Mr. Juan Alonso reports

CORBY SPIRIT AND WINE LIMITED ANNOUNCES ELECTION OF DIRECTORS

All of the nominee directors listed in the management proxy circular dated Sept. 23, 2026, were elected as directors of Corby Spirit and Wine Ltd. The vote was conducted at the company's annual meeting of shareholders, which took place on Nov. 12, 2026, in Toronto. The results of the vote are set out in the attached table.

About Corby Spirit and Wine Ltd.

Corby is a leading Canadian manufacturer, marketer and distributor of spirits, imported wines and ready-to-drink beverages. Corby's portfolio of owned-brands includes some of the most renowned brands in Canada, including J.P. Wiser's, Lot 40 and Pike Creek Canadian whiskies, Polar Ice vodka, and McGuinness liqueurs, Ungava gin, Cabot Trail maple-based liqueurs, Chic Choc spiced rum, Cottage Springs and Nude ready-to-drink beverages, and Foreign Affair wines. Pernod Ricard S.A. indirectly owns in excess of 50 per cent of Corby's issued and outstanding voting common shares, and is considered to be Corby's ultimate parent. Through its affiliation with Pernod Ricard, a global leader in the spirits and champagne industry, Corby represents leading international brands such as Absolut vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Olmeca Altos and Codigo 1530 tequilas, Jefferson's and Rabbit Hole bourbons, Kahlua liqueur, and Mumm champagne. In addition, Corby represents Vinarchy North America Inc.'s Jacob's Creek, Wyndham Estate, Stoneleigh and Campo Viejo wines, and Canada Dry Mott's Inc.'s Mott's Clamato, Snapple, Tahiti Treat and Hires ready-to-drink brands. Corby is a publicly traded company based in Toronto, Ont., and is listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B.