The SERC Committee of UGI’s Board of Directors is responsible for the following responsibilities, which are outlined in the Committee’s Charter: � review the adequacy of, and provides oversight with respect to, the Company’s safety, environmental and regulatory compliance policies, programs, procedures, initiatives and training � review operational risks associated with the Company’s businesses � review the Company’s policies and programs to promote cyber security and to mitigate cyber security risks � review reports regarding the Company’s code of ethical conduct for employees to the extent relating to safety, environmental and regulatory compliance matters � keep abreast of the regulatory environment within which the Company operates.