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Yum! Brands, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Yum! Brands, Inc.’s Form 8-K, filed May 19, 2026 (Item 5.07 on EDGAR). Page generated October 13, 2026.

  • 14Ballot items
  • 1,082Asset managers
  • 13,748Fund votes
  • May 14, 2026Meeting date

Results at a glance

Meeting of May 14, 2026: 14 items on Yum! Brands, Inc.’s Form 8-K, filed May 19, 2026: 2 approved · 1 not approved · 11 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided · This season’s results screens

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Yum! Brands, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Yum! Brands, Inc.

These tallies are Yum! Brands, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 19, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Yum! Brands, Inc. — official shareholder meeting results, meeting held May 14, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Paget L. Alves 218,273,4613,595,796245,658 --23,986,264 98%Not verified—
Elect Director: M. Brett Biggs 218,442,8783,439,853232,184 --23,986,264 98%Not verified—
Elect Director: Brian C. Cornell 213,424,3138,461,315229,287 --23,986,264 96%Not verified—
Elect Director: Tanya L. Domier 220,783,9351,119,685211,295 --23,986,264 99.4%Not verified—
Elect Director: Susan Doniz 219,250,2182,647,725216,972 --23,986,264 99%Not verified—
Elect Director: Mirian M. Graddick-Weir 208,897,96212,999,923217,030 --23,986,264 94%Not verified—
Elect Director: Thomas C. Nelson 213,485,2628,394,334235,319 --23,986,264 96%Not verified—
Elect Director: Kathleen K. Oberg 221,536,778364,109214,028 --23,986,264 99.8%Not verified—
Elect Director: P. Justin Skala 220,027,1401,848,766239,009 --23,986,264 99.1%Not verified—
Elect Director: Chris Turner 220,641,6251,239,052234,238 --23,986,264 99.4%Not verified—
Elect Director: Annie Young-Scrivner 219,247,0822,655,892211,941 --23,986,264 99%Not verified—
2. Proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2026 231,597,16714,177,562326,450 ---- 94%Approved—
3. Proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive officers 212,220,7479,209,495684,673 --23,986,264 96%Approved—
4. Shareholder proposal regarding reducing the ownership threshold for shareholders to call a special meeting 83,507,337137,798,232809,346 --23,986,264 38%Not approved—

Source: Yum! Brands, Inc., Form 8-K, filed with the SEC on May 19, 2026 — read the filing on EDGAR.

How asset managers voted at the Yum! Brands, Inc. 2025-2026 meeting

Each item below shows how the 1,082 asset managers that disclosed a Yum! Brands, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Paget L. Alves

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 218,273,461AGAINST: 3,595,796
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Paget L. Alves

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Paget L. Alves”): 218,273,461 for, 3,595,796 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,546,655 for, 5,109 against, 23,400 abstained, 233 not voted.

FOR
FOR: 110,546,655AGAINST: 5,109ABSTAIN: 23,400NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Paget L. Alves” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,23930 30For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

2. Elect Director: M. Brett Biggs

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 218,442,878AGAINST: 3,439,853
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: M. Brett Biggs

Yum! Brands, Inc.’s own tally for this item (“Elect Director: M. Brett Biggs”): 218,442,878 for, 3,439,853 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,262,663 for, 289,101 against, 23,400 abstained, 233 not voted.

FOR
FOR: 110,262,663AGAINST: 289,101ABSTAIN: 23,400NOT VOTED: 233
Largest asset managers voting on “Election of Directors: M. Brett Biggs” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,23930 30For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

3. Elect Director: Brian C. Cornell

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 213,424,313AGAINST: 8,461,315
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Brian C. Cornell

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Brian C. Cornell”): 213,424,313 for, 8,461,315 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,252,307 for, 299,455 against, 23,400 abstained, 233 not voted.

FOR
FOR: 110,252,307AGAINST: 299,455ABSTAIN: 23,400NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Brian C. Cornell” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,21255 30For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

4. Elect Director: Tanya L. Domier

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 220,783,935AGAINST: 1,119,685
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Tanya L. Domier

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Tanya L. Domier”): 220,783,935 for, 1,119,685 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,551,757 for, 8 against, 23,398 abstained, 233 not voted.

