A&W ANNOUNCES TIMING OF FOURTH QUARTER 2023 RESULTS AND CONFERENCE CALL

TRADING SYMBOL:TSX: AW.UN

VANCOUVER, BC, Feb. 21, 2024 /CNW/ - In conjunction with the release of its Fourth Quarter 2023 Financial Results, the A&W Revenue Royalties Income Fund (AW.UN) will host a conference call at 1:00 p.m. Pacific Time, (4:00 p.m. Eastern Time) on Wednesday, February 28, 2024.

Susan Senecal, President & CEO and Kelly Blankstein, CFO of A&W Food Services of Canada Inc. will review fourth quarter financial results and corporate developments. Selected financial results will be released by newswire on the morning of February 28, 2024 and the Fund's results for the fourth

quarter ended December 31, 2023 will be filed on SEDAR+ at www.sedarplus.ca on February 28, 2024.

The call will be webcast live and may be accessed at https://events.q4inc.com/attendee/274908459.

For participants who wish to ask questions or are unable to join via webcast, please dial one of the following numbers approximately five minutes prior to the commencement of the call and quote "A&W Revenue Royalties" when prompted by the operator or conference ID 74686768:

1-416-764-8624 or 1-888-259-6580 Toll free

For those unable to participate in the live call, a replay will be made available for one year at https://events.q4inc.com/attendee/274908459.

We look forward to having you participate in our call.

SOURCE A&W Revenue Royalties Income Fund

Kelly Blankstein, Chief Financial Officer, A&W Food Services of Canada Inc., [phone], e-mail:[email protected], www.awincomefund.ca