#1Investor Presentation Becle, S.A.B de C.V. August 2022 Hangar 1 Jet Hangar 1 YODEL REE OLY STRAIGHT imries Tabe KRAKEN KRAKEN BOODLES EST. BRITISH GIN LONDON DRY IMPORTED a ree Oli VODKA Sea The KRAKEN BLACK SPICES RUM D CONEJO JATEN OAXACA 94 PRO THE BORAER Jose Cuervo AVE 2498 1795 CREYENTE Jose Jose CENTENARIO PLATA Quervo ESPECIAL Quervo TRADICIONAL TEQUILA PLATA YEARS CREYENTE Mezcal Joven BLUE AGAVE GOLD TEQUILA WATAWAL JAMAN TEQUEA www DOBEL BUSHMILLS SINGLE MAIT 100% AGAVE 1608 BUSHMILLS ERICAN WHISK TINCU Colorado. TEQUILA SUORE ESERVADA MAESTRO EQUILER EQUILA 100% DE ABA COMPOS SEIND Reserva CUCCION Sel DE LA FAMILIA UNACAY NUMERI HECHO EM MEHIC EXTRA ANEJO Jane Cheron WENG TERA FERVA 1800 PENDLETON SILVER ALENTED CANADIAN WHI MAESTRO DOBER DIAMANTE 100% ABAVE AC SINGLE MALT URISH WHISKEY Frih Crinthed 10 608 PERSON TINCUP BANAN MOUNTAIN tranaha CASE STRENGTH SINGLE BARRE ICKY RAN PROPER TWELVE IRISH WHISKEY IRELAND SE MOOTH IS FAS#2Becle: A Leading Global Spirits Company and Undisputed Leader in Tequila Worldwide Jose Cuervo Becle Today Undisputed leader in tequila globally, ~29% market share(1) #3 in high growth Irish Whiskey category (1) with Bushmills, Sexton and Proper No. Twelve 2021 revenues grew 12.5% while peers increased 8.2% (2) Comprehensive portfolio of over 30 brands distributed in more than 85 countries Strong geographic diversification with significant exposure to the U.S. and Canada, the world's largest spirits market (3) Conservative leverage profile, remaining one of the strongest among peers Diversified Product Portfolio with Over 30 Brands Exposure to the Right Geographies... Net Sales Value Breakdown in 2021 ROW 14% With the Right High-Growth Categories 2021 Key Figures 25.5MM of 9 Liter Cases Sold Net Sales Value Breakdown in 2021 RTDs Non-Alcoholic Tequila & Other 11% 3% Mexico 21% 22% 65% Non- Tequila 64% U.S. and Canada Largest Spirits Market (3) L_ Fastest Growing Spirits Category in the US (4) and the Second in the World Curre Cuervo 180 180 BUSHNELLS PENDLE BOODLES GIN CREVENTE LODGE DET 1,915 MM Net Sales (US$) (5) 386 MM EBITDA (US$) (5) 2.3x Total Debt / EBITDA 0.7x Net Debt/ EBITDA 9.0 Bn Market Cap (6) (US$) (5) Public Company Notes: 1. Based on 2021 IWSR Drinks Analysis total volume 2. Simple average of annual revenues growth of Constellation Brands, Diageo, Brown Forman, Heineken and Pernod Ricard 3. Excluding China, according to IWSR Drinks Analysis 4. Excluding categories with less than 30 MM cases sold in 2020 globally and less than 20 MM in the U.S. 5. FX: Ps$ 20.5835 = US$ 6. Mkt. Cap. as of December 31, 2021. 1#3Becle's Outstanding Performance Makes it Today a Stronger Credit than in 2015 Jose Cuervo 2015 Becle's last bond issuance NSV/Case (1) US$51 18.2MM 1.4X 25.5MM of 9 Liter Cases of 9 Liter Cases 933 MM 2.1X Net Sales (US$) (2) 1,915 MM Net Sales (US$) (2) Net Sales by Region 246 MM 1.6X EBITDA (US$) (2) 386 MM EBITDA (US$) (2) Row 12% Mexico 24% US and Canada 64% Notes: 1. Net sales/ 9 Liter Cases 2. FX: Ps$ 20.58 = US$ 1.8x Debt/ EBITDA 2.3x 2021 NSV/Case (1) US$75 Debt/ EBITDA Mexico 21% Private 39.1%(4) 3.0x Outperformance vs. the IPC 9.0 Bn US$ (2) Market Cap (3) Supported by solid corporate governance, including 73% independent board members 3. As of December 31, 2021 4. Performance since IPO (February 9, 2017) Focus on brand premiumization Net Sales by Region Row 14% US and Canada 65% More favorable exposure to the largest spirits' profit pool 2#4Our Company AVE 1 Undisputed Global Leader in Tequila and #3 in Irish Whiskey 2 Dominant Position in the Hottest Spirits Category... 