Restaurant Brands International Inc.

good morning and welcome to the restaurant brand international fourth quarter 2022 earnings conference call all participants will be in listen only mode should you need assistance please signal a conference specialist by pressing the star key followed by zero after today's presentation there will be an opportunity to ask questions to ask a question you may press star then one on your telephone keypad you will hear a tone to confirm that you are in the queue to exit the question queue you may press star then two All callers will be limited to one question. Please note this event is being recorded. I would now like to turn the conference over to Kendall Peck, RBI's Head of Investor Relations. Please go ahead.

Thank you, operator. Good morning, everyone, and welcome to Restaurant Brands International's earnings call for the fourth quarter and year ended December 31st, 2022. As a reminder, a live broadcast of this call may be accessed on the Investor Relations webpage at rbi.com forward slash investors, and a recording will be available for replay. Joining me on the call today are Restaurant Brands International's Executive Chairman, Patrick Doyle, CEO, Jose Phil, COO, Josh Kopsa, and CFO, Matt Dunagan. Today's earnings call contains forward-looking statements, which are subject to various risks set forward in the press release issued this morning and in our SEC filings. In addition, this earnings call includes non-GAAP financial measures. Reconciliations of non-GAAP financial measures are included in the press release available on our website. During portions of the call today, we will be referencing franchisee profitability measures that are preliminary internal estimates based on unaudited, self-reported franchisee results. We will also be referencing three-year comparisons for system-wide sales growth and comparable sales, which are calculated on a geometric tax basis by using the 2020, 2021, and 2022 disclosed growth metrics. In addition, the consolidated growth metrics discussed during the prepared remarks, including consolidated system-wide sales growth, net restaurant growth, and organic adjusted EBITDA growth, exclude the results from firehouse subs, which we acquired on December 15, 2021, to reflect comparable year-over-year growth figures. And now I'll turn the call over to Patrick.

Good morning, everyone. I'm excited to be part of my first earnings call at RBI. It's been about 90 days since I joined the company, and I've been so impressed by the teams I've met and the franchisees who have welcomed me into their restaurants in Miami, Toronto, Jacksonville, Zurich, and Madrid. I know you've all seen our press release this morning announcing Josh Kobza as our new CEO as of March 1st. Both Josh and Jose are here with me on the call today along with Matt as we get into the details of the quarter. Jose, on behalf of the entire board of directors and literally thousands of employees and franchisees who you've worked with over more than 20 years, I want to thank you for your tireless hard work, enthusiasm for our brands, and huge contributions. We're a stronger company today because of the many roles that you've led over the years and I can't thank you enough. Jose has agreed to stay with us for the next year as an advisor and he's committed to helping me and Josh in every way he can. I'd like to now hand the call over to Jose to say a few words.