Brown-Forman Declares Cash Dividend

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2178 per share on its Class A and Class B Common Stock. The dividend is payable on July 1, 2024, to stockholders of record on June 7, 2024.

Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 80 years and has increased the cash dividend for 40 consecutive years.

For more than 150 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel's Tennessee Whiskey, Jack Daniel's Ready-to-Drinks, Jack Daniel's Tennessee Honey, Jack Daniel's Tennessee Fire, Jack Daniel's Tennessee Apple, Gentleman Jack, Jack Daniel's Single Barrel, Woodford Reserve, Old Forester, Coopers’ Craft, The GlenDronach, Benriach, Glenglassaugh, Slane, Herradura, el Jimador, New Mix, Korbel, Chambord, Fords Gin, Gin Mare, and Diplomático Rum. Brown-Forman’s brands are supported by approximately 5,600 employees globally and sold in more than 170 countries worldwide. For more information about the company, please visit brown-forman.com. Follow us on LinkedIn, Instagram, and X, formerly Twitter.

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Rob Frederick

Vice President

Corporate Communications

rob_frederick@b-f.com

502-774-7707

Sue Perram

Vice President

Investor Relations

sue_perram@b-f.com

502-774-6862

Source: Brown-Forman Corporation