Senior Leadership Team

• Russel Creedy – CEO• Grant Ellis – CFO• Jennifer Blight – HR Manager• Viv Rosenberg – Marketing Manager KFC• Brent Kitto – KFC Ops Manager• Allan Simons – Pizza Hut Ops Manager• Chris Buddle – Starbucks General Manger

KFC accounts for 68% of Sales

KFC 68%

Pizza Hut 21%

Starbucks 11%

KFC sales exceed $211million

KFC accounts for 87% of EBITDA

Pizza Hut 6%Starbucks 7%

KFC 87%

KFC EBITDA growth to $38million

Restaurant Brands – EBITDA

KFC$38.0 m

KFC $35.9 m

PH $2.8 m PH $4.4 m SB $2.9 m SB $3.9 m

0

10

20

30

40

50

2007/08 2008/09

$m

first quarter sales 2009/10

KFC$50.0 m

KFC$47.0 m

Pizza Hut$15.5 mPizza Hut

$15.2 m

Starbucks$7.3 mStarbucks$7.7 m

0

10

20

30

40

50

60

70

80

Q1 2008/9 Q1 2009/10

Mill

ions

KFC – quarterly same store sales

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Q1 2005

/6 Q2 Q3 Q4Q1 2

006/7 Q2 Q3 Q4

Q1 2007

/8 Q2 Q3 Q4Q1 2

008/9 Q2 Q3 Q4

Q1 2009

/10

KFC first quarter 2009/10

• Sales record $50million• Total Sales increased by 6.5%• Same Store Sales increased by 8.3%

• Closer marketing alignment with international group

• Successful promotions

Pizza Hut Quarterly same store sales

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

Q1 2005

/6 Q2 Q3 Q4Q1 2

006/7 Q2 Q3 Q4

Q1 2007

/8 Q2 Q3 Q4Q1 2

008/9 Q2 Q3 Q4

Q1 2009

/10

Pizza Hut first quarter 2009/10

• Total Sales increased by 2.4%

• Same Store Sales increased by 5.2%

• Change to reflect the needs of the market

• Innovative products and promotions– Pasta range– Hot-2-You guarantee

Starbucks same store sales

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

Q1 2005

/6 Q2 Q3 Q4Q1 2

006/7 Q2 Q3 Q4

Q1 2007

/8 Q2 Q3 Q4Q1 2

008/9 Q2 Q3 Q4

Q1 2009

/10

Starbucks first quarter 2009/10

• Same Store Sales decline 2.3%

• Total Sales decline 5.5% with 2 stores closed

• Softening in demand across beverages and food lines

• Review pricing and product mix

• Stores numbers unchanged at 42

Transforming stores

• 50% transformed

• Planning new stores

Innovative product

innovative snacking

grilled chicken option added

option to sell great assets

productivity gains

• General & Admin costs down 3.6%

• Flat organisational structure

• Focus on internal efficiencies

• Nearly 4,500 partners

• Training key to success

• Recognised qualifications

• Safety training programme

• 49% reduction in lost time injuries

The people

the environment

• Initiatives to lessen impact on environment

• Carbon footprint monitoring

• Move to hybrid cars• Waste recycling processes

• Reduction in water usage

the 12th ingredient

the place

the products

the customer