Mantle Ridge LP - 12 Aug 2022 Form 4 Insider Report for Aramark (ARMK)

Footnote F1

In addition to Mantle Ridge LP, a Delaware limited partnership ("Mantle Ridge"), this Form 4 is being filed jointly by MR BridgeStone Advisor LLC, a Delaware limited liability company ("MR BridgeStone"), and Paul C. Hilal, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom has the same business address as Mantle Ridge and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). All Subject Securities reported on this Form 4 are rounded up to the nearest whole share.

Footnote F2

MR BridgeStone, a wholly owned subsidiary of Mantle Ridge, advises the accounts of MR BridgeStone Offshore Fund AB Ltd and MR BridgeStone Offshore Fund CA 01 Ltd, each a Cayman Islands exempted company (all such funds and their subsidiaries together, the "Mantle Ridge Funds").

Footnote F3

MR BridgeStone, as the investment adviser to the Mantle Ridge Funds, and Mantle Ridge, as the sole member of MR BridgeStone, each may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. By virtue of Paul C. Hilal's position as ultimately controlling MR BridgeStone and Mantle Ridge, Paul C. Hilal may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.

Footnote F4

Paul C. Hilal is a member of the board of directors of the Issuer, and as a result, each of the Reporting Persons are directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934.

Footnote F5

On August 12, 2022, the Reporting Persons simultaneously (a) terminated certain of their American-style call options on cash-settled forward agreements ("CSF Option Agreements") and (b) purchased a new CSF Option Agreement with a strike price of $13.50 and maturity date of September 18, 2024. The reference price of the underlying common stock on such trades was $36.32.

Footnote F6

On August 12, 2022, the Reporting Persons simultaneously (a) terminated certain of their American-style physically settled call options on Common Stock ("Physically Settled Call Options") and (b) purchased a new Physically Settled Call Option with a strike price of $13.50 and maturity date of June 18, 2024. The reference price of the underlying common stock on such trades was $36.32.