Pizza Pizza Royalty Corp. (the "Company") (TSX: PZA) today announced its monthly cash dividend of $0.0775 per share for May 2025.

The dividend will be payable to shareholders of record at the close of business May 30, 2025, and will be paid on June 13, 2025.

For tax purposes, the 2025 dividend will be considered a taxable eligible dividend.

The Company also announced that its Annual Meeting of Shareholders will take place via live virtual audio webcast at 10:00 a.m. (Eastern Time) on June 13, 2025. Login instructions for the virtual audio webcast were included in the annual meeting materials mailed to shareholders. Alternatively, login information can be found in the Company's Management Information Circular, available on the Company's website and SEDAR+ (www.sedarplus.com).

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_465817972/2197/2025-05-26T11:57:00