The Big Burger Company

15 Smith St Austin, TX, 78741, (512) 494-5544

www.bigburgercompany.com

FOR MORE INFORMATION, CONTACT:

Connor Silva, Senior Vice President of Investor Relations
(978) 500-4286
cosilva@syr.edu

FOR IMMEDIATE RELEASE

THE BIG BURGER COMPANY TO ACQUIRE BUNS UNLIMITED

AUSTIN, Texas, February 1, 2022 — The Big Burger Company (NASDAQ: BIGB) today
announced that it will be acquiring Buns Unlimited, a privately-held baked goods company
based in Boise, Idaho, for $750 million in cash. This deal is expected to close in 30 days. In a
statement about the acquisition CEO of BIGB, John R. Flank, explained, “We are excited to
announce that we will be acquiring Bun’s Unlimited, which will operate as a wholly-owned
subsidiary of BIGB. We have made this strategic decision because we want to diversify our
product offering thus allowing us to sell more to the company’s national network of commercial
food service purveyors and groceries. We are thrilled to have them on board and cannot wait to
get to work.” Buns Unlimited will maintain its operational headquarters in Boise and will keep
their senior management team and employees. The share price of BIGB is expected to decrease
by year end due to this acquisition. Lastly, this acquisition does not violate any
Hart-Scott-Rodino Antitrust Act.

About The Big Burger Company

The Big Burger Company (NASDAQ:BIGB), headquartered in Austin, Texas, is the nation’s
leading producer of beef, poultry and vegetarian burgers for commercial food service purveyors
and grocers. For more information, please visit the company’s website at
www.bigburgercompany.com

About Buns Unlimited

Buns Unlimited, headquartered in Boise, Idaho, is a privately-held baked goods company that
supplies a national network of commercial food service purveyors and grocers with a wide
variety of breads, buns and assorted baked goods. For more information, please visit the
company’s website at www.bunsunlimited.com

Safe Harbor Statement

This press release may contain forward-looking statements that involve risks and uncertainties.
For a complete declaration of the company’s Safe Harbor Statement, please refer to the
company’s Annual Report on Form 10K.

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