Company: FWRG
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001789940-25-000031
Chunk: 49

Company: First Watch Restaurant Group, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 49
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 2030 in an amount equal to the least of (i) two percent (2%) of the total number of shares of Common Stock actually issued and outstanding on the last day of the preceding year, (ii) a number of shares of Common Stock determined by the Board; and (iii) 4,034,072 shares of Common Stock. On December 26, 2022, January 1, 2024 and December 30, 2024, the aggregate number of shares reserved for awards under the 2021 Plan automatically increased by 1,184,220, 1,197,834 and 1,214,002 respectively.

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#### PROPOSAL 2: AUDITOR RATIFICATION PROPOSAL

### PRICEWATERHOUSECOOPERS LLP
PwC has been the independent registered public accounting firm for First Watch since 1999.

#### Vote Required and Board Recommendation
Although stockholder ratification of the Board’s action in this respect is not required, the Board believes that it is a sound corporate governance practice to seek stockholder ratification of the appointment of the Company’s independent registered public accounting firm. If the stockholders do not ratify the appointment of PwC, the Board may reconsider the appointment.

The vote required for the Auditor Ratification Proposal is a majority of the stock having voting power present in person or represented by proxy and entitled to vote at the Annual Meeting. The Board recommends a vote “ FOR ” the Auditor Ratification Proposal.

A representative of PwC is expected to be present at the meeting and will have the opportunity to make a statement if so desired and is expected to be available to respond to appropriate questions from stockholders.

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### AUDITOR FEES AND SERVICES

#### PRICEWATERHOUSECOOPERS LLP
The following table lists the fees for services rendered by PwC for the fiscal years ended December 29, 2024 and December 31, 2023:

|                        |     | Fiscal Year Ended 
 December 29, 2024 |     | December 31, 2023 |
|:-----------------------|:----|------------------:|:----|------------------:|
| Audit Fees (1)         |     |        $1,691,200 |     |        $1,624,000 |
| Audit Related Fees (2) |     |                 — |     |                 — |
| Tax Fees (3)