2026 Valero Report on Guiding Principles - Report - Page 54
Anonymous Ethics Helpline
Code of Business Conduct and Ethics
The Audit Committee has also established
procedures for the receipt, retention,
and treatment of complaints regarding
accounting and auditing matters, and other
suspected or known unethical behavior
or violations of Valero’s company policies
(such as its Code of Business Conduct and
Ethics), including a method for anonymous
submission through a third-party operated
“Ethics Helpline” that is available in English,
French, and Spanish. Valero provides
employees, directors, business partners,
and others in its supply chain access to this
external helpline and strives to ensure that
reports into the Ethics Helpline are followed
up on, kept con昀椀dential, and can be made
anonymously and without fear of retaliation.
Valero's Code of Business Conduct and Ethics is reviewed and
approved by the Board and Valero’s executive management
team. Our Code provides guidance for our day-to-day work and
the behavior expected of us, as well as our legal and ethical
responsibilities. The Code focuses on the following commitments:
Our Ethics Helpline is a con昀椀dential external
helpline operated by a trained third party. It
is available toll-free, 24 hours a day, seven
days a week and in local languages.
COMMITMENT TO EACH OTHER
• Health, Safety and Environment
• Workplace Environment
• Community and Environmental
Justice
• Human Rights
• Data Privacy
COMMITMENT TO BUSINESS
PARTNERS
• Conduct Guidelines for Business
Partners
• Gifts and Entertainment
COMMITMENT TO SHAREHOLDERS
• Business Records and Internal
Controls
• Protecting Company Assets
Reports are investigated fairly and
thoroughly.
• Information Security
• Con昀氀icts of Interest and Corporate
Opportunities
• Insider Trading
Do you have a compliance question?
Contact the Compliance Department at
LegalCompliance@Valero.com or
210-345-5800
• Communications
COMMITMENT TO THE
MARKETPLACE
Do you wish to remain anonymous?
Con昀椀dential helpline available at
EthicsHelpline.Valero.com or
855-219-2495 within the U.S. & Canada
• Anti-Bribery and Anti-Corruption
If calling from elsewhere, use the numbers
listed on EthicsHelpline.Valero.com.
• International Trading
• Anti-Money Laundering
• Antitrust, Fair Dealing and
Competition
More than
491,000 hours
of employee
training were
conducted
in 2025 on
compliancerelated matters,
including
health,
safety and
environment,
regulatory
matters,
antitrust,
anti-bribery,
use of ethics
helpline, data
privacy and
information
security,
among others.
• Anti-Boycott
• Participating in Political Activities
Supply Chain Management
Conduct Guidelines for Business Partners
Valero's Conduct Guidelines for Business Partners describes the standards and expectations for Business Partners —
namely suppliers, vendors, contractors, consultants, distributors, agents, representatives and any third parties
or individuals acting on behalf of the company. Applicable in all countries where Valero operates, the Conduct
Guidelines for Business Partners re昀氀ect Valero's expectations of high ethical standards and the unwavering
requirement to act with integrity, including in the following areas:
54
• Anti-Bribery/Anti-Corruption
• Fair Employment Practices
• Antitrust/Fair Dealing and
Competition
• Gifts and Entertainment
• Information Security and
Intellectual Property
• Insider Trading
• Con昀氀icts of Interest
• Government Contracting and
Small Business Engagement
• Corporate Recordkeeping
• Health, Safety and Environment
• Legal Compliance
• Data Privacy
• Human Rights
• International Trade Regulations
