Done sustainably, | --- | --- | --- | --- | |-------|--------------------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Results for the | | | | | Six Months Ended 30 June 2023* | | | | | | | | | | 2 August 2023 *Unaudited | | | 1. those set forth in the "Risk Factors" section of CCEP's 2022 Annual Report on Form 20-F filed with the SEC on 17 March 2023 and as updated and supplemented with the additional information set forth in the "Principal Risks and Risk Fac ...

Summary of Coca-Cola Europacific Partners PLC H1 2023 Earnings Conference Call Company Overview - **Company**: Coca-Cola Europacific Partners PLC (NASDAQ: CCEP) - **Date of Call**: August 2, 2023 - **Participants**: CEO Damian Gammell, CFO Nik Jhangiani, and various analysts from investment firms Key Points Financial Performance - **Revenue**: Total revenue reached €9 billion, an increase of 10.5% compared to the previous year [15] - **Operating Profit**: Comparable operating profit was €1.2 billion, up 13% [15] - **Earnings Per Share**: Comparable diluted earnings per share increased by 17% to €1.85 [15] - **Free Cash Flow**: Generated €850 million in free cash flow during the first half [16] - **Dividend**: Declared a first half interim dividend of €0.67 per share [16] Market Dynamics - **Volume Growth**: Overall reported volume increased by 1%, with strong performance in Europe (4% growth in away-from-home channel) [17] - **Pricing Strategy**: Revenue per unit case grew by 10%, driven by effective pricing strategies and promotional optimization [18] - **Geographic Performance**: Strong growth in Europe and Australia/New Zealand, while Indonesia faced a 5.5% volume decline due to SKU rationalization [17][18] Strategic Initiatives - **Acquisition**: Proposed acquisition of Coca-Cola Beverages Philippines for an enterprise value of approximately $1.8 billion, expected to enhance geographic footprint and market presence [25][33] - **Sustainability Focus**: Continued commitment to sustainability, including the use of 100% recycled PET bottles in Indonesia and clear bottles for Sprite [11][12] - **Innovation**: Ongoing investment in product innovation, particularly in low and no-calorie beverages and energy drinks [9] Future Guidance - **Revenue Growth**: Upgraded full-year revenue growth guidance to 8%-9%, up from 6%-8% [19] - **Operating Profit Growth**: Expected operating profit growth of 12%-13%, an increase from previous guidance of 6%-7% [23] - **Cost of Goods Sold**: Anticipated increase of around 8% in COGS per unit case, with commodity inflation expected to be around 8% [21][22] Market Opportunities - **Philippines Market**: The NARTD category in the Philippines is valued at around $8 billion, with a growth rate of approximately 10% per annum, presenting significant opportunities for CCEP [27][28] - **Consumer Trends**: Increasing consumer interest in low and no-sugar options, energy drinks, and alcoholic ready-to-drink products [27] Operational Insights - **Employee Engagement**: High employee engagement scores and commitment to diversity and inclusion initiatives [6] - **Supply Chain Investments**: Investments in state-of-the-art production lines and digital capabilities to enhance operational efficiency [7] Risks and Considerations - **Inflationary Pressures**: Ongoing inflation affecting margins, with a focus on maintaining affordability for consumers [20][52] - **Market Volatility**: The dynamic external environment requires continuous adaptation to consumer needs and preferences [21] Conclusion Coca-Cola Europacific Partners PLC demonstrated strong financial performance in H1 2023, with significant revenue and profit growth. The proposed acquisition of Coca-Cola Beverages Philippines is expected to enhance market presence and drive future growth. The company remains focused on sustainability, innovation, and operational efficiency while navigating inflationary pressures and market dynamics.

FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 Commission File Number 001-37791 (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.) COCA-COLA EUROPACIFIC PARTNERS | --- | --- | --- | --- | --- | --- | --- | --- | |--------|---------|---------------------------------|----------------------------------|-------------------------------|-------------------------------------- ...

United States Not Applicable (Translation of Registrant's name into English) England and Wales (Jurisdiction of incorporation or organization) Pemberton House, Bakers Road, Uxbridge, UB8 1EZ, United Kingdom (Address of principal executive offices) Contact Securities and Exchange Commission Washington, D.C. 20549 FORM 20-F (MarkOne) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

