LOCO El Pollo Loco Holdings, Inc. - 8-K

Item 8.01 Other Events.

On May 28, 2026, El Pollo Loco Holdings, Inc. (the “Company”)
announced that on May 28, 2026 its Board of Directors approved a share repurchase program (the “Repurchase Program”) under
which the Company is authorized to repurchase up to $40,000,000 in shares of the Company’s Common Stock.

Under the Repurchase Program, shares may be repurchased from time to
time on the open market, in block trades, in privately negotiated transactions, or transactions otherwise in compliance with Rule 10b-18
under the Securities Exchange Act of 1934, as amended. The amount and timing of any shares repurchased under the Repurchase Program will
be determined at the discretion of management and will depend on a number of factors, including the market price of the Company’s
stock, general business, economic and market conditions, alternative investment opportunities, and funding considerations. The Company
may also from time to time establish one or more plans under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, for the repurchase
of shares of its common stock under the Repurchase Program. The Repurchase Program does not obligate the Company to acquire any particular
number of shares. The authorization under the Repurchase Program has an open-ended term, but it may be expanded, modified, suspended,
or discontinued at any time.