Yum! News 2014

Nov 20, 2014 YUM! BRANDS INC. APPOINTS GREG CREED AND ELANE B. STOCK TO BOARD

Nov 12, 2014 YUM! BRANDS NAMED ONE OF THE AON HEWITT TOP COMPANIES FOR LEADERS IN NORTH AMERICA

Nov 3, 2014 DAVID GIBBS PROMOTED TO GLOBAL PIZZA HUT CEO, EFFECTIVE JANUARY 1, 2015 *** Gibbs will succeed Scott Bergren who is retiring; Tracy Skeans promoted to President, Pizza Hut, International

Oct 7, 2014 Yum! Brands Reports Third-Quarter EPS Growth of 3%, Excluding Special Items; Soft China Sales Reduce 2014 Full-Year EPS Expectations

Sep 17, 2014 Pizza Hut Opens First Restaurant in Africa *** Milestone in South Africa Spotlights Company’s Expansion in Emerging Markets

Aug 5, 2014 Yum! Brands, KFC, Pizza Hut and Taco Bell Launch World Hunger Relief Effort with Global Spokesperson Christina Aguilera in New “Pass The Red Cup” Challenge *** Aguilera uses Powerful Voice to Raise Awareness and Funds for Nearly 850 Million Hungry Worldwide

Jul 16, 2014 Yum! Brands Reports Second-Quarter EPS Growth of 30%, Excluding Special Items; China Division System Sales Increased 21% with Operating Profit Growth of 188%; Yum! Reaffirms Full-Year Guidance of at least 20% EPS Growth

Jul 1, 2014 Yum! Brands Opens First KFC in Bolivia *** World’s Most Popular Chicken Chain Expands in Emerging Markets

Jun 10, 2014 Lift a Life Foundation Mobilizes Nearly 200,000 Students Nationwide with Second Annual “Lead2Feed World Hunger Leadership Challenge” in Partnership with USA TODAY Charitable Foundation *** Yum! Brands Foundation Awards Over $250,000 in Grant Prizes to 100 Student Teams For U.S. Hunger Relief Charities

May 1, 2014 Yum! Brands Announces CEO Succession Plan, Becomes Effective on January 1, 2015 David C. Novak Announces He Will Transition from YUM Chairman/CEO to Executive Chairman Greg Creed Will Become YUM Brands Chief Executive Officer and Join Board of Directors Office of Chairman Will Be Formed With Novak, Sam Su, Creed

Apr 22, 2014 Yum! Brands Reports First-Quarter EPS Growth of 24%, Excluding Special Items; China Division System Sales Increased 17% with Operating Profit Growth of 80%; Yum! Reaffirms Full-Year Guidance of at least 20% EPS Growth

Apr 9, 2014 Yum! Brands Opens First Pizza Hut in Iraq *** Milestone Spotlights Company’s Expansion in Emerging Markets

Mar 31, 2014 Yum! Brands Releases New CSR Report and Declares April “CSR Month” Report Updates Performance and Progress Across Four Strategic Areas of Focus: Food, People, Community and Environment

Mar 26, 2014 KFC China Launches New Menu and Marketing Strategy Nationwide *** Milestone Signifies Next Phase of Company’s Aggressive and Comprehensive Plan to Restage KFC in China

Jan 10, 2014 KFC Thailand Replaces the Colonel with Consumer Selfies on ‘Happy Buckets’

Jan 9, 2014 Yum! Brands’ World Hunger Relief Efforts Result in Record–Breaking $37 Million in Cash and Food Donations More Than 148 Million Meals Provided to United Nations World Food Programme and Other Hunger Relief Agencies

Jan 7, 2014 YUM! BRANDS APPOINTS GIBBS PRESIDENT OF PIZZA HUT U.S., MARKER AS GENERAL MANAGER OF KFC U.S. Company Evolving to Newly Reorganized Global Brand Structure to Propel Growth

Jan 3, 2014 Cricket Fans Take Flight in KFC Australia’s Green & Gold Skybox Aussies get bird’s eye view of Ashes with KFC’s restaurant in the sky

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