QSR

SEC source: 0001618756-24-000064 · wk-form4_1712621318.xml · derivative · entry 7

KLEIN JEFFREY W · CIK 0002016193 · President, Popeyes-US & Canada

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,308.4505

Underlying: Common Shares · 167.4505 shares

Expires 2027-03-15

F9 · derivative.exercise_price: The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance period.

F6 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000064 · wk-form4_1712621318.xml · derivative · entry 6

KLEIN JEFFREY W · CIK 0002016193 · President, Popeyes-US & Canada

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,972.5578

Underlying: Common Shares · 74.8555 shares

Expires 2026-02-22

F8 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F6 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000064 · wk-form4_1712621318.xml · derivative · entry 5

KLEIN JEFFREY W · CIK 0002016193 · President, Popeyes-US & Canada

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,871.5666

Underlying: Common Shares · 36.5666 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F7 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

F7 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

SEC source: 0001618756-24-000064 · wk-form4_1712621318.xml · derivative · entry 4

KLEIN JEFFREY W · CIK 0002016193 · President, Popeyes-US & Canada

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,694.1452

Underlying: Common Shares · 80.2718 shares

Expires 2025-02-25

F5 · derivative.exercise_price: The shares reported represent an award of performance base share units (the "2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning on January 1, 2022 and ending December 31, 2024 and to the extent earned will vest on February 25, 2025. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F6 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000064 · wk-form4_1712621318.xml · derivative · entry 3

KLEIN JEFFREY W · CIK 0002016193 · President, Popeyes-US & Canada

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,355.4113

Underlying: Common Shares · 17.68 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F4 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

F4 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

SEC source: 0001618756-24-000064 · wk-form4_1712621318.xml · derivative · entry 2

KLEIN JEFFREY W · CIK 0002016193 · President, Popeyes-US & Canada

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,564.3586

Underlying: Common Shares · 26.7546 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F3 · derivative.exercise_date: These restricted share units vest on December 31, 2024.

F3 · derivative.expiration_date: These restricted share units vest on December 31, 2024.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 16

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,791.1103

Underlying: Common Shares · 216.1103 shares

Expires 2027-03-15

F14 · derivative.exercise_price: The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance period.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 15

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,410.8759

Underlying: Common Shares · 138.1947 shares

Expires 2026-02-22

F13 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 14

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,698.7758

Underlying: Common Shares · 42.7758 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F12 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

F12 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 13

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,309.1537

Underlying: Common Shares · 159.9496 shares

Expires 2025-02-25

F11 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2021 and ending on December 31, 2024 and to the extent earned will vest on February 25, 2025, which has been selected as the vesting date of the grant. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 12

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,167.1029

Underlying: Common Shares · 46.2911 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F10 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

F10 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 11

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,530.2072

Underlying: Common Shares · 26.4982 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F9 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2022, December 15, 2023, December 15, 2024 and December 15, 2025.

F9 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2022, December 15, 2023, December 15, 2024 and December 15, 2025.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 10

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,581.4918

Underlying: Common Shares · 41.8955 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F8 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

F8 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 9

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,730.2876

Underlying: Common Shares · 65.5308 shares

Expires 2025-02-21

F6 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 8

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 781.4088

Underlying: Common Shares · 5.8653 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F5 · derivative.exercise_date: These restricted share units vest on December 31, 2024.

F5 · derivative.expiration_date: These restricted share units vest on December 31, 2024.

SEC source: 0001618756-24-000058 · wk-form4_1712621249.xml · derivative · entry 7

SANTELMO THIAGO T · CIK 0002015936 · President, International

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 676.3063

Underlying: Common Shares · 5.0765 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F5 · derivative.exercise_date: These restricted share units vest on December 31, 2024.

F5 · derivative.expiration_date: These restricted share units vest on December 31, 2024.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 11

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,148.4833

Underlying: Common Shares · 451.4833 shares

Expires 2027-03-15

F13 · derivative.exercise_price: The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance period.

