YUM! BRANDS, INC.

2014 Direct Political Corporate Contributions and Expenditures

January 1, 2014 to December 31, 2014

The information which follows identifies the individual recipients and political organizations receiving corporate contributions from the Company during the period beginning January 1, 2014 and ending December 31, 2014, the state of each recipient and the amount contributed to each recipient.

CALIFORNIA
CANDIDATE / AMOUNT($)
Citizens for Jobs and a Strong Economy / $1500
Jim Wood for Assembly 2014 / $233
Olsen for Assembly 2014 / $1,000
Rob Bonta for State Assembly / $1,000
Jim Wood for Assembly 2014 / $1,000
Miguel Santiago for Assembly / $1,000
Rodriguez for Assembly 2014 / $1,000
Eduardo Garcia for Assembly / $1,000
Ben Allen for Senate 2014 / $1,000
Democratic Party of California / $5,000
California Restaurant Assoc PAC / $6,300
FLORIDA
CANDIDATE / AMOUNT($)
Republican Party of Florida / $500
MAINE
CANDIDATE / AMOUNT($)
Committee to Re-elect Paul LePage / $500
MARYLAND
CANDIDATE / AMOUNT($)
Friends of Anthony Brown / $1,000
NEW MEXICO
CANDIDATE / AMOUNT($)
Susana Martinez for Governor / $500
NEW YORK
CANDIDATE / AMOUNT($)
Jeff Klein for New York / $1,000
NY Senate Republican Campaign Committee / $4,000
SOUTH CAROLINA
CANDIDATE / AMOUNT($)
Haley for Governor / $1,000
NATIONAL PARTY COMMITTEES
CANDIDATE / AMOUNT($)
Democratic Attorneys General Association / $10,000
Democratic Governors Association / $15,000
Republican Governors Association / $35,000
Republican Legislative Campaign Committee / $25,000

YUM! BRANDS, INC.

Trade Association and Advocacy Organization Political Contributions and Expenditures

January 1, 2014 to December 31, 2014

For any trade associations and other advocacy organizations (classified as such for purposes of the tax rules at Internal Revenue Code Section 501(c)(6)) that received at least $50,000 in dues during the calendar year from the Company, the Company will request that the trade association or organization identify the portion of the Company’s payments, if any, used for non-deductible political purposes as defined under Internal Revenue Code Section 162(e)(1). The Company has identified the trade association(s) or organization(s) below and is disclosing the non-deductible portion of the Company’s payments. This information is collected once annually and will reflect expenditures for the previous year.

ORGANIZATION / NON-DEDUCTIBLE PORTION ($)
US Chamber of Commerce / $20,000

For more information about Yum! Brands, Inc. and its Political Contributions Policy, visit

http://www.yum.com/investors/governance/media/YumPoliticalExpenditurePolicy.pdf.

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