Pursuant to the previously announced planned senior leadership changes, effective April 1, 2024, the Board of Directors of Dutch Bros Inc. (the company"), appointed Brian Maxwell to the newly created role of Vice Chair, and Sumitro Ghosh to the role of President of Operations, each to serve until his successor has been duly appointed, or until his earlier death, resignation, or removal. Mr. Maxwell will no longer be an executive officer following his appointment as Vice Chair. Mr. Ghosh, age 56, has served as Incoming President of Operations of the Company and its subsidiaries since January 2024.

Mr. Ghosh served as Global VP Nike Stores for NIKE Inc. from November 2021 to December 2023. Prior to that, he served as Chief Operating Officer of Foxtrot Ventures Inc., a food and drink convenience store and delivery service, from December 2020 to September 2021. He held various roles at Starbucks Corporation from 2008 to December 2020, most recently as Senior Vice President of Siren Retail, Global Roastery and Reserve Stores from January 2019 to December 2020, and before that as Chief Executive Officer and Managing Director of TATA Starbucks Private Limited from January 2016 to January 2019.

Mr. Ghosh serves on the Boards of Directors of the non-profit organizations India Initiative and New City Church, and on the Board of Advisors of VietFive Coffee. He holds a B.A. in Advertising from Michigan State University.