Elliott Releases Episode of "Streamline 66" Podcast Series Featuring 1:1 Conversation with Director Nominee Michael Heim

Core Insights - Elliott Investment Management is a top-five shareholder in Phillips 66 and has launched a podcast series called "Streamline 66" to discuss the company's operations and potential value-unlocking strategies [1][5] Group 1: Podcast Insights - The latest episode features Michael Heim, a founder of Targa Resources, who emphasizes the need for Phillips 66 to adopt a strategy focused on organic growth and to have a board that supports this direction [2][6] - Heim notes that Phillips 66 possesses high-quality assets located in major U.S. basins, which should allow it to compete effectively with peers if managed properly [6] Group 2: Proxy Solicitation - Elliott has filed a definitive proxy statement with the SEC to solicit votes for its slate of director nominees at the upcoming annual meeting of Phillips 66 [4] - Stockholders are encouraged to review the proxy statement and related documents for important information regarding the election and the participants in the solicitation [4] Group 3: Company Background - As of December 31, 2024, Elliott manages approximately $72.7 billion in assets and has a diverse investor base, including pension plans and sovereign wealth funds [5]