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YUM! BRANDS, INC.-2013 Form10-K2
Form 10-K
Forward-Looking Statements
In this Form 10-K, as well as in other written reports and oral statements that we make from time to time, we present “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
We intend such forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and we
are including this statement for purposes of complying with those safe harbor provisions.
Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements often include words
such as “may,” “will,” “estimate,” “intend,” “seek,” “expect,” “project,” “anticipate,” “believe,” “plan” or other similar terminology. These forward-looking
statements are based on current expectations and assumptions and upon data available at the time of the statements and are neither predictions nor
guarantees of future events or circumstances. The forward-looking statements are subject to risks and uncertainties, which may cause actual results
to differ materially from those projected. Factors that could cause our actual results to differ materially from our expectations and forward-looking
statements include (i) the risks and uncertainties described in the Risk Factors included in Part I, Item 1A of this Form 10-K and (ii) the factors described
in Managements Discussion and Analysis of Financial Condition and Results of Operations included in Part II, Item 7 of this Form 10-K. You should not
place undue reliance on forward-looking statements, which speak only as of the date hereof. In making these statements, we are not undertaking to
address or update any of our forward-looking statements set forth herein in future filings or communications regarding our business results.