BOSTON PIZZA ROYALTIES INCOME FUND AND BOSTON PIZZA INTERNATIONAL INC. TO ANNOUNCE 2022 FIRST QUARTER RESULTS ON MAY 11TH

The Toronto Stock Exchange: BPF.UN

VANCOUVER, BC, April 26, 2022 /CNW/ - Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN) and Boston Pizza International Inc. ("BPI") announced today that they will issue 2022 first quarter results via news release and on the Fund's website at www.bpincomefund.com on the morning of May 11, 2022.

The Fund will host a conference call with BPI's President, Jordan Holm and Chief Financial Officer, Michael Harbinson to discuss the results for the first quarter which ended on March 31, 2022. The call will take place on Wednesday, May 11, 2022 at 6:30 a.m. Pacific Time (9:30 a.m. Eastern Time).

To participate in this conference call, please dial the following toll free number approximately ten minutes prior to the commencement of the call:

                       1-800-319-4610 or 604-638-5340

A replay will be available until June 11, 2022 on the Fund's website or by dialing:

                       1-800-319-6413 or 604-638-9010
             and enter the access code: 8765 followed by # sign.

ABOUT US

The Fund is a limited purpose open ended trust with an excellent track record for investors since its IPO in 2002. Including the March 2022 distribution which is payable on April 29, 2022, the Fund will have paid out 231 monthly distributions and one special distribution totaling $375.2 million or $23.80 per Unit. The Fund earns revenue based on the franchise system sales of the 383 Boston Pizza restaurants in the Fund's royalty pool.

Boston Pizza International Inc. ("BPI") is Canada's number one casual dining brand. The Boston Pizza brand has served communities from coast-to-coast for 58 years since opening its first restaurant in Edmonton, Alberta in 1964. Today Boston Pizza proudly remains a Canadian company with its hundreds of local franchise owners operating more dining rooms, sports bars and patios than any other single brand in the country, along with take-out and delivery. BPI has been recognized as a Platinum Member of Canada's 50 Best Managed Companies and has been a Franchisees' Choice Designation winner for eight consecutive years.

The trustees of the Fund have approved the contents of this news release.

® Boston Pizza Royalties Limited Partnership. All Boston Pizza registered Canadian trade-marks and unregistered Canadian trade-marks containing the words "Boston", "BP", and/or "Pizza" are trade-marks owned by the Boston Pizza Royalties Limited Partnership and licensed by the Boston Pizza Royalties Limited Partnership to Boston Pizza International Inc.

SOURCE Boston Pizza Royalties Income Fund

Michael Harbinson, Chief Financial Officer, Tel: [phone], E-mail: [email protected], www.bpincomefund.com