Mr. Josh Noel reports

MOLSON COORS NOMINATES CHRIS COCKS AS AN INDEPENDENT DIRECTOR TO JOIN ITS BOARD OF DIRECTORS

The Molson Coors Beverage Company's board of directors has nominated Christian "Chris" Cocks as an independent Class B director for election at the company's annual meeting of stockholders on May 14, 2025. Mr. Cocks is a seasoned consumer goods executive who serves as chief executive officer of Hasbro Inc., a leading games, IP and toy company.

"With his background evolving a historic business in the consumer goods industry and a track record of driving commercial and operational success, we believe Chris will bring valuable experience and a great voice to our board. We are very happy to nominate Chris for election, and we expect he will be an excellent addition to our already strong board of directors," said Geoff Molson, chair of the Molson Coors' board of directors.

Mr. Cocks brings executive public company leadership experience and an extensive understanding of consumer behaviour across multiple channels, including deep e-commerce, brand management and digital transformation experience. He also has valuable experience in the consumer goods industry, enterprise strategy, and talent management and development.

Under Mr. Cocks' leadership, Hasbro has become the No. 1 IP licensor in digital gaming and the largest corporate parent of IP mobile games by United States revenue, with the success of the mobile game juggernaut Monopoly Go! from partners at Scopely, and the award-winning Baldur's Gate III video game from Larian Studios.

"I'm honoured and excited about the opportunity to join the board of this historic company," said Mr. Cocks. "Molson Coors has made tremendous progress over the past few years and has a strong strategy to achieve its ambitions in the years ahead, with its iconic beers and a range of products that will reach more consumers in more occasions. I'm deeply appreciative of the opportunity to be part of that journey."

In addition to his role as CEO, Mr. Cocks currently serves as a director of Hasbro Inc. and Brown University Health. Prior to his current role, he was president and chief operating officer of Hasbro's Wizards of the Coast and digital gaming division and held senior leadership positions at Microsoft and LeapFrog Enterprises Inc.

About Molson Coors Beverage Company

For more than two centuries, Molson Coors has brewed beverages that unite people for all life's moments. From its core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Oujsko to the company's above premium brands including Madri Excepcional and Staropramen, Blue Moon Belgium White, and Leinekugel's Summer Shandy, to the company's economy and value brands like Miller High Life and Keystone Light, Molson Coors produces some of the most beloved and iconic brands. While Molson Coors history is rooted in beer, it offers a modern portfolio that expands beyond the beer aisle as well, including flavoured beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and non-alcoholic beverages. Molson Coors also has partner brands, such as Simply Spiked, ZOA Energy, among others, trough license, distribution, partnership and joint venture agreements. As a business, the company's ambition is to be the first choice for its people, its consumers and its customers, and its success depends on its ability to make its products available to meet a wide range of consumer segments and occasions.