Exhibit 99.1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including additional amendments thereto) with respect to the shares of Class A Common Stock, no par value, of Biglari Holdings Inc., an Indiana corporation. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.
Dated: June 13, 2022
| THE LION FUND, L.P. | |||
| By: | BIGLARI CAPITAL CORP., its General Partner | ||
| By: | /s/ Sardar Biglari | ||
| Name: | Sardar Biglari | ||
| Title: | Chairman and Chief Executive Officer | ||
| BIGLARI CAPITAL CORP. | |||
| By: | /s/ Sardar Biglari | ||
| Name: | Sardar Biglari | ||
| Title: | Chairman and Chief Executive Officer | ||
/s/ Sardar Biglari | |||
| SARDAR BIGLARI | |||
