June 18, 2026

To: Interested Parties

Subject: Solicitation of Proposal for the Terminal 3 Food Hall and Sit-Down Restaurant and Terminal 2 Burger Quick Serve Restaurant Lease

San Francisco International Airport is preparing to commence the selection process for the Terminal 3 Food Hall and Sit-Down Restaurant and Terminal 2 Burger Quick Serve Restaurant Lease.

We invite you to participate in the Proposal process. Enclosed is a summary of the proposed business terms for this lease.

An Informational Conference will be held on Wednesday 29, 2026, at 10:00 a.m. (PT) at the Louis A.

Turpen Aviation Museum in Dianne Feinstein International Terminal.

If you are interested in receiving further information for this opportunity, attending the Informational Conference, and/or joining the tour, please complete the response form and RSVP by 5:00 p.m. (PT) on Wednesday, July 22, 2026.

Link for RSVP Informational Conference and RFP Premises tour: T3 Food Hall and Sit-Down Restaurant and T2 Burger Quick Serve

Please note: Each individual from the same company who wishes to attend the Informational Conference or tour must submit a separate form.

Proposal documents will be available for viewing and download beginning Thursday, June 18, 2026, at: http://www.flysfo.com/business-at-sfo/current-opportunities.

Thank you for your interest and we look forward to your response.

Sincerely, Cheryl Brennan Director Revenue Development and Management

Enclosures cc: Clarissa Mamaril, SFO-RDM

Docusign Envelope ID: 7155EEB0-C92E-8D49-8239-FCAE5DF7BB47 https://forms.cloud.microsoft/Pages/ResponsePage.aspx?id=z8LVIj7OPUSaf9_MAjH3P1uWzXnWl-ZGlrnjwlgWixhUMkNPV0hNS1lKV0E0Q0tLUlo2RzUzMjdIWC4u https://forms.cloud.microsoft/Pages/ResponsePage.aspx?id=z8LVIj7OPUSaf9_MAjH3P1uWzXnWl-ZGlrnjwlgWixhUMkNPV0hNS1lKV0E0Q0tLUlo2RzUzMjdIWC4u http://www.flysfo.com/business-at-sfo/current-opportunities

Attachment

Terminal 3 Food Hall and Sit-Down Restaurant and Terminal 2 Burger Quick Serve Restaurant RFP

Attachment Page 1 of 3

PROPOSED LEASE SPECIFICATIONS

Concepts: • Food Hall

• Sit-Down Restaurant

• Burger Quick Serve Restaurant

Premises: • Food Hall – 7,000 sq. ft. located post-security in Terminal 3

• Sit-Down Restaurant – 2,823 sq. ft. located post-security in Terminal 3, Boarding Area E

• Burger Quick Serve Restaurant – 1,072 sq. ft. located post-security in Terminal 2

Term: 16 years commencing on the Rent Commencement Date.

Minimum Annual Guarantee (MAG):

• Food Hall - $1,150,000.00

• Sit-Down Restaurant - $600,000.00

• Burger Quick Serve Restaurant - $400,000.00

On each MAG Adjustment Date, the MAG with respect to the upcoming Lease Year shall be the greater of the existing MAG or eighty-five (85%) of the Base Rent for the prior Lease Year.

Docusign Envelope ID: 7155EEB0-C92E-8D49-8239-FCAE5DF7BB47

Attachment Page 2 of 3

Annual Rent: For each Lease Year, the base rent shall be the higher of the MAG or the following tiered percentage rent:

• Food Hall o 8% of Gross Revenues achieved up to and including $6,000,000.00; plus o 10% of Gross Revenues achieved between $6,000,000.01 and $11,000,000.00; plus o 12% of Gross Revenues achieved over $11,000,000.00.

• Sit-Down Restaurant o 8% of Gross Revenues achieved up to and including $5,000,000.00; plus o 10% of Gross Revenues achieved between $5,000,000.01 and $6,000,000.00; plus o 12% of Gross Revenues achieved over $6,000,000.00.

• Burger Quick Serve Restaurant o 8% of Gross Revenues achieved up to and including $2,000,000.00; plus o 10% of Gross Revenues achieved between $2,000,000.01 and $3,000,000.00; plus o 12% of Gross Revenues achieved over $3,000,000.00.

Proposal Deposit Amount:

$50,000.00

Lease Deposit Amount:

The sum of one-half of the MAG for each location, as the same may be adjusted from time to time.

Minimum Improvement Amount:

$1,200.00 per square foot or an amount satisfactory to meet the requirements of the Design Review Committee and the Tenant Design Guidelines.

Construction Period: 210 days from turnover of Premises, with additional periods provided if more than one facility is simultaneously delivered to Tenant, as set forth in the Lease.

Attachment Page 3 of 3

MINIMUM QUALIFICATION REQUIREMENTS

Minimum Qualification Requirements:

• Proposer must have a minimum of three (3) years within the past seven (7) years (qualifying years) in the ownership or management of a restaurant (qualifying business).

• Proposer may be a newly-formed entity (e.g., limited liability company, joint venture, or corporation) provided that the corporation or other legal entity that is the proposer or its principals, satisfies the minimum qualification requirements.

• Proposer’s qualifying business must have achieved gross sales of at least $5,000,000.00 per qualifying year from a single restaurant location.

EVALUATION CRITERIA

Proposed and Operation of Concept 50 points

Design Intention and Capital Investment 30 points

Customer Service and Quality Control 10 points

Business Plan 10 points

Total Possible 100 points

Exhibit A