Yum China Named Official Exclusive Provider of Western Meals Catering Solutions for the 19th Asian Video games Hangzhou 2022

SHANGHAI, Feb. 5, 2021 /PRNewswire/ — Yum China Holdings, Inc. (the “Company” or “Yum China”, NYSE: YUMC and HKEX: 9987) declared that it has been named Formal Exclusive Supplier of Western Foods Catering Solutions for the 19th Asian Game titles Hangzhou 2022 (“Hangzhou 2022”). Yum China and the Hangzhou Asian Online games Organising Committee (HAGOC) finalized the arrangement today in the course of an official signing ceremony in Hangzhou.

Hangzhou 2022 is scheduled to run from 10-25 September 2022. As the Official Unique Provider of Western Food items Catering Expert services, Yum China will actively aid promotion and brand developing initiatives for the Online games. KFC China and Pizza Hut China will be on-website at Games competitiveness venues to present Western fashion foodstuff and refreshment for athletes and friends from about the environment. Below the partnership settlement, Yum China will be permitted to use the Asian Games logos, slogans, principles, and concept tracks in its advertising and promotional things to do. This newest arrangement follows the Company’s announcement in July 2020 that it was chosen to be the Official Retail Foods Expert services Sponsor of the Beijing 2022 Olympic Wintertime Game titles.

“We are honored to aid the 19th Asian Online games Hangzhou 2022 as an Formal Exceptional Supplier. Yum China is fully commited to leveraging our on-line and offline community, collectively with our strong provide chain abilities to serve harmless and wholesome food to buyers,” reported Joey Wat, CEO of Yum China. “Additionally, in the spirit of “Heart to Heart, @ Future”, the official slogan of Hangzhou 2022, we seem forward to generating an unforgettable eating working experience for attendees.”

Mao Genhong, Deputy Secretary Typical of the HAGOC and Deputy Secretary Standard of the Hangzhou Municipal People’s Govt, also welcomed the new settlement. “As the recognized leader in the restaurant sector in China, Yum China has remarkable catering capabilities and is hugely skilled in supporting significant sporting functions. We think Yum China will be equipped to convey a lot of worth to Hangzhou 2022 and be certain the provision of superior-quality food and catering solutions in the course of the Games. We are working collectively to present a special and high-high-quality celebration to the audiences.”

Yum China actively leverages its on-line and offline platforms to market balanced lifestyles and well balanced and healthy eating plans to buyers. Considering that 2004, KFC and the China Basketball Association (CBA) have jointly structured the KFC 3×3 Basketball Championship which offers an prospect for young basketball gamers to showcase their skills and observe their goals of actively playing in the major league. On top of that, Pizza Hut supports various global sporting occasions these types of as the 2019 Method A single Chinese Grand Prix, Shanghai Rolex Masters, and the MINI Obstacle Asia Series. By staying included in these significant-profile gatherings, Yum China has amassed wealthy expertise in the marketing of significant sporting occasions. The Business also has a wealth of practical experience delivering catering services at main non-sporting occasions in China this kind of as the G20 Hangzhou Summit, Summer time Davos, and the China International Import Expo (CIIE).

Forward-Searching Statements

This push release is made up of “forward-wanting statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Trade Act of 1934. Ahead-wanting statements usually can be recognized by the actuality that they do not relate strictly to historic or existing information and by the use of ahead-hunting text this sort of as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “will,” “should,” “forecast,” “outlook,” “look forward to” or identical terminology. These statements are dependent on current estimates and assumptions built by us in light of our knowledge and notion of historical developments, present-day problems and anticipated foreseeable future developments, as effectively as other aspects that we imagine are appropriate and fair under the instances, but there can be no assurance that such estimates and assumptions will verify to be accurate. Ahead-hunting statements are not ensures of efficiency and are inherently topic to acknowledged and not known threats and uncertainties that are hard to forecast and could cause our genuine success to vary materially from those indicated by those statements. We are not able to guarantee you that any of our anticipations, estimates or assumptions will be obtained. The forward-looking statements included in this push launch are only produced as of the day of this press release, and we disclaim any obligation to publicly update any forward-hunting statement to replicate subsequent activities or conditions, apart from as essential by law. All forward-wanting statements ought to be evaluated with the being familiar with of their inherent uncertainty. You should really check with our filings with the Securities and Exchange Commission (such as the information set forth under the captions “Risk Factors” and “Management’s Dialogue and Assessment of Economical Situation and Outcomes of Operations ” in our Once-a-year Report on Form 10-K and our Quarterly Experiences on Sort 10-Q) for added depth about things that could impact our economical and other effects.

About Yum China Holdings, Inc.

Yum China Holdings, Inc. is a licensee of Yum! Brand names in mainland China. It has distinctive rights in mainland China to KFC, China’s major rapid-company cafe brand, Pizza Hut, the primary relaxed eating restaurant model in China, and Taco Bell, a California-based restaurant chain serving innovative Mexican-encouraged food. Yum China also owns the Small Sheep, Huang Ji Huang, East Dawning and COFFii & Joy concepts outright. In addition, Yum China has partnered with Lavazza to check out and acquire the Lavazza espresso shop thought in China. The Enterprise experienced 10,506 restaurants in around 1,500 cities at the end of December 2020. Yum China rated # 361 on the Fortune 500 checklist for 2020. Yum China has been named the Business Leader for the Restaurant & Leisure Services Business in the 2020 Dow Jones Sustainability Indices. In 2021, Yum China was named to the Bloomberg Gender-Equality Index and was qualified as a Major Employer 2021 in China by the Top rated Companies Institute, equally for the 3rd consecutive year. For a lot more info, you should check out http://ir.yumchina.com.

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