Portillo's Inc. announced that Richard K. Lubin notified the Company?s Board of Directors of his intent to retire from the Board and Compensation Committee on October 30, 2023. His decision to retire from the Board is consistent with his decision earlier this year to transition to a senior advisory role at Berkshire Partners LLC. Mr. Lubin has been a member of the Board since 2014, when Berkshire Partners LLC acquired the Company.