X0609 4 2026-10-16 0 0001606366 El Pollo Loco Holdings, Inc. LOCO 0001334430 BIGLARI, SARDAR false C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 1 0 0001334429 BIGLARI CAPITAL CORP. false C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 1 0 0001580602 LION FUND II, L.P. false C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 1 0 0001726173 Biglari Holdings Inc. false C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 0 1 See Explanation of Responses 0002035328 Biglari Reinsurance Ltd. false C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 0 1 See Explanation of Responses 0002034968 Biglari Insurance Group Inc. false C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 0 1 See Explanation of Responses 0 Common Stock, par value $0.01 per share 2026-10-16 4 S 0 25556 16.50 D 3513405 I By The Lion Fund II, L.P. Common Stock, par value $0.01 per share 315118 I By Biglari Reinsurance Ltd. Common Stock, par value $0.01 per share 65872 I By First Guard Insurance Company The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.50 to $16.56. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Shares owned directly by The Lion Fund II, L.P. (the "Lion Fund II"). Biglari Capital Corp. ("BCC") is the general partner of the Lion Fund II. Mr. Biglari is the sole owner, Chairman and Chief Executive Officer of BCC. By virtue of these relationships, BCC and Mr. Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by the Lion Fund II. Shares owned directly by Biglari Reinsurance Ltd. ("Biglari Reinsurance"). Biglari Insurance Group Inc. ("Biglari Insurance") is the direct parent company of Biglari Reinsurance. Biglari Holdings Inc. ("Biglari Holdings") is the direct parent company of Biglari Insurance. Mr. Biglari is the Chairman and Chief Executive Officer of Biglari Holdings. By virtue of these relationships, Biglari Insurance, Biglari Holdings and Mr. Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by Biglari Reinsurance. Shares owned directly by First Guard Insurance Company ("First Guard"). Biglari Reinsurance is the direct parent company of First Guard. Biglari Insurance is the direct parent company of Biglari Reinsurance. Biglari Holdings is the direct parent company of Biglari Insurance. Mr. Biglari is the Chairman and Chief Executive Officer of Biglari Holdings and has investment discretion over the securities owned by First Guard. By virtue of these relationships, Biglari Reinsurance, Biglari Insurance, Biglari Holdings and Mr. Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by First Guard. This Form 4 is filed jointly by Mr. Biglari, Biglari Holdings, BCC, the Lion Fund II, Biglari Reinsurance and Biglari Insurance. Each of the foregoing disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein. By: /s/ Sardar Biglari 2026-10-20 By: Biglari Capital Corp.; By: /s/ Sardar Biglari, Chairman and Chief Executive Officer 2026-10-20 By: The Lion Fund II, L.P.; By: Biglari Capital Corp., its general partner; By: /s/ Sardar Biglari, Chairman and Chief Executive Officer 2026-10-20 By: Biglari Holdings Inc., By: /s/ Sardar Biglari, Chairman and Chief Executive Officer 2026-10-20 By: Biglari Reinsurance Ltd.; By: /s/ Sardar Biglari, Chairman of the Board and Chief Executive Officer 2026-10-20 By: Biglari Insurance Group Inc.; By: /s/ Sardar Biglari, Chairman of the Board 2026-10-20