Company: JACK
Filing Date: 2025-01-27
Form Type: DEF 14A
Source: 0000807882-25-000004
Chunk: 2

Company: JACK IN THE BOX INC
Filing Date: 2025-01-27
Form: DEF 14A
Chunk 2
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 • |     | Annual assessment of Board leadership structure |

| • |     | Annual Board, committee, and individual director evaluations |

| • |     | Policy requiring long-tenured directors (more than 12 years on the Board) to submit voluntary offer to resign and be reviewed by Nominating & Governance Committee with respect to continued effectiveness |

| • |     | Risk oversight by full Board and designated committees |

| • |     | No poison pill in place |

| • |     | Prohibition of hedging, pledging and short sales by Section 16 officers and by Company directors |

| • |     | Formal ethics Code of Conduct, ethics hotline, and ethics training and communications to all employees to reinforce a culture of integrity |

| • |     | NASDAQ compliant clawback policy |

3 JACK IN THE BOX INC. | 2025 PROXY STATEMENT

Fiscal 2024 Review ____________________________________________________________________________________________________________ Summary In fiscal 2024, we achieved significant milestones for our Company: • The largest number of new restaurant openings in over a decade for Jack in the Box, with sustained sales outperformance in new markets • Positive net unit growth at both brands with a growing new restaurant pipeline • Progress on brand building initiatives including first and third party digital, new POS rollout, and restaurant reimages • Refranchising of Del Taco, now an asset-light business at about 80% franchise-owned • And lastly, managing through significant inflation and cost pressures from increased minimum wages in California Entering 2025, we believe strongly in our ability to continue executing our transformation strategy to deliver shareholder value, and build on our long-term growth plan that is beginning to take shape and show results. Returns to Shareholders In fiscal 2024, the Company returned approximately $70 million to shareholders through stock buybacks, as well as another $34 million in dividends. The Company continues to offer a viable long-term opportunity for shareholders seeking a value-oriented stock with a growth-focused strategy in place. Financial and Operational Results (FY 2024) • System same-store sales (1) decreased 1.3% year-over-year for Jack in the Box and decreased 1.5% year-over-year for Del Taco. • Total revenues for the full year were $1.6 billion. • Restaurant-level margin (2) for the full year was 21.7% for Jack in the Box and was 14.1% for Del Taco. • Franchise-level margin (2) for the full year was 40