Sustainability Accounting Standards Board (SASB) Disclosure
Topics Industry Standards for Alcoholic Beverages

ENERGY MANAGEMENTSASB METRICOUR RESPONSE

CODE

1. Total energy consumed (GJ)3, 460, 430

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2. Percentage grid electricity

14%

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3. Percentage renewable energy

14%

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The percentage renewable includes retired renewable energy credits fromThe East Forks Wind Power Purchase Agreement and on-site renewableenergy generation.
As of FY2023, 88% of Brown-Forman’s electricity consumption is fromrenewable sources.
See also 2023 Integrated Annual Report, page 22.

WATER MANAGEMENTSASB METRICOUR RESPONSE

CODE

1. Total water withdrawn (m3)

4,067,787

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2. a. Total water consumed (m3)

2,614,481

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WATER MANAGEMENT, continued
SASB METRICOUR RESPONSE

CODE

2 b. percentage of each inregions with High or ExtremelyHigh Baseline Water Stress

Water withdrawn = 17%

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Description of water

Water-related risks have been incorporated into our Enterprise Risk

management risks anddiscussion of strategies andpractices to mitigate those risks

Water consumed = 14%

Management process, and fully consider our direct operations, which includes
both owned production sites as well as owned agricultural operations. Waterrelated risks in other parts of our value chain are not considered currently, but
we do plan to expand the risk assessment to upstream suppliers
within the next two years.
We use the WRI Aqueduct and WWF Water Risk Filter tools as screening tools toassess inherent risk at each of our production sites, focusing on water
availability and water quality both now and in the future. Where inherent risk
levels are ranked "high" or greater we conduct a more detailed assessment oflocal conditions and risks.
Sustainability, Finance, Legal, and Risk Management groups within BrownForman collaborate using the company's Enterprise Risk Management process toidentify and quantify risk. Via this process, we consider risk drivers, financial
impact, time frames of risk, assess if the risk gets worse over time, and thelikelihood of occurrence. Once ranked, the risks are captured on a Dashboard.
Project Teams are assigned to workshop risks to identify possible interventions
and mitigation status is captured quarterly.

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RESPONSIBLE DRINKING & MARKETINGSASB METRICOUR RESPONSE

CODE

Percentage of total advertising
impressions made on individuals
at or above the legal drinking
age

See 2023 Impact Scorecard.
U.S. only

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Number of incidents of non-See 2023 Integrated Annual Report. There was one complaint made, but zero
were upheld by governing bodies.

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compliance with industry or
regulatory labeling and/ormarketing codes
Total amount of monetary losses
as a result of legal proceedings
associated with marketing and/or labeling practices
Description of efforts
to promote responsible
consumption of alcohol

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None.

See Alcohol Responsibility; See 2023 Integrated Annual Report pages 3, 5, 12,30.

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PACKAGING LIFECYCLE MANAGEMENTSASB METRICOUR RESPONSE

CODE

1. Total weight of packaging

Brown-Forman is in the process of sourcing data for the majority of our markets.

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2. a. percentage made from

Brown-Forman is in the process of sourcing data for the majority of our markets.

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Brown-Forman is in the process of sourcing data for the majority of our markets.

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recycled and/or renewablematerials
b. and percentage that isrecyclable, reusable, and/orcompostable

PACKAGING LIFECYCLE MANAGEMENT, continued
SASB METRICOUR RESPONSE

CODE

Discussion of strategies toreduce the environmental
impact of packaging throughout
its lifecycle

See 2023 Integrated Annual Report, page 22.

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Brown-Forman is committed to: 100% of primary packaging being recyclable orreusable by 2030; eliminating unnecessary and problematic materials;
implementing circular product packaging systems; and, significantly increasing
the recycled content of product packaging materials by 2030. In FY23, BrownForman introduced a 50 ml PET bottle of Jack Daniel’s Tennessee Whiskey madewith 15% post-consumer recycled (PCR) PET, and began testing 50 ml PET bottles
with increasing levels of PCR content up to 100%.
Design: At Brown-Forman, all projects that involve a new packaging format or achange to an existing packaging format are overseen by the Brown-Forman
Project Management Office. These projects are required to go through the BrownForman Stage Gate Process, which includes a Sustainability Review.
Supplier Engagement: In FY23, Brown-Forman launched a Climate Action
Supplier Pilot Program and engaged with six key packaging suppliers. As part ofthis program, Brown-Forman regularly meets with suppliers to discuss
opportunities to improve the sustainability of packing and reduce greenhousegas emissions.

ENVIRONMENTAL & SOCIAL IMPACTS OF INGREDIENT SUPPLY CHAIN
SASB METRICOUR RESPONSE

CODE

Suppliers’ social andenvironmental responsibilityaudit 1. Non-conformance rateand 2. Associated correctiveaction rate for (a) major and (b)minor non-conformances

At this time, we do not conduct environmental and social audits of our supply
chain.

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Our Human Rights Steering Committee, chaired by our Chief Risk, Ethics, andCompliance Officer, continues to make progress on our three-year humanrights strategy. Building on last year’s progress, we reviewed and improved
existing company commitments, policies, processes, and practices. There wasone report for non-conformance, and corrective action was taken tosuccessfully resolve the reported issue. In fiscal 2023, we piloted a humanrights questionnaire with selected employees, and implemented training
globally.
See 2023 Integrated Annual Report, page 27; B-F Global Human Rights Policy;
B-F Supplier Code of ConductINGREDIENT SOURCINGSASB METRICOUR RESPONSE

CODE

Percentage of beverage
ingredients sourced fromregions with High or ExtremelyHigh Baseline Water Stress

31%

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While this metric reflects the range of our agricultural inputs sourced fromhigh water-stressed regions, including agave, the agave plants do not requiresignificant water for growth and are not known to contribute to water stress in
the region.

List of priority beverage
ingredients and descriptionof sourcing risks due toenvironmental and social
considerations

Priority Beverage Ingredients: Agave, Barley, Corn, Grapes, Malted Barley,Molasses, Rye, Sugar, and Wood. From time to time, our priority beverage
ingredients could be adversely affected by weather and other forces out of ourcontrol that might constrain supply or reduce our inventory below desired levels
for optimum production. Weather, the effects of climate change, fires, diseases,and other agricultural uncertainties that affect the health, yield, quality, or priceof the various raw materials used in our products also present risks for ourbusiness, including in some cases potential impairment in the recorded value of
our inventory. Climate change could also affect the maturation and yield of ouraged inventory over time. Changes in weather patterns or intensity can disrupt
our supply chain as well, which may affect production operations, insurance
costs and coverage, and the timely delivery of our products.
Water is an essential component of our products, so the quality and quantity ofavailable water is important to our ability to operate our business. If extendeddroughts become more common or severe, or if our water supply wereinterrupted for other reasons, high-quality water could become scarce in somekey production regions for our products, which in turn could adversely affect ourbusiness and financial results.
See also 2023 Form 10-K, page 7 and page 18.

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ACTIVITY METRICS
SASB METRICOUR RESPONSE

CODE

Volume of products sold51.2 million 9-liter cases

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Number of production facilities

21Total fleet road miles traveled

20, 553, 315
This number represents Brown-Forman’s global sales fleet business miles andproduct distribution road miles.

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