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Compiled from SEC Form N-PX filings and YUM CHINA HOLDINGS INC.’s Form 8-K, filed May 23, 2024 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of May 23, 2024: 15 items on YUM CHINA HOLDINGS INC.’s Form 8-K, filed May 23, 2024: 15 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore YUM CHINA HOLDINGS INC. in the interactive database Compare manager voting policies
These tallies are YUM CHINA HOLDINGS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 23, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Fred Hu | 282,732,654 | 6,763,213 | 473,696 | -- | 35,274,358 | 98% | Not verified | — |
| Elect Director: Joey Wat | 288,990,043 | 510,515 | 469,005 | -- | 35,274,358 | 99.8% | Not verified | — |
| Elect Director: Robert B. Aiken | 289,075,608 | 422,918 | 471,037 | -- | 35,274,358 | 99.8% | Not verified | — |
| Elect Director: Peter A. Bassi | 288,793,049 | 701,560 | 474,954 | -- | 35,274,358 | 99.7% | Not verified | — |
| Elect Director: Edouard Ettedgui | 287,679,266 | 1,809,409 | 480,888 | -- | 35,274,358 | 99.3% | Not verified | — |
| Elect Director: David Hoffmann | 289,080,502 | 413,070 | 475,991 | -- | 35,274,358 | 99.8% | Not verified | — |
| Elect Director: Ruby Lu | 283,903,133 | 5,598,695 | 467,735 | -- | 35,274,358 | 98% | Not verified | — |
| Elect Director: Zili Shao | 288,907,349 | 574,207 | 488,007 | -- | 35,274,358 | 99.8% | Not verified | — |
| Elect Director: William Wang | 288,174,097 | 1,306,284 | 489,182 | -- | 35,274,358 | 99.5% | Not verified | — |
| Elect Director: Min (Jenny) Zhang | 287,718,535 | 1,778,337 | 472,691 | -- | 35,274,358 | 99.3% | Not verified | — |
| Elect Director: Christina Xiaojing Zhu | 288,227,962 | 1,275,417 | 466,184 | -- | 35,274,358 | 99.5% | Not verified | — |
| 2. The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditors for 2024 | 322,583,184 | 2,056,315 | 604,422 | -- | 0 | 99.3% | Not verified | — |
| 3. An advisory vote to approve the Company's named executive officer compensation | 267,652,387 | 20,879,594 | 1,437,582 | -- | 35,274,358 | 93% | Not verified | — |
| 4. To approve the Board of Directors' continuing authority to approve issuances of shares of common stock or securities convertible into common stock in an amount not to exceed 20% of the Company's total number of outstanding shares of common stock as of the d | 277,782,099 | 11,483,167 | 704,297 | -- | 35,274,358 | 96% | Not verified | — |
| 5. To approve the Board of Directors' continuing authority to approve the repurchases of shares of common stock in an amount not to exceed 10% of the Company's total number of outstanding shares of common stock as of the date of the Annual Meeting, effective f | 288,305,405 | 709,146 | 955,012 | -- | 35,274,358 | 99.7% | Not verified | — |
Source: YUM CHINA HOLDINGS INC., Form 8-K, filed with the SEC on May 23, 2024 — read the filing on EDGAR.
Each item below shows how the 770 asset managers that disclosed a YUM CHINA HOLDINGS INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of YUM CHINA HOLDINGS INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 4 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: CHRISTINA XIAOJING ZHU
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Christina Xiaojing Zhu”): 288,227,962 for, 1,275,417 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,371,377 for. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 360 | 0 | 0 | 0 | For |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,149,008 for.
Combines 5 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: DAVID HOFFMANN
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: David Hoffmann”): 289,080,502 for, 413,070 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,371,360 for. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 360 | 0 | 0 | 0 | For |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,149,008 for.
Combines 4 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: EDOUARD ETTEDGUI
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Edouard Ettedgui”): 287,679,266 for, 1,809,409 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,364,782 for, 6,561 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 0 | 360 | 0 | 0 | Against |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,148,648 for, 360 against.
Combines 4 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: FRED HU
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Fred Hu”): 282,732,654 for, 6,763,213 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,362,285 for, 9,041 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 0 | 360 | 0 | 0 | Against |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,148,648 for, 360 against.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: JOEY WAT
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Joey Wat”): 288,990,043 for, 510,515 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,371,309 for. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 360 | 0 | 0 | 0 | For |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,149,008 for.
Combines 5 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: MIN (JENNY) ZHANG
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Min (Jenny) Zhang”): 287,718,535 for, 1,778,337 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,364,731 for, 6,561 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 0 | 360 | 0 | 0 | Against |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,148,648 for, 360 against.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: ROBERT B. AIKEN
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Robert B. Aiken”): 289,075,608 for, 422,918 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,371,257 for. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 360 | 0 | 0 | 0 | For |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,149,008 for.
