EX-21.1 4 yum-12312017xex211.htm EXHIBIT 21.1

| Exhibit 21.1
SUBSIDIARIES OF YUM! BRANDS, INC.
AS OF DECEMBER 31, 2017
Name of Subsidiary | State or Country of Incorporation
A.C.N. 003 190 163 Pty. Limited | Australia
A.C.N. 003 190 172 Pty. Limited | Australia
A.C.N. 003 273 854 Pty. Limited | Australia
A.C.N. 054 055 917 Pty. Ltd. | Australia
A.C.N. 054 121 416 Pty. Ltd. f/k/a Pizza Hut Australia Pty Limited f/k/a ACN 054 121 416 Pty. Ltd. | Australia
A.C.N. 085 239 961 Pty. Ltd. (SA1) | Australia
A.C.N. 085 239 998 Pty. Ltd. (SA2) | Australia
A.C.N. 107 434 882 Pty Limited f/k/a/ Yum! Restaurants KFC Australia Services Pty Ltd f/k/a Yum! Restaurants Australia Services Pty Ltd | Australia
A.C.N. 108 123 502 Pty Limited f/k/a/ Yum! Restaurants New Zealand Services Pty. Ltd | Australia
ABR Insurance Company | Vermont
Ashton Fried Chicken Pty. Limited | Australia
Cyprus Caramel Restaurants Limited | Cyprus
Demipower (Eastern) Limited | United Kingdom
Finger Lickin' Chicken Limited | United Kingdom
GCTB, LLC f/k/a GCTB, Inc. | Virginia
Gloucester Properties Pty. Ltd. | Australia
Inventure Restaurantes Ltda. | Brazil
Kentucky Fried Chicken (Germany) Restaurant Holdings GmbH | Germany
Kentucky Fried Chicken (Great Britain) Limited | United Kingdom
Kentucky Fried Chicken (Great Britain) Services Limited | United Kingdom
Kentucky Fried Chicken Canada Company | Canada
Kentucky Fried Chicken International Holdings, LLC f/k/a Kentucky Fried Chicken International Holdings, Inc. | Delaware
Kentucky Fried Chicken Limited f/k/a Norfolk Fast Foods Limited | United Kingdom
Kentucky Fried Chicken Pty. Ltd. | Australia
KFC (Pty) Ltd f/k/a Yum Restaurants International (Proprietary) Limited | South Africa
KFC Advertising, Ltd. | United Kingdom
KFC Asia LLC | Delaware
KFC Brasil Publicidade e Propaganda Ltda | Brazil
KFC Chamnord SAS | France
KFC Corporation | Delaware
KFC Europe S.à r.l. | Luxembourg
KFC France SAS | France
KFC Global Holdings, Inc. | Delaware
KFC Holding Co. | Delaware
KFC Holding SAS | France
KFC Holdings B.V. | Netherlands
KFC Intermediate Holdings S.à r.l. | Luxembourg
KFC International Finance Company LLC f/k/a KFC International Finance Company S.à r.l. | Delaware
KFC International Holdings I LLC f/k/a KFC International Holdings I S.à r.l. f/k/a Yum! Finance Holdings ll Sarl f/k/a Stealth Investments Sarl | Delaware
KFC International Holdings II S.à r.l. | Luxembourg
KFC Italy S.r.l. | Italy
KFC Menapak LLC | Delaware
KFC MENAPAK S.à r.l. | Luxembourg
KFC Mexico B.V. | Netherlands
KFC Netherlands B.V. | Netherlands
KFC North America S.à r.l. | Luxembourg
KFC Pacific Holdings Ltd f/k/a THC II Limited | Malta
KFC Pacific LLC | Delaware

KFC Real Estate B.V. | Netherlands
KFC Restaurants Asia Pte., Ltd. | Singapore
KFC Restaurants Spain S.L. | Spain
KFC Russia Holdings I S.à r.l. | Luxembourg
KFC South Africa Holdings B.V. | Netherlands
KFC THC V Ltd f/k/a THC V Limited | Malta
KFC Turkey LLC | Delaware
KFC US, LLC f/k/a KFC Franchisor, LLC | Delaware
