Phillips 66 · NYSE:PSX
Phillips 66 — Shareholder Meeting (May 2023)
10 slides from Phillips 66's shareholder meeting presentation, May 10, 2023
Slide 1: Annual Meeting of Shareholders
PHILLIPS (66) ® PROVIDING ENERGY. IMPROVING LIVES. Annual Meeting of Shareholders | MAY 10, 2023
Slide 2: Business Review
® PROVIDING ENERGY. IMPROVING LIVES. Business Review Mark Lashier President and CEO May 10, 2023 ICEAN, TX
Slide 3: Cautionary Statement
a Cautionary Statement This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby.
Slide 4: Board of Directors
MOY WLR Ay From left to right: Julie L. Bushman, John E. Lowe, Charles M. Holley, Denise R. Singleton, Marna C. Whittington, Gregory J. Hayes, Mark E. Lashier, Greg C. Garland, Glenn F. Tilton, Lisa A. Davis, Douglas T. Terreson, Denise L. Ramos, Gary K. Adams SB
Slide 5: 2022 Performance Highlights
2022 Performance Highlights Mission Financial and Operating Results Providing Energy. Improving Lives. Values Safety. Honor. Commitment. Achieved record safety performance Generated operating cash flow of $10.8 B Returned $3.3 B to shareholders Paid down $2.4 B of debt Achieved Business Transformati
Slide 6: Sustainable Business Practices
Sustainable Business Practices Environmental Targets to lower GHG emissions intensity from 2019 baseline 50% scope 1 and 2 by 2030 15% scope 3 by 2030 50% scope 1 and 2 by 2050 Social 680,000 hours volunteered since 2012 $280 MM invested in our communities since 2012 42% of our U.S. hires were from
Slide 7: Strategic Priorities
— Strategic Priorities Deliver Shareholder Cash Returns Improve Refining Performance Capture Value from Wellhead-to-Market Execute Business Transformation Maintain Financial Strength and Flexibility Drive Disciplined Growth and Returns BS 6
Slide 8: Total Shareholder Return
a Total Shareholder Return Total Shareholder Return & PSX +330% 380% S&P 100 +275% 340% Peers +249% 300% 260% 220% 180% 140% 100% 60% 20% -20% May-12 May-13, May-14 May-15, May-16 May-17, May-18 May-19 May-20 May-21 May-22 May-23, pendix for ad
Slide 9: Integrated, Diversified Portfolio
Integrated, Diversified Portfolio Oy os San Francisco @ mses Angeles i GLOBAL ASSETS MAP LEGEND @ Batteries @ Coke Facility @ cPchem Bi] cPChem Facility (OP) @ /— Crude Terminal/Pipeline @ Fractionator & Gas Plant © Hydrogen Fueling © Lubricants Facility @ /— NGL/LPG Terminal/Pipeline {J NGL/LPG Und
Slide 10: Footnotes
| Footnotes General Information disclosed is as of December 31, 2022, unless noted otherwise. Numbers may not appear to tie due to rounding. Chevron Phillips Chemical may be abbreviated as CPChem. Date Conventions 22 is as of December 31, 2022, or the twelve-month period ended December 31, 2022 as a