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Yum China Announces Disclosure Under Hong Kong Stock Exchange Rules Regarding Possible Quarterly Dividend

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SHANGHAI, October 16, 2020 / PRNewswire / – Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China“or the” Company “) announced today, in accordance with the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange Limited (the” HKEX “) which require advance notice of meetings of the board of directors at which a dividend should 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 statement will be adopted by resolution of the Board on or towards October 29, 2020 (Beijing/ Hong Kong Time) and will be promptly disclosed by the Company.

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

As no resolution of the Board of Directors relating to the dividend has been adopted as of the date of this press release, there can be no assurance 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 wish all forward-looking statements to be covered by the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking terms such as “expect”, ” waiting ””. believe, “” anticipate “,” may, “” might, “” intend “,” believe “,” plan “,” estimate “,” target “,” predict “,” plan “,” probably “, “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 understanding of historical trends, current conditions and expected future developments, as well as other factors we believe to be appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. not guarantees of performance and are inherently subject to known and unknown risks and uncertainties which are difficult to predict and could cause our actual results or events to differ materially from those indicated by such statements. tions. We cannot guarantee that any of our expectations, estimates or assumptions will be realized. The forward-looking statements included in this press release are made only as of the date of this press release, and we disclaim any 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 by forward-looking statements. All forward-looking statements should be evaluated taking into account their inherent uncertainty. You should consult our documents filed with the Securities and Exchange Commission (including the information presented 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, Subsequent Quarterly Reports on Form 10-Q, and other reports we file with the SEC) for more details on factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It owns exclusive rights to mainland China KFC, the leading quick-service restaurant brand in China, Pizza Hut, the leading casual dining brand in China, and Taco Bell, a California-based restaurant chain serving innovative cuisine from around the world. Mexican inspiration. Yum China also owns the Little Sheep, Huang. The concepts of Ji Huang, East Dawning and COFFii & JOY. It is also partnering with Lavazza to explore and develop the Lavazza coffee concept in China. The company had 9,954 restaurants in more than 1,400 cities at the end of June 2020. Yum Chinaranked # 361 on the Fortune 500 list for 2020. In 2020, Yum China was named in the Bloomberg Gender Equality Index and was certified Top Employer 2020 inChinaby theTop Employers Institute, both for the second year in a row. For more information, please visithttp://ir.yumchina.com.

Contact Investor Relations
Phone: +86 21 2407 7556 / +852 2267 5801
E-mail:[email protected]

Media contact
Phone: +86 21 2407 7510
E-mail:[email protected]

SOURCE Yum China Holdings, Inc.

Related links

http://ir.yumchina.com

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