The Boston Beer Company, Inc. announced that Michael M. Lynton notified the Board of Directors that he will not stand for re-election as a Director of the Company at the end of his current term and will step down from the Board effective as of the conclusion of the Company's 2023 Annual Meeting of Stockholders. Mr. Lynton's decision not to stand for re-election was not due to any disagreements with the Company or the Board on any matter relating to the Company's operations, policies, or practices.