Your ConocoPhillips Savings Plan Administration Services .

Other details about the ConocoPhillips Savings PlanCompany Match andDiscretionaryContributions1(active eligible employees only)Other CompanyContributions(active eligible employees only)When you contribute a minimum of 1% of your eligible pay each pay period, you will receive a 6%company match each pay period with a 0%-6% semi-annual company discretionary contribution.The target for the company discretionary contribution is 3% for a 9% total company contribution.(i) If you were hired (or rehired) on or after Jan. 1, 2019, or (ii) you were hired (or rehired) prior to Jan.1, 2019 and you elected to discontinue your participation in the ConocoPhillips Cash Balance Account,the company will also make a company retirement contribution of 6% of eligible compensation eachpayroll period to the Plan.In addition to being able to make pre-tax contributions to the Plan, active eligible employees cancontinue to make after-tax and Roth 401(k) contributions. The Roth 401(k) contribution option lets youcontribute to the Plan on an after-tax basis and make potentially tax-free withdrawals in retirement.2Roth nsThe Plan will be adding the Roth In-Plan Conversion feature, effective Jan. 1, 2020. This feature allowseligible vested Plan balances to be rolled over to a designated Roth account within the Plan, even ifthose amounts are not currently available for withdrawal. Making a Roth In-Plan Conversion will haveimmediate tax consequences; please consult with your personal tax advisor before making aconversion.If you have designated beneficiary information on file at Vanguard, we will transfer your information toFidelity. After the blackout period ends, please verify your beneficiary information and make anychanges as needed.With Fidelity’s Online Beneficiaries Service, you can designate your beneficiaries, receive instant onlineconfirmation, and check your beneficiary information virtually any time. Once the transition is complete,log on to NetBenefits or call Fidelity to view or designate your beneficiary information.LoansAny outstanding loan balances in the Plan at Vanguard will transfer to Fidelity. If you are currently anactive participant in the Plan at Vanguard, you will continue to repay your loan(s) at Fidelity in the samemanner as you have with Vanguard. The transition will not affect the terms or length of your loan(s).3Bank InformationAny bank information you have stored at Vanguard will not transfer to Fidelity. You will need to reestablish your bank information at Fidelity before you can receive or send electronic payments. Oncethe transition is complete, log on to NetBenefits or call Fidelity to set up your bank information. Until youset up your bank information at Fidelity, all payments (including any applicable loan repayments) will besent as a check. In order to keep any existing loan repayments that are not made from your paycheckcurrent, you will want to set up your electronic payment information as soon as possible after theblackout period ends.Account StatementsYour final account statement from Vanguard will be available in January 2020 and distributed based onyour communication preference at Vanguard.Your first quarterly statement from Fidelity will be available online in April 2020. Compare Fidelity’sbeginning individual account balances with your final Vanguard statement’s ending individual accountbalances, and contact Fidelity with any questions.Account statements will not be automatically mailed to your home; they will be available on NetBenefitsat www.netbenefits.com. To change your mail preferences and request that statements be mailed toyour home address, call Fidelity at 833-637-4015 or log on to NetBenefits at www.netbenefits.com.Select Profile, then Preferences.1The Company reserves the right to amend or terminate the ConocoPhillips Savings Plan any time in its sole discretion.2A distribution from a Roth 401(k) is tax-free and penalty-free, provided the five-year aging requirement has been satisfied and one of the followingconditions is met: age 59½, disability, or death.3Loan repayments received during the blackout period will be invested in the Vanguard Treasury Money Market Fund Investor Shares until the blackoutperiod ends. At that time, loan repayments and any associated earnings will be posted to your account according to your investment elections on filewith Fidelity. If you do not have any elections on file, your loan repayments and any associated earnings will be invested in a Vanguard TargetRetirement Trust Plus based on your age.Additional information, including FAQs, can be found on hr.conocophillips.com.5

