VALVOLINE INC — Director's Dealing 2023

May 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2023-05-01

Reporting Person: Caldwell Jonathan L. (Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-01	Common Stock	M	1794	—	Acquired	12119	Direct
2023-05-01	Common Stock	F	633	$35.02	Disposed	11486	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-01	Units	$	M	1794	Disposed		Common Stock (1794.0)	Direct

Footnotes

F1: Restricted stock units convert into Valvoline common stock on a one-for-one basis.

F2: The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.