Company: KHC
Filing Date: 2025-02-21
Form Type: 424B2
Source: 0001193125-25-032053
Chunk: 28

Company: Kraft Heinz Co
Filing Date: 2025-02-21
Form: 424B2
Chunk 28
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; and the terms “controlling” and “controlled” have meanings correlative to the
foregoing.

“Below Investment Grade Rating Event” means, with respect to any series of Notes, that, on any date during the
period commencing on the earlier of (i) the occurrence of a Change of Control and (ii) the date of first public notice of an arrangement that could result in a Change of Control until the end of the
60-day period following public notice of the occurrence of the Change of Control (which 60-day period shall be extended for so long as the rating of the Notes of such
series is under publicly announced consideration for possible downgrade by any of the Rating Agencies), the rating of the Notes of such series is lowered, and the Notes of such series are rated below an Investment Grade Rating, by two Rating
Agencies if the Notes of such series are only rated by two Rating Agencies, or by all three Rating Agencies if the Notes of such series are rated by all three Rating Agencies; provided that a Below Investment Grade Rating Event otherwise arising by
virtue of a particular reduction in rating shall not be deemed to have occurred with respect to a particular Change of Control (and thus shall not be deemed a Below Investment Grade Rating Event for purposes of the definition of Change of Control
Triggering Event hereunder) if each of the Rating Agencies making the reduction in rating to which this definition would otherwise apply does not announce or publicly confirm or inform the Trustee in writing at its request that the reduction was the
result, in whole or in part, of any event or circumstance comprising or arising as a result of, or in respect of, the applicable Change of Control (whether or not the applicable Change of Control shall have occurred at the time of the Below
Investment Grade Rating Event).

“Change of Control” means the occurrence of any of the following: (1) the direct or
indirect sale, transfer, conveyance or other disposition (other than by way of merger, amalgamation, consolidation or other business combination transaction), in one or a series of related transactions, of all or substantially all of the properties
or assets of the Guarantor and its Subsidiaries taken as a whole to any Person (as defined below) or group of related Persons for purposes of Section 13(d) of the Exchange Act (a “Group”) other than to the Issuer or one of its wholly
owned Subsidiaries or one or more Permitted Holders (as defined below); (