13D Filing: JCP Investment Management, LLC and Fiesta Restaurant Group Inc. (FRGI)

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(c) JCP Holdings has not entered into any transactions in the Shares during the past 60 days. The transactions
in the Shares on behalf of JCP Partnership and JCP Single-Asset during the past 60 days are set forth in Schedule A and are incorporated
herein by reference.
E. JCP Management
(a) JCP Management, as the investment manager of each of JCP Partnership and JCP Single-Asset, may
be deemed the beneficial owner of the (i) 487,358 Shares owned by JCP Partnership and (ii) 251,442 Shares owned by JCP Single-Asset.

Percentage: Approximately
2.73%

(b) 1. Sole power to vote or direct vote: 738,800
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 738,800
4. Shared power to dispose or direct the disposition: 0

(c) JCP Management has not entered into any transactions in the Shares during the past 60 days. The
transactions in the Shares on behalf of JCP Partnership and JCP Single-Asset during the past 60 days are set forth in Schedule
A and are incorporated herein by reference.
F. Mr. Pappas
(a) Mr. Pappas, as the managing member of JCP Management and sole member of JCP Holdings, may be deemed
the beneficial owner of the (i) 487,358 Shares owned by JCP Partnership and (ii) 251,442 Shares owned by JCP Single-Asset.

Percentage: Approximately
2.73%

(b) 1. Sole power to vote or direct vote: 738,800
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 738,800
4. Shared power to dispose or direct the disposition: 0
(c) Mr. Pappas has not entered into any transactions in the Shares during the past 60 days. The transactions
in the Shares on behalf of JCP Partnership and JCP Single-Asset during the past 60 days are set forth in Schedule A and are incorporated
herein by reference.
G. BLR Partners
(a) As of the close of business on May 12, 2017, BLR Partners beneficially owned 615,000 Shares.

Percentage: Approximately
2.27%

(b) 1. Sole power to vote or direct vote: 615,000
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 615,000
4. Shared power to dispose or direct the disposition: 0
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