[Form 6-K Filing Announcement](index=1&type=section&id=Form%206-K%20Filing%20Announcement) This section announces the filing of Coca-Cola Europacific Partners' 2022 Integrated Report and Form 20-F, providing company details and contact information [Filing of 2022 Integrated Report and Form 20-F](index=2&type=section&id=Filing%20of%202022%20Integrated%20Report%20and%20Form%2020-F) CCEP announced the filing of its 2022 Integrated Report and Form 20-F with the SEC, containing audited financial results for the year ended December 31, 2022 - CCEP filed its 2022 Integrated Report and Form 20-F on **March 17, 2023**[3](index=3&type=chunk) - The report includes audited results for the year ended **December 31, 2022**, following unaudited results released on **February 16, 2023**[3](index=3&type=chunk) - The report is accessible on the CCEP website, www.sec.gov, and the UK's National Storage Mechanism[9](index=9&type=chunk)[4](index=4&type=chunk) [Company Overview](index=2&type=section&id=Company%20Overview) CCEP is a leading global consumer goods company manufacturing and distributing beverages to 600 million consumers across 29 countries - CCEP is a leading global consumer goods company, serving **600 million consumers** and **2 million customers** across **29 countries**[5](index=5&type=chunk) - The company is listed on Euronext Amsterdam, NASDAQ Global Select Market, London Stock Exchange, and Spanish Stock Exchanges under the symbol **CCEP**[5](index=5&type=chunk) [Contact Information](index=2&type=section&id=Contact%20Information) The report provides contact details for the Company Secretariat, Investor Relations, and Media Relations Key Contacts | Department | Name | Phone Number | | :--- | :--- | :--- | | Company Secretariat | Clare Wardle | +44 20 7355 8406 | | Investor Relations | Sarah Willett | +44 7970 145 218 | | Media Relations | Shanna Wendt | +44 7976 595 168 |

Financial Data and Key Metrics Changes - The company reported total revenue of €17.3 billion, an increase of 15.5% year-over-year [43] - Adjusted free cash flow generation was €1.8 billion, enabling a record dividend payment of €1.68 per share, up 20% from 2021 [15][42] - COGS per unit case increased by 9%, slightly above the guidance of 8.5% [45] Business Line Data and Key Metrics Changes - Revenue per unit case grew by 6%, driven by strong growth in the away-from-home channel and effective revenue growth management initiatives [13][16] - The company successfully launched new flavors and products, including Fanta and Sprite, contributing to brand excitement and consumer engagement [11][40] Market Data and Key Metrics Changes - Great Britain and Iberia showed strong performance, with away-from-home volumes in double-digit growth compared to 2019 [44] - The home channel continued to grow, benefiting from increased at-home consumption, with volumes up 4% versus 2021 [44] Company Strategy and Development Direction - The company aims to maintain a focus on sustainability and innovation, with ongoing investments in digital tools and supply chain improvements [6][10] - A new efficiency program was announced, targeting €350 million to €400 million in incremental savings by 2028 [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the NARTD category and the company's ability to maintain or grow market share despite inflationary pressures [51][52] - The company anticipates revenue growth of 6% to 8% for 2023, primarily driven by pricing strategies [49] Other Important Information - The company completed the acquisition of Coca-Cola Company's 29.4% minority stake in its Indonesia business, increasing ownership to 100% for €282 million [20] - The company was included in the 2023 Bloomberg Gender Equality Index, reflecting its commitment to diversity and inclusion [6] Q&A Session All Questions and Answers Question: Can you talk about progress in pricing so far year-to-date and the cadence of pricing through 2023? - Management noted that pricing strategies are being implemented across various markets, with some already completed in Iberia, Nordics, and Australia, while France is currently under negotiation [28][29] Question: How is the company managing consumer demand amidst inflation? - Management indicated that recent trading has not shown significant changes in underlying consumer demand, and they are focused on balancing pricing and affordability [91][92] Question: Are there any volume declines embedded in the 6% to 8% organic revenue guidance for 2023? - Management clarified that they expect volume growth and aim to maintain or grow market share, with the guidance reflecting a balanced approach [70][94]

