RBI Recommends Shareholders Reject NYSB's "Mini-tender Offer"

MIAMI, Oct. 15, 2025 /PRNewswire/ - Restaurant Brands International Inc. (NYSE: QSR) (TSX: QSR) ("RBI") has been notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC ("NYSB") to purchase up to 10,000 RBI common shares, or approximately 0.002% of the company's outstanding common shares, at a price of US$28.80 per share.  NYSB's offer price of US$28.80 represents a discount of 54.89% to the NYSE closing price of US$63.85for RBI common shares on September 16, 2025, the last trading day before the mini-tender offer was commenced. RBI cautions shareholders that the mini-tender offer has been made at a price significantly below the market price for RBI shares.