Coca-Cola Ecosystem Atlanta, GA 30313
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The Coca-Cola Company One Coca-Cola Plaza, Coca-Cola Ecosystem Atlanta, GA 30313 www.coca-colacompany.com Outside Relationships The Coca-Cola Company (Delaware Corporation) Outside Relationships Regulators Capital Suppliers Customers Securities Regulation Customers Suppliers Capital Regulators Debt Structure Equity Structure and Stock Exchange Listing Rules Public Debt Bond Financing Debt ($40.61B @ 12/31/2020) Credit Ratings for Long-Term Debt: Fitch (A), Moody’s (A1) and S&P (A+) Equity Securities Common Stock Regulators Holders 2.0% Average Rate U.S. Dollar Notes 2.5% Average Rate Australian Dollar 2.7% Average Rate Swiss franc notes Working Capital Financing Shares Repurchase Plans Shares Authorized: 11.20B Equity Capital Significant Commercial Due 2023–2093 ($22,550M) Notes Due 2020–2024 ($400M) due 2022–2028 ($1,236M) Authority: 500 M (2012),150M (2019) Shares Issued: 7.04B Shareholders Banks Derivatives Transactions to Treasury Stock: 2.738B 5.1% Average Rate U.S. Dollar 0.3% Average Rate Euro Notes Due 5.2% Average Rate Other Debt Due Expiration: None Dividends and Common US Securities Hedge Foreign Currency, Recordholders: 197,227 Berkshire Key U.S. and Hedge Debentures Due 2022–2098 ($1,342M) 2021–2040 ($13,821M) Through 2098 ($615M) Stock Repurchases and Exchange Commodity & Interest Rate Risks Hathaway Foreign Counterparties Commission Substantive Business (9.31%) (Securities Law Regulators Regulation Governance IT, Engineering, Science & R&D Marketing & Brand Management Sales & Account Management Supply Chain Business Management, Planning & Administration Professional Disclosure and Corporate Matters Public Reporting Board of Directors David B. Weinberg Product Development Advertising Retail Accounts Bottler Relations Services Vanguard Requirements; Food and Drug Key Ingredient (A,M) Herbert A. Allen (E,F,M) Alexis M. Herman (P,T) Finance & Accounting Communications Human Resources Anti-Bribery Law Administration Packaging Innovation Group (7.27%) and Packaging Marc Bolland (A,P Bobby Kotick (F,M) Committees: Audit (A); Creative Services Investor Relations Internal Communications Hiring/Training Professional Alston & Bird Compliance) (Regulation of Suppliers Corporate Governance E Commerce Procurement Management Services (Legal) Ana Botín (G,F Application Development Food and Water, Nutritive and Maria Elena Lagomasino (G); Executive (E); Internal Audit Public Affairs Talent & Development Beverages) Water Suppliers Marketing Research Non-Nutritive Christopher C. Davis (F,T) (G,M,T) Finance (F); Operations Manufacturing Ernest & BlackRock Wholesaler Relations Financial Strategy Sustainability Employee Relations (Water) Management (M); New York Sweeteners, Juice Barry Diller (G,E,F,M) James Quincey (E) Network Management Media Management Young (46.58%) US & China and Juice Public Policy Tax Digital Communications Compensation and Benefits (Audit) Stock Attorneys Helene D. Gayle (P,T) Caroline Tsay (A,P) (P);Talent (T) Technical Training Suppliers Concentrate and Promotions Media Relations Health & Safety Exchange General and Legal Business Management Customer Service (Listing and (High Fructose Business Systems Management Squire Patton State Street Trade Packaging Supplies Management Team y Maintenance Corn Syrup Brian Smith, President and COO Planning Merchandising/Licensing Litigation Strategic Planning Account Management Boggs Regulators (For Coca-Cola’s James Quincey, Chairman and CEO Sales Analysis (3.99%) Requirements) Supplies) Finished Products Supplier Relations (Lobbying) (Anti-Trust Law Manuel Arroyo, Global Chief Marketing Officer Help Desk Business) Lisa Chang, SVP, CPO SAP Enterprise Resource Contract Management Business Development Enforcement and Tate & Lyle Category Management Bradley M. Gayton Beatriz Perez, SVP and Global Chief of Planning System Investor & Media Relations WPP Wellington Promotion of PLC (Sucrose and Sales Executive Concentrate Distribution IP Management Business Tracking & Metrics Customers SVP and Global General Counsel Communications, Sustainability and Strategic (Advertising) Consumer Sucralose) Database Management Channel & Customer Data Analytics Management Robert Long Partnerships Management Finished Product Governance Administration (2.32%) Protection) Account Executive Product Forecasting NutraSweet SVP and Chief Innovation Officer Nancy Quan Infrastructure Systems Distribution Retailers Support Compliance Facilities Management (Aspartame) John Murphy, EVP, CFO SVP and Chief Technical and Innovation Officer Logistics Efficiency Marketing Asset Vending Institutional Patent, Management Cutrale Citrus Jennifer Mann Barry Simpson Quality Assurance Distributor Relations Logistics Labor and Employment Law Aviation