Triarc Companies, Inc. is a holding company and, through its subsidiaries, the franchisor of the Arby's® restaurant system and the owner and operator of over 1,000 Arby's restaurants located in the United States. With approximately 3,700 restaurants primarily in the United States, Arby's is the largest restaurant chain specializing in the roast beef sandwich segment of the quick service restaurant ("QSR") industry in the United States. According to Nation's Restaurant News, Arby's is the 12th largest QSR chain overall.

The Arby's experience aims to offer a premium menu at QSR speed. Anchoring Arby's menu for the past 40 years is its unique roast beef sandwich, as well as other signature products. Arby's also has an extensive line of premium products under the Market Fresh® brand name. The Market Fresh line of products includes sandwiches, wraps, toasted subs and salads.

To facilitate its transition to a "pure play" restaurant company and to reduce corporate costs, Triarc has consolidated substantially all of its corporate operations and headquarters in Atlanta, GA with its Arby's Restaurant Group ("ARG") operations and has transferred its senior executive responsibilities from its New York City offices to the ARG executive team in Atlanta. The transition is expected to result in significant annual corporate cost savings. The amount of such savings has yet to be finalized.

In connection with the corporate restructuring, and in light of the departure of nearly all of the senior members of Triarc's former management team, Triarc entered into a 2-year transition services agreement with Trian Fund Management, L.P. ("Trian Mgmt."), an investment management firm that was founded in November 2005 by Nelson Peltz, Peter W. May and Edward P. Garden, pursuant to which Trian Mgmt. provides Triarc with a range of services to be the former Triarc officers and employees who are employed by Trian Mgmt., including consultation and advice in connection with strategy, mergers and acquisitions, capital markets transactions, legal, accounting, tax, corporate development, finance and investment banking, investor relations and corporate communications and other professional and strategic services.

Peltz and May, who together beneficially own approximately 10.7 million shares of Class A Common Stock and 13.9 million shares of Class B Common Stock, Series 1, constituting approximately 34% of Triarc's voting power, continue to be large shareholders of Triarc. Peltz currently serves as non-executive Chairman of Triarc and May as non-executive Vice Chairman of Triarc.

Triarc Companies, Inc. has a capital structure that utilizes two classes of common stock:  Class A (NYSE ticker symbol: TRY) and Class B, Series 1 (NYSE ticker symbol TRY.B).

Triarc's corporate predecessor was incorporated in Ohio in 1929. Triarc was reincorporated in Delaware, by means of a merger, in June 1994.