STZ: Material agreement · New financial obligation

Item 1.01 Entry into a Material Definitive Agreement. On September 18, 2026 (the “ Effective Date” ), Constellation Brands, Inc. (the “ Company” ), Manufacturers and Traders Trust Company, as administrative agent (the “ Administrative Agent” ), and certain other lenders (the “ Credit Agreement Lenders” ), entered into a Term Loan Credit Agreement (the “ Credit Agreement” and loans made thereunder the “ Term Loans” ). The Credit Agreement provides for a delayed draw term loan available in up to two draws in the aggregate principal amount of $300 million. If the Company elects to draw under the Credit Agreement, it intends to use the proceeds of the Term Loans for general corporate purposes, including repayment of indebtedness. The commitments under the Credit Agreement will terminate on the earliest of (i) the date on which such commitments have been fully drawn or terminated pursuant to the terms and conditions set forth in the Credit Agreement, (ii) the second date on which the Term Loans are funded pursuant to the terms and conditions to funding set forth in the Credit Agreement and (iii) June 18, 2027. The Term Loans will mature two years after the date on which the initial borrowing, if any, of the Term Loans occurs. The Term Loans will bear interest, at the Company’s option, at Term SOFR or Base Rate (each, as defined in the Credit Agreement) plus (i) in the case of Term SOFR Term Loans, a margin ranging from 0.700% to 1.100% per annum based on the Company’s credit rating as determined by Standard & Poor’s Financial Services LLC (“ S&P” ) or Moody’s Investors Service, Inc. (“ Moody’s” ) and (ii) in the case of Base Rate Term Loans, a margin ranging from 0.000% to 0.100% per annum based on the Company’s credit rating as determined by S&P or Moody’s. Unused commitmen