Yum China trims share count to 351.54 million; acquires additional 79,438 shares under ongoing buy-back mandate

Bulletin Express03-29

Yum China Holdings, Inc. (Yum China) disclosed a net reduction of 59,678 ordinary shares on 27 March 2026, bringing its outstanding share capital to 351.54 million shares. The decrease reflects the cancellation of 59,805 shares repurchased on 26 March in the U.S., partially offset by the issuance of 127 new shares for employee incentive plans.

Between 13 and 27 March, the company repurchased 265,838 shares that are awaiting cancellation. The latest transactions on 27 March include:

• 59,988 shares bought on the New York Stock Exchange at prices ranging from USD 49.51 to USD 50.44, for a total outlay of USD 2.99 million. • 19,450 shares acquired on the Hong Kong Stock Exchange at HKD 392.40–399.80, costing HKD 7.72 million.

These purchases form part of Yum China’s share-repurchase mandate approved on 23 May 2025, which authorises buy-backs of up to 37.24 million shares. To date, 22.63 million shares—equivalent to 6.08 % of the company’s shares outstanding at the mandate date—have been repurchased under this authorisation.

The repurchases were executed by independent brokers in accordance with Rule 10b5-1 in the U.S. and a Hong Kong automatic share repurchase agreement. All transactions complied with the listing rules of the respective exchanges.

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