Q4 operating income rises 41.9% year-on-year to Php4.1 billion; full-year system-wide sales up 16.6%

METRO MANILA, PHILIPPINES – Media OutReach Newswire – 21 April 2026 – Jollibee Foods Corporation (PSE: JFC), also known as the Jollibee Group (“JFC” or the “Group”), reported strong full-year 2025 performance, led by record fourth-quarter operating income of Php4.1 billion (up 41.9% year-on-year) and 16.6% full-year system-wide sales (SWS) growth, driven by continued strength across key Asian markets and its broader international platform.

In 2025, the Jollibee Group strengthened its position across Asia while expanding its international footprint, with the international business delivering 27.0% SWS growth for the year. Key Asian markets, including Vietnam—Jollibee’s largest international market by store count for the Jollibee brand—delivered strong performance alongside continued network expansion.

The Group also recorded strong momentum in its coffee and tea segment, with SWS increasing by 44.9% for the full year, supporting diversification of growth drivers and continued store network development.

In Hong Kong, Jollibee continued to strengthen its relevance among consumers, earning recognition as My Favourite Fast-Food Shop at the U Food Favourite Food Awards 2025—reflecting its growing appeal among mainstream local customers.

In Singapore, the Group further expanded its footprint through Jollibee, Coffee Bean & Tea Leaf, and Tim Ho Wan, with 29, 79, and 9 stores, respectively, as of end-2025. Jollibee Singapore was named the No. 1 Fast Food Chain for Customer Service by The Straits Times, while Tim Ho Wan refreshed its flagship Marina Bay Sands store with a more dim sum-centric menu and new offerings at accessible price points—both reinforcing stronger patronage from mainstream local customers alongside its core base.

This sustained performance across markets contributed to the Group’s overall results, with SWS increasing by 16.6% for the full year across its Philippine and international businesses.

The Jollibee Group closed 2025 with its highest fourth-quarter operating income on record, increasing by 41.9% year-on-year.

Ernesto Tanmantiong, Global Chief Executive Officer of JFC, shared the following statement on JFC’s performance: “I’m proud of how our teams performed in 2025. We finished the year with record fourth-quarter operating income—up 41.9% year-on-year—reflecting both strong sales momentum and better operating leverage.

For the full year, we delivered 16.6% system-wide sales growth across our Philippine and international businesses. Coffee and tea continued to build scale with 44.9% system-wide sales growth, and our international business grew system-wide sales by 27.0% as we continued to expand with discipline across our key markets.

In particular, the Jollibee brand sustained strong momentum in Vietnam, its largest international market by store count, supported by continued customer demand and ongoing network expansion.

We opened 1,126 stores during the year, the most in our company’s history, which strengthens our runway for sustained growth. Looking ahead to 2026, our priorities remain clear: profitable growth, operational excellence, and consistent value creation for our shareholders and other stakeholders.”

Note: (1) Amounts in Million Pesos except for Per Share Data

(2) System wide sales (SWS) is a management account, not part of the Audited Financial Statements

(3) Reported growth rates are calculated based on Philippine Peso (PHP) amounts

Consolidated revenues increased by 9.8% for the quarter and 13.0% for the full year, reflecting sustained consumer demand and continued strength across the Group’s core markets.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased by 18.7% to Php9.9 billion (approx. US$169.0 million), while full-year EBITDA rose by 13.8% to Php41.8 billion (approx. US$727.4 million), reflecting solid operational execution and sustained business momentum across key markets.

Operating income recorded a significant increase of 41.9% in the fourth quarter to Php4.1 billion (approx. US$70.6 million), representing the highest fourth-quarter operating income in the Company’s history, with operating income margin expanding by 110 basis points year-on-year. The growth was supported by revenue momentum and improved expense efficiencies, including better optimization of general and administrative and advertising and promotion expenditures during the period.

For the full year, operating income expanded by 19.3% to Php20.1 billion (approx. US$350.4 million), accompanied by a 30-basis-point year-on-year improvement in operating income margin, reflecting sustained cost discipline and operating leverage across the business.

Net income attributable to equity holders of the Parent Company grew by 20.1% to Php2.2 billion (approx. US$37.8 million) in the fourth quarter and by 5.4% to Php10.9 billion (approx. US$189.0 million) for the year. The difference in growth rates relative to operating income primarily reflects higher financing costs and tax provisions during the period.

