Where can the names of the Southern Steer franchisee's owners and their ownership interests be found?

According to Southern Steer's 2025 Franchise Disclosure Document, the names of the franchisee's owners and their ownership interests are detailed in the Statement of Ownership, which is attached as Attachment B to the Franchise Agreement. The franchisee must provide this document to Southern Steer. This statement should accurately state and completely describe the ownership details.

Southern Steer requires franchisees to maintain a current schedule of all owners and their respective ownership interests. Franchisees must provide Southern Steer with a copy of the updated Ownership Statement whenever there is any change of ownership. This updated statement must include each owner's name, address, telephone number, and email address, as well as the percentage of ownership each owner holds in the franchise.

Furthermore, if there are any changes to the ownership, such as a person or entity ceasing to be an owner or a new owner joining, the franchisee must notify Southern Steer in writing within five business days. The new owner will also be required to execute all documents required by Southern Steer at that time. This ensures that Southern Steer always has current and accurate information about the ownership of each franchise, which is a common practice in franchising to maintain control and oversight.