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 Bond Listing Rules Securities Public Debt Debt ($31.76 B @ 12/31/2019) Credit Ratings for Long-Term Debt: Fitch (A), Moody’s (A1) and S&P (A+) Equity Financing 2031 1.25% Senior Notes (842M) Regulators Holders 2021 0% Senior Notes (1.12B) 2026 1.875% Senior Notes (1.34B) Common Stock Repurchases 2023 0.75% Senior Notes (1.68B) Common Stock Common Stock Common Stock Significant Working Capital Floating Rate Notes (842M) 0.75% Senior Notes (1.12B) Equity Capital 2035 1.625% Senior Notes (1.68B) Shares Issued: Shares Outstanding: Shareholders Financing Shares Authorized: US Securities Commercial 2022 1.125% Senior Notes (898M) 11.2 B 7.04 B 4.29 B & Exchange Federal & State 2024 0.5% Senior Notes (561M) 2027 1.125% Senior Notes (1.68B) 2036 1.1% Senior Notes (561M) Berkshire Regulators Banks 0.125% Senior Notes (1.12B) Commission Federal Food, Hathaway Drug, and Professional (9.31%) Governance Services NYSE Food and Drug Cosmetic Act IT, Engineering, Science & R&D Marketing & Brand Management Sales & Account Management Supply Chain Business Management, Planning & Administration Corporate Matters Professional Administration Board of Directors David B. Weinberg Services Vanguard Herbert A. Allen (E,F,M) Alexis M. Herman (P,T) (A,M) Product Development Advertising Retail Accounts Bottler Relations Finance & Accounting Communications Human Resources Group Alston & Bird (7.16%) Federal Trade Marc Bolland (A,P Bobby Kotick (F,M) Committees: Audit (A); Packaging Innovation Investor Relations Internal Communications Hiring/Training Creative Services Procurement Management (Legal) Commission Corporate Governance E Commerce Ana Botín (G,F Maria Elena Lagomasino Capital Act (G); Executive (E); Application Development Internal Audit Public Affairs Talent & Development Chris Davis (F,T) (G,M,T) Finance (F); Marketing Research Manufacturing Ernest & Research & Operations Financial Strategy Sustainability Employee Relations Management (M); Wholesaler Relations Management Young Mgmt. Use of Water Barry Diller (G,E,F,M) James Quincey (E) Latham Act Public Policy Network Management Media Tax Digital Communications Compensation & Benefits (Accounting) (5.41%) Resources and Helene D. Gayle (P,T) Caroline Tsay (A,P) (P);Talent (T) Health & Safety Environmental Discharge of Technical Training Promotions Media Relations Legal Business Management Customer Service Squire Patton Management Team Management SSgA Funds Protection Waste Water John Murphy, EVP, CFO Real Estate Strategic Planning Account Management Boggs Manuel Arroyo, CMO Business Systems Merchandising/Licensing Mgmt. Agency Planning Sales Analysis (Lobbying) Beatriz Perez, SVP, CCO Supplier Relations Help Desk (4.27%) Lisa Chang, SVP, CPO Contract Management Business Development Category Management California Nancy Quan, SVP, CTO SAP Investor & Media Relations WPP James L. Dinkins, SVP, President of Sales Executive Concentrate Distribution IP Management Business Tracking & Metrics Customers Wellington Consumer Coca-Cola North America (Advertising) Ingredient James Quincey, Chairman, CEO Database Management Channel & Customer Data Analytics Mgmt. Co. Privacy Act of Suppliers High Fructose Corn Nikos Koumettis, President of Europe, Management Finished Product Subsidiary Management Administration Infrastructure Systems Product Forecasting (2.39%) 2018 Middle East and Africa Group Alfredo Rivera, President of Latin America Group Account Executive Distribution Retailers Syrup (US Only) Support Securities Compliance Facilities Management US & China Robert Long, SVP, CIO Barry Simpson, SVP, CIO Marketing Asset Logistics Efficiency BlackRock Sucrose Vending Suppliers Jennifer K. Mann, SVP, President of Quality Assurance Management Distributor Relations Logistics Employment Law Aviation Fund Competition (Outside US) Brian Smith, President, COO Sales Performance Machines Laws Global Ventures Advisors (2.21%) Tate & Lyle Sucralose Distributors PLC Operations Finished Products Institutional Foreign (Fountain Syrup in US only) North America Latin America Europe, Middle East and Africa Asia Pacific Global Ventures Bottling Investments Group (BIG) Wholesalers Ownership Regulators NutraSweet Aspartame 2020 Revenue: $11.91 B (31.9%) 2020 Revenue: $4.11 B (11%) 2020 Revenue: $7.05 B (17.3%) 2020 Revenue: $4.72 B (12.7%) 2020 Revenue: $2.56 B (6.9%) 2020 Revenue: $7.44 B (19.9%) 68% Key Segment Data Key Segment Data Key Segment Data Key Segment Data Key Segment Data Key Segment Data Finished Products EU’s General Orange Juice Cutrale Citrus Retailers Data 360 M Consumers 650 M Consumers 2.2 B Consumers 