Pizza Hut 2015 Annual Report Download - page 19
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YUM! BRANDS, INC.-2016Proxy Statement 5
Proxy Statement
QUESTIONS AND ANSWERS ABOUT THE MEETING AND VOTING
How many votes are needed to elect directors?
You may vote “FOR” each nominee or “AGAINST” each
nominee, or “ABSTAIN” from voting on one or more nominees.
Unless you mark “AGAINST” or “ABSTAIN” with respect to
a particular nominee or nominees or for all nominees, your
proxy will be voted “FOR” each of the director nominees
named in this proxy statement. In an uncontested election,
a nominee will be elected as a director if the number of
“FOR” votes exceeds the number of “AGAINST” votes.
Abstentions will be counted as present but not voted.
Abstentions and broker non-votes will not affect the outcome
of the vote on directors. Full details of the Company’s
majority voting policy are set out in our Corporate
GovernancePrinciples at www.yum.com/investors/
governance/principles.asp and at page 9 under “Whatother
significant Boardpractices does the Company have? —
Majority VotingPolicy.”
How many votes are needed to approve the other proposals?
The other proposals must receive the “FOR” vote of a
majority of the shares, present in person or represented by
proxy, and entitled to vote at the Annual Meeting. For each
of these items, you may vote “FOR”, “AGAINST” or
“ABSTAIN.” Abstentions will be counted as shares present
and entitled to vote at the Annual Meeting. Accordingly,
abstentions will have the same effect as a vote “AGAINST”
the proposals. Broker non-votes will not be counted as
shares present and entitled to vote with respect to the
particular matter on which the broker has not voted. Thus,
broker non-votes will not affect the outcome of any of these
proposals.
When will the Company announce the voting results?
The Company will announce the voting results of the Annual Meeting on a Current Report on Form 8-K filed within four
business days of the Annual Meeting.
What if other matters are presented for consideration at the Annual Meeting?
The Company knows of no other matters to be submitted to the shareholders at the Annual Meeting, other than the
proposals referred to in this Proxy Statement. If any other matters properly come before the shareholders at the Annual
Meeting, it is the intention of the persons named on the proxy to vote the shares represented thereby on such matters in
accordance with their best judgment.