Keurig Dr Pepper (KDP) AGM 2024 summary

Opening remarks and agenda

• Meeting opened with a welcome and explanation of online participation and voting procedures.

• Introduction of Board members, executive team, and key meeting participants, including the auditor and Inspector of Election.

• Confirmation that notice of the meeting was duly given and quorum established.

• Overview of the meeting agenda and reference to materials available online.

Board and executive committee updates

• Board members and executive officers were introduced, highlighting their backgrounds and roles.

• Auditor and Inspector of Election were present to oversee proceedings.

Shareholder proposals

• Four proposals were presented: election of directors, advisory vote on executive compensation, ratification of auditor, and a shareholder proposal on plastic packaging.

• Shareholder proposal requested additional reporting and action on reducing single-use plastic packaging, citing regulatory and environmental risks.

• The proposal highlighted recent increases in plastic use and called for measurable goals and transparent reporting.

• Board recommended voting against the shareholder proposal, supporting the other three.