Item 7.01 Regulation FD Disclosure
On October 7, 2021, Phillips 66 (the "Company") sent an email to certain
interested parties, including investors, notifying them of the website posting
of information regarding the Company's response to a shareholder proposal that
received majority support at the Company's 2021 Annual Meeting. The full text of
the email is below:
"At Phillips 66's Annual Meeting in May 2021, shareholders voted in favor of a
proposal requesting a report on climate lobbying activities. Today, we are
pleased to announce that we have published the Lobbying Activities Report that
we believe implements the request contained in the shareholder proposal. You can
find the report under the "Awareness & Education" section on
www.phillips66.com/sustainability/supplemental.
We are committed to being part of the solution to help the world address climate
change. We also are committed to being responsive and transparent to our
shareholders. Last week, we published meaningful and achievable GHG emissions
reduction targets, along with our plans on how we expect to achieve those
targets. This information also can be found on our website at
www.phillips66.com/newsroom/emissions-reduction-targets.
We hope that you find this new report useful and informative.
Thank you for your continued interest in Phillips 66."
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