The Coca-Cola Company announced that Erin ?Ellie? May, currently Senior Vice President and Controller, was appointed to the additional role of Chief Accounting Officer, the Company?s Principal Accounting Officer, effective June 1, 2024. Mark Randazza, currently Senior Vice President, Assistant Controller and Chief Accounting Officer, who has been the Company?s Principal Accounting Officer since May 2017, will continue to serve in that role until the effective date of Ms. May?s appointment, and then will continue his role as Senior Vice President and Assistant Controller.

Ms. May, age 45, has been Senior Vice President since January 1, 2024 and Controller since she joined the Company on May 1, 2023, and served as Vice President from May 1, 2023 to December 31, 2023. Prior to joining the Company, Ms. May held various positions at Ernst & Young LLP for more than 20 years, including as an audit partner serving companies in the retail and consumer products industries, in EY?s National Accounting practice in New York and in the capital markets and audit practices in Europe, where, among other responsibilities, she oversaw the global audits of large multinational companies. On May 1, 2024, the Company provided Ms. May with a letter confirming her new position and setting forth the primary compensation elements that will be effective commencing June 1, 2024.

Pursuant to the letter, Ms. May?s base salary will be $470,000. Ms. May will continue to be eligible to participate in the Company?s annual and long-term incentive programs and will continue to be subject to the Company?s share ownership guidelines. The foregoing description is qualified in its entirety by reference to the letter to Ms. May, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.