YUMC

SEC source: 0001127602-20-031914 · form4.xml · derivative · entry 1

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,823

Underlying: Common Stock · 7 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: 0001127602-20-032075 · form4.xml · derivative · entry 1

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,959

Underlying: Common Stock · 14 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 1/3 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: 0001127602-20-031912 · form4.xml · derivative · entry 2

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,556

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 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: 0001127602-20-031912 · form4.xml · derivative · entry 1

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,807

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 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: 0001127602-20-031922 · form4.xml · derivative · entry 2

Tan Danny · CIK 0001685836 · Chief Supply Chain Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,262

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 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: 0001127602-20-031922 · form4.xml · derivative · entry 1

Tan Danny · CIK 0001685836 · Chief Supply Chain Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,684

Underlying: Common Stock · 20 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: 0001127602-20-031916 · form4.xml · derivative · entry 2

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,385

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 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: 0001127602-20-031916 · form4.xml · derivative · entry 1

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,584

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 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: 0001127602-20-031910 · form4.xml · derivative · entry 3

Huang Johnson · CIK 0001685846 · General Manager, KFC

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,725

Underlying: Common Stock · 22 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 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: 0001127602-20-031910 · form4.xml · derivative · entry 2

Huang Johnson · CIK 0001685846 · General Manager, KFC

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,212

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 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: 0001127602-20-031910 · form4.xml · derivative · entry 1

Huang Johnson · CIK 0001685846 · General Manager, KFC

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,796

Underlying: Common Stock · 43 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 fourth 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: 0001127602-20-031920 · form4.xml · derivative · entry 1

Wat Joey · CIK 0001685864 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,527

Underlying: Common Stock · 160 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 fourth 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: 0001127602-20-031918 · form4.xml · derivative · entry 2

Wang Alice H · CIK 0001686224 · Chief Public Affairs Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,655

Underlying: Common Stock · 7 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: 0001127602-20-031918 · form4.xml · derivative · entry 1

Wang Alice H · CIK 0001686224 · Chief Public Affairs Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,819

Underlying: Common Stock · 7 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: 0001127602-20-031908 · form4.xml · derivative · entry 2

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,874

Underlying: Common Stock · 5 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: 0001127602-20-031908 · form4.xml · derivative · entry 1

Lu Xueling · CIK 0001725927 · Controller and PAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,371

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 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: 0001127602-20-031906 · form4.xml · derivative · entry 1

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,286

Underlying: Common Stock · 33 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 1/3 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: 0000943663-20-000262 · form4.xml · derivative · entry 4

Hu Fred · CIK 0001686100 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,549,214.81

Underlying: Common Stock, par value $0.01 per share · 3,549,214.81 shares

Expires not disclosed

F3 · derivative.exercise_price: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F3 · price: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F3 · derivative.exercise_date: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F3 · derivative.expiration_date: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment") and the warrants are held directly by Pollos Upside L.P. ("Pollos Upside") and the Transaction (as defined below) was entered into by Pollos Upside. The limited partnership interests of both Pollos Investment and Pollos Upside 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.

SEC source: 0000943663-20-000260 · form4.xml · derivative · entry 4

Yang William Wang · CIK 0001713245 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,549,214.81

Underlying: Common Stock, par value $0.01 per share · 3,549,214.81 shares

Expires not disclosed

F3 · derivative.exercise_price: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F3 · price: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F3 · derivative.exercise_date: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F3 · derivative.expiration_date: On November 23, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to its entire interest in Warrant 1 relating to 3,549,214.81 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 3,549,214.81 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $102,792,813 on November 25, 2020.

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment") and the warrants are held directly by Pollos Upside L.P. ("Pollos Upside") and the Transaction (as defined below) was entered into by Pollos Upside. The limited partnership interests of both Pollos Investment and Pollos Upside 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.

SEC source: 0001127602-20-028678 · form4.xml · derivative · entry 4

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,713 shares

Expires 2021-02-04

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: 0001127602-20-028678 · form4.xml · nonDerivative · entry 3

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

SEC source: 0001127602-20-028678 · form4.xml · nonDerivative · entry 2

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 698

SEC source: 0001127602-20-028678 · form4.xml · nonDerivative · entry 1

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,713

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: 0001127602-20-027903 · form4.xml · derivative · entry 3

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,253

Underlying: Common Stock · 8,004 shares

Expires not disclosed

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_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: Vesting occurs 1/3 per year beginning one year from 11/01/2019.

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

SEC source: 0001127602-20-027903 · form4.xml · nonDerivative · entry 2

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,910

SEC source: 0001127602-20-027903 · form4.xml · nonDerivative · entry 1

Yeung Andy · CIK 0001791256 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,004

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: 0000943663-20-000248 · form4.xml · derivative · entry 4

Hu Fred · CIK 0001686100 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,549,214.81

Underlying: Common Stock, par value $0.01 per share · 4,000,000 shares

Expires not disclosed

F3 · derivative.exercise_price: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F3 · price: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F3 · derivative.exercise_date: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F3 · derivative.expiration_date: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment") and the warrants are held directly by Pollos Upside L.P. ("Pollos Upside") and the Transaction (as defined below) was entered into by Pollos Upside. The limited partnership interests of both Pollos Investment and Pollos Upside 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.

