DNUT · CEO compensation amended

Krispy Kreme amended CEO Joshua Charlesworth's employment agreement to increase his annual cash target bonus from 100% to 150% of base salary effective November 1, 2026, and raise his annual restricted stock unit grant from $1,000,000 to $2,500,000 starting with the 2027 grant. This is a routine compensation adjustment for the CEO, not a departure or appointment, and carries no immediate financial impact for shareholders.

• CEO Joshua Charlesworth's annual cash target bonus increased from 100% to 150% of base salary, effective November 1, 2026
• Annual restricted stock unit grant increased from $1,000,000 to $2,500,000, effective beginning with the 2027 annual grant
• Amendment approved by the Board of Directors on October 30, 2026