Item 8.01 Other Events.

On May 9, 2022, Constellation Brands, Inc. (the "Company") and Manufacturers and Traders Trust Company, as trustee, entered into Supplemental Indenture No. 29, Supplemental Indenture No. 30, and Supplemental Indenture No. 31 (collectively, the "Supplemental Indentures"), each dated as of May 9, 2022, which supplemented the Indenture, dated as of April 17, 2012 (the "Base Indenture" and together with the Supplemental Indentures and the other prior supplemental indentures thereto, the "Indenture"). Under the Indenture, the Company issued (i) $550.0 million aggregate principal amount of 3.60% Senior Notes due 2024 (the "2024 notes") for a public offering price of 99.941% of the principal amount of the 2024 notes; (ii) $600.0 million aggregate principal amount of 4.35% Senior Notes due 2027 (the "2027 notes") for a public offering price of 99.942% of the principal amount of the 2027 notes, and (iii) $700.0 million aggregate principal amount of 4.75% Senior Notes due 2032 (the "2032 notes" and, together with the 2024 notes and the 2027 notes, the "Notes") for a public offering price of 99.638% of the principal amount of the 2032 notes.

The Notes were registered under the Securities Act of 1933, as amended, pursuant to the Company's Registration Statement on Form S-3 (File No. 333-237773) filed with the Securities and Exchange Commission (the "SEC") on April 21, 2020 (the "Registration Statement").

The Company will pay interest on the Notes on May 9 and November 9 of each year, commencing on November 9, 2022. The 2024 notes will mature on May 9, 2024, the 2027 notes will mature on May 9, 2027, and the 2032 notes will mature on May 9, 2032, respectively. The Company may redeem the Notes, in whole or in part, at its option, under the terms provided in the Supplemental Indentures. The Indenture contains certain "Events of Default" (as defined in each Supplemental Indenture) customary for indentures of this type. If an Event of Default has occurred and is continuing, the Trustee or the holders of not less than 25% in aggregate principal amount of the Notes then outstanding may, and the Trustee at the request of the holders of not less than 25% in aggregate principal amount of the Notes then outstanding shall, declare all unpaid principal of, premium, if any, and accrued interest on all the Notes to be due and payable. Terms of the Indenture and the Notes are more fully described in the section entitled "Description of the Notes" of the Prospectus Supplement dated May 2, 2022, that was filed with the SEC on May 4, 2022, and the term sheets for each series of the Notes dated May 2, 2022, that were filed as a Free Writing Prospectus with the SEC on May 2, 2022.

The foregoing summary of each Supplemental Indenture does not purport to be complete and is qualified in its entirety by reference to (i) (A) Supplemental Indenture No. 29 filed as Exhibit 4.1 hereto (and the form of 3.60% Senior Note due 2024, which is included in Exhibit 4.1 hereto), (B) Supplemental Indenture No. 30 filed as Exhibit 4.2 hereto (and the form of 4.35% Senior Note due 2027, which is included in Exhibit 4.2 hereto), and (C) Supplemental Indenture No. 31 filed as Exhibit 4.3 hereto (and the form of 4.75% Senior Note due 2032, which is included in Exhibit 4.3 hereto), each of which is incorporated by reference into this Item 8.01, and (ii) the Base Indenture, which was filed as Exhibit 4.1 to the Company's Current Report on Form 8-K filed with the SEC on April 23, 2012.

Item 9.01 Financial Statements and Exhibits.

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

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