Boston Beer director to retire at 2026 meeting; $25M buyback plan starts March 30

BOSTON BEER CO INC

Michael Spillane will not stand for re-election and will retire from Board after the 2026 Annual Meeting.
Spillane's decision is not due to any disagreement with the Company on operations, policies, or practices.
Company entered a 10b5-1 plan to repurchase up to $25 million of Class A Common Stock.
Buyback period runs from March 30, 2026 to June 26, 2026.

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