Fidelity Planning and Support Services available to youWorkplace Planning and SupportFidelity representatives knowledgeable about the Plan will be available to answer your questions. Beginning the weekof Jan. 12, 2020, you may call Fidelity at 833-637-4015, Monday through Friday, between 7:30 a.m. and 7:30 p.m.Central time.Online Planning & Guidance CenterVisit NetBenefits at www.netbenefits.com, answer just a few questions, and you’ll be able to:1. Estimate how much income you may have—or need—in retirement2. Receive tips to help you get or stay on track3. Create a retirement planFidelity Personalized Planning & AdviceFidelity offers you a managed account service. With Fidelity Personalized Planning & Advice, you can get activeretirement account management. If you elect this service, this means that Fidelity’s team of investment professionalsinvest, monitor, and rebalance your account as needed to adjust to changes in the market, or changes to yoursituation. This service provides advisory services for a fee which would be paid from your account.Fidelity representatives are available to answer any questions you may have about this managed account service.Call 833-637-4015 for more information, beginning the week of Jan. 12, 2020.Fidelity Personalized Planning & Advice at Work is a service of Fidelity Personal and Workplace Advisors LLC and Strategic Advisers LLC. Bothare registered investment advisers and Fidelity Investments companies and may be referred to as “Fidelity,” “we,” or “our” within. For moreinformation, refer to the Terms and Conditions of the program. When used herein, Fidelity Personalized Planning & Advice refers exclusively toFidelity Personalized Planning & Advice at Work.Transfer of your existing managed account participation at VanguardFidelity Personalized Planning & Advice will replace Financial Engines as the managed account service in your Plan.If you are currently enrolled in Financial Engines at Vanguard, you will receive additional information after the transitionto Fidelity is complete. Your investment options and future contribution investment elections at Vanguard will transferto Fidelity and will be invested according to how the underlying investment options will transfer (as noted above). Onceyour enrollment in Fidelity Personalized Planning & Advice is complete, your account will be rebalanced to theinvestment mix that is suggested by Fidelity Personalized Planning & Advice.6

Important notice regarding your ConocoPhillips Savings Plan transition to FidelityTo ensure that all information is transferred accurately from your current Plan account at Vanguard to your Plan accountat Fidelity, there will be a blackout period when you will be unable to direct or diversify investments in your individualaccount, obtain a loan, distribute or withdraw from the Plan, or check your Plan account balance.The blackout period will begin at 3 p.m. Central time on Dec. 26, 2019 and is expected to end the week of Jan. 12,2020. During this time, you can determine, without charge, whether the blackout period has started bycontacting Vanguard at 800-523-1188 or whether it has ended by contacting Fidelity at 833-637-4015.It is very important that you review and consider the appropriateness of your current investments in light of your inabilityto direct or diversify those investments during the blackout period. For your long-term retirement security, you shouldgive careful consideration to the importance of a well-balanced and diversified investment portfolio, taking into account allyour assets, income, and investments.You should be aware that there is a risk to holding substantial portions of your account in the securities of any onecompany, as individual securities tend to have wider price swings, up and down, in short periods of time, thaninvestments in diversified funds. Stocks that have wide price swings might have a large loss during the blackout period,and you will not be able to direct the sale of such stocks from your account during the blackout period.Whether or not you are planning retirement in the near future, you should carefully consider how this blackout period mayaffect your retirement planning and your overall financial plan.If you have any questions concerning this notice, you should contact Fidelity at 833-637-4015 or P.O. Box 770001,Cincinnati, OH 45277.Investing involves risk, including risk of loss.The Plan is a participant-directed plan as described in Section 404(c) of ERISA, which means that fiduciaries of the Plan are ordinarily relieved ofliability for any losses that are the direct and necessary result of investment instructions given by a participant or beneficiary.This document provides only a summary of the main features of the Plan, and the Plan document will govern in the event of any discrepancies.You are not permitted to make a direct exchange from the Stable Value Fund to Vanguard Treasury Money Market Fund Investor Shares(considered “competing funds”). Before exchanging from the Stable Value Fund, you must first exchange to a “noncompeting” fund for 90 days.While these requirements may seem restrictive, they are typically imposed by issuers such as insurance companies, banks, or other approvedfinancial institutions, as a condition for issuing investment contracts to retirement plans.Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 2019 FMR LLC. All rights reserved.901898.1.07

