August 9, 2023

Company Name
Representative

Coca-Cola Bottlers Japan Holdings Inc.
Representative Director& President(Code No. 2579 TSE Prime Market)
Executive Officer,Contact
Head of Legal

Calin Dragan

Tomokazu Usagawa(Tel. 0800-919-0509)

Coca-Cola Bottlers Japan and Accenture Agree to Establish Joint Venture Company
Promoting data-driven management by streamlining
administrative and office operations of Coca-Cola Bottlers Japan Group
Coca-Cola Bottlers Japan Holdings Inc. (the "Company") has resolved at its Board of Directors meeting held today that,
the Company’s consolidated subsidiaries, Coca-Cola Bottlers Japan Inc. ("CCBJI") and Coca-Cola Bottlers Japan Business
Services Inc. ("CCBJBS") consolidate certain functions of administration and office operations of both companies to BS &Business Service Preparatory Inc. (tentative name) ("NewCo"), a company newly established by CCBJI and CCBJBS, andCCBJI will then transfer a portion of the shares of NewCo to Accenture Japan Ltd (Minato-ku, Tokyo; Masashi Egawa,
Representative Director and President; "Accenture") to make NewCo a joint venture with Accenture (the series oftransactions hereinafter collectively referred to as the "Transaction"). In addition, the Company hereby announces thatCCBJI has made its director’s decision on the Transaction in response to the Company’s resolution.
Since this matter does not fall under the Timely Disclosure Standards of the Tokyo Stock Exchange, some information in
the disclosure materials has been omitted.
Ⅰ. Purpose of Transaction
In order to continue to quickly provide new services in a sustainable manner in a dynamically changing market, we havealways sought measures to generate innovation by incorporating new wisdom from within and outside the Company.
In order to further transform our business, we will establish a joint venture with Accenture, a professional services firm in
the digital and business process fields, as our partner. Certain functions of CCBJI and CCBJBS, such as human resources andadministration, finance, procurement, customer contact center, sales support operations and IT, will be transferred to the jointventure. The purpose of the Transaction is to enable our group to achieve industry-leading operations in the business process
and digital areas, and to strengthen its business foundation for cost efficiency and profitability.
II. Schedule of Transaction(1)

Date of resolution by the Company's Board of Directors

August 9, 2023

(2)

CCBJI Director’s Decision

August 9, 2023

(approval of Share Purchase Agreement and Joint Venture Agreement)(3)

Execution of Share Purchase Agreement and Joint Venture Agreement by

August 9, 2023

CCBJI
(4)

Date of incorporation of NewCo (effective date)

January 4, 2024 (scheduled)(5)

Date of resolution of general meeting of shareholders of NewCo (approval ofJanuary 4, 2024 (scheduled)transfer of shares)(6)

Closing date of transfer of shares in NewCo

January 4, 2024 (scheduled)(formation of joint venture)1

Ⅲ. Parties of Transaction
1. Outline of the Company’s Consolidated Subsidiaries(As of December 31, 2022)
Coca-Cola Bottlers Japan Business(1) Name

Coca-Cola Bottlers Japan Inc.

(2) Location

9-7-1 Akasaka, Minato-ku, Tokyo

9-7-1 Akasaka, Minato-ku, Tokyo

Representative Director, President andRepresentative Director and Chairman,

CEOPresident

Calin Dragan

Bjorn Ivar Ulgenes(3) Title and Name ofRepresentative

Services Inc.

Administrative work related to sale ofsoft(4) Businessdrinks,

beverages,

alcoholic

Production, processing and sales of soft

beverages, lactic beverages, and fooddrinks and alcoholic beverages

products;

information

processing;telephone support services; managementof beverage sales equipment.
(5) Capital

JPY 100 million

JPY 80 million(6) Date of Incorporation

June 29, 2001

November 25, 2009

The Company: 100%

CCBJI: 100%

(7) Major Shareholders andShareholding Ratio
2. Outline of NewCo (scheduled)(1) Name

BS & Business Service Preparatory Inc. (tentative name)(2) Location

9-7-1 Akasaka, Minato-ku, Tokyo(3) Title and Name ofRepresentative Director

Representative(5) Capital

Bjorn Ivar Ulgenes(i) Commissioned work in finance and accounting, human resources and labor
management and other general administration and office function(ii) Development, installation, operation and maintenance management of computer
hardware, computer software, computer systems and computer networks, andprovision of repair service for the same(iii) Employee dispatch business
JPY 20 million (scheduled)(6) Date of Incorporation

January 4, 2024 (scheduled)(7) Number of Employees

Approximately 870(4) Business

CCBJI: 81%(8) Capital Structure(*All shares held by CCBJBS at the time of incorporation of NewCo will betransferred to CCBJI on the same date.)
Accenture: 19%23. Outline of Counterparty of Joint Venture(As of August 31, 2022)(1) Name

Accenture Japan Ltd(2) Location

1-8-1 Akasaka, Minato-ku, Tokyo(3) Title and Name ofRepresentative Director and President

Representative(4) Business

Masashi Egawa
Providing a wide range of services and solutions in the five areas of "Strategy &Consulting", "Accenture Song", "Technology", "Operations" and "Industry X"(5) Capital

JPY 350 million(6) Date of Incorporation

December 1995

IV. Future Outlook
The impact of the Transaction on the Company's consolidated operating results for the fiscal year ending December 31,
2023 will be minor. The Company believes that the Transaction will contribute to the further growth of our group’s businessand profitability in the future.
End3