Mr. Josh Kobza reports

RESTAURANT BRANDS INTERNATIONAL INC. ANNOUNCES NEW SEGMENT REPORTING AND KEY DATES FOR 2024

Restaurant Brands International Inc. has made a shift in its reportable segments. In addition, RBI announced key 2024 dates, including a coming investor event on Feb. 15, 2024, and preliminary 2024 earnings call dates.

Segment reporting

As previewed during RBI's third quarter 2023 earnings conference call, the company will report results under five reportable segments: (1) Tim Hortons (TH); (2) Burger King (BK); (3) Popeyes Louisiana Kitchen (PLK); (4) Firehouse Subs (FHS); and (5) international (INTL). The TH, BK, PLK and FHS segments include results from each brand's operations in the United States and Canada. INTL includes consolidated results from each brand's operations outside of the United States and Canada. This shift in reportable segments reflects how RBI's leadership intends to oversee and manage the business going forward. The company will report under these segments beginning with its results for the fourth quarter and year ended Dec. 31, 2023.

The company will provide supplemental unaudited information containing 11 quarters (from the first quarter of 2021 through the third quarter of 2023) of historical financial and operational metrics for these five reportable segments in a press release and Form 8-K to be published Jan. 8, 2024. RBI will continue to provide key operational metrics by brand for their respective home markets and consolidated international markets. The supplemental unaudited historical business segment information does not represent a restatement or reissuance of previously issued financial statements and relates entirely to segment presentation with no effect on previously reported consolidated results.

The company will be available to discuss any questions related to the shift in segment reporting following the release through Jan. 19, 2024.

Feb. 15, 2024 -- a conversation with Josh Kobza and Patrick Doyle

The company will host a meeting with chief executive officer Josh Kobza and executive chairman Patrick Doyle on Thursday, Feb. 15, 2024, starting at 1 p.m. Eastern Time. The event will provide investors with the opportunity to hear directly from Mr. Kobza and Mr. Doyle about their views of the business approximately one year into their respective roles. A live webcast of the presentation will be available on the company's investor relations website and a replay will be available for 30 days following the event.

2024 reporting calendar

RBI expects to report earnings on the following dates in 2024:

• Feb. 13, 2024 -- fourth quarter and year ended Dec. 31, 2023;
• April 30, 2024 -- first quarter ended March 31, 2024;
• Aug. 8, 2024 -- second quarter ended June 30, 2024;
• Nov. 5, 2024 -- third quarter ended Sept. 30, 2024.

For each of these earnings calls, the company will provide conference call dial-in information through a separate press release closer to the event.

About Restaurant Brands International Inc.

RBI is one of the world's largest quick-service restaurant companies with over $40-billion in annual systemwide sales and over 30,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick-service restaurant brands -- Tim Hortons, Burger King, Popeyes and Firehouse Subs. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.

We seek Safe Harbor.