PEOPLE

FOOD

PLANET
Yum! Brands 2024 Global Citizenship & Sustainability Report
 About This Report
We are committed to the accurate and transparent disclosure of our progress on our sustainability journey. This
report covers key commitments and initiatives made by Yum! Brands and our subsidiaries. Unless otherwise
noted, the information and data in our report covers Yum! Brands, Inc. and our subsidiaries, including KFC,
Taco Bell, Pizza Hut and Habit Burger & Grill (the “Company”), during 2024. Our report reflects operations over
which the Company, or one of its subsidiaries, has the full authority to introduce and implement its operating
policies, and does not cover franchisees or suppliers unless otherwise indicated. While our franchisees and
suppliers uphold our brands’ core standards, they independently manage and run their businesses. For certain
items in our report that rely on information provided by our franchisees and suppliers, we depend on the
respective third parties to determine the accuracy and completeness of that information. The data represented
in our report is reflective of the Company’s assessment of acceptable methodologies consistent with historical
experience, available information, and various other assumptions that it believes to be reasonable, but are
subject to measurement uncertainties resulting from the inherent limitations in the nature and methods used
for determining such data. Please send comments or questions about this report to impact@[Link].

ABOUT THE PAPER USED FOR THIS REPORT:

FPO
The cover and interior pages of this report were printed using FSC-certified paper
made with 100% Certified Renewable Energy and 100% post-consumer waste.
The inks used in the printing of this report contain an average of 25%–35%
vegetable oils from plant derivatives, a renewable resource. They replace petroleum-
based inks as an effort to also reduce volatile organic compounds (VOCs).
 CEO Message
Everything we do at Yum! is in service of our mission to grow iconic restaurant brands around the world that are loved by our
consumers, connected through teamwork, technology and our global scale, and trusted everywhere we operate. Our Recipe for Good
Growth strategy is built on the belief that lasting growth and brand relevance come from being inclusive, sustainable and responsive
to the evolving needs of employees, franchisees and stakeholders.

Our ongoing commitment to fostering a sustainable and adaptable business has been instrumental in navigating the complexities of
today’s global landscape such as the dynamic geopolitical environment, changing regulations and inflation. Over the past year, we’ve
diligently advanced our initiatives across the pillars of People, Food and Planet, capitalizing on the extensive reach of our business.

Reflecting on the highlights of 2024, I am pleased with the progress we have made in several areas, including:

• People – We have focused on attracting, developing and retaining our employees. Through learning and development programs,
we invest in the communities where we operate, ensuring our people are equipped with the skills and support they need to thrive
and grow with our business.

• Food – Food safety remains our utmost priority. We also remain committed to serving delicious food, offering balanced choices and
Chief Executive Officer, Yum! Brands maintaining clean labels for our consumers.

• Planet – We are dedicated to managing our environmental impact by investing in energy efficiency and alternative power sources,
such as solar. Additionally, we are working to make our sourcing more responsible within key supply chains including beef, dairy
and poultry.

Importantly, I am immensely proud of the work our employees are doing to integrate these initiatives into the areas where they
drive the most value and have the greatest impact on our business. Making progress also requires collaboration outside of our
organization, with our franchisees, suppliers and community partners.

As we look to the future, I am excited about the possibilities that lie ahead. Together, we will continue to make a positive impact on
the world through our dedication to building a more resilient and sustainable business.

Sincerely,

David Gibbs

2
 APPROACH
4 $7.5B
Approx.
Yum! at a Glance
iconic brands 1,500
franchisees
in revenue

61,000+
restaurants 1M+ $65B
in total system sales
employees and franchise

155+ system team members

50%+
countries and territories
MILLIONS
of consumers served daily
in digital sales

Note: Figures reflective of year-end 2024

THE YUM! VALUE CHAIN

SUPPLIERS CONSUMERS
Promoting respect for human PACKAGING Maintaining relevant, easy and
rights, diversity and environmental Advancing circularity by seeking RESTAURANTS distinctive brands attuned to
protection in our supply chain recoverable solutions, ways to Setting green building principles consumer needs
reduce waste and more for new and existing restaurants

FARMS COMMUNITIES
Engaging with growers to reduce PRODUCTS FRANCHISEES EMPLOYEES Helping communities thrive through
agricultural emissions, protect Offering menu items that are Establishing pathways for people to Creating a culture focused on
investments in education, job skill
biodiversity and respect principles safe and provide ingredient grow businesses and create jobs in belonging and personal
development, food security
of animal welfare transparency their communities growth for employees
and volunteerism
3
APPROACH
Our Good Growth Strategy Risk Management & Disclosures
At Yum! Brands, we are all about making sure our business grows and our brands thrive, now We have been transparently reporting on our citizenship and sustainability efforts for over a
and in the future. We’re tackling opportunities and challenges alike, whether it’s adapting decade, sharing programs and progress through our own reports and other leading disclosures
to new regulations, changing to meet consumer preferences or managing supply chain like CDP Climate Change, Forests and Water Security. In addition to our legacy disclosures,
complexity. We’ve built a framework to address the issues that matter most to our business. we’re focused on preparations for the European Union’s upcoming regulations that include
This helps ensure we can meet the needs of our global business while working to be loved and the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due
trusted everywhere we operate. Diligence Directive (CSDDD).

OUR GOOD PRIORITIES In order to understand our most material risks, we leverage our broader Enterprise Risk
Management (ERM) strategy, which lines up with our overall business approach. We also conduct
regular materiality assessments and in 2024, undertook our first double materiality assessment
as part of our preparations for CSRD. Initial findings indicate similarities with previously disclosed
material topics including climate and packaging. Other risk assessments are topical and include
the use of tools and frameworks including the World Resource Institute Water Aqueduct, Task
Force on Climate-related Financial Disclosures (TCFD) and World Wildlife Fund (WWF) Biodiversity
Risk Filter.
PEOPLE FOOD PLANET
Past reports, policies and positions are available on [Link].
Ethics & Human Rights Balanced Choices Climate
Learning & Development Food Safety Nature & Biodiversity
ALIGNMENT WITH THE UN SUSTAINABLE DEVELOPMENT GOALS (SDGS)
Community Impact Raised Responsibly Circularity & Packaging
We align our priority areas of work with the UN SDGs, an ambitious, global vision for ending
Culture, Opportunity & poverty, removing barriers and tackling climate change by 2030. We have identified specific SDGs
Belonging that align most closely with our three priority pillars of People, Food and Planet.

Corporate & Sustainability Governance

In 2024, we further strengthened our corporate governance around our citizenship and sustainability
work. It was the first full year of focused oversight of our People, Food and Planet pillars by select
board of director committees, which included quarterly updates on progress and programs.

2024 also marked the first full year for Yum!’s Environmental, Social & Governance Disclosure
Committee. This management-level committee oversees non-financial disclosures, ensuring that we
remain transparent and accountable in our reporting.

We established Centers of Excellence for Sustainability, Community Impact, and Culture, Opportunity
& Belonging to share knowledge and work smarter to tackle key challenges. Additionally, our brands
continued advancing their sustainability agendas through their own steering committees, which play
a key role in integrating sustainability into everyday business.
4
 PEOPLE
Driving good growth begins with the people in our business — including the Company-owned and franchise-owned restaurants that employ over 1 million frontline workers worldwide — and extends into the
many communities where we operate. We make a difference across the full spectrum from investments in our people’s development and fostering a culture for all to supporting community impact programs.

