CVR Energy, Inc. announced that on and effective March 17, 2024, Dustin DeMaria and Mark J. Smith were appointed to the Board of Directors (the ?Board?) of Company. In addition, Mr. DeMaria was appointed to the Board?s Compensation Committee, and Mr. Smith was appointed to the Board?s Environmental, Health & Safety Committee, as well as to the Board?s Special Committee ? Strategic.

In connection with Mr. Smith?s appointment, the Board affirmatively determined that he qualifies as independent under the rules and regulations of the Securities and Exchange Commission (the ?SEC?) and the New York Stock Exchange (the ?NYSE?). As of the date of his appointment, there were no transactions involving the Company and Mr. Smith that are required to be disclosed pursuant to Item 404(a) of Regulation S-K, and no arrangement or understanding exists between Mr. Smith and any other person pursuant to which he was selected as a director. Mr. DeMaria is employed by Icahn Enterprises L.P. (?IEP?) and was selected as a director of the Company as a result of his role with IEP.

As of the date of his appointment, Mr. DeMaria is not a party to any transactions that would be required to be reported under Item 404(a) of Regulation S-K, and there are no other arrangements or understandings between him and any other persons pursuant to which he was selected as a director. On and effective March 15, 2024, Hunter C. Gary resigned from the Board and from its Compensation Committee and Environmental, Health & Safety Committee. The resignation of Mr. Gary from the Board and such committees was for personal reasons and was not the result of any disagreements with the Company on any matter relating to the Company?s operations, policies or practices.

In connection with the foregoing matters, the Board increased the number of directors comprising its members from six to seven directors.