Sawaya Segalas & Co., LLC Preliminary Introductory Materials February 2011 Sawaya Segalas & Co., LLC Preliminary Introductory Materials IRI InfoScan (MULO+C data ending Oct 04, 2015)

Bottled Water Category Retail Dollar Sales ($MM) & % Chg YA Strictly Confidential Bottled Water Category Retail Dollar Sales ($MM) & % Chg YA Total Bottled Water Unsweetened Sparkling Water (includes Flavored & Unflavored) Premium Bottled Water (includes Still & Sparkling) 11.5% Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015

Bottled Water Category Retail Unit* Sales (MM) & % Chg YA Strictly Confidential Bottled Water Category Retail Unit* Sales (MM) & % Chg YA Total Bottled Water Unsweetened Sparkling Water (includes Flavored & Unflavored) Premium Bottled Water (includes Still & Sparkling) 9.6% Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015 *Units = Actual packages scanned

*Units = Actual packages scanned Strictly Confidential Voss v. Premium Peers Dollar & Unit* Sales % Chg YA % Dollar Growth Latest 52 Week Premium Bottled Cat % Unit Growth 45.4% 14.8% 17.1% 8.6% 13.8% 6.2% 4.8% (6.2%) (5.8%) (1.7%) Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015 *Units = Actual packages scanned

*Units = Actual packages scanned Strictly Confidential Voss v. Premium Peers Dollar & Unit* Sales % Chg YA % Dollar Growth Latest 12 Week Premium Bottled Cat % Unit Growth 44.4% 15.2% 19.0% 14.5% 12.8% 17.4% 5.9% 5.1% 7.6% (36.2%) Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015 *Units = Actual packages scanned

Voss Dollar Sales ($MM) Trends Strictly Confidential Voss Dollar Sales ($MM) Trends Dollar Sales – Moving Annual Total by Month Source: IRI Infoscan, Total US MULO+C, Data Ending Oct 04, 2015

Voss Unit* Sales (MM) Trends Strictly Confidential Voss Unit* Sales (MM) Trends Unit Sales - Moving Annual Total by Month Source: IRI Infoscan, Total US MULO+C, Data Ending Oct 04, 2015 *Units = Actual packages scanned

Voss Dollars & % Chg YA by Region (L-12 & L-52, MULO+C) Strictly Confidential Voss Dollars & % Chg YA by Region (L-12 & L-52, MULO+C) Latest 12 Weeks Latest 52 Weeks Dollar Sales Dollar Sales % Chg YA Values are in Millions Source: IRI Infoscan, Data Ending Oct 04, 2015

Voss ACV Weighted Distribution (%) by Region (L-4, MULO+C) Strictly Confidential Voss ACV Weighted Distribution (%) by Region (L-4, MULO+C) Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015

Voss PDI & Dollar Share by Region (L-4, MULO+C) Strictly Confidential Voss PDI & Dollar Share by Region (L-4, MULO+C) West Plains Great Lakes Northeast TTL Premium: 116.8 Unsweetened Sparkling: 92.5 TTL Voss: 137.2 Voss Share of Premium: 2.2% TTL Premium: 72.9 Unsweetened Sparkling: 117.6 TTL Voss: 62.1 Voss Share of Premium: 1.6% TTL Premium: 75.3 Unsweetened Sparkling: 90.8 TTL Voss: 77.2 Voss Share of Premium: 2.1% TTL Premium: 84.0 Unsweetened Sparkling: 131.7 TTL Voss: 98.9 Voss Share of Premium: 2.2% California South Central Southeast Mid South TTL Premium: 83.6 Unsweetened Sparkling: 69.3 TTL Voss: 105.5 Voss Share of Premium: 2.3% TTL Premium: 143.5 Unsweetened Sparkling: 104.1 TTL Voss: 147.3 Voss Share of Premium: 2.0% TTL Premium: 106.3 Unsweetened Sparkling: 57.6 TTL Voss: 64.5 Voss Share of Premium: 1.1% TTL Premium: 118.3 Unsweetened Sparkling: 127.9 TTL Voss: 99.8 Voss Share of Premium: 1.7% PDI = (Volume Sales in a Geography / Population of the Geography) (Volume Sales in Total US / Total US Population) Source: IRI Infoscan, Data Ending Oct 04, 2015 Copyright © Information Resources, Inc., 2006. Confidential and proprietary

