Yum Brands : 2024 GRI Index

YUM

Published on 06/30/2025 at 20:21

GRI 1 - FOUNDATION 2021

Yum! Brands has reported in accordance with the Global Reporting Initiative (GRI) Standards for the period January 1 to December 31, 2024. GRI had not released the sector standards for the food and beverages industry as of the publication date July 1, 2025. No sector standards were applicable. All responses with the following character ">" indicate the navigation structure of the Yum! Brands 2024 Global Citizenship & Sustainability Report.

Disclosure Response

General Disclosures 2021: Organizational Details

Organizational details Yum! Brands, Inc.

2024 Form 10-K, Title Page, p. 1 Louisville, Kentucky, U.S.

2024 Form 10-K, Business, p. 3 Locations:

KFC

Pizza Hut Taco Bell

Habit Burger & Grill

Entities included in the organization's sustainability reporting 2024 Form 10-K, Overview of Business, pp. 3-4, Principles of Consolidation and Basis of Preparation p. 63

2024 Form 10-K, Principles of Consolidation and Basis of Preparation, p. 63

The same entities included in the audited consolidated financial statements of Yum! Brands, Inc. are included within sustainability reporting. As applicable, certain additional operational information relating to third-party entities within Yum!'s value chain, including franchisees and suppliers, is also used.

Reporting period, frequency and contact point Annual

Year End: December 31, 2024

Publication Date: July 1, 2025 [email protected]

Restatements of information No restatements have been made in the current reporting year.

External assurance The Statement of Greenhouse Gas Emissions, which includes Scope 1, 2 and 3 GHG emissions, was subject to limited assurance in accordance with the attestation standards established by the American Institute of Certified Public Accountants.

In addition, all sustainability reporting is subject to multiple tiers of internal review, which may include subject matter experts, the legal and compliance teams, and the executive team. Quarterly progress updates are provided to the Board-level Nominations & Governance Committee and to the management-level ESG Disclosure Committee.

2024 GRI INDEX

General Disclosures 2021: Activities & Workers

Response

Disclosure

Activities, value chain and other business relationships 2024 Form 10-k, Business, pp. 3-11 Locations:

KFC

Pizza Hut Taco Bell

Habit Burger & Grill

Employees 2024 Form 10-K, Human Capital Management, pp. 7-8

Workers who are not employees Omission: Yum! selectively utilizes contractors within above-restaurant roles, however the total number is considered insignificant for reporting purposes, hence no further disclosure is made.

General Disclosures 2021: Governance

Governance structure and composition DEF 14A Proxy Statement (definitive), hereinafter referred to as "2025 Proxy", pp. 6-15 Approach > Corporate & Sustainability Governance

Nomination and selection of the highest governance body 2025 Proxy, pp. 7-10, 18

Chair of the highest governance body 2025 Proxy, pp. 19-20

Role of the highest governance body in overseeing the management of impacts 2025 Proxy, pp. 19-22, 24-25 2-13 Delegation of responsibility for managing impacts 2025 Proxy, pp. 21-22, 24-25

Role of the highest governance body in sustainability reporting 2025 Proxy, pp. 21-22

Conflicts of interest Global Code of Conduct, p. 15

Communication of critical concerns 2025 Proxy, p. 23

Collective knowledge of the highest governance body 2025 Proxy, p. 9

Evaluation of the performance of the highest governance body 2025 Proxy, pp. 19-20

Remuneration policies 2025 Proxy, pp. 16-18, 22

Process to determine remuneration 2025 Proxy, pp. 16-18

Annual total compensation ratio 2025 Proxy, CEO Pay Ratio, p. 73

Disclosure

Response

General Disclosures 2021: Strategy, Policies & Practice

Statement on sustainable development strategy Yum! Brands 2024 Global Citizenship & Sustainability Report > CEO Message

Policy commitments Reporting & Policies

Embedding policy commitments Approach > Corporate & Sustainability Governance People > Ethics & Human Rights

Planet Food

Processes to remediate negative impacts Global Code of Conduct, pp. 29-34

Mechanisms for seeking advice and raising concerns describe the mechanisms for individuals

Global Code of Conduct, pp. 29-34

Compliance with laws and regulations 2024 Form 10-K, Note 20: Contingencies, pp. 104-105

Membership associations Approach > Risk Management & Disclosures Reporting & Materiality

Approach to stakeholder engagement Approach > Risk Management & Disclosures Reporting & Materiality

Collective bargaining agreements As of December 31, 2024, approximately 14% of employees reported to be represented by an independent trade union or covered by collective bargaining agreements.

