Coca ColaKO

01Worldwide unit case volume increased 5% for the three months ended July 3, 2026 compared to the prior year period Unit case volume growth occurred across sparkling flavors, water, sports, coffee and tea, juice, value-added dairy and plant-based beverages, and energy drinks in multiple regions The Company states unit case volume is one of the indicators of the underlying strength of the Coca-Cola system because it measures demand for our products at the consumer level

02The concentrate-based business model insulates the Company from manufacturing cost volatility while enabling pricing initiatives to flow through to margin expansion. Because bottlers bear production and distribution costs, higher commodity costs can be partially offset by pricing actions without the Company absorbing the full input cost increase itself.

03The Company had cash, cash equivalents, short-term investments and marketable securities totaling $16.4 billion as of July 3, 2026 The Company had $6.6 billion in unused backup lines of credit for general corporate purposes as of July 3, 2026 Net cash provided by operating activities during the six months ended July 3, 2026 was $7,543 million The Company states it believes its current liquidity position is strong and will continue to be sufficient to fund operating activities and cash commitments for the foreseeable future The Company paid dividends of $4,562 million during the six months ended July 3, 2026 and the Board approved a quarterly dividend of $0.53 per share payable October 1, 2026

04Geographic diversification across developed and emerging markets provides multiple growth vectors, with the refranchising strategy shifting capital intensity to bottling partners while retaining high-margin concentrate sales. Double-digit volume growth in markets like Colombia, Peru, and India suggests the system can capture per-capita consumption gains in lower-penetration markets.