Martin Midstream terminates Merger Agreement, cancels special meeting; will continue as standalone public company

MARTIN MIDSTREAM PARTNERS L.P.

Mutual termination of Merger Agreement between MMLP and MRMC effective December 26, 2024.
Cancellation of special meeting of unitholders scheduled for December 30, 2024.
MMLP will continue to operate as a standalone publicly traded company.
CEO Bondurant cited unitholder feedback and confidence; focus on debt reduction and improving operations.
Approximately 26% of MMLP units were owned by parent/insiders as of record date; Support Agreements also terminated.

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