JustKitchen signs an agreement to serve IHOP® in Taiwan

Company strikes deal with Dine Brands to sell IHOP®Iconic food items from multiple Ghost Kitchen locations

VANCOUVER, BC, April 26, 2022 /CNW/ – Just Kitchen Holdings Corp. (“JustKitchen” or the “Company”) (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z), a ghost kitchen technology operator specializing in the development of delivery-only food brands, is pleased to announce an agreement (the “Deal“) with Dine Brands International, Inc. (“Restaurant brands“) to sell IHOP®Famous pancakes, breakfast combos, omelettes, burritos, bowls and more from at least seven of its ghost kitchens at Taiwan. The initial seven locations are selected by the company’s Data Science team to further its analysis of the data to optimize product market fit, with additional deployments to follow. I JUMP®JustKitchen’s innovative menu with easy portability in mind will be offered to consumers only delivered via mobile apps and prepared at JustKitchen’s locations in Neihu, Baden, Zhonghe, Fuzhou, Renai, Minsheng and Sanchong. The agreement grants JustKitchen the right to cook and prepare IHOP® meals using Dine Brands approved ingredients and recipes.

For over 63 years, IHOP® has been a leader, innovator and expert when it comes to breakfast, any time of the day. The chain offers 65 different breakfast options that are fresh and cooked to order, as well as a wide selection of popular dishes for lunch and dinner. From September 30, 2021there are 1,750 IHOPs® restaurants around the world, including restaurants in United States and the District of Colombia, Porto Ricoand Guam as well as Canada, Ecuador, India, Mexico, Pakistan, Panamaand Peru. Once IHOP® is successfully launched by JustKitchen in Taiwanthe Company will endeavor to offer the brand in its other current markets.

Management commentary

“We are excited to be working with Dine Brands and our data analytics show that the kitchen gap and demand exists for JustKitchen to begin serving IHOP.® to new and existing customers in the Asia Pacific Region. I am proud of our team for continuing to add to our portfolio of global brands and for being able to bring such an iconic brand as IHOP.® to the food market in delivery only Taiwan,” mentioned Jason Chen, co-founder and CEO of JustKitchen. “Dine Brands and JustKitchen are committed to offering and marketing the IHOP® brand and bring its international appeal to our customers. Additionally, we will work hard to make this deal a success and look forward to identifying future growth opportunities with Dine Brands,” Mr. Chen added.

“At Dine Brands, we continue to grow the international presence of our iconic brands through multiple channels, including innovative ghost kitchens,” said Gary MooreRegional Vice President of Franchise Operations, Dine Brands Global, Inc. “Through our partnership with JustKitchen, we will now be able to serve IHOP®the world famous pancakes and comfort foods familiar to residents of Taiwan.”

ABOUT DINE BRANDS GLOBAL, INC.

Situated at Glendale, CaliforniaDine Brands Global, Inc. (NYSE: DIN), through its subsidiaries, franchises restaurants under Applebee’s Neighborhood Grill + Bar and IHOP® brands. With approximately 3,440 combined restaurants in 16 countries and approximately 350 franchisees, Dine Brands is one of the largest full-service restaurant companies in the world. For more information about Dine Brands, visit the company’s website at www.dinebrands.com.

ABOUT JUSTKITCHEN

JustKitchen is primarily a technology-driven and enabled ghost kitchen operator specializing in the development and marketing of proprietary and franchise-only food brands for delivery to customers. The Company currently operates in Taiwan, Singapore and hong kong with plans to expand its operations to other Asian countries. JustKitchen uniquely utilizes a hub and spoke operating model, which includes advanced food preparation in larger central kitchens and final meal preparation in smaller spoke kitchens located in high-density areas. The company combines this operating model with online and mobile app-based food ordering performed by third-party delivery companies, to minimize capital investment and operating expenses and reach more customers on underserved markets. The company’s other business, JustMarket, is an online grocery delivery platform that allows customers to purchase groceries for delivery or add certain grocery items to meals ordered through JustKitchen. .

For more information about the Company, please visit investors.justkitchen.com. JustKitchen’s final prospectus, financial statements and MD&A, among other documents, are all available on the company’s profile page on SEDAR at www.sedar.com.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This press release contains certain “forward-looking statements” within the meaning of such statements under applicable securities laws. Forward-looking statements are often characterized by words such as “expects”, “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “expects”, ” believes”, “may”, “will”, “potential”, “proposed”, “positioned” and other similar words, or statements that certain events or conditions “may” or “will” occur, including , but not limited to, the Company’s comments regarding the finalization of the menu in the near future; offering IHOP®-branded meals delivered to consumers only via mobile apps and prepared at seven sites in Taiwan; and offering IHOP®– branded food products hong kong, The Philippines and Singapore, as well as others, in the future. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release. Forward-looking statements are based on the opinions and estimates of management as of the date they are made and are subject to various risks, including the risk factors identified in the Company’s prospectus dated March 26, 2021, and the uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. expressly requires.

SOURCEJust Kitchen Holdings Corp.

For further information: Just Kitchen Holdings Corp. Suite 1430, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6, Nick Kuzyk, Investor Relations, Toll Free: 1-855-JST-KCHN (1-855-578-5246), Email: [email protected]

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