# EDGAR Filing Document

**Accession Number:** 0000030697
**File Stem:** 0001345471-23-000065
**Filing Date:** 2023-3
**Character Count:** 63264
**Document Hash:** 394ecb2261b107526d82a6b2067c70ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001345471-23-000065.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0001345471-23-000065

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**GROUP MEMBERS**: EDWARD P. GARDEN

**GROUP MEMBERS**: MATTHEW PELTZ

**GROUP MEMBERS**: NELSON PELTZ

**GROUP MEMBERS**: PETER W. MAY

**GROUP MEMBERS**: TRIAN FUND MANAGEMENT GP, LLC

**GROUP MEMBERS**: TRIAN FUND MANAGEMENT, L.P.

**GROUP MEMBERS**: TRIAN PARTNERS GENERAL PARTNER, LLC

**GROUP MEMBERS**: TRIAN PARTNERS GP, L.P.

**GROUP MEMBERS**: TRIAN PARTNERS MASTER FUND, L.P.

**GROUP MEMBERS**: TRIAN PARTNERS PARALLEL FUND I, L.P.

**GROUP MEMBERS**: TRIAN PARTNERS STRATEGIC FUND G-II, L.P.

**GROUP MEMBERS**: TRIAN PARTNERS STRATEGIC FUND G-III, L.P.

**GROUP MEMBERS**: TRIAN PARTNERS STRATEGIC FUND-K, L.P.

**GROUP MEMBERS**: TRIAN PARTNERS, L.P.

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Wendy's Co
- **CENTRAL INDEX KEY:** 0000030697
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING & DRINKING PLACES [5810]
- **IRS NUMBER:** 380471180
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0101

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-30388
- **FILM NUMBER:** 23705185

**BUSINESS ADDRESS:**
- **STREET 1:** ONE DAVE THOMAS BLVD
- **CITY:** DUBLIN
- **STATE:** OH
- **ZIP:** 43017
- **BUSINESS PHONE:** (614) 764-3100

**MAIL ADDRESS:**
- **STREET 1:** ONE DAVE THOMAS BLVD
- **CITY:** DUBLIN
- **STATE:** OH
- **ZIP:** 43017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WENDY'S/ARBY'S GROUP, INC.
- **DATE OF NAME CHANGE:** 20080926

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRIARC COMPANIES INC
- **DATE OF NAME CHANGE:** 19931109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWG CORP
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRIAN FUND MANAGEMENT, L.P.
- **CENTRAL INDEX KEY:** 0001345471
- **IRS NUMBER:** 203454182
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 280 PARK AVENUE
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-451-3000

**MAIL ADDRESS:**
- **STREET 1:** 280 PARK AVENUE
- **STREET 2:** 41ST FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Trian Fund Management, L.P.
- **DATE OF NAME CHANGE:** 20051128

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

#### SCHEDULE 13D
Under the Securities Exchange Act of 1934<br> (Amendment No. 58)\*

THE WENDY'S COMPANY

(Name of Issuer)<br>

COMMON STOCK, PAR VALUE $.10 PER SHARE

(Title of Class of Securities)<br>

95058W100

(CUSIP Number)

---

| | |
|:---|:---|
| **PETER W. MAY<br> 280 PARK AVENUE<br> NEW YORK, NEW YORK 10017<br> TEL. NO.: (212) 451-3000** | **BRIAN L. SCHORR, ESQ.<br> CHIEF LEGAL OFFICER<br> TRIAN FUND MANAGEMENT, L.P.<br> 280 PARK AVENUE, 41<sup>st</sup> FLOOR<br> NEW YORK, NEW YORK 10017<br> TEL. NO.:(212) 451-3000** |

---

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

March 3, 2023

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

\*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The Information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 2 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 2 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 2 |  |
| 1 | NAME OF REPORTING PERSON<br> Nelson Peltz | NAME OF REPORTING PERSON<br> Nelson Peltz |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> Not applicable | SOURCE OF FUNDS<br> Not applicable |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5) |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 37,597,167 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 9,956,248 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5) |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 37,597,167 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 37,597,167 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 17.68%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 17.68%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> IN | TYPE OF REPORTING PERSON<br> IN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Company's Annual Report on Form 10-K for the fiscal year ended on January 1, 2023 (the "Form 10-K").