Ethics & Human Rights Learning & Development Community Impact Culture, Opportunity & Belonging
Hold our employees, franchisees and Create a culture of engagement that attracts, Helping communities thrive through investments Make room for all people and voices at our tables to
suppliers to the highest standards of professional retains and grows the top talent and creates high in education, job skill development, food security reflect the consumers and communities we serve in
and ethical conduct performance in our restaurants and volunteerism every corner of our business
COMMITMENT

Remain committed to our Global Code of Conduct and Measure employee engagement 1. Unlock opportunity for employees, frontline workers 1. Build a culture of belonging that supports our
Supplier Code of Conduct, which provide guidelines for and communities around the world by investing Believe in All People core value and our ability to be
working conditions consistent with frameworks such as $100 million over five years to remove barriers to Relevant, Easy and Distinctive to all consumers and
those of the International Labour Organization and the education and opportunity communities we serve around the globe
United Nations Guiding Principles on Human Rights 2. Donate food and funds to help local and global 2. Achieve gender parity in leadership globally by 2030
communities in alignment with Paradigm for Parity

100% of above-restaurant, corporate employees 83% above-restaurant, corporate employees responded 1. Completed our Unlocking Opportunity Initiative (UOI) 1. Continued rolling out Leading Effectively Across
completed annual compliance training, which includes as satisfied. This is an above average score when commitment to invest $100 million around the world Dimensions training, and offering signature cross-
PROGRESS

a course on our Global Code of Conduct and a related compared to other participating companies. to remove barriers to education, entrepreneurship and dimensions, cultural experiences
questionnaire. opportunity. Since launching UOI in 2020, Yum! and 2. 44% of global corporate leadership roles were held
our brands have activated more than 45 new projects by women
Suppliers are required to acknowledge and comply with
across 15 countries, unlocking opportunities for over
the Supplier Code of Conduct in order to work with our
350,000 people.
organization.
2. 6.1 million lbs. of food donated across 34 countries
through the Harvest program.

• Continued reporting into Sedex, a leading ethical trade • Established a Global Center of Excellence for • Pizza Hut Indonesia’s Farmers Empowerment Program • Established a Global Center of Excellence for Culture,
organization that works to create more responsible and Learning & Development to focus on the professional helped 177 farmers expand their businesses, Opportunity and Belonging to focus on fostering a
sustainable business practices, and increasing supplier development of our employees integrate sustainable practices, and create 43 jobs. workplace for all.
enrollment and education
• Launched a new leadership course called • KFC South Africa’s Add Hope program provided 48 • Created employee-led Global Communities of
• Partnering with newly formed Supply Chain Center of Breakthrough!, which provides leadership million meals to 130 organizations, feeding more than Belonging to further drive our unrivaled culture and
Excellence to further incorporate responsible sourcing development for all global corporate employees 150,000 children. talent for all
HIGHLIGHTS

into supply chain resilience initiatives

• The Taco Bell Foundation invested $34 million, • Over 2,000 corporate employees attended signature
awarding 1,000 Live Más Scholarships and developmental experiences and/or global employee
supporting nearly 500 U.S. nonprofit organizations discussion panels leveraged to foster connections,
with Community Grants, providing career readiness collaboration, innovation and belonging.
resources to 2.2 million youth.
• Pizza Hut U.K. and Canada equipped 1,200
entrepreneurs with skills, networks and capital to
grow their businesses.
• Habit Burger & Grill collaborated with the Community
Action Partnership of Orange County to provide 900
people with food and household items in the U.S.
5
Deadline to achieve each commitment is end of stated year unless declared otherwise
 FOOD
Whether it’s chicken, tacos, pizza or burgers, our consumers love how our brands offer delicious and quality food. And as the world’s largest restaurant company, we know how important it is to continue
meeting our consumers where they are, and for us, that means balanced menu options, food safety and animal welfare.

Balanced Choices Food Safety Raised Responsibly

Offer consumers craveable, balanced options and more Maintain the safest, highest-quality food supply and Responsibly source the animals raised for food
nutritional improvements preparation in the industry throughout our supply chain

1. By 2030, 50% of core menu food options across main dishes, combos and 1. Through regular food safety audits, we seek to ensure our high-quality 1. Source 100% cage-free eggs across 25,000 restaurants, including the U.S.,
COMMITMENT

sides will offer lower calorie options to be consistent with Yum!’s Nutrition standards are being maintained across employee health, product Western Europe and other leading markets by 2026 on the way to sourcing
Strategy & Policy that aligns with the World Health Organization and the handling, ingredient and product management, and prevention of cross- 100% cage-free eggs in all markets by 2030
Dietary Guidelines for Americans. contamination. 2. Taco Bell aims to reduce antibiotics important to human medicine in its
2. By 2025, remove artificial colors, artificial flavors and partially 2. Transition to 100% Global Food Safety Initiative (GFSI) Recognized U.S. and Canada beef supply chain by 25% by 2025
hydrogenated oils (PHOs) from core food ingredients globally, as part of Certification for all suppliers and distributors
continued clean labeling efforts.*

1. 32% of core menu food options across main dishes, combos and sides 1. Over 133,000 audits were conducted on Company-owned and franchisee- 1. Sourced 94% cage-free eggs (menu items and ingredients) across 25,000
offered lower calorie options, consistent with Yum!’s Nutrition Strategy & owned restaurants. restaurants, including the U.S., Western Europe and other leading
Policy. 2. Over 89% of Yum!-approved suppliers have achieved GFSI Recognized markets.
PROGRESS

2. Removed 94% of artificial colors Certification or are part of GFSI Development Programs on the path to 2. According to the most wrecent U.S. Food and Drug Administration’s
Removed 90% of artificial flavors certification as of the end of 2024. We are working with non-GFSI certified Summary Report on Antimicrobials Sold or Distributed for Use in Food-
Removed 96% of PHOs suppliers to either reach certification or move away from them as approved Producing Animals, there has been a 28% reduction in antibiotic use
suppliers. In addition to leveraging GFSI, we continue to manage food industrywide between 2016 and 2024.
safety risk across our supply chain through multiple approaches and
strategies. Taco Bell continues to partner with the International Consortium for
Antimicrobial Stewardship in Agriculture to promote the judicious use of
antibiotics in the beef supply chain across the food industry.

• Continued to simplify our ingredients in our menu items and remove • Leveraged data platforms and technology to manage risk in real • Published a new U.S. pork sow housing policy outlining Yum!’s
artificial colors and flavors from core food ingredients time, including monitoring suppliers’ GFSI Recognized Certification science-based approach on recommendations for sows in our pork
processes supply chain
• Designated Nutritionix as the preferred global vendor for allergen and
HIGHLIGHTS

nutrition information, and made available to all markets for adoption • Increased GFSI certification in developing markets, helping • Continued our work around antibiotics by publishing an expanded
elevate food safety standards for those regions and provide growth antibiotics policy, updating a third-party research report and
• Introduced new core produce ingredients at Taco Bell – including purple
opportunities for suppliers endorsing the Antimicrobial Use Stewardship Principles for poultry
cabbage and cilantro – through the Cantina Chicken Menu, resulting in
the addition of 2.3 million pounds of fresh produce • Organized two global food safety meetings for Yum! food safety • Gathered key welfare indicators and antibiotics usage data in global
*Co-branded items, off-the-shelf ingredients and beverages not covered by commitment leaders and franchisees, and launched global educational videos for poultry supply chains
to remove artificial colors and flavors restaurant team members reenforcing importance of most critical
• Continued to work in partnership with FAI, an independent third-party
food safety elements
with expertise in animal-based production, to deliver the KFC poultry
• Implemented a new tool to assess franchisee food safety performance welfare program
by Yum! Food Safety & Quality Management Systems

