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b=m&ogbl#search/sohailtejani?projector=1 The Second Cup Ltd. Consolidated Statements of Operations and Comprehensive Income (Loss) For the periods ended December 29, 2018 and December 30, 2017 (Expressed

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b=m&ogbl#search/sohailtejani?projector=1 The Second Cup Ltd. Consolidated Statements of Operations and Comprehensive Income (Loss) For the periods ended December 29, 2018 and December 30, 2017 (Expressed in thousands of Canadian dollars, except per share amounts) 2018 2017 Revenue (note 14) Company-owned cafes and product sales Franchise revenue 7,8855 17.829 25,714 8,562 15.074 23,636 Operating costs and expenses (note 15) Company-owned cafes and cost of product sales Franchise expenses General and administrative expenses Loss on disposal of assets Depreciation and amortization 8,954 8,961 5,064 28 1.335 24,342 9,303 5,693 6,009 197 1458 22,660 1.372 976 (105) (165) 3,897 Income from operations Other income (netes 5, 16, 17 and 19) Interest and financing costs (income) (note 18) Income (loss) before income taxes Income taxes (note 20) Net income (loss and comprehensive income (loss) for the period 1.642 (2.921) 491 176 1.1515 3.092 Etiv 0 Basic and diluted income (loss) per share (note 21) 006 S 10 201 E b=m&ogbl#search/sohailtejani?projector=1 The Second Cup Ltd. Consolidated Statements of Operations and Comprehensive Income (Loss) For the periods ended December 29, 2018 and December 30, 2017 (Expressed in thousands of Canadian dollars, except per share amounts) 2018 2017 Revenue (note 14) Company-owned cafes and product sales Franchise revenue 7,8855 17.829 25,714 8,562 15.074 23,636 Operating costs and expenses (note 15) Company-owned cafes and cost of product sales Franchise expenses General and administrative expenses Loss on disposal of assets Depreciation and amortization 8,954 8,961 5,064 28 1.335 24,342 9,303 5,693 6,009 197 1458 22,660 1.372 976 (105) (165) 3,897 Income from operations Other income (netes 5, 16, 17 and 19) Interest and financing costs (income) (note 18) Income (loss) before income taxes Income taxes (note 20) Net income (loss and comprehensive income (loss) for the period 1.642 (2.921) 491 176 1.1515 3.092 Etiv 0 Basic and diluted income (loss) per share (note 21) 006 S 10 201 E

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