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Investor Presentaiton

$ Ms $ Bs MISCELLANEOUS FINANCIAL DATA YEARS 2011 THROUGH 2016 Total System Sales Company AUVs Franchise AUVs $2.9 $2.35 $1.60 $2.2 $2.3 $2.8 $2.8 $2.7 $2.20 $1.55 $2.7 $2.1 $2.0 $1.50 $1.5 $1.6 $1.5 $2.05 $2.6 $2.6 $ Ms $1.9 $1.90 $1.8 $ Ms $1.45 $1.4 $1.4 $2.5 $1.40 $2.5 $1.4 $2.5 $1.75 $1.35 $2.4 $2.4 $1.60 $1.30 $2.3 $1.45 $1.25 2011 2012 2013 2014 2015 2016 2011 2012 2013 2014 2015 2016 2011 2012 2013 2014 2015 2016 Adjusted EBITDA Company Margin Franchise Margin $99.4 $100.0 21% $70.0 19% $105.0 72% $65.2 $98.8 $95.0 20% $65.0 18% $100.0 71% $94.9 $88.7 $58.7 $92.9 70.8% 70% $90.0 19.6% 19% $60.0 417.8% 17% $95.0 S $53.8 69% $85.0 $81.8 $82.5 18% Σ $55.0 $51.5 16.6% 16% $90.0 $88.0 $88.2 69 18.1% 68.6% 68% $80.0 $77.9 $76.9 17% $50.0 15% $85.0 17.5% $44.8 $45.9 $82.6 67% 67.5% $75.0 16.6% 16% $45.0 14.6% 14% $80.0 66% 16.0% $70.0 15% $40.0 13.6% 13.7% 13% $75.0 65.7% 65% 15.2% 65.3% 13.1% 65.0% $65.0 14% $35.0 12% $70.0 64% 2011 2012 2013 2014 2015 2016 Adjusted EBITDA $ Adjusted EBITDA % 2011 2012 2013 2014 2015 2016 Company Margin $ Company Margin % 2011 2012 2013 Franchise Margin $ 2014 2015 2016 Franchise Margin % 30 30 Denny's
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