Bojangles’® Continues Franchise Growth, Signs New Development Agreement for Virginia

Bojangles’, Inc. (NASDAQ: BOJA), the popular growing restaurant operator and franchisor, today announced that it has signed a new multi-unit development agreement with VABO, Inc. of Wilmington, North Carolina.

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Bojangles' recently unveiled its new restaurant design concept aimed at propelling the fast-growing chain to its next stage of success. The first restaurant built using the new design opened in Greenville, South Carolina, on January 11, 2017. (Photo: Bojangles')

According to the agreement, VABO, Inc. is scheduled to open four new Bojangles’ restaurants over the next four years to potentially include locations in Chesapeake, Portsmouth and Virginia Beach, Virginia. The ownership group has significant retail experience as they currently own and operate several quick service restaurants in South Carolina and Georgia.

“We are pleased to welcome the VABO, Inc. group to the Bojangles’ family,” said Randy Icard, Bojangles’ vice president of franchise development. “Bojangles’ is a long-time franchisor with significant long-term growth opportunity for strategic franchise development. We are actively seeking well qualified owner-operators like the team at VABO, Inc. and look forward to working with them to continue growing the brand in Virginia.”

For nearly 40 years, fans have enjoyed Bojangles’ proprietary products that offer a flavor profile unlike anything in the market. The menu features southern classics with Bojangles’ one-of-a-kind flavors, including fresh, never frozen, hand-breaded bone-in chicken, buttermilk biscuits made from scratch every twenty minutes, salads, sandwiches, flavorful fixin’s like green beans and Bojangles’ Cajun Pintos®, and Legendary Iced Tea® steeped the old-fashioned way.

Bojangles’ also recently unveiled its new restaurant design concept aimed at propelling the fast-growing chain to its next stage of success. The first restaurant built using the new design opened in Greenville, South Carolina, on January 11, 2017. Many of the design elements being tested in the new concept will also be incorporated into several upcoming restaurant remodels. To learn more about Bojangles’ new restaurant concept, click here.

For more information about franchising at Bojangles’, visit Bojangles.com/Franchising. Follow Bojangles’ on Twitter (@Bojangles1977) and Instagram (@Bojangles_1977).

About Bojangles’, Inc.Bojangles’, Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from our Southern recipes. Founded in 1977 in Charlotte, N.C., Bojangles’ serves menu items such as delicious, famous chicken, made-from-scratch buttermilk biscuits, flavorful fixin’s and Legendary Iced Tea®. At December 25, 2016, Bojangles’ had 716 system-wide restaurants, of which 309 were company-operated and 407 were franchised restaurants, primarily located in the Southeastern United States. For more information, visit www.bojangles.com or follow Bojangles’ on Facebook and Twitter.

Forward-Looking StatementsThis press release contains forward-looking statements. All statements other than statements of historical fact included in this press release are forward-looking statements. These statements are not guarantees of future performance and involve a number of known and unknown risks, assumptions, trends, uncertainties and factors that are beyond our control. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. We undertake no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise than as required under the federal securities laws.

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Bojangles’, Inc.Brian K. Little, 704-519-2118PR/Media [e-mail] Gross, 203-682-8253Investor [e-mail]