SCHEDULE 13G/A 0001140361-22-005076 0001034196 XXXXXXXX LIVE 5 Common Stock, $0.01 par value per share 09/30/2025 0001789940 First Watch Restaurant Group, Inc. 33748L101 8725 Pendery Place Suite 201 Bradenton FL 34201 Rule 13d-1(d) ADVENT INTERNATIONAL, L.P. b DE 0 0 0 0 0 N 0 PN ADVENT INTERNATIONAL GP, LLC b DE 0 0 0 0 0 N 0 OO Advent International GPE VIII, LLC b DE 0 0 0 0 0 N 0 OO GPE VIII GP S.a.r.l. b N4 0 0 0 0 0 N 0 CO GPE VIII GP Limited Partnership b E9 0 0 0 0 0 N 0 PN AP GPE VIII GP Limited Partnership b DE 0 0 0 0 0 N 0 PN First Watch Restaurant Group, Inc. 8725 Pendery Place, Suite 201, Bradenton, Florida, 34201 This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons": (i) Advent International, L.P. (f/k/a Advent International Corporation) a Delaware limited partnership (ii) Advent International GP, LLC, a Delaware limited liability company (iii) Advent International GPE VIII, LLC, a Delaware limited liability company (iv) GPE VIII GP S.a.r.l., a Luxembourg Societe a responsabilite limitee (v) GPE VIII GP Limited Partnership, a Cayman Islands limited partnership (vi) AP GPE VIII GP Limited Partnership, a Delaware limited partnership Prudential Tower, 800 Boylston Street, Suite 3300 Boston, Massachusetts 02199-8069. See responses to Item 4 on each cover page. Y See responses to Item 9 on each cover page. Pursuant to Rule 13d-4 of the Act, the Reporting Persons declare that filing this statement shall not be construed as an admission that any of the Reporting Persons are, for the purposes of Section 13(d) and/or Section 13(g) of the Act, the beneficial owner of any securities covered by this statement, and such beneficial ownership is expressly disclaimed by the Reporting Persons. See responses to Item 11 on each cover page. See responses to Item 5 on each cover page. See responses to Item 6 on each cover page. See responses to Item 7 on each cover page. See responses to Item 8 on each cover page. N Y Y Y Y Y Y https://www.sec.gov/Archives/edgar/data/1034196/000114036124007952/ef20021611_ex99-1.htm Exhibit 99.2 Signature Page, dated November 12, 2025 ADVENT INTERNATIONAL, L.P. /s/ Neil Crawford 11/12/2025 ADVENT INTERNATIONAL GP, LLC /s/ Neil Crawford 11/12/2025 Advent International GPE VIII, LLC /s/ Neil Crawford 11/12/2025 GPE VIII GP S.a.r.l. /s/ Justin Nuccio - /s/ Neil Crawford 11/12/2025 GPE VIII GP Limited Partnership /s/ Neil Crawford 11/12/2025 AP GPE VIII GP Limited Partnership /s/ Neil Crawford 11/12/2025