Yum China (YUMC) Proxy filing summary

Executive summary

• Annual Meeting scheduled for May 28, 2026, at the Ritz-Carlton Hong Kong, with proxy materials available online or by request.

• Shareholders are encouraged to review proxy materials and vote electronically or by mail before the meeting.

Voting matters and shareholder proposals

• Election of 12 directors is on the agenda, with nominees listed individually.

• Ratification of KPMG Huazhen LLP and KPMG as independent auditors for 2026 is proposed.

• Advisory vote on executive compensation (say-on-pay) is included.

• Authorization for the board to issue shares up to 20% of outstanding shares is proposed.

• Authorization for the board to repurchase up to 10% of outstanding shares is proposed.

Board of directors and corporate governance

• Board recommends voting in favor of all director nominees and all proposals.

• Proxies are authorized to vote on other business that may arise at the meeting.