FOR
FOR: 110,551,757AGAINST: 8ABSTAIN: 23,398NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Tanya L. Domier” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,2628 10For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

5. Elect Director: Susan Doniz

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 219,250,218AGAINST: 2,647,725
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Susan Doniz

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Susan Doniz”): 219,250,218 for, 2,647,725 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,551,742 for, 23 against, 23,398 abstained, 233 not voted.

FOR
FOR: 110,551,742AGAINST: 23ABSTAIN: 23,398NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Susan Doniz” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,24723 10For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

6. Elect Director: Mirian M. Graddick-Weir

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 208,897,962AGAINST: 12,999,923
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Mirian M. Graddick-Weir

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Mirian M. Graddick-Weir”): 208,897,962 for, 12,999,923 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 109,498,099 for, 1,053,668 against, 23,397 abstained, 233 not voted.

FOR
FOR: 109,498,099AGAINST: 1,053,668ABSTAIN: 23,397NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Mirian M. Graddick-Weir” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,524,06636,206 00For
Capital Group17,852,7470 00For
BlackRock10,176,2223,042 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,49545 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,088609 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse378,977237 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments0303,157 00Against

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

7. Elect Director: Thomas C. Nelson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 213,485,262AGAINST: 8,394,334
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Thomas C. Nelson

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Thomas C. Nelson”): 213,485,262 for, 8,394,334 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,257,351 for, 294,414 against, 23,400 abstained, 233 not voted.

FOR
FOR: 110,257,351AGAINST: 294,414ABSTAIN: 23,400NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Thomas C. Nelson” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,19476 30For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,49545 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

8. Elect Director: Kathleen K. Oberg

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 221,536,778AGAINST: 364,109
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Kathleen K. Oberg

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Kathleen K. Oberg”): 221,536,778 for, 364,109 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,551,764 for, 3 against, 23,397 abstained, 233 not voted.

FOR
FOR: 110,551,764AGAINST: 3ABSTAIN: 23,397NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Kathleen K. Oberg” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,2693 00For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

9. Elect Director: P. Justin Skala

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 220,027,140AGAINST: 1,848,766
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: P. Justin Skala

Yum! Brands, Inc.’s own tally for this item (“Elect Director: P. Justin Skala”): 220,027,140 for, 1,848,766 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,257,599 for, 294,168 against, 23,400 abstained, 233 not voted.

FOR
FOR: 110,257,599AGAINST: 294,168ABSTAIN: 23,400NOT VOTED: 233
Largest asset managers voting on “Election of Directors: P. Justin Skala” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,25418 30For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

10. Elect Director: Chris Turner

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 220,641,625AGAINST: 1,239,052
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Chris Turner

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Chris Turner”): 220,641,625 for, 1,239,052 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,551,753 for, 10 against, 23,400 abstained, 233 not voted.

FOR
FOR: 110,551,753AGAINST: 10ABSTAIN: 23,400NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Chris Turner” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,25810 30For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

11. Elect Director: Annie Young-Scrivner

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 219,247,082AGAINST: 2,655,892
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Election of Directors: Annie Young-Scrivner

Yum! Brands, Inc.’s own tally for this item (“Elect Director: Annie Young-Scrivner”): 219,247,082 for, 2,655,892 against, per its Form 8-K filed May 19, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,551,742 for, 23 against, 23,397 abstained, 233 not voted.

FOR
FOR: 110,551,742AGAINST: 23ABSTAIN: 23,397NOT VOTED: 233
Largest asset managers voting on “Election of Directors: Annie Young-Scrivner” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,24723 00For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse379,2140 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable375,8070 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

12. 3. Proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 19 wordings of this item as funds reported it.

96% Approved · of votes cast

FOR 96%
FOR: 212,220,747AGAINST: 9,209,495
Details: description as filed, official tally, votes by 1,082 asset managers

Description as filed by funds: Advisory Vote on Executive Compensation.

