Appointment of Chief Financial Officer

Zug, Switzerland - 21 October 2020 - Following the announcement on 18 June 2020 that Michalis Imellos will step down from the role as Group Chief Financial Officer at the end of the first quarter of 2021, Coca-Cola HBC AG ("Coca-Cola HBC" or the "Company") today announced that Ben Almanzar will join the Company in the first quarter of 2021 and will be appointed Group Chief Financial Officer with effect from 1 April 2021.

Ben Almanzar has a proven track record and broad experience gained from senior financial positions in the global FMCG industry. He spent the past ten years with Mars Incorporated, including as Regional CFO, Europe & Southern Africa and most recently as Vice President, Financial Planning, Analytics and Financial Strategy. Prior to joining Mars, Ben spent ten years with Nestlé in a variety of finance roles in Europe.

As Group Chief Financial Officer, Ben will be based at the Company's head office in Zug, Switzerland and will lead Coca-Cola HBC's finance organisation with group-wide responsibility for accounting, treasury, financial planning, tax and investor relations.

Ben, a national of the Dominican Republic and the UK, holds a Bachelor's Degree from the Santo Domingo Institute of Technology and an MBA from the Rotterdam School of Management.

About Coca‑Cola HBC

Coca-Cola HBC is a growth-focused CPG business and strategic bottling partner of The Coca-Cola Company. We create value for all our stakeholders by supporting the socio-economic development of the societies in which we operate and we believe building a more positive environmental impact is integral to our future growth. Together, we and our customers serve more than 600 million consumers across a broad geographic footprint of 28 countries on 3 continents. Our portfolio is one of the strongest, broadest and most flexible in the beverage industry, offering consumer-leading partner brands in the sparkling, juice, water, sport, energy, plant-based, ready-to-drink tea, coffee, adult sparkling and premium spirits categories. These brands include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Royal Bliss, Costa Coffee, Valser, Romerquelle, Fanta, Sprite, Powerade, FuzeTea, Dobry, Cappy, Monster and Adez. We foster an open and inclusive work environment amongst our more than 28,000 employees and we are ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good.

Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE:CCH) and is listed on the Athens Exchange (ATHEX:EEE). For more information, please visit http://www.coca-colahellenic.com.