Coca-Cola HBC AG Announces the election of a new member of the board of directors, the composition of the board committees and dividend dates

Coca-Cola HBC AG (“Coca-Cola HBC” or the “Company”) today announces the proposed election of a new member of its board of directors (the “Board”); the composition of Board committees and the dividend dates.

Change to board of directors

Following the recommendation of Coca-Cola HBC’s Nomination Committee, the Board has proposed Mr. Zoran Bogdanovic for election at the Company’s annual general meeting (“AGM”) on 11 June 2018 as an executive member of the Board, with effect from the same date. 

Other than the information set out in this announcement, no further information is required to be disclosed pursuant to the UK Financial Conduct Authority’s Listing Rule 9.6.13.
This announcement is made pursuant to Listing Rule 9.6.11.

A brief biography for the proposed new executive director is set out below:
Zoran Bogdanovic
Mr. Bogdanovic was appointed as Chief Executive Officer in December 2017. Prior to this appointment, he was a Region Director and member of Coca‑Cola HBC’s Operating Committee since 2013. Mr. Bogdanovic joined the Company in 1996 and has held a number of senior leadership positions, including as General Manager for the operations in Croatia, Switzerland and Greece.

Board Committees 

Subject to the election of the proposed members of the Board at the AGM and effective
immediately after the AGM on 11 June 2018, the Board has resolved that the composition of the
Board Committees will be as follows:

Audit Committee:          
William (Bill) W. Douglas III (Chair)
John P. Sechi
Olusola (Sola) David-Borha
 
Nomination Committee:             
Reto Francioni (Chair)
Charlotte J. Boyle
Alexandra Papalexopoulou
 
Remuneration Committee:        
Alexandra Papalexopoulou (Chair)
Charlotte J. Boyle
Reto Francioni
 
Social Responsibility Committee:
Anastasios I. Leventis (Chair)
Alexandra Papalexopoulou
José Octavio Reyes
 

Dividend dates

The Board has proposed to declare a gross dividend of EUR 0.54 on each ordinary registered share with a par value of CHF 6.70 out of the general capital contribution reserve. Subject to approval of the dividend by the Company’s shareholders at the AGM on 11 June 2018, the Board currently anticipates that the dividend will be paid on 24 July 2018 to holders of ordinary shares on the record date of 29 June 2018. The shares are expected to be traded ex-dividend as of 28 June 2018, in which case the last day on which the shares may be traded with the entitlement to receive dividends will be 27 June 2018.