GEN Restaurant Group, Inc.

Item 5. Other Information

Amended and Restated Executive Employment Agreement.

We are providing the following information in lieu of reporting on a Current Report on Form 8-K under Item 5.02 “Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers” and Item 9.01 “Financial Statements and Exhibits”.

On May 12, 2025, we entered into an amended employment agreement with Mr. Kim (the “Employment Agreement”) to serve as our Chief Executive Officer for an additional five-year period, subject to subsequent one-year extensions unless either party gives written notice of non-extension at least 60 days prior to the expiration of the then-current term. Pursuant to the Employment Agreement, Mr. Kim is entitled to an annual base salary of $750,000 and an annual cash bonus targeted at 100% of his base salary, or at such other amount determined by the board of directors or a committee thereof. He also is eligible to receive equity incentive awards as determined by the board of directors or a committee thereof.

Upon Mr. Kim’s termination by the Company without cause of his voluntary termination for good reason (a “Covered Termination”) at any time other than during the period beginning three months prior to a change in control and ending six months after a change in control (the "CIC Protection Period"), Mr. Kim will receive (i) an amount equal to six months of his base salary at the time of his termination (or before any diminution that is the basis of his termination for good reason); (ii) a pro-rata portion of his annual bonus for the fiscal year in which his termination occurs based on actual achievement of the applicable bonus objectives and/or conditions determined by the board of directors or a committee thereof for such year; (iii) the amount of any annual bonus earned, but not yet paid, for the fiscal year prior to his termination; and (iv) six months of COBRA continuation coverage.

If Mr. Kim is subject to a Covered Termination during the CIC Protection Period, he will receive an additional amount equal to six months of his base salary at the time of his termination (or before any diminution that is the basis of his termination for good reason).

The Employment Agreement also includes customary confidentiality and non-competition provisions.

On May 12, 2025, we granted Mr. Kim 52,127 shares of our Class A common stock pursuant to the GEN Restaurant Group, Inc. 2023 Equity Incentive Plan and our form of Stock Bonus Award Agreement.

The foregoing descriptions of the Employment Agreement and our form of Stock Bonus Award agreement are not complete and are qualified by reference to the full text of the Employment Agreement and the form of Stock Bonus Award Agreement, copies of which are filed as Exhibits 10.1 and 10.2, respectively, and incorporated herein by reference.

Trading Arrangements

None of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act)adopted, modified, orterminated any contract, instruction, or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or any non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the fiscal quarter ended March 31, 2025.