Completion of Acquisition or Disposition of Assets. The information set forth in

Entry into a Material Definitive Agreement. Amended and Restated KFC/TB Master License Agreement As previously disclosed, on June 16, 2026, Yum China Holdings, Inc., a Delaware corporation (the “Company” or “Yum China”) and Yum! Brands, Inc., a North Carolina corporation (“Yum! Brands”), entered into the Membership Interest Purchase Agreement (the “Purchase Agreement”), pursuant to which Yum China agreed to purchase, and Yum! Brands agreed to cause its indirect wholly owned subsidiary, Yum! I…

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in

Entry into a Material Definitive Agreement. On July 31, 2026, Yum China Holdings, Inc. (the “Company”) entered into a Bridge Credit Agreement (the “Credit Agreement”) with HSBC Bank USA, National Association and Citibank N.A., Hong Kong Branch, as lenders, and HSBC Bank USA, National Association, as administrative agent. The Credit Agreement provides for a senior unsecured term loan facility with aggregate commitments of CNH8,400,000,000, under which the Company may borrow up to that amount i…

Results of Operations and Financial Condition. On July 30, 2026, Yum China Holdings, Inc. (the “Company”) issued a press release announcing its unaudited results for the second quarter ended June 30, 2026. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Entry into a Material Definitive Agreement. The Purchase Agreement On June 16, 2026, Yum China Holdings, Inc., a Delaware corporation (the “Company” or “Yum China”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Yum! Brands, Inc., a North Carolina corporation (“Yum! Brands”). Yum! Brands and its affiliates are parties to existing master license and related arrangements with Yum China and its affiliates relating to the KFC, Taco Bell and Pizza Hut brands…

Results of Operations and Financial Condition. On April 29, 2026, Yum China Holdings, Inc. (the “Company”) issued a press release announcing its unaudited results for the first quarter ended March 31, 2026. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Results of Operations and Financial Condition. On February 4, 2026, Yum China Holdings, Inc. (the “Company”) issued a press release announcing its unaudited results for the full year and fourth quarter ended December 31, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Director — Robert B. Aiken: Mr. Aiken decided not to stand for re-election due to considerations regarding his future professional commitments.

Regulation FD Disclosure. On December 12, 2025, Yum China Holdings, Inc. issued a press release announcing the expansion of share repurchase authorization by US$1 billion and a press release announcing approximately US$460 million share repurchase agreements for the first half of 2026. Copies of the press releases are being furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K.

Results of Operations and Financial Condition. On November 4, 2025, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the third quarter ended September 30, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Director and Committee Member — Mr. Zhe (David) Wei: Appointment of Mr. Zhe (David) Wei to the Food Safety and Sustainability Committee.

Regulation FD Disclosure. On September 3, 2025, Yum China Holdings, Inc. issued a press release announcing the plan for approximately US$270 million additional share repurchases for 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Director — Mr. Zhe (David) Wei: The Board expanded its size and appointed Mr. Zhe (David) Wei as a new director.

Results of Operations and Financial Condition. On August 5, 2025, Yum China Holdings, Inc. (the “Company”) issued a press release announcing its unaudited results for the second quarter ended June 30, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Results of Operations and Financial Condition. On April 30, 2025, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the first quarter ended March 31, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Chief Financial Officer — Adrian Ding: Adrian Ding was promoted to Chief Financial Officer from Acting Chief Financial Officer and Chief Investment Officer.

Results of Operations and Financial Condition. On February 6, 2025, Yum China Holdings, Inc. (the “Company”) issued a press release announcing its unaudited results for the full year and fourth quarter ended December 31, 2024. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Results of Operations and Financial Condition. On November 4, 2024, Yum China Holdings, Inc. (the “Company”) issued a press release announcing its unaudited results for the third quarter ended September 30, 2024. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Director and Committee Member — Mikel A. Durham: Ms. Durham was appointed to the Audit Committee and Compensation Committee of the Board.

Chief Financial Officer — Mr. Andy Yeung: Mr. Andy Yeung is resigning as Chief Financial Officer with a named successor and transition agreement.

Results of Operations and Financial Condition. On August 5, 2024, Yum China Holdings, Inc. (the “Company”) issued a press release announcing its unaudited results for the second quarter ended June 30, 2024. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Results of Operations and Financial Condition. On April 29, 2024, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the first quarter ended March 31, 2024. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Results of Operations and Financial Condition. On February 6, 2024, Yum China Holdings, Inc. issued a press release announcing its unaudited results for the full year and fourth quarter ended December 31, 2023. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Chief Customer Officer — Mr. Johnson Huang: Mr. Johnson Huang is retiring and Ms. Maggie Chen has been appointed as the new Chief Customer Officer.