The information in Yum! Brands’ webcasts contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those projected. Factors that can cause our actual results to differ materially may include, but are not limited to, those referenced in documents available on our website: www.yum.com/investors. You should also consult our filings with the Securities and Exchange Commission (including the information set forth under the captions “Risk Factors” and “Forward-Looking Statements” in our most recently filed Annual Report on Form 10-K) for additional detail about factors that could affect our financial and other results. Forward-looking statements are based on and reflect our current expectations, estimates, assumptions and/or projections and are neither predictions nor guarantees of future events, circumstances or performance. You should not place undue reliance on forward-looking statements, which are made as of the date hereof. We are not undertaking to publicly update any forward-looking statement to reflect subsequent events or circumstances.