Renewable Diesel Driving Low Carbon Results

REFINING WORLD'S LARGEST INDEPENDENT REFINER الهم RENEWABLE DIESEL WORLD'S 2ND LARGEST RENEWABLE DIESEL PRODUCER ETHANOL WORLD'S 2ND LARGEST CORN ETHANOL PRODUCER GROWTH PROJECTS FOCUSED ON COST CONTROL, OPTIMIZATION AND MARGIN EXPANSION 15 lowest cost refineries producer million barrels per day | advantaged refining and logistics 3.2 of high-complexity 2020 SAFETY ratable wholesale supply of assets well positioned for feedstock and product optimization 1.2 million barrels per day or over 50% of our light products BEST YEAR EVER FOR Renewable Diesel Refining throughput capacity EXECUTING A VIABLE PATH TO REDUCE AND OFFSET GREENHOUSE GAS EMISSIONS Ethanol Wholesale HIGH RETURN PROJECTS WITH PRODUCTS PLACED INTO HIGH GROWTH, LOW CARBON MARKETS expanding to low carbon intensity renewable diesel million up to reduction 290 gallons 1.2 billion gallons produced from recycled animal fats, used 80% in GHG per year emissions per year cooking oil and inedible corn oil CONTINUE TO DEVELOP ADDITIONAL LOW CARBON GROWTH OPPORTUNITIES compatible with 100% existing engines and infrastructure DIAMOND GREEN DIESEL (DGD) DEVELOPING ECONOMIC PROJECTS TO FURTHER REDUCE CARBON INTENSITY 13 ethanol plants 1.7 billion gallons per year production capacity high-octane renewable fuel with lower CO2 emissions up to 30% reduction in GHG emissions existing logistics assets well positioned to support export growth REDUCING CARBON INTENSITY THROUGH ANNOUNCED CARBON SEQUESTRATION PROJECT INVESTOR PRESENTATION | JUNE 2021 Midstream Best-in-class producer of fuels and products that are essential to modern life Valero 3

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