EPA grants CVR subsidiary partial RFS hardship relief, reducing RIN obligations by over 400M

CVR ENERGY INC

EPA decision on Aug 22, 2025: 100% waivers for 2019 & 2021; 50% for 2020, 2022-2024.
Wynnewood Refining estimates reduction of >300M RINs for 2020-2024 compliance periods.
Previously retired RINs from earlier periods may further reduce obligation by >100M RINs.
Remaining pre-2025 RIN obligation estimated at ~100M credits.
CVR Energy evaluating financial statement impact; subsidiary Wynnewood Refining is the recipient.

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