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 3 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 3 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 3 |  |
| 1 | NAME OF REPORTING PERSON<br> Peter W. May | NAME OF REPORTING PERSON<br> Peter W. May |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> Not applicable | SOURCE OF FUNDS<br> Not applicable |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5) |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 37,390,478 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 5,482,049 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5) |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 37,390,478 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 37,390,478 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 17.59%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 17.59%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> IN | TYPE OF REPORTING PERSON<br> IN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 4 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 4 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 4 |  |
| 1 | NAME OF REPORTING PERSON<br>Edward P. Garden | NAME OF REPORTING PERSON<br>Edward P. Garden |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> Not Applicable | SOURCE OF FUNDS<br> Not Applicable |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 240,365 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 21,946,135 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 240,365 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 21,946,135 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 21,946,135 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 21,946,135 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 10.32%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 10.32%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> IN | TYPE OF REPORTING PERSON<br> IN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 5 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 5 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 5 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Fund Management, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3454182 | NAME OF REPORTING PERSON<br> Trian Fund Management, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3454182 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 21,705,770 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 21,705,770 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 21,705,770 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 21,705,770 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 10.21%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 10.21%<sup>\*</sup> |  |
| <br> 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 6 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 6 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 6 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Fund Management GP, LLC<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3454087 | NAME OF REPORTING PERSON<br> Trian Fund Management GP, LLC<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3454087 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 21,705,770 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 21,705,770 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 21,705,770 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 21,705,770 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 10.21%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 10.21%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> OO | TYPE OF REPORTING PERSON<br> OO |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 7 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 7 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 7 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners GP, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3453775 | NAME OF REPORTING PERSON<br> Trian Partners GP, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3453775 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 12,798 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 12,798 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 12,798 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 12,798 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.01%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.01%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 8 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 8 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 8 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners General Partner, LLC<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3453595 | NAME OF REPORTING PERSON<br> Trian Partners General Partner, LLC<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3453595 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 12,798 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 12,798 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 12,798 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 12,798 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.01%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.01%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> OO | TYPE OF REPORTING PERSON<br> OO |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 9 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 9 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 9 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3453988 | NAME OF REPORTING PERSON<br> Trian Partners, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3453988 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 7,584,113 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 7,584,113 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 7,584,113 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 7,584,113 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 3.57%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 3.57%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 10 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 10 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 10 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners Master Fund, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 98-0468601 | NAME OF REPORTING PERSON<br> Trian Partners Master Fund, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 98-0468601 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Cayman Islands | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Cayman Islands |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 10,489,896 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 10,489,896 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 10,489,896 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 10,489,896 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 4.93%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 4.93%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 11 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 11 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 11 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners Parallel Fund I, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3694154 | NAME OF REPORTING PERSON<br> Trian Partners Parallel Fund I, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 20-3694154 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 1,172,869 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 1,172,869 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 1,172,869 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 1,172,869 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.55%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.55%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 12 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 12 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 12 |  |
| 1 | NAME OF REPORTING PERSON<br> Matthew Peltz | NAME OF REPORTING PERSON<br> Matthew Peltz |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> Not Applicable | SOURCE OF FUNDS<br> Not Applicable |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States | CITIZENSHIP OR PLACE OF ORGANIZATION<br> United States |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 86,782 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 414,609 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 86,782 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 414,609 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 414,609 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 414,609 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.20%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.20%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> IN | TYPE OF REPORTING PERSON<br> IN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 13 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 13 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 13 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners Strategic Fund G-II, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 46-5509975 | NAME OF REPORTING PERSON<br> Trian Partners Strategic Fund G-II, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 46-5509975 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 663,203 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 663,203 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 663,203 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 663,203 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.31%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.31%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 14 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 14 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 14 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners Strategic Fund G-III, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 47-2121971 | NAME OF REPORTING PERSON<br> Trian Partners Strategic Fund G-III, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 47-2121971 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 162,088 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 162,088 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 162,088 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 162,088 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.08%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.08%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

