UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-15283 Dine Brands Global, Inc. (Exact name of registrant as ...

Dine Brands Global, Inc. (NYSE:DIN) Q3 2021 Earnings Conference Call November 4, 2021 9:00 AM ET Company Participants Ken Diptee - Executive Director, Investor Relations John Peyton - Chief Executive Officer Vance Chang - Chief Financial Officer John Cywinski - President, Applebee's Jay Johns - President IHOP Conference Call Participants Brian Mullan - Deutsche Bank Jake Bartlett - Truist Securities Brian Vaccaro - Raymond James Eric Gonzalez - KeyBanc Capital Markets Brett Levy - MKM Partners Jeffrey Berns ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-15283 Dine Brands Global, Inc. (Exact name of registran ...

Dine Brands Global, Inc. (NYSE:DIN) Q2 2021 Earnings Conference Call August 5, 2021 12:00 PM ET Company Participants Ken Diptee - Executive Director, IR John Peyton - CEO Vance Chang - CFO Jay Johns - President, IHOP John Cywinski - President, Applebee's Conference Call Participants Brian Mullan - Deutsche Bank Jake Bartlett - Truist Securities Brian Vaccaro - Raymond James Eric Gonzalez - KeyBanc Capital Brett Levy - MKM Partners Nick Setyan - Wedbush Securities Operator Ladies and gentlemen, thank you for ...

