Yum China Holdings, Inc. disclosed a further reduction in its share capital following ongoing repurchase activity across both the New York Stock Exchange (NYSE) and Hong Kong Stock Exchange (HKEX).

The company cancelled 66,762 shares bought in the U.S. on 21 May 2026, cutting its outstanding share count to 348.31 million as at 22 May 2026, down 0.02 % from the previous day’s 348.38 million.

Latest repurchase details (22 May 2026): • NYSE: 67,267 shares repurchased at between USD 44.24 and USD 44.95, for a total consideration of USD 3.00 million. • HKEX: 22,100 shares repurchased at between HKD 347.20 and HKD 351.20, for a total consideration of HKD 7.73 million. These 89,367 shares are earmarked for cancellation and therefore remain in issue until the cancellation is effected.

Pending cancellation pool: • Hong Kong: 1.32 million shares accumulated from 13 March to 22 May 2026. • United States: 67,267 shares from the 22 May 2026 NYSE trade. Total shares awaiting cancellation stand at 1.39 million, equivalent to roughly 0.40 % of current issued shares.

Repurchase mandate utilisation: • Authorised shares under 23 May 2025 mandate: 37.24 million. • Shares repurchased to date: 26.99 million, representing 72.50 % of the mandate and 7.25 % of the share base at mandate inception.

Yum China confirmed that all transactions complied with the respective regulations—Rule 10b5-1 in the U.S. and Hong Kong’s automatic share repurchase framework. No new shares may be issued, nor treasury shares sold, within 30 days of the latest buyback without prior Exchange approval.