F5 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 10

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,632.8362

Underlying: Common Shares · 109.8362 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F12 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

F12 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 9

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,027.1899

Underlying: Common Shares · 345.4868 shares

Expires 2026-02-22

F11 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F5 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 8

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,082.8652

Underlying: Common Shares · 53.165 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F10 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

F10 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 7

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 42,619.3768

Underlying: Common Shares · 319.9073 shares

Expires 2025-02-25

F9 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest on February 25, 2025. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F5 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 6

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,934.3037

Underlying: Common Shares · 37.0376 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F8 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.

F8 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 5

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,334.7028

Underlying: Common Shares · 122.6106 shares

Expires 2024-12-15

F7 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2021-2 PBRSUs") granted to the Reporting Person. The 2021-2 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will best on December 15, 2024, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F5 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 4

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,444.9009

Underlying: Common Shares · 40.8702 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F6 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024.

F6 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2022, December 15, 2023 and December 15, 2024.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 3

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,474.4509

Underlying: Common Shares · 123.6596 shares

Expires 2024-09-01

F4 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2021-1 PBRSUs") granted to the Reporting Person. The 2021-1 PBRSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest on September 1, 2024, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F5 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000065 · wk-form4_1712621330.xml · derivative · entry 2

CURTIS THOMAS BENJAMIN · CIK 0001804729 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,152.5081

Underlying: Common Shares · 31.1693 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F2 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F3 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

F3 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

SEC source: 0001618756-24-000060 · wk-form4_1712621272.xml · derivative · entry 5

DOYLE J PATRICK · CIK 0001337160 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 786,120.1537

Underlying: Common Shares · 5,900.7337 shares

Expires not disclosed

F5 · derivative.exercise_price: The performance based restricted share units ("PBRSUs") will have a performance period beginning November 21, 2022 and ending March 21, 2028 and may be earned from 50% for the threshold performance to 200% for maximum performance, based on meeting performance targets tied to the appreciation of the price of RBI common shares.

F6 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F5 · derivative.exercise_date: The performance based restricted share units ("PBRSUs") will have a performance period beginning November 21, 2022 and ending March 21, 2028 and may be earned from 50% for the threshold performance to 200% for maximum performance, based on meeting performance targets tied to the appreciation of the price of RBI common shares.

F5 · derivative.expiration_date: The performance based restricted share units ("PBRSUs") will have a performance period beginning November 21, 2022 and ending March 21, 2028 and may be earned from 50% for the threshold performance to 200% for maximum performance, based on meeting performance targets tied to the appreciation of the price of RBI common shares.

SEC source: 0001618756-24-000060 · wk-form4_1712621272.xml · derivative · entry 4

DOYLE J PATRICK · CIK 0001337160 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 419,264.0819

Underlying: Common Shares · 3,147.0579 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F3 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F4 · derivative.exercise_date: These restricted share units vest in equal installments on November 21, 2023, November 21, 2024, November 21, 2025, November 21, 2026 and November 21, 2027.

F4 · derivative.expiration_date: These restricted share units vest in equal installments on November 21, 2023, November 21, 2024, November 21, 2025, November 21, 2026 and November 21, 2027.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 14

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,415.824

Underlying: Common Shares · 250.824 shares

Expires 2027-03-15

F14 · derivative.exercise_price: The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 13

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,732.5849

Underlying: Common Shares · 110.5849 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F13 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

F13 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 12

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 34,520.3924

Underlying: Common Shares · 259.1151 shares

Expires 2026-02-22

F12 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 11

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,186.6445

Underlying: Common Shares · 83.9686 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F11 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

F11 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 10

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,292.6231

Underlying: Common Shares · 279.9239 shares

Expires 2025-02-25

F10 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest on February 25, 2025. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 9

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,222.1402

Underlying: Common Shares · 69.2227 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F9 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.

