# EDGAR Filing Document

**Accession Number:** 0000021344
**File Stem:** 0001552781-26-000366
**Filing Date:** 2026-6
**Character Count:** 48703
**Document Hash:** df34aabb3334cc48b88c41bc0007f4b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001552781-26-000366.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001552781-26-000366

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 17

**CONFORMED PERIOD OF REPORT**: 20260618

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COCA COLA CO
- **CENTRAL INDEX KEY:** 0000021344
- **STANDARD INDUSTRIAL CLASSIFICATION:** BEVERAGES [2080]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 580628465
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-02217
- **FILM NUMBER:** 261122139

**BUSINESS ADDRESS:**
- **STREET 1:** ONE COCA COLA PLAZA
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30313
- **BUSINESS PHONE:** 404-676-2121

**MAIL ADDRESS:**
- **STREET 1:** ONE COCA COLA PLAZA
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30313

?xml version='1.0' encoding='ASCII'? KO 8-K

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported):

**June 25, 2026 (June 18, 2026)**

![](ko_logo.jpg)

COCA COLA CO

(Exact name of Registrant as specified in its charter)

---

| | | | |
|:---|:---|:---|:---|
| **Delaware** | **Delaware** | **001-02217** | **58-0628465** |
| (State or other jurisdiction of incorporation) | (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| **One Coca-Cola Plaza** | **One Coca-Cola Plaza** |  |  |
| **Atlanta,** | **Georgia** |  | **30313** |
| (Address of principal executive offices) | (Address of principal executive offices) |  | (Zip Code) |

---

**Registrant's telephone number, including area code: (404) 676-2121**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.25 Par Value | KO | New York Stock Exchange |
| 1.875% Notes Due 2026 | KO26 | New York Stock Exchange |
| 0.750% Notes Due 2026 | KO26C | New York Stock Exchange |
| 1.125% Notes Due 2027 | KO27 | New York Stock Exchange |
| 0.125% Notes Due 2029 | KO29A | New York Stock Exchange |
| 0.125% Notes Due 2029 | KO29B | New York Stock Exchange |
| 0.400% Notes Due 2030 | KO30B | New York Stock Exchange |
| 1.250% Notes Due 2031 | KO31 | New York Stock Exchange |
| 3.125% Notes Due 2032 | KO32 | New York Stock Exchange |
| 0.375% Notes Due 2033 | KO33 | New York Stock Exchange |
| 0.500% Notes Due 2033 | KO33A | New York Stock Exchange |
| 1.625% Notes Due 2035 | KO35 | New York Stock Exchange |
| 1.100% Notes Due 2036 | KO36 | New York Stock Exchange |
| 0.950% Notes Due 2036 | KO36A | New York Stock Exchange |
| 3.375% Notes Due 2037 | KO37 | New York Stock Exchange |
| 0.800% Notes Due 2040 | KO40B | New York Stock Exchange |
| 1.000% Notes Due 2041 | KO41 | New York Stock Exchange |
| 3.500% Notes Due 2044 | KO44 | New York Stock Exchange |
| 3.750% Notes Due 2053 | KO53 | New York Stock Exchange |

---

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

---

| | |
|:---|:---|
| **Item 5.02.** | **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.** |

---

On June 25, 2026, The Coca-Cola Company (the "Company") announced that Jennifer Mann, Executive Vice President and President, North America Operating Unit, will be departing the Company. Effective July 31, 2026, Ms. Mann will step down from her current positions. Beginning on August 1, 2026, she will continue with the Company as a senior advisor until April 30, 2027. Effective August 1, 2026, John Murphy, President and Chief Financial Officer, will assume responsibility for the North America Operating Unit on an interim basis.

On June 25, 2026, the Company and Ms. Mann entered into a Separation Agreement detailing the terms of her departure. The Separation Agreement provides that Ms. Mann will receive severance benefits under the terms of The Coca-Cola Company Severance Pay Plan. With respect to annual incentives, if Ms. Mann remains employed through December 31, 2026, she will be eligible for an annual incentive award for 2026. She will not be eligible for an annual incentive award for 2027. With respect to long-term incentives, Ms. Mann will not receive any additional equity grants and all of Ms. Mann's outstanding performance share unit awards and stock option awards will be treated according to the existing terms of the equity plans and related agreements. Ms. Mann's retirement benefits will consist of those benefits accrued and vested under the standard terms and conditions of the plans in which she participates. The foregoing description is qualified in its entirety by the Separation Agreement for Ms. Mann, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

A copy of the Company's press release announcing these changes is furnished to this report as Exhibit 99.1.

