Subway corporate structure

Subway Worldwide, Inc.

Ultimate parent company

Subway Worldwide Holdings, LLC

Majority owned subsidiary of Subway Worldwide, Inc.

Subway System Holdings, LLC

Wholly owned subsidiary of Subway Worldwide Holdings, LLC

Subway US Holdings, LLC

Wholly owned subsidiary of Subway System Holdings, LLC

Doctor’s Associates, LLC

Franchisor for Subway restaurants

Subway Worldwide, Inc.

Ultimate parent company

Subway Worldwide Holdings, LLC

Majority owned subsidiary of Subway Worldwide, Inc.

Subway System Holdings, LLC

Wholly owned subsidiary of Subway Worldwide Holdings, LLC

Subway US Holdings, LLC

Wholly owned subsidiary of Subway System Holdings, LLC

Doctor’s Associates, LLC

Franchisor for Subway restaurants

Subway Worldwide, Inc.

Ultimate parent company

Subway Worldwide Holdings, LLC

Majority owned subsidiary of Subway Worldwide, Inc.

Subway System Holdings, LLC

Wholly owned subsidiary of Subway Worldwide Holdings, LLC

Subway US Holdings, LLC

Wholly owned subsidiary of Subway System Holdings, LLC

Doctor’s Associates, LLC

Franchisor for Subway restaurants

Subway Worldwide, Inc.

Ultimate parent company

Subway Worldwide Holdings, LLC

Majority owned subsidiary of Subway Worldwide, Inc.

Subway System Holdings, LLC

Wholly owned subsidiary of Subway Worldwide Holdings, LLC

Subway US Holdings, LLC

Wholly owned subsidiary of Subway System Holdings, LLC

Doctor’s Associates, LLC

Franchisor for Subway restaurants