Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-13

Molson Coors Beverage (TAP)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$11,137,547
Gavin Hattersley total, FY2025
1st
CEO pay percentile vs peers
97:1
CEO-to-median pay ratio
95.41%
Say-on-pay support, latest vote
Companies that benchmark against TAP
7 companies name TAP as a compensation peer

Each company listed discloses TAP in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named TAP in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Gavin Hattersley$1,337,671$0$7,027,803$2,249,802$126,493$0$395,779$11,137,547
Former President and CEO
Tracey Joubert899,70005,874,238599,95848,58414,791217,3167,654,587
CFO
Michelle St. Jacques649,86502,155,943449,960003,004,1556,259,922
Former Chief Commercial Officer
Rahul Goyal640,42203,121,212200,98639,1221,829131,3304,134,901
President and CEO
Natalie Maciolek633,58701,798,702374,97729,0640144,0502,980,380
Chief Legal, Communications & Government Affairs Officer and Secretary
Philip Whitehead494,62501,662,058374,97767,6655,508154,3782,759,211
President and CEO of Molson Coors EMEA&APAC
Darrin Vohs473,9770312,40399,99841,710068,669996,757
Chief Information Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Gavin Hattersley$11,137,547$12,210,558
Tracey Joubert7,654,5873,875,979+3,778,608
Michelle St. Jacques6,259,9223,060,3903,568,335+3,199,532
Rahul Goyal4,134,901
Natalie Maciolek2,980,3802,402,1561,856,606+578,224
Philip Whitehead2,759,211
Darrin Vohs996,757

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Rahul GoyalPSU2025-03-0506,78016,272$426,869
Rahul GoyalRSU2025-04-148,206493,312
Rahul GoyalRSU2025-10-0143,4502,000,004
Rahul GoyalRSU2025-03-053,390201,027
Rahul GoyalOPTION2025-03-0512,992200,986
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Rahul Goyal$2,694,343$426,869$200,98612.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Tracey JoubertRSU879,813$36,010,746
Philip WhiteheadRSU397,35116,263,576
Rahul GoyalRSU469,80019,228,914
Darrin VohsRSU463,50018,971,055
Michelle St. JacquesRSU734,85030,077,410
Natalie MaciolekRSU600,30024,570,279
Gavin HattersleyRSU1,300,00053,209,000
05

Incentive-plan design — the Compensation Discussion & Analysis

Our objective for our executive compensation programs is to support our business needs while being competitive in an ever-changing marketplace. To that end, our programs follow certain core principles that we believe enable us to attract and retain the leaders who will effectively develop and execute our business strategy.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)
Independent consultantCompensation Consultant (independent, unnamed firm referenced generically in text)
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-06153,627,5337,383,703207,07495.41%Passed
20252025-05-14167,356,8744,390,706195,46797.44%Passed
20242024-05-15171,915,69410,326,551653,25494.33%Passed
20232023-05-17166,779,7787,127,940184,55795.9%Passed
20222022-05-18165,677,9828,323,312237,85995.22%Passed
20212021-05-26163,057,27611,883,586294,93793.21%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0695.41%a
20252025-05-1497.44%b
20242024-05-1594.33%c

a. Approved under the standard stated in the filing — “Proposal ​ Class A and Class B common stock ​ ​ ​ Class A and Class B exchangeable shares ​ ​ ​ Can Brokers Vote Absent Instructions? Proposal 1: ​ Election of Directors No ​ No Proposal 2: ​ Advisory Say-on-Pay Vote No ​ No Proposal 3: ​ Ratification of Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 Yes* ​ Yes* * Only Class A common stock and Class A exchangeable shares are eligible to vote on Proposal 3 ​ ​ ​ How are abstentions, broker non-votes, and withheld votes counted? ​ Abstentions and Broker non-votes are included in determining whether a quorum is present but will not affect the outcome of the vote on any proposal.”.