3 ...And a Privileged Competitive Position... 4 Jose Cuervo Jose Cuervo 100% Jose Quervo RADICION 5 TEQUILA PLATA 224 YEARS 6 20NE ANTONIO DE 7 ...In High-Growth Spirits Categories Through an Extensive Product Portfolio with Focus on Premiumization Proven Agility and Innovation Driving a Resilient Business Model with High Cash Generation Capacity Best-in-Class Capital Structure & Prudent Financial Policy Whilst Delivering Consistent Growth Renowned Family Heritage and Strong Corporate Governance Supported by a Talented Management Team 8 Strong Social and Sustainability Driven Culture 9 Full Year 2022 Guidance 3#51 Undisputed Global Leader in Tequila and #3 in Irish Whiskey Jose Cuervo Global Leader in Tequila... As of 2021 Volume - Total Market Size 41.2MM 9L Cases Jose Cuervo DIAGEO 28.5% 12.3% Owner of 3 of Top 6 Leading Tequila brands by BACARDÍ 9.4% volume globally #1 Jose Cuervo Beam 7.6% SUNTORY 1800 #5 TEQUILA 5.7% #6 BROWN-FORMAN CENTENARIO Sequula 4.5% SAZERAC 2.9% 2.3x nearest Pernod Ricard competitor CAMPARI 2.8% HEAVEN HILL 2.3% BRANDS MGP 2.2% ... In Every Region As % of volume - 2021 Mexico (26% of 2021 Global Volume) 1ST 41.0% Jose Cuervo United States (62% of 2021 Global Volume) 1ST 25.4% Jose Cuervo Rest of the World (12% of 2021 Global Volume) #3 Player in Irish Whiskey 1,370K Irish Whiskey 9L cases sold in 2021 9L Cases Volume CAGR 2016 - 2021 1.5% (0.7%) 1ST 30.3% Jose Cuervo Market Share (1.3%) 13.2% 9.4% 7.0% BLACK RED BUSHMILLS BUSH BUSH CCORD BUSHMILLS USHMILLS GUSHMILLS 10 INCLE HAL -16 21 PROPER TWELVE SEXTON 608 608 1608 Jose Cuervo Source: IWSR Drinks Analysis 2021 15.09 1898 1603 Source: IWSR Drinks Analysis 2021 Pernod Ricard A in Market Share since 2016 WILLIAM GRANT & SONS 4#62 Dominant Position in the Hottest Spirits Category... Since Last Issuance, Tequila has... A ...Been the Fastest Growing Major Spirits Category in the US and Second Fastest in the World ں (2016 - 2021 9L cases volume CAGR) Tequila overtook Rum as the third-largest Spirits category in the US (1) 7.3% 7.2% 11.6% 5.0% 1.6% 2.5% 0.8% 0.4% (0.4%) Tequila Whisky Vodka Gin Rum Gin Tequila Whisky Rum (0.4%) Vodka ...Benefitted from a Clear Premiumization Trend Avg. price in US$ per 9L case of Tequila 1.3x 271 2016 Source: IWSR Drinks Analysis Notes: 1. By volume of 9L cases sold 2. Includes local spirits 362 221 1.5x 330 Jose Cuervo B...Significantly Increased its Market Share (In terms of 9L cases volume) With Still Significant Room For Worldwide Expansion 1.5x 10.6% 7.2% 1.6x 1.0% 1.6% 2016 2021 2016(2) 2021(2) Becle Soared Driven by Proximo's Strong Execution (2020 Tequila 9L cases volume growth in the U.S. vs. 2019) 23.5% 13.5% 3.6% 2021 2016 2021 Jose Cuervo Other Tequilas US Spirits Market 5#73...And a Privileged Competitive Position... High Barriers of Entry Provided by Becle's Vertical Integration and Own Distribution Agriculture Competitive Advantage Resulting from Appellation of Origin for Tequila and Irish Whiskey >Production Flagship Distilleries and Bottling Facilities Support Route-to-Market Strategy Distribution Jose Cuervo Own Distribution Platform to