Combines 4 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: RUBY LU
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Ruby Lu”): 283,903,133 for, 5,598,695 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,364,679 for, 6,561 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 0 | 360 | 0 | 0 | Against |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,148,648 for, 360 against.
Combines 4 wordings of this item as funds reported it.
99.5% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: WILLIAM WANG
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: William Wang”): 288,174,097 for, 1,306,284 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,371,223 for. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 0 | 360 | 0 | 0 | Against |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,148,648 for, 360 against.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: ZILI SHAO
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Zili Shao”): 288,907,349 for, 574,207 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,371,206 for. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 360 | 0 | 0 | 0 | For |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,149,008 for.
Combines 4 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: ELECTION OF DIRECTORS: PETER A. BASSI
YUM CHINA HOLDINGS INC.’s own tally for this item (“Elect Director: Peter A. Bassi”): 288,793,049 for, 701,560 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 113 asset managers below reported 95,173,207 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
Showing the 25 largest of 113 asset managers. See all 113 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.8% of fund votes cast · no official result
The 111 asset managers below reported 94,825,920 for, 162,459 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.7% Majority: yes · of votes cast
Description as filed by funds: Vote To Authorize The Board Of Directors To Repurchase Shares Up To 10% Of Outstanding Shares
YUM CHINA HOLDINGS INC.’s own tally for this item (“5. To approve the Board of Directors' continuing authority to approve the repurchases of shares of common stock in an amount not to exceed 10% of the Company's total number of outstanding shares of common stock as of the”): 288,305,405 for, 709,146 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of YUM CHINA HOLDINGS INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Authorize Share Repurchase Program” (2 managers, 184,743 for).
The 111 asset managers below reported 94,988,002 for, 360 against.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.
Combines 18 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: Advisory Vote To Approve Executive Compensation
YUM CHINA HOLDINGS INC.’s own tally for this item (“3. An advisory vote to approve the Company's named executive officer compensation”): 267,652,387 for, 20,879,594 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 363,724 | 21,020 | 0 | 0 | Mixed |
Fund voting reports, all 105 managers: 93,874,931 for, 496,481 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 32,692,327 | 0 | 0 | 0 | For |
| T. Rowe Price | 30,961,297 | 0 | 0 | 0 | For |
| JPMorgan | 16,322,174 | 0 | 0 | 0 | For |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 14,324,925 | 0 | 0 | 0 | For |
| BlackRock | 8,203,600 | 6,166 | 0 | 0 | For |
| GUARDCAP ASSET MANAGEMENT Ltd | 7,907,155 | 0 | 0 | 0 | For |
| Fidelity | 7,163,957 | 0 | 0 | 0 | For |
| BLS CAPITAL FONDSMAEGLERSELSKAB A/S | 6,971,804 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,719,862 | 0 | 0 | 0 | For |
| State Street | 5,597,796 | 1,693 | 0 | 0 | For |
| RBC Global Asset Management (U.S.) | 5,463,949 | 0 | 0 | 0 | For |
| SCHRODER INVESTMENT MANAGEMENT GROUP | 0 | 4,611,952 | 0 | 0 | Against |
| Vanguard | 4,038,728 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 3,796,451 | 0 | 0 | 0 | For |
| Allspring | 3,712,830 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 3,065,926 | 0 | 0 | 0 | For |
| AllianceBernstein | 2,718,051 | 0 | 0 | 0 | For |
| Nuveen | 2,546,112 | 0 | 0 | 0 | For |
| Northern Trust | 2,357,875 | 900 | 0 | 0 | For |
| UBS | 1,497,713 | 574,531 | 0 | 0 | Mixed |
| Legal & General Investment Management Ltd | 0 | 1,713,985 | 0 | 0 | Against |
| Aberdeen | 1,701,606 | 0 | 0 | 0 | For |
| Amundi | 0 | 1,632,571 | 0 | 0 | Against |
| WASHINGTON STATE INVESTMENT BOARD | 1,613,621 | 0 | 0 | 0 | For |
| Vontobel Asset Management S.A. | 1,394,595 | 0 | 0 | 0 | For |
Institutional-manager reports, all 685 managers: 210,124,740 for, 16,314,401 against, 5,743 abstained, 34,766 not voted, 58,276 unknown. Showing the 25 largest; see all in the interactive database.
Combines 8 wordings of this item as funds reported it.
