BROWN-FORMAN CORPORATION
Political Engagement and Contributions Policy

POLICY PURPOSE
Brown-Forman Corporation (“Brown-Forman” or the “Company”) understands that thedecisions made by policymakers have a significant impact on our business, stockholders,
communities, customers, suppliers, and industry. As a result, we seek to engage with and educate
elected and appointed officials regarding our business, operations, industry, company, products,
and the communities we serve.
Brown-Forman believes that transparency and accountability with respect to politicalexpenditures are important to our stockholders and critical to our compliance with laws,regulations, public disclosure and reporting obligations, and company policies concerning thisarea.
POLICY STATEMENT
Consistent with federal law, Brown-Forman does not make contributions, including
in-kind contributions, to candidates for federal office or national party committees. However,where permitted by U.S. law, we contribute corporate funds to state and local candidates, parties,committees, ballot measures, and political organizations. All of our political activities are focusedon promoting the best interests of the Company, without regard to the personal politicalpreferences or affiliations of any of our employees, officers, directors, or significant stockholders.
Brown-Forman’s corporate political contributions are subject to internal procedures
designed to align these efforts with our public policy priorities and applicable law.
Brown-Forman makes political contributions to candidates from both parties using objective
criteria that promote the best interests of the Company. All political contributions using corporate
funds must be approved by the Vice President, Director Public Affairs, Americas. Brown-Forman
makes corporate political contributions through the Jack Daniel’s PAC. Contributions through theJack Daniel’s PAC and all other corporate political contributions to state and local candidates,
parties, committees, ballot measures, and political organizations, including so-called 527
organizations, are listed on Appendix A. This list will be updated annually.
The Company does not make “independent expenditures,” that is, we do not buy ads
directly supporting or opposing any candidate for office or ballot measures. The Company also
does not generally make contributions to 501(c)(4) organizations for the purpose of making
independent expenditures and if the Company does make contributions to 501(c)(4) organizationsin the future, we will list such contributions on Appendix A and update such list on annual basis.
The Company does not make any political contributions outside of the United States without theprior approval of the Vice President, Director Public Affairs, Americas
and if the Company makes political contributions outside of the United States in the future, suchcontributions will be listed on Appendix A and updated annually.
BOARD OVERSIGHT OF POLITICAL ACTIVITIESThe Corporate Governance and Nominating Committee of Brown-Forman’s Board ofDirectors will exercise oversight with respect to the Company’s political activities. The Vice
President, Director Public Affairs, Americas will provide annual updates to the Corporate
Governance and Nominating Committee on such matters consisting of reports on public policy
issues, political engagements, and corporate political contributions. The Corporate Governanceand Nominating Committee will annually review such activities and related policies.
POLITICAL ACTION COMMITTEE
Brown-Forman offers its employees an opportunity to participate in the political processby contributing to an employee-funded PAC. The PAC makes political contributions to federal
candidates, campaigns, and political parties, as well as to state and local candidates, campaigns,and political parties. However, the PAC does not make contributions to other political action
committees. Contributions made by the PAC are funded entirely by eligible Brown-Forman
employees on a voluntary basis, and not with corporate assets. The PAC allows employees topool their financial resources to support federal, state and local candidates, political parties, andcampaigns. Eligible employees who do not choose to participate do so without fear of any
adverse action.
PAC OVERSIGHT
The PAC makes contributions in accordance with objective and consistent evaluative
criteria. The activities of the PAC, which is governed by its own Board of Directors, are subject tocomprehensive regulation by federal and state governments, including detailed disclosure
requirements. The PAC files monthly reports of receipts and disbursements with the Federal
Election Commission (“FEC”), as well as pre-election and post-election FEC reports. Click herefor the FEC database of PAC contributions and enter “Brown-Forman Corporation Non-Partisan
Committee for Responsible Government” or “Committee ID: C00059733” with respect to thePAC.

