2027 BENEFITS ANNUAL E NROLLMENT O C T. 2 8 – N OV. 1 3 , 2 0 2 6 HR.PHILLIPS66.COM
POWERING YOU
YOUR WELL-BE ING A ND RE WARDS
INTRODUCTION At Phillips 66, Our People Ambition is our commitment to powering you, so together we can power the world. Our benefits package is an important part of achieving that ambition. We’re committed to helping you and your family thrive, so you can bring your best to work every day. Each year, we review our benefits to keep pace with industry best practices and your evolving needs. Whether you’re launching your career or planning for retirement, our Total Rewards are designed to meet you at every stage. Annual Enrollment is your chance to look at your options and choose the coverage that fits your life, strengthens your family’s well-being and supports your health and financial goals. Please take time to read this guide carefully and make your selections between Oct. 28 and Nov. 13. If you have questions, the Phillips 66 Benefits Center is ready to help. You can also find more information and resources on the Total Rewards page at hr.phillips66.com. Thank you for everything you do for Phillips 66 in support of our mission to provide energy and improve lives.
Sincerely,
Derek Butts Vice President, Total Rewards
Enhanced for 2027! One Call. One Click. One Trusted Place to Start. Included Health is now your central starting point for benefits navigation and care support. Get help understanding your coverage and connecting to the care you and your family need — all in one trusted place. See page 6 for details.
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WELCOME TO YOUR 2027 BENEFITS GUIDE This guide is designed to help you understand your benefits and choose what’s right for you and your family during Annual Enrollment, happening Oct. 28-Nov. 13. Inside, you’ll find:
Enrollment Instructions and Actions
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Health and Well-Being
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Medical Benefits
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Dental Benefits
13
Vision Benefits
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Life Insurance
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Long-Term Disability
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Voluntary Benefits
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Well-Being Benefits
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Review this guide carefully, including the plan options, costs and comparison charts, and be sure to log in to the Phillips 66 Benefits Center before Nov. 13 to make your selections. Subject to the eligibility provisions of each policy, these benefits apply to non-represented employees, as well as represented employees who are covered under the terms of an applicable collective bargaining agreement. For questions, reach out to the Phillips 66 Benefits Center online or via phone at 800-965-4421, 8 a.m. to 6 p.m. Central time, Monday through Friday.
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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Enrollment Instructions and Actions ANNUAL ENROLLMENT From Oct. 28-Nov. 13, you can enroll quickly and easily online or over the phone. Before enrolling, review the information in this guide to learn more about your 2027 benefits to help determine which options are best for you and your family. More information is available online at our Annual Enrollment page.
Option 1: Enroll online at the Phillips 66 Benefits Center. • Go to My HR Tools and click on the Annual Enrollment card OR from your computer or mobile device, go to the Phillips 66 Benefits Center and enter your Phillips 66 Benefits Center user ID and password. • You may be prompted to update your password. • Forgot your password? If you can’t remember your Phillips 66 Benefits Center user ID or password, click “Forgot User ID or Password” at the Phillips 66 Benefits Center login. The Phillips 66 Benefits Center phone number is 800-965-4421, and help is available from 8 a.m. to 6 p.m. Central time, Monday through Friday.
Option 2: Enroll by phone. • Call the Phillips 66 Benefits Center at 800-965-4421, from 8 a.m. to 6 p.m. Central time, Monday through Friday.
Option 3: Enroll via mobile app. • Download the Alight mobile app (for iOS and Android).
Visit the Annual Enrollment page to learn more.
DEADLINE: The Annual Enrollment window closes on Nov. 13. Be sure to enroll by the deadline.
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Take Action Annual Enrollment is your opportunity to make changes to your health and well-being coverage for 2027. If you wish to enroll or make coverage changes for 2027, you must take action online through the Phillips 66 Benefits Center by 11:59 p.m. Central time or by phone at 800-965-4421 before 6 p.m. Central time on Nov. 13, 2026. Below is an overview of what you need to do and why you need to take action during Annual Enrollment. What
How
Why
Included Health
Log in to or activate your account. (Recommended action)
Log in to or activate your Included Health account now so you’ll know exactly where to go when you need support. Included Health helps you understand your health and well-being benefits, find high-quality providers, navigate treatment options, access expert guidance and connect with valuable programs already available through your Phillips 66 health and well-being benefits.
Lyra Mental Health and Well-Being Resources
Review and enroll.
Review your current election and enroll or update coverage if needed. Your 2026 election will carry over to 2027 unless you make a change.
Flexible Spending Accounts (FSA) for Health Care and Dependent Care
Action required. Review and enroll.
If you don’t enroll, you won’t have an FSA in 2027, and you will not be able to roll over your 2026 HCFSA balance.
Supplemental Life Insurance
Action required. Review, enroll and attest.
If you don’t attest to being a non-tobacco user, you’ll pay higher tobacco-user rates in 2027.
Long-Term Care Insurance
Review and enroll.
If you want Long-Term Care insurance for you and your spouse, you must enroll. If you currently have coverage, your 2026 elections will carry over. Access the website for more information and to enroll.
