Coca-cola Europacific Partners Plc · NASDAQ:CCEP
Coca-cola Europacific Partners — Non-Deal Roadshow (September 2025)
41 slides from Coca-cola Europacific Partners's roadshow presentation, September 2025
Slide 1: Investor Relations NDR September 2025
Investor Relations NDR September 2025
Slide 2: Forward looking statements
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, divestitures, strategy
Slide 3: CCEP at a glance
31 Countries 90Sites 41k 600m Colleagues >€21bn Revenue1 Consumers1 €2.7bn >4m 3.9bn Operating profit1 Customers Volume (unit cases)1 1 FY24 3
Slide 4: Classification - Internal
Classification - Internal 4 4
Slide 5: Our journey
Our journey 1919 2013 2017 2021 2024 CCEP announces Coca-Cola European Partners CCEP acquires Europe welcomes the first Coca-Cola Iberian sustainability action plan, completes the acquisition of Coca-Cola Beverages Coca-Cola bottling plants Partners is created Coca-Cola Amatil – creating to Europe:
Slide 6: Proven track record of delivery & value creation
Proven track record of delivery & value creation TSR4 >160% MAY 2016 MAY 2021 FEB 2024 Merger & formation CCEP completed CCEP completed joint acquisition of of CCEP acquisition of Coca-Cola Beverages Philippines, Inc. Coca-Cola Amatil alongside Aboitiz Equity Ventures Inc. Total Returns ~€7bn 13 cou
Slide 7: Mid-term objectives
Mid-term objectives 1 Comparable Revenue Operating free cash flow3 growth 2 profit growth 2 at least ~4% ~7% €1.7bn p.a. Net Debt: Capex Comparable ROIC Dividend comparable EBITDA up~50bps p.a. ~4-5% payout ratio5 2.5x – 3.0x of revenue4 ~50% 1. Non-IFRS performance measures - refer to slide 2 2. Co
Slide 8: Drivers of growth
Drivers of growth Unbeatable consumer Matched Brought to market & customer insights by the world's best with the largest sales we know where to play brand & innovation force & superior & how to win portfolio WCKAM? Accelerated value creation & category growth with RMGM"', leveraging Al, data & insig
Slide 9: Delivering on our growth strategy
Delivering on our growth strategy Supported by solid alignment with TCCC & our brand partners Leading retail value creator ~€7.8bn 2 235% TSR Solid cash returns top & bottom-line €6.2bn since 2016 since 2016 3 growth since 2016 1 Unwavering commitment to stakeholder value creation NARTD Productivity
Slide 10: Addressable markets
Addressable markets Large & growing across diverse & resilient channels NARTD total value ARTD Europe €170bn 2024 1 CAGR 3-4% CAGR 2-3% €9bn CAGR HSD 1 2025-28 Institutions 1% 2024 2025-28 Other Leisure 4% 9% QSR Hypers/ AP 6% Supers CAGR 4-5% 34% NARTD 2024 HOT COFFEE combined channel HoReCa value
Slide 11: We aim to grow ahead of the market & grow value share
We aim to grow ahead of the market & grow value share NARTD 2024-2028 CAGR1 2024 CATEGORY SHARE2 Carbonates 66 LSD ~61% Hydration €9b1 41 LSD ~4% 2024 CAGR HSD Energy value share 22 HSD ~23% ~15%3 Advanced Hydration 4 HSD ~39% ARTD RTD Tea 9 MSD ~11% €5b4 2024 CAGR HSD RTD Coffee 4 LDD ~2% value sha
Slide 12: Classification - Internal
Classification - Internal 12
Slide 13: Focus areas to accelerate growth in CCEP's next phase
Focus areas to accelerate growth in CCEP's next phase Bolder moves on Coke Original Taste & Diet Consumer environment Sports, RTD tea & Stronger portfolio options Coke to drive category stabilising with a stronger energy accelerating growth e.g. ARTD & Zeros volume growth in push in AFH Europe Bigge
Slide 14: Coca-Cola trademark
LEVERAGING DIGITAL & AI Exciting new collaborations Value Share1 The World Needs More Santas, Share a Coke ~80% Original Taste ~65% Lights English Premier League football COCA-COLA Star Wars TRADEMARK MORE FROM THE CORE 1 Global Data FY24 FLAVOUR EXTENSIONS REINFORCING DIET COKE Across Original Tast
