RESTAURANT BRANDS INTL INC

Ticker: QSR CUSIP: 76131D103 Class: Common Stock

Permian Investment Partners, LP's Holding History (CIK: 0001472850)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016

Shares 598,369 Value ($000) $26,675 Avg Close $45.35 Range $40.84 - $49.12

Q2 2016

Shares 1,283,369 Value ($000) $53,388 Avg Close $41.34 Range $37.54 - $44.02

Q1 2016

Shares 1,981,811 Value ($000) $76,954 Avg Close $34.78 Range $29.28 - $39.67

Q4 2015

Shares 1,977,614 Value ($000) $73,884 Avg Close $36.72 Range $34.19 - $41.33

Q3 2015

Shares 1,135,650 Value ($000) $40,793 Avg Close $39.64 Range $34.61 - $44.60

Q2 2015

Shares 1,135,150 Value ($000) $43,374 Avg Close $39.43 Range $36.97 - $43.26

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	598,369	$26,675	$45.35	$40.84 - $49.12
Q2 2016	1,283,369	$53,388	$41.34	$37.54 - $44.02
Q1 2016	1,981,811	$76,954	$34.78	$29.28 - $39.67
Q4 2015	1,977,614	$73,884	$36.72	$34.19 - $41.33
Q3 2015	1,135,650	$40,793	$39.64	$34.61 - $44.60
Q2 2015	1,135,150	$43,374	$39.43	$36.97 - $43.26