VALERO ENERGY CORPORATION BOARD OF DIRECTORS ELECTS NEW MEMBER

SAN ANTONIO, July 26, 2012 — Valero Energy Corporation (NYSE: VLO) announced
today that Deborah Platt Majoras has been elected to the company’s board of
directors. Majoras, 48, is Chief Legal Officer and Secretary of The Procter
& Gamble Company. Previously she served as Chairman of the Federal Trade
Commission, Deputy Assistant Attorney General in the U.S. Department of
Justice’s Antitrust Division, and a partner at the Jones Day law firm.

Majoras is a member of the boards of trustees of the Cincinnati USA Regional
Chamber, the Cincinnati Legal Aid Society and the Cincinnati Playhouse in
the Park. She is also on the boards of Westminster College and the
Leadership Council on Legal Diversity, and is co-chair of the U.S. Chamber
of Commerce International Competition Policy Working Group.

“Deborah is an outstanding addition to the Valero board of directors, and we’re
pleased to welcome her,” said Valero Chairman and CEO Bill Klesse. “She
brings a wealth of experience and knowledge.”

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