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Motiva Enterprises LLC (“Motiva”) announced today the expiration of the previously announced cash tender offer (the “Offer”) for any and all of its outstanding 6.85% senior notes due January 15, 2040 (CUSIP Nos. 61980AAD5 (144A) and U61999AC9 (Reg. S)) (the “Notes”). The Offer was made on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 6, 2022 (the “Offer to Purchase”), and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the “Notice of Guaranteed Delivery”). The Offer to Purchase and the Notice of Guaranteed Delivery are referred to herein collectively as the “Offer Documents.”

Motiva Enterprises LLC announced today that it has priced the previously announced cash tender offer (the “Offer”) for any and all of its outstanding 6.85% senior notes due January 15, 2040 (the “Notes”). The Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 6, 2022 (the “Offer to Purchase”), and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the “Notice of Guaranteed Delivery”). The Offer to Purchase and the Notice of Guaranteed Delivery are referred to herein collectively as the “Offer Documents.”

Motiva Enterprises LLC announced today that it has commenced a cash tender offer for any and all of its outstanding 6.85% senior notes due January 15, 2040 (CUSIP Nos. 61980AAD5 (144A) and U61999AC9 (Reg. S)) (the “Notes”), on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof (as it may be amended or supplemented from time to time, the “Offer to Purchase”) and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the “Notice of Guaranteed Delivery”).

Motiva Enterprises announced today that Jeff Rinker has been named the company’s President and Chief Executive Officer, effective July 1, 2022. Rinker replaces Brian Coffman. Since 2018, Coffman has led Motiva with distinction, playing a pivotal role in the development, growth, and success of the company.

On Thursday, May 19, Motiva Enterprises awarded scholarship funds totaling $225,000 to 42 high school graduates from Southeast Texas and beyond. Motiva Excellence in Education Scholarship recipients receive funds to aid in their pursuit of a science, technology, engineering and math (STEM) or business-related undergraduate, associates, or vocational degree.

Motiva Enterprises today announced the appointment of Jeff Newman as Senior Vice President and General Manager of the Port Arthur Manufacturing Complex (PAMC), effective July 15, 2022. Newman succeeds Greg Lucchesi, who will retire after performing this role with distinction since 2015.

Motiva Enterprises today announced the recipients of its inaugural Motiva First Responder Grant Program, awarding nearly $130,000 to 17 emergency response organizations in communities that host Motiva’s assets across six states.

Motiva Enterprises today announced that it has executed a long-term supply agreement with Aramco base oil affiliate S-Oil Corporation that will more than double Motiva’s current offer for Group III base oil in North America.