Molson Coors Beverage Company TAP EMEA&APAC — Expected restructuring charges

Also during the first quarter of 2026, we committed to various restructuring actions in the EMEA&APAC segment, including the closure of a small brewery in the U.K. by the end of 2026, alongside other operational changes designed to unlock efficiencies as well as modernize and simplify the EMEA&APAC segment to fund growth. During the three and six months ended June 30, 2026, we recorded employee-related charges of $0.3 million and $15.3 million, respectively, as well as accelerated depreciation in excess of normal depreciation charges of $2.5 million and $5.0 million during the three and six months ended June 30, 2026, respectively, related to these actions. We anticipate additional charges related to these committed actions to be approximately $3 million to $8 million, with the majority of these charges to be recorded during the remainder of 2026.