Coca-Cola Europacific Partners Plc (CCEP) has released an update.
Coca-Cola Europacific Partners Plc is urging shareholders to vote ‘FOR’ all board-recommended resolutions at the upcoming AGM, including a crucial waiver related to share buybacks under Rule 9 of the Takeover Code. Despite the proxy advisory service ISS’s recommendation to vote against certain resolutions, the company assures good governance and highlights Glass Lewis’s support. Additionally, CCEP believes the re-elections of non-independent members Arroyo and Comenge to the Remuneration Committee are in shareholders’ best interests, contrary to ISS’s stance.
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