&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Item 9.01(d).** | **Financial Statements and Exhibits.** |

---

EXHIBIT INDEX

---

| | |
|:---|:---|
| Exhibit No. | Description |
| Exhibit 10.1 | [Separation Agreement and Full and Complete Release and Agreement on Trade Secrets and Confidentiality between The Coca-Cola Company and Jennifer Mann, dated June 25, 2026.](e26287_ex10-1.htm) |
| Exhibit 99.1 | [Press Release of The Coca-Cola Company, dated June 25, 2026.](e26287_ex99-1.htm) |
| Exhibit 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document). |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **THE COCA-COLA COMPANY** | **THE COCA-COLA COMPANY** |
|  | **(REGISTRANT)** | **(REGISTRANT)** |
| Date: June 25, 2026 | By: | /s/ Monica Howard Douglas |
|  |  | Monica Howard Douglas |
|  |  | Executive Vice President and Global General Counsel |

---

## Exhibit 10.1

**Exhibit 10.1**

![](e26287_001.jpg)

![](e26287_002.jpg)

June 24, 2026

Jennifer Mann

Dear Jennifer,

We thank you very much for all your contributions to the Coca-Cola system. This letter outlines the terms of your separation. All applicable elements of your separation package will be paid under the terms of the relevant policies and plans of The Coca-Cola Company (the "Company").

&nbsp;&nbsp;&nbsp;&nbsp;1. As
 we discussed, you will step down from your current role as Executive Vice President and
 President, North America OU effective July 31, 2026. Beginning August 1, 2026, you will
 continue with the Company as a senior advisor through April 30, 2027. In this role,
 you will continue to work your normal schedule and assist with the transition of your
 responsibilities and related work as necessary and will separate from the Company on
 April 30, 2027 ("Separation Date").

&nbsp;&nbsp;&nbsp;&nbsp;2. If
 you sign the release referenced below, you will be eligible for a benefit under The Coca-Cola
 Company Severance Pay Plan equivalent to two years of base salary, based on your current
 annual salary. This amount will be paid in a lump sum shortly after your Separation
 Date. This amount is subject to all applicable tax and withholdings.

&nbsp;&nbsp;&nbsp;&nbsp;3. If
 you remain employed through December 31, 2026, you will be eligible for an annual incentive
 award for 2026. The actual payment amount is contingent upon actual Company performance
 and your performance. Any award will be paid on or about March 15, 2027. Your participation
 and any award made to you shall be determined by the Talent and Compensation Committee.
 You will not be eligible for an annual incentive award for 2027.

&nbsp;&nbsp;&nbsp;&nbsp;4. All
 performance share unit (PSU) awards which you previously have received will be treated
 according to the terms of the Company's applicable restricted stock plans and programs
 as well as your related PSU Agreements. Upon receipt of any award, the Company will apply
 withholding tax as required by law and you will be personally liable for paying any taxes
 owed.

&nbsp;&nbsp;&nbsp;&nbsp;5. All
 options you previously have received will be exercisable according to the terms of the
 Company's applicable stock option plans and programs as well as your related Stock
 Option Grant Agreements. When you exercise your vested stock options, the Company will
 apply withholding tax as required by law and you will be personally liable for paying
 any taxes owed on such exercises.

&nbsp;&nbsp;&nbsp;&nbsp;6. You
 will not receive any additional equity grants.

&nbsp;&nbsp;&nbsp;&nbsp;7. Your
 base salary will remain at the current rate until your Separation Date. You will not
 receive future increases.

&nbsp;&nbsp;&nbsp;&nbsp;8. Your
 retirement benefits will consist of those benefits you have accrued under the standard
 terms and conditions of the plans in which you participate and in which benefits are
 vested as of your Separation Date.

&nbsp;&nbsp;&nbsp;&nbsp;9. The
 Company will provide at its expense outplacement services through a designated services
 provider.

Classified - Confidential

Jennifer Mann

June 24, 2026

&nbsp;&nbsp;&nbsp;&nbsp;10. The
 terms and conditions in this letter are further conditioned upon your signing and adhering
 to the Full and Complete Release and Agreement on Competition, Trade Secrets and Confidentiality.
 A copy of the release is provided to you in advance for review; however, you will be
 required to sign the release at or immediately prior to your Separation Date. Additionally,
 you must sign and return this letter within 21 days of the date of this letter.

Please contact the Advanced Care team should you have any additional questions regarding the terms of this letter or the terms of any of the benefit plans.

Sincerely,

<u>/s/ Henrique Braun</u> 

Henrique Braun

Chief Executive Officer

Agreed to and accepted on June 25, 2026.

