YUMC

SEC source: 0001127602-23-030242 · form4.xml · derivative · entry 1

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,676

Underlying: Common Stock · 89 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 100% on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030241 · form4.xml · derivative · entry 4

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,639

Underlying: Common Stock · 8 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F6 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030241 · form4.xml · derivative · entry 3

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,436

Underlying: Common Stock · 7 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030241 · form4.xml · derivative · entry 2

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 912

Underlying: Common Stock · 2 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030241 · form4.xml · derivative · entry 1

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,334

Underlying: Common Stock · 44 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 100% on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030239 · form4.xml · derivative · entry 4

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,874

Underlying: Common Stock · 15 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030239 · form4.xml · derivative · entry 3

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,874

Underlying: Common Stock · 15 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030239 · form4.xml · derivative · entry 2

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 914

Underlying: Common Stock · 2 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030239 · form4.xml · derivative · entry 1

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,099

Underlying: Common Stock · 19 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030235 · form4.xml · derivative · entry 3

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,561

Underlying: Common Stock · 33 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030235 · form4.xml · derivative · entry 2

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,488

Underlying: Common Stock · 23 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-030235 · form4.xml · derivative · entry 1

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,371

Underlying: Common Stock · 4 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-028326 · form4.xml · derivative · entry 4

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,534 shares

Expires 2024-02-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: Vested in full.

SEC source: 0001127602-23-028326 · form4.xml · nonDerivative · entry 3

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,515

SEC source: 0001127602-23-028326 · form4.xml · nonDerivative · entry 2

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,081

SEC source: 0001127602-23-028326 · form4.xml · nonDerivative · entry 1

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,871

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-23-028236 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Indirect · Controlled Corporation

Disclosed balance after: 269,144

F1 · price: This transaction was executed on the Hong Kong Stock Exchange on November 23, 2023 (HK Time) at the price of HK$360.8143 per share, which was converted to U.S. dollars using an exchange rate of 7.8. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

SEC source: 0001127602-23-028238 · form4.xml · derivative · entry 4

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,305 shares

Expires 2024-02-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Vested in full.

SEC source: 0001127602-23-028238 · form4.xml · nonDerivative · entry 3

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,778

SEC source: 0001127602-23-028238 · form4.xml · nonDerivative · entry 2

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,108

F1 · price: This transaction was executed in multiple trades at prices ranging from $46.78 to $46.785. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

SEC source: 0001127602-23-028238 · form4.xml · nonDerivative · entry 1

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,083

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-23-027699 · form4.xml · derivative · entry 3

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,076 shares

Expires 2024-02-05

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: Vested in full.

SEC source: 0001127602-23-027699 · form4.xml · nonDerivative · entry 2

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,065

SEC source: 0001127602-23-027699 · form4.xml · nonDerivative · entry 1

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,353

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001127602-23-024492 · form4.xml · derivative · entry 3

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,668

Underlying: Common Stock · 12 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024492 · form4.xml · derivative · entry 2

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,239

Underlying: Common Stock · 7 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024492 · form4.xml · derivative · entry 1

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,975

Underlying: Common Stock · 4 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024506 · form4.xml · derivative · entry 3

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,719

Underlying: Common Stock · 22 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024506 · form4.xml · derivative · entry 2

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,647

Underlying: Common Stock · 8 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024506 · form4.xml · derivative · entry 1

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,798

Underlying: Common Stock · 60 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 100% on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024502 · form4.xml · derivative · entry 3

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,099

Underlying: Common Stock · 18 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024502 · form4.xml · derivative · entry 2

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,280

Underlying: Common Stock · 5 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024502 · form4.xml · derivative · entry 1

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,619

Underlying: Common Stock · 3 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024496 · form4.xml · derivative · entry 2

Huang Johnson · CIK 0001685846 · Chief Customer Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,099

Underlying: Common Stock · 18 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024496 · form4.xml · derivative · entry 1

Huang Johnson · CIK 0001685846 · Chief Customer Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,043

Underlying: Common Stock · 9 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024504 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 80,995

Underlying: Common Stock · 183 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024504 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,764

Underlying: Common Stock · 44 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024504 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,668

Underlying: Common Stock · 101 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 100% on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024508 · form4.xml · derivative · entry 3

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,248

Underlying: Common Stock · 45 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024508 · form4.xml · derivative · entry 2

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,801

Underlying: Common Stock · 10 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024508 · form4.xml · derivative · entry 1

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,587

Underlying: Common Stock · 64 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 100% on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024500 · form4.xml · derivative · entry 3

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,528

Underlying: Common Stock · 23 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024500 · form4.xml · derivative · entry 2

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,465

Underlying: Common Stock · 16 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024500 · form4.xml · derivative · entry 1

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,367

Underlying: Common Stock · 3 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024498 · form4.xml · derivative · entry 4

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,429

Underlying: Common Stock · 5 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F6 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024498 · form4.xml · derivative · entry 3

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,631

Underlying: Common Stock · 5 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024498 · form4.xml · derivative · entry 2

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 910

Underlying: Common Stock · 2 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F4 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/4 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024498 · form4.xml · derivative · entry 1

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,290

Underlying: Common Stock · 32 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 100% on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024494 · form4.xml · derivative · entry 4

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,859

Underlying: Common Stock · 11 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F5 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 1/3 per year beginning one year from the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest

F3 · derivative.expiration_date: This grant does not have an expiration date.

SEC source: 0001127602-23-024494 · form4.xml · derivative · entry 3

HUANG Duoduo (Howard) · CIK 0001968156 · Chief Supply Chain Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,859

Underlying: Common Stock · 11 shares

Expires not disclosed

F1 · derivative.exercise_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: These units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest 50% on the second anniversary of the grant date and the remaining 50% will vest on the third anniversary of the grant date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

F3 · derivative.expiration_date: This grant does not have an expiration date.