VALVOLINE INC

Ticker: VVV CUSIP: 92047W101 Class: Common Stock

Incline Global Management LLC's Holding History (CIK: 0001567195)

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

Q4 2016

Shares 1,926,478 Value ($000) $41,419 Avg Close $21.19 Range $18.30 - $23.68

Q3 2016

Shares 1,194,065 Value ($000) $28,049 Avg Close $23.60 Range $23.00 - $24.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	1,926,478	$41,419	$21.19	$18.30 - $23.68
Q3 2016	1,194,065	$28,049	$23.60	$23.00 - $24.51