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Valvoline and Wilmington University Announce Higher Ed Partnership

Lexington, Ky. (Dec. 17, 2020) – Wilmington University and Valvoline, Inc. (NYSE: VVV), a leading supplier of premium branded lubricants and automotive services, today announced a new education partnership that will provide expanded opportunities to Valvoline employees interested in pursuing an undergraduate or advanced college degree.

As part of the new partnership, the university will offer online undergraduate and graduate degree programs for Valvoline employees in the areas of human resource management; computer science; computer networking; information systems management; accounting and finance; communications; marketing; web design; business management, and applied science. Tuition costs associated with these degree programs can directly be billed to Valvoline at annual limits equivalent to the company’s existing tuition reimbursement amounts of $5,250 for undergraduate degrees and $7,500 for graduate degrees.

“Valvoline is committed to the growth and success of our employees, in all that they aspire to achieve professionally now and in the future. This partnership allows us to expand on that commitment in new and exciting ways,” said Jennifer Gunter, U.S. Health & Welfare Manager. “By expanding the Tuition Assistance Program, eligible employees working in every part of our business will have access to empowering degree programs that open up new opportunities and allow for greater upward mobility.”

“An investment in employees who aspire to earn college degrees indicates to us that Valvoline considers its workforce the drivers of success, especially in the competitive service-driven industry,” said Dr. LaVerne T. Harmon, president, Wilmington University. “We applaud Valvoline’s commitment to its employees and proudly welcome them to the Wilmington University family.”

About Valvoline™

Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, the Company’s heritage spans more than 150 years, during which time it has developed powerful brand recognition across multiple product and service channels. Valvoline ranks as the No. 3 passenger car motor oil brand in the DIY market by volume. It operates and franchises nearly 1,500 quick-lube locations, and it is the No. 2 chain by number of stores in the United States under the Valvoline Instant Oil ChangeSM brand and the No. 3 chain by number of stores in Canada under the Valvoline Great Canadian Oil Change brand. It also markets Valvoline lubricants and automotive chemicals, including Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Advanced Full Synthetic motor oil; Valvoline Premium Blue™ heavy-duty motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid; and Zerex™ antifreeze. To learn more, visit www.valvoline.com.

About Wilmington University

Wilmington University is a private, open-access institution that serves the unique needs of busy adults seeking advancement through higher education. Committed to the idea that high-quality education can be convenient, affordable and accessible, the University offers more than 200 accredited and career-relevant degree and certificate programs in flexible formats. With in-state tuition offered to all students, a WilmU education makes academic success possible for students worldwide. For more information, visit www.wilmu.edu.edu.

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