EX-21.1 8 yum-12312024xex211.htm EX-21.1

| Exhibit 21.1
SUBSIDIARIES OF YUM! BRANDS, INC.
AS OF DECEMBER 31, 2024
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 Limited | Australia
A.C.N. 085 239 961 Pty Ltd | Australia
A.C.N. 085 239 998 Pty Ltd | Australia
A.C.N. 108 123 502 Pty Ltd | Australia
ABR Insurance Company | Vermont
Ashton Fried Chicken Pty. Limited | Australia
Clokken Ireland Limited | Ireland
Clokken Limited | England and Wales
Cyprus Caramel Restaurants Limited | Cyprus
Dragontail Systems Canada, Inc. | British Columbia
Dragontail Systems Ltd. | Israel
Dragontail Systems Pty Limited f/k/a Dragontail Systems Limited | Australia
Dragontail Systems USA, Inc. | Delaware
Egg Shell Holdings LLC | Delaware
Finger Lickin' Chicken Limited | England and Wales
Finger Lickin Good Franchising LLC | Delaware
Gardiner Lane Capital, LLC | Delaware
GCTB, LLC | Virginia
Gloucester Properties Pty. Ltd. | Australia
Gotham Newco 4 Limited | England and Wales
Habit Employment, L.P. | Delaware
HBG Franchise, LLC | Delaware
Heart Brands UK Limited | England and Wales
Heart Brands Pty Ltd. | Australia
Heartstyles (Pty) Ltd. | South Africa
Hut Occasions LLC | South Korea
IPDEV Co., LLC | Delaware
Kentucky Fried Chicken (Germany) Restaurant Holding GmbH | Germany
Kentucky Fried Chicken (Great Britain) Limited | England and Wales
Kentucky Fried Chicken Canada Company | Nova Scotia
Kentucky Fried Chicken International Holdings LLC | Delaware
Kentucky Fried Chicken Limited | England and Wales
Kentucky Fried Chicken Pty. Ltd. | Australia
KFC (Pty) Ltd | South Africa
KFC Advertising, Limited | England and Wales

KFC Asia Data & Analytics Pte. Ltd | Singapore
KFC Asia Franchise Pte. Ltd. f/k/a Taco Bell Restaurants China-India Pte. Ltd. | Singapore
KFC Asia Holdings LLC f/k/a KFC Asia S.à r.l. f/k/a TB Asia Holdings S.à r.l. | Delaware
KFC Australia IP Holdings, LLC | Delaware
KFC Canada, LLC | Delaware
KFC Corporation | Delaware
KFC Europe Holdings S.à. r.l. | Switzerland
KFC Europe S.à. r.l. | Switzerland
KFC Europe S.à. r.l. | Luxembourg
KFC France SAS | France
KFC Gift Card Holdings LLC | Kentucky
KFC Greece LLC | Greece
KFC Holding Co. | Delaware
KFC Holding SAS | France
KFC Holdings B.V. | Netherlands
KFC India Marketing Private Limited | India
KFC International Holdings II LLC f/k/a KFC International Holdings II S.à. r.l. | Delaware
KFC MENAPAK LLC | Delaware
KFC MENAPAK S.à. r.l. | Luxembourg
KFC MENAPAKT FZ-LLC | Dubai
KFC MENAPAKT Holdings, LLC | Delaware
KFC North America LLC f/k/a KFC North America S.à. r.l. | Delaware
KFC Pacific Holdings Ltd | Malta
KFC Restaurants Spain S.L. | Spain
KFC South Africa Holdings B.V. | Netherlands
KFC THC V Ltd | Malta
KFC US, LLC | Delaware
KFC US RE Holdings, LLC | Delaware
Live Mas UK Limited | England and Wales
Multibranding Pty. Ltd. | Australia
National Systems, LLC | Delaware
Newcastle Fried Chicken Pty. Limited | 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 Canada Company | Nova Scotia

