| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Chen Paul Y | Director | 6185 KIMBALL STREET, CHINO | /s/ Paul Y. Chen | 15 May 2025 | 0001790960 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KRT | Common Stock | Options Exercise | +1,000 | +20% | 6,000 | 07 May 2025 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KRT | Restricted Stock Units | Options Exercise | $0 | -1,000 | -50% | $0 | 1,000 | 07 May 2025 | Common Stock | 1,000 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs"). |
| F2 | Each RSU represents a contingent right to receive one share of Karat Packaging Inc.'s common stock. |
| F3 | On May 7, 2024, the reporting person was granted 2,000 RSUs. These RSUs were scheduled to vest in two equal, annual installments beginning on May 7, 2025. |