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Yum China Holdings, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Yum China Holdings, Inc.’s Form 8-K, filed May 28, 2026 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 16Reported items
  • 757Asset managers
  • 4,912Fund votes
  • May 28, 2026Meeting date

Results at a glance

Meeting of May 28, 2026: 16 items on Yum China Holdings, Inc.’s Form 8-K, filed May 28, 2026: 16 without a stated outcome.

Material dissent

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

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Yum China Holdings, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Yum China Holdings, Inc.

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 28, 2026 (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.

Yum China Holdings, Inc. — official shareholder meeting results, meeting held May 28, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Fred Hu 247,861,3996,165,433371,698 --20,589,980 98%Not verified—
Elect Director: Joey Wat 253,626,106402,952369,472 --20,589,980 99.8%Not verified—
Elect Director: Mikel A. Durham 250,460,9213,567,091370,518 --20,589,980 99%Not verified—
Elect Director: Edouard Ettedgui 252,428,6991,598,104371,727 --20,589,980 99.3%Not verified—
Elect Director: Grace Xin Ge 253,388,099649,654360,777 --20,589,980 99.7%Not verified—
Elect Director: David Hoffmann 253,665,286362,017371,227 --20,589,980 99.8%Not verified—
Elect Director: Ruby Lu 251,563,4392,472,539362,552 --20,589,980 99.0%Not verified—
Elect Director: Zili Shao 253,623,357401,984373,189 --20,589,980 99.8%Not verified—
Elect Director: William Wang 252,738,5011,284,846375,183 --20,589,980 99.4%Not verified—
Elect Director: Zhe (David) Wei 213,355,25740,671,110372,163 --20,589,980 84%Not verified—
Elect Director: Min (Jenny) Zhang 246,669,9557,364,856363,719 --20,589,980 97%Not verified—
Elect Director: Christina Xiaojing Zhu 253,407,247624,686366,597 --20,589,980 99.7%Not verified—
2. The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditors for 2026 271,281,4433,248,096458,971 --0 99%Not verified—
3. An advisory vote to approve the Company's named executive officer compensation 231,279,15322,458,693660,684 --20,589,980 91%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 230,114,15823,739,431544,941 --20,589,980 91%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 273,084,851937,367966,292 --0 99.6%Not verified—

Source: Yum China Holdings, Inc., Form 8-K, filed with the SEC on May 28, 2026 — read the filing on EDGAR.

How asset managers voted at the Yum China Holdings, Inc. 2025-2026 meeting

Each item below shows how the 757 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.

1. Elect Director: David Hoffmann

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 253,665,286AGAINST: 362,017
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: David Hoffmann

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: David Hoffmann”): 253,665,286 for, 362,017 against, per its Form 8-K filed May 28, 2026 (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.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: David Hoffmann” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

2. Elect Director: Edouard Ettedgui

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 252,428,699AGAINST: 1,598,104
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Edouard Ettedgui

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Edouard Ettedgui”): 252,428,699 for, 1,598,104 against, per its Form 8-K filed May 28, 2026 (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.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Edouard Ettedgui” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

3. Elect Director: Fred Hu

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 247,861,399AGAINST: 6,165,433
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Fred Hu

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Fred Hu”): 247,861,399 for, 6,165,433 against, per its Form 8-K filed May 28, 2026 (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.

The 94 asset managers below reported 58,711,482 for, 960,223 against.

FOR
FOR: 58,711,482AGAINST: 960,223
Largest asset managers voting on “Election of Directors: Fred Hu” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street0885,767 00Against
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

4. Elect Director: Grace Xin Ge

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 253,388,099AGAINST: 649,654
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Grace Xin Ge

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Grace Xin Ge”): 253,388,099 for, 649,654 against, per its Form 8-K filed May 28, 2026 (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 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Grace Xin Ge” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

5. Elect Director: Joey Wat

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 253,626,106AGAINST: 402,952
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Joey Wat

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Joey Wat”): 253,626,106 for, 402,952 against, per its Form 8-K filed May 28, 2026 (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.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Joey Wat” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

6. Elect Director: Mikel A. Durham

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 250,460,921AGAINST: 3,567,091
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Mikel A. Durham

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Mikel A. Durham”): 250,460,921 for, 3,567,091 against, per its Form 8-K filed May 28, 2026 (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% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Mikel A. Durham” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

7. Elect Director: Min (Jenny) Zhang

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 246,669,955AGAINST: 7,364,856
Details: description as filed, official tally, votes by 94 asset managers

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”): 246,669,955 for, 7,364,856 against, per its Form 8-K filed May 28, 2026 (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: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Min (Jenny) Zhang” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

8. Elect Director: Ruby Lu

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 251,563,439AGAINST: 2,472,539
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Ruby Lu

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Ruby Lu”): 251,563,439 for, 2,472,539 against, per its Form 8-K filed May 28, 2026 (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: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Ruby Lu” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

9. Elect Director: William Wang

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 252,738,501AGAINST: 1,284,846
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: William Wang

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: William Wang”): 252,738,501 for, 1,284,846 against, per its Form 8-K filed May 28, 2026 (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: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: William Wang” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

10. Elect Director: Zhe (David) Wei

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%AGAINST
FOR: 213,355,257AGAINST: 40,671,110
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Zhe (David) Wei

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Zhe (David) Wei”): 213,355,257 for, 40,671,110 against, per its Form 8-K filed May 28, 2026 (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: 84% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 94 asset managers below reported 54,819,895 for, 4,851,810 against.

