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Format: PDF investor_presentation
OCTOBER 22, 2020 THIRD QUARTER 2020 EARNINGS CALL
THIRD QUARTER 2020 EARNINGS CALL2This presentation may contain statements, estimates or projections that constitute “forward -looking statements” as defined under U.S. federal securities laws. Generally, the words
“believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will” and similar expressions identify forward -looking stat ements, which generally are not historical in nature. Forward -
looking statements are subject to certain risks and uncertainties that could cause The Coca -Cola Company’s actual results to dif fer materially from its historical experience and our
present expectations or projections. These risks include, but are not limited to, the negative impacts of the novel coronavir us (COVID -19) pandemic on our business; obesity and other
health -related concerns; evolving consumer product and shopping preferences; increased competition; water scarcity and poor qual ity; increased demand for food products and
decreased agricultural productivity; product safety and quality concerns; perceived negative health consequences of certain i ngredients, such as non -nutritive sweeteners and
biotechnology -derived substances, and of other substances present in our beverage products or packaging materials; an inability to be successful in our innovation activities; an
inability to protect our information systems against service interruption, misappropriation of data or breaches of security; failure to comply with personal data protection and privacy
laws; failure to digitize the Coca -Cola system; changes in the retail landscape or the loss of key retail or foodservice custome rs; an inability to expand operations in emerging and
developing markets; fluctuations in foreign currency exchange rates; interest rate increases; an inability to maintain good r elationships with our bottling partners; a deterioration in our
bottling partners’ financial condition; increases in income tax rates, changes in income tax laws or unfavorable resolution o f tax matters; increased or new indirect taxes in the United
States and throughout the world; an inability to successfully manage the possible negative consequences of our productivity i nitiatives; an inability to attract or retain a highly skilled
and diverse workforce; increased cost, disruption of supply or shortage of energy or fuel; increased cost, disruption of supp ly or shortage of ingredients, other raw materials, packaging
materials, aluminum cans and other containers; increasing concerns about the environmental impact of plastic bottles and othe r plastic packaging materials; changes in laws and
regulations relating to beverage containers and packaging; significant additional labeling or warning requirements or limitat ions on the marketing or sale of our products; unfavorable
general economic conditions in the United States; unfavorable economic and political conditions in international markets; lit igation or legal proceedings; conducting business in
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