X0508 4 2023-10-15 1 0001758021 Karat Packaging Inc. KRT 0001790958 Wang Joanne Tzu Jung KARAT PACKAGING INC. 6185 KIMBALL STREET CHINO CA 91708 0 1 0 0 Chief Operating Officer 0 Common Stock 2023-10-15 4 M 0 25000 A 32223 D Restricted Stock Units 2023-10-15 4 M 0 25000 0 D Common Stock 25000 0 D Represents shares of Karat Packaging Inc.'s (the "Company") Common Stock, par value $0.001 (the "Common Stock"), received upon the vesting of restricted stock units (the "RSUs"). The RSUs convert into Common Stock on a one-for-one basis. In February 2019, the reporting person was granted 75,000 RSUs. These RSUs were scheduled to vest in three equal installments beginning on, April 15, 2022, the first anniversary of the closing of the Company's initial public offering. On September 20, 2021, the Compensation Committee of the Board of Directors of the Company approved the accelerated vesting of these RSUs to vest in three equal installments on October 15, 2021, October 15, 2022 and October 15, 2023. /s/ Joanne Tzu Jung Wang 2023-10-17