PART I. FINANCIAL INFORMATION [Item 1. Financial Statements](index=3&type=section&id=Item%201%E2%80%94Financial%20Statements) Presents unaudited consolidated financial statements for Q2 2021, reflecting a significant recovery from a net loss to net income driven by increased revenues [Consolidated Balance Sheets](index=3&type=section&id=Consolidated%20Balance%20Sheets) Total assets decreased to **$1.90 billion** and liabilities to **$2.18 billion** by June 30, 2021, while stockholders' deficit improved Consolidated Balance Sheet Summary (in thousands) | Balance Sheet Item | June 30, 2021 (Unaudited) | December 31, 2020 | | :--- | :--- | :--- | | **Total Assets** | **$1,895,923** | **$2,074,945** | | Cash and cash equivalents | $259,461 | $383,369 | | **Total Liabilities** | **$2,178,674** | **$2,429,596** | | Long-term debt | $1,278,504 | $1,491,996 | | **Total Stockholders' Deficit** | **$(282,751)** | **$(354,651)** | [Consolidated Statements of Comprehensive Income](index=4&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income) Q2 2021 saw a significant turnaround with **$233.6 million** in revenues and **$29.4 million** net income, reversing a prior-year net loss Q2 & YTD 2021 vs 2020 Performance (in thousands, except per share data) | Metric | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | Six Months Ended June 30, 2021 | Six Months Ended June 30, 2020 | | :--- | :--- | :--- | :--- | :--- | | **Total Revenues** | **$233,619** | **$109,712** | **$437,818** | **$316,596** | | Gross Profit | $98,877 | $30,122 | $184,163 | $114,549 | | **Net Income (Loss)** | **$29,362** | **$(134,779)** | **$54,965** | **$(112,451)** | | Diluted EPS | $1.69 | $(8.33) | $3.19 | $(6.96) | - Q2 2020 net loss was significantly impacted by **$124.4 million** in impairment and closure charges, versus **$2.6 million** in Q2 2021[15](index=15&type=chunk) [Consolidated Statements of Cash Flows](index=7&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Operating activities generated **$106.0 million** cash in H1 2021, a significant improvement, while financing activities used **$220.4 million** for debt repayment Cash Flow Summary for Six Months Ended June 30 (in thousands) | Cash Flow Category | 2021 | 2020 | | :--- | :--- | :--- | | **Cash flows provided by (used in) operating activities** | **$106,016** | **$(10,517)** | | Cash flows provided by investing activities | $6,348 | $2,097 | | **Cash flows (used in) provided by financing activities** | **$(220,419)** | **$178,436** | | Net change in cash, cash equivalents and restricted cash | $(108,055) | $170,016 | - The **$220.0 million** repayment of the revolving credit facility was the primary driver for 2021's large cash outflow from financing activities[25](index=25&type=chunk) [Notes to Consolidated Financial Statements (unaudited)](index=8&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements%20(unaudited)) Detailed notes cover accounting policies, revenue recognition, debt covenants, and COVID-19 impacts, including franchisee fee deferrals and debt management - As of June 30, 2021, **98%** of domestic Applebee's and IHOP restaurants operated at **100% capacity**, a significant improvement from 2020 restrictions[35](index=35&type=chunk) - The company collected **98%** of Applebee's and **87%** of IHOP franchisee deferrals by June 30, 2021, provided during the pandemic[37](index=37&type=chunk) Disaggregated Franchise Revenue (in thousands) | Revenue Type | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | | :--- | :--- | :--- | | Royalties | $78,124 | $31,011 | | Advertising fees | $72,324 | $29,095 | | Pancake and waffle dry mix sales and other | $13,525 | $4,037 | | Franchise and development fees | $2,981 | $3,733 | | **Total franchise revenue** | **$166,954** | **$67,876** | - Q2 2020 saw significant impairment charges, including **$92.2 million** for goodwill and **$11.0 million** for the Applebee's tradename, due to COVID-19 related risk premiums[131](index=131&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=27&type=section&id=Item%202%E2%80%94Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q2 2021's significant financial recovery driven by eased COVID-19 restrictions, strong same-restaurant sales, and robust liquidity with a **4.6x** DSCR - Q2 2021 financial results reflect eased COVID-19 restrictions, with **98%** of domestic restaurants at **100% capacity** by June 30, 2021, unlike 2020's limitations[146](index=146&type=chunk) Key Performance Indicators - Q2 2021 | Metric | Applebee's | IHOP | | :--- | :--- | :--- | | % increase in domestic same-restaurant sales (2021 vs 2020) | 102.2% | 120.1% | | % increase (decrease) in domestic same-restaurant sales (2021 vs 2019) | 10.5% | (3.4)% | - The company repaid **$220 million** of its revolving credit facility in March 2021, with **$221.7 million** borrowing capacity remaining as of June 30, 2021[154](index=154&type=chunk) - The Debt Service Coverage Ratio (DSCR) was approximately **4.6x** for the period ended June 30, 2021, exceeding covenant thresholds[237](index=237&type=chunk) [Item 3. Quantitative and Qualitative Disclosures about Market Risk](index=47&type=section&id=Item%203%E2%80%94Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company's interest rate risk exposure was eliminated as of June 30, 2021, due to no outstanding borrowings under its variable-rate Credit Facility - As of June 30, 2021, no outstanding borrowings under the variable-rate Credit Facility eliminated the company's interest rate risk exposure[262](index=262&type=chunk) [Item 4. Controls and Procedures](index=47&type=section&id=Item%204%E2%80%94Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes to internal control over financial reporting during the quarter - The CEO and CFO concluded that disclosure controls and procedures were effective at a reasonable assurance level as of the reporting period end[263](index=263&type=chunk) - No material changes to internal control over financial reporting occurred during the fiscal quarter[264](index=264&type=chunk) PART II. OTHER INFORMATION [Item 1. Legal Proceedings](index=48&type=section&id=Item%201%E2%80%94Legal%20Proceedings) The company is involved in ordinary course legal proceedings, with management not anticipating any material adverse impact - The company is subject to ordinary course legal proceedings, with no anticipated material adverse impact[266](index=266&type=chunk) [Item 1A. Risk Factors](index=48&type=section&id=Item%201A%E2%80%94Risk%20Factors) No material changes to the risk factors previously disclosed in the company's 2020 Annual Report on Form 10-K are reported - No material changes to risk factors from the 2020 Annual Report on Form 10-K are reported[267](index=267&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=48&type=section&id=Item%202%E2%80%94Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased **1,939** shares for tax withholding, with **$70.2 million** remaining under the 2019 Repurchase Program - The company repurchased **1,939** shares from employees for tax withholding on vested restricted stock awards, not under the public repurchase program[269](index=269&type=chunk) - As of quarter-end, **$70.2 million** remained authorized for repurchase under the 2019 Repurchase Program[269](index=269&type=chunk) [Item 3. Defaults Upon Senior Securities](index=48&type=section&id=Item%203%E2%80%94Defaults%20Upon%20Senior%20Securities) No defaults upon senior securities were reported during the period - The company reported no defaults upon senior securities[270](index=270&type=chunk) [Item 4. Mine Safety Disclosures](index=48&type=section&id=Item%204%E2%80%94Mine%20Safety%20Disclosures) This item is not applicable to the company's operations - This item is not applicable to the company[272](index=272&type=chunk) [Item 5. Other Information](index=48&type=section&id=Item%205%E2%80%94Other%20Information) No other information was reported under this item - The company reported no other information under this item[274](index=274&type=chunk) [Item 6. Exhibits](index=49&type=section&id=Item%206%E2%80%94Exhibits) This section lists exhibits filed with the Form 10-Q, including employment agreements, incentive plans, and officer certifications - Exhibits include CEO and CFO certifications under Sarbanes-Oxley Act and various compensatory plan agreements[276](index=276&type=chunk)

