Investor Presentaiton

Disciplined Capital Allocation Policy Across the Enterprise M MARATHON Consolidated capital return target: ≥ 50% of discretionary free cash flow 1 - Annual dividend target: ≥ 10% growth MLP distributions as guided - Share repurchases Dividends & Distributions Growth Capital Expenditures Share Repurchases 1 Capital return includes dividends paid to MPC shareholders, MPLX and ANDX distributions paid to public unitholders, and MPC share repurchases; discretionary free cash flow = consolidated operating cash flow less maintenance and regulatory capex. Note: pie chart is for illustrative purposes only. 50

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