Restaurant Brands Asia Limited announced that the Board of Directors at its meeting held on October 9, 2023, considered and approved availing of secured term loan facility (fund based and non-fund based - fully fungible) by the Company from Axis Bank Limited, India (`Facility') as provided below: Facility Term Loan Facility (fund based), Secured Bank Letter of Credit Facility (non-fund based): Amount INR 1.50 billion (equivalent to USD 18.07 Million) - fund based and non-fund based, fully fungible. Name(s) of parties with whom the agreement is entered: The Agreement is yet to be executed by the Company with Axis Bank Limited. In case of loan agreements: Details of lender/borrower: Lender: Axis Bank Limited, India Borrower: Restaurant Brands Asia Limited.

Date of execution of the sanction letter: October 7, 2023. Details of the security provided to the lenders /by the borrowers for suchloan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis: Primary: First Pari-passu security interest on the entire assets, both movables and immovable of the Borrower i.e. the Company, present and future; First Pari-passu security interest on the entire current assets including receivables of the project/Borrower i.e. the Company, present and future; Any additional collateral security other than those mentioned herein above offered by borrower i.e. the Company to other lenders (in case of pari-passu charge) shall also be available to the Bank. Name of party for which such guarantees or indemnity or surety will be given: PT Sari Burger Indonesia, subsidiary of the Company (`BK Indonesia').

Brief details of such guarantee or indemnity or becoming a surety viz. brief details of agreement entered (if any) including significant terms and conditions, including amount of guarantee: The Company will be providing security for issuance of Secured Bank Letter of Credit (`SBLC') by Axis Bank India in favour of the lender for giving the term loan facility to be availed by BK Indonesia (Indirect Guarantee). The agreement for the aforesaid facility is yet to be executed by the Company.

Impact of such guarantees or indemnity or surety on listed entity: The Company will be providing security for issuance of SBLC by Axis Bank India in favour of the lender for giving the term loan facility to be availed by BK Indonesia (Indirect Guarantee).