FAT Brands Inc. (NASDAQ:FAT) Q1 2022 Earnings Conference Call May 5, 2022 6:00 PM ET Company Participants Andrew Wiederhorn - President & Chief Executive Officer Ken Kuick - Chief Financial Officer Conference Call Participants Joseph Gomes - NOBLE Capital Markets Roger Lipton - Lipton Financial Services Operator Good afternoon, ladies and gentlemen and thank you for standing by. Welcome to the FAT Brands Incorporated First Quarter Fiscal 2022 Earnings Conference Call. [Operator Instructions] Please note tha ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 26, 2021 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |----------------------------------------------------------------------------|------------------------------------------| | | | | | | | | | | | | | | | | | | | | ...

FAT Brands Inc. (NASDAQ:FAT) Q4 2021 Earnings Conference Call March 21, 2022 5:00 PM ET Company Participants Andrew Wiederhorn - President and Chief Executive Officer Ken Kuick - Chief Financial Officer Conference Call Participants Joe Gomes - Noble Capital Roger Lipton - Lipton Financial Services Operator Good afternoon, ladies and gentlemen and thank you for standing by. Welcome to the FAT Brands Inc. Fourth Quarter and Fiscal 2021 Earnings Conference Call. At this time, all participants have been placed ...

BRANDS FRESH. AUTHENTIC. TASTY. Investor Presentation January 2022 CREAMERY® GREAT 48 AM Cookies native grill 箭 wings FAZOLI'S PRETZELMAKER YALLA. mediterranean LEGAL DISCLAIMER 2 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the future financial performance and growth of the Company, the Company's ability to open stores in the development pipeline, and the Company's ability to conduct future ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share FAT The Nasdaq Stock Market LLC Class B Common Stock, par value $0.0001 per share FATBB The Nasdaq Stock Market LLC Series B Cumulative Preferred Stock, par value $0.0001 per share FATBP The Nasdaq Stock Market LLC Warrants to purchase Common Stock FATBW The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ...

BRANDS FRESH. AUTHENTIC. TASTY. Earnings Supplement Q2 2021 August 5th, 2021 AIPLE IF IN I GRILL & WINGS ooki CAFE | EXPRESS PRETZELMAKER YALLA. mediterranean LEGAL DISCLAIMER 4 This Earnings Supplement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the future financial and operating results of the Company, including estimates of annual EBITDA, our ability to integrate the Global Franchise Group brands and cond ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 27, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38250 FAT Brands Inc. (Exact name of registrant as specified in its charter) Delaware 82-1302696 (State or other jurisdiction of incorporation or organization) (I. ...

FRESH. AUTHENTIC. TASTY. Earnings Supplement Q1 2021 May 11, 2021 LEGAL DISCLAIMER 2 This Earnings Supplement of FAT Brands Inc. ("we", "our" or the "Company") contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the future financial and operating results of the Company, our ability to source and conduct future accretive acquisitions, our ability to execute and integrate high-growth and synergistic acquisitions, and ...

Financial Performance - Total revenues for the thirteen weeks ended March 28, 2021, were $6,649,000, an increase of 50.3% from $4,423,000 for the same period in 2020, primarily due to the acquisition of Johnny Rockets[207]. - The net loss for the thirteen weeks ended March 28, 2021, was $2,432,000 compared to a net loss of $2,370,000 for the same period in 2020, indicating a slight increase in losses[206]. - General and administrative expenses rose to $4,926,000 for the first quarter of 2021, up from $3,531,000 in the first quarter of 2020, reflecting an increase of 39.5%[209]. - Other expenses totaled $2,665,000 for the first quarter of 2021, compared to $2,090,000 for the same period in 2020, marking an increase of 27.5%[211]. - Advertising expenses increased to $1,192,000 in the first quarter of 2021 from $931,000 in the first quarter of 2020, reflecting a rise of 28.1%[210]. - The company’s refranchising efforts resulted in operating costs of $427,000 in the first quarter of 2021, down from $539,000 in the same period of 2020[210]. Cash and Liquidity - The company reported a cash and restricted cash balance of $4,915,000 as of March 28, 2021, down from $7,211,000 as of December 27, 2020[219]. - The company expects its liquidity position to be sufficient for the twelve months following the issuance of the Form 10-Q, aided by improved operating performance post-COVID-19[218]. - Net cash used in investing activities decreased by $2,840,000 in the thirteen weeks ended March 28, 2021 compared to the prior year[227]. - Net cash from financing activities decreased by $12,950,000 in the thirteen weeks ended March 28, 2021 compared to the prior year, with proceeds from borrowings being $37,271,000 higher in 2020 due to the sale of Series A-2 and B-2 Notes[228]. Financing Activities - On April 26, 2021, the company completed a private offering of fixed-rate secured notes, resulting in net proceeds of approximately $57 million[217]. - The Series A-2 and B-2 Notes had a combined face amount of $40,000,000, with net proceeds from the issuance being $37,389,000 after discounts and debt offering costs[232]. - Approximately $24,730,000 of the proceeds from the Series M-2 Notes were used to acquire Johnny Rockets, with the remaining balance available for working capital[236]. - Scheduled principal payments of $1,000,000 per quarter on each of the Series A-2 and B-2 Notes are expected to begin in the second quarter of 2021[238]. Corporate Governance - The Board of Directors declared a cash dividend of $0.13 per share, totaling $1,590,000, payable on May 7, 2021[229]. - The Management Agreement provides for a management fee of $200,000 per month, subject to a 3% annual increase[239]. - As of March 28, 2021, FAT Royalty was in compliance with the financial and non-financial covenants associated with the 2020 Securitization Notes[242]. Regulatory and Compliance - The 2021 Securitization Notes included an initial principal amount of $97,104,000 for Series 2021-1 Fixed Rate Senior Secured Notes, Class A-2[244]. - The Company does not have any material commitments for capital expenditures as of March 28, 2021[247]. - The Company is classified as a Smaller Reporting Company (SRC) and is adopting the deferral period for ASU 2016-13, allowing implementation until fiscal periods beginning after December 15, 2022[259]. - The Company is currently evaluating the impact of ASU 2016-13 on its consolidated financial statements but does not expect a material impact[259].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share FAT The Nasdaq Stock Market LLC Series B Cumulative Preferred Stock, par value $0.0001 per share FATBP The Nasdaq Stock Market LLC Warrants to purchase Common Stock FATBW The Nasdaq Stock Market LLC FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the f ...