Table of Contents. Information current as of Dec. 31, 2014, unless otherwise noted.

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2 Table of Contents Refining 2 Garyville 3 Galveston Bay 4 Catlettsburg 5 Robinson 6 Detroit 7 Canton 8 Texas City 9 MPC Supply 10 Terminal, Transport & Rail 11 Marine 11 Pipeline Transportation 12 MPLX LP 13 Sales & Marketing 14 Brand Marketing 15 Speedway LLC 16 Corporate Citizenship Glossary 19 Information current as of Dec. 31, 2014, unless otherwise noted.

3 Based in Findlay, Ohio, Marathon Petroleum Corporation (MPC) is the nation s fourth largest crude oil refiner with more than 1.7 million barrels per calendar day of capacity in its seven refinery system. MPC s marketing network comprises approximately 2,750 Speedway convenience stores, approximately 5,460 Marathon Brand retail outlets with approximately 590 retail outlet contract assignments primarily in the Southeast and select Northeast states, and a large wholesale business. MPC serves the Midwest, Southeast, Northeast and Gulf Coast as a petroleum products marketer, with 81 owned and operated light product and asphalt terminals. MPC owns, leases or has ownership interests in approximately 8,300 miles of pipeline. MPC s roots reach back to the earliest years of the oil industry in the United States. For more information on Marathon Petroleum Corporation, visit its website at Page 1

4 Galveston Bay: 451,000 BPCD Texas City: 84,000 BPCD Robinson: 212,000 BPCD Garyville: 522,000 BPCD Detroit: 130,000 BPCD Canton: 90,000 BPCD Catlettsburg: 242,000 BPCD Refining Total crude oil refining capacity: 1,731,000 BPCD Approximately 9.6% of total U.S. capacity Crude oil throughput in 2014: 1,622 MBPD Feedstock/Blendstock throughputs in 2014: 184 MBPD Marketing in 2014 Consolidated refined product sales: (1) 2,125 MBPD Consolidated refined product purchases: (2) 332 MBPD (1) Total company sales (2) MPC plus Speedway third-party purchases Page 2

5 Garyville Refinery MPC s Garyville refinery, completed in 1976, is the last major grassroots refinery built in the U.S. Located on the Mississippi River, midway between New Orleans and Baton Rouge, La., the refinery receives crude oil delivered via the Mississippi River and Louisiana Offshore Oil Port and from Gulf of Mexico production. In 2009, MPC completed a major expansion project, which provided a significant increase in crude oil refining capacity. MPC continues to optimize the refinery and has increased its crude oil capacity to the current level of 522,000 bpcd, making it the third largest refinery in the U.S. Crude oil capacity: 522,000 bpcd Crude Oil Supply: A wide variety of both sweet and sour crude oils Operations: Crude distillation, hydrocracking, catalytic cracking, hydrotreating, reforming, alkylation, isomerization, sulfur recovery and coking Products: Gasoline, distillates, fuelgrade coke, asphalt, polymer-grade propylene, propane, slurry, sulfur and dry gas Product Distribution: Pipeline, transport truck, barge, rail and ocean tanker Employees: Approximately 925 Page 3

6 Galveston Bay Refinery MPC s Galveston Bay refinery was acquired in The plant is one of the largest and most complex refineries in the U.S. It is well positioned on the Texas Gulf Coast, with the flexibility to receive and process a wide range of crude oils, and is strategically located to distribute finished products to the Midwest, Mid- Atlantic, New York Harbor, Southeastern U.S. and export markets including Mexico, South America and Europe. Crude oil capacity: 451,000 bpcd Crude Oil Supply: A wide variety of both sweet and sour crude oils Operations: Crude distillation, hydrocracking, catalytic cracking, hydrotreating, reforming, alkylation, aromatics extraction, sulfur recovery and coking Products: Gasoline, distillates, aromatics, refinery-grade propylene, heavy fuel oil, fuel-grade coke, dry gas and sulfur Product Distribution: Pipeline, barge, transport truck, rail and ocean tanker Employees: Approximately 1,900 Page 4

7 Catlettsburg Refinery MPC s Catlettsburg refinery is located in northeastern Kentucky on the western bank of the Big Sandy River, near the confluence with the Ohio River. It was purchased in 1924 by Swiss Oil Corporation (then parent company of Ashland Inc.) and became fully owned by MPC in Crude oil capacity: 242,000 bpcd Crude Oil Supply: Sweet and sour crude oils Operations: Crude distillation, hydrotreating, catalytic cracking, alkylation, reforming, isomerization and sulfur recovery Products: Gasoline, distillates, asphalt, aromatics, propane, refinery-grade propylene and sulfur Product Distribution: Pipeline, barge, transport truck and rail Employees: Approximately 775 Page 5

