REG - Coca-Cola HBC AG - Notice of AGM, changes to the BoD, dividend dates

Coca Cola HBC AGAnnouncement

23/04/2025 07:00

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RNS Number : 8276F  Coca-Cola HBC AG  23 April 2025

 FOR IMMEDIATE RELEASE

Coca-Cola HBC AG

Announcement of the annual general meeting to be held on 23 May 2025, changes
to the Board and confirmation of dividend dates

Zug, Switzerland - 23 April 2025 - The Board of Directors of Coca-Cola HBC
AG ("Coca-Cola HBC") has resolved to convene its Annual General Meeting
("AGM") to be held on Friday, 23 May 2025 at 09.30 am CEST, at Turmstrasse 26,
6312 Steinhausen, Switzerland.

The Board of Directors has been notified that William W. ("Bill") Douglas III
and Reto Francioni intend to retire from the Board of Directors at the
conclusion of the AGM, after each serving as a non-executive director for
almost nine years.

The Board of Directors proposes to elect Stavros Pantzaris and Pantelis
("Linos") D. Lekkas as new non-executive members of the Board of Directors.
Subject to election at the AGM, Stavros Pantzaris's and Linos D. Lekkas's
appointment will each take effect immediately following the conclusion of the
AGM. Stavros Pantzaris is an experienced business executive and director with
expertise in leadership. Stavros Pantzaris is currently a member of the board
of directors of the Cyprus Employers and Industrialists Federation, member and
treasurer of The Propeller Club of the United States, Port Limassol. In
addition, Stavros Pantzaris is a member of the board of directors of Cyprus
Seeds as well as a member of the board of directors of the Nicosia Chamber of
Commerce and Industry, serving as vice-chairman of the professional services
sector. Linos D. Lekkas is an experienced investment banker with broad capital
markets and advisory services across several sectors and countries. Linos D.
Lekkas holds no external appointments. Further details are set out in the
biographies of Stavros Pantzaris and Linos D. Lekkas in the notice of the AGM.
No further information is required to be disclosed pursuant to the UK
Financial Conduct Authority's UK Listing Rule 6.4.8R.

The AGM will also resolve to declare for each ordinary registered share a
dividend of EUR 1.03 per share which was initially announced on 13 February
2025. Payment of the dividend is anticipated to be made on 24 June 2025 to
holders of Coca-Cola HBC shares on the record date of 30 May 2025.

The AGM agenda items are set out in the summary below.

Agenda of the AGM

In summary, the AGM will have the following agenda and will include the
following proposals by the Board of Directors:

1      Receipt of the 2024 Integrated Annual Report, as well as approval of
the annual management report, the stand-alone financial statements and the
consolidated financial statements

2      Approval of the non-financial report under Swiss statutory law for
the financial year ended on 31 December 2024

3      Appropriation of earnings and reserves / declaration of dividend

3.1   Appropriation of available earnings

3.2   Declaration of dividend from reserves

4      Discharge of the members of the Board of Directors and the members
of the Executive Leadership Team

5      Election of the Board of Directors, the Chairman of the Board of
Directors and the members of the Remuneration Committee

5.1   Current members of the Board of Directors

5.1.1.   Re-election of Anastassis G. David as a member of the Board of
Directors and as the Chairman of the Board of Directors (in a single vote)

5.1.2.   Re-election of Zulikat Wuraola Abiola as a member of the Board of
Directors

5.1.3.   Re-election of Elizabeth Bastoni as a member of the Board of
Directors and as a member of the Remuneration Committee (in a single vote)

5.1.4.   Re-election of Zoran Bogdanovic as a member of the Board of
Directors

5.1.5.   Re-election of Charlotte J. Boyle as a member of the Board of
Directors and as a member of the Remuneration Committee (in a single vote)

5.1.6.   Re-election of Henrique Braun as member of the Board of Directors

5.1.7.   Re-election of Anastasios I. Leventis as a member of the Board of
Directors

5.1.8.   Re-election of Christodoulos ("Christo") Leventis as a member of the
Board of Directors

5.1.9.   Re-election of George Pavlos Leventis as a member of the Board of
Directors

5.1.10. Re-election of Evguenia Stoitchkova as a member of the Board of
Directors

5.2   New members of the Board of Directors

5.2.1.   Election of Stavros Pantzaris as a new member of the Board of
Directors

5.2.2.   Election of Pantelis ("Linos") D. Lekkas as a new member of the
Board of Directors and as a member of the Remuneration Committee (in a single
vote)

