From what document is the information regarding security ownership of certain beneficial owners and management and related stockholder matters incorporated by reference for Benihana?

According to Benihana's 2024 Franchise Disclosure Document, information regarding the security ownership of certain beneficial owners and management, as well as related stockholder matters, is incorporated by reference from the Company's Proxy Statement for the 2024 Annual Meeting of Stockholders. This means that details about who owns the company's stock, including executives and major shareholders, and other information relevant to stockholders can be found in that specific proxy statement.

For a prospective Benihana franchisee, this indicates that the FDD itself does not contain all the details about the company's ownership structure. Instead, it directs the reader to a separate document, the Proxy Statement, for that information. Proxy statements are typically filed with the Securities and Exchange Commission (SEC) and are publicly available.

This is a common practice for publicly traded companies like Benihana, as it allows them to keep the FDD focused on franchise-specific information while still providing access to important corporate governance details. A potential franchisee interested in understanding the ownership and management structure of Benihana should therefore consult the referenced Proxy Statement for the 2024 Annual Meeting of Stockholders.