FOR
FOR: 54,819,895AGAINST: 4,851,810
Largest asset managers voting on “Election of Directors: Zhe (David) Wei” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,800,307352,322 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan03,557,616 00Against
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National219,70833,686 00Mixed
Equitable242,9153,136 00For
Voya0220,023 00Against
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

11. Elect Director: Zili Shao

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 253,623,357AGAINST: 401,984
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Election of Directors: Zili Shao

Yum China Holdings, Inc.’s own tally for this item (“Elect Director: Zili Shao”): 253,623,357 for, 401,984 against, per its Form 8-K filed May 28, 2026 (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.

The 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Zili Shao” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

12. Elect Director: Christina Xiaojing Zhu

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 253,407,247AGAINST: 624,686
Details: description as filed, official tally, votes by 94 asset managers

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”): 253,407,247 for, 624,686 against, per its Form 8-K filed May 28, 2026 (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 94 asset managers below reported 59,671,705 for.

FOR
FOR: 59,671,705
Largest asset managers voting on “Election of Directors: Christina Xiaojing Zhu” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

13. 5. To approve the Board of Directors' continuing authority to approve the repurchases of shares of common stock in an…

Outcome not verifiedCAPITAL STRUCTUREReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%
FOR: 273,084,851AGAINST: 937,367
Details: description as filed, official tally, votes by 93 asset managers

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”): 273,084,851 for, 937,367 against, per its Form 8-K filed May 28, 2026 (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: 99.6% 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” (3 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

The 93 asset managers below reported 59,198,014 for.

FOR
FOR: 59,198,014
Largest asset managers voting on “Vote to authorize the Board of Directors to repurchase shares up to 10% of outstanding shares” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,397,2150 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For
RBB FUND, INC.214,6300 00For

Showing the 25 largest of 93 asset managers. See all 93 in the interactive database.

14. Vote to authorize the Board of Directors to issue shares up to 20% of outstanding shares

No official matchCAPITAL STRUCTURE

88% of fund votes cast · no official result

FOR
Details: votes by 90 asset managers

The 90 asset managers below reported 51,136,025 for, 7,272,568 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.

FOR: 51,136,025AGAINST: 7,272,568
Largest asset managers voting on “Vote to authorize the Board of Directors to issue shares up to 20% of outstanding shares” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard11,463,6260 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock80,1767,239,441 00Against
Fidelity5,599,6360 00For
JPMorgan3,397,2150 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For
RBB FUND, INC.214,6300 00For

Showing the 25 largest of 90 asset managers. See all 90 in the interactive database.

15. 3. An advisory vote to approve the Company's named executive officer compensation

Outcome not verifiedFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 16 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%
FOR: 231,279,153AGAINST: 22,458,693
Details: description as filed, official tally, votes by 756 asset managers

Description as filed by funds: Advisory vote to approve named executive officer compensation

Yum China Holdings, Inc.’s own tally for this item (“3. An advisory vote to approve the Company's named executive officer compensation”): 231,279,153 for, 22,458,693 against, per its Form 8-K filed May 28, 2026 (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: 91% 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).

Fund voting reports: 85 asset managers voting on “Advisory vote to approve named executive officer compensation” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds270,4640 00For
Invesco266,6140 00For
Jackson National220,49732,897 00Mixed
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For
RBB FUND, INC.214,6300 00For

Fund voting reports, all 85 managers: 59,055,715 for, 264,441 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 695 asset managers voting on “Advisory vote to approve named executive officer compensation” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Dodge & Cox8,559,2620 00For
BLS CAPITAL FONDSMAEGLERSELSKAB A/S8,494,5960 00For
Fidelity7,751,1340 00For
BlackRock7,099,4140 00For
RBC Global Asset Management (U.S.) Inc.6,466,4180 00For
Vanguard4,318,3540 00For
Westwood Global Investments, LLC3,971,2550 00For
State Street3,734,4665,947 00For
Loomis Sayles3,651,8570 00For
W1M Asset Management Ltd3,547,5960 00For
GUARDCAP ASSET MANAGEMENT Ltd3,541,7060 00For
JPMorgan3,017,1050 00For
WASHINGTON STATE INVESTMENT BOARD2,936,4970 00For
Temasek Holdings (Private) Ltd2,717,5480 00For
NEWTON INVESTMENT MANAGEMENT LTD2,543,7100 00For
GEODE CAPITAL MANAGEMENT, LLC2,236,5200 00For
AustralianSuper Pty Ltd01,973,669 00Against
HSBC01,738,379 00Against
EARNEST PARTNERS LLC1,687,9700 00For
UBS01,678,580 00Against
AllianceBernstein1,647,0030 00For
Alberta Investment Management Corp1,512,1950 00For
Legal & General Investment Management Ltd01,295,809 00Against
Mondrian Investment Partners LTD1,235,9570 00For
Vontobel Asset Management S.A.1,221,1450 00For