<u>/s/ Jennifer Mann</u><u> </u>

Jennifer Mann

cc: Margie Lewis <br> Advanced Care / Executive Services

Classified - Confidential

**FULL AND COMPLETE RELEASE**

**AND AGREEMENT** 

**ON TRADE SECRETS AND CONFIDENTIALITY**

**1. <u>Release</u>.** In consideration of the lump sum payment of benefits under The Coca-Cola Company Severance Pay Plan (the "Severance Plan"), special rights under the long term incentive and equity programs of The Coca-Cola Company ("TCCC") ("LTI Programs"), and other good and valuable consideration, I, for myself and my heirs, executors, administrators and assigns, do hereby knowingly, voluntarily and unconditionally release, hold harmless and forever discharge The Coca-Cola Company ("TCCC") and its subsidiaries, affiliates, joint ventures, joint venture partners, and benefit plans (collectively with TCCC referred to herein as the "Company"), and their respective current and former directors, officers, administrators, trustees, employees, agents, and other representatives, (collectively with the Company, referred to herein as "Releasees") from all debts, claims, actions, causes of action (including without limitation claims arising from or in connection with my employment, pay, bonuses, vacation or any other benefits, and/or other terms and conditions of employment or employment practices of Company; claims arising out of or relating to the termination of my employment with the Company or the surrounding circumstances thereof; and any causes of action that I may have under the Employee Retirement Income Security Act of 1974, as amended, 29 U.S.C. § 1001 <u>et</u> <u>seq.</u>; the Worker Adjustment and Retraining Notification Act of 1988, 29 U.S.C. § 2101 <u>et</u> <u>seq.</u>; and those federal, state, local, and foreign laws prohibiting employment discrimination based on age, sex, race, color, national origin, religion, disability, veteran or marital status, sexual orientation, or any other protected trait or characteristic, or retaliation for engaging in any protected activity, including without limitation the Age Discrimination in Employment Act of 1967, 29 U.S.C. § 621 <u>et</u> <u>seq.</u> ("ADEA"), as amended by the Older Workers Benefit Protection Act, P.L. 101-433; the Equal Pay Act of 1963, 9 U.S.C.§ 206, <u>et</u> <u>seq.</u>; Title VII of The Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000e <u>et</u> <u>seq.</u>; the Civil Rights Act of 1866, 42 U.S.C. § 1981; the Civil Rights Act of 1991, 42 U.S.C. § 1981a; the Americans with Disabilities Act, 42 U.S.C. § 12101 <u>et</u> <u>seq.</u>; the Rehabilitation Act of 1973, 29 U.S.C. § 791 <u>et</u> <u>seq.</u>; the Family Medical Leave Act; and comparable state, local, and foreign causes of action, whether statutory or common law, including but not limited to all claims related to wrongful discharge, negligence, defamation, tort and contract), suits, dues, sums of money, accounts, reckonings, covenants, contracts, claims for costs or attorneys' fees, controversies, agreements, promises, and all liabilities of any kind or nature whatsoever, at law, in equity, or otherwise, KNOWN OR UNKNOWN, fixed or contingent, which I (or my heirs, executors, administrators and assigns) ever had, now have, or may have based on facts or events that occur on or prior to the date that I execute this Full and Complete Release and Agreement on Trade Secrets and Confidentiality ("Agreement").

Further, I expressly waive any and all rights that I have under any state or local statute, executive order, regulation, common law and/or public policy relating to known and unknown claims based on facts or events occurring on or prior to the date that I execute this Agreement, including but not limited to the New Jersey Conscientious Employee Protection Act (N.J. Sta. Ann. 34:19-1, et seq.); the New Jersey Law Against Discrimination (N.J. Stat. Ann. 10:5-1, et seq.); the New Jersey Family Leave Act; the New Jersey Wage Payment Law; Massachusetts Fair Employment Practices Act (Mass. G.L. 151B); West Virginia Human Rights Act<sup>1</sup>; South Dakota Codified Laws Section 20-7-11; North Dakota Century Code Section 9-13-02; and Section 1542 of the California Civil Code, the latter of which reads as follows: "**A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor**." I understand that I am referred to in this statute as the "creditor" and the Company or other Releasees are referred to as the "debtor." I consciously intend these consequences even as to claims for damages that may exist as of the date I execute this Agreement that I do not know exist, and which, if known, would materially affect my decision to execute this Agreement, regardless of whether the lack of knowledge is the result of ignorance, oversight, error, negligence or any other cause.

<sup>1</sup> I acknowledge that I have been provided the toll-free number of the West Virginia State Bar Association (1-800-642-3617).