Voluntary Benefits - Legal, Critical Illness, Accident Insurance, Hospital Indemnity
Review this guide for enhancements to these benefits.
If you don’t make changes, your 2026 elections will carry over to 2027.
Beneficiaries
Update or confirm your beneficiaries and their contact information (phone and address*).
Keeping beneficiary information current ensures it reflects your wishes. View the Phillips 66 Beneficiary Guide for more information.
* If their address differs from your own.
Enroll Early! You can change your enrollment elections as often as you want during the annual enrollment period. The annual enrollment period ends online at 11:59 p.m. Central time (or 6 p.m. Central time if you’re enrolling by phone) on Nov. 13. Your elections in the system at that time will be final for Jan. 1, 2027.
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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Health and Well-Being
ENHANCED FOR 2027 Included Health: One Call. One Click. One Trusted Place to Start. Meet your new front door to health and well-being benefits and virtual care. You may already know Included Health, but now your experience is even better. Whether you need help understanding your health and well-being benefits, finding care, navigating a diagnosis, planning a procedure or accessing specialized support, Included Health connects you to the right resource while saving you time and managing your costs.
Why Use Included Health? All your health and well-being benefits in one place See your plan details, deductible and coverage anytime. Access to high-quality care Get matched to top in-network doctors and specialists in your area. On-demand care at no cost Get 24/7 access to Virtual Urgent Care and easy Virtual Primary Care visits, all covered at $0 copay. 24/7 answers Reach your care team anytime with benefit questions. Claims and cost support Get help with medical bills and understand what you owe. Benefit guidance Reach out to understand how your health and well-being benefits fit your needs. Expert medical opinion Confirm a diagnosis or treatment plan for complex needs. 6
Log in to or activate your account today — don’t wait until you need care. Pre-register now so you always know exactly where to turn for support.
“I just moved and need to find a great primary care doctor nearby.”
Your Everyday Health Questions, Solved.
“I’m really not feeling well and need to see someone today, but I can’t leave my house.”
“I got a medical bill in the mail but thought I already paid it. What’s this for?”
Who Is Eligible for Included Health? Employees and their covered dependents enrolled in a Phillips 66 HDHP or PPO medical option can access Included Health’s full services. Kaiser and employees not enrolled in Phillips 66 medical coverage are eligible with limited access. Included Health: Personal Healthcare Guide
Included Health: Virtual Primary Care
Included Health: Virtual Urgent Care
Included Health: Expert Medical Opinion
Time to Get Care
Available 24/7 with answers in minutes
About 2-3 days for an appointment
24/7 on-demand service with no appointments needed; visit lasts 5-20 minutes
About 7-10 days after records collection
When to Use It
Start here for any healthcare need or question
Ongoing care, preventive visits and health coordination
Quick virtual help for everyday health concerns
In-depth expert reviews for complex diagnoses and surgery.
Common Use Cases
• Finding a high-quality doctor • Understanding benefits and costs • Getting claims and billing help • Finding the right health and well-being benefits.
• Annual wellness and preventive visits • Routine Rx follow-ups • Lab orders and results review • Ongoing condition support
• Cold, flu and allergies • Sinus and ear concerns • Rashes and skin irritation • Fever and headaches
• Complex diagnoses • Surgery decisions • Treatment confirmation (second opinion)
$0
$0
$0
$0
Estimated In-Network Cost
When to Use Other Care Emergency Room (ER):
Urgent Care Center:
True medical emergencies like chest pain, stroke signs, severe bleeding or trouble breathing.
Same-day treatment for serious, but non-life threatening injuries like sprains, broken bones or deep cuts.
GET CARE AND SUPPORT ANYTIME FOR $0 Virtual Urgent Care (replaces Teladoc) Included Health provides 24/7 on-demand virtual urgent care through the Included Health platform, treating common illnesses, and offering medical guidance via smartphone, tablet or computer.
Virtual Primary Care (replaces Teladoc) Included Health Virtual Primary Care is an online healthcare service that connects you with doctors, care teams and mental health experts through your phone or computer. It offers routine check-ups, prescription refills and chronic disease management.
Visit includedhealth.com/phillips66 or call 1-844-339-6732 for 24/7 support.
Teladoc is being removed and replaced by Included Health for Virtual Primary Care and Virtual Urgent Care beginning Jan. 1, 2027.
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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Need help finding the right option for you? Contact Included Health for decision support.
MEDICAL BENEFITS Phillips 66 offers comprehensive medical benefit options providing coverage for preventive care, regular checkups and office visits and more. The HDHP and PPO options are offered to eligible employees through Aetna or BCBSTX, based on the employee’s home state. Prescription drug benefits are administered by CVS Caremark. Please review this information so that you and your family can understand the benefits available to you.
