1 unchanged sentence
The following tables provide the locations of our restaurants.
−Removed: We define “North America” as the United States and Canada and “Domestic” as the contiguous United States.
+Added: “Domestic” is defined as within the contiguous United States, and “North America” includes Domestic and Canada.
North America Restaurants:
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Alabama 3 81 84
−Removed: Alaska — 10 10
Arizona — 64 64
43 unchanged sentences
Wyoming — 12 12
−Removed: Papa John’s Restaurants 539 2,752 3,291
+Added: Papa Johns restaurants 462 2,832 3,294
Canada — 229 229
−Removed: Total North America Papa John’s Restaurants 539 2,975 3,514
+Added: Total North America Papa Johns restaurants 462 3,061 3,523
______________________________
−Removed: (a) Company-owned Papa John’s restaurants include re staurants owned by majority-owned subsidiaries.
−Removed: There were 98 such restaurants at December 29, 2024 (59 in Maryland, 26 in Virginia, and 13 in G eorgia).
+Added: (a) Company-owned Papa Johns restaurants include re staurants owned by majority-owned subsidiaries.
+Added: There were 13 such restaurants at December 28, 2025 in G eorgia.
International Restaurants:
4 unchanged sentences
Bulgaria — 6 6
−Removed: Cambodia — 7 7
Chile — 169 169
4 unchanged sentences
Dominican Republic — 25 25
+Added: DR Congo — 4 4
Ecuador — 30 30
7 unchanged sentences
Kazakhstan — 13 13
+Added: Kenya — 10 10
Kuwait — 46 46
−Removed: Kyrgyzstan — 3 3
Mexico — 46 46
4 unchanged sentences
Panama — 37 37
−Removed: Philippines — 7 7
Poland — 17 17
12 unchanged sentences
Venezuela — 14 14
−Removed: Total International Papa John’s Restaurants 13 2,503 2,516
−Removed: Most Papa John’s Company-owned restaurants are located in leased space.
+Added: Total International Papa Johns restaurants 13 2,547 2,560
+Added: Most Papa Johns Company-owned restaurants are located in leased space.
The initial term of most Domestic restaurant leases is five years with most leases providing for one or more options to renew for at least one additional term.
−Removed: the leases are triple net leases, which require us to pay all or a portion of the cost of insurance, taxes and utilities.
−Removed: As a result of assigning our interest in obligations under property leases as a condition of the refranchising of certain restaurants, we are also contingently liable for payment of approximately 81 Domestic leases.
+Added: Generally, the leases are triple net leases, which require us to pay all or a portion of the cost of insurance, taxes and utilities.
+Added: result of assigning our interest in obligations under property leases as a condition of the refranchising of certain restaurants, we are also contingently liable for payment of approximately 80 Domestic leases.
Our restaurant support center in Atlanta, Georgia, is located in a leased space.
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Our restaurant support center located in Louisville, Kentucky is in a building owned by us.
−Removed: We also maintain a Company-owned office and a full-service QC Center outside of London, UK, where our International operations are managed.
+Added: We also maintain a Company-owned office and a full-service QC Center outside of London, England, where our International operations are managed.
At December 28, 2025, we leased and subleased approximately 330 Papa John’s restaurant sites to franchisees in the UK.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.