The completion of the full conversion of the Rodeo Renewable Energy Complex positions Phillips 66 as a frontrunner in the renewable fuels sector. By reaching the milestone of 50,000 BPD production capacity, Phillips 66 not only meets the increasing demand for renewable diesel and SAF but also significantly contributes to reducing carbon emissions. The inclusion of new pre-treatment units that process lower carbon intensity feedstocks underscores the company's commitment to sustainable practices. This strategic move aligns with global energy transition goals and strengthens Phillips 66’s market presence on the West Coast, promising substantial long-term value for shareholders.