Calumet, Inc. /De

htm EX-99.1 Document Exhibit 99.1 Calumet Reports Second Quarter 2026 Results Second Quarter 2026 net loss of $(95.9) million, or basic earnings per common share of $(1.09), driven by non-cash RINs and other mark-to-market items Second Quarter 2026 Adjusted EBITDA with Tax Attributes of $175.2 million Montana Renewables completes first phase of MaxSAF 150 expansion now capturing robust renewable margins Accelerated deleveraging continues with $115 million of debt retirement in July Integrated specialties platform, favorable margin environment, and strong operational execution drive exceptional Specialty Products Solutions results INDIANAPOLIS (PR NEWSWIRE) August 7, 2026 Calumet, Inc.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

Our integrated specialties platform delivered exceptional results in a strong margin environment, supporting $115 million of debt retirement in July.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

Continued Debt Reduction On July 15, 2026, the Company's wholly owned subsidiaries, Calumet Specialty Products Partners, L.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

(together with the Partnership, the Issuers ), redeemed all of the outstanding $100 million 9.75% Senior Notes due 2028 that were originally issued in January 2025 (the 2028 Mirror Notes ), at a cash redemption price of 102.438% of the principal amount, plus accrued and unpaid interest up to but not including the redemption date.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

The Company remains focused on strong operations and continued use of cash from operations to pay down debt in future periods.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

4 We use the following financial performance measures EBITDA We define EBITDA for any period as net income (loss) plus interest expense (including amortization of debt issuance costs), income taxes and depreciation and amortization.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

htm EX-99.1 Document Exhibit 99.1 Calumet Reports Second Quarter 2026 Results Second Quarter 2026 net loss of $(95.9) million, or basic earnings per common share of $(1.09), driven by non-cash RINs and other mark-to-market items Second Quarter 2026 Adjusted EBITDA with Tax Attributes of $175.2 million Montana Renewables completes first phase of MaxSAF 150 expansion now capturing robust renewable margins Accelerated deleveraging continues with $115 million of debt retirement in July Integrated specialties platform, favorable margin environment, and strong operational execution drive exceptional Specialty Products Solutions results INDIANAPOLIS (PR NEWSWIRE) August 7, 2026 Calumet, Inc.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

Further, Montana Renewables completed the first stage of our MaxSAF 150 expansion and is advancing toward a faster, highly capital-efficient next stage expansion.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

Combined, our operating momentum and favorable outlook position us to simultaneously accelerate deleveraging and advance our growth strategies across both businesses.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

Our renewables business began its planned turnaround and MaxSAF 150 expansion in March that lasted through April before restarting operations in early May with a strong renewables margin environment.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

The Company remains focused on strong operations and continued use of cash from operations to pay down debt in future periods.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause our actual results to differ materially from our historical experience and our present expectations or projections.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

We caution that these statements are not guarantees of future performance and you should not rely unduly on them, as they involve risks, uncertainties, and assumptions that we cannot predict.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

While our management considers these assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

SEC original ↗Calumet, Inc. /De — Earnings release (8-K exhibit)EX-99Aug 7, 2026

Legal Proceedings 61 Item 1A.

SEC original ↗Calumet, Inc. /De — 10-Q Quarterly report10-QAug 7, 2026

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.

SEC original ↗Calumet, Inc. /De — 10-Q Quarterly report10-QAug 7, 2026

The EPA has confirmed that it does not intend to pursue enforcement actions while SRE petitions or related litigation are pending and that, if required, the Company will be afforded a reasonable period to achieve compliance.

SEC original ↗Calumet, Inc. /De — 10-Q Quarterly report10-QAug 7, 2026