BOSTON PIZZA ROYALTIES INCOME FUND AND BOSTON PIZZA INTERNATIONAL INC. TO ANNOUNCE 2024 SECOND QUARTER RESULTS ON AUGUST 2ND

The Toronto Stock Exchange: BPF.UN

VANCOUVER, BC, July 18, 2024 /CNW/ - Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN) and Boston Pizza International Inc. ("BPI") announced today that they will issue 2024 second quarter results via news release and on the Fund's website at www.bpincomefund.com on the morning of August 2, 2024.

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 second quarter which ended on June 30, 2024. The call will take place on Friday, August 2, 2024 at 8:30 a.m. Pacific Time (11:30 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:

                       1-844-763-8274 or [phone]

A replay will be available until September 2, 2024 on the Fund's website or by dialing:

                      1-855-669-9658 or [phone]
                      and enter the access code: 0814 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 June 2024 distribution which is payable on July 31, 2024, the Fund will have paid out 258 monthly distributions and two special distributions totaling $437.2 million or $26.70 per unit. The Fund earns revenue based on the franchise system sales of the 372 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 60 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 both a Franchisees' Choice Designation winner and a Platinum Member of Canada's 50 Best Managed Companies for many 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. BP 60^th Anniversary design is a trademark of Boston Pizza Royalties Limited Partnership, used under license.

SOURCE Boston Pizza Royalties Income Fund

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