Control Route-to Market and Brand Building Strategy 94% of volume through own network • 125 Municipalities in Jalisco + 56 Municipalities in Mexico Island of Ireland, including both the Republic of Ireland and Northern Ireland Tequila can only be produced from Agave Azul (Tequilana Weber) • Becle is the largest Agave Azul producer(1) • Becle is involved in full Agave cycle (plant, growth, harvest and freight) • Irish whiskey can only be made throughout the island of Ireland PROXIMO (bottling) Hangar 1 VODKA Strunahans BUSHMILLS IRISH WHISKEY La Rojeña (Tequila) Camichines (Tequila) EDISA Bottling Facility 1800 Distillery (Tequila) In construction Stranahan's (Colorado) Hangar 1 (California) Proximo Bottling (Indiana) Bourbon (New York) Old Bushmills Distillery and Bottling (Northern Ireland) Old Bushmills Distillery expansion completed Proximo's route-to-market control instrumental to U.S. success Vertical integration of profits Control and focus of own brands Enhancing presence in new geographies with in-market companies (IMC's) Source: Company Information Notes: 1. According to CRT's plantation registry 6#84... In the Right Categories & Markets... Exposure to Dynamic Regions and Categories Spirits Growth | 2016-2021 9L cases Volume CAGR 11.6% Tequila Source: Company Information, IWSR Drinks Analysis Notes: 1. Includes all Tequila Brands + Bushmills for FY2021 2. Full Year 2021 Sales 3. Includes local spirits 9.3% (2) (1) 68% of Becle's Sales are in Tequila & Irish Whiskey 65% 3.4% 7.2% Jose Cuervo of Becle's Sales are in the U.S. & Canada 9.6% Irish Whiskey Total Spirits Tequila Irish Whiskey (2.5%) (3) Total Spirits 7#9Through an Extensive Product Portfolio with Focus on Premiumization Diversified Brand Portfolio Tequila PLATIN Reserv Jose Cuervo Jose Cuervo Family Jose Cuervo TRADICIONAL 100% DE AGAVE Others Whiskey Prestige Super Premium Rum BUSHMILLS Irish Whiskey PROPER TWELVE Carroo Jose Cuervo Especial 1800 180 1800 1800 Other GRAN 1800 CENTENARIO Tequila TEQUILA Premium Super Premium/ Ultra Premium Super Premium Ultra Premium Premium/ Ultra Premium PROPER Premium SEXTON TWELVE Super Premium Vodka KRAKEN Hangar 1 VODKA Three Olives VODKA Gin BOODLES BRITISH GIN Канвон о Mezcal Stranahan's 5 HALF FALT ISEF? Ultra Premium U.S. Whiskey RTD TINCUP PAVITO Jose Cuervo Net Sales by Category By value as of 2021 MAESTRO DOBEL TEQUILA PENDLETON Tequila (64%) PENDLETON Premium Premium/ Ultra Premium Non-Tequila (22%) Premium Ultra Premium Premium Premium BOODLES Premium Ultra Quervo Playa mar 1800 GIN Thee Olives LONDON END CREYENTE Premium PALOMA boost Non-Alcoholic RTDs (11%) boost Non-Alcoholic & Other (3%) 8#105 Proven Agility and Innovation Driving a Resilient Business Model with High Operating Cash Generation Capacity Becle's Agile & Innovative Business Model is a Key Driver of its Outperformance Net Sales Y-o-Y | (%) 32.1% Jose Cuervo 20.6% 9.7% 2015 Becle's resiliency proven in 2021 results 17.9% 12.5% A 4.3% 8.5% 6.4% 5.5% 1.4% 6.3% 8.2% 3.4% 4.8% (6.1%) 2016 2017 2018 2019 2020 2021 Average Growth of Peers (1) High Operating Cash Generation Capacity Operating Cash Flow Growth CAGR 2016 - 2021 | (%) 9.3% Constellation Brands 6.4% Diageo 6.4% Heineken 5.5% Jose Cuervo -4.8% Brown-Forman (9.8%) Pernod Ricard Source: Company filings, Capital IQ. Company Audited Financial Statements and most recent publicly