Choose the Right Option for You HDHP Option Network Annual deductible
Employee only: $1,800 Employee + Dependents: $3,600
Non-network Employee only: $2,700 Employee + Dependents: $5,400
(Includes prescription drug costs)
Annual out-of-pocket maximum
Individual: $5,000* Family: $10,000
Individual: $15,000* Family: $30,000
PPO Option Network Employee only: $850 Employee + Dependents: $1,700
(Excludes medical copays and prescription drug costs) Individual: $5,000* Family: $10,000
Individual: $15,000* Family: $30,000
(Includes deductible and eligible expenses covered by the plan)
Preventive medical care (deductible waived)
Covered at 100% ($0)
$1,500 covered at 100%; you pay 50% thereafter
Covered at 100% ($0)
$1,000 covered at 100%; you pay 50% thereafter
Included Health Virtual Primary Care
Covered at 100% ($0)
N/A
Covered at 100% ($0)
N/A
Included Health Virtual Urgent Care
Covered at 100% ($0)
N/A
Covered at 100% ($0)
N/A
Doctor visits
You pay 20%, after deductible
You pay 50%, after deductible
Primary care: $30 copay Specialist: $60 copay
You pay 50%, after deductible
Urgent care center
$50 copay, after deductible
You pay 50%, after deductible
$60 copay
You pay 50%, after deductible
Most other services
You pay 20%, after deductible
You pay 50%, after deductible
You pay 20%, after deductible
You pay 50%, after deductible
Lantern (back, hip,
Deductible applies Coinsurance waived
N/A
Deductible waived Coinsurance waived
N/A
elbow, knee, bariatric**)
Preventive prescription drugs
Other network prescription drugs
Generic preventive drugs and insulin: Covered at 100%; no deductible Brand preventive drugs: You pay 20% (Retail: $150 max.; Mail: $300 max.); no deductible Retail 30 day (after deductible): • Generic: $10 copay • Preferred brand: You pay 20% ($150 max.) • Non-preferred brand: You pay 35% ($300 max.) Mail or Retail Maintenance Choice 90 day: • Generic: $25 copay • Preferred brand: You pay 20% ($300 max.) • Non-preferred brand: You pay 35% ($600 max.) You pay 100% of the discounted cost until you reach your annual deductible
No special provision for preventive prescription drugs
Retail 30 day: • Generic: $10 copay • Preferred brand: You pay 35% ($150 max.) • Non-preferred brand: You pay 50% ($300 max.) Mail or Retail Maintenance Choice 90 day: • Generic: $25 copay • Preferred brand: You pay 35% ($300 max.) • Non-preferred brand: You pay 50% ($600 max.)
GLP-1 prescription drugs
• Access to covered GLP-1 weight loss medications through Virta, if eligible • Medications for FDA-approved conditions (e.g., diabetes) through CVS Caremark, if eligible • Coinsurance/copay apply where applicable
Specialty network prescription drugs
PrudentRx Specialty Drug Program • Opt-in for $0 cost share for eligible medications (HDHP $0 cost share after deductible) • 30% coinsurance if no participation
Monthly premium
Employee Only: $49 Employee + Spouse/Domestic Partner: $208 Employee + Child(ren): $208 Employee + Family: $327
Employee Only: $223 Employee + Spouse/Domestic Partner: $485 Employee + Child(ren): $485 Employee + Family: $670
* Once the individual out-of-pocket maximum has been met, covered services for that individual will be paid at 100%. ** For bariatric surgery, participants are required to utilize the Lantern network.
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Non-network Employee only: $1,675 Employee + Dependents: $3,350
Your Complete Cancer Screening, Treatment and Survivorship Support From the comfort of home, you can complete Color’s preventive cancer screening kits for colorectal, cervical, skin, and prostate cancers, and if you qualify, genetic testing can help identify inherited risks for certain cancers. Color also makes it easier to stay on top of in-person care by helping you find and schedule in-network screenings like mammograms and colonoscopies. If you have been diagnosed with cancer and need support during treatment, you can connect virtually with a team of cancer experts for guidance with screening, treatment decisions, logistics, financial questions, and emotional well-being. Survivorship support is also available once treatment is complete.
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BRINGING BENEFITS TO LIFE
“Color made it simple to be proactive about cancer screening and prioritize my health. Phillips 66 benefits make it easy to take steps toward being there for myself and my family.” Micah H. Houston, TX
This benefit is available at no cost to participants aged 18 and over enrolled in the HDHP and PPO options.
Cancer Care Resource Guide Whether you are a patient, a survivor or a caregiver, Phillips 66 is part of your care team. The Cancer Care Resource Guide was created to support you and explain our benefits that specifically relate to cancer diagnosis, treatment, recovery and caregiver support.
Fertility and Family-Building Benefits HDHP and PPO options include fertility benefits administered by Progyny, an inclusive family-building benefit for every unique path to parenthood. The benefit includes access to high-quality care through a premier network of fertility specialists and personalized emotional support and guidance from dedicated Progyny Patient Care Advocates. The benefit provides coverage for fertility treatments, medications, fertility preservation and donor tissue purchase. Lake Charles Refinery WESTLAKE, LA
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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Planned Surgery? This Benefit Could Save You Thousands. Lantern is an additional medical benefit for HDHP and PPO participants that provides you with access to excellent and affordable care for many planned surgical procedures (orthopedics, spinal surgery, general surgery, etc.). If you choose to use this service, you will work with a Lantern network provider, and the majority of the costs associated with your surgery will be waived. All bariatric surgeries require the use of a Lantern network provider.
