What periods are covered in Checkers' audited consolidated balance sheets included as Exhibit H?

According to Checkers' 2025 Franchise Disclosure Document, Exhibit H includes audited consolidated balance sheets as of December 30, 2024 (Successor), January 1, 2024 (Successor) and January 2, 2023 (Predecessor). These balance sheets are part of a larger set of consolidated financial statements.

These financial statements also include the related consolidated statements of operations, stockholder's equity (deficit) and cash flows for various periods. Specifically, these include the fiscal year ending December 30, 2024 (Successor), the periods from June 17, 2023 through January 1, 2024 (Successor) and January 3, 2023 through June 16, 2023 (Predecessor), and the fiscal years ending January 2, 2023 (Predecessor) and January 3, 2022 (Predecessor).

The inclusion of both Successor and Predecessor periods is due to a Recapitalization Agreement. This agreement necessitates the presentation of financial data in these distinct periods to provide a clear picture of the company's financial changes. Footnote 1 within the audited financial statements provides further details regarding this transaction. Franchisees should review these statements and footnotes carefully to understand the context of the financial data presented.