6
Deadline to achieve each commitment is end of stated year unless declared otherwise
 PLANET
Growing our brands means that we need to address climate change and resource scarcity for the benefit of the planet, our business, employees, franchisees and local communities that we serve. We’re
investing in technologies that help us operate our restaurants more efficiently, strengthening our supply chain to source more responsibly and investing in our packaging to make it more sustainable.
Nature & Biodiversity
Climate Packaging & Circularity
Build a responsible supply chain that protects forests, respects
Design, build and operate restaurants to be more sustainable and support Innovative packaging solutions that support
human rights, supports sustainable sourcing and enables
decarbonization in our supply chain recoverability and reduce waste generated
good stewardship
COMMITMENT

1. Scopes 1 and 2 (emissions associated with our Company-owned restaurants, our 1. Endorsed the New York Declaration on Forests (NYDF) and strive to meet 1. By 2025, across all brands, eliminate unnecessary plastic,
corporate offices, transportation): Reduce 46% by 2030 compared to 2019 the private sector goal of eliminating deforestation from the production of reduce virgin plastic content by 10%, and move consumer-
2. Scope 3 (franchisee-owned restaurants’ energy emissions): Reduce by 46% on a per- agricultural commodities such as palm oil, soy, paper and beef products well facing plastic packaging to be reusable, recyclable or
restaurant basis by 2030 compared to 2019 before 2020, and strive to end natural forest loss and degradation by 2030. compostable
3. Scope 3 (supply chain − core proteins and packaging): Reduce emissions by 46% on a 2. By the end of 2025, reduce average water withdrawals from Company-owned 2. By 2030, reduce food loss waste by 50% in accordance with
per-metric ton basis, below 2019 levels for beef, poultry, dairy and packaging procured restaurants by 10%, compared with 2017 levels U.S. Food Loss and Waste 2030 Champions

1. 25% reduction compared to 2019 on an absolute basis 1. Fiber: Approximately 72% of our fiber comes from a supplier with a 1. W
 e continued our efforts to reduce overall usage and
2. 30% reduction compared to 2019 on a per-restaurant basis certification (Forest Stewardship Council or equivalent), based on information improve the recoverability of our packaging suite through
3. 1% reduction compared to 2019 per metric ton of beef, poultry, dairy and packaging about the supplier from public certification databases. This figure represents a combination of operating procedures and design
approximately two-thirds of our fiber volumes, with the remaining volumes principles. Data limitations present a challenge in accurately
PROGRESS

estimated but not linked to a specific supplier or certification quantifying progress. However, directional estimates show
Palm Oil: Approximately 95% of palm oil used for cooking supported the a 5% increase in fiber packaging and an 18% reduction in
production of sustainable palm oil and deforestation-free supply chains plastic packaging from the previous year on a per-restaurant
Soy: 100% of Brazilian feed mills that are part of Yum!’s supply chain were basis. Additionally, recoverability ranges from 25%-75% in
audited as compliant in aligning with the Amazon Soy Moratorium. our largest markets including the U.S., China and Europe.
Beef: 86% sourced from regions of lower risk of tropical deforestation (as 2. 3.2 million lbs. of food donated in the U.S.
defined by CDP), with 84% coming from the U.S. and Canada
2. We continued our commitment to responsible water usage in Company-owned
restaurants.

• We had a 25% absolute reduction in emissions compared to 2019, largely due to energy • Completed the WWF Biodiversity Risk Filter assessment to better understand • KFC, Habit Burger & Grill and Taco Bell participated in
savings efforts and renewable energy in key markets like the U.K. nature-related risks in our business the Petaluma Reusable Cup Project, led by Closed Loop
Partners’ Center for the Circular Economy, the first citywide
• Integrated sustainable practices into our restaurants to drive energy, cost and • Mapped out our pathway to the Taskforce on Nature-related Financial
program in the U.S. to offer reusable to-go cups at no cost
operational efficiencies that include energy management systems (EMS) and energy Disclosures
to consumers.
efficient equipment
HIGHLIGHTS

• Engaged poultry suppliers on soy sustainability through KFC’s inaugural

• Collaborated with the School of Sustainable Engineering
• Opened flagship sustainable restaurants including a KFC identified as India’s first Global Poultry Sustainability Summit
and the Built Environment at Arizona State University to
platinum rated quick service restaurant, a Pizza Hut in Vietnam being recognized as
• Initiated a global risk assessment for soy in feed with industry expert 3Keel independently evaluate and research the environmental
a LEED Gold-certified green building and Taco Bell franchisee Diversified Restaurant
performance of single-use and reusable cups and identify
Group’s first all-electric restaurant in California
system-level dependencies
• Improved origin data allowed the use of regional emission factors in our core protein
• The new Pizza Hut wing bowl in the U.S. is now recyclable
(beef and poultry) analysis enabling a more accurate estimation of the environmental
and includes recycled content.
impact. These factors were applied to 2024 and our 2019 baseline emissions.
• Taco Bell U.S. led a waste characterization study in select
• Continued supply chain programs focused on reducing emissions including Pizza Hut’s
restaurants in California.
efforts in the U.S. with dairy farmers and Taco Bell’s collaboration with the National Fish
& Wildlife Foundation on sustainable ranching practices 7
Deadline to achieve each commitment is end of stated year unless declared otherwise
2024 GRI INDEX
GRI 1 – FOUNDATION 2021
Yum! Brands has reported in accordance with the Global Reporting Initiative (GRI) Standards for the period January 1 to December 31, 2024. GRI had not released the sector standards for the food and
beverages industry as of the publication date July 1, 2025. No sector standards were applicable. All responses with the following character ">" indicate the navigation structure of the Yum! Brands 2024
Global Citizenship & Sustainability Report.
Disclosure Response
GRI 2
General Disclosures 2021: Organizational Details
2-1 Organizational details Yum! Brands, Inc.
2024 Form 10-K, Title Page, p. 1
Louisville, Kentucky, U.S.
2024 Form 10-K, Business, p. 3
Locations:
KFC
Pizza Hut
Taco Bell
Habit Burger & Grill
2-2 Entities included in the organization's sustainability reporting 2024 Form 10-K, Overview of Business, pp. 3-4, Principles of Consolidation and Basis of Preparation p. 63
2024 Form 10-K, Principles of Consolidation and Basis of Preparation, p. 63
The same entities included in the audited consolidated financial statements of Yum! Brands, Inc. are included within sustainability reporting.
As applicable, certain additional operational information relating to third-party entities within Yum!'s value chain, including franchisees and
suppliers, is also used.
2-3 Reporting period, frequency and contact point Annual
Year End: December 31, 2024
Publication Date: July 1, 2025
impact@[Link]
2-4 Restatements of information No restatements have been made in the current reporting year.
2-5 External assurance The Statement of Greenhouse Gas Emissions, which includes Scope 1, 2 and 3 GHG emissions, was subject to limited assurance in accordance
with the attestation standards established by the American Institute of Certified Public Accountants.
In addition, all sustainability reporting is subject to multiple tiers of internal review, which may include subject matter experts, the legal
and compliance teams, and the executive team. Quarterly progress updates are provided to the Board-level Nominations & Governance
Committee and to the management-level ESG Disclosure Committee.

