Exhibit 99.1 Tims China Announces First Quarter 2023 Financial Results Total Revenues Increased 49.8% Year-over-Year for the First Quarter 2023 31 Net New Store Openings in the First Quarter, 648 System-Wide Stores at Quarter-End 12.4 Million Registered Loyalty Club Members at Quarter-End, Represents 79.3% Year-over-Year Growth Adjusted Store EBITDA Margin Increased 13.8 Percentage Points from the First Quarter 2022 to 1.9% Continued Recovery: 8.0% Same-store Sales Growth for Company Owned and Operated Stor ...

Table of Contents | --- | |-------------------------------------------------------------------------------------| | UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 | | FORM 20-F | (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SE ...

Exhibit 99.1 Tims China Announces Fourth Quarter and Full Year 2022 Financial Results Total Revenues Increased 34.6% Year-over-Year for the Fourth Quarter and 57.2% Year-over-Year for the Full Year 2022 131 Net New Store Openings During the Fourth Quarter, 617 System-Wide Stores at Year-End 11.3 Million Registered Loyalty Club Members at Year-End, Representing 88.5% Year-over-Year Growth Adjusted Store EBITDA Margin Increased 0.6 Percentage Points to 4.7% Continued Recovery: 17.1% Same-store Sales Growth fo ...