The Board of Directors of Vertex Energy, Inc., serves as a fiduciary for shareholders and to oversee the management of the Company’s business. The Board sets high standards for the Company’s employees, officers and directors and implicit in their philosophy is the importance of sound corporate governance. To fulfill its responsibilities and to discharge its duty, the Board follows the procedures and standards set forth in
specific guidelines.

These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.