Human Rights Policy Statement

Human Rights Policy Statement

This Policy Statement reflects Valero's commitment to respecting internationally recognized human rights principles throughout our operations and complying with all applicable laws and regulations. We clearly articulate our commitment to upholding these principles in our Code of Business Conduct and Ethics. In our Conduct Guidelines for Business Partners, we put forward our expectations for business partners to also uphold these principles and encourage them to develop their own approach in their operations consistent with these expectations.

Valero recognizes that governments are ultimately responsible for establishing and enforcing legal frameworks that protect human rights within their jurisdictions. Valero supports these efforts and integrates human rights considerations into our business practices to help promote respect and accountability across our operations.

While this Policy Statement is uniquely our own, it is informed by the:

• United Nations Guiding Principles on Business and Human Rights

• Universal Declaration of Human Rights

• International Labor Organization's Declaration on Fundamental Principles and Rights at Work

Valero's commitments that reflect our intent regarding human rights include:

We do not condone and strive to eliminate all forms of forced labor, child labor, slavery, and human trafficking in our workplace.

We strive to maintain safe, healthy, and secure workplaces.

We seek to compensate our employees fairly where they work, and provide benefits according to the jurisdictions in which we operate.

We do not condone and strive to eliminate all forms of discrimination or harassment in the workplace

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Human Rights Policy Statement

based on race, ethnicity, religion, sex, sexual orientation, disability, age, or any other status protected under applicable law.

We respect employees' rights to join or not join labor unions and are committed to bargaining in good faith with all legally recognized labor unions.

We strive to operate as a good neighbor, and look for opportunities to work with local officials and directly with neighboring communities, including indigenous people.

We promote and respect the rule of law and will comply with the applicable law in the countries where we do business. We operate within the framework of our Code of Business Conduct and Ethics. We maintain relevant policies and procedures to further our intended operations.

Valero's Board of Directors has delegated the functions and areas of oversight and responsibility related to human rights to its Sustainability and Public Policy Committee, and this Policy Statement is under the direct review and approval of Valero's Office of the General Counsel.

Valero is committed to advancing the future of energy through innovation, ingenuity and unmatched execution. To achieve this vision, we are guided by the five interlocking values of our Guiding Principles:

Safety, Environment, Community, Employees and Governance.

Valero has a large and diverse network of business partners and suppliers. We expect them to comply with all applicable laws and regulations; to avoid and eliminate all forms of forced labor, child labor and discrimination in the workplace; to respect their employees' rights to join, or not to join, a labor union; and to commit to bargain in good faith with all legally recognized labor unions. To accomplish this, we expect our business partners to be guided by the standards within this Policy Statement and our Conduct Guidelines for Business Partners, as they develop their own approach to respecting human rights.

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Human Rights Policy Statement

The Valero Code of Business Conduct and Ethics (Code) describes the standards for how we operate, incorporating our Culture Values into the way we make decisions. Our Code provides the guidance for our day-to-day work and the behaviors expected of us, as well as our legal and ethical responsibilities.

We will consult with relevant stakeholders regarding human rights-related concerns and issues and address them in a manner consistent with this Policy Statement. Valero will assess and escalate human rights issues and concerns regarding our business activity within the informed context of law, policy and our Code, and when doing so, we will act in accordance with our Culture Values.

There are resources available to address any questions or concerns about suspected or known unethical behavior, including human rights issues. In these situations, employees, business partners and other stakeholders are encouraged to report their concerns through the Valero Ethics Helpline, which is available toll-free, 24 hours a day, seven days a week and in local languages. The Ethics Helpline allows for reporters to remain anonymous, where the law permits. The Valero Ethics Helpline is available at EthicsHelpLine.Valero.com or by calling toll free 855-219-2495 (within the U.S. or Canada). If calling from outside the U.S. or Canada, use the telephone number listed on EthicsHelpLine.Valero.com.

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