available annual financial statements for our peers. We have included the information presented in this chart for illustrative purposes only and we cannot assure you of the accuracy or comparability of our peers' financial statements. Operating profit may be measured differently by our peers for many reasons, including the fact that entities may differ in their application of accounting principles Notes: 1. Simple average of annual revenues growth of Constellation Brands, Diageo, Brown Forman, Heineken and Pernod Ricard 9#116 Best-in-Class Capital Structure & Prudent Financial Policy Whilst Delivering Consistent Growth Jose Cuervo Best-In-Class Credit Metrics Total Debt/ Market Cap (1) 25.2% 15.5% 11.3% 8.6% 6.2% Total Debt/2021 EBITDA 71.3% Diageo Brown-Forman Jose Cuervo Pernod Ricard Constellation Brands Heineken 4.8x 3.3x 3.4x 2.6x 2.3x 2.1x Brown-Forman Jose Cuervo Heineken Constellation Brands Diageo Pernod Ricard Proven Financial Discipline While Executing on a Successful Growth Strategy Ps$ MM 2.0x Net Sales Expansion While Maintaining an Almost Flat Leverage Ratio Acquisitions BUSHMILLS IRISH WHISKEY 18,475 1.8x PENDLETON LETO MUICKY 24,396 25,958 28,158 1.7x 35,036 29,705 1.9x 1.6x PROPER TWELVE IRISH WHISKEY (2018-21) $15 2Q21 LTM sales CAGR: 13.9% 37,841 (3) 1.8x 2015 2016 Net sales 1.4x 2017 Total Debt/ LTM EBITDA 1.6x 2018 1.5x 2019 Total Debt / LTM EBITDA (x) (exc. IFRS 16) 1.3x 2020 1.6x (3) 2Q21 Source: Capital IQ, Company Filings. Company Audited Financial Statements and most recent publicly available annual financial statements for our peers. We have included the information presented in this chart for illustrative purposes only and we cannot assure you of the accuracy or comparability of our peers' financial statements. Operating profit may be measured differently by our peers for many reasons, including the fact that entities may differ in their application of accounting principles Notes: 1. As of March 9, 2022 10#127 Renowned Family Heritage and Strong Corporate Governance Jose Cuervo Becle is a Global Spirits Company with a Profound Family Heritage Ownership • Founded in 1758, Becle is today an 11th generation managed spirits company Public company since 2017 and part of the S&P/BMV IPC index - Market Cap of US$7.8 (1) Bn Talented management team supported by a highly experienced and independent board of directors At the fore front of sustainability practices throughout the Tequila production cycle & other spirits bottling facilities Becle's Key Milestones Shaped the Tequila Industry 1795 1812 JOSE CUERVO FABRICANTE DE VINO MEZCAL Le Rojena TEGLASS 1852 1880 1945 First license ever to sell tequila Oldest distillery First export to First distiller to in Mexico the US bottle tequila in glass bottles Notes: 1. As of June 30, 2022. FX: Ps$ 19.98= US$ Margarita created using Jose Cuervo tequila Public Float 13% Beckmann Family 87% Highly Experienced and Independent Board of Directors Independent 73% Non-Independent 27% 11#138 Strong Social and Sustainability Driven Culture We Care About our People, our Customers & the Environment Responsible Consumption We promote responsible and moderate consumption of spirits aiming to safeguard our customers' health Corporate Ethics Internal ethics committee Supplier code of ethics Annual employee certification Line to report any deviations from