General Disclosures 2021: Material Topics

Process to determine material topics Approach > Risk Management & Disclosures Reporting & Materiality

List of material topics Approach > Risk Management & Disclosures Reporting & Materiality

Management of material topics Approach > Risk Management & Disclosures Reporting & Materiality

Disclosure Response

201: Economic Performance

Management of the material topic 2024 Form 10-K, Financial Statements and Supplementary Data, pp. 55-63

Direct economic value generated and distributed 2024 Form 10-K, Financial Statements and Supplementary Data, pp. 55-109 201-2 Financial implications and other risks and opportunities due to climate change 2024 Form 10-K, Risk Factors, pp. 9-23

202: Market Presence

201-3 Defined benefit plan obligations and other retirement plans 2024 Form 10-K, Pension, Retiree Medical and Retiree Savings Plans, pp. 89-94 201-4 Financial assistance received from government 2024 Form 10-K, Income Taxes, pp. 97-100

Management of the material topic 2024 Form 10-K, Human Capital, pp. 7-8

Yum! is committed to paying our employees fairly and equitably for their work. In the U.S., where most of our above-restaurant employees

Ratios of standard entry level wage by gender compared to local minimum wage

reside, we routinely analyze pay to confirm that pay disparities by gender and ethnicity do not exist when taking into account all job- and performance-related pay factors.

For more information, visit Yum.com.

Proportion of senior management hired from the local community Yum! is committed to developing all employees at all levels and supporting growth from within, across our operations.

205: Anti-corruption

Management of the material topic

Global Code of Conduct Supplier Code of Conduct

People > Ethics & Human Rights

Operations assessed for risks related to corruption People > Ethics & Human Rights

205-2 Communication and training about anti-corruption policies

People > Ethics & Human Rights

100% of Yum! employees, including our board of directors, are annually trained in anti-corruption practices.

of materiality and warrant inclusion in our report.

205-3 Confirmed incidents of corruption and actions taken There were no confirmed instances of corruption in 2024, as reported as breaches in our Global Code of Conduct, which would rise to the level

206: Anti-Competitive Behavior

Management of the material topic Global Code of Conduct

206-1 Legal actions for anti-competitive behavior, anti-trust and monopoly practices There were no confirmed instances of anti-competitive behavior, anti-trust and monopoly practices in 2024.

207: Tax Governance, Control & Risk Management

Response

Disclosure

Management of the material topic

Approach to Tax

2024 Form 10-K, Income Taxes, pp. 97-100 2025 Proxy, pp. 23-25, 100-101

Tax & Trade Policy

2025 Proxy, pp. 100-101 Political Contributions Policy Tax & Trade Policy

Tax governance, control and risk management 2025 Proxy, pp. 23-25, 100-101

2025 Proxy, p. 23

Stakeholder engagement and management of concerns related to tax

Political Contributions Policy Tax & Trade Policy

Country-by-country reporting 2024 Form 10-K, Income Taxes, pp. 97-100

301: Materials

Management of the material topic

Sustainable Packaging & Waste Reduction page on Yum.com Global Forest Stewardship Policy

Palm Oil Policy

Paper-based Packaging Sourcing Policy Sustainable Packaging Policy

Quantified values should be considered estimates. We are actively working to address the underlying data limitations.

301-1 Materials used by weight or volume

In 2024, approximately 515,000 metric tons of fiber- (renewable) and 120,000 metric tons of plastic- (non-renewable) based consumer-facing packaging and consumer servicewares were used.

We encourage the use of recycled and reclaimed sources of material in packaging and servicewares as feasible and as allowed by local

301-2 Recycled input materials used

301-3 Reclaimed products and their packaging materials

regulations, however quantification of these percentages is not currently available and efforts to improve data collection are ongoing.

See Planet > Packaging & Circularity for more information on Yum!'s packaging initiatives.

We encourage the use of recycled and reclaimed sources of material in packaging and servicewares as feasible and as allowed by local regulations, however quantification of these percentages is not currently available and efforts to improve data collection are ongoing.

See Planet > Packaging & Circularity for more information on Yum!'s packaging initiatives.

Disclaimer

YUM! Brands Inc. published this content on July 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 01, 2025 at 00:20 UTC.