Restaurant Brands International — May 6, 2026 release

The decrease in Adjusted Operating Income (Loss) was primarily driven by Company restaurant expenses related to scaling our international start-up businesses and an increase in depreciation and amortization expense in BK US. 7 Cash and Liquidity The RBI Board of Directors has declared a dividend of $0.65 per common share and partnership exchangeable unit of RBI LP for the second quarter of 2026. The dividend will be payable on July 7, 2026 to shareholders and unitholders of record at the close of business on June 23, 2026. On August 6, 2025, our Board of Directors approved a share repurchase program authorizing the repurchase of up to $1,000 million of our common shares from September 15, 2025 through September 30, 2027. For the three months ended March 31, 2026, we repurchased 463,442 of our common shares for $34 million. Of these repurchases, 21,669 had not yet settled as of March 31, 2026 and therefore were not retired at that date. As of March 31, 2026, we had $966 million remaining under the new share repurchase authorization. Subsequent Events Subsequent to March 31, 2026 through April 30, 2026, we repurchased 337,204 of our common shares for $26 million and as of April 30, 2026 had $940 million remaining under the share repurchase authorization. 2026 Financial Guidance For 2026, RBI expects: • Segment G&A (excluding RH) for 2026 between $600 million and $620 million; • RH AOI of approximately $10 to $20 million; • Adjusted Interest Expense, net between $500 million and $520 million; and • Consolidated capital expenditures,