INDIANAPOLIS, April 6, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ:CLMT) (&#34;Calumet&#34;) announced today that Bradford T. Sanders has been selected as a nominee for election to the Board of Directors of Calumet (the

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">INDIANAPOLIS</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 6, 2026</span> /PRNewswire/ -- Calumet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CLMT">CLMT</a>) (&#34;Calumet&#34;) announced today that Bradford T. Sanders has been selected as a nominee for election to the Board of Directors of Calumet (the &#34;Board&#34;) at the Company&#39;s 2026 Annual Meeting of Stockholders (the &#34;Annual Meeting&#34;). </p>
<p xmlns="http://www.w3.org/1999/xhtml">Steve Mawer, Calumet&#39;s Chairman said, &#34;The Board is delighted to announce its nomination of Brad for election at the Company&#39;s Annual Meeting. Brad brings a broad range of industry experience, which would be a valuable complement to the Board as we continue to focus on creating shareholder value, including a distinguished record of strategic and commercial leadership in renewables and commodity markets.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Calumet&#39;s Board engaged HC Group to identify and select highly qualified independent director candidates who align with Board and shareholder priorities.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Bradford T. Sanders</b></p><p xmlns="http://www.w3.org/1999/xhtml">Bradford T. Sanders is an energy executive with more than 30 years of leadership across the energy value chain, including refining, chemicals, trading, logistics, and renewable fuels. Mr. Sanders has held senior leadership roles at U.S. Development Group, where he served as Executive Vice President, Head of Market Strategy and Chief Commercial Officer, working with leadership teams to identify and execute strategic commercial opportunities. Prior to joining USDG, Mr. Sanders spent 32 years at Koch Industries, where he built and led trading and commercial businesses spanning crude oil, natural gas liquids, refined products, environmental attributes, gasoline components, plastics, and ethanol. Mr. Sanders advises boards and executives on strategy, capital allocation, governance, and risk management. He holds a bachelor&#39;s degree in business from the University of Kansas and serves as a Trustee of the KU Endowment. .</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Calumet</b></p><p xmlns="http://www.w3.org/1999/xhtml">Calumet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CLMT">CLMT</a>) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">Certain statements and information in this press release may constitute &#34;forward-looking statements.&#34; The words &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;plan,&#34; &#34;intend,&#34; &#34;should,&#34; &#34;would,&#34; &#34;could&#34; or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us and include those related to future growth and governance of the Company. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. Important factors that could cause actual results to differ materially from those in the forward-looking statements include actions by shareholders or nominees, market conditions, regulatory changes, and factors discussed in our filings with Securities and Exchange Commission, including our latest Annual Report on Form 10-K and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.</p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=DE27362&amp;sd=2026-04-06"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/calumet-announces-intention-to-nominate-bradford-t-sanders-to-board-of-directors-302734642.html" target="_blank">https://www.prnewswire.com/news-releases/calumet-announces-intention-to-nominate-bradford-t-sanders-to-board-of-directors-302734642.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Calumet, Inc.</p>

CLMT

Calumet Announces Intention to Nominate Bradford T. Sanders to Board of Directors

