Valvoline Declares Quarterly Dividend

January 31, 2018

LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV) today announced that its board of directors declared a quarterly cash dividend of 7.45 cents per share of ValvolineTM common stock. The dividend is payable on March 15, 2018, to shareholders of record as of the close of business on March 1, 2018.

About ValvolineTM

Valvoline Inc. (NYSE:VVV) is a leading worldwide producer and distributor of premium-branded automotive, commercial and industrial lubricants, and automotive chemicals. Valvoline ranks as the #2 quick-lube chain by number of stores and #3 passenger car motor oil in the DIY market by volume in the United States. The brand operates and franchises more than 1,100 Valvoline Instant Oil ChangeSM centers in the United States. It also markets ValvolineTM lubricants and automotive chemicals; MaxLifeTM lubricants created for higher-mileage engines, SynPowerTM synthetic motor oil; and ZerexTM antifreeze. Visit www.valvoline.com to learn more.

TM Trademark, Valvoline or its subsidiaries, registered in various countries
SM Service mark, Valvoline or its subsidiaries, registered in various countries

Source: Valvoline Inc.

Valvoline Inc.

Investor Relations:

Sean T. Cornett, 1 859-357-2798

scornett@valvoline.com

or

Media Relations:

Valerie Schirmer, 1 859-357-3235

vschirmer@valvoline.com

IR Contact

Sean T. Cornett

Director, Investor Relations

Valvoline

859-357-3155 (Office)