On August 10, 2023, Noble Roman's Inc announced that on August 10, 2023, its 2023 annual meeting of shareholders was called to order, under the Company?s by-laws, shareholders representing a majority of the votes entitled to be cast on a particular matter must be represented in person or by proxy to constitute a quorum for such matter. In addition, the Company stated that as of June 5, 2023, the record date for the Annual Meeting, there were 22,215,512 shares of the Company?s common stock issued and outstanding. Accordingly, shareholders representing 11,107,757 shares were required to be present in person or by proxy for a quorum to exist at the Annual Meeting.

Based on information available to the Company, shares representing 9,074,749 votes were represented in person or by proxy at the Annual Meeting. Therefore, a quorum did not exist, and the Company?s Executive Chairman adjourned the Annual Meeting without taking any vote and the next meeting of shareholders will be scheduled for 2024.