Exhibit 99.1

Valvoline Reports Fourth-Quarter and Fiscal Year 2021 Results; Reiterates Plan to Pursue Separation; Provides Fiscal 2022 Outlook
Full-year highlights
Reported net income of $420 million grew 32% and earnings per diluted share (EPS) of $2.29 increased 36%
Adjusted EPS of $1.95 increased 37% and adjusted EBITDA of $634 million improved 28%
Sales grew 27% to $3 billion; Retail Services sales increased 38% and Global Products sales increased 20%
Retail Services system-wide same-store sales (SSS) increased 21.2%, net system-wide unit additions of 9%, operating income growth of 54%; adjusted EBITDA margin was 31.3%
Global Products delivered volume growth of 16%, operating income growth of 5%; adjusted EBITDA margin was 18.6%
Retail Services represented 41% of total sales and 54% of total segment adjusted EBITDA
Company recently announced plan to accelerate its continued transformation by pursuing separation of its two business segments, Retail Services and Global Products

Fourth-quarter summary
Reported net income of $168 million grew 38% and EPS of $0.92 increased 39%
Adjusted EPS of $0.50 improved 11% and adjusted EBITDA of $155 million increased 5%
Sales grew 28% to $835 million; Retail Services sales increased 39% and Global Products sales increased 21%
Retail Services system-wide SSS increased 20.1%

LEXINGTON, Ky., November 3, 2021 – Valvoline Inc. (NYSE: VVV), a global leader in vehicle care powering the future of mobility through innovative services and products, today reported financial results for its fourth quarter and fiscal year ended September 30, 2021. All comparisons in this press release are made to the same prior-year period; however,

The following information was filed by Valvoline Inc (VVV) on Wednesday, November 3, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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