Notice Pursuant To Rule 49A Of The Takeovers Code

8 March 2019 Restaurant Brands New Zealand Limited Level 3, Building 7 Central Park 666 Great South Road Penrose, Auckland 105 New Zealand cc: The Takeovers Panel Level 3, Solnet House 70 The Terrace Wellington 6011 By email: takeovers.panel@takeovers.govt.nz cc NZX Limited Level 1, NZX Centre 11 Cable Street Wellington 6011 PO Box 2959 By email: announce@nzx.com cc ASX Limited 20 Bridge Street NSW 2000 Sydney Australia By fax Rule 49A - Notice of increase in acceptances of takeover offer Pursuant to Rule 49A of the Takeovers Code, Global Valar, S.L. (Global Valar) gives notice that, as at 7 March 2019, the total number of acceptances of its partial takeover offer dated 6 December 2018 (the Offer) for 75% of the fully paid ordinary shares (Shares) in Restaurant Brands New Zealand Limited, has increased by more than 1% of the total Shares. As at 7 March 2019, the total number of acceptances of the Offer is now 50,751,527 Shares comprising 40.68% (rounded to two decimal places) of the Shares. Yours faithfully Global Valar, S.L. End CA:00331667 For:RBD Type:TRANSACT Time:2019-03-08 09:16:48