Basic earnings per share (EPS) increased by 20.8% to Php1.902 (approx. US$0.032) for the quarter and by 6.0% to Php9.386 (approx. US$0.163) for the full year.

Full Year 2026 Guidance

Based on its target for 2026, JFC projects full year system-wide sales growth to be in the range of 8%–12%, with same store sales growth of 4%–6% and store network increase of 5%–10%. Operating income growth will be in the range of 15%–18%.

JFC plans to expand network by 1,200 to 1,300 stores (gross) in 2026 and expects capital expenditures (CAPEX) range to be further reduced to Php13.0 to 16.0 billion.

Forward-Looking Statement Disclaimer

The foregoing disclosure contains forward-looking statements that are based on certain assumptions of Management and are subject to risks and opportunities or unforeseen events. Actual results could differ materially from those contemplated in the relevant forward-looking statement, and JFC gives no assurance that such forward-looking statements will prove to be correct, or that such intentions will not change. This Press Release discloses important factors that could cause actual results to differ materially from JFC’s expectations. All subsequent written and oral forward-looking statements attributable to JFC or person acting on behalf of JFC expressly qualified in their entirety by the above cautionary statements.

Hashtag: #JollibeeGroup

The issuer is solely responsible for the content of this announcement.

About Jollibee Group

Jollibee Foods Corporation (PSE: JFC) (also known as “JFC”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio which includes 19 brands with over 10,000 stores and cafés across 33 countries.

JFC’s portfolio includes nine wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and has recently invested in Botrista, a leader in beverage technology.

JFC’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

JFC has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a five-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.

To learn more about Jollibee Group, visit www.jollibeegroup.com

Founded in 1999 and currently valued at over SGD 20 billion, iFLYTEK has accelerated its overseas footprint since 2019. According to data shared during the event, the company established its Singapore office in 2024 and has already surpassed 10,000 units in hardware sales, generating approximately RMB 200 million (SGD 40-50 million) in revenue. Regional business growth exceeded 200 percent last year, a figure executives described as exceeding internal forecasts.

“Singapore’s National AI Strategy 2.0 positions multilingual capability as fundamental infrastructure,” a company spokesperson stated. “Our advantage lies not merely in translation, but in integrating real-time, mixed-language processing into enterprise workflows—such as our smart notetakers that transcribe and summarize meetings conducted in blended English, Mandarin, and Malay without manual language switching.”

The company highlighted deepening local partnerships, including collaboration with platforms like Shopee for supply chain services, local broadcasters for multilingual subtitle generation, and major transportation hubs for communication solutions.

Addressing concerns regarding workforce displacement, iFLYTEK emphasized a philosophy of augmentation over replacement. “AI handles repetitive mechanical tasks, allowing professionals to focus on context, emotion, and creative strategy—domains where human expertise remains irreplaceable,” the spokesperson noted. The firm is actively supporting workforce transition through internal role re-skilling and user education programs.

On geopolitical shifts, iFLYTEK acknowledged a recalibration of global strategy, noting that while the Middle East remains a key pillar, recent events have prompted an accelerated investment in Southeast Asia. The company projects both its Singapore-based headcount and overall business scale to grow by over 50 percent within the coming year, driven by new product launches in wearable AI and deeper localized development.

In conclusion, iFLYTEK’s deepening investment in Singapore signals more than commercial expansion—it represents a strategic alignment with the nation’s vision for inclusive, multilingual AI. As the company scales its local workforce and product ecosystem, it aims to demonstrate that technological progress and workforce empowerment can advance in parallel across Southeast Asia.

Hashtag: #iFLYTEK

The issuer is solely responsible for the content of this announcement.

• Significant reductions in energy consumption, CO₂ emissions, and operating costs for energy-intensive industries
• Growing demand highlights strong market potential for sustainable heating technologies

NUREMBERG, GERMANY – Newsaktuell – 21 April 2026 – Innomotics, a globally leading supplier of electric motors and large drive systems, is advancing the decarbonization of industrial heat processes with its solutions for industrial heat pumps. By electrifying the heat process, companies can significantly improve energy efficiency, reduce emissions, and lower long-term operating costs.

Industrial heating is one of the largest contributors to global energy consumption, with more than 70 percent of process heat still generated from fossil fuels. Industrial heat pumps offer a highly efficient alternative by upgrading ambient and waste heat to usable temperature levels of up to 150°C. This makes them a key technology for reducing CO₂ emissions and achieving global climate targets.

