X0306 4 2023-03-14 0 0001275158 NOODLES & Co NDLS 0001767199 Mill Road Capital III, L.P. 382 GREENWICH AVENUE SUITE ONE GREENWICH CT 06830 0 0 1 0 0001767178 Mill Road Capital III GP LLC 382 GREENWICH AVENUE SUITE ONE GREENWICH CT 06830 0 0 1 0 0001550729 Mill Road Capital II, L.P. 382 GREENWICH AVENUE SUITE ONE GREENWICH CT 06830 0 0 1 0 0001550728 Mill Road Capital II GP LLC 382 GREENWICH AVENUE SUITE ONE GREENWICH CT 06830 0 0 1 0 0001244666 LYNCH THOMAS E 382 GREENWICH AVENUE SUITE ONE GREENWICH CT 06830 0 0 1 0 Class A Common Stock, $0.01 par value 1021971 D Class A Common Stock, $0.01 par value 4699148 I See footnote Class A Common Stock, $0.01 par value 22386 I See footnote Put Option (obligation to buy) 7.50 2023-03-14 4 S 0 4 263.75 D 2023-03-14 2023-10-20 Class A Common Stock 400 4 D Put Option (obligation to buy) 7.50 2023-03-14 4 S 0 1171 255.00 D 2023-03-14 2023-11-17 Class A Common Stock 117100 1171 D The shares reported are directly held by Mill Road Capital III, L.P. ("Fund III"). Mr. Lynch is a management committee director of Mill Road Capital III GP LLC, which is the sole general partner of Fund III and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of Fund III. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any. The shares reported are directly held by Mill Road Capital II, L.P. ("Fund II"). Mr. Lynch is a management committee director of Mill Road Capital II GP LLC, which is the sole general partner of Fund II and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of Fund II. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any. Represents restricted stock units (or shares issued upon the vesting thereof) granted by the issuer as director compensation, in which the Reporting Persons may have an indirect pecuniary interest. Mill Road Capital Management, LLC, an affiliate of the Reporting Persons that does not have Section 13(d) beneficial ownership of any securities of the issuer, has the right to receive the economic benefit of the reported shares pursuant to a contractual obligation with the holder of such shares. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any. /s/ Justin C. Jacobs, Management Committee Director of sole general partner on behalf of Mill Road Capital III, L.P. 2023-03-16 /s/ Justin C. Jacobs, Management Committee Director on behalf of Mill Road Capital III GP LLC 2023-03-16 /s/ Justin C. Jacobs, Management Committee Director of sole general partner on behalf of Mill Road Capital II, L.P. 2023-03-16 /s/ Justin C. Jacobs, Management Committee Director on behalf of Mill Road Capital II GP LLC 2023-03-16 /s/ Justin C. Jacobs on behalf of Thomas E. Lynch by power of attorney 2023-03-16