• Q1 FY26 network sales up 18.6%, driven by comp sales growth and new restaurant openings
• 5 new restaurants opened globally, no closures
• Operational improvements in Australia, including digitised chicken temperature monitoring
• US segment sales momentum continues, driven by comp sales growth and new openings

Guzman y Gomez Limited (GYG) today announced its quarterly results for the period 1 July 2025 to 30 September 2025 (Q1 FY26). GYG continued to drive strong global network sales growth at the start of FY26, supported by continued operational excellence in restaurants. Global network sales increased by 18.6%, driven by comparable sales growth and new restaurant roll-out. During the quarter, 5 new restaurants were opened globally, including 3 in Australia, 1 in Singapore and 1 in the US. There were no restaurant closures during the period. Solid operational progress has been made in Australia, with the rollout of digitised chicken temperature monitoring nationally, reducing the company's largest food safety risk. GYG also continued to digitise its recipes and procedures as part of the Culinary Excellence program, on track for roll-out in Q2 FY26. Daypart expansion and trading hours extension continued, with 23 restaurants trading 24/7 by the end of the quarter. GYG also successfully launched its Caesar menu items on 30 September 2025. In the US segment, sales momentum continued, driven by comparable sales growth and the opening of one new restaurant in Des Plaines. Guest experience metrics remained strong, driven by strong cultural alignment within restaurants and improved operational execution.

Australia Segment underlying EBITDA as a percentage of network sales is expected to expand to 5.9%-6.3% in FY26, compared to 5.7% in FY25. In FY26, GYG expects to open 32 new restaurants in Australia, consisting of 20 franchised restaurants and 12 corporate restaurants, with 23 expected to be drive-thrus and 9 to be strips.

GYG expects sales momentum to improve from the levels achieved in Q1 FY26, and to deliver strong sales growth in FY26 through menu innovation, daypart expansion, operational excellence, marketing and digital initiatives. The launch of the new Caesar menu items has performed well to date and has contributed to an improvement in comparable sales growth post quarter end.