FWRG · First Watch Restaurant Group, Inc.

The appointment of Ashlee Weisser as CFO represents a leadership transition from Mel Hope, who is retiring. Weisser, who joined First Watch in October 2023 as SVP of Financial Planning & Analysis, brings over 15 years of financial experience in the restaurant industry, including previous CFO roles at Maple Street Biscuit Company and Bloomin' Brands. Her compensation package includes a base salary of $475,000, a target annual bonus of 70% of base salary, and an initial equity grant of RSUs with a fair market value of $275,000. This structured compensation aligns her incentives with shareholder value and retention. The company expects a seamless transition with Hope serving as an advisor.