EX-15 2 yum-9302017xex15.htm EXHIBIT 15 Exhibit


Acknowledgement of Independent Registered Public Accounting Firm
The Board of Directors
YUM! Brands, Inc.

We hereby acknowledge our awareness of the use of our report dated November 8, 2017, included within the Quarterly Report on Form 10-Q of YUM! Brands, Inc. for the quarter and the year-to-date period ended September 30, 2017, 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

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 8, 2017