I think this just demonstrates how's random the process is. If you need all Es to get an award, it's obviously much easier if you only have two reviewers. My only hope is that within each discipline they are the same. Im not sure if they award proportionally within each field, if it just goes by review score overall irrespective of field, or something inbetween.
In applying to phd programs, I wasn't even considered for one of my top programs because my POI forgot to email the selection committee his interest in new students this year (with me being his top pick). Just goes to show how much is out of your control.