Regulation FD Disclosure (Form 8-K)

On October 9, 2025, The Wendy's Company (the "Company") issued a press release which included an update on its process to select a permanent Chief Executive Officer ("CEO"). The Company today provided a further update on this process.

The Board of Directors (the "Board") has continued to make progress on its thorough and comprehensive CEO selection process. Supported by a leading global executive search firm, the Board is continuing with its process to evaluate a strong slate of internal and external candidates with the experience and leadership capabilities required to guide Wendy's through its next phase of growth.

"We are focused on selecting a leader with the vision, strategic mindset and operational discipline to continue to execute the Company's turnaround plans" said Chairman of the Board, Art Winkleblack. "The selection process is progressing well, and the Board is confident in both the quality of candidates under consideration and the strength of the management team leading the business today."

The Board remains committed to maintaining continuity and execution throughout the selection process and continues to work closely with Interim Chief Executive Officer, Ken Cook, and the Company's senior leadership team.

The Company will release its fourth quarter and full year 2025 results on February 13, 2026 as previously announced.

The information in this Item 7.01 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section. Furthermore, the information in this Item 7.01 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933 or the Exchange Act.

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