CCO Michelle St. Jacques departs Molson Coors; severance includes $750K pay, $675K bonus

MOLSON COORS BEVERAGE CO

Michelle St. Jacques (Chief Commercial Officer) departed effective Nov 14, 2025.
Severance pay of $750,282 over 52 weeks, plus $675,254 target MCIP cash bonus at termination.
Prorated 2025 MCIP award based on actual company performance; individual component at target (100%).
Unvested 2023 RSUs/PSUs cancelled; cash payment of equivalent value; 2024/2025 equity prorates and vests.
Agreement includes customary non-disparagement, confidentiality, and release of claims against company.

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