Cava Group, Inc.

These forward-looking statements relate to matters such as our industry, business strategy, goals, expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources, and other financial and operating information.

SEC original ↗Cava Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 12, 2025

FAIR VALUE Assets Measured at Fair Value on a Recurring Basis Fixed income debt securities The fair values of fixed income debt securities were based on the market values obtained from an independent asset management service.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

Typical inputs and assumptions to pricing models used to value the Company s investments in fixed income debt securities include, but are not limited to, benchmark yields, reported trades, broker-dealer quotes, credit spreads, credit ratings, bond insurance (if applicable), benchmark securities, bids, offers, reference data, and industry and economic events.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

government bonds 26,387 26,387 Fixed income debt securities $ 26,387 $ 83,725 $ $ 110,112 Note Receivable $ $ $ 5,291 $ 5,291 Assets Measured at Fair Value on a Non-recurring Basis Assets recognized or disclosed at fair value in the accompanying unaudited condensed consolidated financial statements on a nonrecurring basis may include items such as property and equipment, net, operating lease assets, goodwill, and intangible assets.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

DEBT On March 20, 2026, the Company entered into Amendment No.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

3 to the Credit Agreement dated March 11, 2022 (as amended, the Credit Facility ), with JPMorgan Chase Bank, N.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

These forward-looking statements relate to matters such as our industry, business strategy, goals, expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources, and other financial and operating information.

SEC original ↗Cava Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Management believes Adjusted EBITDA, Adjusted EBITDA Margin, general and administrative expenses, excluding equity-based compensation, Adjusted Net Income, Adjusted Diluted Earnings Per Share, and Free Cash Flow are useful to investors in highlighting trends in our operating performance, while other measures can differ significantly depending on long-term strategic decisions regarding capital structure, the tax jurisdictions in which we operate, and capital investments.

SEC original ↗Cava Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Management uses Adjusted EBITDA, Adjusted EBITDA Margin, general and administrative expenses, excluding equity-based compensation, Adjusted Net Income, Adjusted Diluted Earnings Per Share, and Free Cash Flow to supplement GAAP measures of performance in the evaluation of the effectiveness of our business strategies, to make budgeting decisions, and to compare our performance against that of other peer companies using similar measures.

SEC original ↗Cava Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 12, 2025

The Credit Facility is unconditionally guaranteed by the Company s domestic restricted subsidiaries other than certain excluded subsidiaries and is secured, subject to certain exceptions, by a first-priority security interest in substantially all of the assets of the Company and the guarantors and a first-priority pledge of the capital stock of each subsidiary guarantor.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

The forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify.

SEC original ↗Cava Group, Inc. — Earnings release (8-K exhibit)EX-99Aug 12, 2025

The forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify, including those described in our Annual Report on Form 10-K for the fiscal year ended December 28, 2025 (our Annual Report ).

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

Legal Proceedings 28 Item 1A.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

Litigation The Company is currently involved in various claims and legal actions that arise in the ordinary course of its business, including claims resulting from employment related matters.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

While the ultimate outcome and the costs associated with litigation are inherently uncertain and difficult to predict, as of the date hereof, the Company does not believe that any of its pending legal proceedings, most of which are covered by insurance, will have a material effect on the Company s business, financial condition, results of operations, or cash flows.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026

However, a significant increase in the number of these claims or an increase in uninsured amounts owed under successful claims could materially and adversely affect the Company s business, financial condition, results of operations, or cash flows.

SEC original ↗Cava Group, Inc. — 10-Q Quarterly report10-QAug 12, 2026