Dine Brands Global, Inc. (NYSE:DIN) Q1 2021 Earnings Conference Call May 5, 2021 12:00 PM ET Company Participants Ken Diptee – Executive Director of Investor Relations John Peyton – Chief Executive Officer Allison Hall – Interim Chief Financial Officer and Controller Jay Johns – President of IHOP John Cywinski – President of Applebee's Conference Call Participants Brian Mullan – Deutsche Bank Jake Bartlett – Truist Securities Brian Vaccaro – Raymond James Eric Gonzalez – KeyBanc Brett Levy – MKM Partners Ni ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-15283 Dine Brands Global, Inc. (Exact name of registrant as ...

Financial Data and Key Metrics Changes - For Q4 2020, adjusted EPS was $0.39, down from $1.78 in Q4 2019, and for the full year 2020, adjusted EPS was $1.79 compared to $6.95 in 2019, reflecting a significant decline in customer traffic due to pandemic restrictions [19][25] - Total cash and cash equivalents at the end of 2020 were $456 million, including restricted cash of $72.7 million, which was $64 million higher than the end of 2019 [17][18] - Consolidated adjusted EBITDA for 2020 was $158.7 million, down from $273.5 million in 2019, primarily due to a decline in customer traffic [25] Business Line Data and Key Metrics Changes - Applebee's comp sales improved from a decline of 49.4% in Q2 to a decline of 1.9% in October, but faced a decline of 15.0% in November and 30.1% in December due to COVID-19 resurgence [29] - IHOP's comp sales improved from a decline of 59.1% in Q2 to a decline of 13.1% in Q4, with January 2021 showing a decline of 26.8% [40][41] Market Data and Key Metrics Changes - Off-premise sales for both brands maintained approximately one-third of total sales during Q4 2020, indicating a shift in consumer behavior that is expected to persist beyond the pandemic [12] - In February, Applebee's sales mix consisted of 63% dine-in, 22% Carside To-Go, and 15% delivery, while IHOP's sales mix was 66% dine-in, 16.9% To-Go, and 17.1% delivery [32][42] Company Strategy and Development Direction - The company aims to navigate the end of the crisis, win the recovery, and evaluate long-term growth vehicles, including new prototypes, virtual brands, and ghost kitchens [13][14] - Dine Brands is focusing on enhancing its off-premise business and investing in technology to support this growth, as well as preparing marketing campaigns and new products for recovery [12][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about a rebound in the second half of 2021, driven by increased vaccination rates and a return to indoor dining [12][50] - The company views the pandemic as both a threat and an opportunity, emphasizing the importance of maintaining liquidity and flexibility while investing in new digital and menu offerings [15][50] Other Important Information - The company provided approximately $55.7 million in royalty advertising fees and rent payment deferrals to franchisees, with repayments on track [24] - The franchisee collection rate for royalty and marketing fees stands at approximately 99% [11] Q&A Session Summary Question: Can you provide insights on regional performance, particularly in markets with fewer restrictions? - Management noted that geographies with fewer restrictions performed well, with a larger percentage of dine-in sales compared to the national average [52][53] Question: Was last week's average weekly sales for Applebee's positive? - Management refrained from quantifying but indicated a significant positive trajectory shift in sales [56] Question: Clarification on the potential closures at IHOP? - The program for evaluating closures has concluded with 41 closures, and future closures will be assessed as part of regular business operations [58][60] Question: Is marketing back on track, and what are the expectations for virtual brands? - Marketing spending was scaled back in early 2021, but is expected to improve in Q2 and beyond, with virtual brands showing steady improvement [61] Question: What is the current status of dining room openings for IHOP and Applebee's? - IHOP has about 33 restaurants not open for business, while Applebee's has about 10 dining rooms currently closed [69][70]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-15283 Dine Brands Global, Inc. (Exact name of registrant as ...

Dine Brands Global, Inc. (NYSE:DIN) Q3 2020 Earnings Conference Call October 28, 2020 12:00 PM ET Company Participants Ken Diptee - Executive Director of Investor Relations Stephen Joyce - Chief Executive Officer Thomas Song - Chief Financial Officer John Cywinski - President of Applebee's Business Unit Jay Johns - President of IHOP Conference Call Participants Jake Bartlett - Truist Securities Nerses Setyan - Wedbush Securities Inc. Brian Vaccaro - Raymond James & Associates, Inc. Jeffrey Bernstein - Barcl ...