Wednesday, June 29 2022

As the largest catering company in China, yum china is committed to leveraging its scale and expertise to support communities in Shanghai and across the country. On 1st Maystto honor International Labor Day, yum china provided, from its limited supply, hundreds of free meals, including fried chicken, pizza, sandwiches and coffee to medical workers at four makeshift hospitals in Shanghai. Additionally, as a token of appreciation for their selfless service, the company has prepared more than 30,000 care kits to distribute to medical workers nationwide when they return home after Shanghai. Packages include ready meals such as fried rice, steak and beef patty from KFC and packaged food selections from Pizza Hut.

“As we face unprecedented challenges since the most severe outbreak since the start of 2020, we are extremely grateful for the tireless efforts of medical staff and volunteers during this difficult time. We hope that our convenient and delicious food can bring them extra comfort. mentioned Joey WatCEO of yum china. “In addition to supporting medical workers, yum china volunteers come together across brands and functions to continue serving communities in need. Their tremendous efforts embody our mission to serve the communities in which we operate.”

yum china was one of the first essential service providers authorized to serve communities during the last outbreak in Shanghai. The Company’s brands provide food and drink to medical workers and volunteers. Notably, despite limited capacity in food services, since early April KFC has provided more than 3,000 breakfasts each day to frontline medical workers and Lavazza has also provided coffee and sandwiches to frontline medical workers. Meanwhile, as part of yum china In support of the community, the Company worked with charitable foundations and NGOs to provide 7,000 elderly people living alone with enough cooked meals for several days. KFC has also donated children’s books to quarantine centers.

“On the occasion of International Labor Day, we would like to express our deep appreciation and gratitude to all the medical workers from several regions of China who support Shanghai in these difficult times,” said Alice Wangdirector of public affairs yum china, who oversaw the event. “We are humbled by their sacrifices, dedication and tireless efforts throughout the pandemic. We hope they and their families can enjoy these packages together when they return home.”

Since entering China 35 years ago, yum china actively fulfills its corporate social responsibilities, including serving and supporting communities. Since COVID-19 first emerged in early 2020, yum china employee volunteers have been active in supporting communities, providing more than one million free meals to communities across the country.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend that all forward-looking statements be covered by the provisions exemption from the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking terms such as “expect to”, “expect”, “believe”, “anticipate”, “may”, “could”, “intend”, “believe”, “aim”, “plan”, “estimate”, “target”, “predict”, “project”, “ambition”, “probable”, “will”, “continue”, “should”, “anticipate”, “outlook”, “look forward to” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, and other factors we believe to be appropriate and reasonable. in the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by such statements. We cannot assure you that our expectations, estimates or assumptions will be realized. The forward-looking statements included in this press release speak only as of the date of this press release, and we undertake no obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances, except as required by law. required. All forward-looking statements should be evaluated taking into account their inherent uncertainty. You should review our filings with the Securities and Exchange Commission (including information set forth under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K) for more information. details of factors that could affect our financial and other results.

About Yum China Holdings, Inc.

Yum China Holdings, Inc. is a licensee of Yum! brands in mainland China. It has exclusive rights in mainland China to KFC, China’s leading quick-service restaurant brand, Pizza Hut, China’s leading casual dining brand. Chinaand Taco Bell, a California-restaurant chain serving innovative Mexican-inspired cuisine. yum china also owns the Petit Mouton, Huang Ji Huang, East Dawning and the COFFii & JOY concepts. Besides, yum china has partnered with Lavazza to explore and develop the Lavazza coffee concept by China. The Company had 12,163 restaurants in more than 1,600 cities at the end of February 2022.

In 2021, yum china ranked #363 on the Fortune 500 list and was named to the TIME100 list of most influential companies. yum china was also selected as a member of the two Dow Jones Sustainability Indices (DJSI): World Index and Emerging Market Index. In 2022, the company was named to the Bloomberg Gender-Equality Index and was certified Top Employer 2022 in China by the Top Employers Institute, both for the fourth consecutive year. For more information, please visit http://ir.yumchina.com.

SOURCEYum China Holdings, Inc.

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