FAT Brands Inc. Class B Common Stock represents ownership in FAT Brands Inc., a leading multi-brand restaurant franchising company incorporated in 2017 and headquartered in Beverly Hills, California. The company acquires, develops, markets, and manages a diverse portfolio of quick service, fast casual, casual dining, and polished casual dining concepts across the United States, Canada, and international markets. Its iconic brands include Fatburger, Johnny Rockets, Round Table Pizza, Fazoli’s, Great American Cookies, Marble Slab Creamery, Hot Dog on a Stick, Pretzelmaker, Elevation Burger, Yalla Mediterranean, Buffalo’s Cafe and Buffalo’s Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks, operating over 2,200 locations globally. FAT Brands Inc. focuses on franchising these established eateries, driving expansion through innovative promotions, new openings, and strategic partnerships while navigating recent Chapter 11 proceedings filed in January 2026 to restructure its capital. As a subsidiary of Fog Cutter Holdings, LLC, it plays a significant role in the competitive restaurant franchising sector, emphasizing fresh, authentic, and tasty dining experiences.