The electrification of heat processes is a critical step in industrial transformation. Heat pumps deliver thermal output several times higher than the electrical energy input, making them one of the most efficient technologies for converting electricity into heat. When powered by renewable energy, CO₂ emissions can be virtually eliminated.

Innomotics provides a comprehensive portfolio of high- and low-voltage motors as well as medium-voltage drives to ensure reliable and efficient operation of heat pump compressors. The systems are designed for maximum availability, enabling operation for up to five years without scheduled shutdowns, and can be seamlessly integrated into existing industrial processes.

In addition to environmental benefits, operators gain from significantly lower operating costs, reduced maintenance requirements, and system availability of up to 99.9 percent. Industrial heat pumps also enable new opportunities for waste heat recovery and integration into district heating networks.

A flagship example is the largest heat pump system in the Netherlands, where heat is recovered daily from 65 million liters of treated wastewater. With Innomotics solutions, the system supplies district heating to around 20,000 households, covers approximately 15 percent of regional heat demand, and reduces CO₂ emissions by about 30,000 tons annually.

“Industrial heat pumps are a key technology for the energy transition and energy addition. They enable efficient use of existing heat sources while significantly reducing emissions. With our drive solutions, we provide the foundation for a sustainable and economically viable heat supply in industry,” says Michael Reichle, CEO of Innomotics.

He adds, “Operators are under pressure to make their processes both more efficient and more sustainable. Our technologies offer a scalable and economically a very attractive solution that supports the transition to electrified, low-carbon industrial operations.”

Recently awarded industrial heat pumps projects

Innomotics supplies key drive technology for world’s largest industrial heat pump at BASF, Germany:
Innomotics GmbH has received a major order from Piller Blowers & Compressors GmbH to deliver 11 water-cooled HV M high-voltage motors and GH180HC medium-voltage converters. The systems will be deployed in the world’s most powerful industrial heat pump at BASF in Ludwigshafen.

Designed specifically for the requirements of PILLER and BASF, the Innomotics solutions combine compact design, high efficiency, and long-term reliability. The heat pump system will generate up to 500,000 tons of steam per year, while the water-cooled drive technology ensures low noise emissions and efficient, continuous operation.

Largest heat pump system in the Netherlands supplies 20k households with sustainable district heat
The Dutch energy company Eneco is pursuing climate neutrality by leveraging aquathermal energy from wastewater to supply district heating networks in Utrecht and Nieuwegein. At the core of the Netherlands’ largest heat pump system, advanced motor and drive solutions from Innomotics enable the recovery of heat from around 65 million liters of treated wastewater per day. This results in a highly efficient and sustainable solution: approximately 30,000 tons of CO₂ emissions are saved annually, around 20,000 households are supplied with district heating, about 15 percent of Utrecht’s heat demand is covered, and 27 MW of thermal energy is generated.

Innomotics powers wastewater-based district heating in Amiens, France:
With high-performance motor and drive solutions from Innomotics, Amiens Énergies is transforming treated wastewater into sustainable district heating. At the core of the system, 24 compact SD motors drive six large ammonia heat pumps, generating 18 MW of clean heat and supplying around 26,800 households.

By recovering thermal energy from 8.5 million m³ of wastewater annually, the solution reduces CO₂ emissions by approximately 41,000 tons per year while enabling a renewable energy share of over 70 percent. The robust and efficient Innomotics motors ensure reliable continuous operation under demanding industrial conditions, making the project a benchmark for climate-neutral urban heating.

Innomotics enables efficient industrial heat pump operation in Finland:
At a major industrial heat pump installation in Finland, Innomotics supplied advanced drive technology to increase overall plant efficiency in a connected paper mill.

Innomotics delivered a variable frequency drive for a centrifugal compressor, supporting a 6.1 MW motor (6.6 kV, 2-pole). The system recovers process heat and feeds it back into operations, improving efficiency while reducing energy consumption and emissions.

Additional Industrial Heat Pumps materials:
Our benefits and solutions for industrial heat pump technology
Explore the 3D visualization in our virtual world: Innomotics Electrosphere

For more information, visit https://www.innomotics.com/hub/en/applications/industrial-heat-pumps
Follow us on LinkedIn: www.linkedin.com/company/innomotics

For more information, visit www.innomotics.com.

Hashtag: #Innomotics

The issuer is solely responsible for the content of this announcement.