Molson Coors Beverage Company Announces Pricing of its Public Offering of United States Dollar-Denominated Senior Notes

Molson Coors Beverage Company Announces Pricing of its Public Offering of United States Dollar-Denominated Senior Notes

Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE: TAP, TAP.A, TAP 32; TSX: TPX.A, TPX.B) announced today that it has priced its previously announced public offering (the “Offering”) of $1,500,000,000 aggregate principal amount of its senior notes, consisting of $500,000,000 aggregate principal amount of 4.900% Senior Notes due 2031 and $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2036 (collectively, the “Notes”). The Offering is expected to close on or about May 27, 2026, subject to customary closing conditions.

Molson Coors intends to use the net proceeds of the Offering for general corporate purposes, including the repayment of the $2.0 billion 3.00% Senior Notes due 2026.

Citigroup Global Markets Inc., BofA Securities, Inc. and Goldman Sachs & Co. LLC are acting as joint book-running managers for the Offering.

The Offering is being made pursuant to an effective shelf registration statement (including a prospectus) (File No. 333-277183) filed with the Securities and Exchange Commission (“SEC”), which became effective upon filing. A preliminary prospectus supplement related to the Offering was filed with the SEC on May 20, 2026 and is available on the SEC’s website at www.sec.gov. A final prospectus supplement related to the Offering will be filed with the SEC. A copy of the prospectus and related preliminary prospectus supplement for the Offering may be obtained by contacting: Citigroup Global Markets Inc. by mail at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 by telephone at 1-800-831-9146 or by email at prospectus@citi.com; BofA Securities, Inc. by mail at NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attention: Prospectus Department or by email at dg.prospectus_requests@bofa.com; Goldman Sachs & Co. LLC by mail at 200 West Street, New York, NY 10282, Attention: Prospectus Department, by facsimile at 212-902-9316, by telephone at 1-866-471-2526 or by email at prospectus-ny@ny.email.gs.com.