Acknowledgement of Independent Registered Public Accounting Firm
To the Stockholders and Board of Directors
YUM! Brands, Inc.:
We hereby acknowledge our awareness of the use of our report dated November 7, 2018, included within the Quarterly Report on Form 10-Q of YUM! Brands, Inc. for the quarter and year-to-date period ended September 30, 2018, and incorporated by reference in the following Registration Statements:
Description | Registration Statement Number | |
Form S-3 | ||
Yum! Direct Stock Purchase Program | 333-46242 | |
Debt Securities | 333-188216 | |
Form S-8 | ||
Restaurant Deferred Compensation Program | 333-36877, 333-32050 | |
Executive Income Deferral Program | 333-36955 | |
SharePower Stock Option Plan | 333-36961 | |
YUM! Brands 401 (k) Plan | 333-36893, 333-32048, 333-109300 | |
YUM! Brands, Inc. Restaurant General Manager Stock Option Plan | 333-64547 | |
YUM! Brands, Inc. Long-Term Incentive Plan | 333-32052, 333-109299, 333-170929, 333-223152 |
Pursuant to Rule 436(c) under the Securities Act of 1933 (the Act), such report is not considered part of a registration statement prepared or certified by an independent registered public accounting firm, or a report prepared or certified by an independent registered public accounting firm within the meaning of Sections 7 and 11 of the Act.
/s/ KPMG LLP
Louisville, Kentucky
November 7, 2018