Portillo's (PTLO) investor relations material

Executive summary

• Leadership transitions included the appointment of Brett Patterson as President and CEO in February 2026 and Eugene I. Lee, Jr. as Chairman in March 2026, following a strategic reset of growth and development plans in 2025.

• The company emphasizes operational excellence, disciplined growth, and a people-first culture, aiming for long-term shareholder value.

• 2025 saw the opening of the 100th restaurant, launch of a loyalty program, and continued expansion into new markets.

• Key strategic objectives focused on world-class operations, innovation, efficient restaurant development, and team engagement.

Voting matters and shareholder proposals

• Shareholders are asked to vote on the election of seven directors, an advisory say-on-pay vote, and ratification of Deloitte & Touche LLP as auditors for fiscal 2026.

• The Board recommends voting FOR all director nominees, executive compensation, and auditor ratification.

• Shareholder proposals for the 2027 meeting must be submitted by December 21, 2026.

Board of directors and corporate governance

• Board refreshment continued with the addition of Jack Hartung and Eugene I. Lee, Jr. in 2025.

• The Board is composed of directors with diverse skills in executive leadership, finance, operations, technology, and governance.

• All directors except the CEO are independent under Nasdaq rules.

• Committees include Audit, Compensation, and Nominating & Corporate Governance, each with defined charters and independent membership.

• The Board conducts annual self-evaluations and maintains a robust director onboarding and education program.