8
Disclosure Response
General Disclosures 2021: Activities & Workers
2-6 Activities, value chain and other business relationships 2024 Form 10-k, Business, pp. 3-11
Locations:
KFC
Pizza Hut
Taco Bell
Habit Burger & Grill
2-7 Employees 2024 Form 10-K, Human Capital Management, pp. 7-8
2-8 Workers who are not employees Omission: Yum! selectively utilizes contractors within above-restaurant roles, however the total number is considered insignificant for
reporting purposes, hence no further disclosure is made.
General Disclosures 2021: Governance
2-9 Governance structure and composition DEF 14A Proxy Statement (definitive), hereinafter referred to as "2025 Proxy", pp. 6-15
Approach > Corporate & Sustainability Governance
2-10 Nomination and selection of the highest governance body 2025 Proxy, pp. 7-10, 18

2-11 Chair of the highest governance body 2025 Proxy, pp. 19-20

2-12 Role of the highest governance body in overseeing the management of impacts 2025 Proxy, pp. 19-22, 24-25

2-13 Delegation of responsibility for managing impacts 2025 Proxy, pp. 21-22, 24-25
2-14 Role of the highest governance body in sustainability reporting 2025 Proxy, pp. 21-22
2-15 Conflicts of interest Global Code of Conduct, p. 15
2-16 Communication of critical concerns 2025 Proxy, p. 23
2-17 Collective knowledge of the highest governance body 2025 Proxy, p. 9
2-18 Evaluation of the performance of the highest governance body 2025 Proxy, pp. 19-20
2-19 Remuneration policies 2025 Proxy, pp. 16-18, 22
2-20 Process to determine remuneration 2025 Proxy, pp. 16-18
2-21 Annual total compensation ratio 2025 Proxy, CEO Pay Ratio, p. 73

9
Disclosure Response
General Disclosures 2021: Strategy, Policies & Practice
2-22 Statement on sustainable development strategy Yum! Brands 2024 Global Citizenship & Sustainability Report > CEO Message
2-23 Policy commitments Reporting & Policies
2-24 Embedding policy commitments Approach > Corporate & Sustainability Governance
People > Ethics & Human Rights
Planet
Food
2-25 Processes to remediate negative impacts Global Code of Conduct, pp. 29-34
2-26 Mechanisms for seeking advice and raising concerns describe the mechanisms for
Global Code of Conduct, pp. 29-34
individuals
2-27 Compliance with laws and regulations 2024 Form 10-K, Note 20: Contingencies, pp. 104-105
2-28 Membership associations Approach > Risk Management & Disclosures
Reporting & Materiality
General Disclosures 2021: Stakeholder Engagement
2-29 Approach to stakeholder engagement Approach > Risk Management & Disclosures
Reporting & Materiality
2-30 Collective bargaining agreements As of December 31, 2024, approximately 14% of employees reported to be represented by an independent trade union or covered by
collective bargaining agreements.
GRI 3
General Disclosures 2021: Material Topics
3-1 Process to determine material topics Approach > Risk Management & Disclosures
Reporting & Materiality
3-2 List of material topics Approach > Risk Management & Disclosures
Reporting & Materiality
3-3 Management of material topics Approach > Risk Management & Disclosures
Reporting & Materiality

10
Disclosure Response

GRI 200 ECONOMIC

201: Economic Performance
Management of the material topic 2024 Form 10-K, Financial Statements and Supplementary Data, pp. 55-63

201-1 Direct economic value generated and distributed 2024 Form 10-K, Financial Statements and Supplementary Data, pp. 55-109

201-2 Financial implications and other risks and opportunities due to climate change 2024 Form 10-K, Risk Factors, pp. 9-23

201-3 Defined benefit plan obligations and other retirement plans 2024 Form 10-K, Pension, Retiree Medical and Retiree Savings Plans, pp. 89-94

201-4 Financial assistance received from government 2024 Form 10-K, Income Taxes, pp. 97-100

202: Market Presence

Management of the material topic 2024 Form 10-K, Human Capital, pp. 7-8
Yum! is committed to paying our employees fairly and equitably for their work. In the U.S., where most of our above-restaurant employees
202-1 Ratios of standard entry level wage by gender compared to local minimum wage reside, we routinely analyze pay to confirm that pay disparities by gender and ethnicity do not exist when taking into account all job- and
performance-related pay factors.
Yum! is committed to developing all employees at all levels and supporting growth from within, across our operations.
202-2 Proportion of senior management hired from the local community
For more information, visit [Link].
205: Anti-corruption
Global Code of Conduct
Management of the material topic Supplier Code of Conduct
People > Ethics & Human Rights
205-1 Operations assessed for risks related to corruption People > Ethics & Human Rights
People > Ethics & Human Rights
205-2 Communication and training about anti-corruption policies
100% of Yum! employees, including our board of directors, are annually trained in anti-corruption practices.
There were no confirmed instances of corruption in 2024, as reported as breaches in our Global Code of Conduct, which would rise to the level
205-3 Confirmed incidents of corruption and actions taken
of materiality and warrant inclusion in our report.
206: Anti-Competitive Behavior
Management of the material topic Global Code of Conduct

206-1 Legal actions for anti-competitive behavior, anti-trust and monopoly practices There were no confirmed instances of anti-competitive behavior, anti-trust and monopoly practices in 2024.

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Disclosure Response
207: Tax Governance, Control & Risk Management
2024 Form 10-K, Income Taxes, pp. 97-100
Management of the material topic 2025 Proxy, pp. 23-25, 100-101
Tax & Trade Policy
2025 Proxy, pp. 100-101
207-1 Approach to Tax Political Contributions Policy
Tax & Trade Policy
207-2 Tax governance, control and risk management 2025 Proxy, pp. 23-25, 100-101
2025 Proxy, p. 23
207-3 Stakeholder engagement and management of concerns related to tax Political Contributions Policy
Tax & Trade Policy
207-4 Country-by-country reporting 2024 Form 10-K, Income Taxes, pp. 97-100

GRI 300: ENVIRONMENTAL

301: Materials
Sustainable Packaging & Waste Reduction page on [Link]
Global Forest Stewardship Policy
Palm Oil Policy
Management of the material topic Paper-based Packaging Sourcing Policy
Sustainable Packaging Policy
Quantified values should be considered estimates. We are actively working to address the underlying data limitations.
In 2024, approximately 515,000 metric tons of fiber- (renewable) and 120,000 metric tons of plastic- (non-renewable) based consumer-facing
301-1 Materials used by weight or volume
packaging and consumer servicewares were used.
We encourage the use of recycled and reclaimed sources of material in packaging and servicewares as feasible and as allowed by local
regulations, however quantification of these percentages is not currently available and efforts to improve data collection are ongoing.
301-2 Recycled input materials used
See Planet > Packaging & Circularity for more information on Yum!’s packaging initiatives.
We encourage the use of recycled and reclaimed sources of material in packaging and servicewares as feasible and as allowed by local
regulations, however quantification of these percentages is not currently available and efforts to improve data collection are ongoing.
301-3 Reclaimed products and their packaging materials

See Planet > Packaging & Circularity for more information on Yum!’s packaging initiatives.

12
Disclosure Response
302: Energy
Climate Action page on [Link]
Management of the material topic Note: Our 2025 CDP Questionnaire will be submitted after the publishing date of this report. No material changes are expected to our
strategies and identified risks compared with our 2024 CDP submission.

302-1 Energy consumption within the organization

Total fuel consumption within the organization from non-renewable sources, Fuel from non-renewable sources: 693,925 GJ
in joules or multiples, and including fuel types used
Total fuel consumption within the organization from renewable sources, Fuel from renewable sources: 0 GJ
in joules or multiples, and including fuel types used
In joules, watt-hours or multiples, the total: Energy consumption from electricity only: 1,094,372 GJ
• electricity consumption
• heating consumption
• cooling consumption
• steam consumption
In joules, watt-hours or multiples, the total: Yum! does not sell energy.
• electricity sold
• heating sold
• cooling sold
• steam sold
Total energy consumption within the organization, in joules or multiples Total energy consumption: 1,788,298 GJ

Standards, methodologies, assumptions and/or calculation tools used Energy consumption within the organization relates to operations over which Yum!, or one of its subsidiaries, has the full authority to
introduce and implement its operating policies.

