SBUX: Leadership change

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On June 11, 2026, Starbucks Corporation (the “Company”) designated Val Bauduin, 50, as the Company’s principal accounting officer. Mr. Bauduin continues to serve as senior vice president, Corporate Finance and Development, and continues to report to Cathy Smith, executive vice president, chief financial officer. Ms. Smith continues as the Company’s principal financial officer, with principal accounting officer responsibility transferring from her to Mr. Bauduin. Mr. Bauduin joined Starbucks in 2024 as senior vice president, Corporate Finance, before transitioning to senior vice president, North America Finance in 2025. In 2026, he was appointed as senior vice president of Corporate Finance and Development. Mr. Bauduin also served as interim chief financial officer of the Company during March 2025. From 2014 to 2024, Mr. Bauduin held various leadership roles at Marriott International, including serving as controller and chief accounting officer, and then as CFO of consumer operations, technology, and emerging businesses. There are no family relationships, as defined in Item 401 of Regulation S-K, between Mr. Bauduin and any of the Company’s executive officers or directors or persons nominated or chosen to become a director or executive officer. There are no transactions in which Mr. Bauduin has an interest requiring disclosure under Item 404(a) of Regulation S-K. No changes to Mr. Bauduin’s compensation were implemented in connection with his designation as principal accounting officer, and Mr. Bauduin will continue to participate in the Company’s existing compensation and benefit programs applicable to similarly situ