**Par Pacific Holdings Subsidiary Enters Commodity Swap Financing Deal with Wells Fargo** Hawaii Renewables, LLC $(HR)$, a subsidiary of Par Pacific Holdings Inc., has entered into a new financing arrangement with Wells Fargo Bank, N.A. On October 2, 2025, HR and Wells Fargo executed a Framework Agreement for Commodity Swap Transactions, allowing HR to enter a series of prepaid swaps for soybean oil and crude oil. The agreement, governed by an ISDA Master Agreement, enables monthly swap transactions with Wells Fargo providing prepaid funding to HR, subject to a cap. To secure its obligations under the agreement, HR has granted Wells Fargo a security interest in certain commodity inventories and renewable feedstocks through a Pledge and Security Agreement. The initial term of the Framework Agreement is one year, with automatic annual renewals unless terminated with 90 days' notice. The parties also agreed to work towards a definitive Letter of Credit Facility Agreement to support HR's payment obligations related to inventory supply. Par Pacific Holdings has issued an unsecured guaranty for HR's obligations under these agreements.