For information regarding standards, methodologies, assumptions and calculations, refer to the Statement of Greenhouse Gas Emissions.
Source of the conversion factors used U.S. Energy Information Administration (EIA), 1 MWh : 3.6 GJ

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Disclosure Response
Total energy consumption for franchise restaurants is estimated to be 62,758,518 GJ.
302-2 Energy consumption outside of the organization
For information regarding standards, methodologies, assumptions and calculations, refer to the Statement of Greenhouse Gas Emissions.
302-3 Energy intensity

302-3 Energy intensity ratio for the organization 1,075 GJ per restaurant

302-3 Organization-specific metric (the denominator) chosen to calculate the ratio Average number of Company-owned and franchisee-owned restaurants in the reporting year
302-3 T ypes of energy included in the intensity ratio; whether fuel, electricity, heating,
Fuel and electricity
cooling, steam, or all
302-3 W
 hether the ratio uses energy consumption within the organization, outside of it,
Total energy consumption from corporate offices, Company-owned and franchisee-owned restaurants
or both
Yum! centers its conservation strategy on developing brand standards for efficient restaurant design, appliances and technology. Each of our
brands maintains and applies efficiency standards to new restaurant builds and remodels. The standards include recommendations on HVAC,
302-4 Reduction of energy consumption
cooking equipment, refrigeration, lighting and signage. Implementation of the recommended measures will reduce the average energy of
Yum!’s global restaurant portfolio.
302-5 Reductions in energy requirements of products and services Omission: This disclosure is not applicable to Yum! Brands products and services.

303: Water
Planet > Nature & Biodiversity
2024 CDP Questionnaire
Management of the material topic Yum! remains committed to responsible water usage throughout the value chain. Water is an essential resource in the production of both
our food and packaging, and is used in our restaurants primarily for product preparation and sanitation. Refer to 2024 CDP Questionnaire
for description of Yum!’s water strategy and risk assessment processes, which includes the periodic use of WRI Aqueduct Water Risk Atlas to
identify restaurants and key suppliers located in water-stressed areas.
Planet > Nature & Biodiversity
2024 CDP Questionnaire
303-1 Interactions with water as a shared resource
Note: Our 2025 CDP Questionnaire will be submitted after the publishing date of this report. No material changes are expected to our
strategies and identified risks compared with our 2024 CDP submission.
2024 CDP Questionnaire
303-2 Management of water discharge-related impacts Note: Our 2025 CDP Questionnaire will be submitted after the publishing date of this report. No material changes are expected to our
strategies and identified risks compared with our 2024 CDP submission.
All material water withdrawals associated with restaurant operations are from municipal water/third-party systems, and are used primarily for
303-3 Water withdrawal product preparation and sanitation.
Quantification of water-related metrics was not possible due to data challenges. Efforts to improve data collection are ongoing.
All water withdrawn by restaurants, and not consumed in selective product preparation, is discharged to municipal water systems and, for
303-4 Water discharge
those restaurants with landscaping irrigation, to groundwater.
303-5 Water consumption All water withdrawn by restaurants is consumed in selective product preparation, sanitation and, if applicable, landscaping irrigation.

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Disclosure Response
305: Emissions
Planet
2024 CDP Questionnaire
Management of the material topic
Note: Our 2025 CDP Questionnaire will be submitted after the publishing date of this report. No material changes are expected to our
strategies and identified risks compared with our 2024 CDP submission.
305-1 Direct (Scope 1) GHG emissions
Gross direct (Scope 1) GHG emissions in metric tons of CO2 equivalent 41,192 MT CO2e

Gases included in the calculation; whether CO2 , CH4 , N2O, HFCs, PFCs, SF6, CO2, CH4, N2O, HFCs
NF3 or all
Biogenic CO2 emissions in metric tons of CO2 equivalent 0 MT CO2e

Base year for the calculation, if applicable, including: 2019. See Statement of Greenhouse Gas Emissions for further discussion of base year.
• the rationale for choosing it
• emissions in the base year
• the context for any significant changes in emissions that triggered recalculations
of base year emissions
Source of the emission factors and the global warming potential (GWP) rates used, See Statement of Greenhouse Gas Emissions for further discussion.
or a reference to the GWP source
Consolidation approach for emissions; whether equity share, financial control or Operational control
operational control
Standards, methodologies, assumptions, and/or calculation tools used See Statement of Greenhouse Gas Emissions for further discussion.

305-2 Energy indirect (Scope 2) GHG emissions

Gross location-based energy indirect (Scope 2) GHG emissions in metric tons of 121,117 MT CO2e
CO2 equivalent
If applicable, gross market-based energy indirect (Scope 2) GHG emissions in 99,517 MT CO2e
metric tons of CO2 equivalent
If available, the gases included in the calculation; whether CO2, CH4 , N2O, HFCs, CO2, CH4, N2O, HFCs
PFCs, SF6, NF3 or all
Base year for the calculation, if applicable, including: 2019. See Statement of Greenhouse Gas Emissions for further discussion of base year.
• the rationale for choosing it
• emissions in the base year
• the context for any significant changes in emissions that triggered recalculations
of base year emissions
Source of the emission factors and the global warming potential (GWP) rates used, See Statement of Greenhouse Gas Emissions for further discussion.
or a reference to the GWP source
Consolidation approach for emissions; whether equity share, financial control or Operational control
operational control
Standards, methodologies, assumptions and/or calculation tools used See Statement of Greenhouse Gas Emissions for further discussion.

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Disclosure Response
305-3 Other indirect (Scope 3) GHG emissions
Gross other indirect (Scope 3) GHG emissions in metric tons of CO2 equivalent 33,959,598 MT CO2e (location-based)
If available, the gases included in the calculation CO2 , CH4 , N2O, HFCs
whether CO2 , CH4 , N2O, HFCs, PFCs, SF6 , NF3 or all
Biogenic CO2 emissions in metric tons of CO2 equivalent 0 MT CO2e

Other indirect (Scope 3) GHG emissions categories and activities included in the See Statement of Greenhouse Gas Emissions for further discussion.
calculation
Base year for the calculation, if applicable, including: 2019. See Statement of Greenhouse Gas Emissions for further discussion.
• the rationale for choosing it
• emissions in the base year
• the context for any significant changes in emissions that triggered recalculations
of base year emissions
Source of the emission factors and the global warming potential (GWP) rates used, See Statement of Greenhouse Gas Emissions for further discussion.
or a reference to the GWP source
Standards, methodologies, assumptions and/or calculation tools used See Statement of Greenhouse Gas Emissions for further discussion.
305-4 GHG emissions intensity
305-4 GHG emissions intensity ratio for the organization 124 MT CO2e per restaurant

305-4 Organization-specific metric (the denominator) chosen to calculate the ratio Average number of Company-owned and franchisee-owned restaurants in the reporting year
305-4 T ypes of GHG emissions included in the intensity ratio; whether direct (Scope 1),
Scope 1, 2 and 3 emissions associated with energy use in corporate offices, Company-owned restaurants and franchisee-owned restaurants
energy indirect (Scope 2) and/or other indirect (Scope 3)
305-4 Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6,
CO2, CH4, N2O, HFCs
NF3 or all
Yum! centers our conservation strategy on developing brand standards for efficient restaurant design, appliances and technology. Each of our
brands maintains and applies efficiency standards to new restaurant builds and remodels. The standards include recommendations on HVAC,
305-5 Reduction of GHG emissions
cooking equipment, refrigeration, lighting and signage. Implementation of the recommended measures will reduce the average energy of
Yum!’s global restaurant portfolio.
305-6 Emissions of ozone-depleting substances (ODS) Omission: This disclosure is not applicable to Yum! Brands products and services.

