WHIPPANY, N.J., May 22, 2024
/PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH),
today announced the results from its 2024 Tri-Annual Meeting of
Unitholders held on May 21, 2024.
At the meeting, the Unitholders re-elected to the Board of
Supervisors, for a three-year term, all eight nominees proposed by
the Board:
Nominee
Matthew J. Chanin
Harold R. Logan, Jr.
Jane Swift
Terence J. Connors
William M. Landuyt
Amy M. Adams
Rommel M. Oates
Michael A. Stivala
At the meeting, the Unitholders also approved: (1) the
ratification of the appointment of PricewaterhouseCoopers LLP as
the Partnership's independent registered public accounting firm for
the Partnership's 2024 fiscal year; (2) the Partnership's Amended
and Restated 2018 Restricted Unit Plan authorizing the issuance of
up to an additional 2,650,000 common units pursuant to awards
granted under that Plan; and (3) an advisory amendment resolution
approving executive compensation (commonly referred to as
"Say-on-Pay").
Because the Partnership's agreement of limited partners provides
for Tri-Annual Meetings of the Unitholders (once every three
years), no proposal regarding the frequency of Say-on-Pay
resolutions was presented to the Unitholders at the meeting.
The Partnership will, for so long as required by applicable law,
include a Say-on-Pay proposal at each Tri-Annual Meeting.
A detailed report of Unitholder voting results at the
Partnership's 2024 Tri-Annual Meeting of Unitholders can be found
on Suburban Propane's website at
http://suburbanpropane.com/triannual or in the Current Report
on Form 8-K that the Partnership is filing with the Securities and
Exchange Commission.
About Suburban Propane Partners, L.P.
Suburban Propane
Partners, L.P. ("Suburban Propane") is a publicly traded master
limited partnership listed on the New York Stock Exchange.
Headquartered in Whippany, New
Jersey, Suburban Propane has been in the customer service
business since 1928 and is a nationwide distributor of propane,
renewable propane, renewable natural gas ("RNG"), fuel oil and
related products and services, as well as a marketer of natural gas
and electricity and producer of and investor in low carbon fuel
alternatives, servicing the energy needs of approximately 1 million
residential, commercial, governmental, industrial and agricultural
customers through approximately 700 locations across 42
states. Suburban Propane is supported by three core pillars:
(1) Suburban Commitment – showcasing Suburban
Propane's 95-year legacy, and ongoing commitment to the highest
standards for dependability, flexibility, and reliability that
underscores Suburban Propane's commitment to excellence in customer
service; (2) SuburbanCares – highlighting continued
dedication to giving back to local communities across Suburban
Propane's national footprint; and (3) Go Green with Suburban Propane –
promoting the clean burning and versatile nature of propane and
renewable propane as a bridge to a green energy future and
investing in the next generation of innovative, renewable energy
alternatives. For additional information on Suburban Propane,
please visit www.suburbanpropane.com.
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SOURCE Suburban Propane Partners, L.P.