Yum China announces disclosure, in accordance with Hong Kong Stock Exchange rules, of possible quarterly dividend

SHANGHAI, April 17, 2024 /PRNewswire/ — Yum China Holdings, Inc. (NYSE: YUM and HKEX: 9987, “Yum China” or the “Company”) announced today, in accordance with the rules governing the listing of securities on the Stock Exchange of Hong Kong Limited (the “HKEX”) which require notice of meetings of the board of directors at which a dividend is deemed to be declared, that its board of directors (the “Board”) will consider the declaration and payment of a quarterly dividend (the “Dividend”). If the Board decides to proceed, the declaration will be adopted by resolution of. Advice on or around this date. April 30, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company.

The Company makes available through the Investor Relations section of its website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronic filing of such documents with the HKEX. These deposits can also be obtained by visiting the HKEX website at http://www.hkex.com.hk.

No resolution of the Board of Directors relating to the dividend having been adopted as of the date of this press release, there can be no guarantee that the dividend will be declared.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend that all forward-looking statements are covered by the safe harbor provisions of the law. Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect”, ” expectation”, “believe”, “anticipate”, “may”, “could”, “intend”, “believe”, “plan”, “estimate”, “target”, “predict”, “project” , “likely”, “will”, “continue”, “should”, “forecast”, “outlook” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such estimates and assumptions will prove to be accurate. Forward-looking statements. are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated in such statements. We cannot assure you that our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are made only as of the date of this press release, and we undertake no obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. 'required. Many factors could cause our actual results or events to differ materially from those expressed or implied in the forward-looking statements. All forward-looking statements should be evaluated taking into account their inherent uncertainty. You should review our filings with the Securities and Exchange Commission (including the information set forth under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K and our subsequent quarterly reports (Reports on Form 10-Q) for further details on factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China is the largest catering company in China with the mission of making every life beautiful. The company has more than 400,000 employees and operates more than 14,000 restaurants under six brands in 2,000 cities nationwide. China. KFC and Pizza Hut are the leading brands in the fast casual dining spaces in China, respectively. Furthermore, Yum China partnered with Lavazza to develop the Lavazza café concept in China. Little sheep and Huang Ji Huang specializing in Chinese cuisine. Taco Bell offers innovative Mexican-inspired cuisine. Yum China has a world-class digitized supply chain that includes an extensive network of logistics centers nationwide and an internal supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company whose vision is to be the world's most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.

Investor Relations Contact
Tel: +86 21 2407 7556
E-mail: [email protected]

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SOURCE Yum China Holdings, Inc.