305-7 Nitrogen oxides (NOx), sulfur oxides (SOx) and other significant air emissions Omission: This disclosure is not applicable to Yum! Brands products and services.

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Disclosure Response
306: Waste 2020
Management of the material topic Planet > Packaging & Circularity

306-1 Waste generation and significant waste-related impacts Planet > Packaging & Circularity

306-2 Management of significant waste related impacts Planet > Packaging & Circularity
The total weight of nonhazardous waste removed from restaurants, both Company-owned and franchised, is an estimated 5,864,332 MT.
306-3 Waste generated This does not include products and packaging disposed of by consumers outside of the restaurants. We do not generate material quantities of
hazardous waste.
Yum! is committed to enhancing recoverability of our product packaging, with recoverability rates ranging from 25-75% in our largest
306-4 Waste diverted from disposal
markets, including the U.S., China and Europe. Additionally, Yum! donated over 2,700 MT of surplus food across 34 countries in 2024.
306-5 Waste directed to disposal Omission: Quantification of waste is not available due to data challenges. Efforts to improve data collection are ongoing.

308: Supplier Environmental Assessment

People > Ethics & Human Rights
Management of the material topic
Supplier Code of Conduct
308-1 New suppliers that were screened using environmental criteria Yum! is taking steps to introduce environmental and sustainability criteria as part of supplier onboarding for our key categories.
Yum! discloses our climate-related risks and opportunities through a Task Force on Climate-related Financial Disclosures (TCFD) report.
The results of our TCFD assessment, conducted in 2021, provide an analysis of the physical and regulatory risks that directly impact our
308-2 Negative environmental impact in the supply chain and actions taken
restaurants and supply chain across regions and brands. This helps guide the prioritization of our work in addressing and mitigating risks of
climate issues.

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Disclosure Response
GRI 400: SOCIAL
401: Employment
Management of the material topic People

401-1 New employee hires and employee turnover The estimated global employee turnover for above-restaurant employees was 16%.
Yum! and our franchisees offer restaurant employees a range of medical benefits, health initiatives, childcare discounts, educational
scholarships and tuition reimbursement, and gym discounts, as well as training and development opportunities. Our Company above-
401-2 Benefits provided to full-time employees that are not provided to temporary or
restaurant employees benefit from a total rewards package that includes wellness programs, flexible working hours, working from home
part-time employees
arrangements, parental leave for primary and non primary caregivers, lactation facilities, a generous 401(k) match and more. Most of the
employee programs and benefits are applicable in the U.S. and subject to change in other markets.
While Yum! does not have a global primary leave policy, the organization follows all applicable laws and regulations where it operates and in
many cases goes beyond. Based on information from key markets, Yum! estimates that its global above-restaurant employees and restaurant
general managers/assistant managers at Company-owned restaurants, receive a minimum of six weeks of paid time off. In the U.S., Yum!
401-3 Parental leave offers eligible employees who are restaurant area coaches and above up to six weeks time off after welcoming a child as a result of birth,
adoption, foster care, or legal guardianship under Yum!’s Baby Bonding Policy. Certain U.S. restaurant employees are also eligible for baby
bonding benefits. Those who are not eligible for baby bonding may be eligible for leave based on both the Family and Medical Leave Act and
applicable state law.
402: Labor/Management Relations
Yum! is committed to maintaining a work environment that respects and supports human rights around the world. Our ethics and compliance
program, based on our Global Code of Conduct, demands the highest ethical standards in all of our operations globally. This policy applies
to all directors, officers and employees of Yum!, as well as to our international agents, consultants, joint venture partners and any other third-
party representatives acting on our behalf. We respect the right of all employees to associate or not to associate with any group, as permitted
Management of the material topic by applicable laws and regulations. We require compliance with all local labor laws in every market where we operate. We have and will
continue to partner with various stakeholders to collect input and help guide our human rights efforts.

Human Rights & Labor Practices Policy

Global Code of Conduct
Yum! requires its franchisees to fully comply with applicable national and/or local legal requirements for minimum notice periods regarding
402-1 Minimum notice periods regarding operational changes
significant operational changes.

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Disclosure Response
403: Occupational Health & Safety
People > Ethics & Human Rights
Management of the material topic
Food > Food Safety
The Yum! Code of Conduct highlights our safety commitments. Employees participate in personal protective equipment pilots, safety rewards
program, monthly safety topics and meetings. We continually improve occupational health and safety (OHS) systems to provide focus
and assistance to outlier brands and restaurants based on injury trend analysis and benchmark results in the U.S. and other larger global
business units. Yum! Enterprise Risk assessments include prioritization, quarterly injury trend reviews with action plans and follow-up. Yum!
403-1 Occupational health and safety management system is committed to continuous improvement; metrics we track include: quarterly injury rate trends, safety awards participation rates, risk/injury
costs included in Yum!, brands and restaurant-level financials. Our Code of Conduct contains numerous safety commitments and is endorsed
by the board of directors and executive team.
People
Food
Yum! has extensive programs in place to support occupational health and safety. Yum! conducts periodic hazard assessments in the U.S.
with a third party. Company-owned units and larger markets in the U.S. also generate quarterly trend analysis and action plans targeted at
reducing prior year injury rates. Yum! Brands’ Enterprise Risk Management process includes tabletop exercises to be better prepared for
crisis. At the brand level, each brand conducts operational inspections and cleanliness review and internal inspections to ensure, among
other things, safety and security. Brands are also responsible for investigating work related injuries and illness. Systems are in place for area
403-2 Hazard identification, risk assessment and incident investigation
or district and assets protection managers to receive electronic notice of injury for their immediate follow-up prevention. Employees are also
trained during orientation and other relevant training sessions on safety and security.

Food > Food Safety

Global Code of Conduct, p. 22
Food > Food Safety
403-3 Occupational health services
Global Code of Conduct, p. 22
403-4 Worker participation, consultation and communication on occupational health and Food > Food Safety
safety Global Code of Conduct, p. 22
Food > Food Safety
403-5 Worker training on occupational health and safety
Global Code of Conduct, p. 22
Food > Food Safety
403-6 Promotion of worker health
Global Code of Conduct, p. 22
403-7 Prevention and mitigation of occupational health and safety impacts directly linked Food > Food Safety
by business relationships Global Code of Conduct, p. 22
403-8 Workers covered by an occupational health and safety management system All Company restaurants are governed by safety standards and employees undertake training on those standards.
403-9 Work-related injuries Omission: Yum! Brands does not disclose this information due to confidentiality constraints.
403-10 Work-related ill health Omission: Yum! Brands does not disclose this information due to confidentiality constraints.

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Disclosure Response
404: Training & Education
Management of the material topic People
404-1 Average hours of training that the organization’s employees have undertaken
People
during the reporting period
404-2 Programs for upgrading employee skills and transition assistance programs People
All employees are expected to participate in annual performance and career reviews. Performance of the individual and of the teams are
404-3 Percentage of employees receiving regular performance and career development
included in appraisals to further development of associates and achievement of management objectives. Multidimensional performance
reviews
appraisals are part of employee development.
405: Diversity & Equal Opportunity
Management of the material topic People

Gender Percent Female Percent Male

Board of Directors 36% 64%
Leadership 44% 56%
All Employees 42% 58%

Age Group Percent Under 30 Percent 30-50 Percent over 50

405-1 Diversity of governance bodies and employees Board of Directors 0% 0% 100%
Leadership 0% 79% 21%
All Employees 52% 39% 10%

Note: Sums may be less than 100% due to employee populations not reporting.

