OFFICIAL PRESS RELEASE

Coca-Cola Beverages Philippines, Inc. (CCBPI) Announces Change of Company Name to Coca-Cola Europacific Aboitiz Philippines, Inc. (CCEAP)

Coca-Cola Beverages Philippines, Inc. (CCBPI) has changed the company’s legal name from “Coca-Cola Beverages Philippines, Inc.” to “Coca-Cola Europacific Aboitiz Philippines, Inc.” (CCEAP).

“Our new name signifies an exciting new phase in our journey as we reaffirm our commitment to serving our customers, supporting our people and communities, and driving long-term growth for the country. In the 113 years that Coca-Cola has called the Philippines home, we look forward to a hundred more years of refreshing our consumers and making a difference through our Great People, Great Beverages, Great Execution, and Great Partners — Done Sustainably,” says Gareth McGeown, President and CEO of CCEAP.

Following the announcement on 23 February 2024 on the completed acquisition of CCEAP by Coca-Cola Europacific Partners Plc (CCEP) and Aboitiz Equity Ventures, Inc. (AEV), the company has obtained approval from the Securities and Exchange Commission for the change of company name.

Sabin Aboitiz, President and CEO of Aboitiz Group says, “More than anything, this new name represents the strength of our partnership with Coca-Cola Europacific Partners. We share a solid commitment to our customers and communities, and with this new identity, we believe we can make a much more meaningful impact.”

SMA's Speech

Good morning, everyone!

It’s a beautiful day, perfect for a refreshing Coke, I have to say.

It’s a pleasure to be here as we unveil the new identity of Coca-Cola Europacific Aboitiz Philippines or CCEAP. More than just a name change, this is a bold statement about where we’re headed and the incredible opportunities we’re creating together.

You know, Coca-Cola has been around for over 130 years, and it’s still the most recognized brand in the world. They say if you stacked all the Coca-Cola ever produced, it could reach the moon and back over 2,000 times. I don’t think we’re planning to send Coke to the moon anytime soon, are we, Gareth? But we are shooting for the stars with this new partnership. With all the conflicts happening around the world today, I can guarantee that this is one of the things we all have in common.

This new identity represents the strength of our collaboration with Coca-Cola Europacific Partners. Together, we are committed to serving our customers, supporting our communities, and driving long-term growth for the Philippines. And trust me, this is just the beginning—we’re ready to pop the cap, so to speak, on some exciting things ahead.

So, today is a day of celebration, of progress, of partnership, and of promise.  I am confident that with the dedication of our teams, the support of our partners, and the trust of the Filipino people, the future of CCEAP is as bright as the sun is today.

Thank you, and congratulations to everyone who made this milestone possible. Now, let’s raise a Coke and toast to our future success!