Arcos Dorados Recognized by Global Council of Corporate Universities

• Igor Ferreira, Dean of McDonald’s University in São Paulo, was recognized as “Corporate University - Leader of the Year”

• This award recognizes both individual leadership and the Company’s broader social impact

PARIS--()--Arcos Dorados Holdings, Inc. (NYSE:ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest McDonald’s franchisee, has been recognized by the Global Council of Corporate Universities (GlobalCCU) for the outstanding work of McDonald´s University in Latin America, headquartered in Brazil. Igor Ferreira, Dean of McDonald's University in São Paulo, was the winner of the "Leader of the Year" award.

The GlobalCCU confers this recognition to corporate universities with the highest level of excellence in the world that have generated value for people, businesses and society. The recognition was delivered by a Qualifying Committee composed of renowned corporate university professionals from around the globe during the GlobalCCU Forum in Paris. Notably, the awards ceremony was attended by His Excellency, Ambassador of Brazil in France, Paulo Cesar de Oliveira Campos.

“It is a privilege and an honor for me to receive this award. It is a recognition of a career within Arcos Dorados where I have held various positions, starting in the kitchen at a restaurant in Curitiba at age 14 until I became Dean of the prestigious McDonald´s University in São Paulo in 2015. This journey has meant that I have lived, firsthand, the values and philosophy of this great Company,” said Igor Ferreira.

Igor Ferreira began his career as an employee at a McDonald's restaurant in Brazil and continued his education until completing a Master's Degree in Business Administration. His professional career included time working with other companies before returning to Arcos Dorados in 2015. As Dean of McDonald's University in São Paulo, he was responsible for designing the new university model to align with the work of McDonald's Universities worldwide. Its objective is to position the institution as a facilitator of the Company's strategy, and a disseminator for culture, to ensure Arcos Dorados remains an organization of excellence.

“One of the main commitments of Arcos Dorados is social mobility through providing the first formal employment for many young people, so that through hard work and dedication they can achieve their dreams. Igor Ferreira is an inspiration for all of us, not only for his excellent work, but because ambitious young people like him work every day in our restaurants. This is how Arcos Dorados positively impacts the lives of people and society,” said Sergio Alonso, CEO of Arcos Dorados.

McDonald's University in São Paulo is one of seven Hamburger University campuses in the McDonald´s system around the world. It is built on an area of 3,500 m2 and was designed by architect Lelio Machado Raine. The institution can serve more than 300 students, and consists of an auditorium, the McDonald's Nutrition Center, a teacher's room, classrooms, meeting rooms, and simultaneous translation booths. It also has three large classrooms equipped with the most advanced technological resources, as well as a soccer field and gymnasium.

“We are very proud to receive this recognition from an institution as prestigious as the Global Council of Corporate Universities. It is recognition of Arcos Dorados’ commitment to the continuous development of our people, as well as the work of Igor and his team. Today, our University has a great variety of programs, both for our partners in restaurants, and executives, in alliance with recognized business schools. These are programs that are not only key to the business, but also have a social impact, such as the Master’s in Strategies for Sustainable Development,” said Nicolás Uribe, Corporate Director of Training and Human Capital.

McDonald's is internationally recognized for its values, and for investing in the ongoing training and learning of its employees and partners. There are McDonald’s University facilities in the United States, Japan, the United Kingdom, Australia, Germany, China and Brazil. To learn more about Hamburger University in Latin America visit: www.mcdonaldsuniversity.com.br

About Arcos Dorados

Arcos Dorados is the world’s largest McDonald’s franchisee in terms of systemwide sales and number of restaurants, operating the largest quick service restaurant (“QSR”) chain in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchises of McDonald’s restaurants in 20 Latin American and Caribbean countries and territories, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. The Company operates or franchises over 2,100 McDonald’s-branded restaurants with over 90,000 employees and is recognized as one of the best companies to work for in Latin America. Arcos Dorados is traded on the New York Stock Exchange (NYSE: ARCO). To learn more about the Company, please visit the Investors section of our website: www.arcosdorados.com/ir.

Contacts

For Arcos Dorados Holdings, Inc.:
Katja Buhrer, +1 (212) 661-7004
katja.buhrer@mbsvalue.com

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