KFC YFI Holdco S.à r.l. | Luxembourg
KFC Yum! Franchise I LP | Canada (Alberta)
KFC Yum! Franchise III f/k/a Yum! Franchise III | Australia
KZ Catering Ltd. | United Kingdom
MFIT Foods Ltd. | United Kingdom
Multibranding Pty. Ltd. | Australia
Newcastle Fried Chicken Pty. Ltd. | Australia
Northside Fried Chicken Pty Limited | Australia
Novo BL SAS | France
Novo Re IMMO SAS | France
PH Asia Holdings S.à r.l. | Luxembourg
PH Asia LLC | Delaware
PH Canada Company | Canada
PH Canada Holdco Company | Canada
PH Digico LLC | Delaware
PH Europe LLC f/k/a PH US LLC | Delaware
PH Europe S.à r.l. | Luxembourg
PH Global Holdings, Inc. | Delaware
PH Intermediate Holdings S.à r.l. | Luxembourg
PH International Finance Company LLC f/k/a PH International Finance Company S.à r.l. | Delaware
PH International Holdings I LLC f/k/a PH International Holdings I S.à r.l. f/k/a Yum! Finance Holdings lll Sarl f/k/a ITRAS Holdings Sarl | Delaware
PH International Holdings II S.à r.l. | Luxembourg
PH Mexico B.V. | Netherlands
PH Mexico S.à r.l. | Luxembourg
PH North America S.à r.l. | Luxembourg
PH Restaurant Holdings GmbH | Germany
PH South Africa Holdings B.V. | Netherlands
PH THC V Ltd | Malta
PH YFI Holdco S.à r.l. | Luxembourg
PH Yum! Franchise I LP | Canada (Alberta)
PH Yum! Franchise III | Australia
Pizza Hut (Pty) Ltd f/k/a Friedshelf 1503 Proprietary Limited | South Africa
Pizza Hut Delivery Germany GmbH | Germany
Pizza Hut Europe Limited | United Kingdom
Pizza Hut Gida ve Ticaret Anonim Sirketi | Turkey
Pizza Hut Guarantor, LLC | Delaware
Pizza Hut Holdings, LLC | Delaware
Pizza Hut HSR Advertising Limited | United Kingdom
Pizza Hut International, LLC | Delaware
Pizza Hut MENAPAK Counsulting FZE | U.A.E.
Pizza Hut MENAPAK S.à r.l. | Luxembourg
Pizza Hut of America, LLC f/k/a Pizza Hut of America, Inc. | Delaware
Pizza Hut Pacific Holdings Ltd. | Malta
Pizza Hut Restaurants Asia Pte., Ltd. | Singapore
Pizza Hut Restaurants China-India Pte. Ltd. | Singapore

Pizza Hut Turkey LLC | Delaware
Pizza Hut, LLC | Delaware
Restaurant Concepts LLC | Delaware
Restaurant Holdings Limited | United Kingdom
SASA Foods Limited | United Kingdom
Scotco One Five Five Limited | United Kingdom
Scotco Trowbridge Limited | United Kingdom
Southern Fast Foods Limited f/k/a Milne Fast Foods Limited | United Kingdom
Splendid Restaurants (Harland) Limited | United Kingdom
Suffolk Fast Foods Limited | United Kingdom
Taco Bell Cantina Corp. | Delaware
Taco Bell Corp | California
Taco Bell Franchise Holder 1, LLC | Delaware
Taco Bell Franchisor Holdings, LLC | Delaware
Taco Bell Franchisor, LLC | Delaware
Taco Bell Funding, LLC | Delaware
Taco Bell IP Holder, LLC | Delaware
Taco Bell of America, LLC f/k/a Taco Bell of America, Inc. | Delaware
Taco Bell Restaurants Asia Pte., Ltd. | Singapore
Taco Bell Restaurants China-India Pte. Ltd. | Singapore
TB Asia Holdings S.à r.l. | Luxembourg
TB Asia LLC | Delaware
TB Canada Company | Canada
TB Cantina, LLC | Delaware
TB Global Holdings, Inc. | Delaware
TB International Holdings II S.à r.l. | Luxembourg