our Code of Conduct Community Engagement We work closely with the communities where we operate to create positive social change Environmental Protection We seek to improve the value chain in our operations through efficiency in the use of resources (water, energy, emissions and waste) Jose Cuervo Awards & Recognitions Organization foration ISO 9000 Quality Management ESR EMPRESA SOCIALMENTE RESPONSABLE International Hazard Analysis HACCP ontrol-Point F"sac Fundación de Investigaciones Sociales Our Commitment has Granted us Recognition and Certifications Among Several Institutions 12#148 Becle's Environmental Initiatives are Fully Aligned to the UN Sustainable Development Targets US$60+ MM Invested Since 2010 in Sustainable Projects Jose Cuervo # Number of Projects 15 Climate Change 5 Preserve Water 6 CLEAN WATER AND SANITATION 7AFFORDABLE AND ENERGY 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE 13 CLIMATE ACTION Circular Economy SDG Alignment New factories with Energy efficient design to reduce consumption Produce Biogas from vinasse treatment to replace fossil fuels We run our own CO2 conversion factory through our large Agave plantation footprint Wastewater is 100% treated in Mexican facilities New plants design with upgraded water reusing features Agave bagasse is used as plantation fertilizer and later to power steam boilers Agave fibers converted into bio-based products Initiatives Know More 13#15New Issue Concurrent with Liability Management Exercise to Increase Debt Maturity Profile and Maintain Strong Liquidity Jose Cuervo Transaction Rationale • Refinance upcoming maturities and extend debt maturity profile Weighted average life from 3.1yrs to 9.5yrs (2) Decrease next 5yr maturities by ~US$500 MM (2) Maintain large portion of Debt in USD Maintain a strong cash position with over US$622 MM (3) in balance sheet Debt Maturity Profile As of 2Q21 | US$ MM (1) 622 (3) • Take advantage of low interest rates • Re-position its remarkable credit story to investors Notes: 1. Converted at an FX of Ps$ 19.8027 2. Assuming 70% participation in the 2025 notes tender offer 356 153 150 497 150 (2) 800' (4) Cash 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 ■Bank Loan Current Portion of Sr. Notes 2025 Sr. notes New Long 10yrs Sr. Notes Pro Forma Maturities 3. Assumes payment of tender premium at MW of 109.867% as of September 24, 2021 4. For illustrative purposes 14#16From a Net Debt Perspective, Contemplated Transaction is Essentially Leverage Neutral Jose Cuervo Sources and Uses As of 2Q21 | US$ MM (1) New Sr. Notes Total Sources Capitalization Financial Debt Profile 2025 Sr. Notes New Sr. Notes Bank Loan Total Financial Debt Weighted Average Life (3) (Years) Lease Liabilities Total Debt/ LTM PF EBITDA (6) Cash Net Debt/ LTM PF EBITDA (6) Notes: 1. Converted at an FX of Ps$ 19.8027 2. For illustrative purposes 3. Assuming 70% participation in the 2025 notes tender offer Sources 800 (2) Bank Loan Repayment Repurchase of 2025 Sr. Notes (3) Tender Premium Paid on 2025 Sr. Notes (4) General Corporate Purposes 800 Total Uses 2Q21 499 (5) Uses 150 350 34 266 800 Adjustment (350) 2Q21 Pro Forma 150 (3) 800 150 800 (150) 650 300 950 3.1 9.5 107 107 1.8x 2.5x 356 266 (4) 622 (4) 0.9x 1.0x Conservative leverage profile, remaining the strongest among peers 4. Assumes payent of tender premium at MW of 109.867% as of September 24, 2021 5. Includes current portion of Sr. Notes 6. Pro forma EBITDA to exclude a non-recurring AMP accrual related to continuing promotional activities for acquired intellectual property as part of the Eire Born Spirits ("EBS") transaction closing in April 2021 15#17PLATINO TEQUILA PLATA Reserva DE LA FAMILIA PLATINO. 