TAP-A · Molson Coors Beverage Co

Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE: TAP, TAP.A; TSX: TPX.A, TPX.B) today reported results for the 2025 fourth quarter and full year. 2025 FOURTH QUARTER FINANCIAL HIGHLIGHTS1 Net sales decreased 2.7% reported and 4.0% in constant currency. U.S. GAAP income before income taxes decreased 23.1% to $266.3 million. Underlying (Non-GAAP) income before income taxes was $296.8 million, a decrease of 13.8% in constant currency. U.S. GAAP net income attributable to MCBC of $238.3 million, $1.22 income per share on a diluted basis. Underlying (Non-GAAP) diluted income per share of $1.21 decreased 6.9%. 2025 FULL YEAR FINANCIAL HIGHLIGHTS1 Net sales decreased 4.2% reported and 4.8% in constant currency. U.S. GAAP loss before income taxes of $2,518.0 million decreased $4,021.0 million from income before income taxes in the prior year largely driven by a $3,645.7 million non-cash partial goodwill impairment charge as well as $273.9 million non-cash

Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) will release its 2025 Fourth Quarter and Full Year earnings results on Wednesday, February 18, 2026 at approximately 4 p.m. Eastern Time. That same day, the company will participate in the 2026 Consumer Analyst Group of New York (CAGNY) Conference. The presentation is scheduled for 5 p.m. Eastern Time. Chief Executive Officer Rahul Goyal and Chief Financial Officer Tracey Joubert will discuss the company’s business strategies and 2026 medium-term financial outlook. The presentation will be available via live webcast on the company’s investor relations website, with a replay accessible until August 18, 2026. Due to the detailed strategic and outlook discussion planned for the CAGNY conference, the company will not host a quarterly earnings conference call. Overview of Molson Coors Beverage Company For more than two centuries, we have brewed beverages that unite people to celebrate all life’s moments. From our core