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RNS Number : 6898P Coca-Cola HBC AG 21 June 2022
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Results of Annual General Meeting of Coca-Cola HBC AG
Zug, Switzerland - 21 June 2022 - 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 19 May 2022
were duly passed by the requisite majority of shareholders at its AGM held
today, 21 June 2022. 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
(../../../../PersonalData/377/AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Outlook/7UVUUVT5/www.coca-colahellenic.com)
.
The AGM approved a dividend of EUR 0.71 per share ("Dividend") out of the
general capital contribution reserve, capped at an amount of CHF 300,000,000.
Payment of the full amount of the Dividend will be made on 2 August 2022 to
holders of ordinary shares on the record date of 8 July 2022. The shares are
expected to be traded ex-dividend as of 7 July 2022, in which case the last
day on which the shares may be traded with the entitlement to receive
dividends will be 6 July 2022.
Resolutions 7 and 9, the advisory votes to approve the UK Remuneration Report
and the Swiss Remuneration Report, were passed with approximately 67.17% of
the votes cast. Resolution 4.3 in relation to the re-election of Charlotte J.
Boyle, Chair of the Remuneration Committee, was also passed with approximately
78.11% of the votes cast. Consequently the Board will initiate a consultation
with shareholders on its approach to remuneration which will take place
between now and the next AGM in 2023, ensuring as many shareholders as
possible are able to provide their feedback on remuneration matters and on an
approach to remuneration that aligns as closely as possible with the balance
of shareholder views. All other resolutions were passed with high levels of
support ranging between approximately 86.54 and 99.94% and shareholders were
supportive of Resolution 8 on the Remuneration Policy, which was passed with
the support of approximately 96.03% of the votes cast.
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 2021 Integrated Annual Report, as well as approval of the 269864913 99.92% 86028 0.03% 137729 0.05% 270088670 0 73.71%
annual management report, the stand-alone financial statements and the
consolidated financial statements
2.1. Appropriation of losses 269925704 99.93% 148603 0.06% 14363 0.01% 270088670 0 73.71%
2.2. Declaration of dividend from reserves 269890537 99.92% 187270 0.07% 10863 0.01% 270088670 0 73.71%
3. Discharge of the members of the Board of Directors and the members of the 260526456 96.77% 2939260 1.09% 5760784 2.14% 269226500 0 73.47%
Executive Leadership Team
4.1. Re-election of Anastassis G. David as a member of the Board of Directors and 246638953 91.31% 21327040 7.90% 2122677 0.79% 270088670 0 73.71%
as the Chairman of the Board of Directors
4.2. Re-election of Zoran Bogdanovic as a member of the Board of Directors 265369588 98.25% 4660617 1.73% 58465 0.02% 270088670 0 73.71%
4.3. Re-election of Charlotte J. Boyle as a member of the Board of Directors and as 210964697 78.11% 59107472 21.88% 16501 0.01% 270088670 0 73.71%
a member of the Remuneration Committee
4.4. Re-election of Reto Francioni as a member of the Board of Directors and as a 233729847 86.54% 36065395 13.35% 293428 0.11% 270088670 0 73.71%
member of the Remuneration Committee
4.5. Re-election of Olusola (Sola) David-Borha as a member of the Board of 265872879 98.43% 4202990 1.56% 12801 0.01% 270088670 0 73.71%
Directors
4.6. Re-election of William W. (Bill) Douglas III as a member of the Board of 265384910 98.26% 4597888 1.70% 105872 0.04% 270088670 0 73.71%
Directors
4.7. Re-election of Anastasios I. Leventis as a member of the Board of Directors 259245411 95.98% 10831867 4.01% 11392 0.01% 270088670 0 73.71%
4.8. Re-election of Christodoulos (Christo) Leventis as a member of the Board of 259650806 96.13% 10427168 3.86% 10696 0.01% 270088670 0 73.71%
Directors
4.9. Re-election of Alexandra Papalexopoulou as a member of the Board of Directors 234814094 86.93% 35262820 13.06% 11756 0.01% 270088670 0 73.71%
4.10. Re-election of Ryan Rudolph as a member of the Board of Directors 257233915 95.24% 12842650 4.75% 12105 0.01% 270088670 0 73.71%
