Original filing text · Part I

Item 3 — Quantitative and Qualitative Disclosures About Market Risk

First Watch Restaurant Group, Inc. · 10-Q · Q2 FY2026 · Period ended Jun 28, 2026

This is the extracted source text from the SEC filing. Formatting may differ from the original document.

Commodity and Food Price Risks We expect our full year commodity inflation to be approximately zero to 1.5%. Except as described above, there have been no material changes to our exposure to market risks as disclosed in the 2025 Form 10-K. 33 Table of Contents