Classified - Confidential

I fully understand and agree that:

&nbsp;&nbsp;&nbsp;&nbsp;a. This
 Agreement is in exchange for the payment of benefits under the Severance Plan, special
 rights under the LTI Programs, and other good and valuable consideration to which I would
 otherwise not be entitled;

&nbsp;&nbsp;&nbsp;&nbsp;b. The
 Company's obligation to pay and my right to receive the severance payment and special
 rights under the LTI Programs is subject to and conditioned upon my compliance with the
 covenants set forth in Sections 2 through 7 of this Agreement. In the event I breach
 any such covenant, the Company's obligation to pay and my right to receive the
 severance payment and special rights under the LTI Programs will automatically terminate
 and I shall immediately repay to the Company ninety percent (90%) of any amounts previously
 paid to me (with the remaining 10% serving as consideration for the release of claims
 set forth in Section 1 of this Agreement), in each case without limiting my obligations
 under this Agreement or the Company's other rights and remedies available at law
 or in equity.

&nbsp;&nbsp;&nbsp;&nbsp;c. I
 am hereby advised to consult with an attorney before signing this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;d. To
 the extent required by the Older Workers Benefit Protection Act, I have been informed
 as to any class, unit, or group of individuals covered by this group termination program,
 any eligibility factors and time limits applicable to this group termination program,
 the job titles and ages of all individuals covered by this group termination program,
 and the job titles and ages of all individuals in the job classification or organizational
 unit who are not eligible or selected for the group termination program;

&nbsp;&nbsp;&nbsp;&nbsp;e. I
 have 21 days from my receipt of this Agreement within which to consider whether
 to sign it. I may choose to sign this Agreement before the expiration of the 21-day consideration
 period, and if I choose to do so, I understand that I do so voluntarily. I agree that
 changes to this Agreement, whether material or immaterial, will not start the consideration
 period;

&nbsp;&nbsp;&nbsp;&nbsp;f. I
 have seven days following my signature of this Agreement to revoke the Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;g. This
 Agreement shall not become effective or enforceable until the revocation period of seven
 days has expired.

If I choose to revoke this Agreement, I must do so by notifying the Company in writing within the applicable revocation period. This notification must be mailed either first class or certified mail to The Coca-Cola Company, One Coca-Cola Plaza, Atlanta, Georgia 30313, with a copy to TransitionKO@coca-cola.com**.**

Notwithstanding any other provision or paragraph of this Agreement, I understand that by signing this Agreement I <u>do not</u> hereby waive any rights or claims: (i) for unemployment or workers' compensation, (ii) that arise after I sign this Agreement, or (iii) for which private waivers or releases are prohibited by applicable law. In addition, I understand that nothing in this Agreement shall be construed to prevent me from filing or participating in a charge of discrimination filed with the Equal Employment Opportunity Commission ("EEOC") or any similar state or local agency, or a charge with the National Labor Relations Board ("NLRB") or any other governmental agency. I further understand that this Paragraph 1 is not intended to restrict or limit in any way the Protected Rights set forth below in Paragraph 7 of this Agreement. However, by signing this Agreement, I waive the right to recover any monetary damages for any alleged injury personally suffered by me, individual relief, or attorneys' fees from the Company or the Releasees in any claim, charge, or lawsuit filed by me or any other person or entity. If there is any claim for loss of consortium, or any other similar claim, arising out of or related to my employment or separation of employment with the Company, I will indemnify and hold Releasees harmless from any liability, including costs and expenses (as well as reasonable attorneys' fees) incurred by the Releasees as a result of any such claim. I acknowledge and represent that: (i) I received all compensation due to me as a result of services performed for the Company with receipt of my final paycheck; (ii) I have reported to the Company any and all work-related injuries incurred by me during my employment by the Company; (iii) I have not engaged in any act or omission in violation of the Company's Code of Business Conduct (the "COBC"); (iv) I am not aware of any act, failure to act, practice, policy, or activity that I believe may violate the COBC; and (v) I have reported to the Company any actual or suspected Code violations. I additionally understand and agree that this Agreement is not and shall not be construed to be an admission of liability of any kind on the part any of the Releasees.

Classified - Confidential

**2. <u>Future Cooperation</u>.** I covenant and agree that I shall, to the extent reasonably requested in writing, cooperate with and serve in any capacity requested by the Company in any investigation and/or threatened or pending litigation (now or in the future) in which the Company is a party, and regarding which I, by virtue of my employment with the Company, have knowledge or information relevant to said litigation, including, but not limited to (i) meeting with representatives of the Company to provide truthful information regarding my knowledge, (ii) acting as the Company's representative, and (iii) providing, in any jurisdiction in which the Company requests, truthful testimony relevant to said litigation, provided the Company pays me reasonable compensation and reimburses me for reasonable expenses incurred in connection with such cooperation. I understand that this Paragraph 2 is not intended to restrict or limit in any way the Protected Rights set forth in Paragraph 7 of this Agreement.