Premium Water v. Voss: Base Sales Diagnostics (L-52, MULO+C) Total PREMIUM Dollar Sales Base $ Sales Avg. Wkly Items Per Store Base Price Per Vol Avg Weekly ACV Wtd Distribution 52 Weeks: 12 Weeks: 4 Weeks: Strictly Confidential $2,392.6M 14.7% +$307.4M 15.9% +$304.6M $2,221.3M 23.5 +1.1 +$0.03 $1.14 99.5 +0.0 99.6 VOSS Total Dollar Sales $44.7M 53.8% +$15.6M 53.9% +$14.5M $41.4M 1.7 +0.1 $1.76 42.9 +7.1 44.9 +7.2 45.4 +7.0 Premium Water v. Voss: Base Sales Diagnostics (L-52, MULO+C) 11 Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Premium Water v. Voss: Incremental Sales Diagnostics (L-52, MULO+C) Strictly Confidential Premium Water v. Voss: Incremental Sales Diagnostics (L-52, MULO+C) Total PREMIUM Dollar Sales Total VOSS Dollar Sales $2,392.6M 14.7% +$307.4M $44.7M 53.8% +$15.6M Incr $ Sales Incr $ Sales $171.3M 1.7% +$2.8M $3.3M 52.1% +$1.1M Weeks of Support Lifts Weeks of Support Lifts 42 +1.6 158.9 +15.3 5 +0.9 108.3 +7.2 %Lift Chg YA Feat Only Disp Only Feat & Disp TPR Only %Lift Chg YA Feat Only Disp Only Feat & Disp TPR Only Promo Price Per Vol Promo Price Per Vol $0.93 +$0.03 $1.43 +$0.01 81.4 +7.9 124.1 +11.7 127.9 +3.8 229.9 +26.1 88.4 +22.7 106.5 +20.0 105.2 +7.4 136.9 +5.7 12 Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015

Voss Dollar Sales per Point of Distribution (L-12, MULO+C) Strictly Confidential Voss Dollar Sales per Point of Distribution (L-12, MULO+C) Dollar Sales per Point of Distribution* = Plastic/PET SKU = Glass SKU $86,329 $28,767 * Dollar Sales of Total Voss Still (or Sparkling) SKUs/ ACV Weighted Distribution of Total Voss Still (or Sparkling) SKUs Dollar values in thousands Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Voss Average Price per Unit (MULO+C) Strictly Confidential Voss Average Price per Unit (MULO+C) = Plastic/PET SKU Still Water SKUs Sparkling Water SKUs = Glass SKU L-52 L-24 L-12 L-4 Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Voss Commands a Highly Attractive Ultra-Premium Retail Price Point Strictly Confidential Voss Commands a Highly Attractive Ultra-Premium Retail Price Point L-52 Total U.S. Water Average Price per Volume (500ml) (1) = Voss Premium Index 195 176 171 171 163 157 149 144 (1) One unit of volume represents 16.907 Oz. Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Premium Bottled Water Category Strictly Confidential Premium Water Volume¹ Price Landscape (L-52, MULO+C) CHG vs YA Premium Bottled Water Category Voss Evian Perrier Fiji San Pellegrino San Benedetto Glaceau Smart Water Resource Icelandic Glacial Avg. Price/Vol $0.03 $0.02 -$0.02 $0.01 -$0.17 $0.04 Promo Price/Vol -$0.05 $0.00 -$0.19 $0.07 -$0.00 (1) One unit of volume represents 16.907 Oz. Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Premium Bottled Water Category Strictly Confidential Premium Water Volume¹ Price Landscape (L-12, MULO+C) CHG vs YA Premium Bottled Water Category Voss Evian Perrier Fiji San Pellegrino San Benedetto Glaceau Smart Water Resource Icelandic Glacial Avg. Price/Vol $0.04 -$0.04 -$0.01 $0.02 $0.00 -$0.21 $0.03 $0.10 Promo Price/Vol -$0.05 $0.01 -$0.03 -$0.20 -$0.00 $0.13 (1) One unit of volume represents 16.907 Oz. 17 Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Volume by Price Threshold: Premium Brands (L-52, MULO+C) Strictly Confidential Volume by Price Threshold: Premium Brands (L-52, MULO+C) $1.17/500ml or $8.85/128oz* *Mean price point among all Premium Brands listed Values are in Millions, Volume Equivalency = 500ml 18 Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015

