Company: SPH
Filing Date: 2025-02-12
Form Type: S-3
Source: 0001193125-25-024546
Chunk: 9

Company: SUBURBAN PROPANE PARTNERS LP
Filing Date: 2025-02-12
Form: S-3
Chunk 9
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 presidential administration, and other regulatory developments that could impose costs and liabilities on the        
 Partnership’s business;                                                                                                                                                                                                                                |

| • |     | The impact of changes in tax laws that could adversely affect the tax treatment of the Partnership for income tax 
 purposes;                                                                                                         |

| • |     | The impact of legal risks and proceedings on the Partnership’s business; |

| • |     | The impact of operating hazards that could adversely affect the Partnership’s reputation and its operating 
 results to the extent not covered by insurance;                                                            |

| • |     | The Partnership’s ability to make strategic acquisitions, successfully integrate them and realize the 
 expected benefits of those acquisitions;                                                              |

| • |     | The ability of the Partnership and any third-party service providers on                                                                                   
 which it may rely for support or services to continue to combat cybersecurity threats to their respective and shared networks and information technology; |

| • |     | Risks relating to the Partnership’s plans to diversify its business; |

| • |     | The impact of current conditions in the global capital, credit and environmental attribute markets, and general 
 economic pressures; and                                                                                         |

| • |     | Other risks referenced from time to time in filings with the SEC and those factors included in and incorporated 
 by reference into this prospectus under “Risk Factors.”                                                         |

The risks set forth above are not exhaustive. Other sections of this prospectus, including the documents that we incorporate by reference herein and therein, may include additional factors that could adversely affect our business and financial performance. Moreover, we operate in a competitive and rapidly changing environment. New risk factors emerge from time to time, and it is not possible for management to predict all risk factors, nor can we assess the impact of all risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Investors should also refer to our Annual Reports on Form 10-K,our Quarterly Reports on Form 10-Qand our Current Reports on Form 8-Kas we file them with the SEC, and to other materials we may furnish to the public from time to time through Current Reports on Form 8-Kor otherwise, for a discussion of risks and uncertainties that may cause actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements. We expressly disclaim any responsibility to update any Forward