Factsheet 207 About Coca-Cola European Partners Coca-Cola European Partners (CCEP) is one of the world s largest beverage companies and the world s largest independent Coca-Cola bottler based on revenue. CCEP had 207 revenue of over billion, generated 2 billion of Adjusted EBITDA and delivered full-year free cash flow of billion. Iceland Norway Serving million outlets, across 3 countries, so over 300 million consumers can access and enjoy our drinks. Sweden Working with The Coca-Cola Company to drive profitable growth across developed European markets with a world-class sales, production, and distribution platform. Netherlands Great Britain Belgium Germany Trading on the Euronext Amsterdam, the New York Stock Exchange, Euronext London, and Spanish stock exchanges, under the symbol CCE. France Portugal Spain CCEP was formed in 206 by merging the bottling operations of Coca-Cola Enterprises (CCE), Coca-Cola Iberian Partners (CCIP), and Coca-Cola Erfrischungsgetränke GmbH (CCEG). Monaco Luxembourg Andorra World s Most Recognisable Brands ENERGY SPARKLING SOFT DRINKS JUICE & PLANT BASED Long-Term 2 Objectives Revenue Growth Low Single-Digit Operating Profit Growth Mid-Single-Digit EPS Growth Mid-to-High Single-Digit READY-TO-DRINK TEA & COFFEE WATER, ENHANCED WATER, & SPORTS CCEP Focus TO BE a total beverage company, a leading consumer goods company, and the world s best and most valuable Coca-Cola bottler BY DELIGHTING customers and consumers with great beverages and service, creating shared and sustainable value ROIC Improvement 20 bps/year. FY 207; Adjusted EBITDA is profit after tax plus taxes, net finance costs, non-operating items, depreciation, amortisation, and adjusted for items impacting comparability (a non-gaap performance measure); free cash flow is defined as net cash flows from operations, less capital expenditures and interest paid, plus proceeds from capital disposals (a non-gaap performance measure). Please refer to our Annual Report and Form 20-F filed on 5 March 208 which provides further details of our non-gaap performance measures and reconciles, where applicable, our results as reported under IFRS to the non-gaap performance measures. 2. Revenue, Operating Profit and EPS are all currency neutral and excluding items impacting comparability; Return on Invested Capital (ROIC) is calculated as comparable operating profit after tax, on a tax and currency neutral basis, divided by the average of opening and closing invested capital for the year. Invested Capital is calculated as the addition of borrowings and equity less cash and cash equivalents.
Factsheet 207 Country Mix Highlights REVENUE VOLUME 2 PACKAGE 2 CHANNEL 2,3 CCEP 00% 00% 6% 7% 6% SPAIN & ANDORRA 23% 2% 5% 3% 45% GERMANY 20% 82% 4% 4% 6 32% GREAT BRITAIN 9% 2% 49% 32% 9% 53% 47% FRANCE & MONACO 6% 4% 57% 6% 7% 29% BELGIUM & LUXEMBOURG 6% 52% 62% 3 NETHERLANDS 5% 4% 59% 24% 7% 6% NORWAY 4% 2% 74% % 67% 33% SWEDEN 3% 3% 53% 2% 56% 44% Our PORTUGAL Approach to Growth % % 54% 2% 59% 4% ICELAND <% <% 46% 2 45%. Based on Full-Year ended 3 December 207; rounded 2. mix based on unit cases; Unit case = 24 8 ounce servings; FY 207; internal reports; rounded 3. Home customers who generally sell beverages at ambient temperature for later consumption; Cold - customers who generally sell beverages at chilled temperature for immediate consumption PET Cans Glass/Other Home Cold Our Approach to Growth ENHANCE Sparkling brands and core portfolio EXPAND Products into new territories and continue to innovate EXPLORE Innovation to unlock new revenue streams Capital Allocation Framework GROW Free Cash Flow with Earnings In-line with Long-Term Targets MAINTAIN Optimal Capital Structure and Financial Flexibility PURSUE Disciplined Investment DRIVE Shareholder with Increasing Return on Invested Capital DELIVER LONG-TERM PROFITABLE GROWTH SUSTAINABLY BY LEADING NON ALCOHOLIC READY-TO-DRINK (NARTD) VALUE GROWTH IN WESTERN EUROPE 2
Factsheet 207 Business Overview KEY INPUTS Spend ~ 6B with ~9,000 suppliers annually COST OF SALES MIX Concentrate, Finished Goods Packaging, Sweetener, Other Commodities Taxes* & Other Manufacturing D&A 45% 0% 5% Cost of sales is ~60% of revenue *Taxes included in cost of sales (e.g. excise, Soft Drink Industry Taxes) PROCESSES & OUTPUTS Sell, produce & deliver 2.5B unit cases annually Variable ~85% Operating Expense Mix Capital Spend Mix D&A 5% Other 5% Fixed ~ Capital Spend Type IT 5% General & Admin Cold Drink Equipment Maintenance ~/3 Operating expenses are ~ of revenue2 CAPEX is expected to be ~4% - 5% of revenue over the long term Selling & Delivery 70% Growth ~2/3 Supply Chain 60% CUSTOMERS & CONSUMERS Service