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VALERO OPEN AND BENEFIT FOR CHILDREN RAISE RECORD $12 MILLION 2018 Event Pushes All-time Total to $138 Million, One of Top Three on PGA TOUR

SAN ANTONIO, April 23, 2018 — The Valero Texas Open and Benefit for Children raised $12 million, setting a record high for the fourth straight year. The amount, which once again is expected to be among the highest on the PGA TOUR, brings the total to $138 million over the 96-year history of the tourney.

Since Valero's title sponsorship began in 2002, more than 4,000 grants have gone to worthy charities in communities across the where Valero has major operations. Employees select the charities to receive support.

"We are honored to share the incredible impact that the Valero Texas Open and Benefit for Children tournaments have on charities nationwide," said Martin Parrish, Valero Vice President-Alternative Fuels and the Tournament Chairman.

The Valero Texas Open concluded yesterday at TPC , crowning new champion , who earned his first PGA TOUR win with a two-shot victory. Benefit for Children events today will include tournaments on 13 courses in the San Antonio area, as well as a sporting clays shooting competition. More than 1,700 volunteers work the combined Valero Texas Open and Benefit for Children.

Valero Texas Open is one of four tournaments in the history of the PGA TOUR to eclipse $100 million in charitable giving, making it one of the three most-charitable events on the tour worldwide. Valero has raised that amount and more in just 17 years of title sponsorship.

Valero announced in October that it extended its contract with the PGA TOUR to host the Valero Texas Open another 10 years, beginning in 2019 and through 2028.

About Valero Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. Valero, a Fortune 50 company based in San Antonio, Texas, with approximately 10,000 employees, is an independent petroleum refiner and ethanol producer, and its assets include 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day and 11 ethanol plants with a combined production capacity of 1.45 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S. In addition, Valero owns the 2 percent general partner interest and a majority limited partner interest in Valero Energy Partners LP, a midstream master limited partnership. Valero sells its products in both the wholesale rack and bulk markets, and approximately 7,400 outlets carry Valero's brand names in the U.S., Canada, the U.K. and Ireland. Please visit www.valero.com for more information.

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