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Sweetgreen, Inc.

For the period ended Dec 28, 2025. Filed Feb 27, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

SG$13.24-0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 15. Exhibits, Financial Statement Schedules

(a) Exhibits.

The following exhibits are included herein or incorporated herein by reference:

Incorporation by Reference
ExhibitNumber · ExhibitDescription · Form · File No. · Exhibit · Filing Date · Filed Herewith
2.1Agreement and Plan of Merger and Asset Purchase, dated November 5, 2025, by and among the Registrant, Wonder Group, Inc., Spyce Food Co., and the other parties named therein10-Q001-4106910.411/7/2025
3.1Amended and Restated Certificate of Incorporation of the Registrant8-K001-410693.111/22/2021
3.2Amended and Restated Bylaws of the Registrant8-K001-410693.211/22/2021
4.1Form of Class A Common Stock Certificate of the Registrant.S-1/A333-2604724.111/9/2021
4.2Description of Capital Stock10-K001-410694.23/4/2022
10.1Amended and Restated Stockholders’ Agreement, dated as of September 3, 2021, by and between the Registrant and certain of its stockholders.S-1333-26047210.110/25/2021
10.2+Sweetgreen, Inc. 2009 Equity Incentive Plan and forms of agreements thereunder.S-1333-26047210.210/25/2021
10.3+Sweetgreen, Inc. 2019 Equity Incentive Plan and forms of agreements thereunder.S-1333-26047210.310/25/2021
10.4+Forms of Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement for Awards Under the 2019 Equity Incentive Plan.S-1333-26047210.410/25/2021
10.5+Sweetgreen, Inc. 2021 Equity Incentive Plan and forms of agreements thereunder.10-K001-4106910.52/29/2024
10.6+Spyce Food Co. 2016 Stock Option and Grant Plan.S-1333-26047210.610/25/2021

II-1

10.7+Sweetgreen, Inc. 2021 Employee Stock Purchase Plan.S-1333-26047210.710/25/2021
10.8+*Non-Employee Director Compensation Policy.X
10.9+Form of Indemnification Agreement entered into by and between the Registrant and each director and executive officer.S-1333-26047210.910/25/2021
10.10+Executive Employment Agreement, effective October 1, 2021, by and between the Registrant and Jonathan Neman.S-1333-26047210.1010/25/2021
10.11+Executive Employment Agreement, effective October 1, 2021, by and between the Registrant and Nicolas Jammet.10-K001-4106910.112/29/2024
10.12+Executive Employment Agreement, effective October 1, 2021, by and between the Registrant and Nathaniel Ru.10-K001-4106910.132/29/2024
10.13+Executive Employment Agreement, effective October 1, 2021, by and between the Registrant and Mitch Reback.10-K001-4106910.142/29/2024
10.14+Executive Employment Agreement, effective May 5, 2025, by and between the Registrant and Jason Cochran.10-Q001-4106910.25/8/2025
10.15+Executive Employment Agreement, effective September 21, 2025, by and between the Registrant and Jamie McConnell.10-Q001-4106910.311/7/2025
10.16Lease Agreement, dated as of May 23, 2019, by and between the Registrant and Welcome to the Dairy, LLC.S-1333-26047210.1310/25/2021
10.17First Amendment to Lease Agreement, dated as of August 12, 2020, by and between the Registrant and Welcome to the Dairy, LLC.S-1333-26047210.1410/25/2021
10.18Form of Exchange Agreement by and among the Registrant, Jonathan Neman, Nicolas Jammet, Nathaniel Ru, and certain related entities.S-1333-26047210.1710/25/2021

II-2

10.19+Separation Agreement and Consultant Agreement, effective April 16, 2025, by and between the Registrant and Rossann Williams.10-Q001-4106910.15/8/2025
10.20+Separation Agreement, effective October 9, 2025, by and between the Registrant and Mitch Reback.10-Q001-4106910.111/7/2025
10.21+Consultant Agreement, effective September 21, 2025, by and between the Registrant and Mitch Reback10-Q001-4106910.211/7/2025
10.22+*Amended Employment Agreement, effective December 17, 2025, by and between the Registrant and Nathaniel Ru.X
19.1Insider Trading Policy.10-K001-4106919.12/27/2025
21.1Subsidiaries of the Registrant.X
23.1Consent of Deloitte & Touche LLP, independent registered public accounting firm.X
31.1Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
31.2Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
32.1†Certification of Principal Executive Officer and Principal Financial Officer Pursuant to 18 U.S.C Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X

II-3

97.1Incentive Compensation Recoupment Policy10-K001-4106997.12/29/2024
101.INSXBRL Instance Document (embedded within the Inline XBRL document)X
101.SCHXBRL Taxonomy Extension Schema DocumentX
101.CALXBRL Taxonomy Extension Schema DocumentX
101.DEFXBRL Taxonomy Extension Definition Linkbase DocumentX
101.LABXBRL Taxonomy Extension Label Linkbase DocumentX
101.PREXBRL Taxonomy Extension Presentation Linkbase DocumentX
104Cover Page Interactive Data File (embedded within the Inline XBRL document)X
  • Indicates management contract or compensatory plan.

† The certifications attached as Exhibit 32.1 and Exhibit 32.2 that accompany this Annual Report are not deemed filed with the

Securities and Exchange Commission and are not to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date of this Annual Report, irrespective of any general incorporation language contained in such filing.

(b) Financial Statement Schedules.

All financial statement schedules are omitted because the information required to be set forth therein is not applicable or is shown in the consolidated financial statements or the notes thereto.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.