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Press release June 16, 2026

Yum China to Acquire Ownership of the Pizza Hut Brand in Mainland China

Yum China Holdings, Inc. (YUMC)

SHANGHAI, June 16, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or " Yum China ") (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum! Brands, Inc. (" Yum! Brands ") (NYSE: YUM) to acquire ownership of the Pizza Hut brand in Mainland
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