Investor Presentaiton

HF Sinclair Capital Structure Strengthening Credit Profile through Reduced Leverage, Increased Scale and Portfolio Diversification HF Sinclair Consolidated Capital Structure: as of 12/31/2022 ($mm's) Cash and Cash Equivalents HF SINCLAIR CORPORATION HF Sinclair $1,665 28 1. 2. 3. 2.625% Senior Notes due 2023 $308 5.875% Senior Notes due 2026 4.500% Senior Notes due 2030 HF SINCLAIR TOTAL DEBT1 HOLLY ENERGY PARTNERS $1,000 $400 $1,708 6.375% Senior Notes due 2027 $400 5.000% Senior Notes due 2028 $500 Credit Agreement (matures 7/2025) $668 HEP LONG-TERM DEBT1 $1,568 Consolidated Debt¹ $3,276 Stockholders Equity (includes NCI) $10,018 Total Capitalization $13,294 Consolidated Debt / Capitalization² 25% Consolidated Net Debt² / Capitalization² 12% CONSOLIDATED TOTAL LIQUIDITY³ $3,847 Includes current and long-term debt, excluding unamortized discount and debt issuance costs and, in the case of HF Sinclair Corporation, includes subsidiary debt of HollyFrontier Corporation. See definition in Appendix. Includes Cash and Cash Equivalents of $1.665 billion, $1.65 billion of availability under the HF Sinclair revolving credit facility and $552 million of availability under the $1.2 billion HEP revolving credit facility. HF Sinclair

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