Wendy : 2024 Corporate Responsibility Report

WEN

2024

CORPORATE RESPONSIBILITY REPORT

© 2024 Quality Is Our Recipe, LLC

INTRODUCTION FOOD FOOTPRINT PEOPLE APPENDIX

‌Growth means more than opening new Wendy's restaurants. It means keeping our commitment to quality, innovation and doing the right thing for customers, crew and the communities we serve. Reflecting on the past year, I am more optimistic than ever about the potential of the business we're building and the future we are helping shape.

Good Done Right, our corporate responsibility strategy, is integral to how we do business. By embedding the strategy into daily operations, we enhance efficiency, strengthen our restaurants, and empower the teams that serve our customers every day. As we continue to build more restaurants around the globe, we are thoughtfully fueling employee and franchisee growth while scaling practices that support food safety, responsible sourcing and environmental impact.

Continued progress

In 2024, we continued to integrate Good Done Right into the fabric of The Wendy's Company, advancing work across our Food, Footprint and People pillars to strengthen our future.

In Food, we completed more than 13,000 Food Safety Assessments (FSAs) across Wendy's restaurants worldwide to reinforce food-safe behaviors in 2024. Through the Wendy's Animal Care Standards Program, we met our goal to have a comprehensive accounting of animal welfare best practices across our beef, pork, chicken, eggs and dairy supply chains in the U.S. and Canada. This work also expanded our view of our protein supply chain and helped us build relationships beyond our direct suppliers.

In the U.S. and Canada, we are making progress to reduce our environmental Footprint by successfully transitioning to fry cartons and chili cups made from certified fiber. The work advanced our goal to sustainably source 100% of packaging across these regions by 2026. This achievement also helped support our commitment to no deforestation across our most at-risk primary commodities by 2025.

We continued to invest in our People with employee development, including an updated onboarding program and more hands-on trainings for our Company employees. Our Community Giving Program continues to help to support communities around the globe where we live and work. Further, restaurant teams across the U.S. raised a record $10.6 million through the annual Boo! Books program in support of the Dave Thomas Foundation for Adoption's mission to help children in foster care find safe, permanent homes.

Our Promise

This year, we created a new Wendy's Promise, "Fresh, Famous Food, Made Right For You" to continue building a strong future for the Wendy's brand. Good Done Right is foundational to that promise, as the System goes all-in on operational excellence and living our values of doing the right thing in the right way to guide us as we grow.

Our work is never done, and it is never done alone. Delivering on our commitments and evolving to reach our potential is only possible through purposeful collaboration with our employees, customers, franchisees, suppliers, business partners and the communities we serve.

Thank you for your support. I look forward to the journey ahead.

Kirk Tanner, President and CEO

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INTRODUCTION FOOD FOOTPRINT PEOPLE APPENDIX

1960s 1970s 1990s

2000s

2010s

Committed to no deforestation across our primary commodities most at risk of deforestation by 2025.

Transitioned from plastic-lined paper drink cups with limited recyclability to clear plastic cups that customers can recycle in select municipalities.

Launched enhanced Food Safety Assessments (FSA) program in partnership with EcoSure® to help Wendy's restaurant operators around the globe build food-safe behaviors and adhere to best-in class food safety and operational procedures.

Achieved goal to transition Wendy's pork supply chain in the U.S. and Canada away from sow gestation stalls to open-pen housing for confirmed pregnant sows.

Set near-term science-based emissions reductions targets, which were validated by the Science Based Targets initiative.

Celebrated the DTFA's 15,000th adoption.

Introduced Wendy's Animal Care Standards Program built on traceability and rewarding progressive farm practices.

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Opened the first Wendy's restaurant in Columbus, Ohio, serving fresh beef.

Introduced our salad bar, highlighting our commitment to fresh, quality ingredients.

Founder Dave Thomas, who was adopted as a child, established the Dave Thomas Foundation for Adoption (DTFA).®

Implemented the Wendy's Animal Welfare Program with expanded audits and expert Animal Welfare Council.

DTFA established its signature program, Wendy's Wonderful Kids.®

Developed Wendy's Supplier Code of Conduct to carry our values throughout the supply chain.

Joined the U.S. Department of Energy's Better Buildings® Challenge, among the first in the restaurant industry to do so.

Eliminated medically important antibiotics from our U.S. chicken supply.

Advanced commitment to fresh ingredients by transitioning to greenhouse-grown tomatoes for all North American restaurants.

2020s

Our Good Done Right pillars

Food

Footprint

People

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BUSINESS SNAPSHOT

FISCAL YEAR 2024

32

COUNTRIES & U.S. TERRITORIES

$14.5B

In Systemwide sales

$2.2B

In revenue

1.5%

Global same-restaurant sales growth

~17.6%

Global digital sales mix

7,240

Restaurants across the globe

394

Company-operated restaurants

6,846

Franchise-operated restaurants

~14,500

Company employees

5

Disclaimer

The Wendy's Company published this content on April 29, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 29, 2025 at 16:56 UTC.