NEW CALIBURGER OPENINGS IN FEBRUARY AND MARCH

Cayman Islands – February 8, 2016 – CaliBurger™ announced today that the opening of its first Los Angeles store in February will be followed by six openings in North America, Middle East, and Asia. The stores will open at the following locations in February and March: * Dubai, United Arab Emirates: Al Safa Tower, Sheikh Zayed Road, Trade Center 1 * Al-Hassa, Saudi Arabia: Prince Faisal Bin Fahd Bin Abdulaziz Street, Al Hofuf 36362 * Riyadh, Saudi Arabia: Rekal Plaza, Anas Ibn Malik Rd, Al Yasmin, Riyadh, 13322 * Waterloo, Canada: 255 King Street North, Waterloo Ontario N2J 4V2 * Hong Kong, China: 59 Wyndham Street Central * Columbia, Maryland: 10,000 Town Center Dr., Columbia, Maryland 21044 The new openings highlight the global growth of the brand. In February, the Thrillist published an article, titled “Can CaliBurger Really Take On IN-N-Out.” The article describes the growth of CaliBurger in North America and global markets. ABOUT CALIBURGER CaliBurger is a 21st century revival of the classic California burger joint. Our founders are California-bred with global ambitions, bringing the best of California culture, technology, imagery and food to markets that have long craved the famous California style burger. CaliBurger provides a premium quality burger experience at an accessible QSR price point. CaliBurger now operates in 12 countries. CaliBurger's products feature the highest quality beef, buns baked fresh, top-grade chicken, hand-selected vegetables, zero trans-fat oils, sauces made in house, and hand-mixed shakes. Our made-to-order meals are always prepared in open kitchens, and our restaurants incorporate advanced technologies to create a unique dining experience. CaliBurger customers can enjoy a taste of California in an environment that looks, smells, and feels like California. For more information, please visit www.caliburger.com.