b. Approved under the standard stated in the filing — “Proposal ​ Class A and Class B common stock ​ ​ ​ Class A and Class B exchangeable shares ​ ​ ​ Can Brokers Vote Absent Instructions? Proposal 1: ​ Election of Directors No ​ No Proposal 2: ​ Advisory Say-on-Pay Vote No ​ No Proposal 3: ​ Ratification of Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 Yes* ​ Yes* * Only Class A common stock and Class A exchangeable shares are eligible to vote on Proposal 3 ​ ​ ​ How are abstentions, broker non-votes, and withheld votes counted? ​ Abstentions and Broker non-votes are included in determining whether a quorum is present but will not affect the outcome of the vote on any proposal.”.

c. Approved under the standard stated in the filing — “Proposal Can Brokers Vote Absent Instructions? Class A and Class B common stock Class A and Class B exchangeable shares Proposal 1: Election of Directors No No Proposal 2: Advisory Say-on-Pay Vote No No Proposal 3: Ratification of Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024 Yes* No* * Only Class A common stock and Class A exchangeable shares are eligible to vote on Proposal 3 How are abstentions, broker non-votes, and withheld votes counted? Abstentions and Broker non-votes are included in determining whether a quorum is present, but will not be included in votes cast, so they will not affect the outcome of the vote on any proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)97 : 1
CEO total compensation$9,402,624
Median employee compensation$97,029
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Geoffrey E. MolsonIndependent · Governance (Chair)$201,291$170,000$0$89,403$460,694
David S. CoorsEmployee director · Board Chair · Governance201,291170,0000371,291
Roger G. EatonIndependent · Lead Independent Director · Audit · Finance (Chair) · Governance142,129170,0000312,129
Leroy J. Williams JrIndependent · Audit · Technology (Chair) · Finance136,325170,0000306,325
Nessa O'SullivanIndependent · Audit (Chair) · Finance136,291170,0000306,291
Mary Lynn Ferguson-McHughIndependent · Compensation & HR (Chair)132,864170,0000302,864
H. Sanford RileyIndependent · Compensation & HR118,709170,0000288,709
Charles M. HeringtonIndependent · Audit · Finance111,363170,0000281,363
Jill TimmIndependent · Audit · Technology · Finance111,291170,0000281,291
James Sandy A. Winnefeld JrIndependent · Audit · Technology · Compensation & HR111,291170,0000281,291
Andrew T. MolsonIndependent · Governance111,291170,0000281,291
Christian Chris P. CocksIndependent · Audit · Technology · Compensation & HR · Newly elected72,682170,0000242,682
Peter J. CoorsEmployee director · Governance · Newly elected72,637170,0000242,637
Julia M. BrownIndependent · Departed during FY65,19200065,192
Peter H. CoorsIndependent · Departed during FY65,19200065,192
Rahul GoyalEmployee director · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)140,000 / 137,500
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,789,839
Equity awards (grant-date value)$2,210,000
All other compensation$89,403
Total cost of the board$4,089,242

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Molson Coors Beverage names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Molson Coors Beverage.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Brown-Forman Corporation2026Lawson Whiting$1,314,365$10,772,703$2,366,434$2,493,150$25,304,882
2The Hershey Company2025Kirk Tanner456,73114,674,11301,358,05216,806,399
3Coca-Cola Consolidated, Inc.2025J. Frank Harrison, III1,406,3680012,905,30516,712,541
4Colgate-Palmolive Company2025Noel Wallace1,500,0008,005,1523,570,0162,455,95016,478,196
5Constellation Brands, Inc.2026William Newlands1,449,03810,767,74901,564,38214,209,126
6General Mills, Inc.2026Jeffrey Harmening1,350,0007,326,4052,279,9731,404,54014,018,052
7Conagra Brands, Inc.2026Sean Connolly1,415,0008,958,37202,827,17013,680,675
8The Clorox Company2025Linda Rendle1,307,6929,754,75301,696,00013,333,032
9Molson Coors Beverage2025Gavin Hattersley1,337,6717,027,8032,249,802126,49311,137,547
10Campbell Soup Company2025Mark Clouse664,0158,932,7300859,14011,056,404
11Hormel Foods Corporation2025James Snee1,050,0002,000,0131,999,7701,453,0007,395,224

