4Q22 Beverages Reference Card

4Q22BeveragesReferenceCard Source:Companyfilings,BofAGlobalResearch. Note(s):AlldatareferenceslatestavailableLTMinformation.Whereapplicable,figuresmaybeadjustedorincludeBofAestimatesforpensions,operatingleases,recentacquisitions,charges,orotherone-itemitems.Shareholders'Equityincludesnoncontrollinginterest,ifapplicable.Non-U.S.companiesareasofmostrecent1HorFY.DebtincludesoperatingleaseliabilitiesandexcludesfairvalueofFXforwards,swaps,andinterestratehedging(whereapplicable)andfornon-U.S.companiespre-IFRS16;STZleverageisex.Canopy