Other indicators of diversity where relevant (such as minority or vulnerable groups)

None reported

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Disclosure Response
At Yum!, we are committed to paying our employees fairly and equitably. Our pay practices are grounded in market competitive and
performance-based principles to attract, retain and reward world-class talent. We leverage tools and processes to establish equitable pay
decisions, including salary ranges and bonus targets by level, objective performance goals and ratings, and clear guidelines for merit
increases, bonuses and long-term incentives tied to performance. In the U.S., where a significant portion of our population resides, we run
405-2 Ratio of basic salary and remuneration of women to men
an annual statistical regression analysis to establish that pay disparities by gender and ethnicity do not exist. Taking into account all job- and
performance-related factors used in making pay decisions, the analysis finds we do not have any statistically significant variances in pay for
any gender or ethnic group. We are committed to continuing to review and refine our practices and processes to establish we are rewarding
our employees fairly.
406: Non-discrimination
People > Ethics & Human Rights
Management of the material topic Global Code of Conduct
Supplier Code of Conduct
There were four confirmed incidences of employment violations related to discrimination. These resulted in corrective actions and
406-1 Incidents of discrimination and corrective actions taken
remediation, with additional training and settlements. The incidents have been resolved.
407: Freedom of Association & Collective Bargaining
People > Ethics & Human Rights
Global Code of Conduct
Management of the material topic
Supplier Code of Conduct
Human Rights & Labor Practices Policy
Through a combination of Yum! internal, enterprise risk management procedures and periodic materiality assessments, we routinely assess
potential risks within our value chain, which may include human rights-related factors such as child and forced labor, freedom of movement
407-1 Operations and suppliers in which the right to freedom of association and collective and association, fair pay and conditions and anti-discrimination. We use these assessments to better understand where in our value chain
bargaining may be at risk potential human rights risks are most acute and to inform corrective actions and/or updates necessary as new impacts arise. We remain
committed to strengthening our due diligence processes throughout the value chain. For more information, refer to our Supplier Code of
Conduct and Human Rights & Labor Practices Policy.
408: Child Labor
People > Ethics & Human Rights
Global Code of Conduct
Management of the material topic
Supplier Code of Conduct
Human Rights & Labor Practices Policy
Through a combination of Yum! internal, enterprise risk management procedures and periodic materiality assessments, we routinely assess
potential risks within our value chain, which may include human rights-related factors such as child and forced labor, freedom of movement
and association, fair pay and conditions and anti-discrimination. We use these assessments to better understand where in our value chain
408-1 Operations and suppliers at significant risk for incidents of child labor
potential human rights risks are most acute and to inform corrective actions and/or updates necessary as new impacts arise. We remain
committed to strengthening our due diligence processes throughout the value chain. For more information, refer to our Supplier Code of
Conduct and Human Rights & Labor Practices Policy.

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Disclosure Response
409: Forced or Compulsory Labor
People > Ethics & Human Rights
Global Code of Conduct
Management of the material topic
Supplier Code of Conduct
Human Rights & Labor Practices Policy
Through a combination of Yum! internal, enterprise risk management procedures and periodic materiality assessments, we routinely assess
potential risks within our value chain, which may include human rights-related factors such as child and forced labor, freedom of movement
and association, fair pay and conditions and anti-discrimination. We use these assessments to better understand where in our value chain
409-1 Operations and suppliers at significant risk for incidents of forces or compulsory labor
potential human rights risks are most acute and to inform corrective actions and/or updates necessary as new impacts arise. We remain
committed to strengthening our due diligence processes throughout the value chain. For more information, refer to our Supplier Code of
Conduct and Human Rights & Labor Practices Policy.
413: Local Communities
Management of the material topic People > Community Impact
413-1 Operations with local community engagement, impact assessments and
People > Community Impact
development programs
413-2 Operations with significant actual and potential negative impacts on local
People > Community Impact
communities
414: Supplier Social Assessment
People > Ethics & Human Rights
Management of the material topic
Supplier Code of Conduct
People > Ethics & Human Rights
414-1 New suppliers that were screened using social criteria (percentage)
Supplier Code of Conduct
People > Ethics & Human Rights
414-2 Negative social impacts in the supply chain and actions taken
Supplier Code of Conduct
415: Public Policy
Yum! believes that it is important to discuss policies that may impact our business operations, franchisees, industry and stakeholders. We
adhere to all applicable laws that govern our interactions with public officials as well as our own Code of Conduct.
Management of the material topic
Global Code of Conduct
Political Contributions & U.S. Government Advocacy Policy
Yum! believes that it is important to openly discuss policies that may impact our business operations, franchisees, industry and stakeholders.
We adhere to all applicable laws that govern our interactions with public officials as well as our own Code of Conduct. Direct Political
415-1 Political contributions
Contributions made by our Political Action Committee (PAC) (January 1 - December 31, 2024) totaled $26,840. For detailed information
regarding the contributions, please visit the Federal Election Commission website.

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Disclosure Response
416: Consumer Health Safety
Yum! is committed to following all laws and providing guests with accurate information. Consumers rely on that information to make
decisions on where to dine as well as to make menu selections. Promoting transparency about our food empowers the consumer to make
personal choices. We follow U.S. and international guidelines to avoid marketing to children and are committed to our goal of limiting
Management of the material topic marketing communication to children under 12.

Food > Food Safety

Nutrition Strategy & Policy
Yum!'s first priority is to maintain an industry-leading, safe, high-quality food supply from farm to fork. Our vision is to deliver “Trust in Every
Bite™.” To achieve this, we have strong food safety management systems in place to evaluate each step of the supply chain. As of the end of
416-1 Percentage of significant product and service categories for which health and safety
2024, 89% of Yum! approved suppliers have achieved GFSI Recognized Certification, an internationally recognized industry standard. Non
impacts are assessed for improvement.
GFSI-certified suppliers remain subject to Yum!'s Supplier Food Safety Audits. These standards address areas where key risk factors exist, such
as employee health and hygiene, product handling, product temperature management, cross-contamination and more.
416-2 Incidents of non-compliance concerning the health and safety impact of products In 2024, there were no food safety-related recalls nor confirmed foodborne illness outbreaks resulting in U.S. Center for Disease Control and
and services Prevention (CDC) investigation.
417: Marketing & Labeling
Yum! is committed to following all laws and providing guests with accurate information. Consumers rely on that information to make
decisions on where to dine as well as to make menu selections. Promoting transparency about our food empowers the consumer to make
personal choices. We follow U.S. and international guidelines to avoid marketing to children and are committed to our goal of limiting
Management of the material topic
marketing communication to children under 12.

Food
Yum! is committed to following all laws and providing guests with accurate information. Promoting transparency about our food empowers
417-1 Requirements for product and service information and labeling the consumer to make personal choices. We follow U.S. and international guidelines to avoid marketing to children and are committed to our
goal of limiting marketing communication to children under 12.
417-2 Incidents of non-compliance concerning product and service information and
There were no reported incidents of non-compliance concerning product and service information and labeling in 2024.
labeling
417-3 Incidents of non-compliance concerning marketing communications There were no incidents of non-compliance concerning marketing communications in 2024.

