Yum China Holdings, Inc. (Yum China) disclosed on 22 May 2026 that it cancelled 66,858 shares repurchased in the United States on 20 May 2026 at an average price of USD 44.87 per share. Concurrently, 42 new shares were issued to settle long-term incentive awards.

Following these movements, the company’s issued share capital fell to 348.38 million shares as of 21 May 2026, down from 348.44 million at the previous reporting date.

Buybacks not yet cancelled • Between 13 March and 21 May 2026, Yum China repurchased a total of 1.37 million shares (0.39 % of the current share base) that remain pending cancellation. • The most recent transactions on 21 May 2026 comprised: – 66,762 shares bought on the NYSE at prices ranging from USD 44.43 to USD 45.16, costing USD 3.00 million. – 21,900 shares bought on the HKEX at prices between HKD 350.60 and HKD 357.60, costing HKD 7.73 million.

Repurchase mandate utilisation Since the annual mandate was approved on 23 May 2025, Yum China has repurchased 26.90 million shares, representing 7.22 % of the issued share count at the mandate date. The company remains authorised to buy back up to 37.24 million shares under this mandate.

With the latest cancellation and ongoing repurchase activity, Yum China continues to reduce its share float while holding additional repurchased shares for future cancellation.