F9 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 8

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,928.0506

Underlying: Common Shares · 21.9783 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F8 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

F8 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 7

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,100.9586

Underlying: Common Shares · 218.436 shares

Expires 2025-02-21

F6 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000067 · wk-form4_1712621354.xml · derivative · entry 6

Granat Jill · CIK 0001552022 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,696.5305

Underlying: Common Shares · 65.2774 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F5 · derivative.exercise_date: These restricted share units vest on December 31, 2024.

F5 · derivative.expiration_date: These restricted share units vest on December 31, 2024.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 14

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,491.7898

Underlying: Common Shares · 123.7898 shares

Expires 2027-03-15

F14 · derivative.exercise_price: The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 13

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,653.9454

Underlying: Common Shares · 49.9454 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F13 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

F13 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 12

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,808.157

Underlying: Common Shares · 103.646 shares

Expires 2026-02-22

F12 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest on February 22, 2026, the number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 11

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,439.4824

Underlying: Common Shares · 40.8295 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F11 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

F11 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2023, December 15, 2024, December 15, 2025 and December 15, 2026.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 10

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,982.3999

Underlying: Common Shares · 119.9662 shares

Expires 2025-02-25

F10 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2022 PBRSUs") granted to the Reporting Person. The 2022 PBRSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest on February 25, 2025. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 9

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,903.6256

Underlying: Common Shares · 29.3011 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F9 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.

F9 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2022, December 31, 2023, December 31, 2024 and December 31, 2025.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 8

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,298.2549

Underlying: Common Shares · 9.7448 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F8 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

F8 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 7

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,186.1188

Underlying: Common Shares · 31.4216 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F8 · derivative.exercise_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

F8 · derivative.expiration_date: These restricted share units vest in equal installments on December 31, 2021, December 31, 2022, December 31, 2023 and December 31, 2024.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 6

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,640.3834

Underlying: Common Shares · 87.3744 shares

Expires 2025-02-21

F6 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2020 PBRSUs") granted to the Reporting Person. The 2020 PBRSUs have a performance period ending December 31, 2021 and will vest on February 21, 2025, which is the fifth anniversary of the grant date.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000066 · wk-form4_1712621342.xml · derivative · entry 5

Friesner Jacqueline · CIK 0001552051 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,253.3961

Underlying: Common Shares · 31.9266 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F5 · derivative.exercise_date: These restricted share units vest on December 31, 2024.

F5 · derivative.expiration_date: These restricted share units vest on December 31, 2024.

SEC source: 0001618756-24-000063 · wk-form4_1712621306.xml · derivative · entry 14

Kobza Joshua · CIK 0001574771 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 120,297.9743

Underlying: Common Shares · 902.9743 shares

Expires 2027-03-15

F14 · derivative.exercise_price: The shares reported represent an award of performance based share units ("2024 PSUs") granted to the Reporting Person. The 2024 PSUs will have a performance period beginning February 23, 2024 and ending February 23, 2027 and to the extent earned will vest on March 15, 2027. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

SEC source: 0001618756-24-000063 · wk-form4_1712621306.xml · derivative · entry 13

Kobza Joshua · CIK 0001574771 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,892.8865

Underlying: Common Shares · 231.8865 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share.

F4 · shares: Represents dividend equivalent rights that accrued on the underlying award of restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.

F13 · derivative.exercise_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

F13 · derivative.expiration_date: These restricted share units vest in equal installments on December 15, 2024, December 15, 2025, December 15, 2026 and December 15, 2027.

SEC source: 0001618756-24-000063 · wk-form4_1712621306.xml · derivative · entry 12

Kobza Joshua · CIK 0001574771 · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 311,837.3303

Underlying: Common Shares · 2,340.6969 shares

Expires 2026-02-22

F12 · derivative.exercise_price: The shares reported represent an award of performance based restricted share units ("2023 PBRSUs") granted to the Reporting Person. The 2023 PBRSUs will have a performance period beginning January 1, 2023 and ending May 21, 2028 and to the extent earned will vest on May 28, 2028. The number of common shares that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

F7 · shares: Represents dividend equivalent rights that accrued on the underlying award of performance based restricted share units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable performance based restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted share units to which they relate.