Company: CAVA
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001628280-25-019936
Chunk: 43

Company: CAVA GROUP, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 43
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 ($)                                                                                                   |           |     | Plus: Average Fair Value as of Fiscal Year-End of Stock and Option Awards Granted in Covered Year for Non-CEO NEOs 
 ($)                                                                                                                |           |     | Plus: Average Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years for Non-CEO NEOs 
 ($)                                                                                                                  |            |     | Plus: Average Change in Fair Value of Stock and Option Awards that Vested in the Covered Year for Non-CEO NEOs 
 ($)                                                                                                            |           |     | Less: Average Fair Value at Prior Fiscal Year-End of Stock and Option and Option Awards Forfeited during the Covered Year for Non-CEO NEOs 
 ($)                                                                                                                                        |   |     | Average Compensation Actually Paid to Non-CEO NEOs 
 ($)                                                |            |
| 2024 |     |                                                           |   908,319 |     |                                                                                                       |         — |     |                                                                                                                    |         — |     |                                                                                                                      | 20,921,990 |     |                                                                                                                | 5,651,187 |     |                                                                                                                                            | — |     |                                                    | 27,481,496 |
| 2023 |     |                                                           | 2,781,834 |     |                                                                                                       | 1,854,424 |     |                                                                                                                    | 5,065,659 |     |                                                                                                                      |  3,245,653 |     |                                                                                                                |   690,991 |     |                                                                                                                                            | — |     |                                                    |  9,929,713 |

5. For the relevant fiscal year, represents the cumulative total shareholder return ("TSR") of CAVA through the last day of the applicable fiscal year, assuming $100 was invested on the date of our IPO, June 15, 2023.

6. For the relevant fiscal year, represents the cumulative TSR of the S&P 500 Restaurants Index (Peer Group TSR) through the last day of the applicable fiscal year, assuming $100 was invested on May 31, 2023 and dividends were reinvested.

7. Reflects net income in CAVA's Consolidated Statements of Operations included in the Company's Annual Reports on Form 10-K for each of the fiscal years ended December 31, 2023, and December 29, 2024.

8. Company Selected Measure ("CSM") is Adjusted EBITDA, which is defined as net income adjusted to exclude interest income, net, (benef