On October 18, 2024, Karat Packaging Inc. discovered unauthorized third-party access to its information systems. The Company activated its cybersecurity response plan, began investigating scope and containing the threat, and notified federal law enforcement. The Company stated the incident is not material under Item 1.05 and did not disrupt business operations; investigation remains ongoing. Filed as Item 8.01 Other Events on Form 8-K dated October 23, 2024.