Information in regards to corporate action affecting Class A ordinary shares of FAT Brands Inc. (FAT)

On January 16, 2025, FAT Brands Inc. announced a spin-off of Twin Hospitality Group Inc. effective after the close of trading on January 29, 2025. FAT Brands Inc. stockholders will receive 0.1520207 share of Twin Hospitality Group Inc. common stock per share of FAT Brands Inc. that they own. Shares of Twin Hospitality Group Inc. will commence trading on the Nasdaq Global Market under the trading symbol “TWNP” on January 30, 2025. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.