**3. <u>Trade Secrets and Confidential Information</u>.** I covenant and agree that I have held and shall continue to hold in confidence all Trade Secrets of the Company that came into my knowledge during my employment by the Company and shall not disclose, publish, or make use of at any time such Trade Secrets for as long as the information remains a Trade Secret. "Trade Secrets" means data or other information relating to the business of the Company protectable as a trade secret under applicable law, including, without limitation, and without regard to form: technical or non-technical data, a formula, a pattern, a compilation, a program, a device, a method, a technique, a drawing, a process, financial data, financial plans, product plans, or a list of actual or potential customers, vendors, or suppliers which is not commonly known by or available to the public and which information (1) derives economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value from its disclosure or use and (2) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. For purposes of this Agreement, the term Trade Secret does not include any data or information that has been voluntarily disclosed to the public by the Company (except where such public disclosure has been made by me without authorization) or that has been independently developed and disclosed by others or that otherwise enters the public domain through lawful means. I also covenant and agree that I will hold in confidence all Confidential Information of the Company that came into my knowledge during my employment by the Company and will not disclose, publish, or make use of such Confidential Information for as long as the information remains Confidential Information or the maximum period allowed under applicable law, whichever is longer. "Confidential Information" means data or other information relating to the business of the Company that is or has been disclosed to me or of which I became aware as a consequence of or through my relationship with the Company and which has value to the Company, and is not generally known to the Company's competitors, including but not limited to methods of operation, names of customers, vendors, or suppliers, price lists, financial information and projections, route books, confidential employee records, documents, or data acquired by the Company, and similar information. Confidential Information does not include any data or information that has been voluntarily disclosed to the public by the Company (except where such public disclosure has been made by me without authorization) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means. I understand that this Paragraph 3 is not intended to restrict or limit in any way the Protected Rights set forth in Paragraph 7 of this Agreement.

**4. <u>Return of Materials</u>.** I further covenant and agree that I have or shall promptly deliver to the Company all memoranda, notes, records, manuals, or other documents, including all copies of such materials and all documentation prepared or produced in connection therewith, containing Trade Secrets or Confidential Information regarding the Company's business, whether made or compiled by me or furnished to me by virtue of my employment with the Company. I shall promptly deliver to the Company all vehicles, computers, credit cards, telephones, handheld electronic devices, office equipment, and other property furnished to me by virtue of my employment with the Company.

**5. <u>No Publicity</u>.** I will not publish any opinion, fact, or material, deliver any lecture or address, participate in the making of any film, radio broadcast, or television transmission, or communicate with any representative of the media relating to the business or affairs of the Company. I understand that nothing in this Agreement: (1) is intended in any way to restrict or limit the Protected Rights set forth in Paragraph 7 of this Agreement or to intimidate, coerce, deter, persuade, or compensate me with respect to providing, withholding, or restricting any communication whatsoever to the extent prohibited by law; (2) shall prevent me from filing an administrative charge with the EEOC or participating in an investigation or proceeding by the EEOC or any other governmental agency; or (3) shall prevent me from providing testimony or evidence if I am subpoenaed or ordered by a court or other governmental authority to do so.

**6. <u>Non-Disparagement</u>.** I agree that I will not make any statement, written or verbal, in any forum or media or take any action in disparagement of the Company, including but not limited to negative references to the Company or its products, services, corporate policies, or current or former officers or employees, customers, suppliers, or business partners or associates. I understand that this Paragraph 6 is not intended to restrict or limit in any way the Protected Rights set forth in Paragraph 7 of this Agreement.

Classified - Confidential

**7. <u>Protected Rights.</u>** I understand that nothing in this Agreement is intended to limit my ability to make disclosures to, file a charge or complaint, or initiate or participate in communications, investigations, or proceedings with, the EEOC, the NLRB, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal, state or local governmental agency or commission ("Government Agencies"). I further understand that nothing in this Agreement is intended to limit or infringe on my rights under the National Labor Relations Act (NLRA) to bargain collectively or to exercise my rights under the NLRA to discuss, communicate, engage in concerted activity, or assist regarding workplace issues, labor disputes, unfair labor practices, working conditions, or other terms and conditions of employment. I further understand that I do not need to notify the Company or seek the Company's prior authorization before making such disclosures or engaging in such communications or activity.

