FOR
IMMEDIATE RELEASE
Coca-Cola
HBC AG
Results
of Annual General Meeting of Coca-Cola HBC AG
Zug, Switzerland - 21 May
2024 - 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 April 2024 were duly
passed by the requisite majority of shareholders at its AGM held
today, 21 May 2024. 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 and
on Coca-Cola HBC's website at www.coca-colahellenic.com.
As previously announced on 19 April
2024 Olusola (Sola) David-Borha and Alexandra Papalexopoulou would
not be seeking re-election to the Board and retired from the Board
as of the conclusion of the AGM. At the AGM, Coca-Cola HBC's
shareholders elected Zulikat Wuraola Abiola and Glykeria Tsernou as
new non-executive members of the Board. Their biographies can be
found at www.coca-colahellenic.com.
The AGM approved a dividend of EUR
0.93 per share ("Dividend")
out of the general capital contribution reserve, capped at an
amount of CHF 375,000,000. Payment of the full amount of the
Dividend will be made on 24 June 2024 to holders of ordinary shares
on the record date of 31 May 2023. The shares are expected to be
traded ex-dividend as of 30 May 2024, in which case the last day on
which the shares may be traded with the entitlement to receive
dividends will be 29 May 2024.
Final Ballot Results
Proposal
|
Votes
for
|
%
(1)
|
Votes
Against
|
%
(1)
|
Abs-
tentions
Cast
|
%
(1)
|
Total
Votes Cast
|
Votes not
cast (2)
|
Voting
Rights Repre-
sented
% (3)
|
|
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
|
254,394,906
|
99.57%
|
82,585
|
0.03%
|
1,015,468
|
0.40%
|
255,492,959
|
0
|
69.96%
|
|
2.
|
Approval of the non-financial report
under Swiss statutory law for the financial year ended on 31
December 2023
|
254,354,546
|
99.55%
|
121,944
|
0.05%
|
1,016,469
|
0.40%
|
255,492,959
|
0
|
69.96%
|
|
3.1.
|
Appropriation of available
earnings
|
255,490,156
|
100%
|
375
|
0.00%
|
2,428
|
0.00%
|
255,492,959
|
0
|
69.96%
|
|
3.2.
|
Declaration of dividend from
reserves
|
255,490,406
|
100%
|
0
|
0.00%
|
2,553
|
0.00%
|
255,492,959
|
0
|
69.96%
|
|
4.
|
Discharge of the members of the
Board of Directors and the members of the Executive Leadership
Team
|
249,161,398
|
97.93%
|
4,177,657
|
1.64%
|
1,102,218
|
0.43%
|
254,441,773
|
500
|
69.96%
|
|
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)
|
241,125,991
|
94.37%
|
13,326,389
|
5.22%
|
1,040,579
|
0.41%
|
255,492,959
|
0
|
69.96%
|
|
5.1.2
|
Re-election of Zoran Bogdanovic as a
member of the Board of Directors
|
251,296,489
|
98.36%
|
4,185,402
|
1.64%
|
10,568
|
0.00%
|
255,492,959
|
500
|
69.96%
|
|
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)
|
245,765,839
|
96.20%
|
9,715,023
|
3.80%
|
10,897
|
0.00%
|
255,492,959
|
1,200
|
69.96%
|
|
5.1.4
|
Re-election of Henrique Braun as a
member of the Board of Directors
|
244,471,381
|
95.69%
|
9,913,044
|
3.88%
|
1,107,334
|
0.43%
|
255,492,959
|
1,200
|
69.96%
|
|
5.1.5
|
Re-election of Anna Diamantopoulou
as a member of the Board of Directors and as a member of the
Remuneration Committee (in a single
vote)
|
250,366,532
|
98.00%
|
5,121,530
|
2.00%
|
4,897
|
0.00%
|
255,492,959
|
0
|
69.96%
|
|
5.1.6
|
Re-election of William W. (Bill)
Douglas III as a member of the Board of Directors
|
252,095,742
|
98.67%
|
3,365,068
|
1.32%
|
30,449
|
0.01%
|
255,492,959
|
1,700
|
69.96%
|
|
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)
|
240,927,490
|
94.30%
|
13,898,369
|
5.44%
|
667,100
|
0.26%
|
255,492,959
|
0
|
69.96%
|
|
5.1.8
|
Re-election of Anastasios I.
