CONSTELLATION Cagny 2023

Constellation Brands WHY BEVERAGE ALCOHOL? GROWTH IN THE CONSUMER BASE SUPPORTS MARKET EXPANSION U.S. LDA POPULATION GROWTH (CY10 CY20) U.S. BEVERAGE ALCOHOL DOLLAR SALES GROWTH (CY10 - CY20) - 1% CAGR Mod 3% CAGR 2 1. Source: United States Census Bureau, 2000 Decennial Census Profile of General Demographic Characteristics and 2021 American Community Survey Demographic and Housing Estimates. 2. Source: Constellation Brands internal estimates. 7

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