Yum! Brands Guidance

Long-Term Growth Model:
Global System Same-Store Sales Growth 2-3%
Global Net New Unit Growth 4-5%
Global System Sales Growth, excluding FX and 53rd Week Mid to High Single-Digit
Core Operating Profit Growth, excluding FX and 53rd Week* High Single-Digit

*At this time, we are unable to forecast any Special Items or any impact from changes in FX rates, and therefore cannot provide an estimate of Operating Profit Growth on a GAAP basis.