JACK Investor Presentation This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements may be identified by words such as "anticipate," "believe," "estimate," "expect," "forecast," "goals," "guidance," "intend," "plan," "project," "may," "will," "would" and similar expressions. These statements are based on management's current expectations, estimates, forecasts and projections about our business and the industry in which we operate. Th ...

Core Points - Jack in the Box Inc. has appointed Mark King and Alan Smolinisky as new independent directors to its Board of Directors, expanding the board to 10 members [1][2][3] - The appointments are part of a cooperation agreement with stockholder GreenWood Investors, LLC, which includes provisions for voting and a Capital Allocation Committee chaired by Mr. Smolinisky [2][3] - The company aims to enhance its performance and stockholder value through a simplified, asset-light business model, leveraging the expertise of the new directors [3][4] Company Overview - Jack in the Box operates approximately 2,160 restaurants across 22 states and is one of the largest hamburger chains in the U.S. [6] - The company also operates Del Taco, the second largest Mexican-American QSR chain in the U.S. with over 550 restaurants across 18 states [6] Directors' Background - Mark King has over 40 years of experience in the restaurant and retail industries, including leadership roles at Taco Bell and adidas North America [3][4] - Alan Smolinisky is a transformative investor with nearly three decades of experience in commercial real estate, finance, and capital markets, and is known for his role in co-owning the Los Angeles Dodgers [4] Strategic Intent - The cooperation agreement with GreenWood is aimed at improving the company's performance, reducing debt, and driving sustainable same-store sales [3][4] - The board's focus will be on building momentum in the business and enhancing stockholder value through strategic insights from the new directors [3][4]