Investor Presentation

October 29, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeeboy Towers Exchange Plaza, 5th Floor, Plot no. C/1, Dalal Street, Fort, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 543248 SYMBOL: RBA Sub.: Investor Presentation on Unaudited Standalone and Consolidated Financial Results of Restaurant Brands Asia Limited (‘the Company’) Ref.: Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Dear Sir/Ma’am, Please find enclosed herewith the Investor Presentation on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. The copy of the Investor Presentation is also being uploaded on the Company’s website at www.rbrandsasia.com Kindly take the same on record. Thanking You, For Restaurant Brands Asia Limited Shweta Mayekar Company Secretary and Compliance Officer (Membership No.: A23786) Encl.: As above restaurant brands asia limited (Formerly known as Burger King India Limited) Registered Office : 2nd Floor, ABR Emerald, Plot No. D-8, Street No. 16, MIDC, Andheri (East), Mumbai – 400 093 CIN : L55204MH2013FLC249986 | info@burgerking.in | Tel : 022-7193 3000 | Corporate Website : www.rbrandsasia.com Restaurant Brands Asia Limited Q2 FY27 Investor Presentation October 29, 2026 Disclaimer Certain statements made in this presentation relating to the Company’s objectives, projections, outlook, expectations, estimates, among others may constitute ‘forward-looking statements’ within the meaning of applicable laws and regulations. Actual results may differ from such expectations, projections etc., whether express or implied. These forward-looking statements are based on various assumptions, expectations and other factors which are not limited to, risk and uncertainties regarding fluctuations in earnings, competitive intensity, pricing environment in the market, economic conditions affecting demand and supply, change in input costs, ability to maintain and manage key customer relationships and supply chain sources, new or changed priorities of trade, significant changes in political stability in India and globally, government regulations and taxation, climatic conditions, natural calamity, commodity price fluctuations, currency rate fluctuations, litigation among others over which the Company does not have any direct control. These factors may affect our ability to successfully implement our business strategy. The company cannot, therefore, guarantee that the ‘forward-looking’ statements made herein shall be realized. The Company, may alter, amend, modify or make necessary corrective changes in any manner to any such forward looking statement contained herein or make written or oral forward-looking statements as may be required from time to time on the basis of subsequent developments and events. Investor Presentation -Q2 FY27 BUSINESS PERFORMANCE UPDATE Portfolio Mix - Revenue Split & Restaurant Count Revenue Mix (Q2 FY27) Burger King (India) Burger King (Indonesia) Popeyes (Indonesia) India Indonesia 607 144 137 25 Restaurants Cities Restaurants Restaurants Q2 FY27 Consolidated Highlights Q1 FY27 Store Count# Consolidated Revenue (INR Mn) +75 +20% 769 8,448 7,034 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Consolidated Restaurant EBITDA* (INR Mn) Consolidated Co. EBITDA* (INR Mn) +73% +281% 918 432 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 *EBITDA is Pre-INDAS116; #as at period end 5 STRATEGIC PILLARS India Value Innovation Families Digital Profitability Value led offerings for Flavour Innovations to Adding a New Drive customer Supply chain efficiencies customer acquisition build Premium Menu Customer Segment engagement through & improve operating in-store digital assets margins 14 continuous quarters Incremental Guest Launching Kids Meal App Frequency up by