2026 Valero Report on Guiding Principles - Report - Page 3
Introduction
Safety
Environment
Employees
Community
Governance
Appendix
A Message from Our CEO
In 2025, we had our best year for
mechanical availability, personnel
safety, and environmental scorecard
performance – building on the
personnel and process safety
records we set in 2024. These
accomplishments are a testament to
our long-standing commitment to our
guiding principles.
We also achieved record re昀椀ning
throughput and ethanol production
in 2025. These accomplishments
re昀氀ect the hard work, expertise
and dedication of our entire team,
and highlight our operational and
commercial excellence.
We remain focused on the things that
have been a hallmark of our strategy –
maintaining operating excellence,
executing our projects well, discipline
Lane volunteering at St. PJ's Children's Home in San Antonio.
around capital investments and our
commitment to stockholder returns.
Our operational excellence begins
with our focus on the health, safety
and well-being of our employees and the communities where we operate. This will always be our top priority.
On the capital investment front, we continue to deliver on our commitment to grow Valero’s earnings capacity
through organic investments.
Our innovation efforts have made us a leading producer of liquid transportation fuels. We are leveraging our
global liquid fuels platform to expand our long-term competitive advantage through strategic investments in
economically viable low-carbon projects.
As I think about our community, I am proud of Valero’s culture and legacy of giving back, as demonstrated through
the Valero Texas Open and Bene昀椀t for Children, as well as the incredible generosity of our employees through
volunteerism and employee giving.
I am honored to work alongside our nearly 9,900 employees, whose innovation, ingenuity and unmatched
execution continue to advance liquid transportation fuels.
None of this would be possible without the unwavering support of our Board, stockholders, business partners and
other stakeholders.
We hope you enjoy learning more about Valero's culture and guiding principles. Thank you for your continued
support and trust.
R. Lane Riggs
Chairman, Chief Executive Of昀椀cer & President
Valero Report on Guiding Principles •
3