customers in ~M outlets with ~M coolers and vendors, with over 300M consumers able to enjoy our drinks VOLUME 3 MIX Brand Owner5 Calories4 7% Juices, Isotonics, & Other 2% Sparkling Flavors & Energy 64% Coca-Cola Trademark Top Brands Channel Packaging. Full-Year ended 3 December 207; CCEP; rounded. Based Basedonon Full-Year ended 3 December 207; CCEP; rounded 2. excluding impacting comparability; rounded rounded 2. Operating Expenses mix based on unititems cases; FY 207; internal reports; 3. mix based on unit cases; FY 207; internal reports; rounded 3. Defined Defined Regular > 20kcal per Low 00ml, Low =< 20kcal to 00ml, > 4kcal per 00ml, andper Zero =< 4 kcal per 00ml 4. as as Regular > 20kcal per 00ml, =< 20kcal to > 4kcal per and Zero =< 4 kcal 00ml 4. Other Other includes energy owned bybeverage MonsterCorporation Beverage in Corporation in which The Coca-Cola Company has 5. includes energy brandsbrands owned by Monster which The Coca-Cola Company (TCCC) has a minority(tccc) investment a minority investment 3
Factsheet 207 Country Overview SPAIN & ANDORRA GREAT BRITAIN GERMANY FRANCE & MONACO5 BELGIUM & LUXEMBOURG7 TOP 5 CCEP BRANDS NARTD MARKET MIX2 SSD 6% 3% 33% 57% 59% 29% 65% 24% 40% 40% 50% CCEP VOLUME MIX3 Coca-ColaTM 50% 33% 2 9% 52% 44% Stills 7% Sparkling Flavors & Energy Stills & Other 3% % 0% 9% 4% 3% 7% 3% 7% 4% 9% 9% 80% 57% 6% 6% 8 million 63 million 63 million 2 million 682 muc 520 muc 359 muc 52 muc 7 6 5 3 9%; % ; 24% 20%; 0% 37%; 2% 60% CONSUMERS4 49 million ANNUAL VOLUME3 530 muc PRODUCTION FACILITIES6 0 NARTD SHARE2 35%;. AC Nielsen market data does not include Andorra 2. AC Nielsen FY 207; NARTD Non Alcoholic Ready-To-Drink; SSD Sparkling Soft Drinks (includes Energy); Stills Non-Carbonated Beverages (includes Juice, Plant based, Ready-To-Drink Tea & Coffee, Sports); (includes enhanced, still and sparkling water) 3. mix and annual volume based on internal reports in unit cases; FY 207; annual volume in million unit cases (muc); rounded 4. Consumers from The World Factbook (US govt); Great Britain is United Kingdom less Northern Ireland Consumers from Northern Ireland Statistics and Research Agency; rounded 5. AC Nielsen market data does not include Monaco 6. Production facilities are as at 3 Dec 207 7. AC Nielsen market data does not include Luxembourg 8. AC Nielsen market data, collated via Gallup, is used for Iceland 4
Factsheet 207 NETHERLANDS NORWAY SWEDEN ICELAND8 PORTUGAL TOP 5 CCEP BRANDS NARTD MARKET MIX2 SSD 9% 4% 2% 23% 4% 20% 2% 3% 40% Stills 46% 2 32% 65% 34% 3 6 46% 67% 53% 4% 20% 50% CCEP VOLUME MIX3 4% 24% Coca-ColaTM 2% Sparkling Flavors & Energy 2% % Stills & Other % 42% 64% 72% 6 73% CONSUMERS4 7 million 5 million 0 million million 0.3 million 49 muc 72 muc 37 muc 7 muc 2 32%; 3% ; ; 7% 35%; ANNUAL VOLUME3 99 muc PRODUCTION FACILITIES6 NARTD SHARE2,8 ; 5
Board of Directors Sol Daurella Chairman Damian Gammell Chief Executive Officer 7 member Board with 9 independent non-executive directors Executive Leadership Nik Jhangiani Chief Financial Officer Peter Brickley Chief Information Officer Leendert Den Hollander General Manager Great Britain Ron Lewis Chief Supply Chain Officer Nick Wall Chief Human Resources Officer Ben Lambrecht General Manager - France Clare Wardle General Counsel & Company Secretary Victor Rufart Chief Strategy Officer Frank Molthan General Manager - Germany Lauren Sayeski Chief Public Affairs & Communications Officer Francesc Cosano General Manager - Iberia Stephen Moorhouse General Manager Northern Europe Financial Highlights Key Financial Measures Unaudited, Fx impact calculated by recasting current year results at prior year rates YEAR ENDED 3 DECEMBER 207 MILLION % CHANGE As Reported Comparable Fx-Impact As Reported Comparable Fx-Impact Comparable Fx-Neutral Revenue,062,055 (42) 2.0%.5% (.5)% 3.0% Cost of sales 6,772 6,739 (85) 2.5% 2.0% (.5)% 3.5% Operating expenses 3,030 2,838 (3) 2.5% (2.5)% (.0)% (.5)% Operating profit,260,478 (26) 48.0% 9.0% (.5)% 0.5% Profit after taxes 688,035 (9) 25.5% 3.0% (2.0)% 5.0% Diluted earnings per share ( ).4 2.2 (0.04) (0.5)% 3.0% (2.0)% 5.0% Please refer to our Annual Report and Form 20-F filed on 5 March 208 for additional information Credit Ratings Corporate Responsibility & Sustainability LONG-TERM RATING OUTLOOK S&P BBB+ Stable 207 Dow Jones 207 Global 00 Index Carbon Disclosure Moody s A-3 Stable Sustainability Indices of the Most Sustainable Project 207 As of 3 December 207 Corporations in the World Climate A List and A List Key Contacts INVESTOR RELATIONS MEDIA RELATIONS WEBSITE Thor Erickson Claire Huff Shanna Wendt www.ccep.com + (678) 260-30 +44 (0) 895 844 27 + 44 (0) 7976 595 68 6