Mr. Mark Hunter reports

MOLSON COORS ANNOUNCES LEADERSHIP APPOINTMENTS TO TAKE EFFECT UPON CLOSE OF MILLERCOORS ACQUISITION

Molson Coors Canada Inc.'s Molson Coors Brewing Company has made a number of new leadership appointments that will take effect upon the close of the MillerCoors acquisition, which is expected before the end of the year.

Kandy Anand, the current president and chief executive officer of Molson Coors International, will be appointed to the newly created role of chief growth officer for Molson Coors, responsible for leading the company's global commercial excellence strategy, including global brand development and corporate strategy.

Michelle Nettles, the current chief people officer for MillerCoors, will be appointed to the newly created role of chief people and diversity officer for Molson Coors, responsible for building a strong, diverse and efficient global team that supports the company's business objectives.

Stewart Glendinning, the current president and chief executive officer of Molson Coors Canada, will be appointed as the new president and chief executive officer of Molson Coors International and will be responsible for accelerating the growth of the company's expanded international business with the addition of the Miller brands globally.

Frederic Landtmeters, the current managing director of Molson Coors United Kingdom and Ireland, will be appointed as the new president and chief executive officer of Molson Coors Canada and will be responsible for continuing the transformation of that business in order to reignite growth.

The executive leadership team for Molson Coors upon close of the transaction will be as follows:

• Mark Hunter -- president and chief executive officer;
• Kandy Anand -- chief growth officer;
• Simon Cox -- president and chief executive officer, Europe;
• Brenda Davis -- chief integration officer;
• Stewart Glendinning -- president and chief executive officer, international;
• Gavin Hattersley -- president and chief executive officer, United States;
• Frederic Landtmeters -- president and chief executive officer, Canada;
• Michelle Nettles -- chief people and diversity officer;
• Mauricio Restrepo -- chief financial officer;
• Sam Walker -- chief legal and corporate affairs officer;
• Celso White -- chief supply chain officer.

Mark Hunter, president and chief executive officer of Molson Coors, stated: "As we prepare for our first day as a stronger, combined organization, with an ambition to be first choice for our consumers and customers, we have a unique opportunity to build our new leadership team in a way that leverages the deep bench of talent in both companies. Our growth as a business is underpinned by a relentless focus on leadership, diversity and talent development at all levels within Molson Coors, including the executive leadership team. I am confident that this team will successfully lead our transformation into a stronger, more effective competitor with enhanced commercial capabilities to drive top-line growth, as well as deliver value for our consumers, customers, partners and shareholders alike."

In addition to the new leadership appointments, the company announced that, effective Jan. 1, 2017, Molson Coors International's export and licence business in Europe will be transferred to Molson Coors Europe and that MillerCoors's business in Puerto Rico will be transferred to Molson Coors International.

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