Transcript of
Annual Meeting Page Welcome Video by
Jennifer Manning, Associate General Counsel and Corporate Secretary
of
The Coca-Cola Company
Hello, I’m
Jennifer Manning, Associate General Counsel and Corporate Secretary
of The Coca-Cola Company. I’m here to tell you a bit more about our
Annual Meeting of Shareowners, which will be held virtually this
year.
First and
foremost, on behalf of the Board of Directors and my fellow
employees at Coca-Cola, I want to thank you for your investment and
your interest in our Company. Our web page is a convenient way to
get ready for the meeting. On the webpage, you can view important
informational materials as well as vote your shares and submit
questions in advance of the meeting. Like last year, we are again
conducting a virtual Annual Meeting of Shareowners, rather than
bringing people together in a physical location. We are excited to
continue employing the latest technology to provide expanded
shareowner access while minimizing the costs for our shareowners
and our Company.
Please
check the Annual Meeting webpage or your proxy materials for
specific information regarding registration and attendance. Our
annual meeting is always a great opportunity to look back at our
accomplishments and look forward to our future. We are proud of our
strong results last year, notwithstanding many challenges and we
are confident that we are well-equipped for the future thanks to
the incredible people we have around the world.
Your voice
is vital to our future. Please vote your shares. You can vote in
advance by signing and returning your proxy card or voting
instruction form, using the phone or internet voting, or clicking
on the voting link on this page. You can also vote electronically
during the Annual Meeting by following the instructions in our
proxy statement to register to attend the meeting. As always, your
proxy statement contains detailed information on the items up for a
vote.
I hope
you’ll join us for this year’s virtual Annual Shareowners’ meeting.
Again, thank you for your investment and your confidence in this
great business as we work to refresh the world and make a
difference.
Transcript of
Annual Meeting Page Video by
Maria Elena Lagomasino, Lead Independent Director of
The Board of Directors of The Coca-Cola Company
Hi, I’m
Mel Lagomasino, the Lead Independent Director of The Coca-Cola
Company. I’m honored to serve in this role, because our Board
believes strong, independent leadership goes hand-in-hand with
building long-term value. It’s a part of how we pursue our purpose
to refresh the world and make a difference.
So what’s
my job? As Lead Independent Director I have robust and clearly
defined responsibilities. And, they’ve been shaped by what we’ve
heard and learned from shareowners.
One of my
jobs is to guide the Board in its core work overseeing the
Company’s business strategy, and I’m the Board’s key point of
contact for shareowners. The Lead Independent Director also leads
the annual performance evaluation for our Chairman and CEO, and the
annual Board evaluation process and presides at executive sessions
where the Chairman and CEO isn’t present.
Finally –
and this is a critical part of the job – the Lead Independent
Director plays a key role in planning for Board and management
succession. Our Board has a strong partnership with Chairman and
CEO James Quincey. Together, we ensure the Company is positioned to
grow successfully and sustainably.
We also
have a diverse, well-functioning Board with capable Directors who
have the right mix of skills. It’s about having a balance of
tenure, turnover, diversity and deep knowledge. We value fresh
perspectives and also the great experience that Directors gain over
time. Board refreshment is a journey, and we are committed to
fielding the best Board possible.
Finally,
shareowners expect – and deserve – to understand how and why we
make decisions in the boardroom. So we’re constantly building
relationships and trust over time. We’ve cultivated meaningful,
valuable relationships with our shareowners through our engagement
program, which is led by management and overseen by the
Board.
On behalf
of my fellow Directors, thank you for your investment in this
Company. And, especially, for the trust you place in us.
Transcript of
Annual Meeting Page Video by
Helene Gayle, Chair of the Talent and Compensation Committee of
The Board of Directors of The Coca-Cola Company
Hi, I’m
Helene Gayle, and I’m pleased to serve as the Chair of the Talent
and Compensation Committee of The Coca-Cola Company’s Board of
Directors.
To
accomplish our ambitious goals, it is key that we have the right
people and the right incentives to drive growth and achieve our
purpose as a Company. So, we need the right policies and strategies
in place to attract, retain and develop the talented and diverse
employees we need. As a Committee, our job is to oversee these
initiatives and monitor our progress to help prepare the Company
for the future.
When we
look at talent, the Committee reviews the Company’s strategies for
talent management, leadership development, retention and culture.
We evaluate workplace diversity and inclusion, equality and
fairness to ensure the Company maintains a consistent and fair
process when it comes to hiring and promoting.
We also
continue to evaluate our executive compensation programs to ensure
that they are consistent with our business strategy and incentivize
the behaviors that best position the Company for long-term growth.
We strive to ensure our plans effectively link pay and performance
and align executives’ interests with those of our shareowners and
other key stakeholders. We recently announced some important
updates to our executives’ compensation programs to further connect
executive incentives with our Environmental, Social and Governance
goals: We have added diversity, equity and inclusion goals into the
Annual Incentive plan. Additionally, we have tied sustainability
goals related to the Company’s World Without Waste packaging
strategy and its 2030 water security strategy under the Long-Term
Incentive program. We believe that these actions reinforce our
commitment to these important topics and will promote our efforts
across the ESG space.
To learn
more, please take a look at the Compensation Discussion and
Analysis in our proxy materials, which describes our current
program in detail. You can also review the Governance section in
our Proxy, which describes our talent priorities. Thank you for
your interest in the Company and our Committee’s important work and
please don’t forget to vote your shares at this year’s Annual
Meeting.