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UGI Corporation Appoints Sidd Manjeshwar as Chief Strategy Officer

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VALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI Corporation (NYSE: UGI) today announced that Sidd Manjeshwar has joined as Chief Strategy Officer and serves as part of the company’s executive leadership team. In this newly created role, Manjeshwar will be responsible for formulating and driving UGI’s enterprise vision and strategy, and leading strategic initiatives including assessing growth opportunities.

Robert Flexon, President and CEO of UGI Corporation, said, “Over the past year, we have been focused on operational excellence and business turnaround, to drive greater intrinsic value and solidify our foundation. As we advance this crucial work, Sidd's extensive experience in corporate strategy, M&A, and value creation will help us optimize UGI’s future through growth while ensuring long-term sustainability.”

Manjeshwar brings more than 25 years of experience in investment banking and corporate leadership. Most recently, he has served as Senior Vice President and Chief Financial Officer at AdvanSix with global responsibility for Controllership, Treasury, Investor Relations, Procurement, Internal Audit, Commercial Finance, Tax, and Financial Planning and Analysis. Prior to that he served as Vice President, Corporate Treasurer and Investor Relations at Air Products and Chemicals, Inc., and earlier, as Chief Financial Officer at FirstLight Power. Manjeshwar has held leadership positions at Dynegy Inc. as Vice President, Corporate Finance and M&A, and Treasurer, and worked in investment banking at Deutsche Bank, Barclays Capital, and Lehman Brothers.

“UGI is a high-quality organization with strong values, disciplined leadership, and a clear focus on long-term value creation,” said Manjeshwar. “I’m excited to partner with the team to support continued execution and build on the momentum underway.”

Manjeshwar holds a B.E. in Electronics from the University of Mumbai, a M.S. in Computer Science from James Madison University, and an M.B.A. from Georgetown University’s McDonough School of Business.

About UGI Corporation

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.

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

610-337-1000

Tameka Morris, ext. 6297

Arnab Mukherjee, ext. 7498

Source: UGI Corporation

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