Yum! Brands, Inc.’s own tally for this item (“3. Proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive officers”): 212,220,747 for, 9,209,495 against — passed, per its Form 8-K filed May 19, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal to approve, by non-binding advisory vote, the executive compensation of the Company's named executive officers was approved based upon the following votes:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 149 asset managers voting on “Advisory Vote on Executive Compensation.” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,560,18978 30For
Capital Group17,852,7470 00For
BlackRock10,179,2640 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,5400 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
SRH Total Return Fund, Inc.850,0000 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
Brighthouse378,977237 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable367,8907,917 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Fund voting reports, all 149 managers: 110,688,390 for, 112,726 against, 23,400 abstained, 238 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 971 asset managers voting on “Advisory Vote on Executive Compensation.” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Capital Group17,415,4300 00For
BlackRock12,348,2991,811 00For
T. Rowe Price12,131,0450 00For
GEODE CAPITAL MANAGEMENT, LLC8,994,1040 00For
State Street4,694,10632,995 00For
Invesco4,328,6110 00For
Loomis Sayles3,258,9280 00For
Vanguard2,915,0200 00For
Northern Trust2,796,9620 00For
UBS2,386,1310 00For
Sustainable Growth Advisers, LP2,263,9840 00For
Fidelity1,945,5530 00For
JPMorgan1,822,4540 00For
Charles Schwab1,768,7560 00For
BANK OF AMERICA NA1,744,2680 00For
CANTILLON CAPITAL MANAGEMENT LLC1,628,4710 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,405,3230 00For
Magellan Asset Management Ltd1,401,5610 00For
Capital Research Global Investors1,373,4000 00For
MELLON INVESTMENTS Corp1,303,2020 00For
Boston Partners1,268,4340 00For
AllianceBernstein1,208,7620 00For
STIFEL NICOLAUS & CO INC \MO\1,050,4110 00For
Legal & General Investment Management Ltd29,8911,019,272 00Against
USS Investment Management Ltd947,4490 00For

Institutional-manager reports, all 971 managers: 120,690,833 for, 6,331,662 against, 21,264 abstained, 47,032 not voted. Showing the 25 largest; see all in the interactive database.

13. 2. Proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2026

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 4 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%
FOR: 231,597,167AGAINST: 14,177,562
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Ratification of Independent Auditors.

Yum! Brands, Inc.’s own tally for this item (“2. Proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2026”): 231,597,167 for, 14,177,562 against — passed, per its Form 8-K filed May 19, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal to ratify the appointment of KPMG LLP as the Company's independent auditor for 2026 was approved based upon the following votes:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 110,255,231 for, 296,533 against, 23,397 abstained, 233 not voted.

FOR
FOR: 110,255,231AGAINST: 296,533ABSTAIN: 23,397NOT VOTED: 233
Largest asset managers voting on “Ratification of Independent Auditors.” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard32,524,06236,207 00For
Capital Group17,852,7470 00For
BlackRock10,177,6761,588 00For
Fidelity9,622,5640 00For
JPMorgan8,602,4380 00For
T. Rowe Price7,502,9490 00For
Invesco3,804,9620 00For
State Street2,715,49545 00For
Bridge Builder Trust1,838,6680 00For
Charles Schwab1,721,6970 00For
John Hancock1,471,2630 00For
Jackson National1,467,3670 00For
Loomis Sayles1,037,9810 00For
TIAA558,6610 00For
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse378,977237 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO382,9480 00For
Equitable367,8907,917 00For
First Trust357,8380 00For
Dimensional334,6090 00For
Voya333,0370 00For
MassMutual314,2040 00For
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

14. 4. Shareholder proposal regarding reducing the ownership threshold for shareholders to call a special meeting

Official resultSHAREHOLDER RIGHTS AND DEFENSESReported outcome: Not approved

Combines 5 wordings of this item as funds reported it.

38% Not approved · of votes cast

FOR 38%AGAINST
FOR: 83,507,337AGAINST: 137,798,232
Details: description as filed, official tally, votes by 154 asset managers

Description as filed by funds: Shareholder Proposal to Reduce the Percentage of Shares Required to Call a Special Meeting.

