Hello jspinx,

This will remove the emails on the Master list that appear on the Do Not Email list. You can change the list location and starting cells (marked in red) to match what you are using.
Sub CleanEmailList()

  Dim Cell As Range
  Dim DoNotEmail As Object
  Dim Key As String
  Dim Master As Range
  Dim NoList As Range
  Dim R As Long
  Dim Rng As Range
  Dim RngEnd As Range
  
   'Define the location and start of each list
    Set Master = Worksheets("Sheet1").Range("A2")
    Set NoList = Worksheets("Sheet2").Range("A2")
    
    Set DoNotEmail = CreateObject("Scripting.Dictionary")
    DoNotEmail.CompareMode = vbTextCompare
    
      'Find the range length of the list of addresses not to email
       Set Rng = NoList
       Set RngEnd = Rng.Parent.Cells(Rows.Count, Rng.Column).End(xlUp)
       Set Rng = IIf(RngEnd.Row < Rng.Row, Rng, Rng.Parent.Range(Rng, RngEnd))
       
      'Load the list of addresses not to email
       For Each Cell In Rng
         Key = Trim(Cell.Text)
         If Key <> "" And DoNotEmail.Exists(Key) = False Then
            DoNotEmail.Add Key, 1
         End If
       Next Cell
       
      'Find the range legnth of Master List
       Set Rng = Master
       Set RngEnd = Rng.Parent.Cells(Rows.Count, Rng.Column).End(xlUp)
       Set Rng = IIf(RngEnd.Row < Rng.Row, Rng, Rng.Parent.Range(Rng, RngEnd))
       
         For R = Rng.Rows.Count To 1 Step -1
           Key = Trim(Rng.Cells(R, 1).Text)
             If Key <> "" And DoNotEmail.Exists(Key) = True Then
                Rng.Rows(R).EntireRow.Delete
             End If
         Next R
         
     'Release object and free memory
      Set DoNotEmail = Nothing
      
End Sub