PIZZA PIZZA ROYALTY CORP. ANNOUNCES ELECTION OF DIRECTORS

TORONTO, May 31, 2024 /CNW/ - Pizza Pizza Royalty Corp. (the "Company") (TSX: PZA) announced the results on the election of directors at its Annual General Meeting held May 31, 2024.

At the meeting there were shareholders represented in person or by proxy holding 5,683,265 common shares of the Company, representing 23.09% of the issued and outstanding shares.

Shareholders voted in favor of all items of business. 

The Company's proxy circular provided for five nominees for election to the Board of Directors.  All nominees were elected by a majority vote of shareholders.

Details of proxies tabulated are as follows:

	Votes For	% For	Votes Withheld	% Withheld
Neil Lester	5,491,457	96.63	191,808	3.37
Edward Nash	5,500,189	96.78	183,076	3.22
Michelle Savoy	5,497,238	96.73	186,027	3.27
Jay Swartz	4,583,169	80.64	1,100,096	19.36
Kathryn Welsh	5,314,081	93.50	369,184	6.50

The Company's shares are listed on the Toronto Stock Exchange under the symbol PZA.

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

SOURCE Pizza Pizza Royalty Corp.

Christine D'Sylva, Chief Financial Officer, Pizza Pizza Limited, [phone] ext 393, [email protected]