IBERSOL | Annual Report 2021

The Ibersol Group Business Portfolio Following a year marked by the outbreak of the Covid-19 pandemic, in 2021 the Group showed its capacity to deal with government-imposed restrictions, and to take the most appropriate measures to guarantee the recovery of activity, despite new waves of infection. The adaptation of the Group’s business portfolio to new channels and sales formats, as well as the dedication of its teams, are proof of a learn- ing process that built up resilience in a sector that has been severely penalised by successive waves and restrictions. Therefore, the Group followed along its plan to expand on brands that, since the beginning of the pandemic, have shown greater resilience to the crisis, namely BK, KFC, and PH, by opening more restaurants with Drive-Thru, Take-Away, and Delivery, in new locations, as well as going ahead with the opening of Taco Bell restaurants, to maintain and in- crease the market share of these businesses. At the end of the financial year, the total number of Ibersol Group units – self-owned and franchises – was of 621 restaurants, 271 of which of our own brands. 54