Investor Presentaiton

Denny's GROWING EARNINGS PER SHARE* Highly Franchised Business Provides Lower Risk with Additional Upside from Operating Meaningful Base of High Volume Company Restaurants Adjusted Net Income* ($ Millions) $0.60 $0.50 27% $0.55 $50 16% 18% $0.43 $42.3 $40 $0.40 21% $0.37 $0.31 $36.7 $0.30 33% $0.26 $32.9 $30 $0.20 $29.3 $0.20 $25.2 $20 $19.5 $0.10 $10 $0.00 2011 2012 2013 $0 2014 2015 2016 Adjusted Net Income* per Share Adjusted Net Income* Adjusted Net Income per Share* * See Appendix for non-GAAP financial reconciliations of Net Income to Adjusted EBITDA, Adjusted Income Before Taxes, Adjusted Net Income, Adjusted Net Income per Share (also called Earnings per Share), and Free Cash Flow. 20 20

View entire presentation