Wendy's Business & Finance Update

Building our Breakfast Business Weekly sales continue to grow; ~8% of total U.S. sales in Q2 ■ Company to invest up to $15M in incremental advertising in 2020 Plan to market breakfast in a big way in the back half Franchise system fully supportive ▪ Awareness levels remain strong; significant upside remains NOW SERVING BREAK FAST Breakfast BACONATOR AT PARTICIPATING RESTAURANTS THE WENDY'S COMPANY | 10

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