For example, we are taking a deliberate and more restrictive approach to our recruitment efforts in the near term, and we intend to reduce certain non-business critical discretionary items like travel and entertainment.

May 8, 2025 / receipt, needs a key / Tracy, CFO | earnings call 2025-05-08 | transcript 63279aef-a7bc-4077-b2ab-f8db2270effe | chars 26636-26855 | segment 27

G&A increased due to increased people-related costs, including travel and entertainment expenses and legal costs, as well as cycling the Yangling Company equity income, which was included in G&A in the prior year period.

Nov 1, 2022 / receipt, needs a key / Tracy Joubert, CFO | earnings call 2022-11-01 | transcript ddf41019-9c2d-4a70-b488-e6f939ed3057 | chars 14931-15151 | segment 15

Underlying NG&A in the quarter increased 7.5%. G&A was up due to higher people-related costs, including increased travel and entertainment, while marketing investment increased as we continued to provide strong commercial support behind our core brands and new innovations.

Aug 2, 2022 / receipt, needs a key / Tracy Joubert, CFO | earnings call 2022-08-02 | transcript 561caea4-c940-4218-9020-004ae9be2d27 | chars 12682-12955 | segment 13

Underlying MG&A increased mid-single digits on higher G&A due to increased people-related costs, travel and entertainment expenses, and increased U.S. marketing investments.

Aug 2, 2022 / receipt, needs a key / Tracy Joubert, CFO | earnings call 2022-08-02 | transcript 561caea4-c940-4218-9020-004ae9be2d27 | chars 16429-16602 | segment 16

G&A was up due to higher people-related costs, including increased travel and entertainment.

May 3, 2022 / receipt, needs a key / CFO, CFO | earnings call 2022-05-03 | transcript e9a2000f-b236-4ebd-839d-c28d908573cf | chars 14293-14385 | segment 14

So, Greg, from a G&A point of view, You know, obviously there are things like T&E, you know, that we're just not spending behind with the restrictions in travel.

Apr 29, 2021 / receipt, needs a key / Tracy (Trace), CFO | earnings call 2021-04-29 | transcript 6f71d5b9-76e5-4094-894b-7cba05146cbc | chars 27090-27251 | segment 27

The MG&A reduction was driven by cost mitigation actions taken, the shifting of certain marketing spend and reduced discretionary spending, limited new hiring and travel restrictions.

Jul 30, 2020 / receipt, needs a key / Tracey, CFO | earnings call 2020-07-30 | transcript 1c1f9f59-ed09-4e4d-ab99-62861e746063 | chars 17077-17260 | segment 17

included various efforts designed to improve capabilities, and drive efficiencies, cost savings and our sustainability initiatives

ir_statement / Sep 15, 2026 / receipt

$450M TARGETED OVER 3 YEARS*

ir_statement / Sep 15, 2026 / receipt

Invest in automation and technology to drive cost savings

ir_statement / Sep 15, 2026 / receipt

Optimize organizational structure to streamline and put resources closer to the consumer; structure in place 1/1/2026

ir_statement / Sep 15, 2026 / receipt

UK and Central & Eastern Europe (CEE) business transformation to drive margin expansion

ir_statement / Sep 15, 2026 / receipt

Adds 80 legacy sales team members

ir_statement / Sep 15, 2026 / receipt

Expanding Our U.S. Beyond Beer Portfolio With Atomic Brands Acquisition

ir_statement / Sep 15, 2026 / receipt

Monaco currently has majority of sales in five states allowing runway for expansion into new geographies and channels

ir_statement / Sep 15, 2026 / receipt

UNDERLYING DILUTED EARNINGS PER SHARE GROWTH -11% to -15% Decline

ir_statement / Sep 15, 2026 / receipt

UNDERLYING INCOME BEFORE INCOME TAXES GROWTH, CONSTANT CURRENCY -15% to -18% Decline

ir_statement / Sep 15, 2026 / receipt

We expect to achieve the listed targets for full year 2026 despite the inherent uncertainties that exist with inflationary commodity cost pressures and a softer beer industry.

ir_statement / Sep 15, 2026 / receipt

We expect improvements in EMEA & APAC top and bottom-line performance in H2, driven by the commercial and cost savings actions we’re taking.

ir_statement / Sep 15, 2026 / receipt