REG - Coca-Cola HBC AG - Result of AGM and dividend dates

Coca Cola HBC AGAnnouncement

23/05/2025 14:00

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RNS Number : 0341K  Coca-Cola HBC AG  23 May 2025

 FOR IMMEDIATE RELEASE

Coca-Cola HBC AG

Results of Annual General Meeting of Coca-Cola HBC AG

 

Zug, Switzerland - 23 May 2025 - Coca-Cola HBC AG ("Coca-Cola HBC") today
announces that all of the proposals of the Board of Directors (the "Board")
set out in the notice of the annual general meeting ("AGM") dated 23 April
2025 were duly passed by the requisite majority of shareholders at its AGM
held today, 23 May 2025. The final results are set out below. A copy of the
resolutions passed at the AGM 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)  and on Coca-Cola
HBC's website at www.coca-colahellenic.com
(https://www.coca-colahellenic.com/) .

 

As previously announced on 23 April 2025 William W. ("Bill") Douglas III and
Reto Francioni would not be seeking re-election to the Board and retired from
the Board and Board committees as of the conclusion of the AGM.  Mr Francioni
also stepped down as Senior Independent Director at the conclusion of the AGM.
At the AGM, Coca-Cola HBC's shareholders elected Stavros Pantzaris and
Pantelis ("Linos") D. Lekkas as new non-executive members of the Board. Their,
and all Directors', biographies can be found at www.coca-colahellenic.com
(http://www.coca-colahellenic.com/) .

 

The AGM approved a dividend of EUR 1.03 per share ("Dividend") out of the
general capital contribution reserve. Payment of the full amount of the
Dividend will be made on 24 June 2025 to holders of ordinary shares on the
record date of 30 May 2025. The shares are expected to be traded ex-dividend
as of 29 May 2025, in which case the last day on which the shares may be
traded with the entitlement to receive dividends will be 28 May 2025.

 

Final Ballot Results

 

 Proposal                                                                                 Votes        %       Votes Against  %       Abs-            %       Total Votes Cast  Votes not cast ((2))   Voting Rights Repre-