---

| | | | |
|:---|:---|:---|:---|
| CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 15 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 15 | CUSIP NO. 95058W100&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Page 15 |  |
| 1 | NAME OF REPORTING PERSON<br> Trian Partners Strategic Fund-K, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 47-5116069 | NAME OF REPORTING PERSON<br> Trian Partners Strategic Fund-K, L.P.<br>S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON<br> 47-5116069 |  |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_]<br> (b) [_] |
| 3 | SEC USE ONLY | SEC USE ONLY |  |
| 4 | SOURCE OF FUNDS<br> OO | SOURCE OF FUNDS<br> OO |  |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) | [_] |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8 | SHARED VOTING POWER (See Item 5)<br> 1,620,803 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 9 | SOLE DISPOSITIVE POWER (See Item 5)<br> 0 |  |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 10 | SHARED DISPOSITIVE POWER (See Item 5)<br> 1,620,803 |  |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 1,620,803 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)<br> 1,620,803 |  |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.76%<sup>\*</sup> | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br> 0.76%<sup>\*</sup> |  |
| 14 | TYPE OF REPORTING PERSON<br> PN | TYPE OF REPORTING PERSON<br> PN |  |

---

------

<sup>\*</sup> This percentage is calculated based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Form 10-K.

------

AMENDMENT NO. 58 TO SCHEDULE 13D

This Amendment No. 58 ("<u>Amendment No. 58</u>") amends and supplements the Schedule 13D dated October 13, 1992 (the "<u>Original Statement</u>"), as amended and restated by Amendment No. 6 dated May 3, 1993, as amended by Amendment No. 7 dated February 14, 1996, as amended by Amendment No. 8 dated October 13, 1998, as amended by Amendment No. 9 dated March 12, 1999, as amended by Amendment No. 10 dated May 4, 1999, as amended by Amendment No. 11 dated November 12, 2002, as amended by Amendment No. 12 dated April 25, 2003, as amended by Amendment No. 13 dated July 1, 2003, as amended by Amendment No. 14 dated September 24, 2003, as amended by Amendment No. 15 dated December 4, 2003, as amended by Amendment No. 16 dated January 15, 2004, as amended by Amendment No. 17 dated April 20, 2004, as amended by Amendment No. 18 dated June 29, 2004, as amended by Amendment No. 19 dated July 23, 2004, as amended by Amendment No. 20 dated May 23, 2005, as amended by Amendment No. 21 dated January 6, 2006, as amended by Amendment No. 22 dated February 23, 2006, as amended by Amendment No. 23 dated December 26, 2006, as amended by Amendment No. 24 dated April 23, 2008, as amended by Amendment No. 25 dated September 16, 2008, as amended by Amendment No. 26 dated September 23, 2008, as amended by Amendment No. 27 dated September 25, 2008, as amended by Amendment No. 28 dated October 1, 2008, as amended by Amendment No. 29 dated October 8, 2008, as amended by Amendment No. 30 dated November 6, 2008, as amended by Amendment No. 31 dated November 25, 2008, as amended by Amendment No. 32 dated December 5, 2008, as amended by Amendment No. 33 dated December 8, 2008, as amended by Amendment No. 34 dated December 11, 2008, as amended by Amendment 35 dated April 1, 2009, as amended by Amendment 36 dated March 9, 2010, as amended by Amendment 37 dated June 10, 2010, as amended by Amendment 38 dated February 2, 2011, as amended by Amendment 39 dated December 1, 2011 as amended by Amendment No. 40 dated February 6, 2012, as amended by Amendment No. 41 dated January 14, 2014, as amended by Amendment No. 42 dated January 15, 2014, as amended by Amendment No. 43 dated September 18, 2014, as amended by Amendment No. 44 dated June 3, 2015, as amended by Amendment No. 45 dated June 18, 2015, as amended by Amendment No. 46 dated June 25, 2015, as amended by Amendment No. 47 dated July 8, 2015, as amended by Amendment No. 48 dated July 20, 2015, as amended by Amendment No. 49 dated December 15, 2015, as amended by Amendment No. 50 dated December 6, 2016, as amended by Amendment No. 51 dated June 6, 2017, as amended by Amendment No. 52 dated February 27, 2018, as amended by Amendment No. 53 dated May 16, 2018, as amended by Amendment No. 54 dated March 7, 2019, as amended by Amendment No. 55 dated August 16, 2019, as amended by Amendment No. 56 dated May 24, 2022, and as amended by Amendment No. 57 ("<u>Amendment No. 57</u>") dated January 13, 2023 (the Original Statement, as so amended shall be known as the "<u>Statement</u>"), with respect to the (i) the Common Stock, par value $.10 per share (the "<u>Common Stock</u>"), of The Wendy's Company (the "<u>Company</u>," formerly known as Wendy's/Arby's Group, Inc. and, before that, Triarc Companies, Inc., a Delaware corporation ("<u>Triarc</u>") and successor by merger to Triarc Companies, Inc., an Ohio corporation formerly named DWG Corporation) for periods commencing on or after May 28, 2009, (ii) the Common Stock, par value $.10 per share, of Triarc (through September 29, 2008, the date of the closing of the acquisition of Wendy's described in Item 4) and of the Company for the period commencing on September 30, 2008 and ending on May 27, 2009 (the "<u>Class A Common Stock</u>"), and (iii) for periods prior to September 30, 2008, the Class B Common Stock, Series 1, par value $.10 per share, of Triarc (the "<u>Class B Common Stock</u>"). Unless otherwise indicated, all capitalized terms used herein shall have the same meaning as set forth in the Statement.

