CVR Partners (UAN) Proxy Filing summary

Executive summary

• Special Meeting scheduled for June 5, 2025, to approve the 2025 Long-Term Incentive Plan (LTIP) and ratify the independent auditor for 2025.

• The LTIP aims to incentivize employees, officers, and directors, aligning their interests with unitholders.

• 2024 achievements include a 96% ammonia utilization rate and $6.76 per common unit in cash distributions.

• Focus remains on safe operations, high utilization, and generating free cash flow.

Voting matters and shareholder proposals

• Proposal 1: Approve the 2025 LTIP, allowing equity and unit-based awards to eligible participants.

• Proposal 2: Ratify Grant Thornton LLP as independent auditor for 2025.

• Proposal 3: Approve adjournment or postponement of the meeting if more time is needed to solicit votes for the LTIP.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• The Board of CVR GP, LLC, the general partner, solicits proxies and oversees governance.

• Board and committee members are eligible for LTIP awards.

• Board retains authority to amend or terminate the LTIP, subject to unitholder approval for material changes.