Form: 10-K

Annual report pursuant to Section 13 and 15(d)

February 20, 2025


Exhibit 21.1

Subsidiaries of The Coca-Cola Company
As of December 31, 2024
Organized Under Laws of:
The Coca-Cola Company Delaware
   Subsidiaries:
Atlantic Industries Cayman Islands
BA Sports Nutrition, LLC Delaware
Barlan, Inc. Delaware
Beverage Financial Centre Unlimited Company Ireland
Carolina Coca-Cola Bottling Investments, Inc. Delaware
CCHBC Grouping, Inc. Delaware
Coca-Cola (China) Investment Limited China
Coca-Cola (Japan) Company, Limited Japan
Coca-Cola Beverages (Shanghai) Company Limited China
Coca-Cola Beverages Africa Proprietary Limited South Africa
Coca-Cola de Chile S.A. Chile
Coca-Cola Holdings (Asia) Limited Hong Kong
Coca-Cola Industrias Limitada — Brazil Brazil
Coca-Cola Industrias, Sociedad de Responsabilidad Limitada Costa Rica
Coca-Cola Ltd. Canada
Coca-Cola Midi S.A.S. France
Coca-Cola Oasis LLC Delaware
Coca-Cola Overseas Parent Limited LLC Delaware
Coca-Cola Refreshments USA, LLC Delaware
Coca-Cola South Asia Holdings, Inc. Delaware
Costa Limited United Kingdom
Dulux CBAI 2003 B.V. Netherlands
Energy Brands Inc. New York
European Refreshments Unlimited Company Ireland
fairlife, LLC Delaware
Fresh Trading Limited United Kingdom
Hindustan Coca-Cola Beverages Private Limited India
Hindustan Coca-Cola Holdings Private Limited India
Hindustan Coca-Cola Overseas Holdings Pte. Limited Singapore
Pacific Refreshments Pte. Ltd. Singapore
Recofarma Industria do Amazonas Ltda. Brazil
Red Life Reinsurance Limited Bermuda
Red Re Captive Insurance Company, Inc. Georgia
Servicios Integrados de Administracion y Alta Gerencia, S. de R.L. de C.V. Mexico
Servicios y Productos para Bebidas Refrescantes S.R.L. Argentina
The Coca-Cola Export Corporation Delaware
The Coca-Cola Trading Company LLC Delaware
The Inmex Corporation Florida
Varoise de Concentres S.A.S. France

Pursuant to Item 601(b)(21) of Regulation S–K, we have omitted some subsidiaries that, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary as of December 31, 2024 under Rule 1–02(w) of Regulation S–X.