Yum! Brands, Inc.’s own tally for this item (“4. Shareholder proposal regarding reducing the ownership threshold for shareholders to call a special meeting”): 83,507,337 for, 137,798,232 against — failed, per its Form 8-K filed May 19, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “The shareholder proposal regarding reducing the ownership threshold for shareholders to call a special meeting was not approved based upon the following votes:”
Support: 38% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 154 asset managers below reported 32,100,708 for, 78,451,258 against, 23,404 abstained, 233 not voted.

FORAGAINST
FOR: 32,100,708AGAINST: 78,451,258ABSTAIN: 23,404NOT VOTED: 233
Largest asset managers voting on “Shareholder Proposal to Reduce the Percentage of Shares Required to Call a Special Meeting.” at Yum! Brands, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard160,44432,399,821 70Against
Capital Group17,852,7470 00For
BlackRock14,74310,164,521 00Against
Fidelity199,5239,423,041 00Against
JPMorgan08,602,438 00Against
T. Rowe Price07,502,949 00Against
Invesco3,803,8761,086 00For
State Street7,0062,708,534 00Against
Bridge Builder Trust1,808,14730,521 00For
Charles Schwab6091,721,088 00Against
John Hancock1,405,58565,678 00For
Jackson National89,1741,378,193 00Mixed
Loomis Sayles1,037,9810 00For
TIAA0558,661 00Against
Federated Hermes496,4530 00For
SRH Total Return Fund, Inc.425,0000 00For
Brighthouse229,487149,727 23,3970Mixed
Victory Capital400,7660 00For
MASTER INVESTMENT PORTFOLIO0382,948 00Against
Equitable247,729128,078 00Mixed
First Trust357,8380 00For
Dimensional0334,609 00Against
Voya0333,037 00Against
MassMutual50,766263,438 00Mixed
Russell Investments303,1570 00For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 15, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest Yum! Brands, Inc. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 275,621,202 shares outstanding at the time of that meeting.

Fund voting reports: top Yum! Brands, Inc. shareholders by shares voted on “Advisory Vote on Executive Compensation.”, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 11.81%
2Capital Group 6.48%
3BlackRock 3.69%
4Fidelity 3.49%
5JPMorgan 3.12%
6T. Rowe Price 2.72%
7Invesco 1.38%
8State Street 0.99%
9Bridge Builder Trust 0.67%
10Charles Schwab 0.62%
Institutional-manager reports: top Yum! Brands, Inc. shareholders by shares voted on “Advisory Vote on Executive Compensation.”, 2025-2026
#Asset manager % of shares outstanding
1Capital Group 6.32%
2BlackRock 4.48%
3T. Rowe Price 4.40%
4GEODE CAPITAL MANAGEMENT, LLC 3.26%
5State Street 1.72%
6Invesco 1.57%
7Loomis Sayles 1.18%
8Vanguard 1.06%
9Northern Trust 1.01%
10UBS 0.87%

Reported Yum! Brands, Inc. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

Yum! Brands, Inc. holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
The Vanguard Group 12.17% DEF14A
Blackrock, Inc. 9.69% DEF14A
Capital International Investors 7.30% 13G
JP Morgan Chase & Co. 7.28% DEF14A
JPMORGAN CHASE & CO. 7.28% 13G
Vanguard Portfolio Management 5.07% 13G
State Street 4.71% 13F
T. Rowe Price Investment Management, Inc. 3.59% 13G
Invesco 1.46% 13F
Northern Trust 1.17% 13F

Percentages above are of 275,621,202 shares outstanding, as reported by Yum! Brands, Inc. on its Form 10-Q dated May 1, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Yum! Brands, Inc.’s 10-Q dated May 1, 2026. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.

At Yum! Brands, Inc.'s shareholder meeting held May 14, 2026, in the 2025-2026 proxy season, 1,082 asset managers reported how they voted on 14 ballot items in their SEC Form N-PX filings, covering 13,748 separate fund positions. On the most widely held item on that ballot — Advisory Vote on Executive Compensation. — Yum! Brands, Inc.'s filing reports the proposal as approved, with 96% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: Yum! Brands, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 19, 2026.

Yum! Brands, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.