Investor Information

Spin-off From Post Holdings And Merger: Tax-related Information

On March 10, 2022, Post Holdings, Inc. (“Post”) completed the spin-off of 80.1% of Post’s interest in the BellRing Brands business through a distribution of common stock of BellRing Brands, Inc. (formerly known as BellRing Distribution, LLC) (“New BellRing”) to Post Holdings’ shareholders (the “Distribution”). In the Distribution, each holder of Post Holdings common stock received 1.267788 shares of New BellRing common stock for every share of Post common stock held as of the record date of February 25, 2022.

At the time of the Distribution, BellRing Brands, Inc. was renamed BellRing Intermediate Holdings, Inc. (“Old BellRing”). Upon completion of the distribution, Old BellRing merged with and into a subsidiary of New BellRing (the “Merger”) and each outstanding share of Old BellRing Class A common stock was converted into one share of New BellRing common stock and $2.97 in cash. New BellRing common stock trades on the New York Stock Exchange under the ticker symbol “BRBR”.

Below, you will find relevant tax-related information regarding the Merger. For relevant tax-related information regarding the Distribution, please visit the website of Post.

Form 8937 – Stock Cost Basis Allocation and Attachment

The information contained herein and in the document referenced above does not constitute tax advice. In addition, this document does not purport to be complete or to describe the tax consequences that may apply to particular categories of Old BellRing stockholders. Please consult your tax advisor to determine the Merger’s tax consequences to you under U.S. federal, state and local tax laws and non-U.S. tax laws.