Coca Cola Bottlers Japan : Notice Regarding Implementation of Chief Officer System

News Release

December 22, 2021

Coca-Cola Bottlers Japan Inc.

To the Press,

Notice Regarding Implementation of Chief Officer System

Coca-Cola Bottlers Japan Inc. today announced it will implement a Chief Officer system effective January 1, 2022, and assign eight officers as follows.

Chief Officers will be given the final authority and responsibility to lead and control the specific functions of our group they are respectively delegated from the President. They will also be fully in charge of controlling their functions in a holistic and agile manner, making decisions for their organizations and leading collaborative operations with other functions on matters that can be best executed through a cross-functional approach. In addition to the existing CFO (Chief Financial Officer), the following new positions will be created: CEO (Chief Executive Officer), CCO (Chief Commercial Officer),CSCO (Chief Supply Chain Officer), CTO (Chief Transformation Officer),CHRO (Chief Human Resources Officer), CPO (Chief Procurement Officer), and CLO (Chief Legal Officer).

The executive members who were delegated with the authority and responsibility to exhibit their full powers as function heads have been developing and executing strategies for their respective organizations with speed and consistency. Going forward, they will not only further bolster the pivotal role they play as top leaders but will also strengthen the governance and accelerate the initiatives to streamline the operations in their functions more than ever.

Through the implementation of the Chief Officer system, the management intends to build a stronger relationship of trust with all the stakeholders both globally and locally, while continuing to focus on driving our group's sustainable growth and corporate value enhancement.

• Assignment of Chief officers（Effective January 1, 2022）

Name	New Position	Current Position
Calin Dragan	Representative Director, President and	Representative Director and
CEO	President
		Representative Director, Vice President	Representative Director,
Bjorn Ivar Ulgenes	Vice President, Chief Financial
and CFO
		Officer and Head of Finance
Costin Mandrea	Executive Officer and CCO	Executive Officer and Head of
Commercial
Bruce Herbert	Executive Officer and CSCO	Executive Officer and Head of
Business Transformation
Maki Kado		Executive Officer and CTO	Executive Officer and Head of
	Business Transformation
Narihiko Uemura	Executive Officer and CHRO	Executive Officer and Head of
HR and General Affairs
Yoichi Nishiguchi	Executive Officer and CPO	Executive Officer and Head of
Procurement
Tomokazu Usagawa	Executive Officer and CLO	Executive Officer and Head of
Legal
CEO	:Chief Executive Officer
CFO	:Chief Financial Officer
CCO	:Chief Commercial Officer
CSCO	:Chief Supply Chain Officer
CTO	:Chief Transformation Officer
CHRO	:Chief Human Resource Officer
CPO	:Chief Procurement Officer
CLO	:Chief Legal Officer

End

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