8 Robinson Refinery MPC s Robinson refinery was built in 1906 by the Lincoln Oil Company and purchased by Marathon (then The Ohio Oil Company) in Today, the refinery has a full conversion processing scheme designed to maximize production of gasoline and diesel fuel. Crude oil capacity: 212,000 bpcd Crude Oil Supply: Sweet and sour crude oils Operations: Crude distillation, catalytic cracking, hydrocracking, hydrotreating, coking, reforming, alkylation, aromatics extraction, isomerization and sulfur recovery Products: Gasoline, distillates, propane, anode-grade coke, aromatics, slurry and sulfur Product Distribution: Pipeline, transport truck and rail Employees: Approximately 700 Page 6

9 Detroit Refinery MPC s Detroit refinery was acquired with the purchase of Aurora Gasoline Company by Marathon (then The Ohio Oil Company) in It is the only petroleum refinery operating in Michigan. In November 2012, the company completed the Detroit Heavy Oil Upgrade Project that increased the refinery s crude oil capacity by 14,000 bpcd and its heavy crude oil processing capacity by 80,000 bpcd, adding more than 400,000 gallons per day of clean transportation fuels to the marketplace. Crude oil capacity: 130,000 bpcd Crude Oil Supply: Sweet and sour crude oils including Canadian crude oils Operations: Crude distillation, catalytic cracking, hydrotreating, reforming, alkylation, sulfur recovery and coking Products: Gasoline, distillates, asphalt, fuel-grade coke, chemicalgrade propylene, propane, slurry and sulfur Product Distribution: Pipeline, transport truck, rail and barge Employees: Approximately 525 Page 7

10 Canton Refinery MPC s Canton refinery, built in 1931, was acquired by Ashland Inc. in 1948 when it merged with Allied Oil Company. The refinery became a part of MPC s refining system in 1998 and has been fully owned by MPC since The refinery is a moderate conversion plant with a processing configuration that enables it to run heavy sour crudes as well as sweet crudes. In December 2014, the company completed construction of a condensate splitter, which increased the refinery s capacity to process condensate from the Utica Shale region. Crude oil capacity: 90,000 bpcd Crude Oil Supply: Sweet and sour crude oils including production from the nearby Utica Shale Operations: Crude distillation, catalytic cracking, hydrotreating, reforming, alkylation and sulfur recovery Products: Gasoline, distillates, asphalt, roofing flux, propane, refinery-grade propylene, slurry and sulfur Product Distribution: Pipeline, transport truck and rail Employees: Approximately 375 Page 8

11 Texas City Refinery MPC s Texas City refinery was built in 1931 and was acquired by Marathon (then The Ohio Oil Company) in 1962 from Plymouth Oil Company. It is located off the entrance to the Houston Ship Channel. Crude oil capacity: 84,000 bpcd Crude Oil Supply: Light sweet crude oils Operations: Crude distillation, catalytic cracking, alkylation, reforming, aromatics extraction and sulfur recovery Products: Gasoline, chemical-grade propylene, propane, aromatics, dry gas, slurry and sulfur Product Distribution: Pipeline, barge and rail Employees: Approximately 275 Page 9

12 MPC Supply Crude Oil Supply Feedstock Supply Product Purchases Domestic 69% Other International 17% Canadian 14% Domestic 82% Other International 15% Canadian 3% Gasoline 54% Alternative Fuels 28% Distillate 16% Other 2% Ethanol: MPC has blended ethanol into gasoline for more than 20 years. Ethanol volumes sold in blended gasoline were 78 MBPD in Capacity to blend E-10 across its entire gasoline distribution network. Interest in ethanol production facilities in Albion, Mich., Clymers, Ind. and Greenville, Ohio. These plants have a combined ethanol production capacity of 275 million gallons per year and are managed by a co-owner. Biodiesel Blended Diesel Fuel: MPC sells biodiesel-blended diesel fuel in 15 states. Owns a biodiesel facility in Cincinnati, Ohio, that produces biodiesel, glycerin and other by products. The capacity of the plant is approximately 60 million gallons per year. Page 10

13 MPC Refineries Light Product Terminals MPC Owned and Part-owned Third Party Asphalt/Heavy Oil Terminals MPC Owned Third Party Water Supplied Terminals Coastal Inland Ethanol Facility Biodiesel Facility (1) Operated seasonally Terminal, Transport & Rail 63 owned and operated, one leased, two part-owned and non-operated and 118 third-party light product terminals (gasoline, diesel, kerosene, jet fuel) 1,426 MBPD light products throughput in owned and operated and 10 third-party asphalt terminals (1) 27 MBPD asphalt terminal throughput in owned transport trucks 126 MBPD light products delivered via MPC trucks in ,210 owned or leased railcars Marine Marine Transportation s inland river fleet is one of the largest private domestic fleets of inland petroleum product barges. All cargoes transported are liquid and include among other commodities crude oil, asphalt, gasoline, diesel fuel, vacuum gas oil, feedstocks, chemicals and ethanol. Marine s inland river operation utilizes 18 owned and one leased inland waterway towboats and a fleet of 199 owned and 12 leased barges, as well as contracted and chartered equipment. Page 11

