CONSTELLATION Cagny 2023

Constellation Brands ACCELERATING DIGITAL TRANSFORMATION BEVERAGE ALCOHOL OUR PORTFOLIO IS OUTPACING BEVERAGE ALCOHOL IN 3-TIER E-COMMERCE 3-TIER E-COMMERCE SALES REMAINS ELEVATED IN POST-PANDEMIC TIMES >4x above 12pts pre-COVID¹ above market 2 1. Source: IRI EMI through 11/27/22, CBI eCommerce Category Advisory Platform. Pandemic Timeframe & Growth Comparisons = 4WKS 4/19/20 - 11/27/22 (35 Quad Periods) vs. 35 Quad Periods before 4/19/20. 2. Source: IRI EMI through 12/25/22 HIGH WEST DOUBLE RYE ABLEND of STRAIGHT RYE WHISKEYS No: 223004 375ml HIGH WEST BOURBON A BLEND of STRAIGHT BOURBON WHISKEYS No: 210 375 PARK CITY, UTAN

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