6 MEXICO CITY CANADA UNITED STATES BENICIA WILMINGTON MCKEE ARDMORE THREE RIVERS BILL GREEHEY (CORPUS CHRISTI EAST AND WEST) TEXAS CITY HOUSTON PORT ARTHUR MERAUX ST. CHARLES MEMPHIS MOUNT VERNON LINDEN BLOOMINGBURG SAN ANTONIO ALBION AURORA HARTLEY WELCOME ALBERT CITY FORT DODGE CHARLES CITY JEAN GAULIN (QUEBEC) MONTREAL LAKOTA BLUFFTON MEXICO Our Business Three Reporting Segments Refining WORLD'S LARGEST INDEPENDENT REFINER • 15 petroleum refineries in the U.S., Canada and the U.K., with 3.2 million barrels per day of high-complexity throughput capacity. • 1.2 million barrels per day of ratable wholesale supply - more than 50% of our light-product production. • Lowest-cost operator, producing gasoline, diesel, jet fuel and other specialty products, including petrochemicals and asphalt. • Executing a viable and board-approved path to reduce and displace refinery Scope 1 and 2 GHG emissions by 100% by 2035. Renewable Diesel WORLD'S 2ND-LARGEST RENEWABLE DIESEL PRODUCER • Renewable diesel plant adjacent to the Valero St. Charles Refinery and a new renewable diesel plant adjacent to the Valero Port Arthur Refinery (expected to startup in Q4 2022). • Current annual production capacity: 700 million gallons of renewable diesel and 30 million gallons of renewable naphtha (used for renewable gasoline and renewable plastics). • Expected annual production capacity to increase in the fourth quarter of 2022: 1.2 billion gallons of renewable diesel and 50 million gallons of renewable naphtha. • Up to 80% reduction in life cycle GHG emissions, compared with petroleum diesel. • 100% compatible with existing engines and infrastructure. Ethanol WORLD'S 2ND-LARGEST CORN ETHANOL PRODUCER • 12 ethanol plants with annual production capacity of 1.6 billion gallons of ethanol and 4.2 million tons of distillers grains. • High-octane, low-carbon fuel offers at least 30% reduction in GHG emissions, compared with petroleum gasoline. • Developing carbon sequestration projects to further reduce carbon intensity.