Ho Say Boh, Singapore?! Shake Shack Expands in Asia With Plans for Singapore Flagship in 2019

NEW YORK–(BUSINESS WIRE)–We’re comin’ to the city where east meets west! Shake Shack Inc.
(“Shake Shack” or the “Company”) (NYSE:SHAK) is poised for continued
growth in Asia. After announcing that flagship locations in Shanghai and
Manila will open next year, plans are now underway for Shake Shack and
partner SPC Group to launch the first Shack in Singapore in 2019.

Shake Shack is proud to partner with SPC Group, a leading global food
company based in South Korea with 30 brands and over 6,000 stores
worldwide including seven Shake Shack locations in the greater Seoul
area. With 70 years of knowledge and innovation in the food and beverage
industry, and the successful launch and growth of Shake Shack in South
Korea, SPC Group brings the right expertise to partner with Shake Shack
in Singapore.

“We are executing our strategic plan in Asia with plans to launch in
Singapore, Shanghai, and Manila in 2019,” said Michael Kark, Vice
President of Global Licensing. “For years we’ve been looking for the
right opportunity to enter the Singaporean market given its regional
importance, and we’re thrilled to have found the right strategic partner
and an ideal launch location. Our flagship site will be in the stunning
Jewel Changi Airport, home to more than 2,000 trees, harkening back to
Shake Shack’s birthplace in NYC’s Madison Square Park.”

Shake Shack first launched in Asia at Tokyo’s Gaien Park in 2015, and
since then has expanded to include 10 Shacks in Japan, 7 in South Korea,
and a May 2018 Hong Kong flagship with a second Hong Kong location
planned to open at Pacific Place near the end of the year.

In keeping with its mission to Stand For Something Good®, Shake
Shack intends to work with local purveyors and producers to create a
one-of-a-kind Shack for the Singapore community. The menu will feature
Shake Shack’s signature items including the ShackBurger®, Shack-cago
Dog
®, classic crinkle-cut fries, beer, wine and frozen
custard
ice cream.

For more information, please visit: www.shakeshack.com
| www.facebook.com/shakeshack

About Shake Shack

Shake Shack is a modern day “roadside” burger stand known for its 100%
all-natural Angus beef burgers, chicken sandwiches and flat-top Vienna
beef dogs (no hormones or antibiotics – ever), spun-fresh frozen
custard, crinkle cut fries, craft beer and wine and more. With its
fresh, simple, high-quality food at a great value, Shake Shack is a fun
and lively community gathering place with widespread appeal. Shake
Shack’s mission is to Stand for Something Good®from
its premium ingredients and caring hiring practices to its inspiring
designs and deep community investment. Since the original Shack opened
in 2004 in NYC’s Madison Square Park, the company has expanded to more
than 180 locations in 26 U.S. States and the District of Columbia,
including more than 70 international locations across London, Hong Kong,
Istanbul, Dubai, Tokyo, Moscow, Seoul and more.

In its fourteen-year history, Shake Shack has been recognized with
countless accolades, including Bon Appétit’s “The 20 Most Important
Restaurants in America” (ranked #16), TIME Magazine’s “17 Most
Influential Burgers of All Time” (ranked #7 for the ShackBurger) and
winning “Best Burger” in 2007 and 2014 at the South Beach Wine and Food
Festival’s Burger Bash.

About SPC Group

SPC Group is a Korea-based global food company, with more than seventy
years of history and experience in the Korean market with companies
including SPC SAMLIP Co., LTD., Paris Croissant Co., LTD and BR Korea
Co., LTD (Baskin Robbins, Dunkin’ Donuts) and 30 undisputable brands
across 6,000 stores. SPC Group owns and operates brands such as
Paris Baquette, Paris Croissant, Passion 5, coffee@works, LaGrillia,
Queens Park,Vera, StrEAT, Bizeun and Glücks Shwein covering the bakery,
dessert and restaurant business. SPC Group has successfully introduced
global brands to the Korean market including Baskin Robbins, Dunkin’
Donuts, Caffe Pascucci, LINA’s and Jamba Juice. The bakery brand, Paris
Baguette, has entered markets overseas including France, US, China,
Singapore and Vietnam with over 350 stores. With continuous R&D and
creative marketing, SPC Group has devoted seventy years to becoming a
beloved global company through the pursuit of health and happiness.

Forward-Looking Statements

This press release contains forward-looking statements, as defined in
the Private Securities Litigation Reform Act of 1995, which are subject
to risks and uncertainties. All statements other than statements of
historical fact included in this press release, including but not
limited to expected Shack openings, are forward-looking statements.
Forward-looking statements discuss our current expectations and
projections relating to our financial position, results of operations,
plans, objectives, future performance and business. You can identify
forward-looking statements by the fact that they do not relate strictly
to historical or current facts. All forward-looking statements are
subject to known and unknown risks, uncertainties and other important
factors that may cause actual results to be materially different. All
forward-looking statements are expressly qualified in their entirety by
these cautionary statements. You should evaluate all forward-looking
statements made in this press release in the context of the risks and
uncertainties disclosed from time to time in the Company’s filings with
the Securities and Exchange Commission, including its most recent annual
report on Form 10-K and its subsequent quarterly report on Form 10-Qs,
which are available online at www.sec.govwww.shakeshack.com
or upon request from Shake Shack Inc.

The forward-looking statements included in this press release are made
only as of the date hereof. We undertake no obligation to publicly
update or revise any forward-looking statement as a result of new
information, future events or otherwise, except as otherwise required by
law.

Source: Shake Shack Inc.

Contacts

Investors:
ICR
Melissa Calandruccio, (844) SHACK-04
(844-742-2504)
investor@shakeshack.com
or
ICR
Michelle
Michalski, (844) SHACK-04 (844-742-2504)
investor@shakeshack.com
or
Media:
Shake
Shack
Jacqueline Gonzales, 646-747-8776
jgonzales@shakeshack.com
or
Shake
Shack
Kristyn Clark, 646-747- 8776
kclark@shakeshack.com

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