6      Election of the independent proxy

7      Election of the auditors

7.1   Re-election of the statutory auditor

7.2   Advisory vote on the re-appointment of the independent registered
public accounting firm for UK purposes

8      Advisory vote on the UK Remuneration Report

9      Advisory vote on the Remuneration Policy

10    Advisory vote on the Swiss Remuneration Report

11    Approval of the remuneration of the Board of Directors and the
Executive Leadership Team

11.1  Approval of the maximum aggregate amount of remuneration for the Board
of Directors until the next annual general meeting

11.2  Approval of the maximum aggregate amount of remuneration for the
Executive Leadership Team for the next financial year

12    Approval of amendments to the Articles of Association in respect of
management incentive and long-term incentive arrangements

13    Approval of share buy-back

 

The formal notice of the AGM, including a full description of the items of the
agenda and the proposals of the Board of Directors, has been published today
in the Swiss Official Gazette of Commerce (Schweizerisches Handelsamtsblatt).
A circular incorporating the formal notice of the AGM will be sent to all
registered shareholders. It has also been submitted to the National Storage
Mechanism and will shortly be available for inspection
at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) , as well as on
Coca-Cola HBC's website
at https://www.coca-colahellenic.com/en/investor-relations/shareholder-centre/agm-egm
(https://www.coca-colahellenic.com/en/investor-relations/shareholder-centre/agm-egm)
, together with the 2024 Integrated Annual Report and other relevant
shareholder information.

 

Zug, 23 April 2025

Coca-Cola HBC AG

The Board of Directors

 

 

Enquiries

Coca-Cola HBC Group

 Investor and Analysts:
 Jemima Benstead                    Tel: +44 7740 535130

 Head of Investor Relations         jemima.benstead@cchellenic.com
 Konstantina Galani                 Tel: +30 697 323 2802

 Investor Relations Manager         konstantina-styliani.galani@cchellenic.com

 Matilde Durazzano                  Tel: +44 7851 105884

 Investor Relations Manager         matilde.durazzano@cchellenic.com
 Individual Shareholders:

 Maria Livaniou                     Tel: +30 697 444 3270

 Shareowner Services Manager        maria.livaniou@cchellenic.com

 Media:
 Claire Evans                       Tel: +44 7896 054 972

 Head of Corporate Communications   claire.evans@cchellenic.com

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and
strategic bottling partner of  The Coca-Cola Company. We open up moments that
refresh us all, by creating value for our stakeholders and supporting the
socio-economic development of the communities in which we operate. With a
vision to be the leading 24/7 beverage partner, we offer drinks for all
occasions around the clock and work together with our customers to serve 750
million consumers across a broad geographic footprint of 29 countries. Our
portfolio is one of the strongest, broadest and most flexible in the beverage
industry, with consumer-leading beverage brands in the sparkling, adult
sparkling, juice, water, sport, energy, ready-to-drink tea, coffee, and
premium spirits categories. These include Coca-Cola, Coca-Cola Zero Sugar,
Fanta, Sprite, Schweppes, Kinley, Costa Coffee, Caffè Vergnano, Valser,
FuzeTea, Powerade, Cappy, Monster Energy, Finlandia Vodka, The Macallan, Jack
Daniel's and Grey Goose. We foster an open and inclusive work environment
amongst our 33,000 employees and believe that building a more positive
environmental impact is integral to our future growth. We rank among the top
sustainability performers in ESG benchmarks such as the 2024 Dow Jones
Best-in-Class Indices, CDP, MSCI ESG, FTSE4Good and ISS ESG.

 

Coca-Cola HBC is listed on the London Stock Exchange (LSE: CCH) and on the
Athens Exchange (ATHEX: EEE). For more information, please visit
https://www.coca-colahellenic.com (https://www.coca-colahellenic.com/) .

 

 

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