Press Release

Denny’s Announces Expansion Into United Kingdom

New Franchise Agreement to Bring First Denny’s Locations to Europe

Media Contact:

Christine Beggan, ICR
203-682-8329
Christine.Beggan@icrinc.com

SPARTANBURG, S.C. (Oct. 19, 2017) – Denny’s Corporation (NASDAQ: DENN), one of the world's largest full-service family dining chains, today announced its expansion into Europe through a franchise agreement with Denny’s Magic Diners U.K., led by seasoned franchise executive Leon Esfahani. The agreement will bring 10 locations to the United Kingdom over the next several years, with the first expected to open in Wales by the end of the year.

“We believe there is considerable opportunity to grow the brand internationally, and are confident that Leon Esfahani and his team’s experience with leading restaurant brands makes him the right partner to introduce the Denny’s experience to the United Kingdom, and more broadly Europe, for the first time,” stated John Miller, Denny’s President and CEO. “Our expanding global footprint has attracted new interest from a number of franchisees and we continue to have an active pipeline for growth as we gain momentum beyond North America.”

Mr. Esfahani’s restaurant experience includes operating franchised locations for leading global brands, including Starbucks and Pizza Hut. His first Denny’s location is expected to open in Swansea, Wales, by the end of 2017.

“I have long been a fan of the Denny’s brand and am honored to bring what I view as a truly unique concept to the United Kingdom,” added Mr. Esfahani, franchisee for Denny’s. “Denny’s serves up a welcoming atmosphere paired with a broad menu of favorites across all day parts, and I am thrilled to introduce the Denny’s diner experience to the local community.”

Steve Dunn, Denny’s Senior Vice President & Chief Global Development Officer, added: “Denny’s is one of the fastest growing family-dining chains across the globe and it is very exciting to add the United Kingdom to our expanding list of new countries offering our unique diner experience. We look forward to finding more qualified partners like Mr. Esfahani and his team to further expand Denny’s international footprint.”

About Denny’s Corp.

Denny’s is one of America’s largest full-service family restaurant chains, currently operating over 1,700 franchised, licensed and company-owned restaurants across the United States, Canada, Puerto Rico, New Zealand, Mexico, Costa Rica, Dominican Republic, Honduras, Guam, the United Arab Emirates, Chile, Curaçao, El Salvador, and Trinidad and Tobago, and the Philippines. For further information on Denny's, including news releases, please visit the Denny’s website at www.dennys.com or the brand’s social channels via Facebook, Twitter, Tumblr, Instagram, Instagram or YouTube.