Yum China Holdings, Inc. Contracts & Agreements

Transition and Advisor Agreement, dated December 13, 2023, by and between Yum China Holdings, Inc. and Johnson Huang (Filed With SEC on December 15, 2023)

Transition and Advisor Agreement, dated December 13, 2023, by and between Yum China Holdings, Inc. and Joseph Chan (Filed With SEC on December 15, 2023)

Transition Agreement, dated July 13, 2023, by and between Yum China Holdings, Inc. and Aiken Yuen (Filed With SEC on July 17, 2023)

Yum China Holdings, Inc. 2022 Long Term Incentive Plan (Filed With SEC on October 12, 2022)

Amendment No. 1 to Master License Agreement, dated as of April 15, 2022, by and between YRI China Franchising LLC and Yum Restaurants Consulting (Shanghai) Company Limited (Filed With SEC on May 6, 2022)

Description of Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934 (Filed With SEC on February 28, 2022)

Y&L Coffee Limited Long Term Incentive Plan I (Filed With SEC on February 11, 2022)

Form of Performance Share Agreement (for U.S. Tax Payers) (Filed With SEC on February 11, 2022)

Form of Performance Share Agreement (for Non-U.S. Tax Payers) (Filed With SEC on February 11, 2022)

Senior Advisor Service Contract, dated July 15, 2021, by and between Yum China Holdings, Inc. and Christian L. Campbell (Filed With SEC on November 8, 2021)

Form of Replacement Warrant issued to API (Hong Kong) Investment Limited (Filed With SEC on February 26, 2021)

Confirmatory License Agreement, dated January 1, 2020, by and between by and between Yum Restaurants Consulting (Shanghai) Company Limited and YRI China Franchising LLC (Filed With SEC on February 26, 2021)

Hong Kong Underwriting Agreement, dated August 31, 2020, among Yum China Holdings, Inc. and the Hong Kong Underwriters (Filed With SEC on September 8, 2020)

International Underwriting Agreement, dated September 4, 2020, among Yum China Holdings, Inc. and the International Underwriters (Filed With SEC on September 8, 2020)

Form of Yum China Holdings, Inc. Long Term Incentive Plan Performance Share Units Agreement (Annual PSU Grants) (Filed With SEC on May 8, 2020)

Form of Yum China Holdings, Inc. Long Term Incentive Plan Performance Share Units Agreement (Partner PSU Awards) (Filed With SEC on May 8, 2020)

Form of Yum China Holdings, Inc. Long Term Incentive Plan Restricted Stock Units Agreement (Filed With SEC on May 8, 2020)

Form of Yum China Holdings, Inc. Stock Appreciation Rights Agreement (Filed With SEC on May 8, 2020)

Form of Replacement Warrant issued to Pollos Upside L.P. (as transferee of Warrant No. 2 issued to Pollos Investment L.P. on January 9, 2017) (Filed With SEC on February 27, 2020)

Description of Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934 (Filed With SEC on February 27, 2020)

Yum China Holdings, Inc. Change in Control Severance Plan (Filed With SEC on October 2, 2019)

Post-Termination Agreement, effective October 16, 2019, by and between Yum China Holdings, Inc. and Jacky Lo (Filed With SEC on September 6, 2019)

Employment Letter, effective September 16, 2019, by and between Yum China Holdings, Inc. and Andy Yeung (Filed With SEC on September 6, 2019)

Term Employment Agreement, dated March 22, 2019, by and between Yum China Holdings, Inc. and Shella Ng (Filed With SEC on March 22, 2019)

Yum China Holdings, Inc. Performance Share Unit Plan (Filed With SEC on May 4, 2018)

Performance Share Unit Award Notice issued by Yum China Holdings, Inc. to Joey Wat, dated as of March 2, 2018 (Filed With SEC on May 4, 2018)

Transition Agreement, dated as of September 29, 2017, by and between Yum China Holdings, Inc. and Micky Pant (Filed With SEC on October 5, 2017)

Letter of Understanding, dated as of September 29, 2017, by and between Yum China Holdings, Inc. and Joey Wat (Filed With SEC on October 5, 2017)

Letter of Understanding, dated as of August 28, 2017, by and between Yum China Holdings, Inc. and Jacky Lo (Filed With SEC on August 28, 2017)

[Remainder of this page intentionally left blank] (Filed With SEC on March 8, 2017)

Page 1 of 4 (Filed With SEC on March 8, 2017)

Strictly Private & Confidential (Filed With SEC on March 8, 2017)

WARRANT No. 1 topurchase 7,309,057 Shares of Common Stock YUM CHINA HOLDINGS, INC. a Delaware Corporation (Filed With SEC on January 9, 2017)

WARRANT No. 2 topurchase 7,309,057 Shares of Common Stock YUM CHINA HOLDINGS, INC. a Delaware Corporation (Filed With SEC on January 9, 2017)

WARRANT No. 1 topurchase 891,348 Shares of Common Stock YUM CHINA HOLDINGS, INC. a Delaware Corporation (Filed With SEC on January 9, 2017)

WARRANT No. 2 topurchase 891,348 Shares of Common Stock YUM CHINA HOLDINGS, INC. a Delaware Corporation (Filed With SEC on January 9, 2017)

TAX MATTERS AGREEMENT BY AND AMONG YUM! BRANDS, INC., YUM CHINA HOLDINGS, INC. AND YUM RESTAURANTS CONSULTING (SHANGHAI) COMPANY LIMITED DATED AS OF OCTOBER 31, 2016 (Filed With SEC on November 1, 2016)

EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN YUM! BRANDS, INC. AND YUM CHINA HOLDINGS, INC. DATED AS OF OCTOBER 31, 2016 (Filed With SEC on November 1, 2016)

TRANSITION SERVICES AGREEMENT BY AND BETWEEN YUM! BRANDS, INC. AND YUM CHINA HOLDINGS, INC. DATED AS OF OCTOBER 31, 2016 (Filed With SEC on November 1, 2016)

NAME LICENSE AGREEMENT (Filed With SEC on November 1, 2016)

GUARANTY FOR MLA (Filed With SEC on November 1, 2016)

YUM CHINA HOLDINGS, INC. SHAREHOLDERS AGREEMENT Dated as of November 1, 2016 (Filed With SEC on November 1, 2016)

INDEMNIFICATION AGREEMENT (Filed With SEC on November 1, 2016)

Micky Pant (Filed With SEC on November 1, 2016)

SEPARATION AND DISTRIBUTION AGREEMENT BY AND BETWEEN YUM! BRANDS, INC., YUM RESTAURANTS CONSULTING (SHANGHAI) COMPANY LIMITED AND YUM CHINA HOLDINGS, INC. DATED AS OF OCTOBER 31,... (Filed With SEC on November 1, 2016)

MASTER LICENSE AGREEMENT Dated October 31, 2016 Between YUM! RESTAURANTS ASIA PTE. LTD. And YUM RESTAURANTS CONSULTING (SHANGHAI) COMPANY LIMITED (Filed With SEC on November 1, 2016)

LETTER OF UNDERSTANDING (Filed With SEC on October 6, 2016)

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Yum China Holdings, Inc. Contracts & Agreements