Pizza Hut 2014 Annual Report Download - page 41
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If elected, we expect that all of the aforementioned nominees will serve as directors and hold office until the 2016 Annual Meeting
of Shareholders and until their respective successors have been elected and qualified. Based on the recommendation of the
Nominating and Governance Committee, all of the aforementioned nominees are standing for re-election.
What is the recommendation of the Board of Directors?
.................................................................................................................................................................................................................................................................................................................................................................................
What if a nominee is unwilling or unable to serve?
.................................................................................................................................................................................................................................................................................................................................................................................
That is not expected to occur. If it does, proxies may be voted for a substitute nominated by the Board of Directors.
What vote is required to elect directors?
.................................................................................................................................................................................................................................................................................................................................................................................
A nominee will be elected as a director if the number of ‘‘FOR’’ votes exceeds the number of ‘‘AGAINST’’ votes with respect to his
or her election.
Our policy regarding the election of directors can be found in our Corporate Governance Principles at www.yum.com/ investors/
governance/principles.asp and at page 7 under ‘‘What other significant Board practices does the Company have? — Majority
Voting Policy.’’
2015 Proxy Statement YUM! BRANDS, INC. 19
The Board of Directors recommends that you vote FOR the election of these nominees.
MATTERS REQUIRING SHAREHOLDER ACTION
Proxy Statement