Outcome of Board Meeting

July 7, 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.: Outcome of the meeting of the Board of Directors of Restaurant Brands Asia Limited (“Company”) Ref.: 1. Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) 2. SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“Master Circular”) Dear Sir/Madam, 1. We refer to our letter to the stock exchanges dated January 20, 2026 intimating of the execution of the Securities Subscription Agreement (“SSA”) amongst the Company and Lenexis Foodworks Private Limited (“Acquirer 1”), Aayush Agrawal Trust (“Acquirer 2”), Inspira Foodworks Private Limited (formerly Inspira Realty 1 Private Limited) (“Acquirer 3”) and Mr. Aayush Madhusudan Agrawal (“Acquirer 4”) (collectively with Acquirer 1, Acquirer 2 and Acquirer 3, the “Acquirers”) and Share Purchase Agreement (“SPA”) amongst QSR Asia Pte. Ltd. (“Seller 1”), F&B Asia Ventures (Singapore) Pte. Ltd. (“Seller 2”) (collectively with Seller 1, the “Sellers”), the Acquirers and Inspira Agro Trading LLC (“IATL”). 2. Pursuant to the meeting of the Fund Raising Committee of the Board of Directors of the Company held on June 2, 2026, Acquirer 1 has been allotted 12,85,71,128 (twelve crore eighty-five lakh seventy-one thousand one hundred and twenty-eight) equity shares of the Company, each of face value of INR 10 (“Equity Shares”) and 8,57,14,285 (eight crore fifty-seven lakh fourteen thousand two hundred and eighty-five) warrants of the Company; Acquirer 2 has been allotted 100 (one hundred) Equity Shares of the Company; Acquirer 3 has been allotted 100 (one hundred) Equity Shares of the Company; and Acquirer 4 has been allotted 100 (one hundred) Equity Shares of the Company, by way of a preferential issue on a private placement basis, as intimated to the stock exchanges vide our letter dated June 2, 2026. 3. Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, we hereby inform you that the Board of Directors of the Company (“Board”) at its meeting held today, i.e. July 7, 2026, has inter alia passed the following resolutions: A. Noting acquisition of equity shares by Acquirers and Change in Promoter/ Promoter Group The Board noted and took on record that the transfer of 6,56,23,090 (six crore fifty six lakh twenty three thousand and ninety) equity shares of the Company held by Seller 1 and 1 (one) equity share held by Seller 2 (as a nominee on behalf of Seller 1) to the Acquirers was completed on July 7, 2026 (the “Closing Date”) as follows: i. 6,56,22,791 (six crore fifty-six lakhs twenty-two thousand seven hundred and ninety-one) Equity Shares to Acquirer 1; ii. 100 (one hundred) Equity Shares to Acquirer 2; iii. 100 (one hundred) Equity Shares to Acquirer 3; and iv. 100 (one hundred) Equity Shares to Acquirer 4. 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 | Email : info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in The Board also noted and took on record that on and from the Closing Date, the Acquirers and IATL have acquired control over the Company and shall be categorized as the ‘promoters’ of the Company; and the Sellers have ceased to be classified as the promoter and member of promoter group of the Company and stand re-classified to the ‘public’ category in accordance with the terms of the SPA, SSA and Regulation 31A of the SEBI Listing Regulations. B. Resignations of Non-Executive Non-Independent Directors of the Company The Board noted and accepted the resignations of Mr. Amit Manocha (DIN: 01864156), Ms. Roshini Bakshi (DIN: 01832163) and Mr. Ajay Kaul (DIN: 00062135) as Non-Executive Non- Independent Directors of the Company, with effect from the closure of the Board meeting. The requisite disclosures pursuant to Part A of Paragraph A of Schedule III of the SEBI Listing Regulations and in terms of the Master Circular, as amended, are enclosed herewith as Annexure C. Appointment of Non-Executive Non-Independent Directors on the Board of the Company The Board, based on the recommendation of the Nomination and Remuneration Committee of the Company, approved the appointment of Mr. Madhusudan Bhagwandas Agrawal (DIN: 00073872) and Mr. Aayush Madhusudan Agrawal (DIN: 03129764), each as Additional Non- Executive Non-Independent Directors on the Board, nominated by the Acquirers and IATL, with effect from the closure of the Board meeting, subject to the approval of the members of the Company. The requisite disclosures pursuant to Part A of Paragraph A of Schedule III of the SEBI Listing Regulations and in terms of the Master Circular, as amended, are enclosed herewith as Annexure D. Change in the Chairman of the Board The Board approved appointment of Mr. Madhusudan Bhagwandas Agrawal (DIN: 00073872), Additional Non-Executive Non-Independent Director, as the Chairman of the Board with effect from the closure of the Board meeting. Consequently, Mrs. Tara Subramaniam (DIN: 07654007), Non-Executive Independent Director, has stepped down as the Chairperson of the Board with effect from the closure of the Board meeting. She shall continue to be a member of the Board. Please note that the Board meeting commenced at 8:46 P.M. and concluded at 9:05 P.M. The above information will also be made available on the website of the Company i.e. www.burgerking.in. Request you to kindly take the above intimation on record. Thanking You, Yours faithfully, 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 | Email : info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in ANNEXURE A Disclosures as required under Regulation 30 of the SEBI Listing Regulations Resignation of Directors S. Particulars Mr. Amit Manocha Ms. Roshini Bakshi Mr. Ajay Kaul 1. Re ason for change viz. Resignation from Resignation from Resignation from appointment, re the position of Non- the position of Non- the position of Non- appointment, resignation, Executive Non- Executive Non- Executive Non- removal, death or Independent Independent Independent otherwise; Director pursuant to Director pursuant to Director for the terms of the SPA the terms of the SPA personal reasons and SSA and SSA 2. D ate of appointment / re July 7, 2026 July 7, 2026 July 7, 2026 appointment / cessation (as applicable) & term of appointment/re- appointment 3. Br ief profile (in case of Not applicable Not applicable Not applicable appointment) 4. D isclosure of relationships Not applicable Not applicable Not applicable between directors (in case of appointment of a director) 5. D isclosure in terms of Enclosed as Enclosed as Enclosed as Regulation 30 read with Annexure C Annexure C Annexure C Clause 7C of Part A of Schedule III of SEBI Listing Regulations 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 | Email : info@burgerking.in | Tel : 022-7193 3000 | Website : www.burgerking.in ANNEXURE B Disclosures as required under Regulation 30 of the SEBI Listing Regulations Appointment of Directors S. Particulars Mr. Madhusudan Bhagwandas Mr. Aayush Madhusudan No. Agr [Showing first 8,000 characters — download PDF for full document]