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      "text": "Next week, you'll have the opportunity to vote for four highly-qualified candidates for Phillips 66's Board and send a powerful message to the Company that it must pursue the Streamline 66 plan.",
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      "text": "DEAR PHILLIPS 66 SHAREHOLDER, We are writing to you on behalf of funds managed by Elliott Investment Management L.P. (\"Elliott\"). Like you, we are investors in Phillips 66.",
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      "text": "(1) Source: Bloomberg as of February 7, 2025. (2) Price target is based on Elliott's internal calculations.",
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