Southern Glazer’s Wine & Spirits Announces Monumental $125 Million Contribution to the Step Up For Students Scholarship Program

Southern Glazer’s Commitment to fund more than 20,000 Scholarships
for the 2016-17 School Year

MIAMI–(BUSINESS WIRE)–#csr–Step Up For Students and Southern Glazer’s Wine & Spirits (Southern
Glazer’s), the nation’s leading wine and spirits distributor, announced
today that Southern Glazer’s has committed $125 million to the Step Up
For Students Scholarship Program for the 2016-17 school year.

Southern Glazer’s contribution—the largest in the Florida Tax Credit
Scholarship Program’s 15-year history—will fund more than 20,000
scholarships in the 2016-17 school year. This is Southern Glazer’s
seventh consecutive year of participating in the Step Up For Students
Scholarship Program, bringing the company’s total to a record-breaking
$315 million since 2010.

“Southern Glazer’s is committed to being a leader in our community, and
as such, it gives us great pride knowing that we are providing
scholarships for thousands of deserving children for the next school
year,” said Southern Glazer’s CEO, Wayne E. Chaplin. “We are thrilled
that our contribution will offer parents more educational options and
the opportunity to send their children to a school that best meets their
learning needs.”

Step Up For Students helps administer the Florida Tax Credit Scholarship
Program, which provides scholarships to qualified lower-income K-12
schoolchildren throughout Florida. Scholarships are funded by
corporations that receive a dollar-for-dollar tax credit for their
contributions. The program allows recipients to choose between a
scholarship to help with private school tuition and fees, or a
transportation scholarship to attend an out-of-district public school.

During the 2016-17 school year, Step Up For Students expects to serve
more than 91,000 students throughout Florida.

“Southern Glazer’s is an amazing partner and champion of the school
choice movement. Their extreme generosity will touch the lives of more
than 20,000 children this year alone, and their families across the
state of Florida,” said Doug Tuthill, Step Up For Students president.
“When I think of the impact this donation has, and the lives that will
be changed because of it, I am truly humbled. On behalf of Step Up and
the families we serve, we deeply appreciate Southern Glazer’s unwavering
support.”

About Southern Glazer’s Wine & Spirits

Southern Glazer’s Wine & Spirits is North America’s largest wine and
spirits distributor, and the preeminent data insights company for
alcoholic beverages. The Company has operations in 44 U.S. states and
the District of Columbia, Canada, and the Caribbean and employs more
than 20,000 team members. Southern Glazer’s urges all retail customers
and adult consumers to market, sell, serve, and enjoy its products
responsibly. For more information visit www.SouthernGlazers.com.

About Step Up For Students

Step Up For Students is a nonprofit organization that helps manage the
income-based Florida Tax Credit Scholarship Program. Students who
qualify for free- or reduced-price lunch program, or those who are
homeless or in foster or out-of-home care, may qualify. It provides
tuition assistance to the private school of their parents’ choice or
transportation help to an out-of-district public school. Since 2001,
Step Up has awarded nearly 480,000 scholarships.

During the 2015-16 school year, Step Up For Students served more than
78,000 students throughout Florida, with tuition scholarships valued up
to $5,667 per student. More than 1,600 private schools participate in
the scholarship program statewide.

Step Up also helps administer the state-funded Gardiner Scholarship,
formerly known as Personal Learning Scholarship Accounts (PLSA), for
Florida students with certain special needs. With the Gardiner
Scholarship, recipients may use the funds for a variety of approved
services including private tutoring, occupational therapy, instructional
materials and other services.

For more information, visit: http://www.StepUpForStudents.org.

Contacts

Step Up For Students
Paul Soost, 727-451-9828
psoost@sufs.org
or
Southern
Glazer’s Wine and Spirits, LLC
Lee Brian Schrager, Office:
305-625-4171, ext. 1040, Mobile: 786-417-5164
Senior Vice
President, Communications and Corporate Social Responsibility
leeschrager@sgws.com
or
Cindy
Haas, Office: 305-625-4171, ext. 1166, Mobile: 786-498-7640
Senior
Director, Public Relations
cynthia.haas@sgws.com