Declared quarterly distribution of $0.4714 per unit; 31 st consecutive quarterly distribution Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2022 of $16.2 million, or $0.46 per limited partner unit, an increase of $1.1 million compared to first quarter 2021 net income of $15.1 million. The Partnership's net income in the first quarter of 2022 was the result of strong production volumes and solid margins on third-party sales. The first quarter of 2021 was impacted by Winter storm Uri and benefited from a $9.7 million buyer deficiency fee as well as recovery of certain other costs from Westlake Corporation ("Westlake") attributable to a related unplanned outage. Cash flows from operating activities in the first quarter of 2022 were $104.8 million, a decrease of $50.6 million compared to first quarter 2021 cash flows from operating activities of $155.4 million. The decrease was due to the

Record quarterly net sales of $4.1 billion, an increase of 72% vs. first quarter 2021 net sales Record quarterly net income of $756 million, an increase of 212% vs. first quarter 2021 net income Record quarterly EBITDA of $1.3 billion, an increase of 135% vs. first quarter 2021 EBITDA Expanded specialty product focused portfolio with acquisition of Hexion's global epoxy business Westlake Corporation (NYSE: WLK) (the "Company" or "Westlake") today announced record first quarter 2022 results. SUMMARY FINANCIAL HIGHLIGHTS ($ in millions except per share data)       Three Months Ended March 31,       2022   2021             Westlake Corporation           Income from operations     $ 1,032   $ 346 Net income attributable to Westlake Corporation     $ 756   $ 242 Diluted earnings per common share     $ 5.83   $ 1.87 EBITDA     $ 1,300   $ 553

$0.4714 cents per unit distribution declared payable on May 26, 2022 The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP (the "Partnership") (NYSE:WLKP), has declared a distribution of $0.4714 per unit. This is the 31st quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on May 26, 2022, to unit holders of record on May 12, 2022. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of the Partnership’s distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership’s distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. About Westlake Chemical Partners LP Westlake Chemical

Westlake Chemical Partners (NYSE: WLKP) will release its first quarter 2022 earnings prior to the market opening on Tuesday, May 3, 2022. The company will host a conference call at 1:00 p.m. Eastern Time (12:00 p.m. Central Time) on the same day to discuss the earnings release. To access the conference call, dial (855) 765-5686, or (234) 386-2848 for international callers, approximately 10 minutes prior to the scheduled start time and reference passcode 6739002. The conference call will also be available via webcast at https://edge.media-server.com/mmc/p/zeeudc2d and the earnings release can be obtained via the company's Web page at, https://investors.wlkpartners.com/corporate-profile/default.aspx . A replay of the conference call will be available beginning two hours after its conclusion for seven days. To hear a replay, dial (855) 859-2056 or (404) 537-3406 for international callers. The replay passcode is 6739002. About Westlake Chemical Partners: Westlake Chemical Partners is a

Westlake Corporation (NYSE: WLK) will release its first quarter 2022 earnings prior to the market opening on Tuesday, May 3, 2022. The company will host a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on the same day to discuss the earnings release. To access the conference call, dial (855) 760-8160, or (704) 288-0624 for international callers, approximately 10 minutes prior to the scheduled start time and reference passcode 4246547. The conference call will also be available via webcast at https://edge.media-server.com/mmc/p/5ytbsbdp and the earnings release can be obtained via the company’s Web page at https://investors.westlake.com/news/default.aspx . A replay of the conference call will be available beginning two hours after its conclusion for seven days. To hear a replay, dial (855) 859-2056 or (404) 537-3406 for international callers. The replay passcode is 4246547. About Westlake: Westlake is a global manufacturer and supplier of materials and innovative

Westlake Corporation (NYSE: WLK), will host its inaugural Investor Day on Thursday, April 7, 2022, at 9:00 a.m. Eastern Time. During the event, members of the executive leadership team will present an in-depth overview of the Company’s long-term strategic vision and direction, financial outlook, capital allocation priorities, and plans to drive long-term shareholder value. Speakers include Albert Chao, President and Chief Executive Officer; Roger Kearns, Chief Operating Officer; Robert Buesinger, Executive Vice President; Steve Bender, Chief Financial Officer; and Larry Schubert, Vice President, Sustainability and Corporate Development. As Westlake has significantly diversified its business portfolio recently through both acquisitions and organic growth, the event provides the opportunity to highlight the breadth of diversified products Westlake makes with leading positions serving the building and construction, automotive and consumer lifestyle, and packaging and healthcare

Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy’s Pernis, Netherlands site has received International Sustainability & Carbon Plus (ISCC+) certification. The site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy products. This is a significant step in Westlake Epoxy’s strategy to integrate renewable carbon materials into its raw material supply chain while reducing energy use and greenhouse gas emissions. ISCC+ provides an international, practical, transparent system for the certification of bio-based, bio-circular and circular raw materials at each level of the supply chain. The ISCC+ certification recognizes Westlake Epoxy’s (formerly known as Hexion BV) commitment to environmentally, socially and economically sustainable production by tracking its existing mix of feedstocks and replacing fossil materials with renewable resources. Aromatic monomers for the liquid epoxy resins produced at the

Rating places company among the top 1% of companies assessed by EcoVadis Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy’s European business has received a Platinum rating from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. This is their highest rating for environmental and social performance. Westlake Epoxy is a leading global producer of epoxy resins, modifiers and curing agents for high-performance materials, coatings and composites. It recently closed its acquisition of Hexion’s epoxy business, a leading supplier of materials for coatings and composites used in such high-growth applications as wind turbine blades and light-weight automotive structural components. “This milestone underscores how and where we want to grow – with operational and environmental excellence and a focus on bringing value across the business, including the energy transition,” said Larry Schubert, vice president of corporate development and

Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") announced that it filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on March 2, 2022. A copy of this 10-K may be found on the Partnership's website, www.wlkpartners.com , by selecting the "Investor Relations" tab, then "SEC Filings." Unitholders of the Partnership may receive a hard copy of its Annual Report on Form 10-K, including complete audited financial statements, free of charge. Requests should be submitted in writing to Westlake Chemical Partners LP – 2021 Form 10-K, 2801 Post Oak Blvd., Suite 600, Houston, TX 77056. About Westlake Chemical Partners LP Westlake Chemical Partners is a limited partnership formed by Westlake Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo