LSB subsidiary terminates exclusive UAN supply agreement with CVR, effective year-end 2022

LSB INDUSTRIES, INC.

Pryor Chemical gave notice to terminate the CVR Purchase Agreement, effective December 31, 2022.
CVR had exclusive right to buy substantially all UAN produced at LSB's Pryor Facility.
No early termination penalties incurred; Pryor seeks alternative marketing arrangements.
Agreement began June 1, 2016, with three-year term and optional renewals; termination allowed after May 31, 2019.

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