Coca-Cola HBC AG announces appointment of Chief Executive Officer

Zug, Switzerland – 7 December 2017 - Coca-Cola HBC AG ("Coca-Cola HBC" or "the Company") today announces the appointment of Zoran Bogdanovic as the Company's new Chief Executive Officer with immediate effect. He succeeds Dimitris Lois who passed away in October. Mr. Bogdanovic will also be nominated as an executive director on the Board of Directors of Coca-Cola HBC at the Company's next General Meeting of Shareholders.

Mr. Bogdanovic is currently a Region Director, responsible for operations in 12 countries and has been a member of Coca-Cola HBC's Operating Committee since 2013. He joined Coca-Cola HBC in 1996 and has held a number of senior leadership positions, including as General Manager of the Company's operations in Croatia, Switzerland and Greece.

"Following a thorough process and benchmarking exercise, the Board is delighted to announce Zoran's appointment as Chief Executive Officer. Zoran has a track record of delivering results in diverse markets across our territories. His ability to bring out the best in people and apply innovative thinking to new challenges make him the ideal choice to lead Coca-Cola HBC through its growth era." said Anastassis David, Chairman of the Board of Directors of Coca-Cola HBC. "On behalf of the Board, I would like to thank Michalis Imellos for his excellent stewardship of our business during the interim period."