Attention Business Editors: PIZZA PIZZA ROYALTY CORP. ANNOUNCES MARCH DIVIDEND

TORONTO, March 18, 2022 /CNW/ - Pizza Pizza Royalty Corp. (the "Company") (TSX: PZA) today announced its monthly cash dividend of $0.065 per share for March 2022.

The dividend will be payable to shareholders of record at the close of business March 31, 2022, and will be paid on April 14, 2022.

For tax purposes, the 2022 dividend will be considered a taxable eligible dividend.

www.pizzapizza.ca and www.pizza73.com or www.sedar.com.

SOURCE Pizza Pizza Royalty Corp.

Christine D'Sylva, Chief Financial Officer, Pizza Pizza Royalty Corp., [phone] x 393, [email protected]