Mr. Scott Grischow of Sunoco reports

SUNOCO LP AND PARKLAND CORPORATION ANNOUNCE EXPIRATION OF HART-SCOTT-RODINO ACT WAITING PERIOD

Sunoco LP and Parkland Corp. have seen the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with Sunoco's pending acquisition of Parkland.

The expiration of the waiting period under the HSR act satisfies an important regulatory approval necessary for the completion of the transaction, which is expected to close in the fourth quarter of 2025, subject to obtaining other regulatory approvals and the satisfaction of certain customary closing conditions.

About Sunoco LP

Sunoco is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe and Mexico. The partnership's mid-stream operations include an extensive network of approximately 14,000 miles of pipeline and over 100 terminals. This critical infrastructure complements the partnership's fuel distribution operations, which serve approximately 7,400 Sunoco and partner branded locations and additional independent dealers and commercial customers. Sunoco's general partner is owned by Energy Transfer LP.

About Parkland Corp.

Parkland is a leading international fuel distributor, marketer and convenience retailer with safe and reliable operations in 26 countries across the Americas. Parkland's retail network meets the fuel and convenience needs of everyday consumers. Parkland's commercial operations provide businesses with fuel to operate, complete projects and better serve their customers. In addition to meeting its customers' needs for essential fuels, Parkland provides a range of choices to help them lower their environmental impact, including manufacturing and blending renewable fuels, ultrafast electric vehicle charging, a variety of solutions for carbon credits and renewables, and solar power. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, Parkland has developed supply, distribution and trading capabilities to accelerate growth and business performance.

Parkland's strategy is focused on two interconnected pillars: its customer advantage and its supply advantage. Through its customer advantage, Parkland aims to be the first choice of its customers through its proprietary brands, differentiated offers, extensive network, competitive pricing, reliable service and compelling loyalty program. Parkland's supply advantage is based on achieving the lowest cost to serve among independent fuel marketers and distributors in the hard-to-serve markets in which it operates, through its well-positioned assets, significant scale, and deep supply and logistics capabilities. Parkland's business is underpinned by its people and its values of safety, integrity, community and respect, which are embedded across Parkland's organization.

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