BJ's Restaurants terminates investor rights agreement with Act III; director Pascal to depart June 15

BJs RESTAURANTS INC

Termination of Amended and Restated Investor Rights Agreement (IRA) effective upon election of directors at June 15, 2023 annual meeting.
Keith Pascal's service as director will end at the annual meeting; his 3,510 RSUs granted Jan 2023 become fully vested on effective date.
Standstill obligations under IRA continue until effective date; NDA with Act III remains in effect.
Termination removes investors' observer, preemptive, information rights and standstill restrictions.

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