Explanation of Responses:
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(
1)
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In August 2016, the Class A and Class B common stock of Brown-Forman Corporation split 2-1, resulting in the reporting person's acquisition of 237,088 additional shares.
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(
2)
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Reflects the acquisition of 205,527 additional shares in the August 2016 stock split.
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(
3)
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Reflects the acquisition of 3,646 additional shares in the August 2016 stock split.
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(
4)
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Reflects the acquisition of 5,358 additional shares in the August 2016 stock split.
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(
5)
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Reflects the acquisition of 4,740 additional shares in the August 2016 stock split.
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(
6)
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Reflects the acquisition of 8,554 additional shares in the August 2016 stock split.
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(
7)
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On December 22, 2016, Guilford-Brown LP transferred 115,020 Class A shares to the OB3 GST Exempt Trust as a redemption of the trust's interest in the partnership.
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(
8)
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Reflects the acquisition of 740,610 additional shares in the August 2016 stock split.
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(
9)
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On December 22, 2016, Guilford-Brown LP transferred 643,090 Class A shares to a limited partner as a partial redemption of a limited partner's interest.
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(
10)
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Reflects the acquisition of 30,472 additional shares in the August 2016 stock split.
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(
11)
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Reflects the acquisition of 27,381 additional shares in the August 2016 stock split.
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(
12)
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Reflects the acquisition of 22,897 additional shares in the August 2016 stock split.
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(
13)
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Reflects the acquisition of 126,948 additional shares in the August 2016 stock split.
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(
14)
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Reflects the acquisition of 9,813 additional shares in the August 2016 stock split.
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(
15)
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Reflects the acquisition of 4,225 additional shares in the August 2016 stock split.
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(
16)
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Reflects the acquisition of 41,748 additional shares in the August 2016 stock split.
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(
17)
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Reflects the acquisition of 17,250 additional shares in the August 2016 stock split.
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(
18)
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Reflects the acquisition of 946 additional shares in the August 2016 stock split.
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(
19)
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Reflects the acquisition of 2,290 additional shares in the August 2016 stock split.
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(
20)
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Reflects the acquisition of 45,671 additional shares in the August 2016 stock split.
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(
21)
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Reflects the acquisition of 20,805 additional shares in the August 2016 stock split.
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(
22)
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Reflects the acquisition of 31,492 additional shares in the August 2016 stock split.
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(
23)
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Reflects the acquisition of 11,749 additional shares in the August 2016 stock split.
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(
24)
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Formerly known as CLB Trust fbo Charles Barzun.
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(
25)
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Reflects the acquisition of 19,730 additional shares in the August 2016 stock split.
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(
26)
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Reflects the acquisition of 10,795 additional shares in the August 2016 stock split.
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(
27)
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Formerly known as CLB Trust fbo Eleanor Barzun.
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(
28)
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Reflects the acquisition of 15,916 additional shares in the August 2016 stock split.
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(
29)
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Formerly known as CLB Trust fbo Jacques Barzun.
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