Company: KHC
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-032085
Chunk: 15

Company: Kraft Heinz Co
Filing Date: 2025-02-21
Form: 424B2
Chunk 15
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, and transfers will be effected only through, records maintained by Clearstream and Euroclear and 
 their participants, and these beneficial interests may not be exchanged for certificated notes, except in limited circumstances. See “Book-Entry, Delivery and Form.”                                                                          |

| Risk Factors | Investing in the Notes involves substantial risks. You should consider carefully all the information in this prospectus supplement and, in particular, you should evaluate the specific risk factors set forth in the “Risk Factors”                     
 section in this prospectus supplement and the accompanying prospectus, as well as the other risk factors incorporated by reference herein and therein (including those set forth in the Annual Report, and those that may be set forth in any subsequent 
 filing we make with the SEC), before making a decision whether to invest in the Notes.                                                                                                                                                                   |

S-5

RISK FACTORS

Before investing in the Notes, you should carefully consider all of the information included or incorporated by reference in this prospectus supplement, the accompanying prospectus, and any related free writing prospectus authorized by us, including the risk factors set forth below as well as the risk factors discussed in our Annual Report. In addition to the risks set forth below, new risks may emerge from time to time, and it is not possible to predict all risk factors or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in or implied by any forward-looking statements.

Risks Related to the Notes

We have substantial indebtedness. We may not be able to generate sufficient cash flow to service all of our indebtedness, including the Notes, and we may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful.

Our ability to
make scheduled payments on or to refinance all or a portion of our debt obligations and to fund planned capital expenditures depends on our future performance and our ability to generate significant operating cash flow, which is subject, among other
things, to the success of our business strategy, customer demand, increased competition, prevailing economic conditions and financial, competitive, legislative, legal, regulatory and other factors, including those other factors discussed in these
“Risk Factors,” or incorporated by reference herein, many of which are beyond our control.

As of December 28, 2024, before
giving effect to this offering and the USD Notes Offering, we had approximately $19,723 million aggregate principal amount of total indebtedness outstanding, and we would have had an additional $4,000 million of