Recent Updates — BF-B

Brown-Forman Corporation completed the sale of $500 million aggregate principal amount of 5.375% Notes due October 15, 2031. The debt was issued pursuant to an underwriting agreement dated September 17, 2026, with net proceeds intended for general corporate purposes, including potential stock repurchases, repayment of existing debt, and working capital. Interest accrues semi-annually on April 15 and October 15, beginning in 2027. This filing discloses a significant new financing transaction that increases the company's leverage profile. Brown-Forman Corporation operates in the alcoholic beverage industry, producing and marketing spirits, wines, and malt beverages.

Lawson Whiting has announced his decision to retire as President and Chief Executive Officer of Brown-Forman Corporation, effective upon the appointment of his successor. The Board of Directors has initiated a search process to identify the next Chief Executive Officer. Brown-Forman Corporation is a producer and marketer of distilled spirits.