Carl’s Jr. Honors Founders by Offering up to $60,000 in Scholarships

Applications now open for 17th annual Carl
N. and Margaret Karcher Founders’ Scholarship program

CARPINTERIA, Calif.–(BUSINESS WIRE)–Carrying on its commitment to advancing education, Carl’s Jr.® is
pleased to announce tomorrow’s kickoff of the 17th annual
Carl N. and Margaret Karcher Founders’ Scholarship program. Carl’s Jr.
will award up to 60 deserving students a $1,000 scholarship toward
attending the two- or four-year college or vocational school of their
choice this upcoming academic year. The scholarship application is now
available at www.carlsjr.com/scholarship.
Submissions must be postmarked by Feb. 15, 2016 for consideration.

Carl’s Jr. founder Carl N. Karcher and his wife Margaret established the
scholarship program in 1999 to reward hardworking youth. The Karchers
started Carl’s Jr. as a young married couple in 1941, believing they
could earn success through their commitment to faith, service and hard
work. Now, more than 70 years later, Carl’s Jr. is proud to honor its
late founders’ commitment to the community and the people its
restaurants serve with the annual scholarship program. Since the
inception of the program, Carl’s Jr. has granted $745,000 in
scholarships.

Scholarship winners will be selected based on academic record, school
and community leadership and participation, work experience and future
goals. Financial need and other family circumstances, as well as an
outside appraisal will also be considered. “In tough economic times,
scholarship programs like this are invaluable to the community,” said
Andy Puzder, chief executive officer of CKE Restaurants. “Giving back to
hardworking youth in need is part of the core values of Carl’s Jr.”

Applicants for the Carl N. and Margaret Karcher Founders’ Scholarship
must be high school seniors or graduates, age 21 or younger, who are
planning to enroll for the first time in full-time undergraduate study
at an accredited two- or four-year college or vocational school for the
entire upcoming academic year. Applicants must be residents of the
states in which Carl’s Jr. operates restaurants: Alaska, Arizona,
California, Colorado, Hawaii, Idaho, Louisiana, Nevada, New Mexico,
Oklahoma, Oregon, Texas, Utah, Washington or Wyoming.

Complete information about the Carl N. and Margaret Karcher Founders’
Scholarship application process and a downloadable application are
available on the Carl’s Jr. website at www.carlsjr.com/scholarship.

The Carl N. and Margaret Karcher Founders’ Scholarship is administered
by Scholarship Management Services®, a division of
Scholarship America®. Scholarship Management Services is the
nation’s largest designer and manager of scholarship and tuition
reimbursement programs for corporations, foundations, associations and
individuals. Employees, affiliates and franchisees of Carl Karcher
Enterprises LLC, Scholarship America, affiliated agencies and their
immediate families are not eligible to receive a scholarship pursuant to
this program.

About CKE Restaurants Holdings, Inc.

CKE Restaurants Holdings, Inc. (“CKE”) is a privately held company
headquartered in Carpinteria, Calif. Through its subsidiaries, CKE owns
and licenses Carl’s Jr.® and Hardee’s® quick-service restaurants. CKE
operates Carl’s Jr. and Hardee’s as one brand under two names
acknowledging the regional heritage of both banners. After opening its
first restaurants in New York and New Jersey this spring and recent
international openings in Canada, Colombia and Guatemala, CKE now has a
total of 3,652 franchised or company-operated restaurants in 44 states
and 36 foreign countries and U.S. territories. Known for its
one-of-a-kind premium menu items such as 100 percent Black Angus
Thickburgers®, Made from Scratch Biscuits, Hand-Breaded
Chicken Tenders and Fresh Baked Buns, as well as an
award-winning marketing approach, the Carl’s Jr./Hardee’s brand
continues to deliver substantial and consistent growth in the U.S. and
overseas. The Carl’s Jr./Hardee’s system is now 92 percent franchised,
with international restaurants representing 18 percent of the system.
For more information about CKE, please visit www.ckr.com
or its brand sites at www.carlsjr.com
and www.hardees.com.

Contacts

On behalf of CKE Restaurants Holdings, Inc.
Coast Public Relations
Kate
Franklin, 818-606-9784
kate@coastprgroup.com