Chevron Corporation · NYSE:CVX

Chevron — Corporate Update (December 2012)

4 slides from Chevron's corporate update, December 2012

1. Slide 1: Richmond Refinery

   Richmond Refinery December 2012 © 2012 Chevron U.S.A., Inc.

2. Slide 2: Crude Unit Overview

   Crude Unit Overview Crude Additional Atmospheric Column Unit Process Units Products Gasoline Crude Jet Oil Diesel Vacuum Column Lubricant Base Oil Fuels 65% of jets at Powers 20% of cars on The only lubricant base oil Bay Area airports Bay Area roads producer on the West Coast © 2012 Chevron U.S.A.,

3. Slide 3: Crude Unit Repair

   Crude Unit Repair The August 6 fire damaged less than 20% of the Crude Unit. The Crude Unit capacity will remain the same. © 2012 Chevron U.S.A., Inc. 3

4. Slide 4: Crude Unit Inspection & Repair

   Crude Unit Inspection & Repair  Inspect: – Atmospheric column and other neighboring equipment  Repair and Replace: – Process Equipment • pressure vessels • piping • pumps, valves, connectors – Support Structures – Instrumentation & Electrical  Reduce Emissions: – Valves, flanges, and pumps • Use

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