Leventis as a member of the Board of Directors
|
244,566,694
|
95.72%
|
9,887,215
|
3.87%
|
1,039,050
|
0.41%
|
255,492,959
|
0
|
69.96%
|
|
5.1.9
|
Re-election of Christodoulos
(Christo) Leventis as a member of the Board of Directors
|
244,445,385
|
95.68%
|
9,818,728
|
3.84%
|
1,228,346
|
0.48%
|
255,492,959
|
500
|
69.96%
|
|
5.1.10
|
Re-election of George Pavlos
Leventis as a member of the Board of Directors
|
248,099,074
|
97.11%
|
6,291,351
|
2.46%
|
1,101,334
|
0.43%
|
255,492,959
|
1,200
|
69.96%
|
|
5.1.11
|
Re-election of Evguenia Stoitchkova
as a member of the Board of Directors
|
248,266,867
|
97.17%
|
6,179,513
|
2.42%
|
1,046,579
|
0.41%
|
255,492,959
|
0
|
69.96%
|
|
5.2.1
|
Election of Zulikat Wuraola Abiola
as a new member of the Board of Directors
|
251,475,523
|
98.42%
|
3,821,968
|
1.50%
|
195,393
|
0.08%
|
255,492,959
|
75
|
69.96%
|
|
5.2.2
|
Election of Glykeria Tsernou as a
new member of the Board of Directors
|
251,770,498
|
98.55%
|
3,716,989
|
1.45%
|
4,897
|
0.00%
|
255,492,959
|
575
|
69.96%
|
|
6.
|
Election of the independent
proxy
|
254,087,057
|
99.45%
|
1,401,130
|
0.55%
|
4,772
|
0.00%
|
255,492,959
|
0
|
69.96%
|
|
7.1.
|
Re-election of the statutory
auditor
|
237,891,947
|
93.11%
|
17,597,384
|
6.89%
|
3,628
|
0.00%
|
255,492,959
|
0
|
69.96%
|
|
7.2.
|
Advisory vote on re-appointment of
the independent registered public accounting firm for UK
purposes
|
247,888,726
|
97.03%
|
7,597,104
|
2.97%
|
6,128
|
0.00%
|
255,492,959
|
1,001
|
69.96%
|
|
8.
|
Advisory vote on the UK Remuneration
Report
|
248,551,498
|
97.28%
|
5,896,635
|
2.31%
|
1,043,825
|
0.41%
|
255,492,959
|
1,001
|
69.96%
|
|
9.
|
Advisory vote on the Remuneration
Policy
|
243,042,676
|
95.12%
|
12,150,434
|
4.76%
|
298,649
|
0.12%
|
255,492,959
|
1,200
|
69.96%
|
|
10.
|
Advisory vote on the Swiss
Remuneration Report
|
238,378,236
|
93.30%
|
17,105,579
|
6.70%
|
8,143
|
0.00%
|
255,492,959
|
1,001
|
69.96%
|
|
11.1.
|
Approval of the maximum aggregate
amount of remuneration for the Board of Directors until the next
annual general meeting
|
243,668,527
|
95.37%
|
11,818,181
|
4.63%
|
6,176
|
n.a.
|
255,492,959
|
75
|
69.96%
|
|
11.2.
|
Approval of the maximum aggregate
amount of remuneration for the Executive Leadership Team for the
next financial year
|
242,131,442
|
94.78%
|
13,339,926
|
5.22%
|
21,516
|
n.a.
|
255,492,959
|
75
|
69.96%
|
|
12.
|
Approval of share
buy-back
|
255,468,661
|
99.99%
|
5,672
|
0.00%
|
17,426
|
0.01%
|
255,492,959
|
1,200
|
69.96%
|
|
|
|
|
|
|
|
|
|
|
|
69.96%
|
|
13.1
|
Approval of amendments to the
articles of association - alignment with mandatory provisions of
the new Swiss corporate law (Articles 6, 11, 14, 15, 20, 25, 34, 36
and 37)
|
255,310,597
|
99.93%
|
173,985
|
0.07%
|
6,176
|
0.00
|
255,492,959
|
2,201
|
69.96%
|
|
13.2
|
Approval of amendments to articles
of association - other voluntary changes (Articles 4, 10, 13, 16,
18, 19, 43 and 45)
|
255,479,436
|
100.00%
|
5,372
|
0.00%
|
7,075
|
0.00%
|
255,492,959
|
1,076
|
69.96%
|
|
(1) Percentages refer to applicable
majority. Proposals 1-10 and 12 require approval by an absolute
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).
Proposals 13.1 and 13.2 require approval by a qualified majority of
at least two-thirds of the voting rights represented and an
absolute majority of the nominal value of the 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 373,193,915
ordinary shares, of which 4,572,199 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 365,191,581.
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
|
|
Claire Evans
Group Senior Communications Manager
- Corporate
|
Tel: +44 7597
562 978
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 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.