FOR IMMEDIATE RELEASE

11 July 2019

Coca-Cola HBC AG (the “Company”)

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

The Company announces that the following PDMRs have been granted, at nil cost, stock options on ordinary shares of CHF 6.70 each (“Shares”) in the Company on 9 July 2019 through their participation in the Stock Option and Performance Share Award Plan (“PSP”). The stock options are immediately vested. The additional options were granted as a result of an equitable adjustment due to equity restructuring in line with the provisions of the plan rules. The equity restructuring resulted from the approval of a special dividend at the Company's Annual General Meeting held on 18 June 2019.

Announcement is attached.