Rollout of new broilers & of positive Dine-in Occasions, Build APC Platform to drive 7% YoY in Q2 FY27 energy efficient Traffic Growth incremental equipment offset revenues inflation Build 80-100 stores annually through cluster led strategy Indonesia Value Innovation Digital Profitability Asset Upgrade National Rollout of Expanded Boss LTO SOKs across all Margin improvement Investments in HVAC, Super Hemat (Value platform restaurants lighting, broilers & deals) in Q3 kitchen equipment Growth in Dine-in Lead with Taste, Improvements in Improving delivery Elevate guest Quality & Variety user journey margin, utility cost experience efficiencies and procurement optimization FINANCIAL PERFORMANCE Burger King India – Q2 FY27 Highlights 607 14.0% INR 7,056 Mn Store Count# SSSG Revenue from Operations +74 YoY INR 131K ADS +24.1% YoY 70.4% INR 910 Mn INR 551 Mn Gross Margin Restaurant EBITDA* Co EBITDA* +2.1% YoY +53.7% YoY +94.1% YoY #Store Count as at period end; *EBITDA is Pre-IND AS 116 10 Burger King India – Q2 FY27 Store Count ADS (INR '000) Revenue (INR Mn) SSSG: Delivery Mix: 590 2.8% 4.5% 6.3% 12.6% 14.0% 44% 44% 44% 44% 46% 577 581 131 131 7,056 6,829 111 5,687 5,773 5,735 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Gross Profit % Rest. EBITDA* (INR Mn) Co. EBITDA* (INR Mn) 70.8% 13.0% 13.2% 13.2% 7.7% 7.8% 70.2% 70.4% 12.9% 7.0% 7.1% 69.9% 10.4% 900 910 527 551 68.3% 749 759 406 409 5.0% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 *EBITDA is Pre-IND AS116 and excludes impact of new labor code in Q3 FY26 11 Burger King India – 5 Years Journey Store Count ADS (INR ‘000) Revenue (INR Mn) SSSG: Delivery Mix 581 46.5% 23.1% 2.9% 1.1% 4.0% 13.3% 53% 42% 43% 43% 43% 45% 513 22,717 19,678 455 17,601 118 117 116 114 14,397 13,885 9,437 315 100 FY22 FY23 FY24 FY25 FY26 H1 FY27 FY22 FY23 FY24 FY25 FY26 H1 FY27 FY22 FY23 FY24 FY25 FY26 H1 FY27 Gross Profit % Rest. EBITDA* (INR Mn) Co. EBITDA* (INR Mn) 13.0% 7.8% 70.6% 11.6% 5.8% 5.1% 10.5% 4.3% 9.7% 2.5% 69.0% 8.3% 2,636 1,324 -1.4% 67.7% 2,068 1,077 67.0% 5.2% 1,706 1,810 994 66.4% 753 1,191 65.8% -135 FY22 FY23 FY24 FY25 FY26 H1 FY27 FY22 FY23 FY24 FY25 FY26 H1 FY27 FY22 FY23 FY24 FY25 FY26 H1 FY27 *EBITDA is Pre-IND AS 116 and excludes impact of new labor code in FY26 12 Indonesia (Consolidated) - Q2 FY27 Highlights 162 96K INR 1,393 Mn Store Count# ADS Revenue from Operations +1 YoY +3.3% YoY 57.1% INR 8 Mn INR (119) Mn Gross Margin Restaurant EBITDA* Co EBITDA* + 0.2% YoY + INR 71 Mn YoY + INR 51 Mn YoY *EBITDA is Pre-IND AS 116 ; #Store Count as at period end 13 Burger King Indonesia Quarterly ADS (INR '000)# Revenue (INR Mn) Rest. EBITDA* (INR Mn) Margin % 1,240 1,245 1,223 102 101 1,212 -1.5% -1.9% 4.4% 5.2% 3.5% 97 96 1,165 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 ADS (INR '000)# Yearly Revenue (INR Mn) Rest. EBITDA* (INR Mn) Margin % 99 100 5,991 -0.5% -1.0% 0.9% 4.3% 5,209 4,953 108 2,485 FY24 FY25 FY26 H1 FY27 FY24 FY25 FY26 H1 FY27 FY24 FY25 FY26 H1 FY27 *EBITDA is Pre-IND AS116; #ADS converted at Constant Currency rate [Exchange Rate (INR to IDR): Q2 FY27: 186] 14 Popeyes Indonesia Quarterly ADS (INR '000)# Revenue (INR Mn) Rest. EBITDA* (INR Mn) 71 162 Margin % 70 159 69 157 -30.9% -20.3% -14.9% -19.9% -24.3% 63 148 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Yearly ADS (INR '000)# Revenue (INR Mn) Rest. EBITDA* (INR Mn) Margin % 136 779 748 4.5% -11% -21.3% -22% 69 66 -134 FY24 FY25 FY26 H1 FY27 FY24 FY25 FY26 H1 FY27 FY24 FY25 FY26 H1 FY27 *EBITDA is Pre-IND AS116; #ADS converted at Constant Currency rate [Exchange Rate (INR to IDR): Q2 FY27: 186] 15 MARKETING INITIATIVES - INDIA Sustained Focus on Strengthening Value Leadership 2 for 79/9 [Showing first 8,000 characters — download PDF for full document]