Coca Cola Europacific Partners : Modern Slavery Statement 2023

Modern Slavery Statement

2023

FURTHER

TOGETHER

We are Coca-Cola Europacific Partners, one of the world's leading consumer goods companies - making, moving and selling some of the world's most loved drinks to millions of consumers, customers and communities every day. Everything we

do is built on three strategic pillars: great brands, great people and great execution. Done sustainably.

In this year's report

1. Message from our Chief People & Culture Officer 3
2. Introduction 5
3. Key areas of action in 2023 6
4. Our structure, operations and supply chains 8
5. Our governance and framework 10
6. Our actions to assess and address modern slavery risks 20
7. Our process for responding to a breach of human rights 23
8. Assessing the effectiveness of our actions 29
9. Future focussed 33
10. Reporting entities covered by this statement 34

Visit our online Integrated Report

at cocacolaep.com/investors/ financial-reports-and-results/latest-integrated-report

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Message from

Véronique Vuillod, Chief People & Culture Officer

The way we operate our business, day in, day out, starts with our clear purpose and commitments.

We exist to refresh Europe, Australia, the Pacific and Indonesia (API)*, and make a difference. We want to deliver sustainable growth, create value for all our stakeholders and build a better future for our business, our communities and the planet.

This is why our sustainability action plan, This is Forward, is at the heart of our long-term business strategy and sets out our social and environmental commitments, where we know we can make a significant difference.

To us, human and workplace rights are inviolable and fundamental to our sustainability as a business. Everyone who works for and with Coca-Cola Europacific Partners plc (CCEP) deserves to be treated with dignity and respect. And as we continue to grow, this becomes ever more important.

Our approach is to identify current and evolving human rights risks, and to develop proactive measures to manage them before they occur. As part of this, we expect and support all 32,000 of our employees and all 16,000 of our supplier partners across our end-to-end value chain to share our commitments, and to recognise and address human rights risks and issues across our business.

We support the 10 principles of the United Nations (UN) Global Compact. We have a strong Human Rights Policy, which aligns with accepted international standards. We have a zero-tolerance approach to modern slavery of any kind, including forced labour, and any form of human trafficking within our operations, and by any company that directly supplies or provides services to our business.

Our commitments are strong, and we have made even more progress this year to act on them.

First, we did even more to build on the ways we support, develop and engage our employees to play their part. We reviewed our Human Rights Policy, amongst others, and made it accessible to everyone on the same platform, helping ensure equal treatment and access to important information. As required in Germany, we published our first Statement of Principles ("Grundsatzerklärung"), building on our company-wide Human Rights Policy with specific details of the actions we have taken to address risks locally.

*On 26th February 2024, Coca-Cola Europacific Partners plc acquired Coca-Cola Beverages Philippines Inc. (CCBPI) which has prompted the renaming of the Australia, Pacific and Indonesia (API) region to the Australia, Pacific and South East Asia (APS) region.

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We also continued to deliver mandatory human rights training for all our employees, to develop their knowledge and capabilities to follow our commitments in their work.

79,5% in Europe and 80,15% in API have completed the training.

And, for the second time, we invited employees to participate in our inclusion survey and give feedback on their inclusion experience. Over 13,000 employees took part, ranking "being treated with dignity and respect" as their most positive experience and scoring "feeling safe to speak up" eight points higher than previously.

We also ran our first online human rights quiz for all employees across CCEP, which was completed by approximately 850 employees, and showed a strong understanding of key human rights topics, and that the support we provide is effective.

Additionally, we made changes to further support the compliance of our supplier partners. All suppliers now go through the same

evaluation to make sure they are compliant with our policies at the time they onboard with us. This includes our Responsible Sourcing Policy which is included in all new contracts and sets out the mandatory guidelines that our direct and indirect suppliers must comply with, and a supplier questionnaire on modern slavery, which we've extended in API.

We also introduced new technologies to help us identify and address modern slavery risks in our

supply chain.

Finally, we carried out a human rights risk research project in each of our countries, which will help us to focus primarily where the highest risks have been identified. In Norway and Germany, we also carried out risk assessments following new legislation, which will help us develop proactive measures to manage risks locally and in Australia we undertook an internal Australian business unit risk assessment on the legal, regulatory and tax risk which included a deep dive into the human rights and modern slavery risks.

So, 2023 has been a strong year for progress. As we look to the future, we will continue to take firm action on our human rights commitments

Véronique Vuillod

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INTRODUCTION

This is the fourth statement of CCEP under the Modern Slavery Act 2018 (Cth) and the seventh statement under the UK Modern Slavery Act.

We consider human and workplace rights - as articulated in the UN's Universal Declaration of Human Rights, and the International Labour Organization's Declaration on Fundamental Principles and Rights at Work - to be inviolable.

Respect for human rights is fundamental to the sustainability of CCEP and the communities in which we operate. We are committed to ensuring that all people are treated with dignity and respect wherever they work or live.