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Molson Coors Beverage6%PSU 50 · RSU 25 · Options 25Yes — Relative TSRCompensation Consultant (independent, unnamed firm referenced generically in text)
Brown-Forman Corporationnot disclosedPSU 67 · Options 33Yes — Three-year TSRCompensation Advisory Partners
Campbell Soup Company74%PSU 60 · RSU 40Yes — TSR performanceFW Cook
Coca-Cola Consolidated, Inc.170%Cash LTI 100NoKorn Ferry
Colgate-Palmolive Company93.6%PSU 50 · Options 30 · RSU 20NoFW Cook
Conagra Brands, Inc.111%Performance Shares 60 · RSU 40not disclosedFW Cook
Constellation Brands, Inc.54%PSU 50 · RSU 50Yes — Relative TSRFW Cook
General Mills, Inc.58%PSU 50 · RSU 25 · Options 25Yes — Relative TSR ModifierFW Cook
Hormel Foods Corporation66%PSU 50 · Options 25 · RSU 25Yes — Relative TSRPearl Meyer
The Clorox Company80%PSU 60 · RSU 40NoFW Cook
The Hershey Company165.19%PSU 65 · RSU 35NoFrederic W. Cook & Co., Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Gavin HattersleyDEF 14A2026-03-250001104659-26-034154Section “Summary Compensation Table” · page 67. As printed: 11,137,547. Filing ↗machine: t247 · r12 · c18 · span 1742742–1742752
2Section 01, Tracey JoubertDEF 14A2026-03-250001104659-26-034154Section “Summary Compensation Table” · page 67. As printed: 7,654,587. Filing ↗machine: t247 · r15 · c18 · span 1759198–1759207
3Section 01, Michelle St. JacquesDEF 14A2026-03-250001104659-26-034154Section “Summary Compensation Table” · page 67. As printed: 6,259,922. Filing ↗machine: t247 · r18 · c18 · span 1775677–1775686
4Section 01, Rahul GoyalDEF 14A2026-03-250001104659-26-034154Section “Summary Compensation Table” · page 67. As printed: 4,134,901. Filing ↗machine: t247 · r10 · c18 · span 1731683–1731692
5Section 01, Natalie MaciolekDEF 14A2026-03-250001104659-26-034154Section “Summary Compensation Table” · page 67. As printed: 2,980,380. Filing ↗machine: t247 · r21 · c18 · span 1791518–1791527
6Section 01, Philip WhiteheadDEF 14A2026-03-250001104659-26-034154Section “Summary Compensation Table” · page 67. As printed: 2,759,211. Filing ↗machine: t247 · r26 · c18 · span 1818626–1818635
7Section 01, Darrin VohsDEF 14A2026-03-250001104659-26-034154Section “Summary Compensation Table” · page 67. As printed: 996,757. Filing ↗machine: t247 · r24 · c18 · span 1807717–1807724
8Section 03, Rahul Goyal PSUDEF 14A2026-03-250001104659-26-034154Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t259 · r13 · c14 · span 1963238–1963243
9Section 03, Rahul Goyal RSUDEF 14A2026-03-250001104659-26-034154Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t259 · r11 · c18 · span 1950094–1950099
10Section 03, Rahul Goyal RSUDEF 14A2026-03-250001104659-26-034154Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t259 · r12 · c18 · span 1957229–1957235
11Section 03, Rahul Goyal RSUDEF 14A2026-03-250001104659-26-034154Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t259 · r10 · c24 · span 1944393–1944400
12Section 03, Rahul Goyal OPTIONDEF 14A2026-03-250001104659-26-034154Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t259 · r14 · c20 · span 1972213–1972219
13Section 07, pay ratioDEF 14A2026-03-250001104659-26-034154Section “CEO Pay Ratio”. As printed: 97 : 1. Filing ↗
14Section 08, Geoffrey E. MolsonDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 460,694. Filing ↗machine: t130 · r12 · c8 · span 1091876–1091883
15Section 08, David S. CoorsDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 371,291. Filing ↗machine: t130 · r6 · c8 · span 1078443–1078450
