EX-15 2 yum-932016xex15.htm EXHIBIT 15
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 October 11, 2016, included within the Quarterly Report on Form 10-Q of YUM! Brands, Inc. for the quarter and the year-to-date period ended September 3, 2016, 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 Plan | 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 October 11, 2016