Coca Cola Amatil : Annual General Meeting and Changes to the Board »

8 March 2017

Coca-Cola Amatil ("Amatil", "the Company" ASX: CCL) today announced that the Company's Annual General Meeting ("AGM") will be held at the Isabel Menton Theatre, Mary MacKillop Place, 11 Mount Street, North Sydney NSW 2060 on Tuesday, 16 May 2017 at 10.00am (AEST).

As previously disclosed, Amatil's Chairman David Gonski will retire at the AGM, and will be succeeded by Ms Ilana Atlas.

As part of the Board renewal process, three other Non-executive Directors will also retire at the AGM. These three retiring Directors are Mr David Meiklejohn, Mr Wal King and Mr Tony Froggatt.

Mr Gonski said that each of the outgoing Directors had made valuable contributions over many years, and the Company was very grateful to each of them.

The retirement of these long serving Directors has been allowed for in the Board's succession planning process. As a consequence of that planning, the Board has increased in size by the appointment of three additional Directors since 2015 - John Borghetti (in 2015), Mark G Johnson (in 2016) and Paul O'Sullivan (in 2017).

Mr Gonski said the Company would miss the substantial contribution, commercial acumen and knowledge of the business of the three outgoing Directors. However he was confident that the new Board would be an excellent one, particularly noting the relevant commercial expertise being brought by the three new members.

Mr Gonski also noted that the new Board would continue to reflect an appropriate range of skills, business talents, outlooks, backgrounds and diversity.

It is anticipated that the Board will continue at its 2015 size of nine. This will mean that an additional Non-Executive Director will be appointed to the Board during 2017 and will seek re-election at the AGM in 2018.

Mr Gonski also noted that the Board intends to appoint Mr Mark G Johnson as Chairman of the Audit and Risk Committee, upon the retirement of Mr Meiklejohn at the 2017 AGM.

The Company's Notice of Meeting for the 2017 AGM will be released to the ASX in April.

Coca-Cola Amatil is one of the largest manufacturers and distributors of ready-to-drink non-alcohol and alcohol beverages, coffee and ready-to-eat food snacks in the Asia Pacific region. Coca-Cola Amatil is also the authorised manufacturer and distributor of The Coca- Cola Company's beverage brands in Australia, New Zealand, Fiji, Indonesia, Papua New Guinea and Samoa. Coca-Cola Amatil directly employs around 14,000 people and indirectly creates thousands more jobs across the supply chain, partnering with key suppliers to manufacture, package, sell and distribute its products. With access to around 300 million potential consumers through more than 850,000 active customers, Coca-Cola Amatil is committed to leading through innovation, building a sustainable future and delivering long-term value to shareholders.