99.3% Majority: yes · of votes cast
Description as filed by funds: APPROVAL AND RATIFICATION OF THE APPOINTMENT OF KPMG HUAZHEN LLP AND KPMG AS THE COMPANY'S INDEPENDENT AUDITORS FOR 2024
YUM CHINA HOLDINGS INC.’s own tally for this item (“2. The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditors for 2024”): 322,583,184 for, 2,056,315 against, per its Form 8-K filed May 23, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Invesco | 15,339,822 | 0 | 0 | 0 | For |
| Vanguard | 11,786,904 | 0 | 0 | 0 | For |
| BlackRock | 9,131,190 | 0 | 0 | 0 | For |
| MFS | 7,674,180 | 0 | 0 | 0 | For |
| JPMorgan | 7,606,859 | 0 | 0 | 0 | For |
| T. Rowe Price | 7,405,094 | 0 | 0 | 0 | For |
| Dodge & Cox | 6,452,170 | 0 | 0 | 0 | For |
| Fidelity | 3,687,898 | 0 | 0 | 0 | For |
| Allspring | 3,232,450 | 0 | 0 | 0 | For |
| TIAA | 2,495,106 | 0 | 0 | 0 | For |
| Dimensional | 1,999,497 | 0 | 0 | 0 | For |
| Virtus | 1,656,735 | 0 | 0 | 0 | For |
| RBC FUNDS TRUST | 1,599,912 | 0 | 0 | 0 | For |
| Loomis Sayles | 1,279,898 | 0 | 0 | 0 | For |
| BARON SELECT FUNDS | 1,038,147 | 0 | 0 | 0 | For |
| Principal | 970,550 | 0 | 0 | 0 | For |
| AllianceBernstein | 896,435 | 0 | 0 | 0 | For |
| Charles Schwab | 879,867 | 0 | 0 | 0 | For |
| State Street | 719,533 | 0 | 0 | 0 | For |
| MATTHEWS INTERNATIONAL FUNDS | 665,513 | 0 | 0 | 0 | For |
| Brighthouse | 658,887 | 0 | 0 | 0 | For |
| Equitable | 528,801 | 0 | 0 | 0 | For |
| Pacific Life | 524,410 | 0 | 0 | 0 | For |
| Northwestern Mutual | 452,137 | 0 | 0 | 0 | For |
| BNY Mellon | 384,744 | 0 | 0 | 0 | For |
Fund voting reports, all 105 managers: 94,369,411 for, 1,983 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Capital Group | 609,766 | 0 | 0 | 0 | For |
| COOPER INVESTORS PTY LTD | 347,075 | 0 | 0 | 0 | For |
| Erste Asset Management GmbH | 184,716 | 0 | 0 | 0 | For |
| HOWLAND CAPITAL MANAGEMENT LLC | 2,670 | 0 | 0 | 0 | For |
| MARCO INVESTMENT MANAGEMENT LLC | 2,302 | 0 | 0 | 0 | For |
| Westwood Global Investments, LLC | 2,007 | 0 | 0 | 0 | For |
| apricus wealth, LLC | 0 | 360 | 0 | 0 | Against |
| Keel Point, LLC | 85 | 0 | 0 | 0 | For |
| Warren Street Wealth Advisors, LLC | 27 | 0 | 0 | 0 | For |
Institutional-manager reports, all 9 managers: 1,148,648 for, 360 against.
Not shown here: this season’s fund filings also report 1 item from the meeting of May 23, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 392,000,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Invesco | 3.91% |
| 2 | Vanguard | 3.01% |
| 3 | BlackRock | 2.33% |
| 4 | MFS | 1.96% |
| 5 | JPMorgan | 1.94% |
| 6 | T. Rowe Price | 1.89% |
| 7 | Dodge & Cox | 1.65% |
| 8 | Fidelity | 0.94% |
| 9 | Allspring | 0.82% |
| 10 | TIAA | 0.64% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Invesco | 8.34% |
| 2 | T. Rowe Price | 7.90% |
| 3 | JPMorgan | 4.16% |
| 4 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3.65% |
| 5 | BlackRock | 2.09% |
| 6 | GUARDCAP ASSET MANAGEMENT Ltd | 2.02% |
| 7 | Fidelity | 1.83% |
| 8 | BLS CAPITAL FONDSMAEGLERSELSKAB A/S | 1.78% |
| 9 | Dodge & Cox | 1.71% |
| 10 | State Street | 1.43% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| JPMorgan Chase | 6.95% | 13F |
| GIC Private Limited | 5.55% | DEF14A |
| Invesco | 4.69% | 13F |
| T. Rowe Price | 4.27% | 13F |
| Vanguard Group | 3.97% | 13F |
| State Street | 1.60% | 13F |
| Norges Bank | 1.38% | 13F |
| Geode Capital | 0.79% | 13F |
| BlackRock | 0.67% | 13F |
| Nuveen | 0.65% | 13F |
Percentages above are of 392,000,000 shares outstanding, as reported by YUM CHINA HOLDINGS INC. on its Form 10-Q dated March 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from YUM CHINA HOLDINGS INC.’s 10-Q dated March 31, 2024. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At YUM CHINA HOLDINGS INC.'s shareholder meeting held May 23, 2024, in the 2023-2024 proxy season, 770 asset managers reported how they voted in their SEC Form N-PX filings, covering 5,896 separate fund positions. Their filings are grouped here into 15 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory Vote To Approve Executive Compensation — FOR was 93% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: YUM CHINA HOLDINGS INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 23, 2024.
YUM CHINA HOLDINGS INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.