Slide 1: Krispy Kreme, Inc. ICR Conference 2026
Krispy Kreme, Inc. ICR CONFERENCE 2026 JANUARY 12, 2026 Krispy Kreme | ICR Conference 2026 1
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements Certain information included in this presentation and discussed on the webcast that this presentation accompanies are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including with relation to
Slide 3: Leader in high-quality fresh doughnuts, loved around the world
Leader in high-quality fresh doughnuts, loved around the world ~15,000 >90% of 1B+ 40+ ~2,100 fresh delivery sales from doughnuts countries shops points of doughnuts sold annually access Krispy Kreme | ICR Conference 2026 3
Slide 4: Krispy Kreme has significant growth potential
Krispy Kreme has significant growth potential 24% 20% Fresh Digital >100B ~13% Delivery (part of Retail) media U.S. household impressions 1 penetration 2 76% Retail U.S. Sales by Channel 1) In FY24 2) Reflects the number of consumers who made a Krispy Kreme purchase at a physical or digital retail l
Slide 5: Our Turnaround Plan: Deleverage the Balance Sheet and Drive Sustainable, Profitable Growth
Our Turnaround Plan: Deleverage the Balance Sheet and Drive Sustainable, Profitable Growth Refranchise Drive ROIC Improve financial flexibility through Reduce capital intensity by using refranchising international markets and existing assets and focusing on restructuring the joint venture in the fra
Slide 6: ~$65M Refranchise
~$65M ~300 89 expected current current Refranchise proceeds from fresh shop Japan delivery locations refranchising - points of net proceeds to be used for access debt paydown 1 1) The Company announced December 19, 2025 that it reached an agreement to sell its operations in Japan. Cash proceeds are
Slide 7: Drive ROIC
Record- Drive ROIC breaking opening $1M sales in first 17 days 48 fresh delivery points of access Minneapolis, MN Krispy Kreme | ICR Conference 2026 Opened November 20257
Slide 8: Drive ROIC / Expand Margins
Leveraging existing Drive ROIC Expand Margins Outsourcing doughnut U.S. logistics production capacity ~25% 54% U.S. network U.S. logistics utilization outsourced Krispy Kreme | ICR Conference 2026 1) 3Q24 8
Slide 9: Quality Growth
Quality Growth Krispy Kreme | ICR Conference 2026 9
Slide 10: Original Glazed, Refreshed Core Menu, Rotating Seasonal Varieties
The iconic Original Glazed Refreshed Core Menu Rotating Seasonal Varieties Limited Time Offerings Krispy Kreme | ICR Conference 2026 10
Slide 11: Our Turnaround Plan: Deleverage the Balance Sheet and Drive Sustainable, Profitable Growth
Our Turnaround Plan: Deleverage the Balance Sheet and Drive Sustainable, Profitable Growth Refranchise Drive ROIC Improve financial flexibility through Reduce capital intensity by using refranchising international markets and existing assets and focusing on restructuring the joint venture in the fra