Corby Spirit And Wine Limited Class A · TSX:CSW.A
Corby Spirit And Wine Limited Class A — Q4 FY2026 Earnings Presentation
20 slides from Corby Spirit And Wine Limited Class A's earnings presentation, Aug 27, 2026
Slide 1: Earnings Call
Ea rn in gs C al l For the three-months and year-ended June 30, 2026 August 27, 2026 TSX: CSW.A and CSW.B
Slide 2: Summary
SUMMARY S E C T I O N 1 | Growth Strategy S E C T I O N 2 | Q4 and Full-Year FY26 Financial Results S E C T I O N 3 | Why Invest in Corby
Slide 3: Today's Speakers
T O D AY ’ S S P E A K E R S FLORENCE TRESARRIEU President & CEO JUAN ALONSO Vice-President & CFO
Slide 4: Forward-looking statements
Today’s presentation contains forward-looking statements, including statements concerning possible or assumed future results of operations of Corby Spirit and Wine Limited. Forward-looking statements typically are preceded by, followed by or include the words “believes”, “expects”, “anticipates”,
Slide 5: Record full-year revenue in FY26
Record full-year revenue in FY26 (+10% reported / +11% organic1) • Strong sales execution across RTDs and spirits drove share gains portfolio-wide, supported by the de-shelving of US-origin products. • Earnings outpaced revenue growth, as disciplined investment in key brands offset RTD-skewed mix an
Slide 6: Growth Strategy
SECTION 1 GROWTH STRATEGY CORBY
Slide 7: Sustained by strong innovation and market expansion
Sustained by strong innovation and market expansion Corby outperforming the RTD category nationally with strong innovation performance and expanded distribution driving outstanding +18% volume growth vs. category growth of +7%.3 #1 RTD in Ontario1 with strong capitalization on Ontario RTM modernizat
Slide 8: Continue to gain share in spirits
Continue to gain share in spirits • Leveraging best-in-class brand activation and excellence in commercial execution • Building on impactful innovative launches to deliver roughly one-third of our annual revenue growth • Continuously improve efficiency and effectiveness in each $ invested in adverti
Slide 9: Q4 and Full-Year FY26 Financial Results
SECTION 2 Q4 AND FULL-YEAR FY26 F I N A N C I A L R E S U LT S
Slide 10: Q4 FY26 Results
Q4 FY26 RESULTS CORBY
Slide 11: Reported Organic 1 Flat
Reported -1% Organic1 Flat Reported +4% Adjusted1 +3% Reported +4% Adjusted1 -1% 11 11 Three-month period ended June 30, 2026 vs. Last Year / 1. See “Non-IFRS Financial Measures” in Corby’s Q4 FY26 MD&A
Slide 12: Q4 Domestic Case Goods, Commissions and Export
• Unfavorable LCBO order phasing (orders pulled forward to Q3 ahead of Domestic Reported ERP system upgrade) Case Goods -3% • Offset by RTD growth from LCBO price $57.7 million Organic1 changes and RTM modernization, and -2% (81% of NS) Spirits market share gains from reduced US-origin competition N
Slide 13: Full-Year FY26 Results
FULL-YEAR FY26 RESULTS CORBY
Slide 14: Full-year FY26 financial results
Full-Year Full-Year % % $ mCAD FY25 FY26 change Organic Revenue 246.8 271.6 +10% +11% $1.23 +15% Total operating expenses2 (200.6) (218.0) +9% Earnings from Operations 46.1 53.7 +16% ADJUSTED EPS1 Adj. Earnings from Operations1 47.8 53.7 +12% Adj. EBITDA1 64.0 67.5 +5% $1.17 Net financial expenses (
Slide 15: Full-year Domestic Case Goods, Commissions and Export
• RTD business expansion accelerated Domestic Reported across key provinces, reinforce category Case Goods +12% leadership $220.7 million Organic1 • Spirits market share gains benefitting +13% (81% of NS) from U.S. product delistings Net • Wines portfolio lapping a strong prior- Commissions Reported
Slide 16: Net Debt / Adjusted EBITDA 1.3x and cash flow
YTD YTD $ $ mCAD FY25 FY26 Change Net cash / (debt), beginning of period (105.8) (91.0) +14.8 72% 80% Net earnings adjusted for non-cash items 62.4 67.5 +5.1 Net change in non-cash working capital balances (5.7) (12.4) (6.7) Dividend payout Dividend payout Net payments for interest and income taxes
Slide 17: FY27 priorities remain unchanged
Corby’s FY27 priorities remain unchanged: drive profitable growth, preserve financial strength, and support a sustainable dividend Corby remains confident in its strategy and its ability to deliver earnings growth in FY27, despite a more challenging comparison base following the strong performance a
Slide 18: Why Invest in Corby
SECTION 3 WHY, INVEST IN»COR BY CORBY
Slide 19: Why invest in Corby
Largest publicly-listed, multi-beverage alcohol company in Canada with the most 1 comprehensive & diverse portfolio in the industry Close partnership with Pernod Ricard, a global industry leader, bringing strategic advantages, 2 best practices, and operational and financial support to Corby Clear st
Slide 20: Thank You
T H A N K YO U Questions or looking for more information? Please reach out to investors.corby@pernod-ricard.com FOLLOW US TSX: CSW.A and CSW.B
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