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Yum China Grants Broad-Based Equity Awards Tied to Long-Term Performance
Yum China Holdings (YUMC) has announced new equity awards, including Stock Appreciation Rights (SARs), Restricted Share Units (RSUs), and Performance Share Units (PSUs), to over 1,000 employees and CEO Joey Wat. These awards are designed to vest over several years, contingent on continuous service and achieving various performance goals related to store count, revenue, profit, total shareholder return, and ESG initiatives. The program aims to align employee incentives with shareholder interests and enhance the retention of key talent across the company.