McDonald’s targeting approximately 2600 gross restaurant openings in 2026

Says on track to achieve 50,000 restaurants by the end of 2027. Says despite changing industry backdrop, system stayed agile throughout 2025. Says Minecraft movie collaboration was largest global campaign ever. Says saw strong performance from the return of snack wraps in the U.S. Says saw improving trends in low income share and value, and affordability experience scores. Says expects that the quick service restaurant industry environments in the U.S. and across many markets will remain challenging. Says expects foreign currency to be a full year tailwind to 2026 EPS in a range of 20c-30c. Says on track to reach target of 250M 90-day active users by the end of 2027. Comments taken from Q4 earnings conference call.