Our Strategy for Growth and Value Creation slide image

Our Strategy for Growth and Value Creation

Why You Should Vote the WHITE Proxy Card • . Delek's strategy is working - delivering strong returns, including peer- leading returns of capital Delek's independent, diverse and engaged Board is thoughtfully composed with directors who have the right skills and experiences to oversee our strategy and deliver shareholder value Delek determined that CVR's proposals would not maximize value for Delek shareholders at this time or are actions that Delek has already been pursuing CVR's interests are not aligned with Delek's shareholders and many of CVR's proposals would benefit CVR CVR's nominees would not be additive to the Board CVR's nominees also have interconnections with each other and CVR's CEO, which raise questions regarding their independence from CVR's CEO and the alignment of their interests with Delek's shareholders WHITE Proxy Card 1. Election of Delek Directors 2. Advisory Resolution on Executive Compensation 3. Ratification of the Appointment of Auditors 4. Amendment to our 2016 Long-Term Incentive Plan 5. Approval of our Employee Stock Purchase Plan Delek US We strongly urge you to reject CVR's self-serving campaign and support Delek's slate of directors by voting the WHITE proxy card 37
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