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Coca-Cola Bottling Company Of Ghana Ltd. Responds To Recent Media Reportage

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The Coca-Cola Bottling Company of Ghana Limited wishes to address some misconceptions raised in the media in the course of the recent labour agitations that occurred in our factory.

It has been agreed that The Company and its former Country Manager will part ways and we are currently negotiating the terms of separation, in complete compliance with the law. We trust that these negotiations will be concluded amicably.

This decision was taken by the Management of our parent company, Equatorial Coca-Cola Bottling Company (ECCBC). Whoever is chosen by the Management of ECCBC to take up responsibility for the business will have their unequivocal support. ECCBC greatly appreciates the dedicated service of its former country manager and wishes him well in his future endeavours.

We also would like to make it abundantly clear that the decision to part ways with the former Country Manager is not related to any planned changes to the business.

They are separate issues and the conflation of the two matters has been an unfortunate and incorrect interpretation of the events. In the last few years, the reality of the markets we operate in, has evolved and become more complex and our industry has witnessed increased changes in customer trends and competition.

In our continual quest to create shared value and provide our customers and consumers with best-in-class services in these conditions, the company has been focusing on new ways of working to become more efficient, agile and sustainable in the short and long-term; so that we can respond to the evolving needs of our consumers.

The ECCBC will therefore continue to review its business operations across the region and would react accordingly, where the need arises, in order to protect the interests of its stakeholders, including its employees. We assure all our stakeholders that our first priority during any such changes to the business is the wellbeing of our employees, and we are committed to following the requirements of the Law and giving our Ghanaian employees opportunities in the process, where they exist.

We have been and will continue to engage all relevant stakeholders to ensure we resolve any differences that may exist. The Company would like to assure our customers and consumers that, the current situation will not affect our ability to deliver their favourite beverages. Management The Coca-Cola Bottling Company of Ghana Limited.

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