The Coca-Cola Company (KO) Proxy Filing summary

Executive summary

• Annual meeting scheduled for April 29, 2026, to be held virtually, with voting on directors, executive compensation, auditor ratification, and five shareholder proposals.

• 2025 financial highlights include 2% reported net operating revenue growth, 38% operating income growth, and 23% EPS growth versus 2024.

• CEO transition planned for March 31, 2026, with Henrique Braun succeeding James Quincey, who will become Executive Chairman.

• Strategic priorities focus on brand portfolio expansion, digital transformation, sustainability, and talent development.

Voting matters and shareholder proposals

• Board recommends voting FOR all 12 director nominees, executive compensation, and auditor ratification.

• Board recommends voting AGAINST all five shareholder proposals: sustainability committee by-law amendment, plastics packaging report, diversity and inclusion report, ingredient risk report, and increased sustainability disclosure.

• Shareholders can vote online, by phone, mail, or during the virtual meeting.

Board of directors and corporate governance

• Board consists of 12 nominees, 10 of whom are independent; robust mix of skills, experience, and diversity.

• Board refreshment ongoing, with six new directors in the past five years.

• Lead Independent Director role with significant oversight responsibilities.

• Annual board and committee evaluations drive governance improvements.

• Shareholder rights include proxy access, special meeting rights, and majority voting with resignation policy.