ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT • 11 We often update our ESG reports and disclosures. The latest versions are available on our website at www.valero.com > Investors > ESG. Upcoming ESG Disclosures • 2022 TCFD Report with Scenario Analysis (IEA's Net Zero 2050). • Value chain analysis. • Political and lobbying activities, including a climate-lobbying analysis. Social: • $62 million generated in 2021 for charitable giving to the communities where we live and work. • Actively supporting a formal environmental justice policy . • Competitive pay and benefits that reward innovation, ingenuity and excellence. • Hiring and promoting only the best , while improving the diversity of our workforce. • Maintaining 99%-100% pay equity ratios for gender and minority status. • Delivering merit and bonus payouts , and maintaining comprehensive benefits amid the pandemic. • Ensuring a best-in-class, inclusive work environment. • Including DEI metrics in the strategic portion of annual bonus. • Enhancing personal and professional growth and development opportunities to enable all employees to reach their full potential. • Publishing EEO-1 Report* on an annual basis (see page 110). Governance: • Political Disclosures and Climate-Lobbying Alignment*: Including political disclosures and a climate-lobbying alignment analysis. • Linking ESG, Climate Goals and Executive Compensation: • Energy Transition Modifier to Performance Shares: Modifier added to the executive long-term incentive program tying pay with our GHG emissions reduction target for 2025 and the deployment of growth capital to low-carbon projects. • ESG Component of Annual Bonus: In addition to HSE performance metrics, ESG efforts and improvements are also part of the annual bonus program. • Board Diversity and Refreshment: 60% of our independent directors represent diversity of either gender or race/ethnicity. • Diversity for Board Nominee and Executive Officer Searches: Outside searches include diverse candidates for executive officers and board nominees. • Cybersecurity and Incident Evaluation and Updates: Senior management delivers prompt and transparent update reports to the Audit Committee on matters respecting cybersecurity and IT risks. • Corporate Policies: Adopted several new or updated corporate policies, including a new Conduct Guidelines for Business Partners. • Enhanced Training and Communications: Valero’s compliance program includes mandatory training for all employees on our Code of Business Conduct and Ethics, a comprehensive compliance communications program and an ethics helpline and interactive website for online reporting. *These reports are produced annually.