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This presentation may contain certain forward-looking statements and information, which reflect management's current beliefs and expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties. These forward-looking statements include statements about Restaurant Brands International’s (“RBI’s”) expectations and beliefs regarding (1) the sales and restaurant growth and expansion opportunities for RBI’s six segments and the drivers and pace of such growth, (2) RBI’s restaurant pipeline and its long-term restaurant growth goals, (3) platform, product and daypart expansion opportunities and the timing of new products, (4) industry growth and trends, ( 5) RBI’s approach and goals with respect to digital and technology, (6) RBI’s business strategies and strategic initiatives, (7) capital allocation strategies and dividend growth, (8) the impact and timing of remodeling and refresh efforts across RBI brands, (9) RBI’s franchisees and strategic relationships, (10) RBI’s ability to create value for its shareholders, (11) competition in its markets and its relative position, (12) direct operation of a limited number of branded restaurants, and (13) sources of revenue and the drivers of RBI’s financial and operational performance. The factors that could cause actual results to differ materially from RBI’s expectations and beliefs are detailed in filings of RBI with the Securities and Exchange Commission and applicable Canadian securities regulatory authorities, such as its annual and quarterly reports and current reports on Form 8-K, and include the following risks: risks related to RBI’s ability to successfully implement its domestic and international growth strategy and risks related to its international operations; risks related to unforeseen events such as pandemics; risks related to our franchisees’ financial stability and their ability to access and maintain the liquidity necessary to operate their business; risks related to RBI’s ability to compete domestically and internationally in an intensely competitive industry; risks related to RBI’s indebtedness; global economic or other business conditions that may affect the desire or ability of our customers to purchase our products; RBI’s relationship with, and the success of, its franchisees and risks related to its nearly fully franchised business model; health concerns, risks related to supply chain; increased or evolving government restrictions and regulation, including changes in applicable tax laws or tariffs, and financial distress of franchisees, suppliers and/or distributors arising from outbreaks of viruses or significant health epidemics or from armed conflict, potential terrorism or other macroeconomic factors; and the effectiveness of RBI’s marketing, advertising and digital programs and franchisee support of these programs. We do no t assume a duty to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, change in expectations or otherwise, except as legally required. This presentation contains non-GAAP financial measures. These non-GAAP financial measures are not measures of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing RBI’s financial results. Therefore, these measures should not be considered in isolation or as an alternative to net income, operating income or any other performance measures derived in accordance with GAAP as measures of operating performance or as an alternative to operating cash flows as a measure of liquidity. Definitions of non-GAAP measures and operating metrics as well as reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures are included in a supplemental presentation posted on the Company’s investor relations webpage. System-wide sales are driven by sales at franchised restaurants, as nearly all of current restaurants are franchised. RBI does not record franchise sales as revenues; however, franchise revenues include royalties based on a percentage of franchise sales. Information regarding industry, market and category size and growth comes from third parties. Although RBI believes these sou rces to be reliable, RBI has not independently verified the data obtained from these sources and cannot assure you of the data’s accuracy or completeness. Due to rounding, numbers throughout this presentation may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. In this presentation, the Tim Hortons® brand may be referred to as “Tim Hortons” or “TH”, the Burger King® brand as “Burger K ing” or “BK”, the Popeyes® brand as “Popeyes” or “PLK”, and the Firehouse Subs® brand as “Firehouse” or “FHS”. All trademarks are the exclusive property of their respective owners. All figures are as of December 31, 2024 or for the fiscal year then ended, unless otherwise noted.