FOR
IMMEDIATE RELEASE
Coca-Cola HBC
AG
Announcement of the annual
general meeting to be held on 21 May 2024, changes to the Board and
confirmation of dividend dates
Zug,
Switzerland - 19 April 2024 - 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 Tuesday, 21 May 2024
at 11:00 am CET, at Turmstrasse 26, 6312 Steinhausen,
Switzerland.
The Board of Directors has been notified that
Ms.Olusola (Sola) David-Borha intends to retire from the Board of
Directors at the conclusion of the AGM, after serving as a
non-executive director for almost nine years. Ms. Alexandra
Papalexopoulou has also notified her intention to retire from the
Board of Directors at the conclusion of the AGM, after serving as a
non-executive director for almost nine years.
The Board of Directors proposes to elect Zulikat
Wuraola Abiola and Glykeria Tsernou as new non-executive members of
the Board of Directors. Subject to election at the AGM, Zulikat
Wuraola Abiola's and Glykeria Tsernou's appointment will each take
effect immediately following the conclusion of the AGM. Zulikat
Wuraola Abiola is managing director of Management Transformation
Ltd, a management consultancy firm, a role she has held since 1999.
She is also a non-executive member and vice chairman of the board
of directors of Frigoglass S.A.I.C. In addition, Zulikat Wuraola
Abiola is a director on the boards of Beta Glass Nigeria PLC,
Lekoil Nigeria Limited and Summit Oil International Ltd (Nigeria).
Glykeria Tsernou is currently an executive in the family
office of Th. Vassilakis Group (ASE listed Aegean Airlines,
Autohellas and holdings in logistics and hospitality) focusing on
participations, new investments and business development, a role
she has held since 2013. She is a non-executive director of Attica
Department Stores S.A, Goldair Handling S.A. and Golf Residences
S.A. Glykeria Tsernou is an independent non-executive
director of Resolute Cepal Greece S.A. and Reinvest Greece S.A. and
Chairwoman of Elecion Energy S.A. She also serves on the board of
trustees of Anatolia College. Further details are set out in the
biographies of Zulikat Wuraola Abiola and Glykeria Tsernou in the
notice of the AGM. No further information is required to be
disclosed pursuant to the UK Financial Conduct Authority's Listing
Rule 9.6.13R.
The AGM will also resolve to declare for
each ordinary registered share a dividend of EUR 0.93 per share
which was initially announced on 14 February 2024. The total
aggregate amount of the dividend will be capped at CHF 375,000,000.
Payment of the dividend is anticipated to be made on 24 June 2024
to holders of Coca-Cola HBC shares on the record date of 31 May
2024.
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 2023 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 2023
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 Zoran Bogdanovic as a member of the Board of
Directors
5.1.3.
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)
5.1.4.
Re-election of Henrique Braun as member of the Board of
Directors
5.1.5.
Re-election of Anna Diamantopoulou as member of the Board of
Directors and as a member of the Remuneration Committee (in a
single vote)
5.1.6.
Re-election of William W. (Bill) Douglas III as a member of
the Board of Directors
5.1.7.
Re-election of Reto Francioni as a member of the Board of
Directors and as a member of the Remuneration Committee (in a
single vote)
5.1.8.
Re-election of Anastasios I. Leventis as a member of the
Board of Directors
5.1.9.
Re-election of Christodoulos (Christo) Leventis as a member
of the Board of Directors
5.1.10.
Re-election of George Pavlos Leventis as a member of the
Board of Directors
5.1.11.
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 Zulikat Wuraola Abiola as a new member of the
Board of Directors
5.2.2.
Election of Glykeria Tsernou as a new member of the Board of
Directors
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 a share buy-back
13
Approval of amendments to the articles of
association
13.1 Alignment
with mandatory provisions of the new Swiss corporate law (Articles
6, 11, 14, 15, 20, 25, 34, 36 and 37)
13.2 Other
voluntary changes (Articles 4, 10, 13, 16, 18, 19, 43 and
45)
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,
as well as on Coca-Cola HBC's website
at https://www.coca-colahellenic.com/en/investor-relations/shareholder-centre/agm,
together with the 2023 Integrated Annual Report and other relevant
shareholder information.
Zug, 19 April
2024
Coca-Cola HBC AG
The Board of Directors
Enquiries
Coca-Cola HBC Group
Investor and Analysts:
|
|
Joanna Kennedy
Head of Investor
Relations
|
+44 (0)
7802 427505
joanna.kennedy@cchellenic.com
|
|
Jemima Benstead
Investor Relations
Manager
|
Tel: +44
7740 535130
jemima.benstead@cchellenic.com
|
|
Virginia Phillips
Investor Relations
Manager
|
Tel: +44
(0) 7864 686582
virginia.phillips@cchellenic.com
|
|
Individual Shareholders:
Maria Livaniou
Shareowner Services
Manager
|
Tel: +30
697 444 3270
maria.livaniou@cchellenic.com
|
|
Media:
|
|
|
Sonia Bastian
Head of Communications
|
Tel: +41
7946 88054
sonia.bastian@cchellenic.com
|
|
Ciara Cashen
Senior Group Communications
Manager
|
Tel: +353
861940885
ciara.cashen@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 740 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 32,000
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 Dow Jones
Sustainability Indices, CDP, MSCI ESG, FTSE4Good and ISS
ESG.
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.