Institutional-manager reports, all 695 managers: 116,653,952 for, 16,182,456 against, 305 abstained, 112,045 not voted. Showing the 25 largest; see all in the interactive database.

16. 2. The approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditors…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 271,281,443AGAINST: 3,248,096
Details: description as filed, official tally, votes by 94 asset managers

Description as filed by funds: Approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditors for 2026

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 2026”): 271,281,443 for, 3,248,096 against, per its Form 8-K filed May 28, 2026 (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% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 94 asset managers below reported 59,401,241 for, 270,464 against.

FOR
FOR: 59,401,241AGAINST: 270,464
Largest asset managers voting on “Approval and ratification of the appointment of KPMG Huazhen LLP and KPMG as the Company's independent auditor” at Yum China Holdings, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard12,152,6290 00For
Dodge & Cox8,241,2700 00For
Principal7,445,1110 00For
BlackRock7,319,6170 00For
Fidelity5,599,6360 00For
JPMorgan3,557,6160 00For
RBC FUNDS TRUST2,187,0120 00For
Dimensional1,190,4370 00For
Charles Schwab1,006,1670 00For
Loomis Sayles958,8650 00For
State Street885,7670 00For
American Century852,2970 00For
Principal Exchange-Traded Funds773,2500 00For
DRIEHAUS MUTUAL FUNDS770,3010 00For
TIAA563,9430 00For
MATTHEWS INTERNATIONAL FUNDS396,0250 00For
Northwestern Mutual390,7730 00For
Goldman Sachs281,9760 00For
Catholic Responsible Investments Funds0270,464 00Against
Invesco266,6140 00For
Erste Asset Management GmbH259,7660 00For
Jackson National253,3940 00For
Equitable246,0510 00For
Voya220,0230 00For
EA Series Trust219,8140 00For

Showing the 25 largest of 94 asset managers. See all 94 in the interactive database.

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.

Largest Yum China Holdings, Inc. shareholders voting in 2025-2026

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 351,000,000 shares outstanding at the time of that meeting.

Fund voting reports: top Yum China Holdings, Inc. shareholders by shares voted on “Advisory vote to approve named executive officer compensation”, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 3.46%
2Dodge & Cox 2.35%
3Principal 2.12%
4BlackRock 2.09%
5Fidelity 1.60%
6JPMorgan 1.01%
7RBC FUNDS TRUST 0.62%
8Dimensional 0.34%
9Charles Schwab 0.29%
10Loomis Sayles 0.27%
Institutional-manager reports: top Yum China Holdings, Inc. shareholders by shares voted on “Advisory vote to approve named executive officer compensation”, 2025-2026
#Asset manager % of shares outstanding
1Dodge & Cox 2.44%
2BLS CAPITAL FONDSMAEGLERSELSKAB A/S 2.42%
3Fidelity 2.21%
4BlackRock 2.02%
5RBC Global Asset Management (U.S.) Inc. 1.84%
6Vanguard 1.23%
7Westwood Global Investments, LLC 1.13%
8State Street 1.07%
9Loomis Sayles 1.04%
10W1M Asset Management Ltd 1.01%

Reported Yum China Holdings, Inc. holdings and ownership

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.

Yum China Holdings, Inc. holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
JPMorgan Chase 7.23% 13F
Vanguard Group 4.36% 13F
FMR (Fidelity) 1.28% 13F
Goldman Sachs 1.06% 13F
BNY Mellon 1.05% 13F
Wellington Management 0.82% 13F
Dimensional Fund Advisors 0.76% 13F
Morgan Stanley 0.70% 13F
Franklin Templeton 0.62% 13F
Citadel Advisors 0.47% 13F

Percentages above are of 351,000,000 shares outstanding, as reported by Yum China Holdings, Inc. on its Form 10-Q dated March 31, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

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, 2026. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At Yum China Holdings, Inc.'s shareholder meeting held May 28, 2026, in the 2025-2026 proxy season, 757 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,912 separate fund positions. Their filings are grouped here into 16 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 named executive officer compensation — FOR was 91% 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 28, 2026.

Yum China Holdings, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.