Valvoline Declares Quarterly Dividend

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

Contacts

Valvoline Inc.
Investor Relations:
Sean T. Cornett, +1
859-357-2798
[email protected]
or
Media
Relations:
Valerie Schirmer, +1 859-357-3235
[email protected]