COCA-COLA İÇECEK A.Ş.

Share Issue/Capital Change • Mar 25, 2024

FOR GENERAL RELEASE TO THE PUBLIC March 13, 2024

CMB Application to Switch to Authorized Capital System

Pursuant to the Resolution of the Board of Directors of our Company dated March 4, 2024;

1. To amend Article 6 titled "Share Capital" of our Company's Articles of Association as stipulated in the attached amendment text, which enables our Company to switch to Authorized Capital System, in order to benefit from the transaction convenience provided to publicly traded companies within the framework of the Authorized Capital System Communiqué numbered II-18.1 issued by the Capital Markets Board;

2. To determine the upper limit of the registered capital of the Company shall be determined as TL 6,000,000,000 (Six Billion Turkish Liras), in consideration of the provision of the Capital Markets Board's Communiqué on Authorized Capital System (II-18.1) which entails the upper limit of the registered capital not to exceed five times the higher of the paid-in capital or shareholders' equity of the Company;

an application has been made to the Capital Markets Board in order to obtain the necessary permissions and approvals in accordance with the relevant legislation before the said amendment to the Articles of Association is submitted to the approval of the shareholders at the ordinary general assembly for the fiscal year 2023.

In the event that the Capital Markets Board approves the amendment, an application will be made to the Ministry of Trade to obtain the necessary permissions and approvals for the amendment of the Articles of Association. Following the approvals, the aforementioned amendment to the Articles of Association will be submitted to the Company's annual General Assembly meeting scheduled to be held in April for the fiscal year 2023.

We proclaim that our above disclosure is in conformity with the principles set down in "Material Events Communiqué (II-15.1)" of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we're personally liable for the disclosures.

Annex: Amendments to the Articles of Association / Article 6: Share Capital

Amendments to the Articles of Association / Article 6: Share Capital

OLD VERSION	NEW VERSION
Share Capital: Article 6: The Company's share capital is TL 254,370,782. This capital is divided into 25,437,078,200 shares, each with a nominal value of 1Kr. These shares are divided into (A), (B) and (C) Group shares. Group (A) and (B) shares are registered shares, Group (C) shares are bearer shares. TL 254,370,782, which constitutes the capital of the Company, has been fully paid free of collusion. In capital increases, Group (A) shares in proportion to Group (A) shares, Group (B) shares in proportion to Group (B) shares, and Group (C) shares in proportion to Group (C) shares will be issued to represent the increased capital. In capital increases, provided that it is on the agenda of the general assembly and an explicit decision is taken in this direction, the shares remaining after the use of the pre emptive right or in cases where the use of the pre-emptive right is restricted, all newly issued shares will be (C) Group bearer shares and will be offered to the public at the market price, not below the nominal value, in accordance with the communiqués of the Capital Markets Board. The shares representing the capital are monitored in dematerialized form at the Central Securities Depository within the framework of dematerialization principles.	Share Capital Article 6: The Company has adopted the registered capital system in accordance with the provisions of Law No. 6362 and the registered capital system was adopted with the permission of the Capital Markets Board dated …./…./… and numbered … The registered capital ceiling of the Company is TL 6,000,000,000. The authorized capital ceiling granted by the Capital Markets Board is valid for 5 years between 2024 and 2028. At the end of 2029, even if the permitted registered capital ceiling has not been reached, it is obligatory to obtain authorization from the general assembly for a new period not exceeding 5 years by obtaining permission from the Capital Markets Board for the permitted ceiling or a new ceiling amount. If the said authorization is not obtained, no capital increase can be made with the decision of the board of directors. The issued capital of the Company is TL 254,370,782. This capital is divided into 25,437,078,200 shares, each with a nominal value of 1Kr. These shares are divided into (A), (B) and (C) Group shares. Group (A) and (B) shares are registered shares, Group (C) shares are bearer shares. TL 254,370,782, which constitutes the capital of the Company, has been fully paid free of collusion. In capital increases, Group (A) shares in proportion to Group (A) shares, Group (B) shares in proportion to Group (B) shares, and Group (C) shares in proportion to Group (C) shares will be issued to represent the increased capital. In capital increases, provided that it is on the agenda of the general assembly and an explicit decision is taken in this direction, the shares remaining after the use of the pre-emptive right or in cases where the use of the pre-emptive right is restricted, all newly issued shares will be Group (C) bearer shares and will be offered to the public in accordance with the communiqués of the Capital Markets Board at the market price, not below the nominal value. Shares representing the capital are monitored in dematerialized form within the framework of dematerialization principles. The capital of the Company may be increased or decreased, if necessary, in accordance with the provisions of the Turkish Commercial Code and Capital Market Legislation.

Company Profile

CCI is a multinational beverage company operating in Turkey, Pakistan, Kazakhstan, Iraq, Uzbekistan, Azerbaijan, Kyrgyzstan, Bangladesh, Jordan, Tajikistan, Turkmenistan and Syria. In addition to the production and sales of carbonated and still beverages of The Coca-Cola Company and Monster Energy Beverage Corporation, CCI also produces fruit juice concentrate through its subsidiary Anadolu Etap İçecek.

CCI has 31 bottling plants, 3 fruit processing factories and more than 10,000 employees in 12 countries; offers a wide range of beverages to a population of more than 600 million. In addition to carbonated drinks, the product portfolio includes fruit juices, waters, sports drinks, energy drinks, iced teas and coffee.

CCI shares are traded at Borsa Istanbul (BIST) under the symbol "CCOLA.IS".

Contacts

Erdi Kurşunoğlu Chief Financial Officer Tel: +90 216 528 4410 erdi.kursunoglu@cci.com.tr

Melda Öztoprak Tuğçe Tarhan Investor Relations Senior Manager Investor Relations Executive Tel: +90 216 528 4367 Tel: +90 216 528 4119 melda.oztoprak@cci.com.tr tugce.tarhan@cci.com.tr

Çiçek Uşaklıgil Özgüneş Investor Relations and Treasury Director Tel: +90 216 528 4002 cicek.ozgunes@cci.com.tr