On March 2, 2020, Vann A. Avedisian announced that he has delivered a notice to Potbelly Corporation on March 1, 2020 nominating the following 4 individuals for election at the Company’s 2020 annual meeting of stockholders: Vann A. Avedisian, Todd W. Smith, David J. Near, and Bryant L. Keil. Vann A. Avedisian stated that the addition of these individuals will be critical to the Company’s ability to navigate the turnaround it desperately needs to restore the dramatic shareholder value lost over the last several years.