Material Event (Form 8-K)

Item 8.01 Other Events

On December 12, 2025, Falcon's Beyond Global, Inc. (the "Company") notified shareholders owning shares and units held in escrow pursuant to the Earnout Escrow Agreement dated as of October 6, 2023, by and among the Company and such shareholders (the "Earnout Escrow Agreement"), that the first stock price-based earnout trigger set forth in the Earnout Escrow Agreement was met. The Earnout Escrow Agreement was entered into in connection with the previously reported business combination between the Company and FAST Acquisition Corp. II and, as previously reported, a total of 1,000,000 earnout shares denominated as Class A common stock and 39,000,000 earnout shares denominated as Class B common stock and 39,000,000 earnout units are outstanding, each of which will be earned, released and delivered upon satisfaction of, or forfeited and canceled upon the failure of, certain milestones described below related to the volume weighted average closing sale price of the Class A Common Stock during the five-year period beginning on October 6, 2024 and ending on October 6, 2029. As of December 2, 2025, Company's volume weighted average closing sale price of its Class A common stock was greater than $16.67 for a period of at least twenty out of thirty consecutive trading days ending on December 2, 2025, and accordingly, pursuant to the Earnout Escrow Agreement, 15,000,000 of the outstanding earnout shares and units were earned, released from escrow, and delivered to such shareholders. No new securities were issued in connection with such event. Further, pursuant to the Stockholders Agreement between the Company and such shareholders dated October 6, 2023, the released shares and units are subject to transfer restrictions for a period ending 365 days after they are earned, released and delivered from escrow.