Former Executive Vice President of Corporate Strategy & President of Downstream at Cenovus Energy Independent: Yes Age: 67 Director since: 2024 Committees: A&FC N&GC PPSC (Chair) Executive Key Skills: Selected Skills and Experience Supporting Oversight of Phillips 66: Mr. Pease brings to the Board over 40 years of global industry expertise , along with considerable familiarity with Phillips 66 s businesses and assets from his time at Cenovus Energy, a partner in the former Wood River and Borger refinery joint venture He has significant refinery operations experience, along with a deep understanding of U.S. and global commodity markets following significant roles in trading, risk management, regulatory compliance, and commercial marketing during his time at Shell plc and Cenovus Energy In his prior roles, Mr. Pease was involved in optimizing refining assets and developing strategic decision modeling tools , which enhance the Board s ability to oversee execution across Phillips 66 s strategic priorities He has a strong track record of success in executing on complex business transformation efforts, including while serving as Chief Executive Officer of Motiva Enterprises LLC ("Motiva"), where he oversaw completion and integration of a major refinery expansion project and developed and implemented a rapid distribution and marketing growth strategy, increasing Motiva's branded, commercial and biofuels presence and generating increased profitability, and at Cenovus, where he led the early transformation of a Canadian upstream-focused oil and gas producer into a large, fully integrated oil company His leadership roles have included oversight of critical financial reporting-related responsibilities , including engagement of external auditors and credit rating agencies that are valuable to Phillips 66 and our A&FC Mr. Pease s prior involvement in public policy and government affairs , both in an operational capacity interacting with regulators and as a member of the Board of Governors of the Canadian Association of Petroleum Producers and a Board member of the American Fuels & Petrochemicals Manufacturers, brings connectivity to emerging opportunities and risks facing our businesses He has been an advocate for talent development and employee-related initiatives throughout his career and has held active roles within Catalyst, a leading global non-profit for the advancement of women in business, and was a member of the Executive Committee of the United Way of Greater Houston, providing alignment with Phillips 66 s mission to provide energy and improve lives while living our values Career Highlights: Cenovus Energy , a Canadian oil and natural gas company Director of U.S. Operations (2017 to 2018) President, Downstream, U.S. Operations (September 2017 to December 2017) Executive Vice President of Corporate Strategy & President of Downstream (2015 to 2017) Executive Vice President of Markets, Products & Transportation (2014 to 2015) Motiva Enterprises LLC , a downstream and midstream oil refining company Chief Executive Officer and President (2008 to 2014) Shell plc , a multinational oil and gas company President, Shell Trading (U.S.) Co. (2004 to 2008) Vice President of Trading and Shipping Operations (2004 to 2008)