Corporate Actions
Effective as of September 1, 2026, the Board of Directors of Sweetgreen, Inc. (the “Company”) approved and adopted an amended Code of Business
Conduct and Ethics applicable to all of the Company’s personnel, including employees, consultants, contractors, officers, and directors (the
“Revised Code”). The Revised Code was adopted to, among other things: (i) reflect what the Company considers to be current best practices and
policies; (ii) strengthen focus and precautions around confidentiality and sensitive business information; (iii) confirm rights under whistleblower
laws; and (iv) make certain technical and clarifying amendments to the prior Code of Business Conduct and Ethics (the “Prior Code”).
The adoption of the Revised Code did not relate to or result in any waiver, explicit or implicit, of any provision of the Prior Code.
The above description of the Revised Code does not purport to be complete and is qualified in its entirety by reference to the full text of the
Revised Code, a copy of which is available HERE.