Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class A Common Stock, par value $0.001 per share^F5,F1,F2	Aug 2, 2016	C	34,000	—	A	108,807	I	See Footnotes
Class B Common Stock, par value $0.001 per share^F6,F1,F7	Aug 2, 2016	J	34,000	—	D	49,127	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F5,F1,F4	Aug 2, 2016	C	136,000	—	A	437,605	I	See Footnotes
Class B Common Stock, par value $0.001 per share^F6,F1,F8	Aug 2, 2016	J	136,000	—	D	191,658	I	See Footnotes
Class A Common Stock, par value $0.001 per share^F3	holding	—	—		—	987,452	I	See Footnote

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Membership Interests^F5,F1,F9	$0.00	Aug 2, 2016	C	34,000	A	—	—	Class A Common Stock, par value $0.001 per share	34,000	49,127	I
Common Membership Interests^F5,F1,F10	$0.00	Aug 2, 2016	C	136,000	A	—	—	Class A Common Stock, par value $0.001 per share	136,000	191,658	I

Explanation of responses

F1See Exhibit 99.1.
F10See Exhibit 99.1.
F2See Exhibit 99.1.
F3See Exhibit 99.1.
F4See Exhibit 99.1.
F5See Exhibit 99.1.
F6See Exhibit 99.1.
F7See Exhibit 99.1.
F8See Exhibit 99.1.
F9See Exhibit 99.1.

Remarks

List of Exhibits Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Names and Addresses Exhibit 99.3 - Joint Filers' Signatures Solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, Select Equity Group, L.P. ("Select Equity Group"), the SEG Funds (as defined below) and George S. Loening may be deemed to be directors-by-deputization by virtue of their right to designate a member of the board of directors of the Issuer. Select Equity Group, the SEG Funds and George S. Loening have designated Evan C. Guillemin as a member of the board of directors of Shake Shack Inc. ("Shake Shack").