(Incorporated in Delaware)

We are a fast-casual sandwich chain known for our sub sandwiches featuring an array of freshly sliced meat and cheese, bread baked daily in our stores, and produce prepared in the shop instead of being pre-packaged. We have about 3,300 locations in the U.S. – mostly run by independent franchise owners. We also have a low number of company-owned stores. Our roots go back to 1956.

Most of our revenue comes from royalties and advertising sales.

We have recently begun to expand internationally. We entered into a 300-store development agreement within Canada, where our initial locations have achieved annualized average weekly sales of $1.6 million as of December 28, 2025, exceeding U.S. system averages and validating the international appeal of the Jersey Mike’s brand. We have also secured an initial development agreement for 300 stores in the UK and Ireland, partnering with the brand’s founder, Peter Cancro, who will bring the same vision and passion that built the brand in the U.S. to European guests. We believe our international opportunity is substantial and could ultimately exceed the size of our domestic business.

Note: Net income and revenue are for the 12 months that ended on Dec. 31, 2025.

(Note: Jersey Mike’s, a national chain of franchised sandwich shops, filed its S-1 for its IPO on July 2, 2026, without disclosing the terms. Wall Street pros believe that Jersey Mike’s IPO could raise somewhere between $800 million and about $1 billion.)