Yum China Holdings, Inc. reported a further reduction in share capital following coordinated repurchase activities in both the United States and Hong Kong, according to its Next Day Disclosure Return filed on 14 July 2026.

Key developments • On 10 July 2026, the company repurchased 67,601 ordinary shares in the US at a volume-weighted average price of USD 43.26 per share and cancelled them on 13 July. • Subsequent repurchases on 13 July 2026 comprised: – 22,650 shares on the Hong Kong Stock Exchange at prices between HKD 342.20 and HKD 348.80, costing HKD 7.84 million. – 74,943 shares on the New York Stock Exchange at prices between USD 43.79 and USD 44.41, costing USD 3.30 million. These shares are slated for cancellation.

Issued-share impact • Total issued shares (excluding treasury shares) fell to 344.46 million as at 13 July 2026, down 0.02% from 344.53 million on 10 July. • An additional 0.43 million shares repurchased between 11 June and 13 July in Hong Kong and the US remain pending cancellation.

Repurchase mandate utilisation • Under the shareholder mandate granted on 28 May 2026 authorising buy-backs of up to 34.66 million shares, Yum China has repurchased 2.92 million shares to date, representing 0.84% of the company’s issued share capital at the mandate date.

All transactions were executed by independent brokers pursuant to Rule 10b5-1 plans in the US and an automatic share repurchase agreement in Hong Kong, in compliance with the respective market regulations.