**8. <u>Inventions, Discoveries and Authorship</u>.** I agree to and do hereby assign to the Company, without charge, all my rights, title, and interest in and to any and all inventions and discoveries that I have made or may make, solely or jointly with others, while in the employ of the Company, that (a) relate to or are useful to or may be useful in connection with business of the nature, type or character carried on or contemplated by the Company, or (b) were or are made using the Company's equipment, supplies, facilities, or trade secret information and all my rights, title, and interest in and to any and all Patent Properties (as defined below); and upon request of the Company, whether during or subsequent to my employment with the Company, I will do any and all acts and execute and deliver such instruments as may be deemed by the Company necessary or proper to vest all my rights, title, and interest in and to said inventions, discoveries, and Patent Properties and to secure or maintain such Patent Properties. For the purpose of this agreement, "Patent Properties" shall mean any and all domestic and foreign (i) applications for utility patents, design patents or industrial designs, petty patents, utility models, or Gebrauchsmuster; (ii) as well as any divisions, continuations, or other application claiming the priority of any of the above and covering such inventions and discoveries; (iii) any and all utility patents, design patents or industrial designs, petty patents, utility models, or Gebrauchsmuster granted for such inventions and discoveries; and (iv) any and all reissues, extensions and revivals of any of the above. All necessary and proper expenses in connection with the foregoing will be borne by the Company, and, if I perform services in connection therewith at the Company's request after termination of my employment with the Company, the Company will pay reasonable compensation for such services. Any inventions and discoveries relating to the Company's business made or conceived by me within one year after termination of my employment with the Company will be deemed to be within this provision, unless I can prove that such conception or invention is not based upon or related to any Confidential Information or Trade Secrets, as defined herein, of which I became aware during and pursuant to my employment with the Company. I also assign to the Company, without charge, all my rights, title, and interest in and to all original works of authorship fixed in any tangible form or medium or expression that have been or are prepared by me, solely or jointly with others, within the scope of my employment with the Company. In addition, the Company and I hereby agree that any such original work of authorship that qualifies as a "work made for hire" under the U.S. copyright laws will be a "work made for hire" and will be owned by the Company as to contract formation, interpretation and construction issues, and by the federal patent and copyright laws of the United States as to potential copyright issues.

**9. <u>Non-Competition and Non-Solicitation</u>.** I agree that for two years after my employment with the Company ends for any reason whatsoever, I will not, directly or indirectly, except with the prior written consent of the Company: (a) enter into or maintain an employment, contractual, or other relationship to perform the Prohibited Activities (as defined below) in the Territory (as defined below) for or on behalf of any person or business entity that competes with the Business of the Company (as defined below); (b) enter into or maintain an employment, contractual, or other relationship to perform the Prohibited Activities (as defined below) in any geographic area in which the Company did business during my employment, for or on behalf of any Customer (as defined below) of the Company with whom I had material contact during the last two years of my employment with the Company; (c) enter into or maintain an employment, contractual, or other relationship to perform the Prohibited Activities (as defined below) in any geographic area that the Company did business during my employment, for or on behalf of any company listed in Attachment B to this Agreement; (d) solicit or encourage, or attempt to solicit or encourage, directly or by assisting others, any Customer to do business with any person or entity that competes with the business of the Company for purposes of providing services or products that are competitive with those provided by the Company, whether or not the relationship between the Company and such Customer was originally established in whole or in part through my efforts, if the Customer solicited is one with which I had material contact on the Company's behalf during the last two years of my employment with the Company; and/or (e) solicit or encourage, or attempt to solicit or encourage, any person who is an employee of the Company, or who was an employee of the Company at any time during the six-month period immediately preceding the termination of my employment with the Company, and with whom I had contact during the last two years of my employment with the Company, to terminate his or her employment with the Company or to accept employment with any other person or entity.

Classified - Confidential

**10. <u>Definitions</u>.** For purposes of this Agreement

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) products
 or services will be considered competitive with those provided by the Company if the
 products or services are flavored alcoholic beverages or non-alcoholic beverages, beverage
 enhancers and related services of the type conducted, authorized, offered or provided
 by the Company within two years prior to the termination of my employment,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the "Territory"
will be defined as the geography described on Attachment A to this Agreement,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 Business of the Company will be the development, production, marketing, sale and distribution
 of flavored alcoholic beverages, non-alcoholic beverages, beverage enhancers and related
 services or similar activities conducted, authorized, offered or provided by the Company
 within two years before the termination of my employment,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the
 "Prohibited Activities" will be providing executive, management, sales, operations,
 manufacturing, marketing or research and development services of the type I conducted,
 provided or performed on behalf of the Company within two years prior to the termination
 of my employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) "Customer"
 means anyone who is or was a customer of the Company during my employment with the Company,
 or is a prospective customer of the Company to whom the Company has made a presentation
 (or similar offering of services) within the one-year period immediately preceding the
 termination of my employment with the Company.