                                                                                          for          ((1))                  ((1))   tentions Cast   ((1))                                            sented % ((3))
 1.      Receipt of the 2024 Integrated Annual Report, as well as approval of the         264,038,932  99.67%  37,162         0.01%   832,221         0.31%   264,908,315       0                      72.89%
         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           263,991,169  99.65%  84,925         0.03%   832,221         0.31%   264,908,315       0                      72.89%
         financial year ended on 31 December 2024
 3.1.    Appropriation of available earnings                                              264,744,629  99.94%  152,547        0.06%   11,139          0.00%   264,908,315       0                      72.89%
 3.2.    Declaration of dividend from reserves                                            264,737,112  99.94%  160,064        0.06%   11,139          0.00%   264,908,315       0                      72.89%
 4.      Discharge of the members of the Board of Directors and the members of the        259,464,194  98.34%  2,320,561      0.88%   2,048,625       0.78%   263,833,380       0                      72.59%
         Executive Leadership Team
 5.1.1   Re-election of Anastassis G. David as a member of the Board of Directors and     235,592,947  88.93%  29,303,436     11.06%  11,932          0.00%   264,908,315       0                      72.89%
         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      264,406,406  99.81%  489,227        0.18%   12,682          0.00%   264,908,315       0                      72.89%
 5.1.3   Re-election of Elizabeth Bastoni as a member of the Board of Directors and as    262,888,199  99.24%  2,007,434      0.76%   12,682          0.00%   264,908,315       0                      72.89%
         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            259,154,587  97.83%  5,741,046      2.17%   12,682          0.00%   264,908,315       0                      72.89%
 5.1.5   Re-election of Charlotte J. Boyle as a member of the Board of Directors and as   243,670,512  91.98%  21,221,421     8.01%   16,382          0.01%   264,908,315       0                      72.89%
         a member of the Remuneration Committee (in a single vote)
 5.1.6   Re-election of Henrique Braun as a member of the Board of Directors              246,897,525  93.20%  17,929,185     6.77%   81,605          0.03%   264,908,315       0                      72.89%
 5.1.7   Re-election of Anastasios I. Leventis as a member of the Board of Directors      246,752,182  93.15%  18,144,201     6.85%   11,932          0.00%   264,908,315       0                      72.89%
 5.1.8   Re-election of Christodoulos (Christo) Leventis as a member of the Board of      246,938,265  93.22%  17,958,118     6.78%   11,932          0.00%   264,908,315       0                      72.89%
         Directors
 5.1.9   Re-election of George Pavlos Leventis as a member of the Board of Directors      246,833,568  93.18%  18,062,815     6.82%   11,932          0.00%   264,908,315       0                      72.89%
 5.1.10  Re-election of Evgenia  Stoitchkova as a member of the Board of Directors        247,188,093  93.31%  16,819,209     6.35%   901,013         0.34%   264,908,315       0                      72.89%
 5.1.11  Re-election of Glykeria Tsernou as a member of the Board of Directors            264,358,259  99.79%  468,451        0.18%   81,605          0.03%   264,908,315       0                      72.89%
 5.2.1   Election of Stavros Pantzaris as a new member of the Board of Directors          263,722,411  99.55%  1,173,657      0.44%   12,247          0.00%   264,908,315       0                      72.89%
 5.2.2   Election of Pantelis (Linos) D. Lekkas as a new member of the Board of           263,305,151  99.39%  1,586,493      0.60%   16,671          0.01%   264,908,315       0                      72.89%
         Directors and as a new member of the Remuneration Committee (in a single vote)
 6.      Election of the independent proxy                                                264,889,997  99.99%  0              0.00%   18,318          0.01%   264,908,315       0                      72.89%
 7.1.    Re-election of the statutory auditor                                             252,980,635  95.50%  11,916,563     4.50%   11,117          0.00%   264,908,315       0                      72.89%
 7.2.    Advisory vote on re-appointment of the independent registered public             252,676,283  95.38%  12,219,400     4.61%   12,632          0.00%   264,908,315       0                      72.89%
         accounting firm for UK purposes
 8.      Advisory vote on the UK Remuneration Report                                      259,297,435  97.88%  5,594,423      2.11%   16,457          0.01%   264,908,315       0                      72.89%
 9.      Advisory vote on the Remuneration Policy                                         258,124,913  97.44%  6,760,060      2.55%   23,342          0.01%   264,908,315       0                      72.89%
 10.     Advisory vote on the Swiss Remuneration Report                                   259,202,272  97.85%  5,689,271      2.15%   16,772          0.01%   264,908,315       0                      72.89%
 11.1.   Approval of the maximum aggregate amount of remuneration for the Board of        264,354,200  99.79%  536,749        0.20%   17,366          0.01%   264,908,315       0                      72.89%
         Directors until the next annual general meeting
 11.2.   Approval of the maximum aggregate amount of remuneration for the Executive       262,393,604  99.05%  2,305,826      0.87%   208,885         0.08%   264,908,315       0                      72.89%
         Leadership Team for the next financial year
 12.     Approval of amendments to the Articles of Association in respect of management   264,583,480  99.88%  306,719        0.12%   18,116          0.01%   264,908,315       0                      72.89%
         incentive and long-term incentive arrangements
 13.     Approval of share buy-back                                                       264,529,419  99.86%  175,422        0.07%   203,474         0.08%   264,908,315       0                      72.89%

 

(1) Percentages refer to applicable majority. Proposals 1-10, 13 require
approval by a majority of the votes validly cast (including consenting and
dissenting votes and abstentions). Proposals 11.1 and 11.2 require approval by
a relative majority of the votes validly cast (including consenting and
dissenting votes without abstentions). Proposal 12 requires approval by a
majority of at least two-thirds of the voting rights represented and a
majority of the nominal value of shares represented.

 

(2) Votes represented at the AGM but not (or not validly) cast.

 

(3) Shares represented at the AGM for each proposal as a percentage of
Coca-Cola HBC's outstanding voting rights, whether exercisable or not. As at
the date of the AGM, Coca-Cola HBC's issued share capital consisted of
373,239,562 ordinary shares, of which 6,379,418 ordinary shares are held by
Coca-Cola HBC AG and 3,430,135 shares are held by its subsidiary, Coca-Cola
HBC Services MEPE, in treasury. Accordingly, the total number of outstanding
voting rights (whether exercisable or not) in Coca-Cola HBC AG was
363,430,009.

 

 

 

Coca‑Cola HBC Group

 Investor and Analysts:
 Jemima Benstead                    Tel: +44 (0) 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 (0) 7861 105884

 Investor Relations Manager         matilde.durazzano@cchellenic.com

 Media:
 Claire Evans                       Tel: +44 (0) 7896 054972

 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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