X0306 4 2022-04-14 0001840572 Bowlero Corp. BOWL 0001882143 Shannon Thomas F. C/O BOWLERO CORP. 7313 BELL CREEK ROAD MECHANICSVILLE VA 23111 1 1 1 0 Chief Executive Officer 0001890037 Cobalt Recreation LLC C/O BOWLERO CORP. 7313 BELL CREEK ROAD MECHANICSVILLE VA 23111 1 0 1 0 0001890071 Cobalt Group, LLC C/O BOWLERO CORP. 7313 BELL CREEK ROAD MECHANICSVILLE VA 23111 1 0 1 0 Class A Common Stock 2022-04-14 4 C 0 2400000 A 2400000 D Class B Common Stock 2022-04-14 4 C 0 2400000 D 2026-12-15 Class A Common Stock 2400000 3439993 D Class B Common Stock Class A Common Stock 52471210 52471210 I See footnote Represents the conversion of Class B Common Stock (as defined below) into Class A Common Stock (as defined below) held of record by the Reporting Persons. The shares of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock") are convertible into shares of the Issuer's Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") at the option of the holder on a one-to-one basis, and will automatically convert to shares of Class A Common Stock upon (i) Mr. Shannon ceasing to beneficially own at least 10% of the Issuer's outstanding common stock, (ii) the death or disability of Mr. Shannon, (iii) the employment of Mr. Shannon as the CEO of the Issuer being terminated for cause, and (iv) the fifteenth anniversary of the closing of the Acquisition (as defined below). Represents shares of Class B Common Stock of the Issuer received in exchange for shares of capital stock of Bowlero. Corp ("Legacy Bowlero") in connection with the acquisition by the Issuer of Legacy Bowlero (the "Acquisition"). Held directly by Cobalt Recreation LLC. The managing member of Cobalt Recreation LLC is The Cobalt Group LLC. The managing member of The Cobalt Group LLC is Mr. Shannon. Mr. Shannon disclaims beneficial ownership of the shares held by Cobalt Recreation LLC except to the extent of any pecuniary interest therein. /s/ Brett Parker, as Attorney-in-Fact for Thomas F. Shannon 2022-04-21 /s/ Brett Parker, for Cobalt Recreation LLC, by: Brett Parker, as attorney-in-fact for Thomas F. Shannon 2022-04-21 /s/ Brett Parker, for The Cobalt Group LLC, by: Brett Parker, as attorney-in-fact for Thomas F. Shannon 2022-04-21