Pizza Hut 2011 Annual Report Download - page 20

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16MAR201218540977
What do I need to bring to attend the Annual Meeting?
You will need a valid picture identification and either an admission ticket or proof of ownership of
YUM’s common stock to enter the Annual Meeting. If you are a registered owner, your Notice will be your
admission ticket. If you received the proxy statement and Annual Report by mail, you will find an
admission ticket attached to the proxy card sent to you. If you plan to attend the Annual Meeting, please
so indicate when you vote and bring the ticket with you to the Annual Meeting. If your shares are held in
the name of a bank, broker or other holder of record, your admission ticket is the left side of your voting
information form. If you do not bring your admission ticket, you will need proof of ownership to be
admitted to the Annual Meeting. A recent brokerage statement or letter from a bank or broker is an
example of proof of ownership. If you arrive at the Annual Meeting without an admission ticket, we will
admit you only if we are able to verify that you are a YUM shareholder. Your admittance to the Annual
Meeting will depend upon availability of seating. All shareholders will be required to present valid picture
identification prior to admittance. IF YOU DO NOT HAVE VALID PICTURE IDENTIFICATION
AND EITHER AN ADMISSION TICKET OR PROOF THAT YOU OWN YUM COMMON STOCK,
YOU MAY NOT BE ADMITTED INTO THE ANNUAL MEETING.
Please note that cameras, sound or video recording equipment, cellular telephones, blackberries and
other similar devices, large bags, briefcases and packages will not be allowed in the meeting room.
May shareholders ask questions?
Yes. Representatives of the Company will answer shareholders’ questions of general interest following
the Annual Meeting. In order to give a greater number of shareholders an opportunity to ask questions,
individuals or groups will be allowed to ask only one question and no repetitive or follow-up questions will
be permitted.
Who may vote?
You may vote if you owned YUM common stock as of the close of business on the record date,
March 19, 2012. Each share of YUM common stock is entitled to one vote. As of March 19, 2012, YUM
had 460,176,259 shares of common stock outstanding.
Proxy Statement
What am I voting on?
You will be voting on the following five items of business at the Annual Meeting:
The election of eleven (11) directors to serve until the next Annual Meeting of Shareholders and
until their respective successors are duly elected and qualified;
• The ratification of the selection of KPMG LLP as our independent auditors for the fiscal year
ending December 29, 2012;
An Advisory Vote on Executive Compensation; and
Two (2) shareholder proposals.
We will also consider other business that properly comes before the meeting.
How does the Board of Directors recommend that I vote?
Our Board of Directors recommends that you vote your shares:
‘‘FOR’’ each of the nominees named in this proxy statement for election to the Board;
‘‘FOR’’ the ratification of the selection of KPMG LLP as our independent auditors;
‘‘FOR’’ the proposal regarding an advisory vote on executive compensation; and
2