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YUM CHINA HOLDINGS INC. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and YUM CHINA HOLDINGS INC.’s Form 8-K, filed 2024-05-23 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 18Reported items
  • 767Asset managers
  • 5,875Fund votes
  • 2024-05-23Meeting date

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

Explore YUM CHINA HOLDINGS INC. in the interactive database Compare manager voting policies

Official 2023-2024 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 2024-05-23 (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 2024-05-23
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Fred Hu 282,732,6546,763,213473,696 --35,274,358 Majority: yes
Elect Director: Joey Wat 288,990,043510,515469,005 --35,274,358 Majority: yes
Elect Director: Robert B. Aiken 289,075,608422,918471,037 --35,274,358 Majority: yes
Elect Director: Peter A. Bassi 288,793,049701,560474,954 --35,274,358 Majority: yes
Elect Director: Edouard Ettedgui 287,679,2661,809,409480,888 --35,274,358 Majority: yes
Elect Director: David Hoffmann 289,080,502413,070475,991 --35,274,358 Majority: yes
Elect Director: Ruby Lu 283,903,1335,598,695467,735 --35,274,358 Majority: yes
Elect Director: Zili Shao 288,907,349574,207488,007 --35,274,358 Majority: yes
Elect Director: William Wang 288,174,0971,306,284489,182 --35,274,358 Majority: yes
Elect Director: Min (Jenny) Zhang 287,718,5351,778,337472,691 --35,274,358 Majority: yes
Elect Director: Christina Xiaojing Zhu 288,227,9621,275,417466,184 --35,274,358 Majority: yes

Source: YUM CHINA HOLDINGS INC., Form 8-K, filed with the SEC on 2024-05-23 — read the filing on EDGAR.

How asset managers voted at the YUM CHINA HOLDINGS INC. 2023-2024 meeting

Each item below shows how the 767 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. Advisory Vote To Approve Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-23.

Combines 5 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 725 asset managers below cast 95% of the shares they voted on this item FOR (287,452,809 for, 14,270,212 against).

FOR: 287,452,809 (95.2%)AGAINST: 14,270,212 (4.7%)ABSTAIN: 206 (0.0%)UNKNOWN: 58,276 (0.0%)NOT VOTED: 34,766 (0.0%)
Largest asset managers voting on “Advisory Vote To Approve Executive Compensation” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco48,032,1490 00For
T. Rowe Price38,366,3910 00For
BlackRock17,334,7906,166 00For
Vanguard15,825,6320 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/14,324,9250 00For
Dodge & Cox13,172,0320 00For
Fidelity10,851,8550 00For
JPMorgan8,943,6030 00For
GUARDCAP ASSET MANAGEMENT Ltd7,907,1550 00For
MFS7,674,1800 00For
BLS CAPITAL FONDSMAEGLERSELSKAB A/S6,971,8040 00For
Allspring6,945,2800 00For
State Street6,317,3291,693 00For
RBC Global Asset Management (U.S.)5,463,9490 00For
SCHRODER INVESTMENT MANAGEMENT GROUP04,611,952 00Against
PRINCIPAL GLOBAL INVESTORS3,796,4510 00For
AllianceBernstein3,614,4860 00For
GEODE CAPITAL MANAGEMENT, LLC3,065,9260 00For
Nuveen2,563,7080 00For
TIAA2,501,3150 00For
Northern Trust2,451,2871,664 00For
Dimensional2,413,8790 00For
UBS1,497,713574,531 00For
Charles Schwab1,760,1340 00For
Legal & General Investment Management Ltd01,713,985 00Against

Showing the 25 largest of 725 asset managers. See all 725 in the interactive database.

2. ELECTION OF DIRECTORS: CHRISTINA XIAOJING ZHU

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 288,227,962AGAINST: 1,275,417

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 74% for, 0.4% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 100% of the shares they voted on this item FOR (94,988,594 for, 0 against).

FOR 100%
FOR: 94,988,594 (100.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: CHRISTINA XIAOJING ZHU” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

3. ELECTION OF DIRECTORS: DAVID HOFFMANN

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 289,080,502AGAINST: 413,070

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 74% for, 0.2% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 100% of the shares they voted on this item FOR (94,988,577 for, 0 against).

FOR 100%
FOR: 94,988,577 (100.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: DAVID HOFFMANN” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

4. ELECTION OF DIRECTORS: EDOUARD ETTEDGUI

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 287,679,266AGAINST: 1,809,409

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 73% for, 0.5% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 99.9% of the shares they voted on this item FOR (94,981,639 for, 6,921 against).

