Dutch Bros Inc. announced it intends to expand operations at its Phoenix, Arizona office. The Company anticipates providing further details on the expansion during its Fourth Quarter and Full-Year 2023 earnings call in mid-February. The Company anticipates shifting approximately 40% of its total support staff to its Phoenix, AZ office by January 1, 2025.

These roles are primarily strategic in nature and those that support day-to-day operations, a portion of which are already based in Arizona. Expanding operations in Arizona positions the Company?s support center closer to its center of gravity as the brand expands across the country.