Driven Brands Holdings Inc.

Driven Brands Holdings Inc. (the “Company”) needs additional time to prepare its Form 10-Q for the quarter ended March 28, 2026 (the “2026Q1 Form 10-Q”) as a result of the restatement (the “Restatement”) of previously issued financial statements and the related delay in filing its Form 10-K for the year ended December 27, 2025 (the “2025 Form 10-K”), which has not been completed as of the date of this notification. Management expects to report that it did not maintain effective internal control over financial reporting or disclosure controls and procedures because of material weaknesses in our control environment and this contributed to additional material weaknesses related to (i) controls related to account reconciliations, (ii) controls over leases, (iii) controls related to intercompany and consolidation transactions, and (iv) controls over manual journal entries. The Company continues to dedicate significant resources to the 2025 Form 10-K and the 2026Q1 Form 10-Q and is working diligently to file each as soon as practicable. Forward-Looking Statements This filing contains a number of forward-looking statements. Words such as “intends,” “expect,” or “will,” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding our beliefs and expectations relating to the filing of the 2025 Form 10-K and the 2026Q1 Form 10-Q and the results of the ongoing review. These forward-looking statements are not guarantees of future results and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond our control

Driven Brands Holdings Inc. (the “Company”) needs additional time to prepare its Form 10-K for the year ended December 27, 2025 (“the Form 10-K”) as a result of its determination, on February 23, 2026, that it must restate its previously issued consolidated financial statements for the fiscal years ended December 28, 2024 and December 30, 2023, and the Company’s previously issued unaudited condensed consolidated financial statements for each of the quarterly and year-to-date periods within the fiscal year ended December 28, 2024 as well as the quarterly and year-to-date periods for the periods ended September 27, 2025, June 28, 2025 and March 29, 2025 (the “Restatement”), as disclosed in the Company's Current Report on Form 8-K filed under Item 4.02 on February 25, 2026. In connection with the Restatement, management has identified material weaknesses in the Company’s internal control over financial reporting resulting in the conclusion that our internal control over financial reporting and disclosure controls and procedures were not effective as of December 27, 2025. The Company continues to dedicate significant resources to the Form 10-K and is working diligently to file the Form 10-K as soon as practicable. Forward-Looking Statements This filing contains a number of forward-looking statements. Words such as “intends,” “expect,” or “will,” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding our beliefs and expectations relating to the filing of the Form 10-K and the results of the ongoing review. These forward-looking statements are not guarantees of future results and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond our control