Phillips 66 (the “Company”) held its Annual Meeting of Shareholders on May 8, 2019. The final results of the voting for each matter submitted to a vote of the shareholders at the meeting are as follows:

Item 1 – Election of Directors

The four nominated directors were each elected to serve a three-year term expiring at the Company’s 2022 annual meeting of shareholders and until his or her successor is elected and qualified, or until his or her earlier retirement, resignation, disqualification, removal or death.

Item 2 – Ratification of Selection of Independent Registered Public Accounting Firm

Ernst & Young LLP was ratified as the Company’s independent registered public accounting firm for fiscal year 2019. No Broker Non-Votes resulted from the vote on this proposal.

Item 3 – Advisory Vote to Approve Executive Compensation

The advisory vote to approve our executive compensation was approved.

Item 4 – Advisory Vote on the Frequency of Future Shareholder Advisory Votes to Approve Executive Compensation

One year was selected for the advisory vote on the frequency of future advisory votes to approve executive compensation based on the following votes:

Consistent with our Board of Directors’ recommendation in our 2019 Proxy Statement and the vote of our shareholders, our Board of Directors has determined that the advisory vote on executive compensation will occur on an annual basis (every “one year”).>

No other matters were submitted for shareholder action.

About Phillips 66 (NYSE:PSX)

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining and marketing, and specialties businesses. The Company operates its business through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment includes its equity investment in DCP Midstream , LLC (DCP Midstream) and its investment in Phillips 66 Partners LP. The Midstream segment consists of three business lines: Transportation, DCP Midstream and NGL. The Midstream segment also transports crude oil and other feedstocks to refineries and other locations, and delivers refined and specialty products to market, and provides storage services for crude oil and petroleum products. The Chemical segment manufactures and markets petrochemicals and plastics. The refining segment buys, sells and refines crude oil and other feedstocks into petroleum products. The M&S segment purchases for resale and markets refined petroleum products.