Investment Thesis Overview

Market Size by Sales MTY has less than 1% market share in North America Commercial Foodservice Sales in Canada (in billions of C$) $ 71.9 2018 3.5% $ 74.4 2019 Source: Restaurants Canada, Foodservice Facts, 2020 GROUPE MTY GROUP Restaurant Industry Sales in the U.S. (in billions of $US) $833 2018 3.6% $863 2019F Source: https://www.nrn.com/sales-trends/us-restaurant-sales-reach- record-863b-2019-nra-says 23

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