#United States #Dublin #Investor Relations #Wendy's #Trian Partners

Wendy's Company Responds to Trian Partners

On February 18, 2026, The Wendy's Company (Nasdaq: WEN) made a notable statement regarding the recent Schedule 13D/A filing by Trian Fund Management, L.P. and its affiliates with the Securities and Exchange Commission. This response not only underscores Wendy's dedication to its shareholders but also highlights the company's strategic priorities in response to external pressures.

The Wendy's Board of Directors, along with its management team, reiterated their ongoing commitment to reviewing the company's strategic goals to enhance shareholder value. They assured stakeholders that any proposals submitted by Trian Partners would be evaluated thoroughly, in line with their fiduciary duties. This meticulous approach emphasizes Wendy's cautious yet proactive stance as it navigates potential shareholder activism.

Wendy's has been navigating through its ambitious Project Fresh turnaround plan. This initiative aims to strengthen the brand's presence in the U.S. market while simultaneously fostering growth in international arenas. The team highlighted their confidence in Wendy’s iconic brand, committed employees, passionate franchisees, enhanced operational capabilities, and a robust strategy. All these elements are poised to drive the company toward long-term success.

During the recent fourth-quarter earnings call for 2025, Wendy's leadership shared significant insights into their operational strategies. The management believes that with the right blend of resources and planning, the company is well-equipped to achieve robust growth moving forward.

Furthermore, The Wendy's Company understands the importance of communicating openly with its shareholders. Amidst the ever-evolving market landscape, they remain steadfast in their commitment to transparency. They assert that any forward-looking statements are based on the best expectations available at the time, acknowledging the inherent risks and uncertainties that accompany business forecasts.

In addition, it's vital to point out that the company provides a wealth of information regarding these forward-looking statements in their Annual Reports and other filings. Thus, investors can make informed decisions based on comprehensive data.

Founded in 1969, Wendy's maintains a strong commitment to quality food service worldwide. The company boasts over 7,000 restaurants globally, employing hundreds of thousands of individuals. Known for its Fresh Famous Food philosophy, Wendy’s emphasizes delivering high-quality meals through a unique menu featuring their signature square hamburgers and popular items such as the Spicy Chicken Sandwich, Baconator®, and Frosty® dessert.

Beyond just food, Wendy's is actively involved in philanthropic efforts, notably through the Dave Thomas Foundation for Adoption, which seeks to enhance the adoption rates of children within North America’s foster care system. This social responsibility demonstrates Wendy's deep-rooted philosophy of caring for the communities it serves.

As they move forward amid evolving circumstances and shareholder expectations, The Wendy's Company remains focused on leveraging its strengths. By adhering to their mission and continually adapting to the challenges of the market, Wendy's is determined to satisfy its customers and maximize value for its shareholders, ensuring stability and growth in the years ahead.

For additional information regarding their offerings, potential franchise opportunities, and corporate insights, Wendy's invites you to visit www.wendys.com. Connect with Wendy's on social media platforms such as X, Instagram, and Facebook to stay updated on their latest news and developments.