CHARLOTTE, N.C- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the third quarter of 2022 of $0.25 per share on shares of the Company's Common Stock and Class B Common Stock payable on August 12, 2022 to shareholders of record as of the close of business on July 29, 2022.

About Coca-Cola Consolidated, Inc.

Coca-Cola Consolidated is the largest Coca-Cola bottler in the United States. Our Purpose is to honor God in all we do, serve others, pursue excellence and grow profitably. For over 120 years, we have been deeply committed to the consumers, customers, and communities we serve and passionate about the broad portfolio of beverages and services we offer. We make, sell and distribute beverages of The Coca-Cola Company and other partner companies in more than 300 brands and flavors across 14 states and the District of Columbia to approximately 60 million consumers.

Headquartered in Charlotte, N.C., Coca-Cola Consolidated is traded on the NASDAQ Global Select Market under the symbol 'COKE.' More information about the Company is available at www.cokeconsolidated.com. Follow Coca-Cola Consolidated on Facebook, Twitter, Instagram and LinkedIn.

Enjoy Coca-Cola-

Media Contact:

Kimberly Kuo

Senior Vice President, Public Affairs, Communications and Sustainability

704-557-4584

Investor Contact:

Scott Anthony

Executive Vice President, Chief Financial Officer

704-557-4633

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