100% DE AGAVE Jose Cuervo HECHO EN MÉXICO 40% ALC/VOL 750 ML • Jose Cuervo Financial Statements 16#18Income Statement Six months ended June 30th Second quarter ended June 30th Jose Cuervo 2021 % of net sales 2022 % of net sales 2022 (USD) (1) 2021 % of net sales 2022 % of net sales 2022 (USD) (1) (Ps&MM) Net sales 16,699 20,402 1,021 9,531 11,334 567 Cost of goods sold 7,785 46.6 9,487 46.5 475 4,460 46.8 5,397 47.6 270 Gross profit 8,914 53.4 10,915 53.5 546 5,071 53.2 5,937 52.4 297 Advertising, marketing and 3,379 (2) 20.2 4,003 19.6 200 2,354 (2) 24.7 2,318 20.4 116 promotion Distribution 826 4.9 1,001 4.9 50 461 4.8 520 4.6 26 Selling and administrative 1,574 9.4 1,808 8.9 90 800 8.4 931 8.2 47 Other expenses (income), net 21 0.1 (9) 0.0 (0) 25 0.3 40 0.4 2 Operating income 3,114 18.6 4,111 20.2 206 1,431 15.0 2,129 18.8 107 Financing results 240 1.4 217 1.1 11 224 2.4 142 1.3 7 Profit before income taxes 2,874 17.2 3,894 19.1 195 1,207 12.7 1,986 17.5 99 Income taxes 747 4.5 1,129 5.5 57 314 3.3 576 5.1 29 Consolidated net income 2,127 12.7 2,765 13.6 138 893 9.4 1,410 12.4 71 EBITDA 3,511 21.0 4,534 22.2 227 1,631 17.1 2,343 20.7 117 Notes: 1. U.S. dollars translated at 19.98 Mexican pesos solely for convenience of the reader 2. Includes a non-recurring AMP accrual of P$373 million related to continuing promotional activities for acquired intellectual property as part of the Eire Born Spirits ("EBS") transaction closing in April 2021. 17#19Balance Sheet As of June 30th (Ps$ MM) Cash and cash equivalents Trade receivables Inventories (1) 2021 2022 2022 (USD) (7) 7,046 9,143 458 7,161 8,372 419 13,696 15,256 763 Other assets (2) 3,197 2,916 146 Total current assets 31,100 35,687 1,786 Inventories (1) 10,724 13,026 652 Property, plant and equipment 10,818 12,329 617 Intangible assets 20,105 19,210 961 Goodwill 6,937 6,260 313 Right-of-use assets 2,176 2,148 108 Other assets (3) Total assets 2,818 2,684 134 84,678 91,344 4,571 Senior Notes 48 99 5 Trade payables 3,440 4,933 247 Other accounts payable (4) 8,001 6,231 312 Total current liabilities 11,489 11,263 564 (6) Senior Notes Lease liabilities Other long-term liabilities (5) Total liabilities Controlling interest Non-controlling interest Total stockholders' equity Total liabilities and stockholders' equity 9,842 18,014 901 1,823 1,865 93 6,598 3,832 192 29,752 34,974 1,750 54,837 56,263 2,815 89 108 5 54,926 84,678 56,371 91,344 2,821 4,571 Notes: 1. Includes Biological assets 2. Includes related parties, recoverable income tax, other recoverable taxes and receivables, financial instruments at fair value through profit and loss and prepayments 3. Includes Investments in associates, Equity investments at fair value, Deferred income taxes, Employee benefits - Net and Other assets 4. Includes Lease liabilities and Related parties 5. Includes Environmental reserve and Deferred income taxes 6. Includes Capital stock, Share premium, Capital reserves, Retained earnings and Other comprehensive income 7. U.S. dollars