Sales Performance Machine Ownership Copyright and SVP and President of Global Ventures Juices U.S.A. SVP and Chief Platform Services Officer Owners 68.2% Trademark (Orange Juice and Offices Concentrate) Operations Finished Beverage Distributors (Intellectual Ball Product Sales (Fountain Property Water, Nutritive and Syrup in US only) Europe, Middle East and Wholesalers Registrations) Corporation Non-Nutritive Flagship MarketNorth America Latin America Asia Pacific Global Ventures Bottling Investments Group (BIG) (Aluminum Bottles Sweeteners, Juice 2020 Revenue: $11.91B (34.7%) 2020 Revenue: $4.11B (10.6%) Africa 2020 Revenue: $4.72B (12.8%) 2020 Revenue: $2.56 B (6.0%) 2020 Revenue: $7.44 B (19.0%) and Cans) 2020 Revenue: $7.05B (16.8%) and Juice Finished Beverage Environmental Crown Cork Concentrate and Key Segment Data Key Segment Data Key Segment Data Key Segment Data Key Segment Data Key Segment Data Product Sales and Seal BIG’s strategy: (1) identify bottling franchises Protection Packaging Supplies that are improvable and need financial aid Retailers (Aluminum Bottles Operating Margin: 21.5% Operating Margin: 60.5% Operating Margin: 59.9% Operating Margin: 50.6% Operating Global Venture’s Purpose Costa Coffee & innocent Operating Agency and support, (2) Invest capital, leadership, License to Distribute (Regulation and and Cans) Margin: Globally scale brands, comprise 90% of Global Margin: and resources and (3) sell to a qualified Monster Beverages Under Permitting 370M+ Consumers 650M+ Consumers 2.8B+ Consumers 4.0B+ Consumers (6.2%) acquisitions, and partnerships Ventures’ revenue 4.9% bottler after operations have been stabilized Verallia Distribution and Monster Regarding Air and (Glass Bottles) Water Pollution, Distribution Coordination Beverage Unit Case Volume by Category Unit Case Volume by Category Unit Case Volume by Category Unit Case Volume by Category Focused Brands Geographic Footprint Disposal of Indorama Agreements Corporation 100% ownership of second largest coffeehouse Hazardous Waste, Ventures Coca-Cola: 46% Coca-Cola: 58% Coca-Cola: 55% Coca-Cola: 33% Significant chain in the world serving coffee, tea, and Cleanup of (PET / Plastic North America Hydration, Sports, Coffee and Tea: Hydration, Sports, Coffee and Tea: Sparkling Flavors: 26% Sparkling Flavors: 30% sandwiches, sweet snacks and iced drinks Contaminated Resins, Preforms, Bottling 23% 20% Sites) Bottles and Hydration, Sports, Coffee and Tea: Hydration, Sports, Coffee and Tea: ~19% equity investment in Monster Beverage Key Company Data Closures) Partners Sparkling Flavors: 19% Sparkling Flavors: 16% 14% 29% Company; earns fees by distributing Monster drinks in the United States, Canada and in (as of 12/31/2020) Steel Suppliers Nutrition, Juice, Dairy and Plant: 13% Nutrition, Juice, Dairy and Plant: 6% Nutrition, Juice, Dairy and Plant: 5% Nutrition, Juice, Dairy and Plant: 8% Attorneys other markets overseas under distribution Coca-Cola markets, manufactures and sells two products: (Steel Bottles and coordination agreements beverage concentrates and syrups, including fountain General and Cans) 4 of the World’s Top 5 Nonalcoholic Sparkling Soft Drink Brands Unit Case Volume by Operating Unit Case Volume by Operating Data Privacy 90%+ ownership of company that syrups (”Concentrate Business”), and finished sparkling soft Unit Unit produces smoothies and juice sold in Agencies Other Suppliers drinks and other non-alcoholic beverages (“Finished (Aseptic Fiber Africa: 27% Greater China and Mongolia: 42% supermarkets, coffee shops and various Product Business”). (Data Protection Packaging, Labels, other outlets in the UK Regulation) Europe: 50% ASEAN and South Pacific: 28% Cases, Cartons, 20.1% ownership of Turkish herbal tea Share Information Financial Highlights Postmix Packaging, Eurasia and Middle East: 23% Japan and South Korea: 17% brand company that produces smoothies and Carbon and juice sold in supermarkets, coffee NYSE Ticker Income Statement Dioxide) INSWA: 13% shops and various other outlets in the UK Symbol: KO Revenue: Other Non- Share Price: $49.97 $33.01B Nutritive Beverage Brands (3/3/21) Sales of Concentrates, Sparkling Soft Drinks (69% of Worldwide Sales Volume) Water, Enhanced Water and Sports Drinks Juice, Dairy & Plant-Based Tea & Coffee FUZE TEA Ayataka Cost of Goods Sold: Sweetener Owned and Marketed Annual Dividend: Suppliers Syrups, and Finished $13.43B by Coca-Cola Coca-Cola Sprite Fresca Thums Up Fanta Aquarius Dasani Ice Dew Powerade AdeS fairlife Minute Maid Simply Gold Peak Georgia HONEST TEA $1.64 (Aspartame, Beverages Acesulfame Diet Coke/Coca-Cola Light Coca Cola Zero Sugar Schweppes Ciel glacéau smartwater I LOHAS Topo Chico Del Valle innocent Minute Maid Pulpy Costa Doğadan Kochakaden Basic Earnings Per Selling General and Potassium, Share: $1.79