Yum China to Report Fourth Quarter and Fiscal Year 2021 Financial Results

SHANGHAI,Dec. 16,2021 -- Yum China Holdings,Inc. (NYSE: YUMC and HKEX: 9987,"Yum China" or the "Company")today announced that it will report its unaudited financial results for the fourthquarter and fiscal year ending December 31,2021at 4:30 p.m. U.S. Eastern Time on Tuesday,February 8,2022 (5:30a.m. Beijing/Hong Kong Time on Wednesday,February 9,2022).

Yum China's management will hold an earnings conference call at 7:00p.m. U.S. Eastern Time on Tuesday,2022 (8:00 a.m. Beijing/Hong Kong Time onWednesday,2022).

A live webcast of the call may be accessed athttps://edge.media-server.com/mmc/p/vs49ywki.

To join by phone,please register in advance of the conference through the link provided below. Upon registering,you will be provided with participant dial-in numbers,a passcode and a unique registrant ID.

Pre-registration Link: http://apac.directeventreg.com/registration/event/1696142

Conference ID: 1696142

A replay of the conference call will be available two hours after the call ends until 8:00a.m. U.S. Eastern Time on Wednesday,February 16,2022 (9:00p.m. Beijing/Hong Kong Time onWednesday,2022) and may be accessed by phone at the following numbers:

U.S.: 1 855 452 5696

Mainland China: 400 602 2065 or 800 870 0206

Hong Kong: +852 3051 2780

U.K.: 0808 234 0072

International: +61 2 8199 0299

Replay access code:1696142

Additionally,earnings release,accompanying slides,a live webcast and an archived webcast of this conference call will be available at the Company's Investor Relations website http://ir.yumchina.com.

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,the leading casual dining restaurant brand in China,and Taco Bell,a California-based restaurant chain serving innovative Mexican-inspired food. Yum China also owns the Little Sheep,Huang Ji Huang,East Dawning and COFFii & JOY concepts outright. In addition,Yum China has partnered with Lavazza to explore and develop the Lavazza coffee shop concept in China. The Company had 11,415 restaurants in over 1,600 cities at the end of September 2021.

In 2021,Yum China ranked # 363 on the Fortune 500 list and was named to TIME100 Most Influential Companies list. The Company was also named to the Bloomberg Gender-Equality Index and was certified as a Top Employer 2021 in China by the Top Employers Institute,both for the third consecutive year. In addition,Yum China has been selected as member of both Dow Jones Sustainability Indices (DJSI): World Index and Emerging Market Index. For more information,please visit http://ir.yumchina.com.

Investor Relations Contact

Tel: +86 21 2407 7556 / +852 2267 5801

E-mail: IR@yumchina.com

Media Contact

Tel: +86 21 2407 7510

E-mail: Media@yumchina.com

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