Financial Data and Key Metrics Changes - The company reported total revenue of €8.3 billion, an increase of 17% compared to the previous year [21] - Comparable operating profit rose to €1.1 billion, up 29%, reflecting strong topline growth and efficiency programs [22] - Comparable diluted earnings per share increased by 32% to €1.61 [22] - Free cash flow generation reached €1.3 billion, significantly above the medium-term target of €1.25 billion [22][36] Business Line Data and Key Metrics Changes - The non-alcoholic ready-to-drink (NARTD) category grew by 5% in the first half, with the away-from-home channel recovering to 2019 levels [8][25] - The company achieved strong volume growth of 13% in the first half, supported by a rebound in tourism and the recovery of the HoReCa channel [16][25] - Revenue per unit case grew by 4.5%, reflecting strong growth in the away-from-home segment and effective revenue growth management initiatives [26] Market Data and Key Metrics Changes - The company gained approximately 30 basis points in NARTD value share both in-store and online [16] - The away-from-home channel, which accounts for about 40% of volumes, showed resilience in challenging times [9] - The company reported that its brands delivered more than twice the value to customers compared to the nearest competitor in Europe [9] Company Strategy and Development Direction - The company is focused on long-term profitable growth, emphasizing revenue growth management and efficiency [5][6] - There is a strong commitment to sustainability, with initiatives aimed at reducing emissions and improving packaging [14][15] - The company is strategically exiting non-core categories, such as beer and cider, to focus on sparkling and tea categories [19][72] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the uncertain economic environment, citing strong brand equity and a balanced revenue stream [39][42] - The company raised its full-year guidance for revenue, profit, and free cash flow, reflecting strong first-half performance [37] - Management acknowledged potential inflationary pressures but emphasized the importance of maintaining affordability for consumers [30][71] Other Important Information - The company is on track to deliver approximately 85% of its efficiency savings target by the end of 2022 [27][66] - The company is approximately 90% hedged for commodity inflation for the current year, with expectations of high single-digit inflation for 2023 [33][34] Q&A Session Summary Question: How is the business different in navigating potential consumer weakness? - Management highlighted stronger revenues from the away-from-home channel and a balanced pack architecture that allows for effective promotions [39][40][41] Question: What led to the acceleration in market share? - The acceleration was attributed to strong performance in sparkling beverages, continued investment in innovation, and improved execution during the pandemic [43][44][45] Question: How sensitive is the business to European gas prices? - Management discussed contingency plans for energy supply and the importance of maintaining service levels despite supply chain challenges [48][49] Question: What is the impact of working capital on cash flow guidance? - Management indicated that the impact on cash flow is primarily linked to inventory and CapEx phasing, with strong free cash flow performance overall [51][52] Question: How is gross margin affected by volume leverage? - Volume leverage has been beneficial, but broader commodity inflation pressures are also a significant factor [55][56] Question: What changes are being made to pricing strategies? - Management emphasized a surgical approach to pricing, focusing on affordability while maintaining brand equity [70][71] Question: How impactful has the portfolio rationalization been in Indonesia? - The rationalization has had a significant and quick impact, allowing for a more focused approach on core categories [72][73]

United States Securities and Exchange Commission Washington, D.C. 20549 FORM 20-F (MarkOne) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...

Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) Q4 2021 Earnings Conference Call February 16, 2022 7:00 AM ET Company Participants Sarah Willett - Vice President, Investor Relations and Corporate Strategy Damian Gammell - Chief Executive Officer Nik Jhangiani - Chief Financial Officer Conference Call Participants Charlie Higgs - Redburn Simon Hales - Citi Fintan Ryan - JPMorgan Edward Mundy - Jefferies Lauren Lieberman - Barclays Rob Ottenstein - Evercore ISI Mitch Collett - Deutsche Bank Sanjeet Aujla - C ...

Financial Data and Key Metrics Changes - Pro forma revenue for H1 2021 was €7 billion, an increase of 11.5% on an FX-neutral basis [30] - Pro forma comparable operating profit reached €802 million, up nearly 60% on an FX-neutral basis [30] - Comparable diluted earnings per share increased to €1.09, up 87.5% on a comparable and FX-neutral basis [31] - Free cash flow generation was approximately €650 million on a comparable basis [31] Business Line Data and Key Metrics Changes - The away-from-home channel saw a significant recovery, although it was down 22% compared to 2019 [32] - The home channel continued to perform well, with volumes up 3% versus 2019 during H1 [33] - The Energy portfolio gained nearly 300 basis points of value share since 2019, with volume growth of 50% versus 2019 [22] Market Data and Key Metrics Changes - Europe revenue was up 10.5% in H1 2021 versus 2020 but down 8% versus 2019 [34] - API pro forma revenues increased by 15.5% in H1 2021 and remained flat versus 2019 [34] - The company gained 90 basis points of share in Flavors and 170 basis points in Energy across combined markets [22] Company Strategy and Development Direction - The company aims to be the world's most digitized Coca-Cola bottler, focusing on digital transformation and sustainability [9][10] - Integration of the Australian, Pacific & Indonesian business unit (API) is underway, with joint growth plans being developed with The Coca-Cola Company [8][52] - The company is committed to achieving net zero greenhouse gas emissions by 2040 and is accelerating its rPET plans [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the recovery across markets, despite challenges such as weather and renewed restrictions in some regions [36] - The company is experiencing upward pressure on commodity costs, particularly aluminum, which has been factored into guidance for COGS [41][42] - Management remains focused on efficiency programs and cost management to navigate inflationary pressures [44][45] Other Important Information - The company has committed to a dividend payout ratio of approximately 50% based on the enlarged earnings base of the combined business [49][50] - The company is on track to deliver €350 million to €395 million in efficiency savings, with progress being made in 2021 [44][88] Q&A Session Summary Question: Recent pricing actions and their reception in markets - Management is satisfied with the pricing levels in 2021, which are supporting strong performance, and is engaging with customers for pricing plans for 2022 [63][64] Question: Supply constraints across Europe - Management acknowledged challenges with aluminum and can supply but noted that customer service levels remain high and top-line performance has not been significantly impacted [69][70] Question: Commodity cost outlook into 2022 - Management indicated that commodity costs are expected to increase mid to high single-digit percentages, impacting COGS per unit case [78][80] Question: Guidance assumptions regarding COVID - Management expects a reopening in API by Q4 and does not anticipate significant changes in Europe, maintaining a cautiously optimistic outlook [86][88]