VALVOLINE INC

Ticker: VVV CUSIP: 92047W101 Class: Common Stock

GOLDENTREE ASSET MANAGEMENT LP's Holding History (CIK: 0001278951)

Note: Option positions (PUT/CALL) are excluded.

Q3 2020

Shares 662,435 Value ($000) $12,613 Avg Close $20.65 Range $18.75 - $22.28

Q2 2020

Shares 694,408 Value ($000) $13,423 Avg Close $16.97 Range $11.49 - $21.09

Q2 2017

Shares 466,855 Value ($000) $11,074 Avg Close $23.16 Range $21.91 - $24.84

Q1 2017

Shares 466,855 Value ($000) $11,461 Avg Close $22.89 Range $21.00 - $24.98

Q4 2016

Shares 824,811 Value ($000) $17,750 Avg Close $21.19 Range $18.30 - $23.68

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2020	662,435	$12,613	$20.65	$18.75 - $22.28
Q2 2020	694,408	$13,423	$16.97	$11.49 - $21.09
Q2 2017	466,855	$11,074	$23.16	$21.91 - $24.84
Q1 2017	466,855	$11,461	$22.89	$21.00 - $24.98
Q4 2016	824,811	$17,750	$21.19	$18.30 - $23.68