PH Digico LLC | Delaware
PH Digital Ventures UK Limited | England and Wales
PH Europe S.à. r.l. | Luxembourg
PH Mexico LLC f/k/a PH Mexico S.à. r.l. | Delaware
PH North America LLC f/k/a PH North America S.à. r.l. | Delaware
PH South Africa Holdings B.V. | Netherlands
PH Yum! France SAS | France
PH Yum! Germany GmbH f/k/a Blitz D24-602 GmbH | Germany
PHDV Asia Company Limited | Vietnam
Pizza Familia Partnership | Delaware
Pizza Hut (Pty) Ltd | South Africa
Pizza Hut Asia Pacific Franchise Pte. Ltd. f/k/a Pizza Hut Restaurants China-India Pte. Ltd. | Singapore
Pizza Hut Asia Pacific Holdings LLC f/k/a Pizza Hut Pacific Holdings LLC f/k/a PH Asia Holdings S.à. r.l. | Delaware
Pizza Hut Canada, LLC | Delaware
Pizza Hut Connect, LLC | Delaware
Pizza Hut Europe Limited | England and Wales
Pizza Hut Guarantor, LLC | Delaware
Pizza Hut Holdings, LLC | Delaware
Pizza Hut HSR Advertising Limited | England and Wales
Pizza Hut India Marketing Private Limited | India
Pizza Hut International, LLC | Delaware
Pizza Hut MENAPAK Consulting FZE | Dubai
Pizza Hut MENAPAK Holdings, LLC | Delaware
Pizza Hut MENAPAK S.à r.l. | Luxembourg
Pizza Hut MENAPAKT FZ-LLC | Dubai
Pizza Hut of America, LLC | Delaware
Pizza Hut, LLC | Delaware
Pizza Pete Franchising LLC | Delaware
PKM Investments, LLC | Delaware
QuikOrder, LLC | Delaware
Restaurant Concepts LLC | Delaware
Restaurant Holdings Limited | England and Wales
South China Sea Investments LLC | Delaware
Southern Fast Foods Limited | England and Wales
Suffolk Fast Foods Limited | England and Wales
Taco Bell Asia Franchising, LLC f/k/a TB Asia S.à r.l. | Delaware

Taco Bell Canada, LLC | Delaware
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 Pacific Investments, LLC | Delaware
Taco Bell Restaurants Asia Pte. Ltd. | Singapore
Taco Bell UK and Europe Limited f/k/a Yum! Restaurants Limited | England and Wales
TB Asia LLC | Delaware
TB Australia Company Pty. Ltd. | Australia
TB Canada Company | Nova Scotia
TB Cantina, LLC | Delaware
TB International Holdings II LLC f/k/a TB International Holdings II S.à. r.l. | Delaware
TB North America LLC f/k/a TB North America S.à. r.l. | Delaware
TBA Services, LLC | Delaware
The Habit Restaurants, Inc. | Delaware
The Habit Restaurants, LLC | Delaware
TicTuk Technologies Ltd. | Israel
Tricon Global Restaurants, Inc. | North Carolina
YA Company One Pty. Ltd. | Australia
YEB Holdings LLC | Delaware
YEB III LLC | Delaware
YRH Holdco Limited | England and Wales
YRI Asia Ventures Ltd. | Malta
YRI China Franchising LLC f/k/a YRI China Franchising S.à. r.l. f/k/a Yum! Finance Holdings V S.à. r.l. | Delaware
YRI Europe S.à. r.l. | Luxembourg
YRI Global Liquidity S.à. r.l. | Luxembourg
YRI Investment Company S.à. r.l. | Luxembourg
YRI Investment Ventures Ltd. | Malta
Yum Colombiatech Systems SAS | Colombia
Yum Connect Australia Pty. Ltd. | Australia
Yum Connect, LLC | Delaware
Yum Cyprus Limited | Cyprus
Yum HS Holdings, LLC | Delaware
Yum India Technology Solutions Private Limited | India
Yum Restaurant Services Group, LLC | Delaware
Yum Treasury Finance Ltd. F/k/a Flogios Holdings Ltd. | Cyprus
Yum! Asia Franchise Pte Ltd | Singapore
Yum! Asia Holdings LLC f/k/a Yum! Asia Holdings S.à. r.l. | Delaware

Yum! Australia Equipment Pty. Ltd. | Australia
Yum! Brands Mexico Holdings II LLC | Delaware
Yum! Capital Investments, LLC | Delaware
Yum! Europe Limited | England and Wales
Yum! Finance Holdings I S.à. r.l. | Luxembourg
Yum! Franchise de Mexico LLC f/k/a Yum! Franchise de Mexico, S.à. r.l. | Delaware
Yum! Holdings II Limited | England and Wales
Yum! III (UK) Limited | England and Wales
Yum! International Finance Company LLC f/k/a Yum! International Finance Company S.à. r.l. | Delaware
Yum! KFC Australia Holdings I LLC | Delaware
Yum! Restaurant Holdings | England and Wales
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 | England and Wales
Yum! Restaurants International (Thailand) Co., Ltd. | Thailand
Yum! Restaurants International Holdings LLC | Delaware
Yum! Restaurants International Limited | England and Wales
Yum! Restaurants International Ltd. & Co. Kommanditgesellschaft | Germany
Yum! Restaurants International Management LLC | Delaware
YUM! Restaurants International MENAPAK Consulting FZE | Dubai
Yum! Restaurants International, Inc. | Delaware
Yum! Restaurants International, S de RL de CV | Mexico
Yum! Restaurants Limited f/k/a Yum! MENAPAKT Limited | England and Wales
Yum! Restaurants Marketing Private Limited | India
Yumsop Pty Limited | Australia