Non-Management Executive Sessions

Non-management members of the Holly Corporation (the "Corporation") Board of Directors shall meet at regularly scheduled executive sessions, which sessions shall be held on the same days as the regularly scheduled Board Meetings. The current Presiding Director for such sessions is William J. Gray. Stockholders or other interested parties wishing to communicate with the Corporation's non-management directors are invited to email the Presiding Director or write to:

Presiding Director
100 Crescent Court
Suite 1600
Dallas, Texas 75201