BOSTON PIZZA ROYALTIES INCOME FUND AND BOSTON PIZZA INTERNATIONAL INC. TO ANNOUNCE 2024 THIRD QUARTER RESULTS ON NOVEMBER 7TH

The Toronto Stock Exchange: BPF.UN

VANCOUVER, BC, Oct. 23, 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 third quarter results via news release and on the Fund's website at www.bpincomefund.com on the morning of November 7, 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 third quarter which ended on September 30, 2024. The call will take place on Thursday, November 7, 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 December 7, 2024 on the Fund's website or by dialing:

                     1-855-669-9658 or 1-412-317-0088
                     and enter the access code: 9136743 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 September 2024 distribution which is payable on October 31, 2024, the Fund will have paid out 261 monthly distributions and two special distributions totaling $444.4 million or $27.04 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 is the premier casual dining brand in Canada. The first Boston Pizza restaurant opened in Edmonton, Alberta in 1964 and 60 years later Boston Pizza proudly remains a 100% Canadian company serving communities from coast-to-coast-to-coast. It boasts a vast network of local franchise owners who collectively operate the largest number of dining rooms, sports bars, and patios across the nation, complemented by robust takeout and delivery services.  BPI has been recognized as a Franchisees' Choice Designation winner and a Platinum Member of Canada's 50 Best Managed Companies for many years, and has received awards from Great Place To Work in the categories of Best Workplaces: in Canada – 100-999 Employees, in Retail & Hospitality, for Mental Wellness, for Women, for Giving Back, and with Most Trusted Executive Teams.

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