4.5 B Consumers Juices U.S.A Industry Retail Industry Retail Industry Retail Industry Retail Global Venture’s Purpose BIG’s Strategy Protection Value: $300 B Value: $90 B Value: $260 B Value: $350 B Globally scale acquisitions, brands, 1. Acquire improvable bottling operations Regulation Flagship Market 39 Markets 130 Markets 32 Markets and partnerships y 2. Invest capital, leadership, and resources Packaging 3. Stabilize bottling operations Key Company Data Suppliers Sales by Category Sales by Category Sales by Category Sales by Category 4. Refranchise to a qualified bottler Share Information Expenses Aluminum Cans Sparkling Soft Drinks: 64% Sparkling Soft Drinks: 74% Sparkling Soft Drinks: 78% Sparkling Soft Drinks: 61% Costa Coffee & innocent comprise of Ball 90% of Global Ventures’ revenue Corporation Hydration: 17% Hydration: 18% Hydration: 14% Hydration: 24% NYSE: KO Cost of Goods Big Bottler Sold: $14.6B Aluminum Cans Juice, Dairy, & Plant-Based: 13% Juice, Dairy, & Plant-Based: 6% Juice, Dairy, & Plant-Based: 6% Juice, Dairy, & Plant-Based: 8% Current Share Price: Cork and Seal India Tea & Coffee: 6% Tea & Coffee: 2% Tea & Coffee: 2% Tea & Coffee: 7% Focused Brands Dividend: $0.41 Other $4.78 B Cambodia Bangladesh Glass Bottles Earnings Per Advertising: $4.24 B Verallia Sales by Region Sales by Region Sales by Region Sales by Region Costa Coffee Share: $0.64 Business Model: Coffee Retail, Food Malaysia Myanmar USA: 95% Mexico: 47% Western Europe: 30% Greater China & Korea 43% Selling & Distribution: Service, and RTD Economics: Full P & L Nepal Oman $2.87 B Indorama Plastic Central & Eastern Europe: 22% ASEAN 23% Assets Canada 5% Brazil 22% Ventures MENA: 19% Philippines Singapore India & South West Asia 16% Total: $86.38 B Monster Energy Liabilities South Latin 17% South & East Africa: 13% Sri Lanka Vietnam Goodwill $16.76 B Japan 13% Business Model: Distribution Turkey, Caucasus, & Central Africa: 10% Coordination Agreements Total Current: $26.97 B Equity Method Latin Center 14% South Pacific 5% Economics: Fees West Africa: 6% Coca Cola Beverages Africa Investments $12.02 B Long Term Debt: $27.5 B Property, Plant, Key Regional Brands Key Regional Brands Key Regional Brands Key Regional Brands innocent Ghana Uganda Accounts Payable & & Equipment: $10.8B Accrued Expenses: $11.31B Coca-Cola Honest Tea Costa Coffee (UK) Business Model: Finished Goods, Ciel (Mexico) Georgia Coffee (Japan) Juices & Smoothies Zambia Tanzania Indefinite Trademarks: Loans & Notes Sprite Smartwater Economics: Full P&L Namibia Ethiopia $9.26 B Payable: $10.99 B Significant AdeS Doğadan (Turkey) I LOHAS (Japan) North America Fanta Dasani Cash: $6.48B Packaging Doğadan Botswana Mozambique Current Maturities of Bottling Business Model: NRTD Tea Long Term Debt: $4.25 B fairlife Simply Del Valle Georgia Coffee (Middle East) Ayataka (Japan) Partners Economics: Full P & L Kenya South Africa Concentrates, Major Acquisitions Syrups, & Finished Acquired Costa for $4.9 B Resources Coca-Cola Properties Properties Properties Properties Properties Properties Beverages 86,000 Employees Consolidated Acquired remaining Concentrate and/or Syrup Plants Concentrate and/or Syrup Plants Concentrate and/or Syrup Plants Concentrate and/or Syrup Plants Concentrate and/or Syrup Plants Concentrate and/or Syrup Plants 57.5% interest in fairlife 105 Offices (11 Owned) (5 Owned) (6 Owned) (6 Owned) (1 Owned) (0) Promotion & Acquired remaining 60% Swire Marketing Manufacturing/Bottling Plants Manufacturing/Bottling Plants Manufacturing/Bottling Plants Manufacturing/Bottling Plants Manufacturing/Bottling Plants Manufacturing/Bottling Plants interest in C.H.I. 200 Different Countries Services (9 Owned; 1 Leased) (0) (0) (0) (1 Owned) (87 Owned; 7 Leased) Limited for $257 M Coca-Cola Distribution & Storage Warehouses Distribution & Storage Warehouses Distribution & Storage Warehouses Distribution & Storage Warehouses Distribution & Storage Warehouses Distribution & Storage Warehouses (38 Leased) (2 Owned; 3 Leased) (25 Leased) (2 Owned) (1 Leased) (101 Owned; 97 Leased) Beverages Revenue by Operations Florida Retail Stores (0) Retail Stores (0) Retail Stores (12 Leased) Retail Stores (0) Retail Stores (1,718) Retail Stores (0) Concentrate Operations Key Brands Great Lakes Sparkling Soft Drinks Hydration POWERADE Juice, Dairy & Plant-Based Tea & Coffee Fuze Tea Ayataka Net Operating Revenue: $20.49 B (55%) Coca-Cola Comprehensive Worldwide Unit Case Volume: 83% Bottler Agreements 500+ Total Brands Coca-Cola Fresca I LOHAS Fanta Dasani Smartwater Ciel Aquaris Fairlife Simply Gold Peak Georgia Coffee Honest Tea (CBAs)