Investor Presentaiton

Denny's EXPANDING GLOBAL FOOTPRINT Growth Initiatives Enabled More Than 450 New Restaurant Openings Since 2009 with 90% Opened by Franchisees 140 136 107 100 60 2017 Annual Unit Growth Guidance* New Restaurant Openings: 45 - 50 Net Restaurant Growth: 10 - 20 61 50 27 46 45 40 40 23 38 20 12 20 10 8 3 2 (20) 2009 2010 2011 2012 2013 2014 2015 2016 New Restaurant Openings Net Restaurant Growth** * Full Year Guidance provided in Fourth Quarter 2016 Earnings Release dated February 15, 2017. ** Excludes acquisitions, refranchisings, and relocations. Includes total of 123 Flying J Travel Center conversion openings with 100 opened in 2010 and 23 opened in 2011. 14

View entire presentation