418: Consumer Privacy

Yum! understands that in today’s digital environment, consumer and employee privacy is important and we are committed to treating
personal information with care. We invest significantly in tools, systems and people to help keep information secure as threats continue to
evolve.
Management of the material topic
Yum! Privacy Policy
Global Code of Conduct
Yum! maintains a program to address potential security and privacy incidents. The program includes processes to meet notification or other
418-1 Substantiated complaints concerning breaches of consumer privacy and losses of reporting obligations under applicable local laws. During the reporting year, Yum! received two substantiated complaints regarding breaches
consumer data of customer privacy from outside parties and three complaints originating from regulatory bodies. There were four identified leaks, theft or
losses of information during the reporting period.

23
2024 SASB Index
This disclosure marks Yum!'s fifth response to the Sustainability Accounting Standards Board (SASB) Restaurants Standard. For metrics for which data is not yet available, we offer information on our approach to and targets for these topics.

Accounting Metric Unit of Measure Code Response

Energy Management

(1) Total energy consumed, (2) percentage grid Gigajoules (GJ), FB-RN-130a.1 (1) 1,788,298 gigajoules (Scope 1 and 2)
electricity, (3) percentage renewable Percentage (%) (2) 100% grid electricity
(3) 13% renewable energy

Water Management

(1) Total water withdrawn, (2) total water Thousand FB-RN-140a.1 Yum! remains committed to responsible water usage throughout the value chain. Water is an essential resource
consumed, percentage of each in regions with cubic meters (m³), in the production of both our food and packaging, and is used in our restaurants primarily for product preparation
High or Extremely High Baseline Water Stress Percentage (%) and sanitation. Refer to the 2024 CDP Questionnaire for description of Yum!'s water strategy and risk assessment
processes. Due to data integrity and availability challenges, quantification of water usage within our restaurants was
not possible at the date of publishing.

Food & Packaging Waste Management

(1) Total amount of waste, (2) percentage food Metric tons (t), FB-RN-150a.1 See Sustainable Packaging & Waste page on [Link] for a summary of our circular approach to food and
waste, and (3) percentage diverted Percentage (%) packaging waste reduction. Our approach spans operational waste diversion, sustainably designed packaging and
donating surplus food to nonprofits through the Harvest Program.
(1) GRI 306-3

(1) Total weight of packaging, (2) percentage Metric tons (t) FB-RN-150a.2 (1) GRI 301-1
made from recycled and/or renewable Percentage (%) (2) GRI 301-2
materials, and (3) percentage that is
recyclable, reusable, and/or compostable (3) GRI 306-4

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Food Safety

(1) Percentage of restaurants inspected by a Percentage (%) FB-RN-250a.1 Yum! delivers “Trust in Every Bite™.” See Food > Food Safety for the measures we take together with our suppliers
food safety oversight body, (2) percentage and franchisees to uphold our industry-leading food safety program. In 2024, over 133,000 restaurant Food Safety
receiving critical violations Compliance Checks (food safety audits) were performed by third-party auditors.

(1) Number of recalls issued and (2) total Number, FB-RN-250a.2 There were no recalls issued.
amount of food product recalled Metric tons (t)

Number of confirmed foodborne illness Number FB-RN-250a.3 There were no confirmed illness outbreaks resulting in U.S. Centers for Disease Control and Prevention (CDC)
outbreaks, percentage resulting in public Percentage (%) investigation during the reporting year.
health authority investigation

Nutritional Content

(1) Percentage of meal options consistent with Percentage (%) FB-RN-260a.1 Yum! publishes online nutrition calculators for all four brands’ U.S. menus and provides consumers with convenient
national dietary guidelines and (2) revenue Reporting access to allergen and nutrition information.
from these options currency By 2030, 50% of core menu food options across main dishes, combos and sides will offer lower-calorie options to
be consistent with Yum!'s Nutrition Strategy & Policy that aligns with the World Health Organization (WHO) and the
Dietary Guidelines for Americans (DGA). For the 2024 reporting year, 32% of meal options were consistent with our
global nutrition criteria.
See Food > Balanced Choices

(1) Percentage of children’s meal options Percentage (%) FB-RN-260a.2 Yum! follows U.S. and international guidelines to avoid marketing to children and is committed to our goal of
consistent with national dietary guidelines for Reporting limiting marketing communication to children under 12.
children and (2) revenue from these options currency

Percentage of advertising impressions (1) Number FB-RN-260a.3 Yum! follows U.S. and international guidelines to avoid marketing to children and is committed to our goal of
made on children and (2) made on children promoting Percentage (%) limiting marketing communication to children under 12.
products that meet dietary guidelines for children

Labor Practices

(1) Voluntary and (2) involuntary turnover rate for Percentage (%) FB-RN-310a.1 (1) The voluntary turnover rate for restaurant employees at Company-owned locations globally was 75%.
restaurant employees (2) The involuntary turnover rate for restaurant employees at Company-owned locations globally was 25%.

(1) Average hourly wage, by region and (2) percentage of Reporting FB-RN-310a.2 For our Company-owned restaurants, our pay philosophy centers around market competitiveness, which is reviewed
restaurant employees earning minimum wage, by region currency, each year.
Percentage (%)

Total amount of monetary losses as a result of Reporting FB-RN-310a.3 (1) The total monetary losses resulting from legal proceedings associated with labor law violations in 2024 were
legal proceedings associated with (1) labor law currency approximately $105,000.
violations and (2) employment discrimination (2) The total monetary losses resulting from legal proceedings associated with employment discrimination in 2024
were approximately $690,000.

25
Supply Chain Management & Food Sourcing

Percentage of food purchased that (1) meets Percentage (%) FB-RN-430a.1 Yum! has commitments to social and environmental standards in key areas of our supply chain including produce,
environmental and social sourcing standards by cost palm oil and livestock. Our practices are aligned with third-party standards, such as the Fair Food Standards Council,
and (2) is certified to third-party environmental the Roundtable on Sustainable Palm Oil and the U.S. Roundtable for Sustainable Poultry & Eggs. We also support
and/or social standards One Health, a multi-sector, long-term effort to combat antimicrobial resistance by the United Nations WHO and
other key stakeholders. All of the poultry sourced by our U.S. brands is certified under the United States Department
of Agriculture's Process Verified Program as meeting the No Antibiotics Used Important to Human Medicine as
defined by the WHO. See also People, Planet and Food sections in the report.

Percentage of (1) eggs that originated from a Percentage (%) FB-RN-430a.2 Sourced 94% cage-free eggs (menu items and ingredients) across 25,000 restaurants, including the U.S., Western
cage-free environment and (2) pork that was by number, Europe and other leading markets. In line with Taco Bell’s prior commitment, they continue to source cage-free eggs
produced without the use of gestation crates Percentage (%) in the U.S. and Canada. We plan to continue our work with our suppliers to increase availability and transition to
by weight 100% cage-free eggs globally by 2030.

Discussion of strategy to manage environmental and social Discussion and Analysis FB-RN-430a.3 Food > Raised Responsibly, Planet > Climate
risks within the supply chain, including animal welfare

Activity Metrics

Number of (1) Company-owned and Number FB-RN-000.A (1) On December 31, 2024, there were 1,311 Company-owned restaurants.
(2) franchise restaurants (2) On December 31, 2024, there were 60,035 franchisee-owned restaurants.

Number of employees at (1) Company-owned and (2) Number FB-RN-000.B (1) On December 31, 2024, Yum! had approximately 40,000 employees.
franchise locations (2) We do not track the number of employees at franchisee-owned locations, but we estimate there to be over 1
million restaurant employees.

26