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Board of Supervisors Code of Ethics Suburban Propane Partners, L.P. Code of Ethics for Chief Executive Officer, Chief Financial Officer and Controller The Partnership has adopted a Code of Ethics for its Chief Executive Officer, Chief Financial Officer, Controller and any other senior executives or financial officers and managers performing similar functions and so designated from time to time by the Chief Executive Officer (collectively the “Senior Executive Officers and Financial Management”). This Code of Ethics is designed to promote honest and ethical conduct; full, fair, accurate, timely and understandable disclosure of financial information in the periodic reports of the Partnership; and compliance with applicable laws, rules and regulations. The obligations of this Code of Ethics supplement, but do not replace, the Code of Business Conduct applicable to all employees. Senior Executive Officers and Financial Management of the Partnership will, to the best of their knowledge and ability: Act with honesty and integrity, avoiding actual or apparent conflicts of interest in personal and professional relationships Provide information that is accurate, complete, objective, relevant, timely and understandable to ensure full, fair, accurate, timely, and understandable disclosure in reports and documents that the Partnership files with, or submits to, government agencies and in other public communications.
The Audit Committee of the Board of Supervisors will assess compliance with this Code of Ethics, report violations of this Code of Ethics to the Board of Supervisors, and, based upon the relevant facts and circumstances, recommend to the Board of Supervisors appropriate action. The Audit Committee of the Board of Supervisors shall approve any waiver or amendment of this Code of Ethics, and any such waiver or amendment shall be disclosed promptly, as required by law or SEC regulation. A violation of this Code of Ethics may result in disciplinary action, including termination of employment. |