UGIC UGI Corporation

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 7, 2024

UGI Corporation

(Exact Name of Registrant as Specified in Its Charter)

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500 North Gulph Road, King of Prussia, PA 19406

(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, Including Area Code: 610 337-1000

Not Applicable

Former Name or Former Address, if Changed Since Last Report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

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Effective August 7, 2024, the Board of Directors of UGI Corporation (the “Company”) appointed Tina Faraca to serve as Director of the Company. A Committee assignment for Ms. Faraca will be determined at a future Board meeting. Ms. Faraca will receive an annual retainer of $102,500, pro-rated for the number of months she serves as a Director of the Company during the 2024 fiscal year. In addition, it is anticipated that Ms. Faraca will receive an equity grant in January 2025, prorated to include service as a Director during calendar year 2024 and consistent with the Company’s director compensation practices.

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Ms. Faraca serves as Executive Vice President (since 2023) and President (since 2022) of U.S. Natural Gas Pipelines for TC Energy Corporation (TSX, NYSE: TRP), a North American energy infrastructure company that safely moves, generates, and stores energy, and she is responsible for leading commercial and operational matters across TC Energy’s regulated natural gas transmission and storage business. Ms. Faraca joined TC Energy in 2020 as Senior Vice President, Commercial, U.S. Natural Gas. Previously, Ms. Faraca served as Chief Commercial Officer (2019–2020) and Senior Vice President, Commercial (2018–2019) of Enable Midstream Partners. Prior to Enable Midstream Partners, Ms. Faraca served in a number of leadership roles with Enbridge (2001–2018), and its predecessors Spectra Energy and Duke Energy, including as Vice President, U.S. Engineering and Construction (2012–2018), Vice President, Strategy Development (2011–2012) and President, Maritimes & Northeast Pipeline (2007–2011). Ms. Faraca earned a Bachelor of Science in petroleum engineering from the Colorado School of Mines.

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A copy of the Company’s press release announcing the foregoing is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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Exhibit 99.1

UGI Corporation Elects Tina Faraca to its Board of Directors

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August 13, 2024

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VALLEY FORGE, Pa., August 13, 2024  – UGI Corporation (NYSE: UGI) announced today that Tina Faraca was elected a director of UGI Corporation, effective August 7, 2024.  Ms. Faraca is the Executive Vice President and President, U.S. Natural Gas Pipelines, for TC Energy Corporation (TSX, NYSE: TRP), a North American energy infrastructure company that safely moves, generates and stores energy, and she is responsible for leading commercial and operational matters across TC Energy’s regulated natural gas transmission and storage business.  Ms. Faraca joined TC Energy in 2020.  

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Mario Longhi, Interim President and Chief Executive Officer, said, “Tina’s leadership, operational and strategic planning experience as a member of the executive leadership team of an energy infrastructure company as well as her in-depth expertise in the energy industry will be an asset to UGI.  We are looking forward to welcoming Tina to our Board of Directors.”

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Prior to joining TC Energy, Ms. Faraca served as Chief Commercial Officer (2019-2020) and Senior Vice President, Commercial (2018-2019) of Enable Midstream Partners.  She also served in a number of leadership roles with Enbridge (2001-2018) and its predecessors, Spectra Energy and Duke Energy, including as Vice President, U.S. Engineering and Construction (2012-2018), Vice President, Strategy Development (2011-2012) and President, Maritimes and Northeast Pipeline (2007-2011).  

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About UGI

UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services.

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Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

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CONTACT INVESTOR RELATIONS

610-337-1000

Tameka Morris, ext. 6297

Arnab Mukherjee, ext. 7498

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