FOR 99.9%
FOR: 94,981,639 (100.0%)AGAINST: 6,921 (0.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: EDOUARD ETTEDGUI” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

5. ELECTION OF DIRECTORS: FRED HU

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 282,732,654AGAINST: 6,763,213

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 72% for, 2% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 99.9% of the shares they voted on this item FOR (94,979,142 for, 9,401 against).

FOR 99.9%
FOR: 94,979,142 (100.0%)AGAINST: 9,401 (0.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: FRED HU” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

6. ELECTION OF DIRECTORS: JOEY WAT

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 288,990,043AGAINST: 510,515

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 74% for, 0.2% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 100% of the shares they voted on this item FOR (94,988,526 for, 0 against).

FOR 100%
FOR: 94,988,526 (100.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: JOEY WAT” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

7. ELECTION OF DIRECTORS: MIN (JENNY) ZHANG

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 5 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 287,718,535AGAINST: 1,778,337

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 73% for, 0.5% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 99.9% of the shares they voted on this item FOR (94,981,588 for, 6,921 against).

FOR 99.9%
FOR: 94,981,588 (100.0%)AGAINST: 6,921 (0.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: MIN (JENNY) ZHANG” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

8. ELECTION OF DIRECTORS: PETER A. BASSI

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 288,793,049AGAINST: 701,560

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 74% for, 0.2% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 100% of the shares they voted on this item FOR (94,988,491 for, 0 against).

FOR 100%
FOR: 94,988,491 (100.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: PETER A. BASSI” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

9. ELECTION OF DIRECTORS: ROBERT B. AIKEN

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 289,075,608AGAINST: 422,918

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 74% for, 0.2% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 100% of the shares they voted on this item FOR (94,988,474 for, 0 against).

FOR 100%
FOR: 94,988,474 (100.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: ROBERT B. AIKEN” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

10. ELECTION OF DIRECTORS: RUBY LU

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 283,903,133AGAINST: 5,598,695

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 72% for, 1% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 99.9% of the shares they voted on this item FOR (94,981,536 for, 6,921 against).

FOR 99.9%
FOR: 94,981,536 (100.0%)AGAINST: 6,921 (0.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: RUBY LU” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

11. ELECTION OF DIRECTORS: WILLIAM WANG

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 288,174,097AGAINST: 1,306,284

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 74% for, 0.4% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 99.9% of the shares they voted on this item FOR (94,988,080 for, 360 against).

FOR 99.9%
FOR: 94,988,080 (100.0%)AGAINST: 360 (0.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: WILLIAM WANG” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

12. ELECTION OF DIRECTORS: ZILI SHAO

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%
FOR: 288,907,349AGAINST: 574,207

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 2024-05-23 (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. Of all 392,000,000 outstanding shares: 74% for, 0.2% against (74% of the company cast a for/against vote).

The 112 asset managers below cast 100% of the shares they voted on this item FOR (94,988,423 for, 0 against).

FOR 100%
FOR: 94,988,423 (100.0%)
Largest asset managers voting on “ELECTION OF DIRECTORS: ZILI SHAO” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

13. APPROVAL AND RATIFICATION OF THE APPOINTMENT OF KPMG HUAZHEN LLP AND KPMG AS THE COMPANY'S INDEPENDENT AUDITORS FOR 2024

AUDIT-RELATED

Meeting held 2024-05-23.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (94,986,241 for, 2,343 against).

FOR: 94,986,241 (100.0%)AGAINST: 2,343 (0.0%)
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., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

14. Vote To Authorize The Board Of Directors To Issue Shares Up To 20% Of Outstanding Shares

CAPITAL STRUCTURE

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 111 asset managers below cast 99.8% of the shares they voted on this item FOR (94,825,920 for, 162,459 against).

FOR: 94,825,920 (99.8%)AGAINST: 162,459 (0.2%)
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., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

15. Vote To Authorize The Board Of Directors To Repurchase Shares Up To 10% Of Outstanding Shares

CAPITAL STRUCTURE

Meeting held 2024-05-23.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 111 asset managers below cast 99.9% of the shares they voted on this item FOR (94,988,002 for, 360 against).

