On March 26, 2026, Yum! Brands, Inc. announced the appointment of Kathleen K. Oberg to its Board of Directors, effective April 1, 2026. Ms. Oberg's appointment comes as part of the company's ongoing efforts to enhance its governance and leadership structure. She will stand for election by shareholders at the company's next Annual Meeting. As of the date of this filing, Ms. Oberg has not been assigned to any committee of the Board. In line with the company's standard compensation arrangements for non-employee directors, Ms. Oberg will receive a one-time stock grant valued at $25,000 on her appointment date, along with a prorated portion of her annual stock retainer. This strategic move is expected to bolster the company's governance framework and bring fresh perspectives to the Board, which could positively influence investor confidence and stock performance in the long term.

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