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BRINGING BENEFITS TO LIFE
“I had chronic shoulder pain and used my Lantern benefit to find the best path forward. Lantern provided a list of surgeons, and after I chose one, my doctor determined surgery wasn’t needed and gave me a steroid shot that relieved my pain. The entire experience was at no cost to me, and I would definitely use Lantern again if needed.” Edwina L. Bartlesville, OK
Virtual Physical Therapy
Women’s Health Support
Sword Health is a leading musculoskeletal benefit solution offering virtual physical therapy for back, joint and muscle pain. Sword Health offers 24/7 on-call care, access to research, videos and tools necessary for a holistic recovery journey — all from the comfort of your home at no additional cost to HDHP and PPO participants.
Bloom, by Sword Health, offers therapy for a multitude of women’s health issues at all life stages, including pregnancy, postpartum and menopause. This preventive service is offered at no cost to HDHP and PPO participants.
Remember: Included Health is your one place to start when you have questions about what Phillips 66 benefits are right for you. Employee at headquarters HOUSTON, TX
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Weight and Diabetes Management Eligible participants enrolled in an HDHP or PPO option who meet Virta’s clinical criteria for participation can lose weight, lower blood sugar and reverse diabetes using a nutrition-first approach. Your benefit includes:
How will I get my GLP-1 medication?
•
GLP-1 prescribing for weight loss (following the CVS Caremark formulary).
•
•
Digital weight scale and blood meter that syncs with your phone.
For weight loss, GLP-1 medications must be prescribed by a Virta provider, and participants are required to engage in the Virta weight loss programs.
•
For diabetes and other FDA-approved medical conditions, participants should use their treatment provider and obtain the medication through CVS Caremark, if eligible.
•
One-on-one health coach to guide and support you.
•
In-app tools for real time guidance, decision support and food tracking.
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If you have additional questions, please refer to this FAQ.
BRINGING BENEFITS TO LIFE
“I started the Virta program in January to stay accountable to a healthier eating plan — one I typically start as a New Year’s resolution but often abandon by February. Virta’s tools, resources, coaching and progress reports keep me on track. I am still using the program today, and through the end of July, have lost 30 pounds and lowered my A1C without medication. Virta has been the accountability partner I needed.” Melissa E. Wood River Refinery
Kaiser HMO Kaiser provides medical and prescription drug coverage from doctors and facilities participating in the Kaiser network. If you live within a Kaiser service area in California or Washington, you can choose to enroll in the Kaiser HMO option. For coverage details, contact Kaiser. Kaiser HMO Option Website
kp.org
Phone number
Kaiser CA: 800-464-4000 Kaiser WA: 888-901-4636
Monthly premium (CA only)
Employee Only: $207.96 Employee + Spouse/Domestic Partner: $439.53 Employee + Child(ren): $439.53 Employee + Family: $607.53
Monthly premium (WA only)
Employee Only: $309.97 Employee + Spouse/Domestic Partner: $601.49 Employee + Children: $601.49 Employee + Family: $834.51 PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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Health Savings Account (HSA) An HSA is a tax-advantaged health savings account that allows you to contribute before-tax dollars that can be used to pay for current or future health care expenses. When combined with a high-deductible health plan, it offers unique savings and tax advantages. You must be enrolled in the HDHP option (HSA-eligible) to contribute to an HSA affiliated with Phillips 66 through before-tax payroll deductions or to receive company contributions. Your HSA is owned by you, the funds carry over from year to year, and you take it with you if you leave the company. Phillips 66 provides $500 for employee-only coverage and $1,000 for all other coverages annually. These are paid on a biannual schedule in January and July, based on the coverage you are enrolled in on Jan. 1, 2027 and July 1, 2027. For the HSA, the IRS maximum contribution limit has increased to $4,500 for an individual and $9,000 for a family, inclusive of Phillips 66 and your contributions. If you are 55 or older, you can contribute an extra $1,000.
For more information about your HSA, visit the Phillips 66 page at Bank of America or call 877-785-6698.
Flexible Spending Accounts (FSA) If you elect to have an FSA, your contributions can be deducted from your paycheck on a before-tax basis to pay for eligible health care and/or dependent care expenses. Health Care FSA (HCFSA) If you do not enroll in the HDHP option, you can still contribute to a Health Care FSA. You can contribute any amount from $120 up to $3,400, or IRS plan limits. You have the option of rolling over a portion of the funds in your HCFSA from 2026 to 2027. The rollover amount is capped at 20% of the maximum IRS contribution, and you must enroll in the HCFSA for 2027. If you do not enroll in the HCFSA for 2027, any unused funds will be forfeited.
Wood River Refinery ROXANA, IL
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Dependent Care FSA (DCFSA) If you have qualifying dependents, you can contribute any amount from $120 up to $7,500. This helps you pay for qualified childcare services (for example, day care) for children under the age of 13, or care for a disabled spouse or dependent of any age, which allows you (or, if you’re married, you and your spouse) to work. It’s important to consider your anticipated 2027 needs because you will forfeit any FSA funds that aren’t used to pay qualified dependent care expenses incurred during the year. For information regarding eligible health care and dependent care expenses, visit the Flexible Spending Plan page, or visit the Phillips 66 Benefits Center. ACTION REQUIRED: Your 2026 FSA elections will not carry over to 2027. You must enroll to participate.