16Section 08, Roger G. EatonDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 312,129. Filing ↗machine: t130 · r8 · c8 · span 1082941–1082948
17Section 08, Leroy J. Williams JrDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 306,325. Filing ↗machine: t130 · r16 · c8 · span 1100802–1100809
18Section 08, Nessa O'SullivanDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 306,291. Filing ↗machine: t130 · r13 · c8 · span 1094092–1094099
19Section 08, Mary Lynn Ferguson-McHughDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 302,864. Filing ↗machine: t130 · r9 · c8 · span 1085160–1085167
20Section 08, H. Sanford RileyDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 288,709. Filing ↗machine: t130 · r14 · c8 · span 1096302–1096309
21Section 08, Charles M. HeringtonDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 281,363. Filing ↗machine: t130 · r10 · c8 · span 1087374–1087381
22Section 08, Jill TimmDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 281,291. Filing ↗machine: t130 · r15 · c8 · span 1098505–1098512
23Section 08, James Sandy A. Winnefeld JrDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 281,291. Filing ↗machine: t130 · r17 · c8 · span 1102751–1102758
24Section 08, Andrew T. MolsonDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 281,291. Filing ↗machine: t130 · r11 · c8 · span 1089584–1089591
25Section 08, Christian Chris P. CocksDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 242,682. Filing ↗machine: t130 · r5 · c8 · span 1076154–1076161
26Section 08, Peter J. CoorsDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 242,637. Filing ↗machine: t130 · r7 · c8 · span 1080733–1080740
27Section 08, Julia M. BrownDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 65,192. Filing ↗machine: t130 · r19 · c2 · span 1106853–1106859
28Section 08, Peter H. CoorsDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 65,192. Filing ↗machine: t130 · r20 · c2 · span 1109472–1109478
29Section 08, Rahul GoyalDEF 14A2026-03-250001104659-26-034154Section “Director Compensation”. As printed: 0. Filing ↗
30Section 06, 2026 voteForm 8-K2026-05-080001104659-26-058010Item 5.07 · say-on-pay result. As reported: 95.41% (votes for as printed: 153,627,533). Filing ↗
31Section 06, 2025 voteForm 8-K2025-05-160001104659-25-050068Item 5.07 · say-on-pay result. As reported: 97.44% (votes for as printed: 167,356,874). Filing ↗
32Section 06, 2024 voteForm 8-K2024-05-170001104659-24-063012Item 5.07 · say-on-pay result. As reported: 94.33% (votes for as printed: 171,915,694). Filing ↗
33Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
34Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
35Section 09b board cost (computed)ComputedcomputedCash 1,789,839 + equity 2,210,000 + all other 89,403 = 4,089,242, summed across the director compensation table rows.machine: formula: Σ = 4,089,242
36Brown-Forman Corporation, Section 10b CEO totalDEF 14A2026-06-180001193125-26-275853CEO total compensation as printed in Brown-Forman Corporation's own proxy. As printed: 25,304,882. Filing ↗machine: t132 · r4 · c35 · span 757502–757512
37The Hershey Company, Section 10b CEO totalDEF 14A2026-03-250001628280-26-021065CEO total compensation as printed in The Hershey Company's own proxy. As printed: 16,806,399. Filing ↗machine: t70 · r3 · c16 · span 1119047–1119057
