X0306 4 2021-03-05 0001058090 CHIPOTLE MEXICAN GRILL INC CMG 0001628588 Niccol Brian R C/O CHIPOTLE MEXICAN GRILL, INC. 610 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660 1 1 Chairman, CEO common stock 2021-03-05 4 F 0 5290 1332.28 D 47044 D common stock 2021-03-08 4 S 0 1884 1310.0915 D 45160 D common stock 2021-03-08 4 S 0 2581 1311.6844 D 42579 D common stock 2021-03-08 4 S 0 56 1313.13 D 42523 D common stock 2021-03-08 4 S 0 210 1314.6619 D 42313 D common stock 2021-03-08 4 S 0 26 1315.4431 D 42287 D The reporting person vested in a restricted stock unit ("RSU") for 10,047 shares of common stock, of which Chipotle retained 5,290 shares to satisfy the reporting person's tax obligation upon vesting of the RSU. This stock sale was executed under the terms of a Sales Plan intended to comply with Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended. Reflects a weighted-average price. Actual sales prices ranged from $1,310.00 to $1,310.98 per share. Reflects a weighted-average price. Actual sales prices ranged from $1311.00 to $1,311.96 per share. Reflects a weighted-average price. Actual sales prices ranged from $1,314.21 to $1,315.08 per share. Reflects a weighted-average price. Actual sales prices ranged from $1,315.39 to $1,316.16 per share. For each transaction on this Form 4 that is reported at a weighted-average price, the filing person undertakes to furnish to the issuer, any requesting shareholder of the issuer, or the staff of the Securities and Exchange Commission complete information regarding the number of shares sold at each separate price. /s/ Helen Kaminski, pursuant to power of attorney previously filed 2021-03-09