Brown-Forman Stockholders Elect Directors and Mark 150th Anniversary

Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) stockholders met today at the scheduled annual meeting and elected the slate of directors recommended by the Board of Directors as submitted in the company’s 2020 Proxy Statement. They also approved the company’s executive compensation plan on a non-binding advisory basis.

“There is nothing inevitable about a company’s ability to survive, to thrive, and to remain independent for 150 years,” said Geo. Garvin Brown IV, Chairman of the Board, Brown-Forman. “For us, it has been the balance and weight of our culture that has fueled 15 decades of leadership at Brown-Forman.”

"One hundred and fifty years ago, George Garvin Brown created Old Forester, the first bottled bourbon, and made a quality pledge that there was ‘Nothing Better in the Market,’” said Brown-Forman President and CEO Lawson Whiting. "I reiterate today, with our values guiding all that we do, we continue to be better, do better, and get better. I firmly believe that there is still ‘Nothing Better in the Market’ than Brown-Forman."

For 150 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Family of Brands, Finlandia, Korbel, el Jimador, Woodford Reserve, Old Forester, Coopers’ Craft, Herradura, New Mix, Sonoma-Cutrer, Canadian Mist, Chambord, Early Times, BenRiach, GlenDronach, Slane, and Fords Gin. Brown-Forman’s brands are supported by approximately 4,800 employees and sold in more than 170 countries worldwide. For more information about the company, please visit http://www.brown-forman.com/.

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