Restaurant Brands International — Aug 7, 2025 release

While this authorization preserves our capital allocation flexibility, we remain committed to prioritizing debt reduction in the near term. 2025 Financial Guidance For 2025, RBI continues to expect: • Segment G&A (excluding RH) for 2025 between $600 million and $620 million; • RH Segment G&A for 2025 of approximately $100 million; and • Consolidated capital expenditures, tenant inducements and incentives (including RH), or "Total Capex and Cash Inducements" between $400 million and $450 million. For 2025, RBI now expects Adjusted Interest Expense, net of around $520 million. Long-Term Algorithm RBI continues to expect the following long-term consolidated performance on average, from 2024 to 2028: • 3%+ Comparable Sales; and • 8%+ organic Adjusted Operating Income growth. In addition, the Company continues to expect to reach 5%+ Net Restaurant Growth towards the end of its algorithm period. Investor Conference Call We will host an investor conference call and webcast at 8:30 a.m. Eastern Time on Thursday, August 7, 2025, to review financial results for the second quarter ended June 30, 2025. The earnings call will be broadcast live via our investor relations website at http://rbi.com/investors and a replay will be available for 30 days following the release. The dial-in number is 1 (833)-470-1428 for U.S. callers, 1 (833)-950-0062 for Canadian callers, and 1 (929)-526-1599 for callers from other countries. For all dial-in numbers please use the following access code: 391075. Contacts Investors: investor@rbi