Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 5, 2022, the Remuneration and Nomination Committee of the Board of Directors of Keurig Dr Pepper Inc. (the "Company") approved certain compensatory arrangements for Robert Gamgort in connection with his reappointment as President and Chief Executive Officer of the Company effective as of November 9, 2022. In connection with his reappointment as President and Chief Executive Officer, Mr. Gamgort will receive an annual base salary of $1,500,000 and will be eligible to receive an annual bonus at a target level of 150% of his base salary, which arrangements will be effective retroactively to November 10, 2022.

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