Coca Cola Europacific Partners : 050624DBN DG Keynote FINAL V2

CCEP

Damian Gammell, CEO

Forward looking statements

This document contains statements, estimates or projections that constitute "forward-looking statements" concerning the financial condition, performance, results, guidance and outlook, dividends, consequences of mergers, acquisitions, joint ventures, and divestitures, including the joint venture with Aboitiz Equity Ventures Inc. (AEV) and acquisition of Coca-Cola Beverages Philippines, Inc. (CCBPI), strategy and objectives of Coca-Cola Europacific Partners plc and its

subsidiaries (together CCEP or the Group). Generally, the words "ambition", "target", "aim", "believe", "expect", "intend", "estimate", "anticipate", "project", "plan", "seek", "may", "could", "would", "should", "might", "will", "forecast", "outlook", "guidance", "possible", "potential", "predict", "objective" and similar expressions identify forward-looking statements, which generally are not historical in nature.

Forward-looking statements are subject to certain risks that could cause actual results to differ materially from CCEP's historical experience and present expectations or projections. As a result, undue reliance should not be placed on forward-looking statements, which speak only as of the date on which they are made. These risks include but are not limited to:

1. those set forth in the "Risk Factors" section of CCEP's 2023 Annual Report on Form 20-F filed with the SEC on 15 March 2024;
2. risks and uncertainties relating to the global supply chain and distribution, including impact from war in Ukraine and increasing geopolitical tensions and conflicts including in the Middle East and Asia Pacific region, such as the risk that the business will not be able to guarantee sufficient supply of raw materials, supplies, finished goods, natural gas and oil and increased state-sponsored cyber risks;
3. risks and uncertainties relating to the global economy and/or a potential recession in one or more countries, including risks from elevated inflation, price increases, price elasticity, disposable income of consumers and employees, pressure on and from suppliers, increased fraud, and the perception or manifestation of a global economic downturn;
4. risks and uncertainties relating to potential water use reductions due to regulations by national and regional authorities leading to a potential temporary decrease in production volume; and
5. risks and uncertainties relating to the integration and operation of the joint venture with AEV and acquisition of CCBPI, including the risk that our integration of CCBPI's business and operations may not be successful or may be more difficult, time consuming or costly than expected.

Due to these risks, CCEP's actual future financial condition, results of operations, and business activities, including its results, dividend payments, capital and leverage ratios, growth, including growth in revenue, cost of sales per unit case and operating profit, free cash flow, market share, tax rate, efficiency savings, achievement of sustainability goals, including net zero emissions and recycling initiatives, capital expenditures, our agreements relating to and results of the joint venture with AEV and acquisition of CCBPI, and ability to remain in compliance with existing and future regulatory compliance, may differ materially from the plans, goals, expectations and guidance set out in forward-looking statements. These risks may also adversely affect CCEP's share price. Additional risks that may impact CCEP's future financial condition and performance are identified in filings with the SEC which are available on the SEC's website at www.sec.gov. CCEP does not undertake any obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable rules, laws and regulations. Any or all of the forward-looking statements contained in this filing and in any other of CCEP's public statements may prove to be incorrect events, or otherwise, except as required under applicable rules, laws and regulations. Any or all of the forward-looking statements contained in this filing and in any other of CCEP's public statements may prove to be incorrect.

Reconciliation & definition of alternative performance measures

The following presentation includes certain alternative performance measures, or non-IFRS performance measures. Refer to our Unaudited Results for the Fourth Quarter & Full Year Ended 31 December 2023, issued on 23 February 2024, which details our non-IFRS performance measures and reconciles, where applicable, our 2023 and 2022 results as reported under IFRS to the non-IFRS performance measures included in this presentation. This presentation also includes certain forward looking non-IFRS financial information. We are not able to reconcile forward looking non-IFRS performance measures to reported IFRS measures without unreasonable efforts because it is not possible to predict with a reasonable degree of certainty the actual impact or exact timing of items that may impact comparability. For further details see CCEP 2023 FY Report 1st 6K (cocacolaep.com)

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One of the world's leading consumer goods companies

We make, move &

sell the2023world's

most loved drinks

31101

Countries

Sites

42,000	€20bn	600,000,000
colleagues	Consumers
	Revenue

$34bn	3.9bn	2.1m
market cap	Customers

Volume (unit cases)

Proven track record

May 2016		May 2021	Feb 2024
Merger & Formation of CCEP		CCEP completed acquisition	CCEP completed joint acquisition
			of Coca-Cola Amatil (CCA) & company name	of Coca-Cola Beverages Philippines, Inc.
			change	alongside Aboitiz Equity Ventures Inc.
	13 countries		30 countries	31 countries
	€11bn revenue1		€15bn revenue2		€20bn revenue3
	€1.9bn EBITDA1		€2.7bn EBITDA2		€3.4bn EBITDA3
	54 manufacturing sites		81 manufacturing sites	101 sites
	24k colleagues		33k colleagues	42k colleagues

1.	FY16 adjusted comparable and assumes Iberia and Germany from 1 Jan 2016	4
2.	FY21 adjusted comparable and assumes CCA from 1 Jan 2021
4

3. FY23 adjusted comparable and assumes Philippines from 1 Jan 2023

Our great

• growing markets

Europe

2-3%1

Indonesia /

Philippines

HSD1

Australia

Pacific

4-5%1

1. CCEP internal estimates on NARTD value growth based on Global Data

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A more diverse business supporting value creation

	From				to
Other		Other				New Zealand	Other
Hydration	France	Post Mix			Hydration	Indonesia	Post Mix
RTD Tea /				RTD Tea /
Coffee, Juices
	Glass			Coffee, Juices	Philippines
& Other
			& Other
Energy						Glass
				Energy
	Northern		AFH			Australia			APS
Flavours /	Europe						AFH
			Flavours /
	Cans
Mixers
			Mixers	France	Cans
Coca-Cola	Germany					Northern
			Europe	Coca-Cola	Europe
Zero / Light
					Zero / Light
						Germany
	Iberia	Large PET					Large PET
Coca-Cola			Home		Coca-Cola	Iberia		Home	Europe
Classic					Classic
	Great					Great
	Britain					Small PET
	Small PET				Britain
Portfolio &	Geographic	Packs	Channels	Talent	Portfolio &	Geographic	Packs	Channels	Talent
Categories	(Revenue)	(Volume)	(Revenue)	(Colleagues)	Categories	(Revenue)	(Volume)	(Revenue)	(Colleagues)
(Volume)					(Volume)

		6
Based on FY 2016 adjusted comparable figures	Based on FY23 adjusted comparable figures, including Philippines	6
	APS = Australia, Pacific & South-East Asia

Strong relationship with	Coca-Cola Sprite Fanta Fuze Tea
our brand partners

Costa Coffee

Data Digital

Innovation

Sustainable

World class

customer

relationships

Loved

brands

THE GOAL

Sustainable

value

creation

Excellence in execution

World class	Sustainability Digital
consumer	RGM
marketing	Data & insights

Segmented Distribution Space Service Relationships Activation

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Great	Great	Great	Done
Brands.	People.	Execution.	Sustainably.

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Great brands

Addressing differing need states

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Great people

Keep our people well and valued

Join for the brands, stay for the people

Grow our
capabilities	Create positive
ahead of
momentum and
opportunities
engagement

Easy to do business with

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