TIDMCCH
RNS Number : 7340C
Coca-Cola HBC AG
22 June 2021
FOR IMMEDIATE RELEASE
Coca-Cola HBC AG
Results of Annual General Meeting of Coca-Cola HBC AG and
election of Mr. Bruno Pietracci and Mr. Henrique Braun as new
Non-Executive Members of the Board of Directors
Zug, Switzerland - 22 June 2021 - 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 21 May 2021 were duly passed by the requisite
majority of shareholders at its AGM held today, 22 June 2021. 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 .
Following the retirement of Mr. José Octavio Reyes and Mr.
Alfredo Rivera from the Board as of the end of the AGM, Coca-Cola
HBC's shareholders elected Mr. Bruno Pietracci and Mr. Henrique
Braun 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 0.64 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 3 August 2021 to holders of ordinary
shares on the record date of 9 July 2021. The shares are expected
to be traded ex-dividend as of 8 July 2021, in which case the last
day on which the shares may be traded with the entitlement to
receive dividends will be 7 July 2021. In addition, the AGM
approved a share buy back of up to up to 10,000,000 ordinary shares
with a par value of CHF 6.70.
Resolutions 7 and 9, the advisory votes to approve the UK
Remuneration Report and the Swiss Remuneration Report, were passed
with support of approximately 72% of the votes cast. Consequently,
the Board will intitate a consultation with shareholders on its
approach to remuneration which will take place between now and the
next AGM in 2022, 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 90% and
99% and shareholders were supportive of the Remuneration Policy,
which was passed with the support of approximately 95% of the votes
cast.
Final Ballot Results
Votes
not
Total cast Voting
Votes Votes ( (2) Rights
Proposal Votes % Against % Abs- % Cast () Repre-
sented
% (
tentions (3)
for (1) (1) Cast (1) ()
Receipt of the
2020 Integrated
Annual Report,
as well as
approval
of the annual
management
report,
the stand-alone
financial
statements
and the
consolidated
financial 99.84 0.01 0.15 71.78
1 . statements 261582982 % 22403 % 391160 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Appropriation
2.1 of available 99.44 0.54 0.02 71.78
. earnings 260531924 % 1416947 % 47674 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Declaration
2.2 of dividends 99.35 0.62 0.03 71.78
. from reserves 260286822 % 1619843 % 89880 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Discharge of
the members
of the Board
of Directors
and the members
of the Operating 96.82 0.58 2.60 71.70
3 . Committee 253377106 % 1505257 % 6790462 % 261672825 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Anastassis
G. David as
a member of
the Board of
Directors and
as the Chairman
4.1.1 of the Board 90.95 8.40 0.65 71.78
. of Directors 238272253 % 22012473 % 1711819 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Zoran
Bogdanovic
as a member
4.1.2 of the Board 98.85 1.13 0.02 71.78
. of Directors 258988092 % 2959939 % 48514 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Charlotte
J. Boyle as
a member of
the Board of
Directors and
as a member
of the
4.1.3 Remuneration 92.23 7.75 0.02 71.78
. Committee 241638220 % 20309579 % 48746 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Reto Francioni
as a member
of the Board
of Directors
and as a member
of the
4.1.4 Remuneration 90.01 9.96 0.03 71.78
. Committee 235820439 % 26086438 % 89668 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Olusola (Sola)
David-Borha
as a member
4.1.5 of the Board 98.80 1.18 0.02 71.78
. of Directors 258858471 % 3089254 % 48820 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of William W.
