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Reаd the fоllоwing аnd аnswer Questiоns 1-4: Krispy Kreme Launches Expansion into Brazil [1] Franchise partnership begins with first shop opening in São Paulo in late April 03/24/2025 CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme”, “KKI” or the “Company”) today announced its official launch into Brazil, marking a milestone in the brand’s global expansion. The Company will open its first shop through a minority interest joint venture with Ipiranga’s AmPm in the busy Avenida Juscelino Kubitschek neighborhood in São Paulo in late April. Krispy Kreme’s market entry will be carried out through its capital-light franchise strategy in partnership with Ipiranga’s AmPm, the largest chain of convenience stores in Brazil, to bring Krispy Kreme’s beloved doughnuts to Brazilian consumers. Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Krispy Kreme operates in 40 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing digital business with more than 17,500 fresh points of access. As previously announced in February 2024, Krispy Kreme is entering Brazil through a minority interest joint venture with AmPm. The partnership will utilize AmPm’s extensive network of approximately 1,500 retail locations across all regions of the country, beginning with the opening of the first shop in São Paulo. This shop is expected to generate approximately 100 direct jobs, with plans to create more positions as the brand expands in the country. Krispy Kreme has more than 30 international franchise partners around the world, enabling the company to scale efficiently and bring its doughnuts to fans worldwide. Renato Stefanoni, President of AmPm, commented, “AmPm is constantly evolving, bringing in new products and partnerships that not only meet, but exceed customer expectations. By offering Krispy Kreme products in our stores we’re further expanding our portfolio with a highly differentiated and premium-quality offering.” Part of Ipiranga’s mobility ecosystem, AmPm is the largest convenience store chain in Brazil, with approximately 1,500 locations across the country. Known for offering a complete convenience and food service experience, AmPm features over 30 private-label products, bakery solutions, beer caves, and grocery items.