New Yum China Building Opens in Shanghai

"We started with the vision of creating a workplace where employees 'look forward to Monday'. To achieve this vision, we focus on employee well-being and have paid attention to key design features such as excellent air filtration, modern furniture, collaborative work spaces, ample connectivity for mobile working, and contemporary lighting," said Joey Wat, President and Chief Operating Officer of Yum China. "We are confident that our new office space will create a happy workplace that will facilitate collaboration and inspire our colleagues to even more creativity in their daily work. It will serve as the perfect platform for us to continue expanding and supporting our national restaurant network."

With the office interior designed to meet the gold standard of the Leadership in Energy and Environmental Design (LEED) building rating system, the Yum China Building incorporates a suite of advanced sustainable features that are intended to provide staff with the optimal working environment. Smart, low-carbon air conditioning systems save energy and ensure temperature and air flow are optimal. A cutting-edge air purification system has also been installed to guarantee excellent indoor air quality.

Modern co-working spaces or "social hubs", allow employees to meet and chat over a cup of coffee or during lunch. The contemporary layout also includes mobile work stations, equipped with adjustable tables and screens, so that employees can work more efficiently and exchange ideas across departments and levels.

Employee health and wellness has also been prioritized, and the Yum China Building is equipped with facilities that can be used for exercise, yoga and team building activities. It includes four showers and rooms for physiotherapy and nursing mothers. In addition, chairs were selected by representatives from each department to ensure comfort and compliance with ergonomic standards. These designs reflect Yum China's commitment to promoting the importance of healthy, active lifestyles.

Forward-Looking Statements

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About Yum China Holdings, Inc.

Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China's leading quick-service restaurant brand, Pizza Hut, the leading casual dining restaurant brand in China, and Taco Bell, which opened its first restaurant in China at the end of 2016. Yum China also owns the Little Sheep and East Dawning concepts outright. Yum China is well positioned for growth thanks to its strong competitive position, integration of its brands into Chinese popular culture and consumers' daily lives, expanding geographic footprint in China and existing operational expertise. It has a strong capital position, no external debt and expects to continue growing its system sales and profit by adding new restaurants and through growing same-store sales. Yum China had more than 7,700 restaurants and more than 420,000 employees in over 1,100 cities at the end of August 2017. A new generation of younger consumers who are digitally sophisticated and brand driven are fueling growth in consumption in China. The ongoing growth of the middle class and urban population in China is expected to create the world's largest market for restaurant brands, with Yum China poised to be the market leader.

Yum China Media Contacts:

Forest Liu, Director, Finance Media, at +86 21 2407 7505
Anne Bark, Brunswick Group, at +86 21 6039 6388

SOURCE Yum China Holdings, Inc