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1、Annual ReportA Year Powered by Strength and Resilienceof the entire McDonalds System over two million crew members,the industrys best franchisees,and our network of global suppliers backed by a talented senior leadership team,dedicated Board of Directors and standout growth strategy,Accelerating the

2、 Arches.One constant throughout my tenure as CEO has been our Chairman Rick Hernandez,who recently announced his retirement.Having joined the Board in 1996,Rick served for many years alongside one of our founders,Fred Turner.And like Fred,Rick truly carries“ketchup in his veins.”Ricks support and gu

3、idance were critical to me as I assumed the CEO role unexpectedly,and then quickly had to navigate the Company through a global pandemic and geopolitical crises.I am grateful for his leadership.Ricks unwavering commitment to the McDonalds System has been instrumental to the growth of our Brand.I loo

4、k forward to carrying forward his devotion to McDonalds as I assume the role of Chairman following our Annual Shareholders Meeting,working closely with Lead Independent Director Miles White.In todays dynamic and challenging landscape,the power of one company voice is essential to our three-legged st

5、ools continued strength.Thanks to our restless ambition,we are operating from a position of strength.Thats one of the things I love about McDonalds.Were always innovating and pushing for the highest standards.Its why we continue to lead the industry after almost 70 years.This past year,we continued

6、evolving as we worked to meet the heightened expectations of our customers,employees,and stakeholders.Were doing so much more than navigating a challenging operating environment,were leading through it as we always have.I think its fair to say that our secret sauce lies in a powerful combination:the