RBI to repurchase 2.78M Class B exchangeable units for cash on Aug 31, 2026

Restaurant Brands International Inc.

3G affiliate RBH exchanged 2,784,549 Class B exchangeable units of RBI LP; irrevocable notice.
RBI LP will satisfy with cash on hand; units cancelled, reducing fully diluted shares.
Repurchase priced at 20-day VWAP of QSR shares on NYSE in USD per LP agreement.
Post-exchange, RBH holds approximately 21% of RBI fully diluted common shares.
Exchange date scheduled for August 31, 2026.

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