EX-21.1 5 yum-12312018xex211.htm EXHIBIT 21.1

| Exhibit 21.1
SUBSIDIARIES OF YUM! BRANDS, INC.
AS OF DECEMBER 31, 2018
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. | 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 | Australia
A.C.N. 108 123 502 Pty Limited | Australia
ABR Insurance Company | Vermont
Ashton Fried Chicken Pty. Limited | Australia
Cyprus Caramel Restaurants Limited | Cyprus
Egg Shell Holdings LLC | Delaware
Finger Licken Good Franchising LLC | Delaware
Finger Lickin' Chicken Limited | United Kingdom
GCTB, LLC | Virginia
Gloucester Properties Pty. Ltd. | Australia
IPDEV Co., LLC | Delaware
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 | Delaware
Kentucky Fried Chicken Limited | United Kingdom
Kentucky Fried Chicken Pty. Ltd. | Australia
KFC (Pty) Ltd | South Africa
KFC Advertising, Ltd. | United Kingdom
KFC APAC B.V. f/k/a KFC Mexico B.V. | Netherlands
KFC Asia LLC | Delaware
KFC Asia S.à r.l. f/k/a TB Asia Holdings S.à r.l. | Luxembourg
KFC Brasil Publicidade e Propaganda Ltda | Brazil
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 | Delaware
KFC International Holdings I LLC | 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 Netherlands B.V. | Netherlands
KFC North America S.à r.l. | Luxembourg
KFC Operations S.à r.l. f/k/a Yum! Finance Holdings IV S.a.r.l | Luxembourg
KFC Pacific Holdings Ltd | 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 | Malta
KFC US, LLC | Delaware
KFC YFI Holdco S.à r.l. | Luxembourg
KFC Yum! Franchise I LP | Canada (Alberta)
KFC Yum! Franchise III | Australia
Multibranding Pty. Ltd. | Australia
National Systems, LLC | Delaware
Newcastle Fried Chicken Pty. Ltd. | Australia
Northside Fried Chicken Pty Limited | Australia
Novo BL SAS | France
Novo Re IMMO SAS | France
Pacific Bell Franchising LLC | Delaware
Pacificly Pizza Hut LLC | Delaware
PH APAC B.V. f/k/a PH Mexico B.V. | Netherlands
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 DIGITAL VENTURES UK LIMITED | United Kingdom
PH Europe 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 | Delaware
PH International Holdings I LLC | Delaware
PH International Holdings II S.à r.l. | Luxembourg
PH Mexico S.à r.l. | Luxembourg
PH North America S.à r.l. | Luxembourg
PH Operations S.à r.l. f/k/a Yum! Asia Holdings II S.a.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
PHDV Asia Company Limited | Vietnam
Pizza Famila Partnership | Delaware
Pizza Hut (Pty) Ltd | South Africa
Pizza Hut Connect, LLC | Delaware
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 | Delaware
Pizza Hut Pacific Holdings Ltd. | Malta
Pizza Hut Restaurants Asia Pte., Ltd. | Singapore
Pizza Hut Restaurants China-India Pte. Ltd. | Singapore
Pizza Hut, LLC | Delaware
Pizza Pete Franchising LLC | Delaware
QuikOrder, LLC | Delaware
Restaurant Concepts LLC | Delaware
Restaurant Holdings Limited | United Kingdom
Southern Fast Foods 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 | Delaware
Taco Bell Restaurants Asia Pte., Ltd. | Singapore
Taco Bell Restaurants China-India Pte. Ltd. | Singapore
TB APAC B.V. | Netherlands
TB Asia LLC | Delaware
TB Asia S.à r.l. | Luxembourg
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 China Franchising S.à r.l. f/k/a Yum! Finance Holdings V S.a.r.l | Luxembourg
YRI China Holdings B.V. | Netherlands
YRI China Licensing LLC | Delaware
YRI Europe S.a.r.l. | Luxembourg
YRI Global Liquidity S.a.r.l. | Luxembourg
YRI Investment Company S.a.r.l. | Luxembourg
Yum Cyprus Limited | Cyprus
Yum Restaurant Services Group, LLC | Delaware
Yum! Asia Franchise Pte Ltd | Singapore
Yum! Asia Holdings S.a.r.l | Luxembourg
Yum! Australia Equipment Pty. Ltd. | Australia
Yum! Brands Mexico Holdings II LLC | Delaware
YUM! Finance Holdings l Sarl | 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 Participations LLC | Delaware
Yum! KFC Australia Holdings I LLC | Delaware
Yum! KFC Australia Holdings II LLC | Delaware
Yum! Luxembourg Investments LLC | Delaware
Yum! Operations China S.à r.l. f/k/a Yum! International Finance II S.a.r.l. | Luxembourg
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 | Delaware
Yum! Restaurants International Limited | United Kingdom
Yum! Restaurants International Ltd. & Co. Kommanditgesellschaft | Germany
Yum! Restaurants International Management LLC | 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 | United Kingdom
Yum! Restaurants Marketing Private Limited | India
Yumsop Pty Limited | Australia