SEC source: 0000943663-20-000246 · form4.xml · derivative · entry 4

Yang William Wang · CIK 0001713245 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,549,214.81

Underlying: Common Stock, par value $0.01 per share · 4,000,000 shares

Expires not disclosed

F3 · derivative.exercise_price: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F3 · price: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F3 · derivative.exercise_date: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F3 · derivative.expiration_date: On October 30, 2020, Pollos Upside entered into a pre-paid forward transaction with an unaffiliated bank relating to a portion of Warrant 1 relating to 4,000,000 shares of common stock. On the settlement date, or subject to certain conditions, on demand of the counterparty, Pollos Upside will be obligated to deliver to such unaffiliated bank such interest in Warrant 1, relating to 4,000,000 shares of common stock, unless Pollos Upside elects, in certain cases, for net share settlement to apply. In exchange for assuming this obligation, Pollos Upside will receive an aggregate prepayment amount of $89,124,000 on November 3, 2020.

F1 · ownership.nature: The common stock is held directly by Pollos Investment L.P. ("Pollos Investment") and the warrants are held directly by Pollos Upside L.P. ("Pollos Upside") and the Transaction (as defined below) was entered into by Pollos Upside. The limited partnership interests of both Pollos Investment and Pollos Upside 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.

SEC source: 0001127602-20-024743 · form4.xml · derivative · entry 3

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,945

Underlying: Common Stock · 3,419 shares

Expires not disclosed

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_price: Conversion occurs on a one-for-one basis.

F2 · derivative.exercise_date: Vesting occurs 1/3 per year beginning one year from 9/3/2019.

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

SEC source: 0001127602-20-024743 · form4.xml · nonDerivative · entry 2

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,356

SEC source: 0001127602-20-024743 · form4.xml · nonDerivative · entry 1

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,419

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: 0001127602-20-024672 · form4.xml · derivative · entry 4

Tan Danny · CIK 0001685836 · Chief Supply Chain Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,033 shares

Expires 2021-02-04

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: 0001127602-20-024672 · form4.xml · nonDerivative · entry 3

Tan Danny · CIK 0001685836 · Chief Supply Chain Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,666

SEC source: 0001127602-20-024672 · form4.xml · nonDerivative · entry 2

Tan Danny · CIK 0001685836 · Chief Supply Chain Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,461

F1 · price: This transaction was executed in multiple trades at prices ranging from $58.30 to $58.35. 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: 0001127602-20-024672 · form4.xml · nonDerivative · entry 1

Tan Danny · CIK 0001685836 · Chief Supply Chain Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,699

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: 0001127602-20-018584 · form4.xml · nonDerivative · entry 1

BASSI PETER A · CIK 0001179551 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,588

SEC source: 0001127602-20-018606 · form4.xml · nonDerivative · entry 1

Lu Ruby Rong · CIK 0001688841 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,898

SEC source: 0001127602-20-018613 · form4.xml · nonDerivative · entry 1

Chan Ed Yiu-Cheong · CIK 0001686103 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,876

SEC source: 0001127602-20-018598 · form4.xml · nonDerivative · entry 1

Ettedgui Edouard · CIK 0001686105 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,083

SEC source: 0001127602-20-018610 · form4.xml · nonDerivative · entry 1

Shao Zili · CIK 0001686113 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,980

SEC source: 0001127602-20-018602 · form4.xml · nonDerivative · entry 1

Hsieh Louis · CIK 0001686218 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,669

SEC source: 0001127602-20-018604 · form4.xml · nonDerivative · entry 1

HAN CYRIL · CIK 0001776809 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,386

SEC source: 0001127602-20-018592 · form4.xml · nonDerivative · entry 1

CAMPBELL CHRISTAIN · CIK 0001211693 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,877

SEC source: 0001127602-20-011947 · form4.xml · derivative · entry 2

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,649

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 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: 0001127602-20-011947 · form4.xml · derivative · entry 1

Zhang Leila · CIK 0001804578 · Chief Technology Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,816

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 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: 0001127602-20-011949 · form4.xml · derivative · entry 1

Chan Joseph · CIK 0001778809 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,364

Underlying: Common Stock · 27 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 1/3 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: 0001127602-20-011955 · form4.xml · derivative · entry 2

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,376

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 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: 0001127602-20-011955 · form4.xml · derivative · entry 1

Kuai Jeff · CIK 0001685835 · General Manager, Pizza Hut

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,575

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 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: 0001127602-20-011964 · form4.xml · derivative · entry 2

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,545

Underlying: Common Stock · 14 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: 0001127602-20-011964 · form4.xml · derivative · entry 1

Yuen Aiken · CIK 0001725089 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,795

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 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.