On October 25, 2021, Margaret E. Regalia, Good Times Restaurants Inc.'s Vice President of Finance (Principal Financial Officer and Principal Accounting Officer), Corporate Secretary and Treasurer notified Good Times Restaurants Inc. of her decision to resign from the Company effective December 17, 2021. During her remaining period of employment, Ms. Regalia will continue to serve as the Company's Vice President of Finance to enable an orderly transfer of her duties to her successor. Ms. Regalia's resignation was not because of any disagreement with the Company on any matter relating to the Company's operations, policies or practices, including accounting principles and practices. The Company has initiated a search for a permanent replacement for Ms. Regalia. If a permanent replacement is not in place at the time that Ms. Regalia ceases employment, then, effective at such time, Ryan M. Zink, who is currently serving the Company's President and Chief Executive Officer, will assume the additional role of interim Principal Financial Officer and Principal Accounting Officer.