We support the 10 principles of the UN Global Compact and take a proactive approach to respecting these rights in our workplace, in our supply chain, and in the communities in which we operate. We strive to provide a safe and healthy workplace and comply with applicable health and safety laws, regulations and internal requirements.

We recognise the importance of our obligation to observe and promote internationally recognised human rights in the way we conduct our business. We acknowledge that the risk of modern slavery may exist throughout our operations and supply chains and our joint Modern Slavery Statement for Europe and API, sets out the steps we are taking to identify and manage those risks.

We have a zero-tolerance approach to modern slavery of any kind within our operations and supply chain and together with our brand partner The Coca-Cola Company (TCCC), we expressly prohibit any form of all forms of modern slavery and human trafficking within our system or by any company that supplies or provides services to our business.

TCCC manages the development and marketing aspects associated with Coca-Cola beverages. CCEP prepares, distributes and sells TCCC branded products such as Coca-Cola Zero Sugar, Coca-Cola Classic, Fanta and Sprite through its manufacturing and logistics network across our business territories in Europe and API

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Key areas of action in 2023

At CCEP we are committed to continually improving our operations, and those of our partners, by identifying, preventing and mitigating against modern slavery risks. This is a journey and each year we strive to make progress through continuing to enhance and implement the policies, frameworks and practices which underpin both, across every aspect of our business and supply chains.

Every employee and supply partner plays a role in making that a reality. We've come from a strong foundation across CCEP, underpinned by the framework of The Coca-Cola Company, which includes very strong standards to prevent modern slavery. In 2023, as CCEP continues its journey, we have sought to learn more about the potential risks of modern slavery that exist in our operations and critically within our supply chains.

• Human rights risk research project

Identifying and addressing actual and potential human rights risks continues to be a priority for CCEP. In 2023, we conducted human rights research for all countries in which CCEP operates. This research included reviewing and assessing local laws and legislation in force that aim to protect people and human rights, including those related to the environment, together with media reports from each jurisdiction related to human rights. Our research will be used to inform and prioritise future country based human rights risk assessments, which will enable us to continue to address actual and potential human rights risks.

• Responsible Sourcing Policy (RSP)
  Modern Slavery Questionnaire (MSQ)

We launched one aligned Responsible Sourcing Policy (RSP) across CCEP, which incorporates all of the existing supplier policies; Supplier Guiding Principles, and Principles of Sustainable Agriculture and included a new supplier questionnaire on Modern Slavery in Australia, the Pacific and Indonesia (API).

All new CCEP suppliers must go through an onboarding process, which includes an evaluation of their organisation and processes to ensure their compliance with CCEP policies. Since 2022, CCEP has been rolling out a MSQ to all new suppliers to all new suppliers in API, which aims to collect information about potential modern slavery risks in the supplier's organisation and/or practices. Whilst Australia implemented the MSQ in 2022, Indonesia implemented the process in mid-June 2023, with a local version that is translated into local language. In 2023, approximately 700 new suppliers were onboarded across API, of which approximately 600 were Australian suppliers.

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• Published a webpage dedicated to human rights in Great Britain and Australia

CCEP published 10 new local external facing webpages dedicated to human rights, including our local Great Britain and Australian websites, to increase accessibility to information. These pages provide insights about human rights at CCEP and outline how CCEP works to protect human rights and prevent human rights breaches.

In addition, our dedicated external Speak up channels are easily accessible from the pages and can be used to raise any concern, including those related to human rights, modern slavery or human trafficking. CCEP's Speak Up channels allow for the anonymous reporting of incidents or concerns, so employees, suppliers or other interested parties can feel safe and comfortable raising their concerns.

• Expanding visibility of risks within the supply chain by using technology

In 2023, our Procurement function continued to broaden the coverage of the EcoVadis IQ platform. It is a supply chain and vendor screening solution focusing on ethical, social and environmental aspects. EcoVadis IQ covers the non-strategic suppliers within the CCEP network. This complements the existing EcoVadis platform which is used to management the risks for our strategic suppliers. Combining the Ecovadis core functionality with the monitoring functionality provided by the EcoVadis IQ platform across our entire supplier base significantly increases the supply chain and vendor screening capabilities within the ethical, social, and environmental dimensions for CCEP.

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Our structure, operations and supply chains

Country	Employees	Production facilities
Belgium	2,096	3
Bulgaria	1,196	Working in shared
service centre
Continental France	2,623	5

Structure and operations

CCEP is the world's largest Coca-Cola bottler by revenue.

We make, move and sell some of the world's most iconic brands - serving 600 million consumers and helping over two million customers across 31 countries. We combine the strength and scale of a large, multinational business with an expert, local knowledge of the customers we serve and communities we support. The company is currently listed on Euronext Amsterdam, the NASDAQ Global Select Market, London Stock Exchange and on the Spanish Stock Exchanges, trading under the symbol CCEP.

