CVR Partners (UAN) Registration Filing summary

Company overview and business model

• Operates as a Delaware limited partnership focused on the production and wholesale distribution of nitrogen fertilizer products, primarily ammonia and urea ammonium nitrate, serving agricultural markets such as corn and wheat growers.

• Owns and operates two manufacturing facilities in Coffeyville, Kansas and East Dubuque, Illinois through wholly owned subsidiaries.

• Publicly traded on the NYSE under the symbol "UAN"; as of September 30, 2025, approximately 60% of limited partner interests are held by public unitholders, 37% by CVR Energy, and 3% by Icahn Enterprises L.P. and affiliates.

Use of proceeds and capital allocation

• Net proceeds from securities sales may be used for general partnership purposes, including working capital, capital expenditures, acquisitions, and repayment or refinancing of debt.

• Proceeds from sales by the selling unitholder will not be received by the partnership.

Risk factors and disclosures

• Subject to risks including changes in U.S. tax law affecting publicly traded partnerships, commodity price volatility, supply chain dependencies, regulatory changes, environmental liabilities, and operational hazards.

• Distributions are variable and may be affected by market conditions, weather, and regulatory or legal actions.

• Reliance on key suppliers and exposure to risks from accidents, natural disasters, and geopolitical events.

• Tax law changes, such as the OBBBA, may impact interest deductibility and partnership status.