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 517,105 additional shares.
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(
2)
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Reflects the acquisition of 2,375 additional shares in the August 2016 stock split.
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(
3)
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Reflects the acquisition of 5,358 additional shares in the August 2016 stock split.
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(
4)
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Reflects the acquisition of 126,881 additional shares in the August 2016 stock split.
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(
5)
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Reflects the acquisition of 3,783 additional shares in the August 2016 stock split.
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(
6)
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Reflects the acquisition of 2,742 additional shares in the August 2016 stock split.
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(
7)
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Reflects the acquisition of 115,886 additional shares in the August 2016 stock split.
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(
8)
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On December 22, 2016, a limited partnership 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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(
9)
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Reflects the acquisition of 30,472 additional shares in the August 2016 stock split.
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(
10)
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Reflects the acquisition of 52,591 additional shares in the August 2016 stock split. Also updated to reflect transfer of 4,016 shares from GRAT on October 10, 2016.
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(
11)
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Reflects the acquisition of 42,154 additional shares in the August 2016 stock split.
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(
12)
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Reflects the acquisition of 241,142 additional shares in the August 2016 stock split.
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(
13)
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Reflects the acquisition of 55,746 additional shares in the August 2016 stock split. Also updated to reflect transfer of 4,016 shares to direct holdings on October 10, 2016.
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(
14)
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Reflects the acquisition of 2,356 additional shares in the August 2016 stock split.
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(
15)
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Reflects the acquisition of 2,290 additional shares in the August 2016 stock split.
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(
16)
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Reflects the acquisition of 45,671 additional shares in the August 2016 stock split.
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(
17)
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Reflects the acquisition of 31,492 additional shares in the August 2016 stock split.
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(
18)
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Reflects the acquisition of 20,805 additional shares in the August 2016 stock split.
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(
19)
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Reflects the acquisition of 11,334 additional shares in the August 2016 stock split.
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(
20)
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Formerly known as CLB Trust fbo Cora Holland.
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(
21)
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Reflects the acquisition of 12,244 additional shares in the August 2016 stock split.
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(
22)
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Formerly known as CLB Trust fbo Lilla Holland.
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(
23)
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Reflects the acquisition of 21,728 additional shares in the August 2016 stock split.
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(
24)
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Formerly known as CLB Trust fbo Owsley Holland.
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(
25)
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Reflects the acquisition of 20,687 additional shares in the August 2016 stock split.
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(
26)
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Reflects the acquisition of 12,895 additional shares in the August 2016 stock split.
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(
27)
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Reflects the acquisition of 18 additional shares in the August 2016 stock split.
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(
28)
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Reflects the acquisition of 546 additional shares in the August 2016 stock split.
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