The Chefs’ Warehouse, Inc. Announces Redemption of All Outstanding 2.375% Convertible Senior Notes Due 2028

RIDGEFIELD, Conn., Aug. 12, 2026 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company” or “Chefs’”), a premier distributor of specialty food products in the United States, the Middle East, and Canada, today announced (the “Redemption Notice Date”), that it has issued a notice (the “Redemption Notice”) to holders of the Company’s 2.375% Convertible Senior Notes due 2028 (CUSIP No. 163086 AEI / ISIN No. US163086AE15) (the “Notes”), calling all $287.5 million aggregate principal amount of the Notes for redemption on October 15, 2026 (the “Redemption Date”). The Company’s redemption right in respect of the Notes arises pursuant to Section 4.03(B) of the Indenture, dated as of December 13, 2022 (the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), as a result of the last reported sale price per share of the Company’s common stock having exceeded 130% of the conversion price on each of at least 20 trading days (whether or not consecutive) during the 30 consecutive trading days ending on, and including, the trading day immediately before the Redemption Notice Date and the trading day immediately before the Redemption Notice Date.