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Sunoco LP Maintains Quarterly Distribution

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DALLAS, Jan. 25, 2023 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN") announced that the Board of Directors of its general partner declared a quarterly distribution for the fourth quarter of 2022 of $0.8255 per common unit or $3.3020 per common unit on an annualized basis. The distribution will be paid on February 21, 2023 to common unitholders of record on February 7, 2023.

About Sunoco LP

Sunoco LP (NYSE: SUN) is a master limited partnership with core operations that include the distribution of motor fuel to approximately 10,000 convenience stores, independent dealers, commercial customers and distributors located in more than 40 U.S. states and territories as well as refined product transportation and terminalling assets. SUN's general partner is owned by Energy Transfer LP (NYSE: ET).

Qualified Notice

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that one hundred percent (100%) of Sunoco LP's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Sunoco LP's distributions to foreign investors are subject to federal tax withholding at the highest applicable effective tax rate. Nominees, and not Sunoco LP, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold.

Contacts

Scott Grischow

Treasurer, Sr. Vice President – Investor Relations and Mergers & Acquisitions

(214) 840-5660, scott.grischow@sunoco.com

Matthew Kobler

Sr. Manager – Investor Relations

(214) 840-5604, matthew.kobler@sunoco.com

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SOURCE Sunoco LP

Sunoco LP

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Pipeline Transportation of Crude Oil
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About SUN

for more than 125 years, the sunoco brand has been synonymous with quality and excellence. that rich heritage sets the stage for our culture of success today. and it will continue to guide our growth well into the future. every year, we transport millions of gallons of transportation fuel, crude oil, and other products through our logistics business. and our retail operations in 24 states provides our customers with the convenience and speed they want. today, sunoco is known as a company on the move—constantly innovating, evolving, and always delivering. a lot has changed in 125 years, but not our commitment to helping our customers get to where they’re going. the racing fuel of choice in 2004, sunoco became the official fuel of nascar®. already the authorized gasoline manufacturer for more than 50 racing series, sunoco added nascar's sprint cup series™, nascar's nationwide series™, and nascar's camping world truck series™ to that list. more recently, sunoco established a partne