A control technique for an engine having a two-step variable valve lift system includes a controller receiving a pressure in an intake manifold of the engine from a manifold absolute pressure (MAP) sensor and a position of an EGR valve of the engine from an exhaust gas recirculation (EGR) sensor. In response to the controller detecting an upcoming HL-to-LL valve state transition, a set of airflow actuators of the engine is controlled, based on the intake manifold pressure and the EGR valve position, to generate a first torque reserve. In response to generating the first torque reserve, the controller then commands the HL-to-LL transition and depletion of the first torque reserve during the HL-to-LL transition to mitigate torque disturbance associated with this transition.