Item 16. Form 10-K Summary

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Item 16. Form 10-K Summary

None.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


						BROWN-FORMAN CORPORATION (Registrant)
						/s/ Lawson E. Whiting
			By:			Lawson E. Whiting
						President and Chief Executive Officer

Date: June 12, 2026

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities on June 12, 2026, as indicated.


Signature						Title
/s/ Marshall B. Farrer						Director, Chair of the Board
Marshall B. Farrer

/s/ Lawson E. Whiting						Director, President and Chief Executive Officer of the Company
Lawson E. Whiting						(Principal Executive Officer)

/s/ Elizabeth M. Brown						Director
Elizabeth M. Brown

/s/ Mark A. Clouse						Director
Mark A. Clouse

/s/ Campbell P. Brown						Director
Campbell P. Brown

/s/ W. Austin Musselman, Jr.						Director
W. Austin Musselman, Jr.

/s/ Michael J. Roney						Director
Michael J. Roney

/s/ Jan E. Singer						Director
Jan E. Singer

/s/ Tracy L. Skeans						Director
Tracy L. Skeans


Signature						Title
/s/ Elizabeth A. Smith						Director
Elizabeth A. Smith

/s/ Michael A. Todman						Director
Michael A. Todman

/s/ James W. Peters						Executive Vice President and Chief Financial Officer
James W. Peters						(Principal Financial Officer)

/s/ Angela S. Enyard						Senior Vice President, Chief Accounting Officer and Treasurer
Angela S. Enyard						(Principal Accounting Officer)

Brown-Forman Corporation and Subsidiaries

Schedule II – Valuation and Qualifying Accounts

For the Years Ended April 30, 2024, 2025, and 2026

(Expressed in millions)


Col. A	Col. B		Col. C(1)		Col. C(2)		Col. D			Col. E
Description	Balance at Beginning of Period		Additions Charged to Costs and Expenses		Additions Charged to Other Accounts		Deductions			Balance at End of Period
2024
Allowance for doubtful accounts	$	7	$	1	$	—	$	—		$	8

Deferred tax valuation allowance	$	14	$	2	$	2	$	2		$	16
2025
Allowance for doubtful accounts	$	8	$	2	$	—	$	3	(1)	$	7
Deferred tax valuation allowance	$	16	$	7	$	14	$	2		$	35
2026
Allowance for doubtful accounts	$	7	$	1	$	—	$	2	(1)	$	6
Deferred tax valuation allowance	$	35	$	5	$	9	$	11		$	38

(1)Doubtful accounts written off, net of recoveries.

Previous: Item 15. Exhibits and Financial Statement Schedules