X0306 4 2019-05-01 0 0001399520 ONE Group Hospitality, Inc. STKS 0001681743 Kanen David 5850 CORAL RIDGE DR STE 309 CORAL SPRINGS FL 33076 0 0 1 0 0001681614 Kanen Wealth Management LLC 5850 CORAL RIDGE DR STE 309 CORAL SPRINGS FL 33076 0 0 1 0 0001688522 Philotimo Fund, LP 5850 CORAL RIDGE DR STE 309 CORAL SPRINGS FL 33076 0 0 1 0 COMMON STOCK 2019-05-01 4 J 0 4623 D 2967372 I Kanen Wealth Management LLC COMMON STOCK 1845000 I The Philotimo Fund LLC COMMON STOCK 20237 D These shares relate to customer accounts that are no longer managed by Kanen Wealth Management LLC ("KWM"). Mr. Kanen beneficially owns, pursuant to the beneficial ownership rules of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), 4,832,609 shares of Common Stock, which represent approximately 16.8% of the Issuer's outstanding shares of Common Stock. Pursuant to such beneficial ownership rules, Mr. Kanen, as the managing member of KWM, may be deemed to beneficially own the 2,967,372 shares of Common Stock held in customer accounts managed by KWM (including the 20,237 shares held in Mr. Kanen's account) and the 1,845,000 shares of Common Stock held by The Philotimo Fund LLC, of which KWM is the general partner. Mr. Kanen expressly disclaims such beneficial ownership except to the extent of his pecuniary interest therein. Mr. Kanen does not have a pecuniary interest under Section 16 of the Exchange Act in the shares of Common Stock held in customer accounts managed by KWM other than the 20,237 shares held in Mr. Kanen's account. Kanen Wealth Management LLC ("KWM") does not have a pecuniary interest in the shares of Common Stock held in customer accounts managed by KWM. The number reflected above excludes 20,237 shares held in Mr. Kanen's account. /s/ David L. Kanen 2019-05-03 /s/ Kanen Wealth Management LLC By: David L. Kanen, Managing Member 2019-05-03 /s/ The Philotimo Fund By: David L. Kanen 2019-05-03