Is the financial statement for the Bambu Marketing and Technology Fund audited or unaudited?

According to Bambu's 2025 Franchise Disclosure Document, the financial statement for the Marketing and Technology Fund is unaudited. Bambu will provide a franchisee with an unaudited financial statement indicating how the Marketing and Technology Fund has been spent in the prior year, if the franchisee makes a written request. This statement will be available no later than 60 days after the end of each fiscal year.

This means that the financial information provided to franchisees regarding the fund's expenditures has not been independently verified by an auditor. While Bambu is obligated to maintain a separate account for the fund and use it for specific purposes, the lack of an audit means there is less assurance that the funds are being managed and spent as intended.

Prospective franchisees should consider the implications of receiving unaudited financial statements. While this is not uncommon in franchising, it places a greater burden on the franchisee to review the provided information carefully and ask questions about any discrepancies or concerns. It would be prudent for a potential franchisee to discuss the Marketing and Technology Fund with existing franchisees to understand how the fund is managed in practice and whether they have any concerns about its transparency or effectiveness.