38Coca-Cola Consolidated, Inc., Section 10b CEO totalDEF 14A2026-03-230001628280-26-020505CEO total compensation as printed in Coca-Cola Consolidated, Inc.'s own proxy. As printed: 16,712,541. Filing ↗machine: t33 · r2 · c19 · span 601035–601045
39Colgate-Palmolive Company, Section 10b CEO totalDEF 14A2026-03-250001308179-26-000136CEO total compensation as printed in Colgate-Palmolive Company's own proxy. As printed: 16,478,196. Filing ↗machine: t137 · r1 · c18 · span 723853–723863
40Constellation Brands, Inc., Section 10b CEO totalDEF 14A2026-06-080000016918-26-000023CEO total compensation as printed in Constellation Brands, Inc.'s own proxy. As printed: 14,209,126. Filing ↗machine: r2 · c24 · span 851966–851977
41General Mills, Inc., Section 10b CEO totalDEF 14A2026-08-130001628280-26-056619CEO total compensation as printed in General Mills, Inc.'s own proxy. As printed: 14,018,052. Filing ↗machine: t159 · r2 · c8 · span 1890686–1890696
42Conagra Brands, Inc., Section 10b CEO totalDEF 14ACEO total compensation as printed in Conagra Brands, Inc.'s own proxy. As printed: 13,680,675.
43The Clorox Company, Section 10b CEO totalDEF 14A2025-10-070001552781-25-000311CEO total compensation as printed in The Clorox Company's own proxy. As printed: 13,333,032. Filing ↗machine: r1 · c9 · span 683061–683071
44Molson Coors Beverage (subject), Section 10b CEO totalDEF 14A2026-03-250001104659-26-034154CEO total compensation as printed in Molson Coors Beverage's own proxy. As printed: 11,137,547. Filing ↗machine: t247 · r12 · c18 · span 1742742–1742752
45Campbell Soup Company, Section 10b CEO totalDEF 14A2025-10-080001308179-25-000618CEO total compensation as printed in Campbell Soup Company's own proxy. As printed: 11,056,404. Filing ↗machine: span 1065685–1065695
46Hormel Foods Corporation, Section 10b CEO totalDEF 14A2025-12-170000048465-25-000074CEO total compensation as printed in Hormel Foods Corporation's own proxy. As printed: 7,395,224. Filing ↗machine: r5 · c27 · span 586269–586278
47Section 10a, Campbell Soup Company reciprocityDEF 14A0001308179-25-000618Campbell Soup Company's most recent proxy was read; its disclosed peer group does not include Molson Coors Beverage. Filing ↗
48Section 10a, Conagra Brands, Inc. reciprocityDEF 14A0000023217-26-000037Conagra Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Molson Coors Beverage. Filing ↗
49Section 10a, Hormel Foods Corporation reciprocityDEF 14A0000048465-25-000074Hormel Foods Corporation's most recent proxy was read; its disclosed peer group does not include Molson Coors Beverage. Filing ↗
50Section 10a, The Hershey Company reciprocityDEF 14A0001628280-26-021065The Hershey Company's most recent proxy was read; its disclosed peer group does not include Molson Coors Beverage. Filing ↗
51Section 10a, General Mills, Inc. reciprocityDEF 14A0001628280-26-056619General Mills, Inc.'s most recent proxy was read; its disclosed peer group does not include Molson Coors Beverage. Filing ↗
52Section 10a, Coca-Cola Consolidated, Inc. reciprocityDEF 14A0001628280-26-020505Coca-Cola Consolidated, Inc. names Molson Coors Beverage in its own disclosed peer group (read from its most recent proxy). Filing ↗
53Section 10a, Constellation Brands, Inc. reciprocityDEF 14A0000016918-26-000023Constellation Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Molson Coors Beverage. Filing ↗
54Section 10a, Brown-Forman Corporation reciprocityDEF 14A0001193125-26-275853Brown-Forman Corporation names Molson Coors Beverage in its own disclosed peer group (read from its most recent proxy). Filing ↗