RESTAURANT BRANDS INTL INC

Ticker: QSR CUSIP: 76131D103 Class: Common Stock

Nikko Asset Management Americas, Inc.'s Holding History (CIK: 0001480751)

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

Q4 2017

Shares 1,900 Value ($000) $121 Avg Close $64.14 Range $59.77 - $68.89

Q3 2017

Shares 1,900 Value ($000) $121 Avg Close $61.81 Range $57.95 - $65.92

Q2 2017

Shares 5,900 Value ($000) $369 Avg Close $58.91 Range $54.00 - $62.94

Q1 2017

Shares 5,900 Value ($000) $328 Avg Close $52.35 Range $46.88 - $57.98

Q4 2016

Shares 6,900 Value ($000) $328 Avg Close $46.13 Range $42.34 - $50.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	1,900	$121	$64.14	$59.77 - $68.89
Q3 2017	1,900	$121	$61.81	$57.95 - $65.92
Q2 2017	5,900	$369	$58.91	$54.00 - $62.94
Q1 2017	5,900	$328	$52.35	$46.88 - $57.98
Q4 2016	6,900	$328	$46.13	$42.34 - $50.20