TRADE ASSOCIATIONS
As part of our engagement in the public policy process, Brown-Forman maintains
memberships in certain industry trade organizations representing the interests of the beveragealcohol companies and the broader business community with purposes that include, but are notlimited to, education about the industry, issues affecting the industry, and industry best practices
and standards. We may not always support every position taken by our trade associations or theother members, but we believe our participation in these organizations makes us more effective
and broadens our perspective on policy issues critical to our industry, our company, ourcustomers, and our communities. As a general matter, the trade associations of which
Brown-Forman is a member, like other membership-directed organizations, are driven byconsensus. Typically, no one member dictates priorities over the concerns/objections of othermembers.
Our trade associations endorse those substantive positions where consensus has beenreached; we may therefore recuse ourselves from an activity or initiative when appropriate orwhen we have a divergent point of view. The list of U.S. industry and/or trade organizations towhich we belonged in the previous fiscal year, and to which our annual payments exceeded$50,000, are disclosed in Appendix A, along with the amount used by such industry and/or tradeorganizations for non-deductible expenses. The Company maintains memberships in tradeassociations outside of the U.S. in accordance with the laws of each applicable jurisdiction.
EMPLOYEE POLITICAL ENGAGEMENTThe Company encourages its employees to participate in political activities in theirpersonal capacity, including by making contributions to candidates, parties, committees, ballot
measures, and political organizations, irrespective of whether such people or organizations holdviews that are consistent with the interests of the Company. Employees may not, however, use
any Company assets in connection with such activities, including their Company email account,Company stationery, or Company logo, nor may they in any way imply that their personal
political engagement reflects in any way the views of the Company, irrespective of whether theCompany has made contributions to the same person or organization. An employee may use
Company facilities to host a personal political event if the Company makes such facility available
to the general public for similar events for a fee, and if he or she pays such fee.

Appendix A
Fiscal Year 2024
Jack Daniel’s PAC Contributions
Campaign Name

AmountBoWPAC$2,500.00

Briggs PAC$3,500.00

Bryan Terry for State Representative$1,000.00

CAMPAC$10,000.00

Chris Hurt for State Representative$1,000.00

Citizens for Real Leadership$1,000.00

Committee to Elect Jake McCalmon$1,500.00

Committee to Elect Jesse Chism$2,000.00

Committee to Elect Tom Leatherwood$1,000.00

Darren Jernigan for State
Representative$1,000.00

Dixie 4 TN

$1,000.00

Ed Butler for State Representative$500.00

Ed Jackson for State Senate$2,500.00

Elect Michele Carringer$2,000.00

Friends of London Lamar$1,000.00

Friends of Sara Kyle

$1,000.00

Gary Hicks for State Representative$1,500.00

Haile PAC

$1,000.00

Iris Rudder for State Representative$1,000.00

Jack-PAC$2,500.00

Jason Powell for State Representative$1,000.00

Jeff Yarbro for State Senate$1,000.00

Jeremy Faison for State Representative$1,500.00

John Holsclaw for State Representative$3,000.00

John Stevens for State Senate$1,000.00

Johnny Garrett for State
Representative$1,000.00

Jon Lunberg for State Senate$2,000.00

Karen Camper for State
Representative$1,000.00

Kelly Keisling for State Representative$3,000.00

KEY PAC$4,000.00

Lamberth PAC$3,000.00

Larry Miller for State Representative$1,000.00

Lowe for State Senate$2,500.00

Mark Pody for State Senate$1,000.00

Marsh for Tennessee Business PAC$3,000.00

Mary Littleton for State
Representative$2,000.00

McPAC$10,000.00

Page Walley for State Senate$1,000.00

Patsy Hazlewood for StateRepresentative$2,500.00

Raumesh Akbari for State Senate$1,000.00

Rick Eldridge for State Representative$1,000.00

Rush Bricken for State Representative$2,000.00

RY-PAC$1,000.00

Shane Reeves for State Senate$2,000.00

TDG-PAC$5,000.00

Total$95,000.00

Other Corporate Contributions
Democratic Governors Association - $25,000
Republican State Leadership Committee - $25,000
Trade Association Memberships● American Distilled Spirits Alliance (ADSA)● Distilled Spirits Council of the United States (DISCUS)● Foundation for Advancing Alcohol Responsibility (FAAR)● Greater Louisville Inc. (GLI)● Kentucky Chamber of Commerce (KCC)● Kentucky Distillers’ Association (KDA)● Tennessee Chamber of Commerce & Industry (TCCI)● Tennessee Distillers Guild● U.S. Chamber of Commerce (USCC)