Calumet nominates Bradford T. Sanders for election to its board of directors at the 2026 annual meeting of stockholders

Calumet, Inc. (NASDAQ: CLMT) announced that Bradford T. Sanders has been selected as a nominee for election to the company’s Board of Directors at the 2026 Annual Meeting of Stockholders.

Board nomination and rationale

Steve Mawer, Chairman of Calumet, said: “The Board is delighted to announce its nomination of Brad for election at the Company’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.”

Calumet’s Board engaged HC Group to identify and select independent director candidates aligned with Board and shareholder priorities.

Background of Bradford T. Sanders

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.

Before joining USDG, Mr. Sanders spent 32 years at Koch Industries, building and leading trading and commercial businesses spanning crude oil, natural gas liquids, refined products, environmental attributes, gasoline components, plastics, and ethanol.

He advises boards and executives on strategy, capital allocation, governance, and risk management. Mr. Sanders holds a bachelor’s degree in business from the University of Kansas and serves as a Trustee of the KU Endowment.

About Calumet

Calumet manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across consumer-facing and industrial markets. The company is headquartered in Indianapolis, Indiana, and operates twelve facilities throughout North America.

Forward-looking statements

Certain statements in the press release may constitute forward-looking statements. These statements are based on current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those anticipated.

Factors that could cause results to differ include actions by shareholders or nominees, market conditions, regulatory changes, and other risks discussed in Calumet’s filings with the Securities and Exchange Commission, including its 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. Calumet does not undertake any obligation to publicly update or revise forward-looking statements after the date they are made.