Second Quarter 2017 Conference Call

Transforming Our Franchise System Through Buy & Flips -475 13 294* Q2 2016 Q2 2017 *Includes DavCo-NPC Transaction CLEAN & WELL MAINTAINED UP TO DATE EASY & CONVENIENT UPBEAT & COMFORTABLE A PLACE I LOVE TO GO FRIENDLY ACCURATE FAST WENDY'S CREATES JOY & OPPORTUNITY THROUGH FOOD, FAMILY & COMMUNITY AN EXPERIENCE THAT BRINGS ME BACK 144 YTD 126 Quality Is Our Recipe, LLC 2016 YTD 410 2017E THE WENDY'S RESTAURANTS QUALITY IS OUR RESUL SERVICE WAY FOOD Delight every customer. VALUE WENDY'S KIND OF PEOPLE FRESH HONEST INGREDIENTS CRAVEABLE TASTE MADE RIGHT FOOD 1 LOVE COMPETITIVE PRICE WENDY'S QUALITY GREAT EXPERIENCE WORTH WHAT I PAY QUALITY IS OUR RECIPE TREAT PEOPLE WITH RESPECT DO THE RIGHT THING PROFIT MEANS GROWTH GIVE SOMETHING BACK 8/9/2017 THE WENDY'S COMPANY | 12 6

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