Restaurant Brands New Zealand Limited/Announcement

Close of Takeover Offer, Compulsory Acquisition & Delisting

M&A26 November 2025RBDConsumer Discretionary

Restaurant Brands New Zealand Limited
Level 3, Building 7, Central Park
666 Great South Road, Penrose, Auckland, New Zealand
P O Box 22 749, Otahuhu, Auckland 1640, New Zealand
Telephone: +64 9 525 8700
www.restaurantbrands.co.nz

RESTAURANT BRANDS NEW ZEALAND LIMITED

26 November 2025
NZX/ASX

CLOSE OF TAKEOVER OFFER, COMPULSORY ACQUISITION AND DELISTING

Restaurant Brands New Zealand Limited (NZX, ASX: RBD) announces that Finaccess Restauración, S.L.’s
full takeover offer has now closed. Finaccess received acceptances under the offer that, together with its
pre-offer shareholding, represent ~98% of the shares in Restaurant Brands.

Timetable for payment
Finaccess must acquire and pay for shares for which it has received acceptances under the offer within five
working days after receipt of the acceptance. Accordingly, Finaccess must pay shareholders who accepted
the offer on the last day of the offer period (25 November 2025) by no later than 2 December 2025.

Compulsory acquisition
Finaccess has today provided a formal “acquisition notice”, which commences the Takeovers Code
compulsory acquisition process for the outstanding Restaurant Brands shares. The compulsory acquisition
price is the same as the offer price, being NZ$5.05 per share. Under the Takeovers Code, outstanding
shareholders who did not accept Finaccess’ offer cannot object to this price or require that the price be
determined by an independent expert.

If you are an outstanding shareholder, you now have until 17 December 2025 to voluntarily transfer your
shares to Finaccess, by signing and returning the transfer form that accompanies the acquisition notice. If
you do so, Finaccess must pay you the compulsory acquisition price for your shares within five working
days after receiving that transfer. Accordingly, Restaurant Brands’ Committee of Independent
Directors recommends that all outstanding shareholders should sign and return the share transfer
form as soon as possible, to ensure prompt payment.

If you do not voluntarily transfer your shares to Finaccess by 17 December 2025, then Finaccess must,
under the Takeovers Code, compulsorily acquire your shares by 24 December 2025. If your shares are
compulsorily acquired in this manner, Finaccess must pay the compulsory acquisition price for your shares
to Restaurant Brands, which will hold that payment on trust for you in an interest-bearing trust account with
a New Zealand registered bank until it is claimed by you. In practice, Restaurant Brands intends to engage
its share registrar, Computershare Investor Services, to operate the trust account and process claims on
behalf of Restaurant Brands. If your shares are compulsorily acquired by Finaccess, you can contact
Computershare to claim the price for your shares (and any accrued interest, less any applicable taxes) by
phone on: 0800 991 101 (+64 9 488 8794) or by email at: tkoacceptances@computershare.co.nz.

Suspension of trading and delisting
Given the compulsory acquisition process has begun, NZ RegCo has advised Restaurant Brands that it will
suspend trading in Restaurant Brands shares and, at Restaurant Brands’ request, will then cancel the
quotation of those shares and delist the company (subject to Restaurant Brands satisfying final delisting
conditions).
1
ASX has informed Restaurant Brands that it will follow the NZX timetable (set out below) for
the suspension of trading, cessation of quotation on, and delisting from, ASX.

There will be no further trading in Restaurant Brands shares through NZX or ASX after trading is
suspended, and any on-market trades before the suspension takes effect will be settled on the usual T+2
basis.

1
Those conditions are the payment of all NZX and NZ RegCo fees and releasing this announcement.

SPH Notice - Finaccess Restauración, S.L. (Finaccess)SPH Notice - Finaccess Restauración, S.L. (Finaccess)

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.