First Watch IPO Presentation Deck

26 Additional Initiatives to Continue Our Journey of Growth Weekday Lunch Create demand through increased occasion relevancy Optimize core menu offerings More relevant lunch items like bowls and handhelds . ● Reduce complexity to increase speed Utilize historical seasonal items. Avocado Toast $11.49 QUICK ADD VIEW ITEM ● Customer Technology Increase accessibility and reduce friction ● CHECKOUT $10.6 Enhance customer experience and customize communication and personalization 3 Customer Relationship Management App based waitlist and ordering Pay-at-the-table Restaurant Technology Increase capacity and serve more demand at peak ● Increase ability to serve demand by reducing wait times during peak hours • Dining room seating optimization Kitchen display systems FIRST WATCH BEGASFRIT BRUNCH SEISIE

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