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|                                   Wendy’s/Arby’s Restaurants, LLC, as Issuer |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:                                                                                                                                                                                                                                                                | /s/ Stephen E. Hare |
|                                                                                                                                                                                                                                                               | Name: | Stephen E. Hare |
|                                                                                                                                                                                                                                                               | Title: | Senior Vice President and Chief Financial Officer |

|                                   Oldemark LLC, as a Guarantor |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:                                                                                                                                                                                                                                      | /s/ Chris A. Varin |
|                                                                                                                                                                                                                                     | Name: | Chris A. Varin |
|                                                                                                                                                                                                                                     | Title: | Vice President and Assistant Secretary |

|                                   U.S. Bank National Association, as Trustee |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By:                                                                                                                                                                                                                                                    | /s/ Jack Ellerin |
|                                                                                                                                                                                                                                                   | Name: | Jack Ellerin |
|                                                                                                                                                                                                                                                   | Title: | Vice President |

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