ANNUAL MEETING INFORMATION

 The annual meeting of the shareholders will be held on
 April 16, 2025 at 1:00 PM Central Daylight Time.

 Location:  Majestic Theatre
         224 East Houston Street
         San Antonio, Texas   78205

 The below hotels are offering a discount
 to Biglari Holdings Shareholders. Click on
 the link below to book a reservation.

 Hotel Valencia

 The St. Anthony