APPENDIX: DATA DETAIL

Voss Retail Dollar Sales by SKU (MULO+C) Strictly Confidential Voss Retail Dollar Sales by SKU (MULO+C) Dollar Sales of Voss by SKU (% Growth vs. YAG Period) DOLLAR Still - Plastic Size Count UPC Code L -52 L -24 L -12 L -4 VOSS STILL - Plastic 330ml 1 8243040009 $298,103 20.9% $178,957 23.5% $53,474 -29.8% $15,649 -50.3% 500ml 8243040010 $20,263,920 42.2% $11,768,569 41.9% $5,877,165 40.5% $1,688,363 33.1% 850ml 8243040011 $11,732,171 76.1% $7,407,079 89.6% $3,642,648 78.6% $1,086,070 91.5% 12 8243020031 $148,359 -6.5% $6,849 -95.7% $3,288 -97.9% $602 -99.2% 24 8243020010 $4,816 733.0% $2,557 2113.2% $1,480 2207.6% $851 17524.3% VOSS STILL – Plastic 6 8243020025 $1,404,252 $792,429 67.0% $477,892 84.7% $191,274 139.8% Still - Glass VOSS STILL - Glass 375ml 8243061173 $871,081 42.8% $494,013 45.8% $261,663 54.8% $65,768 38.5% 4 8243020028 $460,339 30.4% $213,330 9.2% $104,773 5.1% $35,816 6.5% 8243018253 $430,296 0.0% $377,263 $154,203 $47,556 800ml 8243061174 $5,281,987 41.2% $2,917,235 40.1% $1,549,726 $489,862 44.9% 2 8243050018 $83,921 42.9% $30,787 196.4% $11,008 136.2% $3,109 128.8% 8243061130 $522,972 823854.7% $122,577 $12,916 $1 Voss Still Total   $41,502,293 $24,311,700 55.8% $12,150,247 50.9% $3,624,931 48.4% Sparkling VOSS SPARKLING - Glass 8243061175 $431,588 63.1% $268,982 83.2% $136,784 87.4% $35,033 57.1% 8243050005 $233,461 16.2% $108,588 5.3% $51,906 2.5% $16,723 -4.7% 8243061176 $2,504,170 42.3% $1,319,401 39.3% $669,987 37.0% $212,556 35.0% 8243050019 $57,442 38.9% $15,342 74.1% $6,055 55.4% $1,761 63.8% Voss Sparkling Total $3,226,661 42.5% $1,712,313 $864,733 40.6% $266,073 34.1% Total Voss $44,728,955 53.8% $26,024,012 $13,014,979 50.2% $3,891,004 47.3% Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Voss Retail Volume Sales by SKU (MULO+C) Strictly Confidential Voss Retail Volume Sales by SKU (MULO+C) Volume Sales of Voss by SKU (% Growth vs. YAG Period) VOLUME Still - Plastic Size Count UPC Code L -52 L -24 L -12 L -4 VOSS STILL - Plastic 330ml 1 8243040009 147,510 41.0% 91,845 48.9% 24,595 -24.3% 6,744 -50.2% 500ml 8243040010 12,013,861 38.6% 6,966,938 38.7% 3,484,939 38.2% 972,329 29.3% 850ml 8243040011 7,154,876 66.6% 4,446,090 77.1% 2,177,952 68.0% 656,412 82.6% 12 8243020031 134,732 7.0% 4,692 -96.3% 2,055 -98.4% 428 -99.3% 24 8243020010 10,212 9.6% 6,642 211.7% 4,683 283.5% 2,360 1836.3% VOSS STILL – Plastic 6 8243020025 921,950 92.2% 528,320 71.7% 324,111 93.8% 133,546 159.6% Still - Glass VOSS STILL - Glass 375ml 8243061173 305,292 39.2% 173,065 42.4% 92,871 54.2% 23,245 38.9% 4 8243020028 211,950 26.4% 97,873 4.4% 47,398 2.7% 16,675 12.9% 8243018253 272,647 0.0% 240,768 94,511 28,967 800ml 8243061174 2,992,082 44.5% 1,630,522 42.3% 857,895 46.0% 270,117 44.6% 2 8243050018 58,590 36.3% 22,024 272.9% 7,629 202.0% 2,052 180.9% 8243061130 434,446 116726.9% 125,341 29,400 19 Voss Still Total   24,658,234 52.4% 14,334,172 52.5% 7,148,047 47.6% 2,112,902 45.2% Sparkling VOSS SPARKLING - Glass 8243061175 151,854 53.7% 92,295 68.8% 46,623 69.6% 11,702 39.1% 8243050005 116,415 18.2% 52,634 2.6% 24,840 0.1% 8,161 2.0% 8243061176 1,403,025 44.8% 735,390 371,359 36.6% 116,319 32.6% 8243050019 36,758 23.8% 8,980 76.4% 3,612 72.3% 1,080 86.5% Voss Sparkling Total 1,708,053 42.9% 889,299 40.8% 446,433 37.1% 137,262 31.1% Total Voss 26,366,288 51.7% 15,223,471 51.8% 7,594,480 47.0% 2,250,165 44.3% One unit of volume represents 16.907l. oz. Values are in Millions, Volume Equivalency = 500ml Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015

