Item 2. PROPERTIES

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Item 2. PROPERTIES

As of February 18, 2026, our principal properties by segment and function, all of which are owned by us unless otherwise noted, consisted of:

FacilityLocationCharacter
Administrative Offices
Bucharest, Romania(1)Global business services center
Burton-on-Trent, U.K.EMEA&APAC segment operational headquarters
Chicago, Illinois(1)Americas segment operational headquarters
Golden, ColoradoCorporate principal executive office and Americas segment administrative office
Milwaukee, WisconsinAmericas segment administrative office
Montréal, Québec(1)Corporate principal executive office and Americas segment administrative office
Prague, Czech RepublicEMEA&APAC segment administrative office
Toronto, OntarioAmericas segment administrative office
Americas Segment
Brewery/packaging plantsAlbany, Georgia(2)Brewing and packaging
Chilliwack, British ColumbiaBrewing and packaging
Elkton, Virginia(2)Brewing and packaging
Fort Worth, Texas(2)Brewing and packaging
Golden, Colorado(2)Brewing and packaging
Longueuil, QuébecBrewing and packaging
Milwaukee, WisconsinBrewing and packaging
Toronto, OntarioBrewing and packaging
Trenton, Ohio(2)Brewing and packaging
Beer distributorshipDenver, ColoradoDistribution
Container operationsGolden, Colorado(3)Can and end manufacturing facilities
Wheat Ridge, Colorado(3)Bottling manufacturing facility
Malting operationsGolden, ColoradoMalting
EMEA&APAC Segment
Brewery/packaging plantsApatin, Serbia(4)Brewing and packaging
Bőcs, HungaryBrewing and packaging
Burton-on-Trent, U.K.(4)Brewing and packaging
Haskovo, BulgariaBrewing and packaging
Niksic, MontenegroBrewing and packaging
Ostrava, Czech RepublicBrewing and packaging
Ploiesti, Romania(4)Brewing and packaging
Prague, Czech Republic(4)Brewing and packaging
Tadcaster Brewery, Yorkshire, U.K.Brewing and packaging
Zagreb, Croatia(4)Brewing and packaging

(1)We lease office space for our Americas segment operational headquarters in Chicago, Illinois, our global business services center in Bucharest, Romania as well as our corporate principal executive office and Americas segment administrative office in Montréal, Québec.

(2)The Golden, Trenton, Elkton, Albany and Fort Worth breweries collectively accounted for approximately 79% of our Americas segment production for the year ended December 31, 2025.

(3)The Wheat Ridge and Golden, Colorado facilities are leased from us by RMBC and RMMC, respectively.

Table of Contents

(4)The Burton-on-Trent, Prague, Ploiesti, Apatin and Zagreb breweries collectively accounted for approximately 75% of our EMEA&APAC segment production for the year ended December 31, 2025.

In addition to the properties listed above, we have smaller capacity facilities in each of our segments. We own and lease various warehouses, distribution centers and office spaces throughout the Americas segment and EMEA&APAC segment countries in which we operate.

We believe our facilities are well maintained and suitable for their respective operations. During the year ended December 31, 2025, our operating facilities were not capacity constrained.

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