FERRELLGAS PARTNERS L P

Ferrellgas Partners is a publicly traded Delaware limited partnership formed in 1994, primarily engaged in the retail distribution of propane and related equipment sales. Its Class A Units are traded on the OTC Market under the symbol "FGPR." Ferrellgas Partners is a holding entity with two direct subsidiaries: the operating partnership and Ferrellgas Partners Finance Corp. Its activities are primarily conducted through the operating partnership, which was formed on April 22, 1994, and accounts for substantially all consolidated assets, sales, and operating earnings. Ferrellgas Partners and the Preferred Unitholders are the only limited partners of the operating partnership. Ferrellgas, Inc. is the sole general partner of Ferrellgas Partners and the operating partnership, owning an approximate 1% general partner economic interest in each, and an effective 2% general partner economic interest in the operating partnership, excluding economic interests attributable to Class B Units and Preferred Units. Ferrellgas Partners owns an approximate 99% limited partner interest in the operating partnership, excluding economic interests attributable to the Preferred Units. The general partner performs all management functions. Ferrell Companies, the parent company of the general partner, currently beneficially owns approximately 23.4% of outstanding Class A Units and is 100% owned by an employee stock ownership trust. The company is a leading distributor of propane and related equipment and supplies to customers in the United States. It believes it is the second largest retail marketer of propane in the United States by retail sales volume in fiscal 2025 and a leading national provider of propane by portable tank exchange. It serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale, and other customers.