−Removed: We currently lease the real estate for most of our Company-owned restaurant facilities under operating leases with remaining terms ranging from less than one year to over 15 years excluding options to extend.
+Added: We currently lease the real estate for most of our Company-owned restaurant facilities under operating leases with remaining terms ranging from less than one year to 13 years, excluding options to extend.
These leases generally contain options which permit us to extend the lease term at an agreed rent or at prevailing market rates.
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Certain lease agreements also require the Company to pay maintenance, insurance, and property tax costs.
−Removed: We own real estate for 7 Company-owned restaurants located in North Carolina (2);
−Removed: Pennsylvania (1);
−Removed: Virginia (1);
−Removed: and Washington (1).
−Removed: Of these locations, three are classified as Assets Held for Sale within the Consolidated Balance Sheet as of December 29, 2024.
+Added: We own real estate for four Company-owned restaurants located in North Carolina, Pennsylvania, Texas, and Virginia.
+Added: Of these locations, one was classified as assets held for sale within the Consolidated Balance Sheets as of December 28, 2025.
Our Restaurant Support Center and test kitchen is located in Englewood, Colorado.
−Removed: We currently have a dispersed workforce policy that permits many of our Restaurant Support Center Team Members to work remotely or on a hybrid basis,
−Removed: and we expect that to continue.
−Removed: For on-site critical, Company leadership, and those who desire to work in a shared location, we have optimized our office footprint at this location to meet the needs of that population.
−Removed: We occupy this facility under a lease that expires May 31, 2027.
−Removed: In addition, we occupy approximately 900 square feet and sublease to third parties the first, second, and third floors of a facility in Greenwood Village, Colorado under a lease that expires on May 31, 2025.
+Added: We currently have a dispersed workforce policy that permits many of our Restaurant Support Center team members to work remotely or on a hybrid basis, and we expect that to continue.
+Added: We have optimized our office footprint at this location to meet the needs of Company leadership, critical in-person roles, and those who would like to work on-site.
+Added: We occupy this facility under a lease that expires on May 31, 2027.
Our existing prototype for new Red Robin restaurants is approximately 5,100 square feet with a capacity of approximately 200 seats.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.