Keurig Dr Pepper Inc.

Keurig Dr Pepper Inc. is a leading beverage company in North America that manufactures, markets, distributes, and sells hot and cold beverages and single serve brewing systems. The company was created in 2018 through the combination of Keurig, a producer of innovative single serve brewing systems and specialty coffee, and DPS, a company with a portfolio of iconic beverage brands. Keurig Dr Pepper's business strategy focuses on a strong, balanced portfolio of leading, consumer-preferred brands, a flexible and scalable route-to-market network, a high-performing team, and bold ESG commitments. The company's operating and reportable segments include U.S. Refreshment Beverages, U.S. Coffee, and International. U.S. Refreshment Beverages is a brand owner, manufacturer, and distributor of liquid refreshment beverages in the U.S. U.S. Coffee is primarily a brand owner, manufacturer, and distributor of innovative single serve brewers, specialty coffee, and RTD coffee in the U.S. International includes sales in Canada, Mexico, and other international markets from the manufacture and distribution of branded concentrates, syrup, and finished beverages. Keurig Dr Pepper's website is www.keurigdrpepper.com and its ticker symbol is KDP. The company competes with multinational corporations and smaller bottlers and distributors in the beverage industry, with primary competitors including Coca-Cola, PepsiCo, Starbucks Corporation, The J.M. Smucker Company, The Kraft Heinz Company, and Nestlé S.A. The beverage industry is highly competitive and evolves in response to changing consumer preferences. The company's principal raw materials include green coffee, water, aluminum cans and ends, PET bottles and caps, CO2, sweeteners, paper products, K-Cup pod packaging materials, fruit, glass bottles and enclosures, cocoa, teas, juices, and other ingredients. The availability, quality, and costs of these materials can fluctuate over time. The company also faces significant exposure to energy and transportation costs. Keurig Dr Pepper's culture is based on core values including team first, deliver big, think bold, and be fearless and fair. The company is committed to employee health and safety, diversity and inclusion, and ethical behavior. It uses a wide variety of strategies and programs to support the health and safety of its employees and has established executive-level governance and a Diversity and Inclusion leadership team to help set priorities and lead dialogue throughout the organization. The company is subject to various federal, state, and local laws and regulations in the countries in which it does business, including regulations on products and their ingredients, manufacturing, safety, labeling, transportation, packaging, advertising, and sale. Overall, Keurig Dr Pepper is a leading beverage company in North America with a strong portfolio of brands, a flexible and scalable route-to-market network, and a commitment to corporate responsibility.