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ZUG, Switzerland - Coca-Cola HBC AG, a leading bottler of The Coca-Cola Company (NYSE:KO), announced that its Annual General Meeting (AGM) is scheduled for Friday, May 23, 2025. The meeting will address several key points, including the retirement of two long-standing board members, the election of new directors, and the approval of a proposed dividend.
The company confirmed that non-executive directors William W. Douglas III and Reto Francioni are set to retire at the conclusion of the AGM after nearly nine years of service. In their stead, the Board proposes the election of Stavros Pantzaris and Pantelis ("Linos") D. Lekkas as new non-executive members. Pantzaris brings expertise in leadership from his roles in various business and industrial federations, while Lekkas offers extensive experience in investment banking. Their appointments will take effect immediately following the AGM, subject to election.
Additionally, shareholders will vote on the declaration of a dividend of EUR 1.03 per share, initially announced on February 13, 2025. The dividend is set to be paid on June 24, 2025, to shareholders on record as of May 30, 2025.
The AGM agenda includes the receipt of the 2024 Integrated Annual Report, approval of the annual management report, financial statements, and non-financial report, as well as the election of auditors and advisory votes on remuneration reports and policies.
The formal notice of the AGM, along with detailed agenda items and proposals, has been published in the Swiss Official Gazette of Commerce and is available on Coca-Cola HBC’s website, as well as for inspection at the National Storage Mechanism.
This forthcoming AGM and the related corporate updates reflect Coca-Cola HBC’s ongoing governance and shareholder engagement processes. The information provided here is based on a press release statement from Coca-Cola HBC AG.
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