Brown-Forman Corporation (BF.B) Shareholder/Analyst Call Prepared Remarks Transcript

Good morning, everyone. We have a packed house today. I see standing room only in the back, really impressive. I am Sue Perram. I'm Director of Investor Relations. I'd like to welcome you to Brown-Forman's 2026 Annual Meeting of Stockholders. So thank you for joining us here in Louisville, a beautiful Churchill Downs. But also welcome to my fellow Brown-Forman colleagues that are joining us virtually from around the globe. Before handing the meeting over to Marshall, I would like to remind all of you of the code of conduct for today's meeting, which is on the slide behind me, and it can also be found on the meeting website. I also need to make you aware that portions of today's meeting may contain forward-looking statements and certain non-GAAP financial measures as more fully described on the slide behind me. So I don't have to read this to all of you this time. It's also in the appendix of the presentation, which we will be posting later today on our website, www.brown-forman.com. So with that, we appreciate your interest in and continued support of Brown-Forman. And with that, I would like to turn the stage over to Marshall Farrer, Chairman of the Board. Marshall Farrer Executive Chairman Thank you, Sue, and good morning, everyone. I'm pleased to now call the Brown-Forman 2026 Annual Meeting of Stockholders to order. To start, I would like to acknowledge certain individuals who are with us here today, our Board of Directors, former members of the Board of Directors, and I would ask that