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AI English summary of an SEC filing — figures as filed

Yum! Brands logoYum! Brands YUM

The company disclosed the vote results for director nominees at its May 16, 2024 annual shareholders meeting. For example, Keith Barr received 220,754,622 votes for, 1,880,442 votes against and 310,658 abstentions, with 25,613,206 broker non-votes.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company disclosed the vote results for director nominees at its May 16, 2024 annual shareholders meeting. For example, Keith Barr received 220,754,622 votes for, 1,880,442 votes against and 310,658 abstentions, with 25,613,206 broker non-votes.

  2. The company said shareholders approved the proposal to appoint KPMG LLP as independent auditor for 2024, with 237,610,113 votes for, 10,533,631 against and 415,184 abstentions. It said there were no broker non-votes on this item.

  3. The company said shareholders approved, in a non-binding advisory vote, the compensation of its named executive officers, with 206,166,886 votes for, 14,769,307 against and 2,009,529 abstentions. It said there were 25,613,206 broker non-votes.

  4. The company said the shareholder proposal to adopt a policy on the use of antimicrobials in food-producing animals was not approved, with 26,223,263 votes for and 195,424,175 against. A shareholder proposal on consideration of proposed capital transactions was also not approved, with 1,743,493 votes for and 219,817,996 against.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Yum! Brands Director Vote at May 16, 2024 Annual Meeting

The company disclosed the vote results for director nominees at its May 16, 2024 annual shareholders meeting. For example, Keith Barr received 220,754,622 votes for, 1,880,442 votes against and 310,658 abstentions, with 25,613,206 broker non-votes.

Source · Based on the filing body and exhibits

Shareholders Approve KPMG LLP as Auditor for 2024

The company said shareholders approved the proposal to appoint KPMG LLP as independent auditor for 2024, with 237,610,113 votes for, 10,533,631 against and 415,184 abstentions. It said there were no broker non-votes on this item.

Source · Based on the filing body and exhibits

Shareholders Approve Advisory Vote on Executive Pay

The company said shareholders approved, in a non-binding advisory vote, the compensation of its named executive officers, with 206,166,886 votes for, 14,769,307 against and 2,009,529 abstentions. It said there were 25,613,206 broker non-votes.

Source · Based on the filing body and exhibits

2 Shareholder Proposals Fail

The company said the shareholder proposal to adopt a policy on the use of antimicrobials in food-producing animals was not approved, with 26,223,263 votes for and 195,424,175 against. A shareholder proposal on consideration of proposed capital transactions was also not approved, with 1,743,493 votes for and 219,817,996 against.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.