14 TM Pipeline Transportation MPC owns, leases or has ownership interests in approximately 8,300 miles of pipeline including interests in the Capline, Centennial, Explorer, LOCAP, LOOP, Maumee, Muskegon and Wolverine systems. MPC delivered approximately 2.1 million barrels of crude oil and petroleum products daily through these pipelines in One of the largest petroleum pipeline companies in the U.S. based on total volume delivered. MPC Refineries MPC Owned & Operated MPC Interest; Operated by MPL MPC Interest; Operated by Others Pipelines Used by MPC Page 12

15 Gulf Coast Wood River Galveston Bay Pasadena Texas City Champaign Martinsville Patoka Mt. Vernon n Garyville Hammond Lebanon Robinson Indianapolis Louisville o Findlay Lima Detroit Samaria Dayton Lexington Headquarters Products Pipelines Crude Oil Pipelines Canton Columbus Catlettsburg Midland Tank Farm MPC Refineries MPLX LP MPLX LP (NYSE: MPLX) began trading on the New York Stock Exchange in October 2012, and is a master limited partnership which MPC owns 71.5 percent. MPLX s operations are strategically located within MPC s refining and marketing supply network, and are positioned to provide MPC with a logistical competitive advantage. 1,004 miles of common carrier crude oil pipelines 1,902 miles of common carrier product pipelines Four tank farms with 3.3 million barrels of available storage capacity Butane cavern with 1 million barrels of available storage capacity Barge Dock Butane Cavern Page 13

16 Sales 2,125 MBPD (1) Commodities Marketing Channels Gasoline 53% Distillate 29% Special Products & Feedstock 14% Wholesale 55% Marathon Brand 15% Special Products & Feedstock 14% Speedway 12% Marketing Retail: Approximately 2,750 Speedway convenience stores in 22 states Brand: Approximately 5,460 Marathon Brand locations in 19 states Wholesale: One of the largest wholesale suppliers of gasoline and distillate within its market area Asphalt and Heavy Oil: One of the largest domestic asphalt producers with a capacity of approximately 101 MBPCD Special Products: Markets propane, propylene, cumene, raffinate, butane, molten sulfur, benzene, toluene, xylene, fuel-grade coke and anode-grade coke (1) Refining and Marketing refined product sales volume in Asphalt & Heavy Fuel Oil 4% Asphalt & Heavy Fuel Oil 4% Page 14

17 Brand Marketing 2014 sales: 4.98 billion gallons Approximately 5,460 retail outlets Approximately 590 retail outlet contract assignments primarily in the Southeast and select Northeast states Located in 19 states To learn more about Marathon Brand Marketing, please visit our website at For station locations, go to Page 15

18 Conn. 1 Del. 4 Mass. 117 N.J. 72 R.I. 20 Speedway LLC 2014 annual sales: Approximately 3.47 billion gallons of gasoline Approximately 470 million gallons of diesel fuel Approximately $3.61 billion merchandise sales Approximately 9.5 million gallons of gasoline sold daily in 2014 Approximately 2,750 convenience stores located in 22 states More than 3.9 million active Speedy Rewards members In 2014, Speedway acquired from Hess Corporation all of its retail locations. The process of converting the convenience stores aquired from Hess to the Speedway brand is underway. As a result, some locations remain branded Hess. To learn more about Speedway, please visit our website at For store locations, go to Page 16

19 Corporate Citizenship Environment MPC is committed to environmental stewardship. As a company that is dependent on natural resources, MPC recognizes the value of protecting the environment. MPC facilities are consistently recognized for their efforts in this area. Health/Safety Optimizing health and safety performance is an integral part of MPC s vision and success. A safe working environment makes employees more productive because they feel more comfortable at work, knowing they will return home to their family and friends in the same condition that they left each day. EEO/Diversity An equal opportunity employer, MPC recognizes its strength is in its people. The company values diversity and respects the individual. MPC strives to attract, develop and retain a highly talented and diverse workforce and offers competitive, challenging career opportunities. It is the company s policy to comply with all applicable laws and regulations concerning the prohibition of discrimination in employment. Page 17

20 Corporate Citizenship Community Involvement MPC is proud to be an active part of the communities where it operates, supporting many local charities and programs, including the United Way and Children s Miracle Network Hospitals. The company also contributes to numerous universities and educational institutions. MPC s culture is to give more than monetary support. Employees volunteer time, talents and hard work to help create a better quality of life for those in communities where we operate. Ethics and Integrity Business integrity and ethics have long been guiding principles of the company. MPC is committed to high ethical standards in all areas of business. MPC is privileged to do business in many communities; as members of those communities, the company must act with integrity and responsibility. As such, the company has a Business Integrity and Compliance office that oversees the Code of Business Conduct, promotes business ethics through education and training, and operates an employee helpline for reporting suspected illegal or unethical conduct and to answer employee questions and concerns. Page 18

21 Glossary BPCD barrels per calendar day MBPD thousand barrels per day MBPCD thousand barrels per calendar day E-10 fuel containing 10 percent ethanol and 90 percent conventional gasoline Page 19

22 Notes Page 20

23 Notes Page 21

24 Marathon Petroleum Corporation 539 South Main Street Findlay, Ohio February 2015

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