Except as set forth below, there are no changes to the information set forth in the Statement.

#### Item 4. Purpose of Transaction

Item 4 is hereby amended and supplemented as follows:

The sales of Shares by Trian Onshore and Trian Master Fund reported in this Amendment No. 58 were for portfolio management purposes. None of the Shares that were sold were owned directly by Messrs. Peltz, May, Garden or M. Peltz.

#### Item 5. Interest in Securities of the Issuer

(1) Part (a) of Item 5 of the Statement is amended by deleting the eleventh through seventeenth paragraphs thereof and replacing them with the following:

Mr. Peltz directly owns and has the sole power to dispose of and the shared power to vote 9,956,248 shares of Common Stock. Mr. May directly owns and has the sole power to dispose of and the shared power to vote 5,482,049 shares of Common Stock. Mr. Garden directly owns and has the sole power to dispose of and vote 240,365 shares of Common Stock. Mr. M. Peltz directly owns and has the sole power to dispose of and vote 86,782 shares of Common Stock.

Claudia Peltz, Mr. Peltz's wife, is the beneficial owner of 44,169 shares of Common Stock. These shares were previously beneficially owned by the Peltz L.P., the general partner of which was a limited liability company of which Mrs. Peltz was the sole member. Mr. Peltz may be deemed to beneficially own the shares of Common Stock owned by Mrs. Peltz. Mr. Peltz disclaims beneficial ownership of such shares.

The Peltz 2009 Family Trust is the beneficial owner of 132,397 shares of Common Stock. Mrs. Peltz, Mr. Peltz and Mr. M. Peltz serve as the trustees of the Peltz 2009 Family Trust. The shares held by the Peltz 2009 Family Trust were previously beneficially owned by the NP 2009 GRAT, a trust of which Mr. Peltz was the sole trustee. Each of Mr. Peltz and Mr. M. Peltz may be deemed to beneficially own the shares of Common Stock owned by the 2009 Family Trust. Each of Mr. Peltz and Mr. M. Peltz disclaims beneficial ownership of such shares.

In addition, certain of Mr. Peltz's children (the "<u>Peltz Children</u>") beneficially own 81,104 shares of Common Stock, which Mr. Peltz may be deemed to beneficially own. Mr. Peltz disclaims beneficial ownership of such shares.

The Peltz Family Foundation is the beneficial owner of 195,430 shares of Common Stock. Mr. and Mrs. Peltz, Mr. M. Peltz and an unrelated person serve as the trustees of the Peltz Family Foundation. Each of Mr. Peltz and Mr. M. Peltz may be deemed to beneficially own the shares of Common Stock owned by the Peltz Family Foundation. Each of Mr. Peltz and Mr. M. Peltz disclaims beneficial ownership of such shares.

The May Family Foundation is the beneficial owner of 32,910 shares of Common Stock. Mr. and Mrs. May and their two adult children serve as the directors of the May Family Foundation. Mr. May may be deemed to beneficially own the shares of Common Stock owned by the May Family Foundation. Mr. May disclaims beneficial ownership of such shares.

Pursuant to the Voting Agreement, Mr. Peltz may also be deemed to share voting power (but has no dispositive power) with respect to 5,482,049 shares of the Common Stock beneficially owned by Mr. May (excluding shares beneficially owned by the May Family Foundation), and Mr. May may also be deemed to share voting power (but has no dispositive power) with respect to 9,956,248 shares of the Common Stock beneficially owned by Mr. Peltz (excluding shares beneficially owned by Ms. Peltz and the Peltz Family Foundation). Accordingly, Mr. Peltz may be deemed to beneficially own such shares of Common Stock beneficially owned by Mr. May, and Mr. May may be deemed to beneficially own such shares of Common Stock beneficially owned by Mr. Peltz.

