Pizza Pizza Royalty Corp. (the "Company") (TSX: PZA) today announced its monthly cash dividend of $0.0775 per share for December 2024.

The dividend will be payable to shareholders of record at the close of business December 31, 2024, and will be paid on January 15, 2025.

For tax purposes, the 2024 dividend will be considered a taxable eligible dividend.

www.pizzapizza.ca and www.pizza73.com or www.sedar.com.

SOURCE Pizza Pizza Royalty Corp.

SOURCE: Pizza Pizza Royalty Corp.

For further information: Christine D'Sylva, Chief Financial Officer, Pizza Pizza
Royalty Corp., (416) 967-1010 x 393 cdsylva@pizzapizza.ca

COMTEX_461004181/2197/2024-12-18T17:19:00