Wendy's Says Transformation Strategy Going Well

Wendy's^® is in the midst of a comprehensive transformation to contemporize the brand and dramatically improve the customer experience. Consumers are responding, as evidenced by: o Five consecutive quarters of positive same-store sales at Company-operated restaurants* o 2012 ZAGAT SURVEY^® rating Wendy's as the Top Overall Mega Chain o Wendy's top ranking for customer satisfaction among hamburger chains in the "limited-service" category by the American Customer Service Satisfaction Index™ (University of Michigan survey) o Wendy's No.1 speed-of-service ranking in the 2012 QSR Drive-Thru Survey, a proprietary report by QSR^®