On September 21, 2026, Rob Gehring, currently the Chief Executive Officer, Americas ("CEO Americas") of Monster Energy Company ("MEC"), provided notice to the Board of Directors (the "Board") and management of Monster Beverage Corporation (the "Company") of his intention to resign as CEO Americas, effective as of November 30, 2026 (the "Effective Date"), to return to The Coca-Cola Company ("TCCC"). Mr. Gehring will join TCCC as president of its North America operating unit. Mr. Gehring will remain in his role at the Company through the Effective Date. The Company and the Board thank Mr. Gehring for his contributions during his time with the Company and look forward to partnering with him in his new role at TCCC.