20 September 2021

Coca-Cola HBC AG (the “Company”)

Notification of transactions by Persons Discharging Managerial Responsibilities (“PDMRs”)

See the attachment.

The Board of Directors of TERNA ENERGY FINANCE S.A, following the election by the Shareholders' Extraordinary General Assembly held on 27 August 2021, was constituted into Body as follows:

1. Vasileios Delikaterinis                     Executive Member, Chairman,

2. Dimitra Chatziarseniou                   Non-executive Member, Vice-Chairman,

3. Aristotelis Spiliotis                           Executive Member, Managing Director

4. Georgios Mergos                             Independent non-executive member,

On the 28^th day of August 2021, TERNA ENERGY FINANCE S.A. held the Ordinary General Assembly, in which the sole shareholder, TERNA ENERGY S.A., duly represented, participated and the following decisions were made:

Item 1:  The General Assembly elected a new five-member Board of Directors, with a four-year term, consisting of:

1. Vasilis Delikaterinis

2. Dimitra Chatziarseniou

3. Aristotelis Spiliotis

4. Georgios Mergos    Independent non-executive member,