In 1964, the first Tim Hortons restaurant in Hamilton, Ontario opened its doors. Canadians have been ordering Tim Hortons iconic Original Blend coffee and donuts ever since. In 2019, Tims China opened its first coffee shop in Shanghai, serving premium coffee and fresh prepared food. Since then, we have been expanding dramatically with more than 500 stores now across China and a goal to establish a profitable network of more than 2,750 restaurants in China by 2026. Tims China offers freshly brewed coffee, tea and other beverages, bakery & sides, and sandwiches and is an emerging coffee champion in China. Tims China’s philosophy is rooted in world-class execution and data-driven decision making and centered on true local relevance, continuous innovation, genuine community, and absolute convenience. For more information about Tims China, please visit our website on ir.timschina.com or follow us on Twitter @TimHortonsChina For exciting career opportunities at Tims China, please visit https://www.timhortons.com.cn TH International Limited (Nasdaq: THCH) (“Tims China”) is the parent company of the exclusive master franchisee of Tim Hortons coffee shops in China, including Hong Kong and Macau. TH International Limited was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International (TSX: QSR) (NYSE: QSR).