Does any officer of Cordova currently own an interest in any of Cordova's designated suppliers?

According to Cordova's 2025 Franchise Disclosure Document, currently, no officer of Cordova owns an interest in any of its designated suppliers. This means that as of the issuance date of the FDD, there is no direct financial relationship between Cordova's officers and the companies that supply goods and services to Cordova franchisees. This arrangement aims to prevent potential conflicts of interest and ensure fair dealings with suppliers.

However, Cordova retains the right to designate itself or its affiliates as exclusive suppliers of source-restricted goods and services. This means Cordova or its affiliates could become suppliers, irrespective of other competing suppliers. Cordova also reserves the right to receive rebates, payments, and other material benefits from suppliers based on franchisee purchases and may institute and expand rebate programs in the future.

As a prospective franchisee, it's important to understand that while no officer currently has a conflict of interest, Cordova has the ability to designate exclusive suppliers, including themselves or their affiliates, and to receive compensation from these suppliers. This could influence which suppliers are designated and the terms negotiated. Franchisees should monitor any changes to the approved supplier list and any potential impact on their operating expenses.