Voss Glass SKUs v. Competitor SKUs (L-12, MULO+C) Strictly Confidential Voss Glass SKUs v. Competitor SKUs (L-12, MULO+C) L-12 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit* Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Glass Voss   330 ml 12 8243061130 $12,916 29,400 1,528 $0.44 $8.45 0.22 $168 375 ml 1 8243061173 $261,663 92,871 123,659 $2.82 $2.12 2.00 $50,893 4 8243020028 $104,773 47,398 15,774 $2.21 $6.64 2.15 $7,679 San Pellegrino 750 ml 0400356432 $250,778 367,764 20,480 $0.68 $12.25 0.06 $12,485 800 ml 2 8243050018 $11,008 7,629 2,388 $1.44 $4.61 0.28 $6,381 8243061174 $1,549,726 857,895 535,267 $1.81 $2.90 27.66 $36,089 Sparkling - Glass Perrier 200 ml 6 7478000001 $100,425 47,550 19,851 $2.11 $5.06 1.23 $15,759 *Can 250 ml 10 7478033356 $4,320,204 3,851,055 770,479 $1.12 $5.61 49.42 $18,075 7478037743 $3,758,628 3,265,523 653,332 $1.15 $5.75 35.99 $15,865 4150880007 $96,447 56,848 113,770 $1.70 $0.85 16.02 $39,788 4150880035 $2,573,196 1,569,884 523,503 $1.64 $4.92 38.21 $30,327 7478000020 $522,592 404,670 153,419 $1.29 $3.41 10.29 $8,908 7478000003 $1,079,636 519,711 788,135 $2.08 $1.37 7.03 $53,249 24 7478000410 $3,539,559 3,848,335 243,141 $0.92 $14.56 3.44 $3,974 7478000006 $1,768,116 1,356,311 514,207 $1.30 $3.44 22.17 $41,977 8243061175 $136,784 46,623 62,086 $2.93 $2.20 1.30 $31,726 8243050005 $51,906 24,840 8,266 $2.09 $6.28 1.53 $5,486 7478000007 $1,676,142 1,467,178 980,241 $1.14 $1.71 24.53 $40,372 7478000009 $2,346,079 2,047,298 1,367,826 $1.72 43.08 $59,261 7478000024 $571,154 432,833 164,096 $1.32 $3.48 11.39 $9,423 7478000005 $4,768,732 3,937,365 2,630,605 $1.21 50.06 $98,097 4150880012 $6,508,849 5,646,365 3,772,410 $1.73 51.29 $80,349 4150881183 $2,564,904 3,551,368 197,768 $0.72 $12.97 5.33 $32,058 15 4150863446 $201,116 259,536 11,563 $0.77 $17.39 0.90 $34,429 8243050019 $6,055 3,612 1,131 $1.68 $5.36 0.18 $5,219 8243061176 $669,987 371,359 231,702 $1.80 $2.89 21.50 $34,049 1000 ml 4150880000 $230,903 195,241 97,647 $1.18 $2.36 2.45 $28,220 Volume Equivalency = 500ml Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015 *Units = Actual packages scanned

