Ms. Kelly Blankstein reports

A&W FOOD SERVICES OF CANADA INC. ANNOUNCES ADOPTION OF ACCESS MODEL AND AVAILABILITY OF FINANCIAL STATEMENTS AND MD&A ON SEDAR+

Starting with the annual financial statements and annual management's discussion and analysis for the fiscal year ending Jan. 3, 2027, A&W Food Services of Canada Inc. will rely on the electronic access model under National Instrument 51-102 (Continuous Disclosure Obligations) to provide electronic access to its annual financial statements, annual MD&A, interim financial reports, and interim MD&A, instead of mailing paper copies.

Electronic access to documents

A&W's annual financial statements and annual MD&A, and its interim financial reports and interim MD&A, will be accessible on its website and electronically on SEDAR+, the official site to access public documents filed by issuers with Canadian securities regulators.

SEDAR+ notifications

SEDAR+ allows investors and market participants to sign up to receive e-mail notifications when a reporting issuer files financial statements and MD&A. If you would like to receive e-mail notifications when A&W files its financial statements and MD&A on SEDAR+, you can sign up at SEDAR+. Notifications include a direct link to the newly filed documents.

Obtaining a copy of the documents

Securityholders who do not hold debt instruments may obtain a paper or electronic copy of A&W's annual financial statements and annual MD&A, or interim financial reports and interim MD&A, free of charge, by contacting investor relations and providing a mailing or e-mail address:

A&W Food Services of Canada Inc.,

Attention: investor relations,

300, 171 West Esplanade,

North Vancouver, B.C., V7M 3K9,

Phone: 604-988-2141,

E-mail: investorrelations@aw.ca.

Standing instructions

If you hold securities of A&W and have previously provided standing instructions to receive those documents electronically or by mail in accordance with securities legislation, those documents will continue to be sent to you based on your standing instructions until you change them.

About A&W Food Services of Canada Inc.

A&W is a publicly traded company and is the second-largest quick-service hamburger restaurant chain in Canada. A&W's shares are listed for trading on the Toronto Stock Exchange under the trading symbol AW.