Domino's Pizza Enterprises (DMP) Investor Update summary

Leadership and Strategic Direction

• Group CEO Mark van Dyck will step down effective 23 December 2025, with a global search for his successor underway; Jack Cowin assumes interim Executive Chair to ensure a smooth transition.

• The CEO resignation was voluntary, with no board push; focus is on accelerating cost reduction and operational execution, especially at the store level.

• Board and management are aligned on the need for faster results, particularly in cost savings and franchisee profitability.

• Executive Chair refutes claims of company disarray, highlighting a solid business foundation and ongoing commitment to improvement.

• The transition is positioned as a move to enable the next phase of growth, with strategic foundations in place.

Strategic and Operational Focus

• Commitment to strengthening franchisee profitability and operational simplicity remains.

• Focus on delivering cost efficiency and improved execution across operations.

• Enhancing leadership capability across key markets is a priority.

• Management restructuring has included new appointments in IT, marketing, finance, and regional leadership.

• The turnaround plan for Japan included leadership changes and operational resets.

Financial Performance and Cost Management

• Earnings have been flat for several years, prompting a renewed focus on cost reduction and productivity.

• Significant cost savings are targeted, especially in IT and G&A, to redirect funds toward franchisee support and advertising.

• No need for external capital raising; balance sheet is solid with a debt ratio expected to improve.

• Cost savings will not be entirely redirected to franchisees; allocation will be balanced based on need and market.

• Focus on delivering cost efficiency and improved execution across operations.