Douglas III
as a member
4.1.6 of the Board 98.52 1.46 0.02 71.78
. of Directors 258128104 % 3819696 % 48745 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Anastasios
I. Leventis
as a member
4.1.7 of the Board 96.65 3.33 0.02 71.78
. of Directors 253220154 % 8727946 % 48445 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Christodoulos
Leventis as
a member of
4.1.8 the Board of 97.04 2.94 0.02 71.78
. Directors 254236184 % 7711916 % 48445 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Alexandra
Papalexopoulou
as a member
4.1.9 of the Board 99.45 0.53 0.02 71.78
. of Directors 260569907 % 1378133 % 48505 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Ryan Rudolph
as a member
4.1.10 of the Board 96.98 3.00 0.02 71.78
. of Directors 254084860 % 7862940 % 48745 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
of Anna
Diamantopoulou
as a member
of the Board
of Directors
and as a member
of the
4.1.11 Remuneration 94.39 5.59 0.02 71.78
. Committee 247310798 % 14637042 % 48705 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Election of
Bruno Pietracci
as a new member
4.2 of the Board 97.03 2.95 0.02 71.78
. of Directors 254218277 % 7729448 % 48820 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Election of
Henrique Braun
as a new member
4.3 of the Board 97.02 2.94 0.04 71.78
. of Directors 254188213 % 7712653 % 95679 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Election of
the independent 99.22 0.76 0.02 71.78
5 . proxy 259953239 % 1995272 % 48034 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Re-election
6.1 of the statutory 98.35 1.60 0.05 71.78
. auditor 257681739 % 4194779 % 120027 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Advisory vote
on re-appointment
of the
independent
registered public
6.2 accounting firm 98.32 1.65 0.03 71.78
. for UK purposes 257587773 % 4334933 % 73839 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Advisory vote
on the UK
Remuneration 72.10 27.88 0.02 71.78
7 . Report 188898393 % 73049577 % 48575 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Advisory vote
on the
Remuneration 95.46 4.52 0.02 71.78
8 . Policy 250109133 % 11838837 % 48575 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Advisory vote
on the Swiss
Remuneration 72.24 27.74 0.02 71.78
9 . Report 189272983 % 72675321 % 48241 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Approval of
the maximum
aggregate amount
of remuneration
for the Board
of Directors
until the next
10.1 annual general 98.99 1.01 71.78
. meeting 259309959 % 2638343 % 48243 n.a. 261948302 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
Approval of
the maximum
aggregate amount
of remuneration
for the Operating
Committee for
the next
10.2 financial 99.31 0.69 71.78
. year 259944118 % 1818686 % 233741 n.a. 261762804 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
11 Approval of 98.00 1.98 0.02 71.78
. share buy-back 256741420 % 5195536 % 59589 % 261996545 0 %
------------------ ---------- ------ --------- ------ ---------- ------ ---------- ------- ---------
(1) Percentages refer to applicable majority. Proposals 1-9
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 11 requires approval by an absolute
majority of the votes validly cast (including consenting and
dissenting votes and abstentions).
(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 370,872,537 ordinary shares, of
which 2,464,448 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
364,977,954.
Enquiries
Coca--Cola HBC Group
Investors and Analysts:
Joanna Kennedy Tel: +44 20 37 444 230
Investor Relations Director joanna.kennedy@cchellenic.com
Carla Fabiano Tel: +44 20 37 444 231
Investor Relations Manager carla.fabiano@cchellenic.com
Vasso Aliferi Tel: +41 79 610 7881
Investor Relations Manager vasso.aliferi@cchellenic.com
Media:
David Hart Tel: +41 41 726 0143
Group Communication Director david.hart@cchellenic.com
About Coca--Cola HBC
Coca-Cola HBC AG, 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 societies 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
more than 600 million consumers across a broad geographic footprint
of 28 countries on 3 continents. Our portfolio is one of the
strongest, broadest and most flexible in the beverage industry,
offering consumer-leading partner brands in the sparkling, juice,
water, sport, energy, plant-based, ready-to-drink tea, coffee,
adult sparkling and premium spirits categories. These brands
include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Royal Bliss,
Costa Coffee, Valser, Romerquelle, Fanta, Sprite, Powerade,
FuzeTea, Dobry, Cappy, Monster and Adez. We foster an open and
inclusive work environment amongst our more than 28,000 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 http://www.coca-colahellenic.com
ormation, please visit http://www.coca-colahellenic.com .
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