ConocoPhillips Savings PlanParticipant Disclosure Noticeas of Jan. 2, 2020This Participant Disclosure Notice is being provided to you because you are or will be eligible to participate or have a balance in theConocoPhillips Savings Plan (the “Plan”) and have the right to direct investments.In this Notice, you will find information about managing your Plan account and certain Plan information, including an explanation ofthe right to direct investments, any Plan restrictions, and a description of the types of fees and expenses associated with a Planaccount. You will also find details about the Plan’s investment options, which may include historical rates of return and benchmarkinformation.Please review these materials carefully when managing or monitoring any account you may have in the Plan. After the blackout periodends, you can go online at www.netbenefits.com or call 833-637-4015 to obtain additional information. If this is your first time loggingon to www.netbenefits.com, you will need to register and set up a username and password to access your account. If you already havea username and password for a Fidelity site, you do not need to register again.Helping You Manage Your Plan AccountThis Notice includes important Plan and investment-related information. Additional resources are available atwww.netbenefits.com. Your Plan is an important benefit, and you’ll want to monitor your account periodically to help keep yourPlan account on track.Accessing Your Plan Account StatementIf you have a Plan account, one way to monitor your savings is to periodically review your account statement. Your statement willdisplay any Plan administrative or individual fees described in this Notice that have been deducted from your Plan account. You canlog on to www.netbenefits.com to: Access your online Fidelity statement, which is continuously available, by selecting your Plan name, and selecting Statementsfrom the Plan’s Quick Links drop down list. Save or print your Fidelity statement. Keep in mind you may obtain a paper version (free of charge) by calling Fidelity. Change the way Fidelity statements are delivered to you by visiting Preferences.Your Communication PreferencesPrefer Email? If you are receiving this Notice in print and would like to receive it electronically, help us to serve you better byproviding Fidelity with your email address. Log on to www.netbenefits.com and select Profile at the top of the page. Then selectPersonal & Contact Information to provide your email address and the Preferences tab to provide consent for requiredcommunications.1

Certain Plan Information for You to ReviewThis Participant Disclosure Notice provides certain information about your Plan. Your rights under the Plan are subject to the termsof the Plan.Right to Direct InvestmentsYou have the right to direct your account balance and any future contributions among the Plan’s investment options, subject to anyrestrictions. To access your Plan account with Fidelity after the blackout period ends, make any changes to your investment options,direct any future contributions, or seek additional information, log on to www.netbenefits.com or call 833-637-4015.Investment OptionsThe Plan offers a choice of investment options that allow you to create a diversified portfolio to help you meet your individual needs.The Plan’s investment options, along with certain information about each of them, can be found in the additional material included withthis Notice.Fidelity Personalized Planning & AdviceStrategic Advisers LLC, a registered investment advisor and Fidelity Investments company, has been appointed to providediscretionary management through Fidelity Personalized Planning & Advice if you so choose.RestrictionsThere may be certain restrictions on how investment directions may be made in the Plan. You are not permitted to make a direct exchange from the Stable Value Fund to Vanguard Treasury Money Market Fund InvestorShares (considered “competing funds”). Before exchanging from the Stable Value Fund, you must first exchange to a “noncompeting”fund for 90 days. While these requirements may seem restrictive, they are typically imposed by issuers such as insurance companies,banks, or other approved financial institutions, as a condition for issuing investment contracts to retirement plans. Exchanges into the ConocoPhillips Leveraged Stock Fund are not allowed. Exchanges into the Phillips 66 Stock Fund are not allowed. Exchanges into the Phillips 66 Leveraged Stock Fund are not allowed. Future contributions to the ConocoPhillips Leveraged Stock Fund are not allowed. Future contributions to the Phillips 66 Stock Fund are not allowed. Future contributions to the Phillips 66 Leveraged Stock Fund are not allowed.Any frequent trading restrictions imposed by the Plan and/or by the Plan’s investment options are listed in the Participant DisclosureComparative Chart.Keep in mind that restrictions are subject to change.Exercising Voting, Tender and Similar RightsYou have the right to exercise voting, tender, and similar rights related to the ConocoPhillips stock you may have in your Plan account.You will receive information regarding such rights and how to exercise them at the time of a vote, tender, or other event.Fees and ExpensesIf you have an account in the Plan, it may be subject to asset-based fees, Plan administrative fees and expenses, and/or individualfees and expenses.Asset-Based FeesAsset-based fees reflect an investment option's total annual operating expenses and include management and other fees. They areoften the largest component of savings plan costs and are paid by all shareholders of the investment option. Typically, asset-based feesare reflected as a percentage of assets invested in the option and often are referred to as an “expense ratio.” You may multiply theexpense ratio by your balance in the investment option to estimate the annual expenses associated with your holdings.Asset-based fees are deducted from an investment option’s assets, thereby reducing its investment return. Fee levels can varywidely among investment options, depending in part on the type of investment option, its management (including whether it isactive or passive), and the risks and complexities of the option’s strategy. In some instances, a Plan’s administrative services may bepaid for through offsets and/or payments associated with a Plan’s investment options.2

