Jack in the Box Inc. Advances Board Refreshment with Appointment of Eduardo Luz

Jack in the Box Inc. today announced that Eduardo Luz has been appointed to its Board of Directors (the "Board") as an independent director. The Company also announced that David Goebel and Madeleine Kleiner will retire from the Board, effective May 8, 2026.

With these actions, the Board will reduce its size to nine members. Mr. Luz joins as part of governance refreshment. The Board will continue to evaluate opportunities for additional refreshment to ensure its composition and skillsets reflect the evolving needs of the business.

“We are pleased to welcome Eduardo to Jack in the Box’s Board. Eduardo is an accomplished restaurant industry executive with significant leadership and brand-building experience that will be an important asset as we continue to advance Jack in the Box’s transformation,” said Mark King, Independent Chair of the Board. “Today’s announcement reflects our commitment to continued Board refreshment along with thoughtful engagement with our shareholders and responsiveness to their feedback.

We continue to see significant opportunity for value creation at Jack in the Box and have full confidence in our ability to drive same-store sales, reduce debt, and improve margins.”

Mr. King continued, “I also want to thank Dave and Madi for their service and contributions to Jack in the Box. They have both been valued members of the Board, and we wish them the best.”

“I am thrilled to join the Board and advance Jack in the Box’s transformation,” said Mr. Luz. “Jack in the Box has a strong brand and a proven commitment to innovate for its guests. I look forward to partnering with the Board and management team to build on the company’s momentum and drive long-term growth.”

Mr. Luz has over 30 years of experience building and growing businesses and brands across the restaurant and consumer goods industries, with global expertise in scaled platforms. Mr.

Luz most recently served as CEO of P. F. Chang’s, where he drove performance through streamlined operations, investment in digital capabilities, and value-oriented offerings that enhanced the global guest experience.

Prior to P. F. Chang’s, Mr.

Luz served as Chief Brand and Concept Officer at Panera Bread, leading brand strategy and integrated digital, marketing, and menu innovation functions. Earlier in his career, Mr. Luz served as Zone President, North America and President, Grocery business unit at The Kraft Heinz Company.

Mr. Luz started his career as a management consultant at Accenture and holds an MBA from The Wharton School.