CHIPOTLE TO EXPAND TO ASIA FOR THE FIRST TIME THROUGH A JOINT VENTURE WITH SPC GROUP

In partnership, Chipotle and SPC Group plan to open the first Chipotle restaurants in South Korea and Singapore in 2026.

NEWPORT BEACH, Calif. , Sept. 10, 2025 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it has signed a joint venture to open restaurants in Asia for the first time. In partnership, SPC Group, a leading South Korea -based food company, and Chipotle plan to open the first Chipotle restaurants in South Korea and Singapore in 2026.

"With a rapidly evolving dining-out business, fueled by preferences for variety and convenience, expanding into Asia presents an incredible growth opportunity for Chipotle," said Scott Boatwright , Chief Executive Officer of Chipotle . "Real food prepared fast is in high demand in these markets and with