Domino's Subsidiary Reports Q3 Revenue Down 3.7% YoY, Q4 Guidance Lower Than Expected.

• Domino's revenue-generating assets held by Securitization Entities. • DPL serves as Manager operating System on behalf of Securitization Entities. • Capitalization of Holdco presented on a consolidated basis. • Assets part of Collateral available to pay interest and principal of Offered Notes. • Holdco and subsidiaries do not guarantee obligations of Co-Issuers. • Financial information is preliminary and unaudited.

Domino's Pizza, Inc. (DPL) has been leveraging securitization entities to manage and generate revenue from its assets. According to recent financial reports, DPL operates as the manager for these securitization entities, which hold various revenue-generating assets. These assets include real estate, equipment, and other tangible properties that are used to generate income for the company.

The capitalization of the holding company (Holdco) is presented on a consolidated basis, providing a comprehensive view of the financial standing of the entire securitization structure. The assets held by these entities are part of the collateral available to pay interest and principal on offered notes, ensuring that investors receive timely payments.

It is important to note that Holdco and its subsidiaries do not guarantee the obligations of co-issuers. This means that the financial liabilities of co-issuers are not the responsibility of Holdco or its subsidiaries. This structure is designed to isolate the financial risks associated with each entity, providing a layer of protection for the overall financial health of the company.

Financial information related to these securitization entities is preliminary and unaudited. Investors should exercise caution when interpreting this data and consider the potential risks associated with unconfirmed financial information. Despite this, the use of securitization entities allows DPL to manage its assets more effectively and generate additional revenue streams.

References:
[1] https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3436415
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3UU06G:0-trump-linked-venture-fund-1789-capital-tops-1-billion-in-assets/