Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE:TAP, TAP.A, TAP 32, TSX:TPX, TPX.B))) announced today that its wholly-owned indirect subsidiary, Molson Coors International LP, has commenced a private placement (the "Offering") in Canada of Canadian dollar-denominated senior notes (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 CAD $500 million 3.44% Senior Notes due 2026.