Toronto, Ontario, June 8, 2023 – Pizza Pizza Royalty Corp. (the “Company”) (TSX: PZA) today announced a 3.5% increase to its monthly cash dividend, from $0.0725 per share to $0.075 per share, effective June 2023.

The dividend will be payable to shareholders of record at the close of business June 30, 2023, and will be paid on July 14, 2023. 

For tax purposes, the 2023 dividend will be considered a taxable eligible dividend.

For further information:

Christine D’Sylva, Chief Financial Officer, Pizza Pizza Royalty Corp.

(416) 967-1010 x 393 cdsylva@pizzapizza.ca

Alexander Sewrattan, Director of Finance, Pizza Pizza Royalty Corp.

(416) 967-1010 x 415 asewrattan@pizzapizza.ca 
www.pizzapizza.ca and www.pizza73.com or www.sedar.com.

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