Toast — Nov 4, 2025 release

For the same reasons, the Company is unable to assess the probable significance of the unavailable information, which could have a material impact on its future GAAP financial results. • Adjusted EBITDA in the range of $610 million to $620 million (up from $565 million to $585 million) The outlook provided above constitutes forward-looking information within the meaning of applicable securities laws and is based on a number of assumptions and subject to a number of risks. See cautionary note regarding “Forward-looking Statements” in this press release. Recent Business Highlights • Toast announced a major expansion of the Toast IQ intelligence ecosystem with a conversational AI assistant for restaurants and food & beverage retailers. Designed as an operator’s ‘right hand,’ Toast IQ offers personalized, timely recommendations; enables users to ask complex questions in plain language, and receive tailored advice and guidance; and take action within a single conversational interface. Additionally, Toast is collaborating with The Coca-Cola Company on an exclusive AI-powered feature within Toast IQ designed to help improve beverage sales. • Toast recently signed several large scale operators to join its platform, including Nordstrom, TGI Fridays® and Everbowl. Nordstrom is implementing the Toast platform at nearly 200 dining locations across approximately 100 stores in the United States. Nordstrom selected Toast for its proven ab