Restaurant Brands International — May 8, 2025 release

Reports First Quarter 2025 Results Consolidated system-wide sales grow 2.8% year-over-year, including 8.6% in International Global comparable sales of 0.1%, or over 1% adjusting for Leap Day (a) RBI remains on track for 8%+ organic Adjusted Operating Income growth in 2025 Miami, May 8, 2025 - Restaurant Brands International Inc. (“RBI”) (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financial results for the first quarter ended March 31, 2025. Josh Kobza, Chief Executive Officer of RBI commented, "We are making solid progress executing the fundamentals of our business, despite a slower start to the year. We have clear growth plans across each of our brands and strong alignment with our franchisees. We’re seeing encouraging momentum in Q2 and combined with responsible cost management, are on track to deliver stronger results through the balance of the year and achieve at least 8 percent organic adjusted operating income growth in 2025.” Consolidated Operational and Financial Highlights (in US$ millions, except per share and ratio data, unaudited) Three Months Ended March 31, Operational Highlights 2025 2024 System-Wide Sales Growth 2.8  % 8.1  % System-Wide Sales $ 10,496 $ 10,512 Comparable Sales 0.1  % 4.6  % Net Restaurant Growth 3.3  % 3.9  % System Restaurant Count at Period End 32,149 31,113 Financial Highlights Total Revenues $ 2,109 $ 1,739 Income from Operations $ 435 $ 544 Income from Oper