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Applebee’s Selects Toast Technology as New Point of Sale and Kitchen Display Systems Partner

Toast (NYSE: TOST), the digital technology platform built for hospitality, today announced an agreement with Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® restaurants, to implement Toast technology at Applebee’s locations nationwide. In addition to Toast point-of-sale (POS) terminals, Applebee’s restaurants will use Toast Go® handhelds, Toast’s Kitchen Display Systems (KDS), and Restaurant Management Suite Enterprise.

Applebee’s, one of America’s largest casual dining restaurants, will utilize Toast technology to strengthen operational flexibility, provide greater ease of use and responsiveness, improve labor efficiency, and enhance the overall guest experience.

“This is a crucial step in the evolution of our 45-year-old brand,” said Justin Skelton, Chief Information Officer at Dine Brands. “POS and KDS systems are essential to efficient operations and can have major impacts on both the guest and team member experience. We look forward to working with Toast to enhance Applebee’s technology capabilities.”

“Delivering a great guest experience requires that our restaurants have exceptional tools and technology,” said Tom Finocchiaro, Vice President of Operations Services for Applebee’s. “By leveraging technology touchpoints, like handhelds to improve efficiency, our team members will have more time to interact with guests.”

“Applebee’s is an iconic brand and at the heart of so many communities. Like Toast, they are focused on enabling moments that bring people together around a great meal,” said Kelly Esten, Chief Marketing Officer at Toast. “We are thrilled to help Applebee’s and Dine Brands innovate their front- and back-of-house digital experience, while maintaining the best of this brand we know and love.”

Toast currently serves hundreds of multi-unit brands, including Caribou Coffee, Choice Hotels, Potbelly Sandwich Shop, Craveworthy Brands, Perkins American Food Co., Nothing Bundt Cakes, Papa Gino's & D'Angelo, and Costa Vida Fresh Mexican Grill, among others. For more information about Toast and its enterprise capabilities, visit our Toast for Enterprise page.

About Toast

Toast [NYSE: TOST] is a cloud-based, all-in-one digital technology platform purpose-built for the entire restaurant community. Toast provides a comprehensive platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business across point of sale, payments, operations, digital ordering and delivery, marketing and loyalty, and team management. We serve as the restaurant operating system, connecting front of house and back of house operations across service models including dine-in, takeout, delivery, catering, and retail. Toast helps restaurants streamline operations, increase revenue, and deliver amazing guest experiences. For more information, visit www.toasttab.com.

About Applebee’s®

As one of the world’s largest casual dining brands, Applebee’s Neighborhood Grill + Bar serves as America’s kitchen table, offering guests a lively dining experience that combines simple, craveable American fare with classic drinks and local drafts. Applebee’s makes it easy for family and friends to connect with one another, whether it’s in a dining room or in the comfort of a living room, Eatin’ Good in the Neighborhood™ is a familiar and affordable escape from the everyday. Applebee's restaurants are owned and operated by entrepreneurs dedicated to more than serving great food, but also building up the communities that we call home. From raising money for local charities to hosting community fundraisers, Applebee’s is always Doin’ Good in the Neighborhood®. Applebee’s franchise operations consisted of 1,567 Applebee’s restaurants in the United States, two U.S. territories and 15 countries outside the United States, and 47 company-operated U.S. restaurants as of December 29, 2024. This number does not include one domestic Applebee’s ghost kitchen (small kitchens with no store-front presence, used to fill off-premise orders) and four Applebee’s international ghost kitchens. Applebee's is franchised by subsidiaries of Dine Brands Global Inc. [NYSE: DIN], which is one of the world's largest full-service restaurant companies.

Forward-Looking Statements

This press release contains “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the context of the statement and generally arise when Toast or its management is discussing its beliefs, estimates or expectations. Such statements generally include the words “believes,” “plans,” “intends,” “may,” “will,” “expects,” “anticipates,” “outlook,” “continues,” or similar expressions. These statements are not historical facts or guarantees of future performance, but represent the beliefs of Toast and its management at the time the statements were made regarding future events which are subject to certain risks, uncertainties and other factors, many of which are outside Toast’s control. Actual results and outcomes may differ materially from what is expressed or forecast in such forward-looking statements. Forward-looking statements include, without limitation, statements regarding Toast’s business plans and strategy in serving multi-unit customers, the agreement between Toast and Dine Brands Global, Inc. and its impact on Toast’s business and operations, and the implementation of the Toast platform at Applebee’s restaurants.

The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in Toast’s filings with the Securities and Exchange Commission (“SEC”), including in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations'' in Toast’s Annual Report on Form 10-K for the year ended December 31, 2024, and Toast’s subsequent SEC filings. Toast can give no assurance that the plans, intentions, expectations or strategies as reflected in or suggested by those forward-looking statements will be attained or achieved. The forward-looking statements in this release are based on information available to Toast as of the date hereof, and Toast disclaims any obligation to update any forward-looking statements, except as required by law. These forward-looking statements should not be relied upon as representing Toast’s views as of any date subsequent to the date of this press release.

TOST-CORP

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