WINGS ETC.

Data Based On: 53 franchised restaurants operating for at least 12 months as of December 31, 2024, are included in the financial performance representation for Part 1.

* Average gross revenue calculated as a weighted average across the four franchisee tiers using the number of restaurants in each tier and their 'Average Total Sales Tier' from Table 1 (Page 3). The calculation is: (14 units × $2,213,575 + 13 units × $1,592,956 + 13 units × $1,347,784 + 13 units × $1,042,203) / (14 + 13 + 13 + 13) total units = $1,561,666.21. Median gross revenue is taken from 'All Franchisee Tiers Combined' in Table 3 (Page 6). Revenue for the top quartile is the 'Average Total Sales Tier' for the '1st Quartile - Top 25%' from Table 1 (Page 3). Revenue for the bottom quartile is the 'Average Total Sales Tier' for the '4th - Quartile Botom 25%' from Table 1 (Page 3). Net income, net profit, and EBITDA are not explicitly provided for franchised units. 'Best guess profit low' and 'best guess profit high' are set to null because the document explicitly states that several significant expenses (royalty fees, marketing fees, insurance, legal, accounting, interest, debt service, rent, depreciation/amortization, property taxes, and other taxes/licenses) are not included in the 'Average Total Cost %' figures for franchisees, making an accurate profit estimation impossible from the provided data.