DENTAL Dental options are provided through the MetLife PDP Plus network. Coverage includes regular checkups, as well as basic, restorative, major and orthodontia services.
Review the MetLife PDP Plus network dental providers here, then click on “Find a dentist,” select PDP Plus, then add your ZIP code.
Dental Option Network Annual deductible
$50 individual $100 family
Annual maximum
$2,000 per person
Preventive
Out-of-area* Dental Option
Non-network $150 individual $300 family
$50 individual $100 family
Covered at 100%
Covered at 80%
Covered at 100% up to plan limits
Basic services
You pay 20%, after deductible
You pay 50%, after deductible
Major services
You pay 50% after deductible, up to plan limits
You pay 20%, after deductible up to plan limits You pay 50%, after deductible up to plan limits
Orthodontia
Covered at 50% up to $2,000 lifetime maximum per person
Monthly premium
Employee Only: $9 Employee + Spouse/Domestic Partner: $18 Employee + Child(ren): $20 Employee + Family: $29
* Available to employees without access to at least two dentists within 10 miles of their home ZIP code.
Your 2026 dental and vision elections will carry over to 2027 if you don’t take action.
Employee at headquarters HOUSTON, TX
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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VISION Through the company-provided basic option, you and your family receive routine eye exams at no cost. You may also receive discounts on other services from VSP network providers. You can elect a higher level of coverage through the comprehensive option described in the chart below.
To learn more or to find a network vision provider, visit the Phillips 66 VSP website. Enter your ZIP code to find a doctor.
Basic Option
Comprehensive Option
Exam
Covered at 100%
Covered at 100% (under the company-provided basic option)
Frames
Discounts available
$220 annual allowance*
Contact lenses
Not covered
$200 annual allowance*
Contact lens fitting
Discounts available
Covered at 100%
Lenses — Single vision, bifocal, trifocal, lenticular
Discounts available
Covered at 100% one-time annually
Lens options — Progressive, anti-reflective, polycarbonate**
Discounts available
Member pays VSP Preferred Pricing
Company-paid
Employee Only: $11.40 Employee + Spouse/Domestic Partner: $20.73 Employee + Child(ren): $20.64 Employee + Family: $33.00
Monthly premium
* The annual allowance is for either frames or contact lenses in the calendar year, but not both. ** Polycarbonate lenses are covered in full for dependent children through the end of the month in which they turn age 26. For all other participants, they are covered at a discounted rate.
Rodeo Renewable Energy Complex RODEO, CA
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LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT (AD&D) Life insurance gives you a simple way to protect the people who matter most, with coverage options designed to support your family and provide peace of mind for the unexpected.
A tobacco user isn’t necessarily a smoker — it’s anyone who uses tobacco. Phillips 66 defines tobacco products as cigars, cigarettes, smokeless tobacco (snuff or chewing tobacco), pipe tobacco or roll-your-own tobacco.
Phillips 66 provides you with basic life insurance equal to your annual pay. You also have the option to purchase additional insurance for yourself, as well as insurance for your dependents.
You are considered a tobacco user if you have used tobacco products or any nicotine delivery system within the past 12 months.
Employee Supplemental Life Insurance You can elect to purchase up to eight times your annual pay in supplemental life insurance. ACTION REQUIRED: For employees enrolled in supplemental life insurance, you are required to attest to being a non-tobacco user annually. If you don’t attest, you will pay tobacco-user rates in 2027.
Monthly Supplemental Life Premiums Your premium per $1,000 of coverage is...
Spouse Life Insurance You can elect to purchase life insurance coverage for your spouse in increments of $50,000 up to $500,000. Monthly Spouse Life Premiums If your spouse’s age is...
Your premium per $1,000 coverage is...
Under 30
$0.050
30 – 34
$0.070
35 – 39
$0.080
40 – 44
$0.090
If your age is...
Non-Tobacco User
Tobacco User
45 – 49
$0.130
50 – 54
$0.190
Under 30
$0.046
$0.060
55 – 59
$0.350
30 – 34
$0.062
$0.103
60 – 64
$0.610
35 – 39
$0.070
$0.138
65 – 69
$1.190
40 – 44
$0.077
$0.181
70 & over
$1.660
45 – 49
$0.110
$0.281
50 – 54
$0.166
$0.467
55 – 59
$0.300
$0.926
IMPORTANT REMINDER
60 – 64
$0.526
$1.368
65 – 69
$1.031
$3.230
Evidence of Insurability (EOI) will generally be required any time you add or increase life insurance coverage for you or your spouse or domestic partner.
70 & over
$1.448
$4.086
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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Coastal Bend Pipeline ROBSTOWN, TX
Child Life Insurance You can elect to purchase life insurance coverage for your eligible child(ren). There are three coverage options available: $15,000, $20,000 and $25,000. This election covers all eligible children. Child Life Insurance
Monthly Premium
$15,000 of coverage
$0.75
$20,000 of coverage
$1.00
$25,000 of coverage
$1.25
IMPORTANT REMINDER Child life coverage is available for eligible dependents until age 26. Once all of your eligible dependents reach age 26, you must unenroll from child life insurance.
