On August 17, 2022, Messrs. Allen C. Capps and Stephen J. Neyland resigned from the Board of Directors of the General Partner, and Messrs. Kevin Mitchell and Todd Denton were appointed by DCP Midstream, the owner of the General Partner, to serve on the Board.

Neither Mr. Mitchell nor Mr. Denton has been appointed to any committee of the Board at this time. Mr. Mitchell currently serves as Executive Vice President, Finance and Chief Financial Officer of Phillips 66, a position he has held since January 2016. Previously, Mr. Mitchell served as Vice President, Investor Relations of Phillips 66 from September 2014 to January 2016.

Mr. Denton currently serves as Senior Vice President of Health, Safety and Environment (HSE), and Projects of Phillips 66, a position he has held since June 2022. Previously, Mr. Denton served in various positions within the midstream business of Phillips 66, most recently as Vice President of Midstream Operations. He also served as President of Phillips 66 Pipeline LLC from 2012 to 2022.

Neither Mr. Mitchell nor Mr. Denton will receive compensation for serving on the Board other than through their employment with Phillips 66. Since the beginning of the Partnership's last fiscal year, neither Mr. Mitchell nor Mr. Denton nor their respective immediate family members have any direct or indirect material interest in any existing or proposed transaction, arrangement, or relationship with the General Partner or the Partnership or any director or executive officer of the General Partner or immediate family member thereof in which the amount involved exceeds $120,000.