Trian Onshore directly owns 7,584,113 shares of Common Stock, Trian Master Fund directly owns 10,489,896 shares of Common Stock, Parallel Fund I directly owns 1,172,869 shares of Common Stock, Trian GP directly owns 12,798 shares of Common Stock, Fund-G II directly owns 663,203 shares of Common Stock, Fund-G III directly owns 162,088 shares of Common Stock and Fund-K directly owns 1,620,803 shares of Common Stock. Mr. Peltz, Mr. May and Mr. Garden, by virtue of their relationships to Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-G III, Fund-K, Trian GP, Trian GP LLC, Trian Management and Trian Management GP (as discussed in Item 2), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own the shares of Common Stock owned by Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-G III, Fund-K and Trian GP. Mr. Peltz, Mr. May and Mr. Garden disclaim beneficial ownership of such shares.

As a result, Mr. Peltz may be deemed to beneficially own an aggregate of 37,597,167 shares of Common Stock (including shares of Common Stock beneficially owned by Mr. May, Ms. Peltz, the Peltz 2009 Family Trust, the Peltz Children, the Peltz Family Foundation, Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-G III, Fund-K, and Trian GP, but excluding shares beneficially owned by the May Family Foundation), representing approximately 17.68% of the outstanding shares of Common Stock. In addition, Mr. May may be deemed to beneficially own an aggregate of 37,390,478 shares of Common Stock (including shares of Common Stock beneficially owned by the May Family Foundation, Mr. Peltz, Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-G III, Fund-K, and Trian GP, but excluding shares beneficially owned by Ms. Peltz, and the Peltz Family Foundation), representing approximately 17.59% of the outstanding shares of Common Stock. Mr. Garden may be deemed to beneficially own an aggregate of 21,946,135 shares of Common Stock (including shares of Common Stock beneficially owned by Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-G III, Fund-K, and Trian GP), representing approximately 10.32% of the outstanding shares of Common Stock.

(2) Item 5 of the Statement is hereby amended and supplemented by deleting Part (a) and the first and second paragraphs of Part (b) of Item 5 of Amendment No. 57 and replacing them with the following:

(a) As of 4:00 p.m., New York City time, on March 3, 2023, the Filing Persons beneficially owned, in the aggregate, 37,957,224 shares of Common Stock, representing approximately 17.85% of the outstanding Common Stock (based upon 212,594,753 shares of Common Stock outstanding as of February 21, 2023, as reported in the Company's Annual Report on Form 10-K for the fiscal year ended on January 1, 2023).

(b) Each of Trian Onshore, Trian Master Fund, Parallel Fund I, Trian GP, Fund-G II, Fund-G III and Fund-K beneficially and directly owns and has sole voting power and sole dispositive power with regard to 7,584,113, 10,489,896, 1,172,869, 12,798, 663,203, 162,088 and 1,620,803 shares of Common Stock, respectively, in each case except to the extent that other Filing Persons as described in the Statement may be deemed to have shared voting power and shared dispositive power with regard to such shares.

Each of Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden, by virtue of their relationships to Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-G III and Fund-K (as discussed in Item 2), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Act), all of the shares of Common Stock that Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-G III and Fund-K directly and beneficially own. Each of Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden disclaims beneficial ownership of such shares for all other purposes. Each of Trian GP LLC, Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden, by virtue of their relationships to Trian GP (as discussed in Item 2), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Act), all of the shares of Common Stock that Trian GP directly and beneficially owns. Each of Trian GP LLC, Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden disclaims beneficial ownership of such shares for all other purposes. Each of Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden, by virtue of their relationships to Trian GP LLC (as discussed in Item 2), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Act), all of the shares of Common Stock that Trian GP LLC directly and beneficially owns. Each of Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden disclaims beneficial ownership of such shares for all other purposes.

(3) Part (c) of Item 5 of the Statement is amended and supplemented by the following:

The following table sets forth all transactions by any of the Filing Persons with respect to the shares of Common Stock effected since Amendment No. 57 was filed, inclusive of the transactions effected through 4:00 p.m., New York City time, on March 3, 2023. All such transactions in the table were effected in block trades. The prices set forth in the table do not include commissions.