You can elect or cancel employee supplemental, spouse or child life insurance coverage at any time. EOI may be required. Employee Accidental Death and Dismemberment (AD&D) You can elect to purchase AD&D coverage from $50,000 to $1 million.
Update Your Beneficiaries Do you know who your beneficiaries are for your Phillips 66 benefits? It’s important to review and update your beneficiary designations from time to time to ensure they reflect your current wishes. While enrolling, be sure to check that the contact information (phone and address*) for your beneficiaries is updated in the Phillips 66 Benefits Center. * If address differs from your own.
Spouse and Child AD&D You can elect to purchase AD&D coverage from $50,000 to $500,000 for your spouse and $10,000 to $50,000 for your eligible children. AD&D Insurance Employee AD&D (no age limit) Spouse AD&D (ends at age 70) Child AD&D (ends at age 26)
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Monthly Premium
$0.017 per $1,000 of coverage
DISABILITY Long-Term Disability (LTD) LTD replaces a portion of your pay if you experience a disability and are unable to work for a period of more than 26 weeks. All eligible employees are automatically enrolled in company-provided basic LTD, which pays 50% of your pre-disability earnings, with a maximum benefit of $5,000 per month. If you are currently enrolled in basic or enhanced coverage, your enrollment option will not change. If you want additional coverage you must enroll in employee-paid enhanced LTD. Enhanced LTD pays 60% of your pre-disability earnings. The maximum benefit is $10,000 per month. If you change from basic LTD to enhanced LTD, EOI will be required. LTD
Monthly Premium
Basic LTD
Company-paid
Enhanced LTD
$0.396 per $100 of pre-disability earnings
LONG-TERM CARE INSURANCE LTC involves a variety of services designed to meet a person’s health or personal care needs. These services help people live as independently and safely as possible when they can no longer perform everyday activities on their own. Sometimes long-term care is provided at home by unpaid family members and friends. It can also be delivered in settings such as nursing homes or adult day care centers. LTC can be expensive, and services are often paid for out of pocket. By purchasing LTC insurance, the financial burden of LTC can be alleviated.
Visit the website to learn more and enroll.
Commercial trade floor HOUSTON, TX
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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VOLUNTARY BENEFITS Accident, Critical Illness, Hospital Indemnity, Legal Plan, Pet, Auto and Home Insurance are offered through our partnership with MetLife. Enrollment takes place through the Phillips 66 Benefits Center enrollment flow for all benefits except pet, home and auto insurance. Auto and Home Discount Insurance Provided in partnership with Farmers Insurance, this benefit offers access to special group discounts on auto and home insurance. Enroll online at Phillips 66 | MetLife. The benefit will be effective immediately upon enrollment. You can enroll at any time. Legal Plan Cover the costs on a wide range of common legal issues with a Legal Plan. NEW! You can enroll or unenroll at any time. Plan Type Legal
Monthly Premium $17.00
Pet Insurance The MetLife Pet Insurance benefit will pay a portion, or the full cost, of veterinary treatment for an ill or injured pet. Enroll online at Phillips 66 | MetLife. The benefit will be effective immediately upon enrollment. You can enroll at any time.
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BRINGING BENEFITS TO LIFE
“MetLife Pet insurance has brought me so much peace of mind knowing my dog, Ella, is covered if anything were to happen. We love the preventive care option, which covers her heartworm and flea medication plus her routine vet visits. It’s truly a game changer!”
Accident Insurance When unexpected injuries lead to unexpected expenses, your accident insurance can provide money to help pay for expenses such as medical bills, transportation costs and childcare expenses. You’ll receive a lump sum payment to use as you see fit, paid directly to you. The plan pays no matter what your medical insurance covers. The plan may cover accident-related events, such as: sports injuries, auto accidents, bicycle accidents, broken bones, knee injuries and falls. Enhanced: Accident Coverage is being enhanced to provide more support for sports injuries, including treatment, follow-up care and recovery. NEW! You can enroll or unenroll at any time. Coverage Options
Low Plan
High Plan
Employee
$4.27
$8.20
Employee + Spouse
$7.35
$13.74
Employee + Child(ren)
$8.77
$16.49
Employee + Spouse/Child(ren)
$10.98
$20.69
Hospital Indemnity Insurance Unexpected hospital stays can lead to expenses that quickly add up. Hospital indemnity insurance provides you with money to help cover the costs you may not anticipate. You’ll receive a lump sum payment to use as you see fit. It pays on top of what your medical insurance covers. Enhanced: Hospital Indemnity will include new newborn benefits, broader hospital support and no calendar-year cap on admissions. NEW! You can enroll or unenroll at any time. Coverage Options
Emilee H. Houston, TX
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Low Plan
High Plan
Employee
$10.86
$21.52
Employee + Spouse
$27.31
$54.07
Employee + Child(ren)
$19.19
$38.00
Employee + Spouse/Child(ren)
$36.66
$72.59
Critical Illness Insurance This coverage provides a lump sum payment to ensure you and your family have financial support during a difficult time. You can use it for prescriptions, deductibles, co-payments, experimental or non-traditional treatments and even non-medical expenses like everyday bills. It pays out regardless of what your medical insurance covers. Enhanced: Critical Illness coverage is expanding in 2027 with more covered conditions, added second-opinion support and easier access to recurrence benefits. NEW! You can enroll or unenroll at any time.