**11. <u>Governing Law; Forum</u>.** I hereby agree that this Agreement, and the rights and obligations established herein, shall be governed and construed in accordance with the laws of the State of Georgia, irrespective of its choice-of-law rules; provided, however, that Section 9 of this Agreement (Inventions, Discoveries and Authorship) is to be governed by and interpreted in accordance with the patent and copyright laws of the United States. I further agree that any litigation regarding this Agreement or the claims released herein that is not subject to the arbitration provisions set forth in Paragraph 12 of this Agreement shall be conducted in a court of competent jurisdiction in the State of Georgia, and I hereby irrevocably consent to the jurisdiction of such courts.

**12. <u>Arbitration and Class Action Waiver</u>.** I understand and agree that, in the event there is any dispute or claim arising out of or relating to this Agreement or the release of claims set forth in Paragraph 1 of this Agreement (the "Release"), my employment by the Company, my promises or duties owed to the Company or the Company's promises or duties owed to me, including, without limitation, a dispute about the validity, enforceability, or coverage of the Release or the assertion of a claim covered by the Release, all such disputes or claims will be resolved exclusively through a final and binding arbitration on an individual basis only, and not in any form of class, collective, or private attorney general representative proceeding ("Class Action Waiver"). Notwithstanding the foregoing, this Paragraph 12 shall not apply to any request for injunctive relief arising out of or relating to Paragraph 3 of this Agreement (Trade Secrets and Confidential Information), Paragraph 8 of this Agreement (Inventions, Discoveries and Authorship), and/or Paragraph 9 of this Agreement (Non-Competition and Non-Solicitation). This binding arbitration provision is governed by the Federal Arbitration Act (9 U.S.C. §§ 1 et seq.) and is not intended to cover claims that cannot by controlling law be required to be arbitrated, nor does it prevent the filing of a complaint with a governmental administrative agency to the extent such complaints are permitted notwithstanding an agreement to arbitrate. Such complaints include, without limitation, those filed with the National Labor Relations Board, Equal Employment Opportunity Commission, and/or the U.S. Department of Labor. I understand and agree that any arbitration proceeding initiated under this agreement will be governed by the American Arbitration Association's Employment Arbitration Rules and Mediation Procedures ("AAA Employment Rules"), and that no other rules or procedures (including AAA's Supplementary Rules for Class Arbitrations) are to be applied to any such proceeding. The AAA Employment Rules, which include an explanation of the process for commencing an arbitration and other rules governing an arbitration, may be found at the AAA's web site, www.adr.org, or by searching for "AAA employment arbitration rules" using an internet search engine such as Google.com. In all cases where required by law, the Company will pay the AAA administrative fees, as well as the Arbitrator's fees and expenses. I understand and agree that I am responsible to pay my own legal fees and expenses associated with any arbitration proceeding, subject to the Arbitrator's authority to award attorney fees, costs or other remedies in accordance with applicable law. A party may apply to a court of competent jurisdiction (i.e., a state court or the United States District Court for the District in which the facility location to which I was last assigned by the Company is located) for temporary or preliminary injunctive relief in connection with an arbitrable controversy, but only upon the ground that the award to which that party may be entitled may be rendered ineffectual without such provisional relief. Notwithstanding any other clause contained in this Agreement or the AAA Employment Rules, any claim that all or part of the Class Action Waiver is invalid, unenforceable, unconscionable, void or voidable may be determined only by a court of competent jurisdiction and not by an arbitrator. All other issues raised by the dispute between the Company and myself, including without limitation a request for permanent injunctive relief and enforceability of the Agreement, shall be determined by the arbitrator. I understand that this Paragraph 12 is not intended to restrict or limit in any way the Protected Rights set forth in Paragraph 7 of this Agreement.

Classified - Confidential

**13. <u>General Provisions</u>.** (i) <u>Entire Agreement</u>**.** This Agreement is the complete understanding between me and the Company in respect of the subject matter of this Agreement and supersedes all prior agreements relating to the same subject matter to the extent, and only to the extent, this Agreement is inconsistent with the provisions of such prior agreements. I expressly agree that the provisions of any agreement I have previously signed regarding assignment to the Company of all rights in and to certain inventions, discoveries, and original works of authorship relates to a different subject matter, and the provisions of that agreement shall remain enforceable according to its terms and shall not be subject to Section 9 of this Agreement (Arbitration). By signing this Agreement, I acknowledge and affirm that I have not relied upon any representations, promises or agreements of any kind except those set forth herein. (ii) <u>Severability</u>. In the event that any provision of this Agreement should be held to be invalid or unenforceable, each and every other provision of this Agreement shall remain in full force and effect. Further, if any provision of this Agreement is found to be invalid or unenforceable, such provision shall be modified as necessary to permit this Agreement to be upheld and enforced to the maximum extent permitted by law. (iii) <u>Successors and Assigns</u>. This Agreement inures to the benefit of the Company and its successors and assigns. (iv) <u>Amendment/Waiver</u>. No amendment, modification or discharge of this Agreement shall be valid or binding unless set forth in writing and duly executed by each of the parties hereto.