Slide 15: Fanta / Royal, Sprite & friends
Value OCCASION-BASED MARKETING LEVERAGING PASSION POINTS Share1 Fanta Halloween activation Music experiences & spicy food rituals ~35% FANTA / ROYAL, SPRITE & FRIENDS SUPERCHARGE FLAVOURS DRIVING TASTE SUPERIORITY, REINFORCING GEN-Z RELEVANCY 1 Neilsen FY24 FLAVOUR, & ZERO EXTENSIONS Fanta XBOX & Ro
Slide 16: Sports
Value FUELLING ADDITIONAL GROWTH ENGAGING AT PASSION POINTS Share1 Increasing per capita consumption Australia POWERADE x Sweat Live Workout & exciting ~40% collaborations 2024 Europe 2024 TCCC transaction growth(b) per capita consumption3 SPORTS ~2x ~40% vs. 2024 Europe volume growth2 Europe Austra
Slide 17: Ready-to-drink tea
Value INNOVATING TO DRIVE SCALE CONSUMER AUTHENTICITY Share1 Extending flavours & Zero Sugar Made of Fusion >10% READY-TO- DRINK TEA EXPAND AND ENHANCE TARGETED 1 Global Data FY24 DRINKING OCCASIONS NEW MARKET EXPANSIONS Activating Fuze Tea with breaks & meals Launch in Spain & Portugal 17 Classifie
Slide 18: Energy
Evolved from functional Driving NARTD growth Monster growing to mainstream & category significance ahead of the category PIONEERS Value growth YoY 1 Energy +149% share of NARTD ENERGY MONSTER ENERGY Value growth vs 2015 Over 3x faster than NARTD value 24.2% ACCEPTERS 20.7% total NARTD 1 19.3% 16.4%
Slide 19: Energy
Value Share1 ~23% USA ENERGY PER CAP (8OZ EQ) LOW/NO CAL 40.1 0.3 ENERGY 1999 2003 2007 2011 2015 2019 2023 Significant household Huge existing Expand & accelerate growth opportunity per cap opportunity2 choice & availability BRIGHT ▴ FUTURE AFH-DISTRIBUTION INNOVATION OCCASIONS, CHANNELS & MULTIPAC
Slide 20: ARTD is growing in a wider category under pressure
ARTD is growing in a wider category under pressure Alcohol declining reflecting shift towards low/no alcohol ARTD fastest growing segment within alcohol? Total channel’ 24 vs. 23 in €b (—Y Bubbles = size in value €bn Total NARTD Hot Tea/ || Other NRTD on) beverages Hot Coffee Absolute Value Growth 2
Slide 21: Replicating the 5 key strategies
Value share1 ~4% ARTD Innovation Behave Cold & flavour like beer is WINNING expansion (offer, pack sold & occasion) FORMULA Create Own the consumption shop experience floor Replicating the 5 key strategies in EU & Philippines 21 1. Australian ARTD market category vision
Slide 22: The MOREs in action
The 4 MOREs in action Retail MORE OFTEN Maximise traditional, retail & social media to trigger shoppers’ interest Increase visibility in key touchpoint areas wa Activations via e-commerce platforms CY EUROPACIFIC PARTNERS: Leveraging affordability Drive impulse leveraging chilled ue availability > &
Slide 23: The MOREs in action
The 4 MOREs in action BARECA MORE PEOPLE MORE ME MORE VALUE Occasion Premiumise strategic packs for i Value promotions Loyalty programme & activation via ‘i pepainniendiation enhanced experience Ga combo deals -—" Sncentives, | WAPPYiGUR) Occasion-based communications on social media & digital promp
Slide 24: Creating value with our RMGM capability
Creating value with our RMGM capability Affordability &S Premiumisation & Mix Pricing & Promo = PET affordability plan: 2.5x faster revenue growth 1.25L (<€ 1.50) & 2L (€1.99) of sparkling small packs' ox Price elasticity 1 © Growth in VOL & x3 reviews 4s. NSR in 8 years* ” 10x200m! MINI launched Re
Slide 25: Indonesia: short-term impacted by weaker macro, continued focus on long-term opportunity
Indonesia: short-term impacted by weaker macro, continued focus on long-term opportunity External market impacts Focused on long-term opportunity Further network optimisation Logistics transformation continuing with Bali now underway Macro Household volatility consumption Driving efficiency & scalab
Slide 26: Unlocking more value with Tech & AI
