Yum! Brands, Inc., based in Louisville, Kentucky, is the world's largest restaurant company in terms of system restaurants with over 39,000 restaurants in more than 130 countries and territories. Yum! is ranked #201 on the Fortune 500 List with revenues of over $13 billion in 2012. The Company's restaurant brands - KFC, Pizza Hut and Taco Bell - are the global leaders of the chicken, pizza and Mexican-style food categories. Outside the United States, the Yum! Brands system opened over five new restaurants per day, making it a leader in international retail development. The Yum! system is comprised of company-owned restaurants (about 20% of the system) and franchised or licensed restaurants and operations (about 80% of the system). Yum! Brands does not own or operate its franchised or licensed units. Outside the United States, the Yum! Brands system opened more than five new restaurants each day of the year in 2012, making it a leader in international retail development.

At Yum!, we are truly proud of the unique culture we've built, one that's filled with energy, opportunity and fun. We believe in our people, trust in their positive intentions, encourage ideas from everyone, and have actively developed a workforce that is diverse in style and background. Yum! is a place where anyone can, and does, make a difference.

This commitment to people extends to the communities we serve across the world. Corporate Social Responsibility (CSR) is central to our ability to succeed in the marketplace and to be a positive, responsible corporate citizen. We are actively working to align our CSR actions globally to drive industry-leading, long-term shareholder and franchisee value by operating as a responsible corporate citizen around the world. To this end, we recently adopted a global CSR framework to align and drive commitments in four categories: our food, our people, our community and our environment.

Because we're the largest restaurant company in the world and we're passionate about helping people better themselves and their communities, we're working to address these priorities:

• The health and nutritional needs of our customers
• Feeding the world's hungry
• Being responsible and intentional in our actions toward the sustainability of the environment and agricultural resources on which our business depends
• Building people capability in our associates around the world

We invite you to read our updated Corporate Social Responsibility report. This report highlights the efforts our global brands are making to be socially responsible companies and outlines the commitments we are making going forward.