Monthly Premium per $1,000 of Coverage — Non-Tobacco User Employee Only
Employee + Spouse
Employee + Children
Employee + Spouse + Children
<25
$0.39
$0.72
$ 0.76
$1.06
25 – 29
$0.41
$0.74
$0.76
$1.08
30 – 34
$0.50
$0.87
$0.85
$1.21
35 – 39
$0.65
$1.06
$1.00
$1.41
40 – 44
$0.91
$1.43
$1.26
$1.78
45 – 49
$1.30
$1.95
$1.65
$2.32
50 – 54
$1.86
$2.73
$2.21
$3.08
55 – 59
$2.64
$3.75
$2.99
$4.07
60 – 64
$3.75
$5.16
$4.10
$5.50
65 – 69
$5.50
$7.43
$5.85
$7.78
70+
$7.54
$10.29
$7.89
$10.64
Age
Rates will increase the January after a Covered Person reaches a new age band. Rates are subject to change.
Monthly Premium per $1,000 of Coverage — Tobacco User Employee Only
Employee + Spouse
Employee + Children
Employee + Spouse + Children
<25
$0.48
$0.82
$0.82
$1.17
25 – 29
$0.50
$0.87
$0.85
$1.21
30 – 34
$0.65
$1.06
$1.00
$1.43
35 – 39
$0.89
$1.43
$1.24
$1.78
40 – 44
$1.34
$2.08
$1.69
$2.41
45 – 49
$2.02
$3.01
$2.36
$3.36
50 – 54
$3.08
$4.40
$3.42
$4.75
55 – 59
$4.49
$6.24
$4.83
$6.59
60 – 64
$6.46
$8.80
$6.80
$9.14
65 – 69
$9.64
$12.91
$9.99
$13.26
70+
$13.28
$17.98
$13.63
$18.33
Age
Rates will increase the January after a Covered Person reaches a new age band. Rates are subject to change. PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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WELL-BEING NEW for 2027! More activities. Same maximum credit. Choose how you earn. At Phillips 66, we believe great benefits are just the start. Equally important are the programs and policies that help you thrive at work while caring for your total well‑being. These offerings support your physical, emotional, social and financial health so you can reach your goals.
Total Well-Being Incentive Program Through the Total Well‑Being Incentive Program, you can choose to participate in activities that support your overall well‑being and earn the maximum program credits in your own way. With flexible options and personalized experiences, you can build healthy habits, focus on what matters most and make meaningful activity progress toward your goals. You have the opportunity to earn payroll credits of up to $300 by completing your choice of the activities listed in the table below. Complete and submit these activities by Nov. 30, 2027. Earn up to $600 in the Total Well-Being Programs: $300 Incentive Program + $300 Reimbursement Account. Activity
2027
Complete a biometric screening
$100
Note:
NEW! Activate Included Health account
$10
Complete 2 preventive screenings ($25 each)1
up to $50
Achieve 2 target health measurements ($15 each) or consult with primary care physician2
up to $30
These activities are required to be eligible for the Total Well-Being Reimbursement Account.
Complete the 1 U.S.-wide challenge
$80
Complete the Health Check Survey through Personify Health
$10
NEW! Complete 4 Personify Health Journeys3
$20
NEW! Track Healthy Habits through Personify Health 20 days of the month for 3 months4
$20
NEW! Track 7,500 steps/30 active minutes/30 workout minutes through Personify Health 20 days of the month for 3 months5
$40
NEW! Complete 20 Personify Health Daily Cards per month for 3 months6
$40
Total Well-Being Incentive Program credit
up to $300
Total Well-Being Reimbursement Account
up to $300
Total Well-Being Benefits
up to $600
Mammogram, cervical cancer screening, PSA test, preventive dental cleaning, annual eye exam, flu shot, colonoscopy, skin cancer screening, bone density screening, shingles vaccine, pneumonia vaccine, stool test, hearing tests. 1
Fasting glucose, non-fasting glucose, cholesterol, triglycerides, BMI, blood pressure.
2
Visit Personify Health > Health > Journeys. Journeys is a digital coaching tool that helps you improve your health one small step at a time; log in daily to complete each step. 3
Visit Personify Health > Home > Healthy Habits. Healthy Habits offers personalized, bite-sized actions to help build healthy routines and improve well-being. 4
To connect a fitness tracker, go to Personify Health > More > Devices & Apps. Personify Health credits the highest activity from your connected device each day and allows backtracking up to 14 days. 5
Check your Personify Health homepage card stack daily for new tips on your interests and well-being needs.
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Already have an active Included Health account? No additional activation is required. Existing accounts will be validated and credited automatically. New users must activate their account by Nov. 30, 2027.
