Company: CAVA
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001628280-25-019936
Chunk: 26

Company: CAVA GROUP, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 26
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,000 |     |             |  88,947,000 |     |             | 123,626,000 |     |                | 126,248,000 |     |                      | 200 | % |
| Revenue                     |     |           | 33 | % |            | 779,607,000 |     |             | 866,230,000 |     |             | 996,165,000 |     |                | 963,713,000 |     |                      | 175 | % |
| Total - Company Performance |     |           |    |   |            |             |     |             |             |     |             |             |     |                |             |     |                      | 192 | % |

During fiscal 2024, the Company achieved 141.9% of the Adjusted EBITDA target and 111.3% of the Revenue target, resulting in a payout of those portions of the annual bonus at 200% and 175.2%, respectively, and overall with the individual portion, an average payout to the NEOs of 189% compared to a 196% payout level in fiscal 2023, representing a 7% decrease year over year in the payout, in accordance with the terms of the CAVA Short-Term Incentive Plan.

The Committee evaluated the individual performance of the CEO and the other NEOs, including with respect to how their performance during the year supported the Company’s strategic objectives of:

• Expanding Our Mediterranean Way in Communities Across the Country;

• Developing Personal Relationships with Guests, Even as We Scale;

• Running Great Restaurants, Every Location, Every Shift; and

• Operating as a High-Performing Team.

The Committee considered each NEO’s contributions to the following accomplishments in 2024:

• 35.1% CAVA revenue growth

• 13.4% same restaurant sales growth and 8.7% guest traffic growth

• 71% Adjusted EBITDA growth

#### CAVA Group, Inc.272025 Proxy Statement
• 25% restaurant-level profit margin

• 58 net new CAVA restaurant openings, representing 18.8% year-over-year growth in restaurant count

• Increased shareholder value by 86.8% from our IPO to fiscal year end 2024

• Expansion of geographic footprint in new U.S. markets including Chicago

• Successful culinary innovation, new culinary launches, and brand partnerships to fuel growth

• Continued investment in digital