Calumet Nominates Bradford T. Sanders for Board Position

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>INDIANAPOLIS, April 6, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ:CLMT) (&amp;#34;Calumet&amp;#34;) announced today that Bradford T. Sanders has been selected as a nominee for election to the Board of Directors of Calumet (the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Calumet, Inc. has nominated Bradford T. Sanders for election to its Board of Directors, expecting that his extensive industry experience will enhance shareholder value. His background in energy and renewables could provide strategic advantages that bolster Calumet&#039;s focus on growth.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Bradford T. Sanders nominated for Calumet&#039;s Board of Directors.</li><li>Board aims to enhance shareholder value with his expertise.</li><li>Sanders has over 30 years in energy sector leadership.</li><li>He previously held roles at Koch Industries and USDG.</li><li>Annual meeting scheduled for 2026 to finalize nominations.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Calumet, Inc. (CLMT)</strong>: Nomination could enhance strategic focus on renewables.</li><li><strong>U.S. Development Group (USDG)</strong>: Sanders&#039; experience here may influence Calumet&#039;s commercial strategy.</li><li><strong>Koch Industries (N/A)</strong>: Sanders&#039; background may bring valuable trading expertise to Calumet.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This event falls under &#039;Corporate Developments&#039; as it pertains to board nominations, signaling potential shifts in corporate governance that can impact strategic direction and investor perception.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Investors may react favorably to Sanders&#039; extensive energy experience.</li><li>Nomination could indicate a strategic shift towards renewables at Calumet.</li><li>Shareholder approval of Sanders may drive increased investor confidence.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Bradford T. Sanders brings over 30 years of leadership experience.</li><li>He previously worked at Koch Industries and USDG.</li><li>Annual stockholder meeting scheduled for 2026.</li><li>Calumet operates twelve facilities across North America.</li><li>The nomination process involved HC Group&#039;s engagement.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>CLMT may experience positive momentum leading up to the annual meeting.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">INDIANAPOLIS</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 6, 2026</span> /PRNewswire/ -- Calumet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CLMT">CLMT</a>) (&#34;Calumet&#34;) announced today that Bradford T. Sanders has been selected as a nominee for election to the Board of Directors of Calumet (the &#34;Board&#34;) at the Company&#39;s 2026 Annual Meeting of Stockholders (the &#34;Annual Meeting&#34;). </p>
<p xmlns="http://www.w3.org/1999/xhtml">Steve Mawer, Calumet&#39;s Chairman said, &#34;The Board is delighted to announce its nomination of Brad for election at the Company&#39;s Annual Meeting. Brad brings a broad range of industry experience, which would be a valuable complement to the Board as we continue to focus on creating shareholder value, including a distinguished record of strategic and commercial leadership in renewables and commodity markets.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Calumet&#39;s Board engaged HC Group to identify and select highly qualified independent director candidates who align with Board and shareholder priorities.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Bradford T. Sanders</b></p><p xmlns="http://www.w3.org/1999/xhtml">Bradford T. Sanders is an energy executive with more than 30 years of leadership across the energy value chain, including refining, chemicals, trading, logistics, and renewable fuels. Mr. Sanders has held senior leadership roles at U.S. Development Group, where he served as Executive Vice President, Head of Market Strategy and Chief Commercial Officer, working with leadership teams to identify and execute strategic commercial opportunities. Prior to joining USDG, Mr. Sanders spent 32 years at Koch Industries, where he built and led trading and commercial businesses spanning crude oil, natural gas liquids, refined products, environmental attributes, gasoline components, plastics, and ethanol. Mr. Sanders advises boards and executives on strategy, capital allocation, governance, and risk management. He holds a bachelor&#39;s degree in business from the University of Kansas and serves as a Trustee of the KU Endowment. .</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Calumet</b></p><p xmlns="http://www.w3.org/1999/xhtml">Calumet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CLMT">CLMT</a>) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">Certain statements and information in this press release may constitute &#34;forward-looking statements.&#34; The words &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;plan,&#34; &#34;intend,&#34; &#34;should,&#34; &#34;would,&#34; &#34;could&#34; or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us and include those related to future growth and governance of the Company. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. Important factors that could cause actual results to differ materially from those in the forward-looking statements include actions by shareholders or nominees, market conditions, regulatory changes, and factors discussed in our filings with Securities and Exchange Commission, including our latest Annual Report on Form 10-K and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.</p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=DE27362&amp;sd=2026-04-06"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/calumet-announces-intention-to-nominate-bradford-t-sanders-to-board-of-directors-302734642.html" target="_blank">https://www.prnewswire.com/news-releases/calumet-announces-intention-to-nominate-bradford-t-sanders-to-board-of-directors-302734642.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Calumet, Inc.</p>

Calumet, Inc. has nominated Bradford T. Sanders for election to its Board of Directors, expecting that his extensive industry experience will enhance shareholder value. His background in energy and renewables could provide strategic advantages that bolster Calumet's focus on growth.

Calumet Announces Intention to Nominate Bradford T. Sanders to Board of Directors

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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