translated at 19.98 Mexican pesos solely for convenience of the reader Jose Cuervo 18#20Cash Flow Statement (Ps$ MM) Operating activities: Income before income taxes 2021 Six months ended June 30th 2022 2022 (USD) (¹) 2,874 3,894 Adjustment from items not implying cash flows: Depreciation and amortization 397 423 Loss on sale of property, plant and equipment 6 45 Non-cash items Interest income (1,228) 12 (32) Unrealized foreign exchange Interest expense (276) (53) 0 201 373 Equity method on associates Subtotal Changes in working capital Net cash from operating activities Investment Activitites: Property, plant and equipment (25) 0 1,917 4,695 2 20-20200 195 21 1 (3) 19 235 (893) (5,964) (299) 1,024 (1,269) (64) (937) (1,362) (68) Intangible assets (2,942) (12) (1) Investment in associates (169) (30) (2) Interest income 32 53 3 Net cash flows used in investment activities (4,016) (1,351) (68) Financing activities Bank loan 0 3,107 0 Principal lease payment Interest Paid Net cash from financing activities Net decrease of cash and cash equivalents (345) (422) (21) (237) (305) (15) 2,525 (726) (36) (467) (3,346) (167) Cash and cash equivalents at beginning of year: At beginning of the period 7,646 12,791 640 Effects of exchange rate changes on cash and cash equivalents Cash and cash equivalents at end of period (133) (301) (15) 7,046 9,143 458 Notes: 1. U.S. dollars translated at 19.98 Mexican pesos solely for convenience of the reader Jose Cuervo 19#219 Full Year 2022 Guidance As of August 5th, 2022 Jose Cuervo • Items provided below are based on the Company's current estimates and are not a guarantee of future performance. • There could be significant risks and uncertainties that could cause actual results to differ materially, including the risk factors discussed in the Company's reports on file with the Comisión Nacional Bancaria y de Valores (Mexican National Banking and Securities Commission). • Becle undertakes no duty to update any forward-looking statements or estimates. Full Year 2022 Consolidated Volume Mid-single digit growth "area" Consolidated Capital Expenditures (1) - US$225 275 million "area" (1) Consolidated Capital Expenditures are comprised of distillery expansion capabilities (Tequila and other spirits), aging and warehousing, in order to support our long-term growth plan, and other normal and customary capital expenditures. Notes: 20 20#22Consolidated Statement of Comprehensive Income - Summary Jose Cuervo Second Quarter ended (Figures in millions) (Pesos) Volume Net sales June 30th, 2022 Second Quarter ended June 30th, 2021 Year over Year Variance % of Net Sales (Pesos) % of Net Sales % 7,087 ** 6,364 ** 11.4 11,334 100 9,531 100 18.9 Gross profit 5,937 52.4 5,071 53.2 17.1 Operating income 2,129 18.8 1,431 15.0 48.8 EBITDA 2,343 20.7 1,631 17.1 43.7 Net income 1,410 12.4 893 9.4 58.0 Source: Consolidated Financial Statements as of June 30th, 2022 21#23Consolidated Statement of Financial Position & Cash Flow - Summary Jose Cuervo (Figures in millions) Second Quarter ended June 30th, 2022 Second Quarter ended June 30th, 2021 Year over Year Variance (Pesos) (Pesos) % Cash & cash equivalents 9,143 7,046 29.8 Total financial debt 18,114 12,862 40.8 Net debt/EBITDA 0.9x 0.7x 28.6 Net cash from operating activities (1,269) 1,024 NA Source: Consolidated Financial Statements as of June 30th, 2022 22