Toronto, Ontario, November 20, 2019 – Pizza Pizza Royalty Corp. (the “Company”) (TSX: PZA)
today announced its monthly cash dividend of $0.0713 per share for November 2019.

The dividend will be payable to shareholders of record at the close of business on November 29,
2019, and will be paid on December 13, 2019.

For tax purposes, the 2019 dividend will be considered a taxable eligible dividend.

For further information:

Christine D’Sylva, Vice President of Finance and Investor Relations, Pizza Pizza Royalty Corp.
(416) 967-1010 x393 and or

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