Yum China Holdings Announces New Equity-Based Compensation Plan for Non-Employee Directors

Reuters
06 Jun
Yum China Holdings Announces New Equity-Based Compensation Plan for Non-Employee Directors

Yum China Holdings Inc. has announced a new compensation plan effective from June 1, 2025, under which non-employee directors will receive their annual retainers in the form of equity awards. According to the announcement, these directors will be compensated with shares of common stock under the Yum China Holdings, Inc. 2022 Long Term Incentive Plan (2022 LTIP) for their services from June 1, 2025, to May 31, 2026. Directors may choose to receive up to half of their retainers in cash if requested. Additionally, the chairman and chairpersons of board committees, as well as committee members, will receive supplementary annual stock retainers. The closing price on May 30, 2025, was HK$346.60 per share on the Hong Kong Stock Exchange and US$43.65 per share on the New York Stock Exchange. As of the grant date, 25,430,516 shares remain available for future grants under the 2022 LTIP.

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