YUMC

SEC source: 0001127602-23-015485 · form4.xml · nonDerivative · entry 11

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 316,517

SEC source: 0001127602-23-015485 · form4.xml · nonDerivative · entry 10

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 317,926

F1 · price: This transaction was executed in multiple trades at prices ranging from $61.90 to $62.04. 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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 9

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 335,953

F1 · price: This transaction was executed in multiple trades at prices ranging from $61.90 to $62.04. 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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 8

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 363,508

F1 · price: This transaction was executed in multiple trades at prices ranging from $61.90 to $62.04. 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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 7

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 390,767

F1 · price: This transaction was executed in multiple trades at prices ranging from $61.90 to $62.04. 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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 6

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 410,601

F1 · price: This transaction was executed in multiple trades at prices ranging from $61.90 to $62.04. 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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 5

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 413,097

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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 381,520

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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 332,674

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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 291,358

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: 0001127602-23-015485 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 259,049

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: 0001127602-23-015337 · form4.xml · derivative · entry 4

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,905

Underlying: Common Stock · 4,379 shares

Expires 2025-02-06

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: 0001127602-23-015337 · form4.xml · nonDerivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 255,144

SEC source: 0001127602-23-015337 · form4.xml · nonDerivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 256,723

F1 · price: This transaction was executed in multiple trades at prices ranging from $61.90 to $62.02. 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: 0001127602-23-015337 · form4.xml · nonDerivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 259,523

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: 0001127602-23-015163 · form4.xml · nonDerivative · entry 1

BASSI PETER A · CIK 0001179551 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Trust

Disclosed balance after: 46,264

F1 · shares: These shares were acquired by the reporting person prior to his appointment as a director of the Issuer in 2016.

F2 · price: This transaction was executed in multiple trades at prices ranging from $60.95 to $61.09. 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: 0000894579-23-000155 · form4.xml · nonDerivative · entry 1

Hu Fred · CIK 0001686100 · Director

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 13,035,635

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment"). The limited partnership interests of Pollos Investment are ultimately owned by a private fund ("Fund") for which an affiliate of the Reporting Person is special limited partner ("Special Limited Partner") and has a contingent right to receive a performance fee. The Reporting Person is a shareholder of the parent company of the general partner of the Special Limited Partner (the "Parent Company") and may be deemed to have pecuniary interest through his indirect entitlement to receive a share of any Fund performance fee. At the request of an ultimate withdrawing limited partner who is not affiliated with the Reporting Person, Pollos Investment sold 1,136,016 shares of common stock of YUM China Holdings, Inc. (the "Transaction") and the proceeds of such sale, after costs and repayment of certain liabilities of Pollos Investment, were distributed to such withdrawing limited partner.

F2 · ownership.nature: The Reporting Person disclaims beneficial ownership of the securities and derivative instruments held directly by Pollos Investment, including in the shares sold in the Transaction, except to the extent of his pecuniary interest, if any, in such securities or instruments as a result of his interest in the Parent Company, and inclusion in this form shall not otherwise be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

SEC source: 0000894579-23-000157 · form4.xml · nonDerivative · entry 1

Yang William Wang · CIK 0001713245 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 13,035,635

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment"). The limited partnership interests of Pollos Investment are ultimately owned by a private fund ("Fund") for which an affiliate of the Reporting Person is special limited partner ("Special Limited Partner") and has a contingent right to receive a performance fee. The Reporting Person is a shareholder of the parent company of the general partner of the Special Limited Partner (the "Parent Company") and may be deemed to have pecuniary interest through his indirect entitlement to receive a share of any Fund performance fee. At the request of an ultimate withdrawing limited partner who is not affiliated with the Reporting Person, Pollos Investment sold 1,136,016 shares of common stock of YUM China Holdings, Inc. (the "Transaction") and the proceeds of such sale, after costs and repayment of certain liabilities of Pollos Investment, were distributed to such withdrawing limited partner.

F2 · ownership.nature: The Reporting Person disclaims beneficial ownership of the securities and derivative instruments held directly by Pollos Investment, including in the shares sold in the Transaction, except to the extent of his pecuniary interest, if any, in such securities or instruments as a result of his interest in the Parent Company, and inclusion in this form shall not otherwise be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

SEC source: 0000894579-23-000163 · form4.xml · nonDerivative · entry 1

Hu Fred · CIK 0001686100 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 12,035,635

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment"). The limited partnership interests of Pollos Investment are ultimately owned by a private fund ("Fund") for which an affiliate of the Reporting Person is special limited partner ("Special Limited Partner") and has a contingent right to receive a performance fee. The Reporting Person is a shareholder of the parent company of the general partner of the Special Limited Partner (the "Parent Company") and may be deemed to have pecuniary interest through his indirect entitlement to receive a share of any Fund performance fee. At the request of an ultimate withdrawing limited partner who is not affiliated with the Reporting Person, Pollos Investment sold 1,136,016 shares of common stock of YUM China Holdings, Inc. (the "Transaction") and the proceeds of such sale, after costs and repayment of certain liabilities of Pollos Investment, were distributed to such withdrawing limited partner.

