Bloomin' Brands delivered solid operational improvements in Q3 2025, with management emphasizing a focused turnaround strategy centered on enhancing the guest experience and simplifying restaurant operations.

• Implemented operational changes, including menu simplifications and improved brand positioning, leading to enhanced guest satisfaction metrics.
• Successfully refranchised restaurants in Brazil, streamlining corporate structure and reducing operational complexity.
• Increased profitability through the introduction of value-driven offers in casual dining brands, boosting customer retention and table turnover.
• Continued commitment to test-and-learn culture, with expanded testing of menu innovations and service enhancements across Outback restaurants.
• Strong leadership team established, with significant operational experience, to drive the turnaround efforts across the brand portfolio.