CCEP has operations across Andorra, Australia, Belgium, continental France, Fiji, Germany, Great Britain, Iceland, Indonesia, Luxembourg, Monaco, the Netherlands, New Zealand, Norway, Papua New Guinea, Portugal, Samoa, Spain and Sweden. We employ more than 32,000 people (10,000 API and 22,000 Europe) and support thousands more jobs in the communities in which we operate. Across our teams we work as one, united by a shared purpose and common values.

As a brand owner and partner to a range of iconic businesses, CCEP manufactures, packages, distributes and sells drinks including sparkling beverages, water, sports and energy drinks, fruit juices, iced tea, flavoured milk, coffee, beer, cider and spirits. We support the growth of our two million customers through the quality of the service we provide, our understanding of their businesses, the strength of our sales force and the value our products create.

Germany	6,473	16
Great Britain	3,487	5
Iceland	166	2
Luxembourg	69	0
The Netherlands	803	1
Norway	568	1
Portugal	373	1
Spain	3,591	10
Sweden	725	1
Australia	3,652	14
Fji	576	0
Indonesia	4,145	9
New Zealand and Pacific Islands	1,211	13
Papua New Guinea	561	2
Samoa	54	0

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Our supply chain

At CCEP we seek to create genuine, shared value with our supplier partners built on collaboration and innovation whilst putting sustainability at the heart of everything we do. We recognise the importance of our suppliers in ensuring our supply chains are sustainable. We source products from over 16,000 suppliers and had a procurable spend of ~ €7 billion with them in 2023.

In 2023, 84% of our supplier spend was with suppliers based in our countries of operation in Europe and API.

Our key supply categories include commodities and services such as ingredients, packaging, energy, capital equipment, buildings and facilities, fleet and logistics, sales and marketing, IT, telecoms, general administration and professional services.

How we source is critically important to CCEP, and we are committed to sustainably sourcing our ingredients, raw materials and packaging. Our largest spend category is concentrates and syrups, which are supplied by our brand partners and other third parties with the entire requirement of our concentrates and syrups for Coca-Cola trademark beverages sourced from TCCC. Many of the purchases of our priority agricultural ingredients and primary packaging, such as sugar and juices, aluminium cans, glass bottles, PET resin, closures and secondary packaging are made in partnership with TCCC and other Coca-Cola Bottlers. As a result, we address many of the issues we face in our supply chain, including modern slavery, as a system.

Currently ~75% of CCEP's packaging requirements are manufactured within CCEP territories with approximately ~45% of inputs sourced overseas from countries including Poland, Czech Republic and Taiwan. Unlike 2022, where we experienced significant supply challenges across many categories, both domestically and for inputs sourced from overseas, in 2023 we returned to pre-pandemic supply continuity levels. CCEP continues to improve its ability to identify and manage supply chain risks, including modern slavery risks, by implementing systems and processes such as EcoVadis, EcoVadis IQ, Resilinc and FRDM. These are technology partners to increase supply chain visibility and supplement existing controls to proactively identify risks in our suppliers and their supply chains. This assists us with ensuring that all goods and services are evaluated and approved in line with CCEP's policies and guidelines.

The agricultural commodities of sugar and juice still represent the most significant modern slavery risk to CCEP. However, through our Responsible Sourcing Policy CCEP continues to achieve high levels of compliance to our Principles of Sustainable Agriculture (PSA). In 2023, 99.4% of CCEP's sugar was sourced via globally recognised accreditation schemes, including Bonsucro, Farm Sustainability Assessment (FSA) and Best Management Practice (BMP) Smartcane and 100% of CCEP's orange and lemon juice was sustainably sourced.

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Our governance and framework

Accountable

All CCEP Employees & Supply Chain Partners

Governance

Board | Environmental, Social and Governance (ESG) Committee (Board Committee) | Compliance

• Risk Committee of the Executive Leadership Team (Management Committee)

Policy

Code of Conduct | Human Rights | Supplier Guiding Principles | Principles for Sustainable Agriculture | Responsible Sourcing Policy | Speak up Policy

At CCEP, our Code of Conduct, policies and guidelines have an important role in ensuring respect for human rights throughout our business and supply chains. These policies reflect our values, underpin our ways of working and form the basis of the governance framework we have in place to enable CCEP to monitor and remediate against modern slavery.

CCEP has a strong governance framework. The Board of Directors oversees the interests of all stakeholders. Five committees support the Board. These include the Environmental, Social and Governance (ESG) Committee, which is responsible for overseeing CCEP's sustainability strategy and all related policy issues and risks, including human rights. CCEP has also established a Compliance and Risk Committee, which among other things, advises the ethics and compliance function of our business and provides management oversight regarding the ethics and compliance programme.

CCEP is committed to an aligned policy approach across the organisation. In 2023, we started to integrate API countries onto our internal policy platform, meaning everyone at CCEP has access all policies in the same way and in local languages. We also took the opportunity to improve and harmonise our Policy Hub. As a result, we reduced the total number of policies by ensuring global policies, such as the Human Rights Policy and Code of Conduct, are the same across all territories. Policies are a crucial element to ensure everyone at CCEP is treated equally and one platform enables us to do so.

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