Ingredient Solutions Sales Expansion

RECONCILIATION OF SELECTED GAAP TO NON-GAAP MEASURES BASIC EARNINGS PER COMMON SHARE ("EPS") TO ADJUSTED BASIC EARNINGS PER COMMON SHARE¹ 37 Basic EPS Insurance recoveries Inventory Step-Up - Branded Spirits Business Acquisition Costs CEO Transition Costs Adjusted Basic EPS¹ Source: Company filings; unaudited 1 Non-GAAP figure MGP 2019 2020 2021 $2.27 $2.37 $4.37 2022 $4.94 (0.59) 1 I 0.12 0.05 0.36 0.09 I $2.27 $2.51 $4.26 $4.94

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