THIRD QUARTER 2026 TRADING UPDATE

Strong Q3 drives improved FY revenue guidance

Coca-Cola HBC AG, a growth-focused Consumer Packaged Goods business and strategic bottling partner of The Coca-Cola Company, today announces its Q3 2026 trading update.

Third quarter highlights

Relentless focus on strategic priorities drives organic revenue growth¹ of 9.0%

• Strong momentum in volumes, with organic growth of 5.4%, led by Sparkling +4.5% and Energy +24.7%
• Organic revenue per case up 3.4%, driven by targeted revenue growth management initiatives 
• Reported revenue grew 9.6%, driven by strong organic growth and a small benefit from FX translation
• Value share growth of 70 basis points in Non-Alcoholic Ready-To-Drink (NARTD) year-to-date²

Strong organic volume and revenue growth across all three segments

• Established: Organic revenue growth of 8.0%, with volumes up 5.6% reflecting strong in-market execution during the peak season
• Developing: Organic revenue up 8.7%, led by revenue per case expansion, with volumes up 3.7%
• Emerging: Organic revenue up 9.8%, with strong volume growth of 5.8%, led by Nigeria

Continued investment in our 24/7 portfolio and bespoke capabilities

• Strength in Trademark Coke, as we leveraged innovations, FIFA World Cup^TM activations and local partnerships across key music and meal occasions, in partnership with The Coca-Cola Company
• New visual identity of Coca-Cola Zero Sugar now rolled out to the majority of our markets, with dedicated activations and focused execution
• Accelerating momentum in Coca-Cola Zero Sugar Zero Caffeine, delivering triple-digit growth
• Ongoing strength in Powerade, benefitting from FIFA World Cup^TM activations in July and local sports partnerships
• Strong Energy growth was supported by Monster innovations and local marketing activations
• Strong growth of Coffee in the out-of-home channel, our strategic priority

Remain on track to complete the acquisition of Coca-Cola Beverages Africa by the end of 2026

• Clearance by antitrust authorities received in five out of six jurisdictions to date; Tanzania pending

¹_{For details on APMs refer to ‘Alternative Performance Measures’ and ‘Definitions and reconciliations of APMs’ sections.}

²_{Period refers to August year-to-date 2026, according to Nielsen and HIST methodology, excluding Russia.}