Total Well-Being Reimbursement Account Get up to a $300 reimbursement for eligible well-being expenses for you and your covered dependents through the Total Well-Being Reimbursement Account. This benefit is in addition to the $300 Total Well-Being Incentive Program payroll credits. Take these steps to qualify: •
Complete a biometric screening.
•
Activate Included Health account.
Ponca City Refinery PONCA CITY, OK
Submit all 2027 expenses through the Phillips 66 Benefits Center by Nov. 30, 2027. Your reimbursement account may take up to two weeks to appear on the Phillips 66 Benefits Center homepage, so plan ahead to submit your receipts on time. You’ll receive an email when the account is available. Receipts must include: •
Date of service or purchase.
•
Name of the provider or retailer.
•
Description of the service or product.
•
Amount paid.
NEW! The list of eligible expenses now includes continuous glucose monitors and fitness assessments and testing.
Biometric Screenings for Preventive Health Take charge of your health with a free preventive biometric screening with Labcorp. This screening gives you a clearer picture of important health measures so you can identify potential risk factors early. Your screening includes: •
Blood tests for cholesterol (total, LDL, HDL), triglycerides, glucose and optional A1C
•
Body composition measurements, including height, weight, BMI, body fat % and waist circumference.
•
Blood pressure.
Total Well-Being Support with Personify Health Personify Health offers daily, self-guided courses to help you build healthy habits. Take the first step toward a personal health goal by exploring a variety of Journeys. Visit the Media Library to take a virtual fitness class, or learn about healthy eating, emotional balance, physical activity, financial well-being and more. Employees can also add up to 10 friends and family members through the Personify Health social page. Connections can view daily cards, track steps, start personal challenges and more. Friends and family members are visible only to the employee who added them and are not eligible for the Total Well-Being Incentive Program.
You can complete your biometric screening in the way that works best for you: •
At participating on-site events.
Support for Life’s Challenges
•
At any Labcorp location with a voucher.
•
Through your primary care physician.
You don’t have to navigate stress, anxiety, family concerns or life transitions alone. Through Lyra, you and each eligible dependent have access to six free and confidential therapy or mental health counseling sessions, with appointments available within two days, plus a variety of self-care resources.
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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OUR PEOPLE AMBITION We power you, so together we can power the world.
Well-Being
Supporting your health, safety and overall well-being.
Impact Empowering personal growth and meaningful contributions.
Community Building a sense of belonging and collaboration.
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P O W E R YO U R H E A LT H • Medical, Dental and Vision • Included Health Navigation P O W E R YO U R W E L L- B E I N G • Mental Health Support • Employee Assistance Program • Health Coaching
• Cancer Screening • Lantern Surgery Program • Fertility Support • Weight and Diabetes Management
• Well-Being Incentives • Biometric Screenings • Heart Health Support
P O W E R YO U R F A M I LY • Family-Building Benefits • New Parent Support • Child and Spouse Coverage • Caregiving Resources • Adoption Assistance • Backup Care
WE POWER YOU PHILLIPS 66 TOTAL REWARDS
From medical coverage and mental health resources to family support, financial tools and flexible work options, Phillips 66 invests in your total well‑being. For details on all benefits, including contact information, visit hr.phillips66.com.
P O W E R YO U R FINANCIAL FUTURE • Pension • 401(k) Match • Health Savings Accounts
P O W E R YO U R L I F E
• Financial Coaching
• Flexible Work Model
• Commuter Accounts
• 9/80 Schedule
• Employee Discounts
• 19/30 Schedule • Paid Vacation • Community Service Time Off • Legal, Auto, Home and Pet Insurance
PHILLIPS 66 ANNUAL ENROLLMENT BENEFITS GUIDE 2027
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M I S S I O N | what we do
Providing Energy. Improving Lives. V I S I O N | where we’re going
Be the leading integrated downstream energy provider. V A L U E S | who we are
Start with Safety. Go with Honor. Deliver with Commitment. O U R E N E R G Y I N A C T I O N | how we work
Work for the greater good. Cultivate an environment of trust. Seek different perspectives. Pursue excellence. O U R P E O P L E A M B I T I O N | what we offer
We power you, so together we can power the world. Health care reform requires Phillips 66 to provide you with a summary of benefits and coverage, available here. The SBC is a standardized document that highlights key provisions, limitations and exceptions. Summary plan descriptions can be found here. This communication may contain information regarding certain Phillips 66 compensation and benefits. The summary plan descriptions for the various benefit plans and other relevant terms and conditions provide more detailed information. Receipt of this communication does not guarantee eligibility for benefits or any other form of compensation. Phillips 66 reserves the right to correct any errors. If the information provided by this communication conflicts with the plan documents, the plan documents will prevail. Phillips 66 also reserves the right to amend, change or terminate its plans, any underlying contract or any other policy or program, at any time without notice, at its sole discretion. This Communication applies only to non-represented employees, as well as represented employees where provided for under the terms of an applicable collective bargaining agreement. 24 25-0022_15 © 2026 Phillips 66 Company. All Rights Reserved.
@Phillips66Co