Analyst Coverage

Firm Analyst
Bank of America Merrill Lynch
Chen Luo
Bernstein
Sara H. Senatore
BOCI
Jack Chen
CICC
Sijie Lin
Citi
Xiaopo Wei
Daiwa
Anson Chan/Adrian Chan
DBS
Alison Fok
Goldman Sachs
Michelle Cheng
J.P. Morgan
Kevin Yin
Macquarie
Linda Huang
Morgan Stanley
Lillian Lou
Morningstar
R. J. Hottovy
Nomura
Sandy Shao
Oppenheimer
Brian Bittner
UBS
Christine Peng

Yum China Holdings, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Yum China Holdings, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Yum China Holdings, Inc. or its management. Yum China Holdings, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.