Corby Spirit appoints Tresarrieu as president, CEO

Mr. Juan Alonso reports CORBY SPIRIT AND WINE ANNOUNCES NEW CHIEF EXECUTIVE OFFICER Effective Jan. 1, 2026, Florence Tresarrieu has been appointed as president and chief executive officer of Corby Spirit and Wine Ltd., succeeding Nicolas Krantz, who will take on new responsibilities within the Pernod Ricard Group. A Belgian national, Ms. Tresarrieu brings over two decades of global leadership experience. As global senior vice-president of investor relations, treasury and cash performance at Pernod Ricard S.A., she has been pivotal in shaping the company's financial strategy and elevating shareholder engagement, while developing deep expertise in the spirits industry and the Pernod Ricard Group. Before joining Pernod Ricard in 2019, Ms. Tresarrieu spent 18 years at top-tier investment banks JP Morgan and Barclays, where she advised major corporations on strategic and financial matters as managing director, as well as successfully building new businesses. Her international career has spanned key markets, including the United Kingdom, Asia and France. Her combination of strategic insight, operational leadership and stakeholder fluency positions her well to lead Corby. Mr. Krantz will assist Ms. Tresarrieu with her transition into her new role in the months ahead. "We're excited to welcome Florence to Corby as our new chief executive officer. With significant global financial and leadership experience, she will guide Corby into its next chapter, build on our strong foundation, and drive continued momentum, growth and innovation," said Lucio Di Clemente, chairman of Corby's board of directors. During his five-year tenure, Mr. Krantz successfully guided Corby through the challenges of the pandemic, strengthened the company's portfolio strategy and accelerated growth in the fast-expanding ready-to-drink segment through strategic acquisitions. Under his leadership, Corby enhanced its brand portfolio, gained market share, and fostered a more agile, collaborative and consumer-centric organization. Corby's board of directors also announced that, effective Jan. 1, 2026, Ms. Tresarrieu has been appointed as a Corby director and that Claude Boulay will resign from his role as a Corby director, effective Dec. 31, 2025, but continue as a Pernod Ricard consultant, with Mr. Krantz remaining on the board as a non-executive director following Mr. Boulay's departure. "On behalf of the board of directors, I want to express our deepest gratitude to Nicolas for his leadership, unwavering commitment and transformative vision during his time at Corby. We thank Nicolas for the legacy he leaves behind, wish him continued success in his future endeavours, and look forward to continuing to benefit from his insight and experience by staying on the Corby board," said Mr. Di Clemente. "I'd also like to thank Claude for his 17 years of service on our Board. His thoughtful perspectives and collaborative spirit helped guide Corby through key moments of growth and transformation, and we are truly grateful for the time, energy and expertise he has shared with us." About Corby Spirit and Wine Ltd. Corby is a leading Canadian manufacturer, marketer and distributor of spirits, wines and ready-to-drink beverages. Corby's portfolio of owned brands includes some of the most renowned brands in Canada, including J.P. Wiser's, Lot 40 and Pike Creek Canadian whiskies, Polar Ice vodka, Lamb's rum, and McGuinness liqueurs, Cottage Springs and Nude ready-to-drink beverages, as well as Ungava gin, Cabot Trail maple-based liqueurs, and Foreign Affair wines. Pernod Ricard S.A. indirectly owns in excess of 50 per cent of Corby's issued and outstanding voting common shares, and is considered to be Corby's ultimate parent. Through its affiliation with Pernod Ricard S.A., a global leader in the spirits and wine industry, Corby also represents leading international brands, such as Absolut vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlua liqueur, and Mumm champagne. Corby also represents Vinarchy's Jacob's Creek, Wyndham Estate, Stoneleigh and Campo Viejo wines. Corby is a publicly traded company based in Toronto, Ont., and is listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B.