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SEC filingCoca-Cola Europacific Partners PLC filed its 2026 AGM notice, proposing the election of new directors, approval of an updated remuneration policy, an LTIP amendment increasing executive limits to 600% of salary, and share buyback authorities.
The filing details the agenda for the 2026 Annual General Meeting of Coca-Cola Europacific Partners PLC. Key proposals include changes to the Board composition, with the retirement of Thomas H. Johnson and Guillaume Bacuvier, and the election of Laurence Debroux and Uvashni Raman as Independent Non-executive Directors. Mary Harris is set to be appointed as the new Senior Independent Director. A significant proposal for investors is Resolution 26, which seeks approval to amend the Long Term Incentive Plan (LTIP) to increase the maximum annual award limit for executive directors to 600% of basic salary, aligning the plan with the proposed new Directors' Remuneration Policy. Additionally, the company is seeking a waiver of Rule 9 of the Takeover Code (Resolution 25) to facilitate share buybacks without triggering a mandatory offer obligation for Olive Partners, S.A., which holds approximately 37.29% of voting rights. The company also reaffirmed its comparable operating profit guidance for the fiscal year ending 31 December 2026, previously announced on 17 February 2026.