Phillips 66 Savings Plan

Automatic Increase

To help you save more, you will also be enrolled in the automatic annual increase feature at Vanguard. This feature automatically increases your before-tax contribution rate by one percentage point each March and continues to increase your rate each year until it reaches 10% of your eligible pay. You can opt out of this annual increase feature or change your contribution rate at any time by logging on to your account at vanguard.com/retirementplans or calling Vanguard at 800-523-1188 weekdays from 7:30 a.m. to 8 p.m., Central time.