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AMENDED AND RESTATED BYLAWS

OF

PANCAKE SUPPLY CHAIN CO-OP, INC.

ARTICLE I

Offices and Business Purpose

Section 1.1. Registered Office. The registered office of Pancake Supply Chain Co-op, Inc.
(the “Co-op”) shall be in the City of Wilmington, County of New Castle, State of Delaware, until
altered as provided by law.

Section 1.2. Principal Office. The principal office of the Co-op shall be in Lenexa, Kansas
until altered by the Board of Directors.

Section 1.3. Other Offices. The Co-op may maintain other offices within or without the
state where it is registered and principal offices are located, as the Board of Directors may from time
to time establish.

Section 1.4. Business. The Co-op shall conduct a supply chain program for its members
through Centralized Supply Chain Services, LLC, a Delaware limited liability company (“CSCS”)
and as otherwise necessary and advisable in order to provide its members with the lowest possible
store delivered costs for food, beverages, packaging and supplies, and related services (“Goods”),
equipment and related services (“Equipment”) and distribution of Goods and Equipment
(“Distribution Services”).

ARTICLE II

Members

Section 2.1. Member Eligibility. The following persons, firms or entities shall be eligible to
be members in the Co-op: (a) each sole proprietor, partnership, corporation, limited liability
company or other entity who is or becomes an IHOP franchisee, subfranchisee, or licensee of IHOP
Franchising LLC, a Delaware limited liability company or its successors, assigns, affiliates, or related
companies (“IHOP Franchising”); and (b) International House of Pancakes, LLC (“IHOP Servicing”)
and its affiliates and their successors as operators of IHOP outlets.

Section 2.2. Membership Requirements. Each person, firm or entity which is eligible to be
a member in the Co-op shall be a member in the Co-op when and if that person, firm or entity: (a)
purchases one share of the Co-op’s common stock (“Common Stock”); and (b) agrees to abide by the
terms and commitments set forth in these Bylaws, as amended from time to time.

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