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The ONE Group Hospitality, Inc. Moves STK Los Angeles to New Location, Bringing the Brands Signature Vibe Dining to a Breathtaking New Venue

1. STK Los Angeles relocates to a larger venue, enhancing capacity. 2. New STK design features unique ambiance and high-energy dining experience. 3. Expanded menu includes premium steaks and elevated takeout options. 4. Former STK location now operates as Samurai Steakhouse. 5. The ONE Group continues partnerships while expanding brand presence.

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Why Bullish?

The expansion to a larger venue demonstrates growth potential, similar to industry successes from restaurant relocations. Historical examples show that upscale dining establishments often see improved revenues from larger, well-designed spaces.

How important is it?

The news highlights STKS's strategic move to increase capacity and brand visibility, directly correlating with expected revenue growth.

Why Short Term?

The immediate positive consumer and media attention from the relocation can boost sales quickly, reflecting similar short-term growth patterns observed when restaurants open in high-demand areas.

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BRGKONABENHRASAM
-Weeks after opening doors in Topanga, the relocation of STK Los Angeles to an expansive new venue, with increased capacity, marks the start of a “Vibe” filled west coast power play for The ONE GroupFollowing the relocation of STK Los Angeles, its former location at The W Hotel in Westwood has reopened as Samurai Steakhouse and operated by The ONE Group DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (Nasdaq: STKS) is continuing its culinary expansion in the greater Los Angeles-area with the relocation of its longstanding Westwood restaurant to an expansive new venue. On the heels of opening the doors of a new STK Steakhouse in Topanga, the newly relocated STK Los Angeles restaurant – located at 1100 Glenwood Ave. – continues to serve up the brand’s signature and unmatched “Vibe Dining” for lunch, dinner, happy hour and weekend brunch. “STK Los Angeles has long been a staple of the vibrant and chic culinary seen in the City of Angels, attracting celebrities, influencers and visitors for nearly two decades,” said Emanuel “Manny” Hilario, President and CEO of The ONE Group. “While we have loved calling the W Hotel home for the past 10-years, the new venue for STK Los Angeles enables us to accommodate even more guests eager to enjoy our rich Vibe Dining experience and exhibits our commitment to expanding in the area.” As with all STK Steakhouse restaurants, the new location in Los Angeles’ vibrant Westwood Village features a sophisticated, high-energy design, including the signature white horn wall, STK “RED” bull sculptures, STK flower letters perfect for social media content, vibrant neon signs and opulent white florals throughout the restaurant. The new location also features unique illuminated LED columns and ceiling ribbons that can be adjusted to an array of colors based on time of day, music and private event needs. The dining room features a mix of tables with white leather chairs and the iconic white circular dining booths – perfect for larger parties. Finally, two private dining rooms provide the perfect setting for more intimate events and special events, while floor to ceiling windows allows the bright California sunlight to flood the main the dining area with natural light. Guests can indulge in the same craveable favorites they have come to know and love when dining at STK, including the legendary Lil’ BRG Sliders, Wagyu Meatballs, Short Rib Quesadillas and expansive selection of premium steaks – including cuts of Wagyu from around the globe. The steakhouse also offers an elevated takeout and delivery experience, bringing its upscale culinary flair straight to your doorstep. With a robust, award-winning wine list, STK invites guests to perfectly pair its premium dry-aged steaks with standout varietals from around the globe. Hours of operation for the new STK Westwood are as follows: Sunday – Thursday: 2:30 pm – 11 pm Friday - Saturday: 2:30 pm – 12 am While STK Los Angeles will no longer call The W Hotel home, The ONE Group will maintain its food & beverage partnership with the venue. The previous home of STK Los Angeles has reopened as Samurai Steakhouse – a restaurant concept offering an elegant presentation of Japanese cuisine and unique take on the traditional steakhouse, currently offered al fresco on the patio and the main dining room to reopen in June. The ONE Group will also continue to operate The Hideout restaurant and bar at the outdoor patio and pool area of the W Hotel, providing one of the most exciting outdoor dining environments in Los Angeles. This new Company-owned location is now open, and reservations are available to book online at stksteakhouse.com/en-us/location/los-angeles/ About The ONE Group The ONE Group Hospitality, Inc. (Nasdaq: STKS) is an international restaurant company that develops and operates upscale and polished casual, high-energy restaurants and lounges and provides hospitality management services for hotels, casinos and other high-end venues both in the U.S. and internationally. The ONE Group’s focus is to be the global leader in Vibe Dining, and its primary restaurant brands and operations are: STK, a modern twist on the American steakhouse concept with restaurants in major metropolitan cities in the U.S., Europe and the Middle East, featuring premium steaks, seafood and specialty cocktails in an energetic upscale atmosphere. Benihana, an interactive dining destination with highly skilled chefs preparing food right in front of guests and served in an energetic atmosphere alongside fresh sushi and innovative cocktails. The Company franchises Benihanas in the U.S., Caribbean, Central America, and South America. Kona Grill, a polished casual, bar-centric grill concept with restaurants in the U.S., featuring American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere. RA Sushi, a Japanese cuisine concept that offers a fun-filled, bar-forward, upbeat, and vibrant dining atmosphere with restaurants in the U.S. anchored by creative sushi, inventive drinks, and outstanding service. Salt Water Social is your gateway to the seven seas, featuring an array of signature and unique fresh seafood items, complemented by the highest quality beef dishes and elegant, delicious cocktails. Samurai, an interactive dining experience located in sunny Miami, FL and in Westwood, CA, provides a distinctive dining experience where skilled personal chefs masterfully perform the ancient art of teppanyaki, anywhere from two to twenty tables, right before your eyes along with a robust selection of steak offerings. ONE Hospitality, The ONE Group’s food and beverage hospitality services business develops, manages and operates premier restaurants and turnkey food and beverage services within high-end hotels and casinos currently operating venues in the U.S. and Europe. Additional information about The ONE Group can be found at www.togrp.com. More News From The ONE Group Hospitality, Inc.

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