SUPPLEMENT TO PROXY STATEMENT
FOR 2021 ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD ON JUNE 18, 2021
This
proxy statement supplement, dated June 10, 2021 (the Supplement), provides updated information with respect to the 2021 Annual Meeting of Stockholders (the Annual Meeting) of Keurig Dr Pepper Inc., a
Delaware corporation (KDP), to be held on Friday, June 18, 2021.
On April 30, 2021, KDP filed a definitive proxy statement
for the Annual Meeting (the Proxy Statement) with the Securities and Exchange Commission. The primary purpose of this Supplement is to provide information relating to a recent change in the proposed nominees for election to
KDPs Board of Directors (the Board) and should be read in conjunction with the Proxy Statement.
Withdrawal of Nominee for
Election as Director
On June 10, 2021, KDP announced the completion of a registered public secondary offering (the Offering)
of 28,000,000 shares of its common stock for gross proceeds to Mondelēz International Holdings LLC of approximately $997 million.
In connection
with the closing of the Offering and effective as of June 10, 2021, Gerhard Pleuhs, a member of the Board and a nominee for election as a director at the Annual Meeting, has resigned from the Board and will no longer be a nominee for re-election at the Annual Meeting. Effective as of Mr. Pleuhss departure from the Board, the Board has reduced its size to 13 directors. No other nominee for election at the Annual Meeting will be named
in place of Mr. Pleuhs.
Voting Matters
If you
have already returned your proxy card or provided voting instructions, you do not need to take any action unless you wish to change your vote. Proxies already returned by stockholders (via Internet, telephone or mail) will remain valid and will be
voted at the Annual Meeting unless revoked. Shares represented by proxy cards returned before the Annual Meeting will be voted for the directors nominated by the Board as instructed on the form, except that votes will not be cast for Mr. Pleuhs
because he is no longer standing for election. If you have not yet returned your proxy card or submitted your voting instructions, please complete the form or submit instructions, disregarding Mr. Pleuhss name as a nominee for election as
director.
None of the other agenda items presented in the Proxy Statement are affected by this Supplement, and shares represented by proxy cards returned
before the Annual Meeting will be voted with respect to all other matters properly brought before the Annual Meeting as instructed on the form.
Information regarding how to vote your shares and revoke already submitted proxies is available in the Proxy Statement under the caption Other
Matters.
We look forward to your participation at the Annual Meeting.
By Order of the Board of Directors,
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James L. Baldwin
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Keurig Dr Pepper Inc.
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Corporate Secretary
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53 South Ave.
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June 10, 2021
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Burlington, MA 01803
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