Investor Presentaiton

RFO Production as % of Total RP Production MPC Well-Positioned Among U.S. Refiners M MARATHON MPC well-positioned to produce high value fuels and capture benefits from the adoption of low sulfur fuels regulations - given investments over past decade to enhance upgrading capabilities. Residual Fuel Oil Production 20% 15% 10% World Average 8.1% 5% MBPD Resid Upgrading & Distillate Hydrotreating Capacity 1,000 750 500 250 0 0% MPC VLO PSX XOM CVX BP U.S. Asia Pacific Europe South America Middle East CIS (FSU) ■Resid Upgrading Distillate Hydrotreating Sources: Joint Oil Data Initiative (JODI), O&GJ - PennWell Knowledge Center; resid upgrading includes coking, resid hydrocracking, resid deasphalting, and asphalt; distillate hydrotreating includes kerosene/jet, diesel, and other distillate desulfurization 17

View entire presentation