Unlocking RED One KAM 360 Up We Go more Data-driven field sales tool key account management new eB2B platform value with Tech & AI Smart execution & growth Supports world class Pilot recently launched with customers customer partnering in Spain Data & analytics supports; Data-led planning, execution
Slide 27: Business transformation: The CCEP way
Business transformation The CCEP way with 3 major platforms People One One One Process Reporting Next Salesforce Business Analytics Generation Front-Office Capability Platform SAP Platform Programme Data Technology … A F U L LY I N T E G R AT E D O N E C C E P W I T H F U T U R E - P R O O F E D & H
Slide 28: Classification - Internal
Classification - Internal 28
Slide 29: Next phase of efficiencies delivering earlier than plan
Next phase of efficiencies delivering earlier than plan Enabled by digital tools, data & analytics Harmonising Optimising our Centres of Plan delivers €350-400m by & standardising network expertise 2028, & remains on track best practice to to serve to accelerate simplify our customers in most best-i
Slide 30: Classification - Internal
Classification - Internal 30
Slide 31: Global footer [Insert > Header & Footer] Classification – Internal
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Slide 32: Classification - Internal
Classification - Internal 32
Slide 33: Consistent & disciplined focus on capital allocation
Consistent & disciplined focus on capital allocation Strong cash generation & balance sheet provides flexibility Growth & productivity focused investment Sustainable cash generation supporting strong & flexible Optionality for acquisitions balance sheet strong track record of value accretive M&A Str
Slide 34: Delivering future shareholder returns
Delivering future shareholder returns 1 Returns underpinned by revenue, profit & cash Growth Revenue ~4% 2 HSD% Operating profit ~7% 2 Efficiency savings & 4-5% 2-3% productivity growth EUROPE AP SEA Cash Free cashflow Debt ROIC Comparable 2.5-3.0x Targeting increase of FCF of 3 net debt / EBITDA ~5
Slide 35: FY25 updated guidance
FY25 updated guidance 1, 2, 3 Revenue: growth of 3% to 4% (previously ~4%) Cost of sales per unit case: growth of ~2% Operating profit: growth of ~7% Comparable effective tax rate: ~26% Capex: ~5% of revenue 4 Comparable free cash flow: at least €1.7bn Dividend payout ratio: ~50% 5 Share buyback: €1
Slide 36: Upcoming events and Investor Relations contacts
Investor Relations contacts Upcoming events Sarah Willett Vice President Sarah.Willett@ccep.com 05 Nov 2025: Q3 Trading Update Matt Sharff Director M.Sharff@ccep.com Further information Dimitar Todorchev Manager dtodorchev@ccep.com Website: www.cocacolaep.com 36
Slide 37: Appendices
Appendices 37
Slide 38: Global footer [Insert > Header & Footer] Classification – Internal
3 Global footer [Insert > Header & Footer] Classification – Internal 8 38
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3 Global footer [Insert > Header & Footer] Classification – Internal 9 39
Slide 40: 'This is Forward', our sustainability action plan
‘This is Forward’, our sustainability action plan We are decarbonising our entire business & value chain We have short & long term targets to reduce our greenhouse gas emissions & reach net zero by 2040. These targets cover our entire value chain & have been approved by the Science Based Targets ini
Slide 41: Strong, trusted & aligned relationship with TCCC
Strong, trusted & aligned relationship with TCCC Strong Alignment Product bottling Shared vision to drive Trademark owners value growth Sales & distribution Concentrate supply Aligned financial plans & incentives Customer management Brand & portfolio Joint investment mindset development In outlet ex
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