---

| | | | | |
|:---|:---|:---|:---|:---|
| Name | Date | No. of Shares | Price<br> Per Share ($) | <br> Transaction<br> Type |
| Trian Master Fund | 03/03/2023 | 3091980 | $22.05 | Sale |
| Trian Onshore | 03/03/2023 | 535589 | $22.05 | Sale |

---

------

#### SIGNATURE
After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: March 3, 2023

---

| | | |
|:---|:---|:---|
| <br> **TRIAN PARTNERS GP, L.P.** | <br> **TRIAN PARTNERS GP, L.P.** | <br> **TRIAN PARTNERS GP, L.P.** |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| <br> **TRIAN PARTNERS GENERAL PARTNER, LLC** | <br> **TRIAN PARTNERS GENERAL PARTNER, LLC** | <br> **TRIAN PARTNERS GENERAL PARTNER, LLC** |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| <br> **TRIAN PARTNERS, L.P.** | <br> **TRIAN PARTNERS, L.P.** | <br> **TRIAN PARTNERS, L.P.** |
| By: | Trian Partners GP, L.P., its general partner | Trian Partners GP, L.P., its general partner |
| By: | Trian Partners General Partner, LLC, its general partner | Trian Partners General Partner, LLC, its general partner |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| <br> **TRIAN PARTNERS MASTER FUND, L.P.** | <br> **TRIAN PARTNERS MASTER FUND, L.P.** | <br> **TRIAN PARTNERS MASTER FUND, L.P.** |
| By: | Trian Partners GP, L.P., its general partner | Trian Partners GP, L.P., its general partner |
| By: | Trian Partners General Partner, LLC, its general partner | Trian Partners General Partner, LLC, its general partner |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |

---

------

---

| | | |
|:---|:---|:---|
| <br> **TRIAN PARTNERS PARALLEL FUND I, L.P.** | <br> **TRIAN PARTNERS PARALLEL FUND I, L.P.** | <br> **TRIAN PARTNERS PARALLEL FUND I, L.P.** |
| By: | Trian Partners Parallel Fund I General Partner, LLC, its general partner | Trian Partners Parallel Fund I General Partner, LLC, its general partner |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| <br> **TRIAN FUND MANAGEMENT, L.P.** | <br> **TRIAN FUND MANAGEMENT, L.P.** | <br> **TRIAN FUND MANAGEMENT, L.P.** |
| By: | Trian Fund Management GP, LLC, its general partner | Trian Fund Management GP, LLC, its general partner |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| <br> **TRIAN FUND MANAGEMENT GP, LLC** | <br> **TRIAN FUND MANAGEMENT GP, LLC** | <br> **TRIAN FUND MANAGEMENT GP, LLC** |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| <br> **TRIAN PARTNERS STRATEGIC FUND-G II, L.P.** | <br> **TRIAN PARTNERS STRATEGIC FUND-G II, L.P.** | <br> **TRIAN PARTNERS STRATEGIC FUND-G II, L.P.** |
| By: | Trian Partners Strategic Fund-G II GP, L.P., its general partner | Trian Partners Strategic Fund-G II GP, L.P., its general partner |
| By: | Trian Partners Strategic Fund-G II General Partner, LLC, its general partner | Trian Partners Strategic Fund-G II General Partner, LLC, its general partner |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |

---

------

---

| | | |
|:---|:---|:---|
| <br> **TRIAN PARTNERS STRATEGIC FUND-G III, L.P.** | <br> **TRIAN PARTNERS STRATEGIC FUND-G III, L.P.** | <br> **TRIAN PARTNERS STRATEGIC FUND-G III, L.P.** |
| By: | Trian Partners Strategic Fund-G III GP, L.P., its general partner | Trian Partners Strategic Fund-G III GP, L.P., its general partner |
| By: | Trian Partners Strategic Fund-G III General Partner, LLC, its general partner | Trian Partners Strategic Fund-G III General Partner, LLC, its general partner |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| **TRIAN PARTNERS STRATEGIC FUND-K, L.P.** | **TRIAN PARTNERS STRATEGIC FUND-K, L.P.** | **TRIAN PARTNERS STRATEGIC FUND-K, L.P.** |
| By: | Trian Partners Strategic Fund-K GP, L.P., its general partner | Trian Partners Strategic Fund-K GP, L.P., its general partner |
| By: | Trian Partners Strategic Fund-K General Partner, LLC, its general partner | Trian Partners Strategic Fund-K General Partner, LLC, its general partner |
| By: | <u>/s/ EDWARD P. GARDEN</u> | <u>/s/ EDWARD P. GARDEN</u> |
|  | Name: | Edward P. Garden |
|  | Title: | Member |
| <br> <u>/s/ NELSON PELTZ</u><br> Nelson Peltz | <br> <u>/s/ NELSON PELTZ</u><br> Nelson Peltz | <br> <u>/s/ NELSON PELTZ</u><br> Nelson Peltz |
| <br> <u>/s/ PETER W. MAY</u><br> Peter W. May | <br> <u>/s/ PETER W. MAY</u><br> Peter W. May | <br> <u>/s/ PETER W. MAY</u><br> Peter W. May |
| <br> <u>/s/ EDWARD P. GARDEN</u><br> Edward P. Garden | <br> <u>/s/ EDWARD P. GARDEN</u><br> Edward P. Garden | <br> <u>/s/ EDWARD P. GARDEN</u><br> Edward P. Garden |
| <br> <u>/s/ MATTHEW H. PELTZ</u><br> Matthew H. Peltz | <br> <u>/s/ MATTHEW H. PELTZ</u><br> Matthew H. Peltz | <br> <u>/s/ MATTHEW H. PELTZ</u><br> Matthew H. Peltz |