Plan Administrative Fees and ExpensesPlan administrative fees may include recordkeeping, legal, accounting, trustee, and other administrative fees and expensesassociated with maintaining the Plan. Some Plans may deduct these fees and expenses from individual accounts in the Plan.Based on the information and direction Fidelity had at the time this Notice was prepared, the Plan administrative fees listed belowmay be deducted from accounts in the Plan. The Plan’s administrative services may also be paid for through offsets and/orpayments associated with one or more of the Plan’s investment options. As you review this information, please keep in mind thatfees are subject to change and that certain Plan administrative fees may not be deducted from accounts in certain circumstances.Type of Plan Administrative FeeAmountRecordkeeping Fee 33 per year, deducted quarterly at 8.25 per quarterIf any Plan administrative fees are deducted directly from your account, they will be reflected on your Plan account statement.Individual Fees and ExpensesIndividual fees and expenses include those associated with a service or transaction you may select, or an investment option you holdin your account. In some instances, they may be deducted from the accounts of those individuals who use the service or engage in thetransaction.If you have an account in the Plan, and you select or execute the following service(s) or transaction(s), the fee(s) outlined below maybe deducted from your account based on the information and direction Fidelity had on file at the time this Notice was prepared. Asyou review this information, please keep in mind that fees are subject to change and that certain individual fees may not be deductedin some circumstances.Type of Individual FeeAmountLoan Setup Fee 35 per loanOvernight Mailing FeeDividend Pass Thru Fee 25 per transaction 6 per check, 3 per EFT 300 per standard Fidelity web-generated order, 1,200 per modifiedFidelity web-generated or custom order or 1,800 per order coveringmore than one plan 250 per full joinder responseQualified Domestic Relations Order (QDRO) FeesFidelity Personalized Planning & AdviceIf you use this service, the advisory fee is estimated not to exceed 0.35%per year of your average daily managed account balance and is deductedquarterly.Also, please note you may incur short-term redemption fees, commissions, and similar expenses in connection with transactionsassociated with your Plan’s investment options.If any individual fees are deducted directly from your account, they will be reflected on your Plan’s account statement.Fidelity Investments Institutional Operations Company, Inc., 245 Su

Vanguard Target Retirement 2050 Trust Plus : 01/01/1988 – 12/31/1992 Vanguard Target Retirement 2055 Trust Plus 01/01/1993 – 12/31/1997 . Vanguard Target Retirement 2060 Trust Plus : 01/01/1998 and later Vanguard Target Retirement 2065 Trust Plus