Renewable Diesel Driving Low Carbon Results slide image

Renewable Diesel Driving Low Carbon Results

Investing to Improve Access to North American Crude and Lower Refinery Operating Cost Structure GROWTH PROJECTS FOCUSED ON OPTIMIZATION AND MARGIN CAPTURE Completed Diamond Pipeline project with 200 MBPD capacity connecting Memphis to Cushing and Sunrise Pipeline 100 MBPD undivided interest connecting Midland to Wichita Falls Red River Pipeline 74 MBPD undivided interest connecting Ardmore to Cushing 200,000 BPD expansion of Diamond Pipeline expected to be completed in 4Q21 Provides additional Mid- Continent crude access to our McKee, Ardmore and Memphis refineries Improves crude oil supply flexibility, efficiency and blend quality Provides additional Mid-Continent crude flexibility to the Ardmore refinery Navigator Glass Mountain Pipeline Connection with 50 MBPD capacity connecting McKee to Cushing Reversal and extension in service April 2021 Provides Mid-Continent crude flexibility and security of supply to the McKee refinery GROWTH PROJECTS FOCUSED ON COST CONTROL AND MARGIN EXPANSION Wilmington cogeneration Pembroke cogeneration unit unit started up in 2017 Diamond and Sunrise Pipelines Diamond Pipeline Cogeneration Plants (£130 MM or $170 MM cost) scheduled to be completed in 3Q21 Expect to reduce costs and improve supply reliability for power and steam Wilmington Cogeneration Plant INVESTOR PRESENTATION | JUNE 2021 Valero 38
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