2018 Guide to Effective Proxies

2.10 Board skills matrix | 173 6 TH EDITION | GUIDE TO EFFECTIVE PROXIES YUM! BRANDS, INC. ZOETIS, INC. GOVERNANCEOFTHECOMPANY ThefollowingtabledescribeskeycharacteristicsoftheCompany’s“RecipeforGrowth”andindicateshowtheskills ourBoardcollectively possessespositivelyimpactsthegrowthdrivers: We believe that each of our directors has met the guidelines set forth in the Governance Principles. As noted in the directorbiographiesthatfollowinthissection,ourdirectorshaveexperience,qualificationsandskillsacrossawiderange of public and private companies, possessing a broad spectrum of experience both individually and collectively. In addition to the information provided in the director biographies, our director nominees’ qualifications, experiences and skillsaresummarizedinthefollowingmatrix.Thismatrixisintendedtoprovideasummaryofourdirectors’qualifications andshouldnotbeconsideredtobeacompletelistofeachnominee’sstrengthsandcontributionstotheBoard. For a shareholder to submit a candidate for consideration by the Nominating and Governance Committee, a shareholder must notify YUM’s Corporate Secretary, YUM! Brands, Inc., 1441 Gardiner Lane, Louisville, Kentucky40213.Therecommendationmustcontaintheinformationdescribedonpage75. YUM!BRANDS,INC. - 2018ProxyStatement 9 ProxyStatement PROXYSUMMARY MEETING AGENDA ITEMS ITEM 1 ELECTIONOFDIRECTORS Youarebeingaskedtoelect4directors–SanjayKhosla,WillieM.Reed,LindaRhodesandWilliamC. Steere,Jr.–toholdofficeuntilthe2021AnnualMeetingofShareholdersanduntiltheirrespective successorsaredulyelectedandqualified,oruntiltheirearlierdeath,resignationorremoval. SUMMARYINFORMATIONABOUTOURDIRECTORNOMINEESANDCONTINUINGDIRECTORS Additionalinformationaboutourdirectornomineesandcontinuingdirectorscanbefoundunder“InformationAbout Directors”onpages5to11. Juan Ramón Alaix PaulM. Bisaro FrankA. D’Amelio Sanjay Khosla MichaelB. McCallister Gregory Norden LouiseM. Parent WillieM. Reed Linda Rhodes RobertW. Scully WilliamC. Steere,Jr. Experience,Skills,Expertise Academia ✓ ✓ AnimalHealth ✓ ✓ ✓ ✓ ✓ ✓ ✓ ConsumerProducts ✓ ✓ ✓ ✓ GlobalBusinesses ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ LifeSciences ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ Manufacturing&Supply ✓ Marketing&Sales ✓ ✓ ✓ ✓ ✓ Mergers&Acquisitions ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ OtherPublicCompanyBoardMember ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ PublicCompanyCEO ✓ ✓ ✓ ✓ ✓ PublicCompanyCFOorFinanceand Accounting ✓ ✓ ✓ PublicCompanyGC,Compliance,or CorporateGovernance ✓ ✓ RegulatedIndustries ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ Research&Development ✓ ✓ ✓ ✓ ✓ DemographicBackground BoardTenure FullYears 5 2 5 4 5 5 4 4 <1 4 5 Age YearsOld 66 57 60 66 65 60 67 63 68 68 81 Gender Male M M M M M M M M M Female F F LGBTQ(optionalreporting) IdentifyasLGBTQ Race,Ethnicity(optionalreporting) AfricanAmerican/Black ✓ Asian,HawaiianorPacificIslander ✓ White/Caucasian ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ Hispanic/Latino ✓ NativeAmerican Other Didnotwishtoidentify DirectorNominee ContinuingDirector ITEM 1RECOMMENDATION:OURBOARDOFDIRECTORSRECOMMENDSTHATYOUVOTE FORTHEELECTIONOFMR.KHOSLA,DR.REED,DR.RHODESANDMR.STEERE 2 ZOETIS2018PROXYSTATEMENT