VLO · Valero Energy elected Matthew Audette, President and CFO of LPL…

Valero Energy elected Matthew Audette, President and CFO of LPL Financial, as an independent director and Audit Committee member, effective September 17, 2026. The board also approved a modest $10,000 increase to both the annual cash retainer and equity grant components of the non-employee director compensation program starting in 2027. This is a routine board appointment with no material financial impact.

• Board size increased to 11 members with the election of Matthew Audette as an independent director.
• Audette is President and CFO of LPL Financial Holdings Inc. (NASDAQ: LPLA).
• Audette received a pro-rata equity grant of 372 stock units vesting on the first anniversary and a pro-rata cash retainer of $101,667.
• The Board's Human Resources and Compensation Committee approved a $10,000 increase to both the annual cash retainer and equity grant components of the non-employee director compensation program beginning in 2027.