PBF · PBF Energy Inc. · Insider Trading

Weighted average price. These shares were sold in multiple transactions at prices ranging from $87.50 to $87.535, inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $88.30 to $88.56, inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $84.00 to $84.31, inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $82.00 to $82.005, inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $80.51 to $80.61 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $78.00 to $78.50 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $77.40 to $77.475 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $77.21 to $77.26 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $76.89 to $76.99 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $77.00 to $77.90 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Represents options to purchase Class A Common Stock that were granted on November 9, 2020 that are fully vested.

Represents options to purchase Class A Common Stock that were granted on November 9, 2020 that are fully vested.

Represents options to purchase Class A Common Stock that were granted on November 9, 2020 that are fully vested.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $74.40 to $75.20 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Represents options to purchase Class A Common Stock granted on November 18, 2021 that are fully vested.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $74.25 to $74.32 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Represents options to purchase Class A Common Stock granted on November 18, 2021 that are fully vested.

Represents options to purchase Class A Common Stock that were granted on October 30, 2017 that are fully vested.

Represents options to purchase Class A Common Stock granted on November 18, 2021 that are fully vested.

Represents options to purchase Class A Common Stock that were granted on November 9, 2020 that are fully vested.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $71.70 to $72.50 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $73.00 to $73.065 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.

Represents options to purchase Class A Common Stock granted on October 29, 2019 that are fully vested.

Represents options to purchase Class A Common Stock granted on November 18, 2021 that are fully vested.

Represents options to purchase Class A Common Stock granted on October 30, 2018 that are fully vested.

Weighted average price. These shares were sold in multiple transactions at prices ranging from $69.80 to $70.72 inclusive. The reporting persons undertake to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.

See attached Exhibit 99.1 to this Form 4, which is hereby incorporated herein by reference.