Delek US Holdings Announces Fourth Quarter 2019 Results​

BRENTWOOD, Tenn.– February 25, 2020 — Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced financial results for its
fourth quarter ended December 31, 2019. Delek US reported fourth quarter 2019 net income of $32.7 million, or $0.44 per diluted share,
versus a net income of $121.6 million, or $1.48 per diluted share, for the quarter ended December 31, 2018. On an adjusted basis, Delek
US reported Adjusted net loss of $(8.5) million, or $(0.11) per share for the fourth quarter 2019. This compares to Adjusted net income of
$165.7 million, or $2.03 per share, in the prior-year period. Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted
EBITDA”) was $66.0 million compared to Adjusted EBITDA of $287.4 million in the prior-year period. Reconciliations of net income reported
under U.S. GAAP to Adjusted net income and Adjusted EBITDA are included in the financial tables attached to this release.