Pizza Hut 2011 Annual Report Download - page 17

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16MAR201218542623
18MAR200923075097
YUM! Brands, Inc.
1441 Gardiner Lane
Louisville, Kentucky 40213
Notice of Annual Meeting of Shareholders
Time: 9:00 a.m. on Thursday, May 17, 2012
Place: YUM! Conference Center
1900 Colonel Sanders Lane
Louisville, Kentucky 40213
Items of (1) To elect eleven (11) directors to serve until the 2013 Annual Meeting of Shareholders
Business: and until their respective successors are duly elected and qualified.
(2) To ratify the selection of KPMG LLP as our independent auditors for the fiscal year
ending December 29, 2012.
(3) To consider and hold an Advisory Vote on Executive Compensation.
(4) To consider and vote on two (2) shareholder proposals, if properly presented at the
meeting.
(5) To transact such other business as may properly come before the meeting.
Who Can Vote: You can vote if you were a shareholder of record as of the close of business on March 19,
2012.
Annual Report: A copy of our 2011 Annual Report on Form 10-K is included with this proxy statement.
Web site: You may also read the Company’s Annual Report and this Notice and proxy statement on
our Web site at www.yum.com/annualreport and www.yum.com/investors/
investor_materials.asp.
Date of Mailing: This Notice, the proxy statement and the form of proxy are first being mailed to
shareholders on or about April 6, 2012.
Proxy Statement
By Order of the Board of Directors
Christian L. Campbell
Secretary
YOUR VOTE IS IMPORTANT
Under securities exchange rules, brokers cannot vote on your behalf for the election of directors or on executive
compensation related matters without your instructions. Whether or not you plan to attend the Annual Meeting,
please provide your proxy by following the instructions on your Notice or proxy card. On April 6, 2012, we
mailed to our shareholders a Notice containing instructions on how to access this proxy statement and our
Annual Report and vote online. If you received a Notice by mail, you will not receive a printed copy of the proxy
materials in the mail, unless you request a copy. Instead, you should follow the instructions included in the
Notice on how to access and review all of the important information contained in the proxy statement and
Annual Report. The Notice also instructs you on how you may submit your vote by proxy over the Internet. If
you received the proxy statement and Annual Report in the mail, please submit your proxy by marking, dating
and signing the proxy card included and returning it promptly in the envelope enclosed. If you are able to attend
the Annual Meeting and wish to vote your shares personally, you may do so at any time before the proxy is
exercised.