According to Crave's 2025 Franchise Disclosure Document, the Statements of Changes in Member's Equity for the years ended December 31, 2024, 2023, and 2022 are included in Item 23. Item 23 contains the financial statements for Crave. This statement provides details on how the equity of the company's member has changed over the three-year period.

For a prospective franchisee, this information is useful for understanding the financial transactions affecting the owner's equity in the company. It reflects capital contributions and distributions, as well as any other changes impacting the equity. Reviewing these statements can provide insights into how Crave manages its finances and distributes profits to its owner.

It is important to note that the specific page number within the FDD is not provided in the excerpt. To find the exact page, a franchisee should refer to the full FDD document. The table of contents in Exhibit A lists the financial statements included in the FDD.