Investor Presentaiton

Total Venues Count Potential ■ Current 200+ Remaining Whitespace Historical Venue Growth (1) 200+ 50+ Significant Runway for Growth 170+ COMPELLING 450+ WHITESPACE 35+ OPPORTUNITY 72% 170+ 88% 88% 63 13 SELECT 2023 Expected Units 25 25 Current STK KONA GRILL (ONE Long-Term Potential Historical Venue Growth STK 63 Charlotte, NC Boston, MA Washington DC 26 Aventura, FL Philadelphia, PA Kona Grill Columbus, OH Riverton, UT Phoenix, AZ Henderson, NV 2023 Venue Count Guidance 3 to 5 3 to5 8 to 12 New Venues Expected in 2023 Tigard, OR Houston, TX Seattle, WA 12/31/2017 Current 138% Growth in 6 Years STK STK ONE KONA GRILL Company-owned Managed/Licensed Managed F&B STK Revenue and Average Weekly Volumes STK Development ROIs Dollars in thousands $350+ Dollars in thousands 104.0% 100%+ $205 $154 Target 2019-2021 Openings 2022 Openings Kona Grill Revenue and Average Weekly Volumes Dollars in thousands $96 $80 $115 50.0% Target 2019 2021 Openings 2022 Openings SUPERIOR HISTORICAL AND NEW UNIT ECONOMICS Kona Grill Acquisition ROI - 24 Units Restaurant Level Margin AUV +26% +130 bps $5.3 10.8% $4.2 9.5% Return on Investment $14.2MM 2022 restaurant EBITDA (1) ~$25.0mm purchase ~60% ROI on Acquisition (1) 2022 revenue of $126.3MM as reported on the Company's 2022 10-K multiplied by 10.8% restaurant level profit and adding back approximately $500K of non-cash rent Target 2019A 2023 Openings 2019 2022 2019 2022

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