NuStar Energy Investor Conference Presentation Deck

NuStar Renewable Fuels We Already Handle and Store a Significant Proportion of the Total Renewable Fuels Volumes in California, the Largest Driving State in the Nation 5% BIO NuStar's Proportionate Share of California's Renewable Fuels Market (First Quarter 2021 Total Volume¹) 18% C BIODIESEL 1 - Most recent available data ETHANOL 27% RENEWABLE DIESEL ★ We expect these percentages to continue to grow, along with associated EBITDA, as we complete additional projects, under construction or in development Source: California Air Resource Board (CARB) 21

View entire presentation