine named Valero among its “Most Honored Companies,” based on results across several categories of its “2022 All-America Executive Team” rankings. Joe Gorder, Valero Chairman and Chief Executive Officer, ranked Best CEO by the sell- side analysts in the integrated oil sector. Jason Fraser, Valero Executive Vice President and Chief Financial Officer, also ranked among top CFOs in the integrated oil sector. Homer Bhullar, Valero Vice President of Investor Relations and Finance, ranked Best IR professional by sell-side analysts in the integrated oil sector. Valero ranked among top-two overall (buy-side and sell-side analysts combined) for Best IR Team, IR Program, ESG, and Crisis Management of COVID-19 categories. • Information security. • Conflicts of interest. • Government contracting. • Intellectual property. • Corporate recordkeeping. • Small business engagement. • Insider trading. • Data privacy. • Health, safety and environmental. • International trade regulations. See page 111 for notes regarding this page and for non-GAAP disclosures.