Jae Chang - 27 Jun 2023 Form 3/A - Amendment Insider Report for GEN Restaurant Group, Inc. (GENK)

Footnote F1

This Form 3 amendment is being filed to reflect an adjustment in the number of shares issued to each holder in connection with the merger that took place prior to the Company''s initial public offering effective as of the date of the merger.

Footnote F2

The securities reported on this row are held by Juhee Han, Mr. Chang's spouse.

Footnote F3

The securities reported on this row are held by JC Holdings Group, LLC. Mr. Chang is the ultimate control person of JC Holding Group, LLC, and an indirect beneficial owner of these shares. Mr. Chang disclaims beneficial ownership of these shares except to the extent of his pecuniary interest herein.

Footnote F4

The securities reported on this row are held by JC Group International Holding Inc. Mr. Chang is the ultimate control person of JC Group International Holding Inc., and an indirect beneficial owner of these shares. Mr. Chang disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Footnote F5

The Class B Units of GEN Restaurant Companies, LLC are exchangeable at the holder's option on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.