FAQs

1. What is Diversified Restaurant Holdings?

   Diversified Restaurant Holdings, Inc. (“DRH”) is a leading restaurant operator and the largest franchisee of Buffalo Wild Wings® (“BWW”). DRH has 65 BWW restaurants located in key urban and suburban markets in Florida, Illinois, Indiana, Michigan and Missouri. Over the last five years, the Company has nearly tripled its number of restaurants through a combination of organic growth and acquisition. DRH’s strategy is to generate cash, reduce debt and leverage its strong franchise operating capabilities for future growth.

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2. When did Diversified Restaurant Holdings become a public company?

   Diversified Restaurant Holdings became a public company on March 14, 2008.

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3. What is the status of the Bagger Dave’s spinoff?

   Diversified Restaurant Holdings ("DRH") successfully completed the spinoff and distribution of Bagger Dave’s (“Bagger Dave’s”) Burger Tavern shares during the fourth quarter of 2016.

   Each shareholder of DRH as of December 19, 2016, received one share of Bagger Dave’s common stock for every share of DRH common stock.

   Shares of Bagger Dave’s will trade on the Over the Counter (OTC) market place once clearance is received by Financial Industry Regulatory Authority (FINRA) for Spartan Securities to make a market in the stock.

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4. Does Diversified Restaurant Holdings pay a cash dividend?

   No, Diversified Restaurant Holdings does not pay a cash dividend at this time.

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5. Who is the Diversified Restaurant Holdings transfer agent?

   Our transfer agent is Computershare Trust Company, N.A.

   Contact Information
   Computershare
   P.O. Box 30170
   College Station, TX 77842-3170
   Toll Free: (800) 368-5948
   International: (781) 575-4223
   Corporate Website: https://www-us.computershare.com/investor/?gcc=us

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6. Where can I request the latest financial reports and news releases?

   You can place an Information request by filling out the form available here

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7. Who is Diversified Restaurant Holding’s legal counsel? Independent auditor?

   Legal Counsel: Dickinson Wright, PLLC, Bloomfield Hills, MI

   Independent Auditors: BDO Seidman, LLC, Troy, MI

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8. When is the date of incorporation of Diversified Restaurant Holdings?

   September 25, 2006.

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