**14. <u>Acknowledgment</u>.** I hereby acknowledge and affirm that I have read this Agreement carefully, that I have had a full and reasonable opportunity to consider this Agreement, and that I have not been pressured or in any way coerced, threatened, or intimidated into its execution. I understand that it is my right to have this Agreement reviewed by an attorney of my choosing, and I have been encouraged to do so by the Company. By knowingly and voluntarily signing this Agreement below, I acknowledge and affirm that I fully understand each of this Agreement's terms and conditions, and that I intend to abide by them in every respect.

*By typing your name below, you are (a) certifying that the Full and Complete Release and Agreement on Trade Secrets and Confidentiality, above, is correct; and (b) agreeing that your typed name is your electronic signature and to use an electronic signature to acknowledge the correctness of the Certification. Your electronic signature is as legally binding as an ink signature.*

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|:---|
| NOT APPLICALBE. DOCUMENT PROVIDED AS REFERENCE ONLY. |
| Signature |
| NOT APPLICALBE |
| Printed Name |

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<br> Date: <u> NOT APPLICABLE</u>

Classified - Confidential

**ATTACHMENT A**

1. The following States of the United States.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut , Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming.

2. The following Territories of the United States.

American Samoa, District of Columbia, Federated States of Micronesia, Guam, Midway Islands, Northern Mariana Islands, Puerto Rico, Republic of Palau, Republic of the Marshall Islands, U.S. Virgin Islands,

3. Canada

Classified - Confidential

**ATTACHMENT B**

**(Competitors for purposes of Section 9(c))**

1. Prohibited Competitors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. PepsiCo., Inc.,

Nestlé

Dr. Pepper Snapple Group, Inc.

Groupe Danone

Kraft Foods Inc.

Unilever

Cott Corporation / Primo Brands

Starbucks

Classified - Confidential

## Exhibit 99.1

**Exhibit 99.1**

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|:---|:---|
| ![](ko_logo.jpg) | **News Release** |

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**The Coca-Cola Company Announces Leadership Transition <br> for North America Operating Unit**

**ATLANTA, June 25, 2026 –** The Coca-Cola Company today announced that Jennifer Mann will step down from her role as EVP and President, North America Operating Unit effective Aug. 1, at which time John Murphy, President and Chief Financial Officer, will assume responsibility for the North America Operating Unit on an interim basis. Mann will stay with the company through April 2027 as senior advisor to ensure a smooth transition.

A successor for President, North America Operating Unit will be announced at a later date.

Mann began leading the company's largest operating unit on Jan. 1, 2023, with a focus on accelerating growth as a purpose-driven total beverage company. Under her leadership, the North America Operating Unit has delivered strong revenue and profit growth.

"I am grateful to Jennifer for her tremendous contributions to The Coca-Cola Company as an operator and leader," said Henrique Braun, CEO. "Her people-first legacy remains in the many high-performing teams she's led across the Coca-Cola business."

**About Jennifer Mann**

Over her 29-year tenure with The Coca-Cola Company, Mann served in roles of increased responsibility spanning operations and customer leadership. From 2019 until leading North America, Mann was president of Global Ventures, including Costa Coffee and Coca-Cola's investment in Monster Beverage Corp. She served as SVP and chief people officer from 2017 until 2019. She was chief of staff for James Quincey, then President and Chief Operating Officer and later CEO, from 2015 to 2018.

From 2012 to 2015 as vice president and general manager of Coca-Cola Freestyle, Mann accelerated its global expansion across the Coca-Cola system. Additional prior roles include vice president, Foodservice & On-Premise Strategy and Marketing for Coca-Cola Refreshments; director, McDonald's Customer & Consumer Operations and director, Good Answer. Mann joined Coca-Cola in 1997 as a manager in the National Customer Support division of North America.

Mann serves on several board of directors including Verizon Communications, Inc., American Beverage Association, Boys & Girls Clubs of America, Coca-Cola FEMSA, fairlife LLC, Morehouse College, and Ronald McDonald House Charities.

**<u>About The Coca-Cola Company</u>**

The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and Santa Clara. We're constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.

**Contacts:**

<u>Investors and Analysts</u>: Todd Beiger, koinvestorrelations@coca-cola.com

<u>Media</u>: Scott Leith, sleith@coca-cola.com