Our Brands Yum China Holdings, Inc. is the largest restaurant company in China in terms of 2025 system sales. Our growing restaurant network consists of our flagship KFC and Pizza Hut brands, as well as emerging brands such as Lavazza, Huang Ji Huang, Little Sheep and Taco Bell With more than 35 years of operations, we have developed extensive operating experience in the China market. Our vision is to be the world's most innovative pioneer in the restaurant industry. We launched around 600 new and upgraded products in 2025. In addition to expanding our store network, Yum China has also been investing in digitalization and supply chain. As of the end of March 2026, we had over 605 million members. KFCKFC is the leading and the largest quick service restaurant brand in China in terms of 2025 system sales. Since opening its first restaurant in Beijing in 1987, KFC has grown to over 13,000 KFC restaurants in more than 2,600 cities across China by the end of March 2026. In addition to our signature Original Recipe Chicken, whole chicken and other chicken products, KFC in China offers beef burgers, pork, seafood, rice dishes, congees, fresh vegetables, desserts, coffee, tea and many other products. To learn more about KFC in China, please visit www.kfc.com.cnPizza Hut Pizza Hut is the leading and the largest casual dining restaurant brand in China in terms of 2025 system sales and number of restaurants as of December 31, 2025. Since opening its first restaurant in China in Beijing in 1990, Pizza Hut has expanded to over 4,300 restaurants in over 1,100 cities by the end of March 2026. Pizza Hut in China has an extensive menu offering a broad variety of pizzas, steaks, pasta, rice dishes, burgers and other entrees, appetizers, beverages and desserts. To learn more about Pizza Hut in China, please visit www.pizzahut.com.cn LavazzaEstablished in 1895 in Turin, Italy, by Luigi Lavazza, Lavazza is a world-renowned coffee brand. In 2020, Yum China and Lavazza Group formed a joint venture to explore and develop the Lavazza coffee concept in China. The joint venture operates both the coffee shop business and the retail business. Lavazza coffee shops offer a premium and authentic Italian coffee experience. As of the end of March 2026, there were over 150 Lavazza coffee shops in China. To learn more about Lavazza in China, please visit https://www.lavazza.cn/zh_CN.html Taco BellTaco Bell is the world’s leading western QSR brand specializing in Mexican-style food, including tacos, burritos, quesadillas, salads, nachos and similar items. The first Taco Bell restaurant in China opened in Shanghai in December 2016. As of the end of March 2026, Taco Bell has expanded to around 30 units in China. Little SheepLittle Sheep specializes in hot pot. Originally established in Inner Mongolia in 1999, Little Sheep had around 130 units in both China and international markets as of the end of March 2026. Little Sheep primarily operates a franchise model. To learn more about Little Sheep, please visit www.littlesheep.com Huang Ji HuangHuang Ji Huang is a leading Chinese-style simmer pot brand. Founded in 2004, Huang Ji Huang had over 600 restaurants in China and internationally as of the end of March 2026. To learn more about Huang Ji Huang, please visit www.huangjihuang.com