FOR: 94,988,002 (100.0%)AGAINST: 360 (0.0%)
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., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Invesco15,339,8220 00For
Vanguard11,786,9040 00For
BlackRock9,131,1900 00For
MFS7,674,1800 00For
JPMorgan7,606,8590 00For
T. Rowe Price7,405,0940 00For
Dodge & Cox6,452,1700 00For
Fidelity3,687,8980 00For
Allspring3,232,4500 00For
TIAA2,495,1060 00For
Dimensional1,999,4970 00For
Virtus1,656,7350 00For
RBC FUNDS TRUST1,599,9120 00For
Loomis Sayles1,279,8980 00For
BARON SELECT FUNDS1,038,1470 00For
Principal970,5500 00For
AllianceBernstein896,4350 00For
Charles Schwab879,8670 00For
State Street719,5330 00For
MATTHEWS INTERNATIONAL FUNDS665,5130 00For
Brighthouse658,8870 00For
Capital Group609,7660 00For
Equitable528,8010 00For
Pacific Life524,4100 00For
Northwestern Mutual452,1370 00For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

16. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESCOMPENSATION

Meeting held 2024-05-23.

86% fund support · no official result

FOR 86%AGAINST 14%

The 21 asset managers below cast 86% of the shares they voted on this item FOR (15,089,769 for, 2,540,455 against).

FOR: 15,089,769 (85.6%)AGAINST: 2,540,455 (14.4%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
JPMorgan14,367,3050 00For
APG Asset Management US Inc.01,237,386 00Against
NORDEA INVESTMENT MANAGEMENT AB0514,055 00Against
TOBAM0461,372 00Against
STOREBRAND ASSET MANAGEMENT AS344,8620 00For
Desjardins Global Asset Management Inc.0204,592 00Against
Wesleyan Assurance Society149,4920 00For
Owl Creek Asset Management, L.P.124,7310 00For
Cardano Risk Management B.V.065,550 00Against
Sarasin & Partners LLP055,000 00Against
Hanson & Doremus Investment Management49,8850 00For
TD ASSET MANAGEMENT INC38,0590 00For
Qtron Investments LLC13,7940 00For
Union Investment Institutional GmbH02,500 00Against
Edgemoor Investment Advisors, Inc.9600 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma6440 00For
Warren Street Wealth Advisors, LLC270 00For
Balentine LLC100 00For
Dixon Mitchell Investment Counsel Inc.00 00--
OARSMAN CAPITAL, INC.00 00--
Yunqi Capital Ltd00 00--

17. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-05-23.

Combines 2 wordings of this item as funds reported it.

97% fund support · no official result

FOR 97%

The 7 asset managers below cast 97% of the shares they voted on this item FOR (6,957 for, 215 against).

FOR: 6,957 (97.0%)AGAINST: 215 (3.0%)
Largest asset managers voting on “14A Executive Compensation” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
GRIMES & COMPANY, INC.3,0400 00For
Penobscot Investment Management Company, Inc.3,0000 00For
OLD SECOND NATIONAL BANK OF AURORA4780 00For
Barnett & Company, Inc.2310 00For
Campion Asset Management0215 00Against
GYL FINANCIAL SYNERGIES, LLC1600 00For
Waverly Advisors, LLC480 00For

18. Advisory Vote to Approve Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-23 (outside the 2023-2024 season's 1 July to 30 June window; reported in this season's filings).

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (450 for, 0 against).

FOR: 450 (100.0%)
Largest asset managers voting on “Advisory Vote to Approve Executive Compensation” at YUM CHINA HOLDINGS INC., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Foster Victor Wealth Advisors, LLC4000 00For
Meixler Investment Management, Ltd.500 00For

Largest YUM CHINA HOLDINGS INC. shareholders voting in 2023-2024

Ranked by the number of YUM CHINA HOLDINGS INC. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 392,000,000 shares outstanding at the time of that meeting.

Top YUM CHINA HOLDINGS INC. shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1Invesco 12.25%
2T. Rowe Price 9.79%
3BlackRock 4.42%
4Vanguard 4.04%
5MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 3.65%
6Dodge & Cox 3.36%
7Fidelity 2.77%
8JPMorgan 2.28%
9GUARDCAP ASSET MANAGEMENT Ltd 2.02%
10MFS 1.96%

Reported YUM CHINA HOLDINGS INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

YUM CHINA HOLDINGS INC. beneficial owners on record for the 2023-2024 proxy season
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 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, 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 2024-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At YUM CHINA HOLDINGS INC.'s shareholder meeting held 2024-05-23, in the 2023-2024 proxy season, 767 asset managers reported how they voted in their SEC Form N-PX filings, covering 5,875 separate fund positions. Their filings are grouped here into 18 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. YUM CHINA HOLDINGS INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Advisory Vote To Approve Executive Compensation — the reporting funds cast 95% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

YUM CHINA HOLDINGS INC. proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.