---

------

EXHIBIT INDEX

---

| | | |
|:---|:---|:---|
| <br> **EXHIBIT**<br>| <br> **DESCRIPTION**<br>| <br> **PAGE NO.**<br>|
| 1 | Stock Purchase Agreement dated as of October 1, 1992 by and between the Purchaser, Posner, Posner Trust and Security Management. | Filed with Original Statement |
| 2 | Exchange Agreement dated as of October 12, 1992 between the Company and Security Management. | Filed with Original Statement |
| 3 | Agreement dated as of October 1, 1992 between the Company and the Purchaser. | Filed with Original Statement |
| 4 | Agreement of Limited Partnership of the Purchaser dated as of September 25, 1992. | Filed with Original Statement |
| 5 | Joint Filing Agreement of the Purchaser, Peltz and May. | Filed with Amendment No. 14 |
| 6 | Memorandum of Understanding, dated January 21, 1993, by and between the Purchaser and William A. Ehrman, individually and derivatively on behalf of SEPSCO. | Filed with Amendment No. 2 |
| 7 | Letter dated January 25, 1993 from Steven Posner to the Purchaser Filed with Amendment (including proposed terms and conditions of Consulting Agreement to be No. 2 entered into between the Company and Steven Posner). | Filed with Amendment No. 2 |
| 8 | Undertaking and Agreement, dated February 9, 1993, executed by the Purchaser. | Filed with Amendment No. 3 |
| 9 | Amendment No. 3 dated as of April 14, 1993 to Agreement of Limited Partnership of the Purchaser. | Filed with Amendment No. 4 |
| 10 | Citibank Loan Documents (Exhibits and Schedule omitted). | Filed with Amendment No. 4 |
| 11 | Republic Loan Documents (Exhibits and Schedules omitted). | Filed with Amendment No. 4 |
| 12 | Pledge and Security Agreement, dated as of April 5, 1993, between the Purchaser and Citibank. | Filed with Amendment No. 5 |
| 13 | Custodial Loan Documents. | Filed with Amendment No. 5 |
| 14 | Agreement, dated May 2, 1994 among Nelson Peltz, Peter W. May and Leon Kalvaria. | Filed with Amendment No. 6 |
| 15 | Amended and Restated Pledge and Security Agreement, dated as of July 25, 1994 between the Purchaser and Citibank. | Filed with Amendment No. 6 |
| 16 | Amendment No. 1 dated as of November 15, 1992 to Agreement of Limited Partnership of the Purchaser. | Filed with Amendment No. 7 |
| 17 | Amendment No. 2 dated as of March 1, 1993 to Agreement of Limited Partnership of the Purchaser. | Filed with Amendment No. 7 |
| 18 | Amendment No. 4 dated a January 1, 1995 to Agreement of Limited Partnership of the Purchaser. | Filed with Amendment No. 7 |
| 19 | Amendment No. 5 dated as of January 1, 1996 to Agreement of Limited Partnership of the Purchaser. | Filed with Amendment No. 7 |
| 20 | BOA Loan documents, as amended (Exhibits and Schedules omitted). | Filed with Amendment No. 22 |
| 21 | Letter, dated October 12, 1998, from Messrs. Nelson Peltz and Peter W. May to the Company. | Filed with Amendment No. 8 |
| 22 | Press release, issued by the Company, dated October 12, 1998. | Filed with Amendment No. 8 |
| 23 | Letter, dated October 12, 1998, from the Company to Messrs. Nelson Peltz and Peter W. May. | Filed with Amendment No. 8 |
| 24 | Press release issued by the Company, dated March 10, 1999. | Filed with Amendment No. 9 |
| 25 | Amended and Restated Agreement of Limited Partnership of the Purchaser, amended and restated as of November 11, 2002. | Filed with Amendment No. 11 |
| 26 | Pledge Agreement dated April 2, 2001, made by Peltz Family Limited Partnership, in favor of Bank of America, N.A. | Filed with Amendment No. 13 |
