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Diageo announces settlement of disputes

16th Jan 2024 15:00

RNS Number : 8605Z
Diageo PLC
16 January 2024

Diageo plc

LEI: 213800ZVIELEA55JMJ32

16 January 2024

Diageo announces settlement of disputes with Sean Combs and sole ownership of DeLeón tequila

Diageo announces that Sean Combs and Diageo have now agreed to resolve all disputes between them. Mr. Combs has withdrawn all of his allegations about Diageo and will voluntarily dismiss his lawsuits against Diageo with prejudice. Diageo and Mr. Combs have no ongoing business relationship, either with respect to Cîroc vodka or DeLeón tequila, which Diageo now solely owns.

ENDS

For further information please contact:

Media Relations:

Rebecca Perry

+44 (0) 7590 809 101

Kristen Crofoot

+1 (917) 445 2835

[email protected]

About Diageo

Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, J?B and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

Diageo is a global company, and our products are sold in nearly 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO). For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com for information, initiatives, and ways to share best practice.

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