YUM! BRANDS, INC. (NYSE:YUM) Files An 8-K Submission of Matters to a Vote of Security Holders

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YUM! BRANDS, INC. (NYSE:YUM) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07

Submission of Matters to a Vote of Security Holders.
The following is a brief description of each matter voted upon at
YUM! Brands, Inc. (the Company) Annual Meeting of Shareholders held
on May 19, 2017, as well as the number of votes cast for or against
each matter and the number of abstentions and broker non-votes with
respect to each matter.
1.The election of the following directors, who will serve until
their respective successors are elected and qualified or until
their earlier death or resignation:
Director
For
Against
Abstain
Broker non-votes
Paget L. Alves
245,147,002
842,346
426,470
49,224,325
Michael J. Cavanagh
235,878,867
10,127,231
409,720
49,224,325
Christopher M. Connor
245,160,773
838,397
416,648
49,224,325
Brian C. Cornell
235,446,878
10,551,721
417,219
49,224,325
Greg Creed
244,981,455
1,019,174
415,189
49,224,325
Mirian M. Graddick-Weir
235,785,561
10,247,447
382,810
49,224,325
Thomas C. Nelson
235,317,406
10,681,811
416,601
49,224,325
P. Justin Skala
245,262,218
739,882
413,718
49,224,325
Elane B. Stock
245,176,444
846,499
392,875
49,224,325
Robert D. Walter
219,127,858
26,878,081
409,879
49,224,325
2.The proposal to ratify the appointment of KPMG LLP as the
Company’s independent auditor for 2017 was approved based upon the
following votes:
Votes for approval
291,469,018
Votes against
3,552,963
Abstentions
618,162
There were no broker non-votes for this item.
3.The proposal to approve, by non-binding advisory vote, the
executive compensation of the Company’s named executive officers
was approved based upon the following votes:
Votes for approval
221,204,246
Votes against
24,185,480
Abstentions
1,026,092
Broker non-votes
49,224,325
4.The proposal to hold non-binding advisory votes on executive
compensation every year was approved, it having received more than
a majority of shares cast for one of the three options or
abstentions based upon the following votes:
One year
225,185,090
Two years
746,675
Three years
19,869,103
Abstentions
614,950
There were no broker non-votes for this item.
5.The shareholder proposal concerning reducing deforestation was
not voted on because it was not properly presented at the meeting,
as neither the shareholder proponent nor their designee was in
attendance.


About YUM! BRANDS, INC. (NYSE:YUM)

YUM! Brands, Inc. (YUM) is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM’s segments include The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept. As of September 3, 2016, the Company had approximately 43,000 restaurants in 135 countries and territories, through the concepts of KFC, Pizza Hut and Taco Bell. The Company’s concepts are focused on the chicken, pizza and Mexican-style food categories, respectively.

YUM! BRANDS, INC. (NYSE:YUM) Recent Trading Information

YUM! BRANDS, INC. (NYSE:YUM) closed its last trading session up +1.03 at 71.95 with 2,044,502 shares trading hands.