X0306 4 2022-02-02 0 0001758021 Karat Packaging Inc. KRT 0001790959 Cheng Marvin C/O KARAT PACKAGING INC. 6185 KIMBALL STREET CHINO CA 91708 0 1 0 0 VP-Manufacturing, Secy Common Stock 2022-02-02 4 G 0 59524 0 D 6820876 D Common Stock 2022-02-02 4 G 0 59524 0 D 6761352 D Common Stock 2022-03-04 4 G 0 2500 0 D 6758852 D Common Stock 5 I see footnote On February 2, 2022, the reporting person made a gift of 59,524 shares to the Sherissa Cheng Irrevocable Trust, an irrevocable trust for the benefit of the reporting person's daughter, who does not share the reporting person's household. The reporting person is not the trustee. On February 2, 2022, the reporting person made a gift of 59,524 shares to the Natalie Cheng Irrevocable Trust, an irrevocable trust for the benefit of the reporting person's daughter, who does not share the reporting person's household. The reporting person is not the trustee. The reporting person no longer has a reportable interest in these shares owned by his daughter and included in the reporting person's prior ownership reports. /s/ Marvin Cheng 2022-03-11