CONSTELLATION BRANDS, INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K)

Item 5.02        Departure of Directors or Certain Officers; Election of Directors; Appointment
                 of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 19, 2021, the Human Resources Committee (the "Committee") of the Board of Directors of Constellation Brands, Inc. ("Constellation" or the "Company"), approved changes to the compensation arrangements for Garth Hankinson, the Company's Chief Financial Officer. In recognition of his individual performance achievements, overall responsibilities, and functional experience, the Committee approved an increase to his annual base salary from $603,750 to $715,000. This adjustment is effective as of March 1, 2021.

Item 7.01   Regulation FD.

On February 23, 2021, the Company issued a news release, a copy of which release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference, announcing certain changes in the Company's senior management personnel.

References to Constellation's website and/or other social media sites or platforms in the release do not incorporate by reference the information on such websites, social media sites or platforms into this Current Report on Form 8-K, and Constellation disclaims any such incorporation by reference. The information in the news release attached as Exhibit 99.1 is incorporated by reference into this Item 7.01 in satisfaction of the public disclosure requirements of Regulation FD. This information is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not otherwise subject to the liabilities of that section. Such information may be incorporated by reference in another filing under the Securities Exchange Act of 1934 or the Securities Act of 1933 only if and to the extent such subsequent filing specifically references the information incorporated by reference herein.

Item 8.01   Other Events.

On February 23, 2021, the Company issued a news release announcing that, effective March 1, 2021, Jim Sabia will assume the newly created role of Executive Vice President and Managing Director, Beer Division, and Mallika Monteiro will assume expanded responsibilities as Executive Vice President, Chief Growth, Strategy, and Digital Officer.

Item 9.01   Financial Statements and Exhibits.

For the exhibits that are furnished or filed herewith, see the Index to Exhibits immediately following.

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