Summary Observations Regarding CVR's Campaign

Continuing Focus on Enhanced Efficiency CVR Proposal: Enhance Corporate Cost Structure & Reduce Expenses • In 2020, Delek reduced operating and G&A expenses by $145 million and expects an additional $80 million in savings in 2021(1) • We eliminated costs by reducing reliance on third-party contractors, reducing headcount by 8% and closing down or divesting underperforming stores • Delek has consistently been a low-cost refining operator, as noted in CVR's investor presentation 2021E G&A and Operating Expense Reduction $957 ($ in millions) 24% $145 $80 $732 2019(2) 2020A Expense 2021E Expense Savings Savings 2021E G&A and Operating Consolidated Low-Cost Operator(3) $ per barrel Expenses $8.0 $7.0 $6.0 $5.0 $4.0 S$3.0 $2.0 $1.0 $0.0 DK VLO PARR CVI PSX MPC HFC PBF FY2020 ◆ 4020 Source: CVR Investor Presentation (March 2021) Source: Public filings Delek (1) Assumes reduced operations of Krotz Springs and excludes Q1 2021 weather-related impacts US (2) (3) Figure based on 2019A G&A and EBITDA only, adjusted for one-time severance costs, property taxes and estimated capital expenditure-related G&A expenses that could be capitalized Operating expenses based on per barrel of total throughput for the last twelve months ended December 31, 2020 29

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