| 27 | Pledge and Security Agreement dated April 2, 2003, made by Peter W. May, in favor of Bank of America, N.A. (Schedule II omitted). | Filed with Amendment No. 13 |
| 28 | Voting Agreement, dated June 26, 2004, by and among Messrs. Nelson Peltz, Peter W. May and Gregory H. Sachs. | Filed with Amendment No. 18 |
| 29 | Voting Agreement dated July 23, 2004, between Messrs. Nelson Peltz and Peter W. May. | Filed with Amendment No. 19 |
| 30 | Pledge and Security Agreement dated July 23, 2004, made by Nelson Peltz, in favor of Bank of America, N.A., as amended (Schedule I omitted). | Filed with Amendment No. 22 |
| 31 | Amendment No. 1 to Pledge and Security Agreement dated July 23, 2004, made by Peter W. May, in favor of Bank of America, N.A. | Filed with Amendment No. 19 |
| 32 | Agreement and Plan of Merger, dated April 23, 2008, by and among Triarc, Wendy's and Green Merger Sub. | Incorporated by reference to Exhibit 2.1 to the Company's current report on Form 8-K filed with the Securities and Exchange Commission on April 29, 2008. |
| 33 | Voting Agreement, dated as of April 23, 2008, by and among the Company, Nelson Peltz and Peter W. May. | Incorporated by reference to Exhibit 99.1 to the Company's current report on Form 8-K filed with the Securities and Exchange Commission on April 29, 2008. |
| 34 | Joint Filing Agreement of the Filing Persons. | Filed with Amendment No. 25. |
| 35 | Amended and Restated Voting Agreement, dated as of August 14, 2008, by and among the Company, Nelson Peltz and Peter W. May. | Incorporated by reference to Annex J to the Company's Prospectus filed pursuant to Rule 424(b)(3) with the Securities and Exchange Commission on August 20, 2008. |
| 36 | Joint Filing Agreement of the Filing Persons. | Filed with Amendment 28. |
| 37 | Amendment No. 1 to Agreement, dated as of April 1, 2009, by and among the Company, Trian Onshore, Trian Master Fund, Parallel Fund I, Parallel Fund II, Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden. | Filed with Amendment 35. |
| 38 | Agreement dated November 5, 2008 by and between Wendy's/Arby's Group, Inc. and Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Parallel Fund II, L.P., Trian Fund Management, L.P., Nelson Peltz, Peter W. May and Edward P. Garden. | Filed as Exhibit (d)(6) to the Combined Schedule TO and Amendment 30 to Schedule 13D. |
| 39 | Agreement dated December 1, 2011 by and between The Wendy's Company and Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners GP, L.P., Trian Partners Strategic Investment Fund, L.P., Trian Partners Strategic Investment Fund-A, L.P., Trian Fund Management, L.P., Nelson Peltz, Peter W. May and Edward P. Garden. | Filed with Amendment 39.<br>|
| 40 | Joint Filing Agreement of the Filing Persons. | Filed with Amendment 40. |
| 41 | Partial Release and Fourteenth Omnibus Amendment, dated as of August 18, 2014, to the Amended Documents referred to therein by and among Peter W. May, Leni May and Bank of America, N.A. | Filed with Amendment 43. |
| 42 | Partial Release and Eighth Omnibus Amendment, dated as of September 17, 2014, to the Amended Documents referred to therein by and among Nelson Peltz, Claudia Peltz and Bank of America, N.A. | Filed with Amendment 43. |
| 43 | Stock Purchase Agreement dated June 2, 2015 between the Company and the persons listed on Schedule I thereto. | Filed with Amendment 44. |
| 44 | Joint Filing Agreement of the Filing Persons. | Filed with Amendment 50. |

---

<br>