Restaurant Brands International — Aug 6, 2026 release

This plan includes investing up to $700 million through year-end 2028, comprised of advertising and digital investments (which were completed in 2024) and high-quality remodels and relocations, restaurant technology, kitchen equipment, and building enhancements ("Royal Reset"). As of June 30, 2026, we have funded $194 million out of up to $550 million planned toward the Royal Reset investments. Second Quarter 2026 Results The increase in Total revenues was primarily driven by the increase in Comparable Sales, partially offset by the net impact of refranchisings. The increase in Adjusted Operating Income was primarily driven by higher Franchise and property revenues. 4 PLK Segment Results Three Months Ended June 30, Six Months Ended June 30, (in US$ millions, unaudited) 2026 2025 2026 2025 System-wide Sales Growth (3.1) % 1.6  % (3.5) % (0.4) % System-wide Sales $ 1,529  $ 1,578  $ 2,950  $ 3,053  Comparable Sales (5.1) % (1.4) % (5.8) % (2.7) % Comparable Sales - US (5.2) % (0.9) % (5.8) % (2.4) % Net Restaurant Growth 0.5  % 2.5  % 0.5  % 2.5  % System Restaurant Count at Period End 3,542  3,524  3,542  3,524  Company restaurant sales $ 46  $ 46  $ 90  $ 93  Franchise and property revenues $ 81  $ 87  $ 156  $ 165  Advertising revenues and other services $ 72  $ 77  $ 143  $ 147  Total revenues $ 199   $ 210   $ 389   $ 404   Company restaurant expenses $ 41  $ 40  $ 79  $ 79  Segment F&P expenses $ 3  $ 6  $ 6  $ 8  Advertising expenses and other services $ 74  $ 80  $ 148  $ 152  Segment G&A $ 18  $ 19  $ 36  $ 40  Adjusted