Cardwell John Garrett

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PS: Planned sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value	Details
2021-06-22	2021-06-18	Biglari Holdings Inc (BH)	B Purchase	50 +11.1% 171.00 USD 8,550	50 +11.1%	171.00	USD 8,550
2021-03-15	2021-03-11	Biglari Holdings Inc (BH)	B Purchase	150 +50.0% 149.80 USD 22,470	150 +50.0%	149.80	USD 22,470
2020-12-10	2020-12-08	Biglari Holdings Inc (BH)	B Purchase	100 +50.0% 119.42 USD 11,942	100 +50.0%	119.42	USD 11,942
2020-11-18	2020-11-16	Biglari Holdings Inc (BH)	B Purchase	200 +inf% 101.86 USD 20,372	200 +inf%	101.86	USD 20,372