COCA-COLA İÇECEK A.Ş. — M&A Activity 2021

Nov 10, 2021

Summary Info	Notification Regarding Capital Markets Board (CMB) Application on the Merger of our 100% Owned Subsidiary Mahmudiye Kaynak Suyu Ltd. Under Our Company
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	09.11.2021
Merger Model	Merger Through Acquisition
Date Of Financial Statements Base To Merger	30.09.2021
Currency Unit	TRY

Acquired Company	Trading On The Stock Exchange/Not Trading On The Stock Exchange	Share Exchange Rate	Group of Share To Be Distributed To Acquired Company Shareholders	Form of Share To Be Distributed To Acquired Company Shareholders
Mahmudiye Kaynak Suyu Limited Şirketi	Not Trading On The Stock Exchange

Share Group Info	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital	New Shares To Be Given Due To Merger
A Grubu, İşlem Görmüyor, TRECOLA00029	80.000.000			80.000.000
B Grubu, İşlem Görmüyor, TRECOLA00037	51.114.298,631			51.114.298,631
C Grubu, CCOLA, TRECOLA00011	123.256.483,369			123.256.483,369

	Paid In Capital	Amount Of Capital To Be Increased Due To The Acquisition (TL)	Capital To Be Decreased (TL)	Target Capital
TOTAL	254.370.782 TL	0 TL	0 TL	254.370.782 TL

Capital Market Board Application Date	09.11.2021

Additional Explanations

"Mahmudiye Kaynak Suyu Limited Şirketi" (Mahmudiye), a 100% owned subsidiary of our Company holds some of our drinking water production facilities in Turkey in its asset base. Within our subsidiary structure simplification framework, our Company's Board of Directors resolved that Mahmudiye to merge with CCI under applicable legislation, with its decision dated 09.11.2021.

The merger transaction will be based on our Company's financial statements as of 30.09.2021. Since our Company currently owns 100% of Mahmudiye, there will be no capital increase. A formal application has been made to the Capital Markets Board (CMB) for the approval of the announcement text.

Documents Regarding Merger

Appendix: 1	CCI-Mahmudiye Birleşme Sözleşmesi-Taslak-091121.pdf - Merger Contract
Appendix: 2	Ek.3-Mahmudiye.Birlesme_Duyuru_Metni.pdf - Announcement Text