Exhibit 10.1

Mr. Peter A. Bassi

Strictly Private & Confidential

Senior Advisor Service Contract

Dear Pete,

We are pleased to offer you the subject Term Contract (“Contract”) with Yum China Holdings, Inc. (“the Company” or “Yum China”) under the following terms and conditions:

This Contract covers a period of 12 months, effective June 1, 2025 to May 31, 2026.

You are committed to provide, based out of US, on average 14 hours of service per month, not exceeding 42 hours per quarter.

You will attend Audit Committee meetings, Board meetings, or any other meetings or private sessions as requested by the Board or Audit Committee. You will provide governance and Board advisory services to the Board, including to the chairperson of the Board and Audit Committee of Yum China.

You will be paid a monthly retainer of USD 23,100 (i.e. US$ 277,200 per annum). Hours in excess of 42 hours per quarter will be approved by the Chairperson of the Audit Committee and paid at US$1,650 per hour supported by time sheet.

Our US office will arrange the payment of service fee to you monthly in arrears. You are responsible for any US tax on the retainer /service fee, as an independent consultant.

For approved business travel, expenses will be reimbursed in accordance with the Company’s business travel policy. If personal phone use is required to do business in China, you will submit the related invoices to Yum China for reimbursement.

In your role, the Company expects that you will obey the laws and regulations and respect the lawful customs of US and the People’s Republic of China and any other countries /territories which you may visit in the areas of business duties. Naturally, we would expect that you would not engage in any employment or business activity which conflicts with the business interest of the Company and its affiliates.

In addition, you agree to be continued to be subject to the Company’s Policy Regarding Transactions in YUMC Securities by Directors during the contract period.

In signing this Term Contract, you agree that during the period of one (1) year following the termination of this contract, you shall not:

Solicit or endeavor to entice away from the Company and its affiliates any other employee or person engaged (whether or not such a person would commit any breach of contract by reason leaving the service of the Company), or any customer of Yum China and its affiliates.

You agree at all times (notwithstanding the termination of this contract) not to use for your own advantage, or to disclose to any third party any information concerning the business or affairs of Yum China and its affiliates, comprising trade secrets and business matters or information which you know or ought reasonably to have known to be confidential. In addition, you also agree that you shall not use or rely upon any confidential information or non-public material information relating to Yum China and/or its affiliates as the basis to purchase, sell or otherwise acquire, dispose of or transfer shares of the Company. You understand that nothing contained in this agreement limits your ability to report possible violations of law or regulation to, or file a charge or complaint with the U.S. Securities and Exchange Commission or any other federal/national, state/provincial or local/municipal governmental agency or commission (“Government Agencies”). You further understand that this agreement does not limit your ability to communicate with any Government Agencies or otherwise participate in any investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. Nothing in this agreement shall limit your ability under applicable United States federal law to (i) disclose in confidence trade secrets to any Government Agency or any of its officials, or to an attorney, for the sole purpose of reporting or investigating a suspected violation of law or (ii) disclose trade secrets in a document filed in a lawsuit or other proceeding, but only if the filing is made under seal and protected from public disclosure.

A one-month notice period is to be provided by either party if this Term Contract has to be terminated prior to May 31, 2026.

Yum China agrees to indemnify and hold you harmless from liabilities, losses or damages resulting from the performance of this Contract, including any liabilities, losses or damages arising out of any action, proceeding or investigation brought by any person or entity which involves you in any way. In addition, Yum China agrees to reimburse you for reasonable legal expenses incurred by you in connection with any such actions, proceedings or investigation.

If at any time any provision of this contract is or becomes illegal, invalid or unenforceable in any respect, the legality, validity and enforceability of the remaining provisions shall not be impaired or affected.

Kindly acknowledge your acceptance of the above terms by signing and returning the duplicate of this letter to the undersigned.

Yours sincerely,

Yum China Holdings, Inc.

By: /s/ Fred Hu

Dr. Fred Hu, Chairman of the Board of Directors, Yum China Holdings, Inc.

Date: June 19, 2025

By: /s/ Peter A. Bassi

Peter A. Bassi

Date: June 19, 2025