Keurig Dr Pepper declares offer for JDE Peet’s unconditional

Keurig Dr Pepper (KDP) and JDE Peet’s are pleased to announce that during the Offer Period, that expired March 27 at 17:40 hours CET, 466,712,270 Shares have been tendered under the Offer, representing approximately 96.22% of the Shares and an aggregate value of EUR 14,864,785,799.50. As a result, all Offer Conditions have been satisfied, and Kodiak BidCo B.V. declares the Offer unconditional. Transaction highlights: Offer Period expired on 27 March 2026 at 17:40 hours CET. A total of 96.22% of the Shares have been tendered under the Offer. Offer for JDE Peet’s successful; all Offer Conditions have been satisfied. The Offeror declares the Offer for JDE Peet’s unconditional. Settlement of the Offer will take place on 1 April 2026. Remaining Shares can be tendered during the Post-Closing Acceptance Period, commencing on 30 March 2026 and ending on 13 April 2026.