Toronto, Ontario, January 21, 2022 - Pizza Pizza Royalty Corp. (the "Company") (TSX: PZA) today announced its monthly cash dividend of $0.06 per share for January 2022.

The dividend will be payable to shareholders of record at the close of business January 31, 2022, and will be paid on February 15, 2022.

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

For further information:

Christine D'Sylva, Chief Financial Officer, Pizza Pizza Royalty Corp.(416) 967-1010 x 393 cdsylva@pizzapizza.ca
www.pizzapizza.ca and www.pizza73.com or www.sedar.com.

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Pizza Pizza Royalty Corp. published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 15:53:09 UTC.