TB North America S.à r.l. | Luxembourg
TB YFI Holdco S.à r.l. | Luxembourg
TB Yum! Franchise I LP | Canada (Alberta)
TBA Services, LLC | Delaware
Tricon Global Restaurants, Inc. | North Carolina
Versailles Resto S.A.S. | France
YA Company One Pty. Ltd. | Australia
YCH S.a.r.l. | Luxembourg
YEB Holdings LLC | Delaware
YEB III LLC | Delaware
YRH Holdco Limited | United Kingdom
YRI Europe S.a.r.l. | Luxembourg
YRI Global Liquidity S.a.r.l. f/k/a Bolden Holding Sarl | Luxembourg
YRI Investment Company S.a.r.l. f/k/a Brownstone Holdings Sarl | Luxembourg
Yum Cyprus Limited | Cyprus
Yum Restaurant Services Group, LLC f/k/a Yum Restaurant Services Group, Inc. | Delaware
Yum! Asia Franchise Pte Ltd | Singapore
Yum! Asia Holdings II S.a.r.l | Luxembourg
Yum! Asia Holdings S.a.r.l | Luxembourg
Yum! Australia Equipment Pty. Ltd. | Australia
Yum! Brands Mexico Holdings II LLC | Delaware
Yum! Finance Holdings IV S.a.r.l | Luxembourg
YUM! Finance Holdings l Sarl f/k/a Sunhill Holdings Sarl | Luxembourg
Yum! Finance Holdings V S.a.r.l | Luxembourg
Yum! Franchise de Mexico, S.a.r.l. | Luxembourg
Yum! Franchise II LLP | United Kingdom
Yum! III (UK) Limited | United Kingdom
Yum! International Finance Company S.a.r.l. | Luxembourg

Yum! International Finance II S.a.r.l. | Luxembourg
Yum! International Participations LLC f/k/a Yum! International Participations S.a.r.l | Delaware
Yum! KFC Australia Holdings I LLC f/k/a Yum! Australia Holdings I LLC | Delaware
Yum! KFC Australia Holdings II LLC f/k/a Yum! Australia Holdings II LLC | Delaware
Yum! Luxembourg Investments LLC f/k/a Yum! Luxembourg Investments S.a.r.l. | Delaware
Yum! PH Australia Holdings I LLC | Delaware
Yum! PH Australia Holdings II LLC | Delaware
Yum! Restaurant Holdings | United Kingdom
Yum! Restaurantes do Brasil Ltda. | Brazil
Yum! Restaurants (India) Private Limited | India
Yum! Restaurants (NZ) Ltd. | New Zealand
Yum! Restaurants Asia Pte. Ltd. | Singapore
Yum! Restaurants Australia Pty Limited | Australia
Yum! Restaurants Europe Limited | United Kingdom
Yum! Restaurants Germany GmbH | Germany
Yum! Restaurants International (MENAPAK) Co. S.P.C. | Bahrain
Yum! Restaurants International (Thailand) Co., Ltd. | Thailand
Yum! Restaurants International Holdings, LLC f/k/a Yum! Restaurants International Holdings, Ltd. | Delaware
Yum! Restaurants International Limited | United Kingdom
Yum! Restaurants International Ltd. & Co. Kommanditgesellschaft | Germany
Yum! Restaurants International Management LLC f/k/a Yum! Restaurants International Management S.a.r.l. | Delaware
YUM! Restaurants International MENAPAK Consulting FZE. | U.A.E.
Yum! Restaurants International Russia and CIS LLC | Russian Federation
Yum! Restaurants International Russia LLC | Russian Federation
Yum! Restaurants International, Inc. | Delaware
Yum! Restaurants International, S de RL de CV | Mexico
Yum! Restaurants Limited f/k/a Valleythorn Limited | United Kingdom
Yum! Restaurants Marketing Private Limited | India
Yumsop Pty Limited | Australia