86 Valero’s Total Wellness & Rewards are a direct investment in our employees’ health, well-being and long-term financial security Designed and administered with our cultural values and business strategies in mind, our direct base and incentive compensation; comprehensive suite of benefits and retirement programs support our acquisition and retention of the best, brightest and most diverse talent in our industry. More importantly, from hire to retire, they support the overall well-being — health, wealth, and emotional — of our employees and their families. We believe that this investment in our greatest asset delivers the ultimate return – a happy, healthy and productive workforce, committed to the success of our company. Equal Pay Commitment Valero is committed to equal pay regardless of protected status. 99% GENDER 100% MINORITY PAY EQUITY RATIO (U.S.) Our approach: • Compensate employees fairly and equitably, verified by third party. • Pay for performance. • Provide competitive benefit offerings for every stage of life throughout a career and into retirement. • Foster an inclusive wellness culture for every employee. 100% OF VALERO EMPLOYEES EARN MORE THAN A LIVING WAGE MEDIAN-PAID EMPLOYEE: $198,219 * (TOTAL REWARDS) $1.2 BILLION DIRECT COMPENSATION $285 MILLION BONUS PAYMENTS $85 MILLION INCENTIVE STOCK AWARDS Global Compensation Total Wellness & Rewards 2021 Total People Investment $2.2 BILLION *See 2022 Proxy Statement, page 86.