X0306 4 2021-06-08 0000030697 Wendy's Co WEN 0001578490 Penegor Todd Allan C/O THE WENDY'S COMPANY ONE DAVE THOMAS BOULEVARD DUBLIN OH 43017 1 1 President & CEO Common Stock 2021-06-08 4 M 0 649626 10.0875 A 1258191 D Common Stock 2021-06-08 4 S 0 649626 26.7248 D 608565 D Employee Stock Option (Right to Buy) 10.0875 2021-06-08 4 M 0 649626 0 D 2026-08-12 Common Stock 649626 0 D The price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.50 to $27.38 per share, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. With tandem net exercise and tax withholding rights. The option vested in three equal installments on August 12, 2017, 2018 and 2019, and is currently exercisable as to all 649,626 shares. /s/ Michael G. Berner, Attorney-in-Fact 2021-06-10