2017 Guidance

Global Systemwide Same-Store Sales Growth 2-3%
Global Net-New Unit Growth* ~3%
Global System Sales Growth At Least 5% (Ex F/X, Ex 53rd week)
Capital Expenditures $350-400MM
Underlying Base Operating Profit Growth High-Single Digits
53rd Week Headwind (1.5) ppts
Timing Impact of Refranchising & Associated G&A Savings (1.0) ppt to (2.0) ppts
Core Operating Profit Growth** Mid-Single Digits

*Each Division increasing their pace of development compared to 2016
**Excludes F/X and Special Items