Restaurant Brands International — Nov 5, 2024 release

Reports Third Quarter 2024 Results Consolidated system-wide sales grow +3.2% year-over-year Global comparable sales of +0.3%, including +2.7% at TH Canada and +1.8% at INTL Five franchisor segments deliver year-over-year growth in Adjusted Operating Income RBI on track to deliver 8%+ organic Adjusted Operating Income growth for 2024 Toronto, November 5, 2024 - Restaurant Brands International Inc. (“RBI”) (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financial results for the third quarter ended September 30, 2024. Josh Kobza, Chief Executive Officer of RBI commented, "Our results demonstrate the resilience of our business and the dedication of our teams and franchisees. We remain focused on providing great value for guests, improving franchisee profitability, and investing in our brands for the long-term. We have been pleased to see an improvement in consolidated comparable sales in October and remain confident we will achieve our 8% plus Adjusted Operating Income growth target for 2024 and beyond." Third Quarter 2024 Highlights: • Consolidated comparable sales were 0.3% and net restaurants grew 3.8% versus the prior year • System-wide sales increased 3.2% year-over-year • Income from Operations of $577 million versus $582 million in the prior year • Adjusted Operating Income of $652 million increased 6.1% organically (excluding FX and RH) versus the prior year • Diluted EPS of $0.79 was consistent with the prior year • Adjusted Diluted EPS of $0.93 increas