Molson Coors (UK) Pension Plan

Molson Coors (UK) Pension Plan

The Molson Coors (UK) Pension Plan was established to provide retirement benefits for employees of Molson Coors Beverage Company operations in the United Kingdom. Simon J. Cox, President and CEO of Molson Coors Europe, acts as a trustee along with Sarah Joubert, CFO of the parent company, and Philip Whitehead. The plan allocates across fixed income instruments, UK commercial real estate through pooled funds, and select public equities. Confirmed holdings include a $1.2 billion longevity swap insurance contract executed in June 2022 and positions in vehicles managed by Mondrian Investment Partners. Geographic exposure centers on the United Kingdom with additional equity interests in North American and international issuers. Assets total an estimated $1.8 billion. The plan retains Equiniti as pension administrator, PricewaterhouseCoopers as auditor, and Booth & Co as custodian. It maintains membership in the Pensions and Lifetime Savings Association. The plan functions as a corporate defined-benefit vehicle directly tied to Molson Coors Beverage Company sponsorship, with trustees drawn from company executive ranks rather than independent investment professionals.