UNITED
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SECURITIES AND
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SCHEDULE
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Transcript of
Annual Meeting Page Welcome Video by
Jennifer Manning, Associate General
Counsel and Corporate Secretary of
The Coca-Cola Company
Hello, I’m
Jennifer Manning, Associate General Counsel and Corporate Secretary
of The Coca-Cola Company. I’m here to tell you a little bit more
about our 2021 Annual General Meeting of shareowners, which will be
held virtually this year on Tuesday, April 20th.
First and
foremost, on behalf of the Board of Directors and my fellow
employees at Coca-Cola, I want to thank you for your investment and
your interest in our Company. Our web page is a convenient way to
get ready for the meeting. You can view materials, vote your shares
in advance of the meeting and submit questions in advance of the
meeting. Like last year, we are again conducting a virtual Annual
Meeting of Shareowners, rather than bringing people together in a
physical location.
Certainly,
2020 was an unprecedented time for our business, for our employees
and for our shareowners. Looking back, we feel great pride in what
the Coca-Cola system accomplished during times of tremendous
uncertainty and challenges. We all look forward to emerging from
the global pandemic in an even stronger position.
As you
prepare for our virtual shareowners meeting, please refer to the
information provided on the annual meeting webpage or in your proxy
materials on specifics regarding attendance.
Your voice
is vital to our future. Please vote your shares. You can vote in
advance by signing and returning your proxy card or voting
instruction form, using the phone or internet voting, or clicking
on the voting link on this page. You can also vote electronically
during the 2021 virtual Annual Meeting. As always, your proxy
statement contains detailed information on the items up for a
vote.
I hope
you’ll join us for this year’s virtual meeting. Again, thank you
for your investment and your confidence in this great business as
we work to refresh the world and make a difference.
Transcript of
Annual Meeting Page Video by
Maria Elena Lagomasino, Lead Independent Director
of
The Board of Directors of The Coca-Cola Company
Hi, I’m Mel
Lagomasino, the Lead Independent Director of The Coca-Cola Company.
I’m honored to serve in this role, because our Board believes
strong, independent leadership goes hand-in-hand with building
long-term value. It’s a part of how we pursue our purpose to
refresh the world and make a difference.
So what’s
my job? As Lead Independent Director I have robust and clearly
defined responsibilities. And, they’ve been shaped by what we’ve
heard and learned from shareowners.
One of my
jobs is to guide the Board in its core work overseeing the
Company’s business strategy, and I’m the Board’s key point of
contact for shareowners. The Lead Independent Director also leads
the annual performance evaluation for our Chairman and CEO, and the
annual Board evaluation process and presides at executive sessions
where the Chairman and CEO isn’t present.
Finally –
and this is a critical part of the job – the Lead Independent
Director plays a key role in planning for Board and management
succession. Our Board has a strong partnership with Chairman and
CEO James Quincey. Together, we ensure the Company is positioned to
grow successfully and sustainably.
We also
have a diverse, well-functioning Board with capable Directors who
have the right mix of skills. It’s about having a balance of
tenure, turnover, diversity and deep knowledge. We value fresh
perspectives and also the great experience that Directors gain over
time. Board refreshment is a journey, and we are committed to
fielding the best Board possible.
Finally,
shareowners expect – and deserve – to understand how and why we
make decisions in the boardroom. So we’re constantly building
relationships and trust over time. We’ve cultivated meaningful,
valuable relationships with our shareowners through our engagement
program, which is led by management and overseen by the
Board.
On behalf
of my fellow Directors, thank you for your investment in this
Company. And, especially, for the trust you place in us.
Transcript of
Annual Meeting Page Video by
Helene Gayle, Chair of the Talent and Compensation
Committee of
The Board of Directors of The Coca-Cola Company
Hi, I’m
Helene Gayle, and I’m pleased to serve as Chair of the Talent and
Compensation Committee of The Coca-Cola Company’s Board of
Directors.
We are
excited to usher in the new decade with an invigorated focus on
growth, refreshing the world and making a difference. When we do
this well, we grow and thrive.
To
accomplish our ambitious goals, it is key that we have the right
people and the right incentives to drive growth and achieve our
purpose as a Company. So, we need the right policies and strategies
in place to attract, retain and develop the talented and diverse
employees we need.
That is why
the Board of Directors expanded the scope of this Committee to
focus not only on overseeing compensation practices, but also on
reviewing how the Company manages its broader people practices in
areas such as talent management and culture.
When we
look at talent, the Committee reviews the Company’s strategies for
talent management, leadership development, retention and culture.
We evaluate workplace diversity and inclusion, equality and
fairness to ensure the Company maintains a consistent and fair
process when it comes to hiring and promoting.
With
executive compensation, we continue to evaluate programs to ensure
that they are consistent with our business strategy and incentivize
the behaviors that best position the Company for long-term growth.
We continue to work to ensure that our plans effectively link pay
and performance and align executives’ interests with those of our
shareowners and other key stakeholders.
To learn
more, please take a look at the Compensation Discussion and
Analysis in our proxy materials, which describes our current
program in detail. You can also review the Governance section in
our Proxy, which describes our talent priorities.
Thank
you.