F2 · ownership.nature: The Reporting Person disclaims beneficial ownership of the securities and derivative instruments held directly by Pollos Investment, including in the shares sold in the Transaction, except to the extent of his pecuniary interest, if any, in such securities or instruments as a result of his interest in the Parent Company, and inclusion in this form shall not otherwise be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.New Footnote

SEC source: 0000894579-23-000161 · form4.xml · nonDerivative · entry 1

Yang William Wang · CIK 0001713245 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 12,035,635

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment"). The limited partnership interests of Pollos Investment are ultimately owned by a private fund ("Fund") for which an affiliate of the Reporting Person is special limited partner ("Special Limited Partner") and has a contingent right to receive a performance fee. The Reporting Person is a shareholder of the parent company of the general partner of the Special Limited Partner (the "Parent Company") and may be deemed to have pecuniary interest through his indirect entitlement to receive a share of any Fund performance fee. At the request of an ultimate withdrawing limited partner who is not affiliated with the Reporting Person, Pollos Investment sold 1,136,016 shares of common stock of YUM China Holdings, Inc. (the "Transaction") and the proceeds of such sale, after costs and repayment of certain liabilities of Pollos Investment, were distributed to such withdrawing limited partner.

F2 · ownership.nature: The Reporting Person disclaims beneficial ownership of the securities and derivative instruments held directly by Pollos Investment, including in the shares sold in the Transaction, except to the extent of his pecuniary interest, if any, in such securities or instruments as a result of his interest in the Parent Company, and inclusion in this form shall not otherwise be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

SEC source: 0000894579-23-000185 · form4.xml · nonDerivative · entry 1

Hu Fred · CIK 0001686100 · Director

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 12,035,635

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment"). The limited partnership interests of Pollos Investment are ultimately owned by a private fund ("Fund") for which an affiliate of the Reporting Person is special limited partner ("Special Limited Partner") and has a contingent right to receive a performance fee. The Reporting Person is a shareholder of the parent company of the general partner of the Special Limited Partner (the "Parent Company") and may be deemed to have pecuniary interest through his indirect entitlement to receive a share of any Fund performance fee. At the request of an ultimate withdrawing limited partner who is not affiliated with the Reporting Person, Pollos Investment sold 1,136,016 shares of common stock of YUM China Holdings, Inc. (the "Transaction") and the proceeds of such sale, after costs and repayment of certain liabilities of Pollos Investment, were distributed to such withdrawing limited partner.

F2 · ownership.nature: The Reporting Person disclaims beneficial ownership of the securities and derivative instruments held directly by Pollos Investment, including in the shares sold in the Transaction, except to the extent of his pecuniary interest, if any, in such securities or instruments as a result of his interest in the Parent Company, and inclusion in this form shall not otherwise be deemed an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.New Footnote

SEC source: 0001127602-23-011619 · form4.xml · derivative · entry 3

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,644

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: 0001127602-23-011619 · form4.xml · derivative · entry 2

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,225

Underlying: Common Stock · 6 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: 0001127602-23-011619 · form4.xml · derivative · entry 1

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,967

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: 0001127602-23-011611 · form4.xml · derivative · entry 3

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,676

Underlying: Common Stock · 20 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: 0001127602-23-011611 · form4.xml · derivative · entry 2

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,631

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 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: 0001127602-23-011611 · form4.xml · derivative · entry 1

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,679

Underlying: Common Stock · 55 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: 0001127602-23-011623 · form4.xml · derivative · entry 2

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,047

Underlying: Common Stock · 12 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: 0001127602-23-011623 · form4.xml · derivative · entry 1

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,270

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: 0001127602-23-011615 · form4.xml · derivative · entry 3

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,063

Underlying: Common Stock · 16 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: 0001127602-23-011615 · form4.xml · derivative · entry 2

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,613

Underlying: Common Stock · 3 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: 0001127602-23-011615 · form4.xml · derivative · entry 1

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,270

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: 0001127602-23-011625 · form4.xml · derivative · entry 2

Huang Johnson · CIK 0001685846 · Chief Customer Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,063

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 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: 0001127602-23-011625 · form4.xml · derivative · entry 1

Huang Johnson · CIK 0001685846 · Chief Customer Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,025

Underlying: Common Stock · 8 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: 0001127602-23-011613 · form4.xml · derivative · entry 3

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 80,632

Underlying: Common Stock · 168 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: 0001127602-23-011613 · form4.xml · derivative · entry 2

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,676

Underlying: Common Stock · 41 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: 0001127602-23-011613 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,468

Underlying: Common Stock · 92 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: 0001127602-23-011629 · form4.xml · derivative · entry 3

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,158

Underlying: Common Stock · 42 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: 0001127602-23-011629 · form4.xml · derivative · entry 2

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,781

Underlying: Common Stock · 9 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: 0001127602-23-011629 · form4.xml · derivative · entry 1

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,460

Underlying: Common Stock · 59 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: 0001127602-23-011621 · 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: 4,838

Underlying: Common Stock · 10 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: 0001127602-23-011621 · 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: 4,838

Underlying: Common Stock · 10 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: 0001127602-23-011621 · 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: 908

Underlying: Common Stock · 1 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: 0001127602-23-011621 · 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: 6,054

Underlying: Common Stock · 12 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: 0001127602-23-011627 · form4.xml · derivative · entry 4

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,621

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 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: 0001127602-23-011627 · form4.xml · derivative · entry 3

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,419

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 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: 0001127602-23-011627 · form4.xml · derivative · entry 2

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 906

Underlying: Common Stock · 1 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: 0001127602-23-011627 · form4.xml · derivative · entry 1

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,227

Underlying: Common Stock · 29 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: 0001127602-23-011617 · form4.xml · derivative · entry 3

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,482

Underlying: Common Stock · 21 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: 0001127602-23-011617 · form4.xml · derivative · entry 2

Wang Warton · CIK 0001926703 · General Manager, KFC

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,433

Underlying: Common Stock · 15 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.