Coca-Cola Europacific Partners plc - Results of 2022 Annual General Meeting
The Annual General Meeting of Coca-Cola Europacific Partners plc (the "Company") was held at Pemberton House, Bakers Road, Uxbridge UB8 1EZ on 27 May 2022.
All 29 resolutions put to the members were passed on a poll. Accordingly, resolutions 1 to 24 were passed as ordinary resolutions and resolutions 25 to 29 were passed as special resolutions.
The results of the polls are set out below:
| Resolution | For (see note 1) | Against (see note 1) | Issued share capital represented by votes (see note 2) % | Votes withheld (see note 3) | |||
| Votes | % | Votes | % | ||||
| 1 | Receipt of the Report and Accounts | 393,387,484 | 100.00 | 18,205 | 0.00 | 86.12 | 170,467 |
| 2 | Approval of the Directors' Remuneration Report | 328,840,214 | 86.18 | 52,743,916 | 13.82 | 83.54 | 11,992,026 |
| 3 | Re-election of Manolo Arroyo as a director of the Company | 330,432,926 | 83.97 | 63,069,542 | 16.03 | 86.15 | 73,688 |
| 4 | Re-election of Jan Bennink as a director of the Company | 391,720,370 | 99.55 | 1,782,410 | 0.45 | 86.15 | 73,376 |
| 5 | Re-election of John Bryant as a director of the Company | 388,369,790 | 98.70 | 5,128,997 | 1.30 | 86.14 | 77,369 |
| 6 | Re-election of José Ignacio Comenge as a director of the Company | 390,024,095 | 99.14 | 3,386,806 | 0.86 | 86.13 | 165,255 |
| 7 | Re-election of Christine Cross as a director of the Company | 376,108,892 | 95.81 | 16,468,250 | 4.19 | 85.94 | 999,014 |
| 8 | Re-election of Damian Gammell as a director of the Company | 391,135,623 | 99.40 | 2,375,183 | 0.60 | 86.15 | 65,350 |
| 9 | Re-election of Nathalie Gaveau as a director of the Company | 386,580,076 | 98.24 | 6,922,132 | 1.76 | 86.15 | 73,948 |
| 10 | Re-election of Álvaro Gómez -Trénor Aguilar as a director of the Company | 390,047,485 | 99.15 | 3,362,025 | 0.85 | 86.12 | 166,646 |
| 11 | Re-election of Thomas H. Johnson as a director of the Company | 366,960,714 | 93.27 | 26,498,656 | 6.73 | 86.14 | 116,786 |
| 12 | Re-election of Dagmar Kollmann as a director of the Company | 386,511,521 | 98.22 | 6,989,441 | 1.78 | 86.14 | 75,194 |
| 13 | Re-election of Alfonso Líbano Daurella as a director of the Company | 390,052,709 | 99.15 | 3,353,376 | 0.85 | 86.12 | 170,071 |
| 14 | Re-election of Mark Price as a director of the Company | 378,075,655 | 96.08 | 15,425,114 | 3.92 | 86.14 | 75,387 |
| 15 | Re-election of Mario Rotllant Solá as a director of the Company | 342,959,508 | 87.16 | 50,541,454 | 12.84 | 86.14 | 75,194 |
| 16 | Re-election of Brian Smith as a director of the Company | 387,575,164 | 98.50 | 5,921,628 | 1.50 | 86.14 | 79,364 |
| 17 | Re-election of Dessi Temperley as a director of the Company | 388,999,021 | 98.86 | 4,501,231 | 1.14 | 86.14 | 75,904 |
| 18 | Re-election of Garry Watts as a director of the Company | 390,245,303 | 99.18 | 3,212,533 | 0.82 | 86.14 | 118,320 |
| 19 | Reappointment of the Auditor | 387,457,799 | 98.46 | 6,051,766 | 1.54 | 86.15 | 66,591 |
| 20 | Remuneration of the Auditor | 391,255,176 | 99.43 | 2,228,779 | 0.57 | 86.14 | 92,201 |
| 21 | Political Donations | 392,280,814 | 99.86 | 556,382 | 0.14 | 86.00 | 738,960 |
| 22 | Authority to allot new shares | 387,466,967 | 98.46 | 6,044,898 | 1.54 | 86.15 | 64,291 |
| 23 | Waiver of mandatory offer provisions set out in Rule 9 of the Takeover Code (see note 4) | 187,221,383 | 82.48 | 39,759,595 | 17.52 | 49.69 | 166,595,178 |
| 24 | Employee Share Purchase Plan | 393,390,559 | 99.96 | 145,611 | 0.04 | 86.15 | 39,986 |
| 25 | General authority to disapply pre-emption rights | 392,532,173 | 99.90 | 386,792 | 0.10 | 86.02 | 657,191 |
| 26 | General authority to disapply pre-emption rights in connection with an acquisition or specified capital investment | 391,258,798 | 99.56 | 1,718,398 | 0.44 | 86.03 | 598,960 |
| 27 | Authority to purchase own shares on market | 392,327,304 | 99.81 | 745,187 | 0.19 | 86.05 | 503,665 |
| 28 | Authority to purchase own shares off market | 392,034,567 | 99.74 | 1,027,395 | 0.26 | 86.05 | 514,194 |
| 29 | Notice period for general meetings other than annual general meetings | 383,791,696 | 97.53 | 9,705,622 | 2.47 | 86.14 | 78,838 |
Notes:
| 1 | Votes "For" and "Against" are expressed as a percentage of votes received.
|
| 2 | As at 12.00pm on Wednesday 25 May 2022, the time by which shareholders who wanted to attend, speak and vote at the AGM must have been entered on the Company's register of members, there were 456,789,240 ordinary shares in issue.
|
| 3 | A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.
|
| 4 | Resolution 23 was put to the AGM as a resolution of the shareholders of the Company other than Olive Partners, S.A. ("Olive") or any concert party of Olive. |
In particular, in accordance with Section 6(A) of Appendix 1 to the Takeover Code, the Company announces that shareholders approved resolution 23, setting out the terms of the waiver of mandatory offer provisions in Rule 9 of the Takeover Code (the "Waiver").
Olive is currently interested in 166,128,987 shares in the Company and the Waiver does not entitle Olive to be interested in a greater number of shares. The Waiver would allow Olive's interest in shares as a percentage of the Company's total shares to increase as a result of the exercise of the Company's authorities to purchase its own shares, but only to the extent that the resulting interest of Olive, together with any concert parties, in the shares of the Company did not then exceed 40.4114%.
In accordance with Listing Rule 14.3.6R, copies of the resolutions that do not constitute ordinary business at an annual general meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
CONTACTS
| Company Secretariat Clare Wardle T +44 (0)20 7355 8406 | Investor Relations Sarah Willett T +44 (0)7970 145 218 | Media Relations Shanna Wendt T +44 (0)7976 595 168 |
ABOUT CCEP
Coca-Cola Europacific Partners is one of the leading consumer goods companies. We make, move and sell some of the world's most loved brands - serving 600 million consumers and helping 1.75 million customers across 29 countries grow. We combine the strength and scale of a large, multi-national business with an expert, local knowledge of the customers we serve and communities we support. The Company is currently listed on Euronext Amsterdam, the NASDAQ Global Select Market, London Stock Exchange and on the Spanish Stock Exchanges, trading under the symbol CCEP.
For more information about CCEP, please visit www.cocacolaep.com & follow CCEP on Twitter at @CocaColaEP
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