#1Quality Is Our Recipe, LLC M Third Quarter 2022 Conference Call November 9, 2022#2Quality Is Our Recipe, LLC Front Kelsey Freed Director - Investor Relations#3Forward-Looking Statements and Non-GAAP Financial Measures This presentation, and certain information that management may discuss in connection with this presentation, contains certain statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). For all such forward-looking statements, we claim the protection of the safe harbor for forward-looking statements contained in the Reform Act. Many important factors could affect our future results and could cause those results to differ materially from those expressed in or implied by our forward-looking statements. Such factors include, but are not limited to, those identified under the caption "Forward-Looking Statements" in our release issued on November 9, 2022 and in the "Special Note Regarding Forward- Looking Statements and Projections" and "Risk Factors" sections of our most recent Form 10-K / Form 10-Qs. In addition, this presentation and certain information management may discuss in connection with this presentation reference non-GAAP financial measures (i.e. adjusted revenue, adjusted EBITDA, adjusted earnings per share, free cash flow and system wide sales). These non-GAAP financial measures exclude certain expenses and benefits. Reconciliations of non- GAAP financial measures to the most directly comparable GAAP financial measures are provided in the Appendix to this presentation. THE WENDY'S COMPANY | 3#4(9) n to Agenda Business Update Q3 Financial Results 2022 Outlook IR Calendar Q&A THE WENDY'S COMPANY | 4#5Quality Is Our Recipe, LLC Front Todd Penegor President & Chief Executive Officer#6( Wendy's CEO Business Update Global SRS growth reached double digits on a 2-year basis for 4th consecutive quarter Maintained QSR Burger category dollar & traffic share in the US* US Breakfast sales meaningfully accelerated following French Toast Sticks launch Global digital mix held strong at ~10% Franchisees remain engaged and highly satisfied Committed to driving restaurant economic model and long-term growth initiatives *Source: The NPD Group/CREST®, 3 months ending September 2022 versus year ago THE WENDY'S COMPANY | 6#7Global SRS Momentum Accelerated in Q3 Q3 Global SRS 6.9% 1 Year, 10.2% 2 Year 4th Consecutive Quarter of Double-Digit Sales Growth on 2-year basis Q3 International SRS 10.8% 1 Year, 25.5% 2 Year Q3 US SRS 6.4% 1 Year, 8.5% 2 Year Held QSR Burger Dollar & Traffic Share* *Source: The NPD Group/CREST®, 3 months ending September 2022 versus year ago U₁ BIGGIE BAG CHOOSE JBC, CRISPY CHICKEN BLT, OR- DOUBLE STACK Coca-Cola PRETZEL BACON PUB CHEESEBURGER YOU ASKED AND NOW IT'S BACK GET YOURS TODAY#8Wendy's HOMESTYLE FRENCH TOAST ESTICKS MAKE MORNINGS SWEETER Breakfast Momentum Builds Following Major Menu Innovation Canada Continue to build awareness and drive trial in Canada US Successful French Toast Sticks launch drove meaningful breakfast sales acceleration in the quarter Expect 2 for $3 croissant promotion to build even more momentum Confident in achieving goal of $3,000 average weekly breakfast sales by year-end Global Remain committed to $16M incremental Company advertising investment in 2022 THE WENDY'S COMPANY | 8