4.11. Re-election of Anna Diamantopoulou as a member of the Board of Directors and 253007955 93.67% 17067263 6.32% 13452 0.01% 270088670 0 73.71%
as a member of the Remuneration Committee
4.12. Re-election of Bruno Pietracci as a member of the Board of Directors 257328585 95.27% 12092001 4.48% 668084 0.25% 270088670 0 73.71%
4.13. Re-election of Henrique Braun as a member of the Board of Directors 257328864 95.28% 12044465 4.46% 715341 0.26% 270088670 0 73.71%
5. Election of the independent proxy 269972863 99.95% 102789 0.04% 13018 0.01% 270088670 0 73.71%
6.1. Re-election of the statutory auditor 266026652 98.49% 4051262 1.50% 10756 0.01% 270088670 0 73.71%
6.2. Advisory vote on re-appointment of the independent registered public 265942622 98.46% 4133626 1.53% 12422 0.01% 270088670 0 73.71%
accounting firm for UK purposes
7. Advisory vote on the UK Remuneration Report 181440565 67.17% 88630436 32.82% 17669 0.01% 270088670 0 73.71%
8. Advisory vote on the Remuneration Policy 259376317 96.03% 10695685 3.96% 16668 0.01% 270088670 0 73.71%
9. Advisory vote on the Swiss Remuneration Report 181440565 67.17% 88630436 32.82% 17669 0.01% 270088670 0 73.71%
10.1. Approval of the maximum aggregate amount of remuneration for the Board of 269821962 99.92% 204088 0.08% 62620 n.a. 270026050 0 73.71%
Directors until the next annual general meeting
10.2. Approval of the maximum aggregate amount of remuneration for the Executive 267013278 98.89% 2998680 1.11% 76712 n.a. 270011958 0 73.71%
Leadership Team for the next financial year
11. Approval of share buy-back 269233757 99.69% 174320 0.06% 680593 0.25% 270088670 0 73.71%
12. Approval of the amendments to the articles 11, 16, 27, 30, 32, 33, 34, 35, 36, 269906090 99.94% 120093 0.04% 62487 0.02% 270088670 0 73.71%
37 and 38 of the Articles of Association regarding the replacement of the term
"Operating Committee" by the term "Executive Leadership Team" (0.00)
(1) Percentages refer to applicable majority. Proposals 1-9 and 11 require
approval by an absolute majority of the votes validly cast (including
consenting and dissenting votes and abstentions). Proposals 10.1 and 10.2
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 an absolute 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
371,809,001 ordinary shares, of which 1,956,582 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
366,422,284.
Following the re-election of all the directors as set out above, the
composition of each of the Board Committees remains unchanged.
Enquiries
Coca‑Cola HBC Group
Investors and Analysts:
Joanna Kennedy Tel: +44 7802 427505
Investor Relations Director joanna.kennedy@cchellenic.com
Jemima Benstead Tel: +44 7740 535130
Investor Relations Manager jemima.benstead@cchellenic.com
Marios Matar Tel: +30 697 444 3335
Investor Relations Manager marios.matar@cchellenic.com
Media:
David Hart Tel: +41 41 726 0143
Group Communication Director david.hart@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 create value for all
our stakeholders by supporting the socio-economic development of the
communities in which we operate and we believe building a more positive
environmental impact is integral to our future growth. Together, we and our
customers serve 715 million consumers across a broad geographic footprint of
29 countries on three continents. Our portfolio is one of the strongest,
broadest and most flexible in the beverage industry, offering consumer-leading
beverage brands in the sparkling, juice, water, sport, energy, plant-based,
ready-to-drink tea, coffee, adult sparkling and premium spirits categories.
These beverages include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Costa,
Valser, Romerquelle, Fanta, Sprite, Powerade, FuzeTea, Dobry, Cappy, Monster
and Adez. We foster an open and inclusive work environment amongst our 36,000
employees and we are ranked among the top sustainability performers in ESG
benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and
FTSE4Good.
Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE:CCH) and
is listed 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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