Voss Glass SKUs v. Competitor SKUs (L-52, MULO+C) Strictly Confidential Voss Glass SKUs v. Competitor SKUs (L-52, MULO+C) L-52 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit* Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Glass Voss   330 ml 12 8243061130 $522,972 434,446 22,587 $1.20 $23.15 0.94 $6,483 375 ml 1 8243061173 $871,081 305,292 406,501 $2.85 $2.14 3.00 $110,063 4 8243020028 $460,339 211,950 70,536 $2.17 $6.53 2.72 $76,249 San Pellegrino 750 ml 0400356432 $1,669,508 2,385,872 132,864 $0.70 $12.57 0.13 $36,913 800 ml 2 8243050018 $83,921 58,590 18,343 $1.43 $4.58 0.92 $16,224 8243061174 $5,281,987 2,992,082 1,866,849 $1.77 $2.83 31.66 $87,824 Sparkling - Glass Perrier 200 ml 6 7478000001 $514,706 232,919 97,236 $2.21 $5.29 1.58 $75,160 *Can 250 ml 10 7478033356 $15,578,241 13,747,242 2,750,405 $1.13 $5.66 52.80 $67,188 7478037743 $13,680,308 11,742,095 2,349,236 $1.17 $5.82 38.72 $59,027 4150880007 $500,877 298,439 597,267 $1.68 $0.84 25.80 $82,199 4150880035 $10,736,915 6,614,848 2,205,828 $1.62 $4.87 42.31 $103,821 7478000020 $2,220,475 1,744,440 661,355 $1.27 $3.36 11.13 $36,786 7478000003 $3,960,311 1,929,532 2,926,109 $2.05 $1.35 8.79 $123,408 24 7478000410 $7,215,555 7,834,833 495,012 $0.92 $14.58 3.48 $7,085 7478000006 $7,264,328 5,557,767 2,107,069 $1.31 $3.45 27.11 $87,151 8243061175 $431,588 151,854 202,203 $2.84 $2.13 1.68 $62,134 8243050005 $233,461 116,415 38,742 $2.01 $6.03 2.21 $17,398 7478000007 $6,648,202 5,872,538 3,923,519 $1.69 25.41 $124,964 7478000009 $9,338,374 8,403,485 5,614,477 $1.11 $1.66 45.19 $178,943 7478000024 $2,588,056 1,997,027 757,116 $1.30 $3.42 14.41 $32,722 7478000005 $17,557,222 14,766,238 9,865,515 $1.19 $1.78 52.04 $298,153 4150880012 $27,653,400 24,533,756 16,391,321 53.78 $280,912 4150881183 $10,739,831 14,090,468 784,667 $0.76 $13.69 7.01 $69,580 15 4150863446 $1,268,107 1,563,805 69,670 $0.81 $18.20 1.98 $102,670 8243050019 $57,442 36,758 11,508 $1.56 $4.99 0.86 $10,653 8243061176 $2,504,170 1,403,025 875,389 $2.86 24.99 $61,822 1000 ml 4150880000 $989,229 829,840 415,033 $2.38 $91,025 Volume Equivalency = 500ml Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015 *Units = Actual packages scanned

Voss Plastic SKUs v. Competitor SKUs (L-12, MULO+C) Strictly Confidential Voss Plastic SKUs v. Competitor SKUs (L-12, MULO+C) L-12 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit* Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Plastic Evian 330 ml 6 7929800017 $692,586 554,958 139,623 $1.25 $4.96 8.10 $13,679 Fiji 1 3256500031 $238,807 143,671 217,625 $1.66 $1.10 3.25 $20,253 3256500062 $3,098,409 2,265,857 572,581 $1.37 $5.41 29.83 $25,338 Voss 8243040009 $53,474 24,595 37,298 $2.17 $1.43 0.55 $21,443 8243020025 $477,892 324,111 81,544 $1.47 $5.86 7.06 $27,492   12 8243020031 $3,288 2,055 259 $1.60 $12.68 0.07 $77 500 ml 7929800008 $2,657,289 1,810,951 1,812,130 20.72 $23,808 7929800019 $2,308,536 2,108,040 351,480 $6.57 27.76 $20,434 24 3256500004 $204,611 250,840 10,456 $0.82 $19.57 0.50 $31,287 3256500001 $18,264,970 11,810,002 11,817,690 $1.55 50.98 $57,604 3256500011 $1,251,451 1,478,875 61,644 $0.85 $20.30 2.43 $37,827 3256500009 $9,460,517 9,116,555 1,520,031 $1.04 $6.22 59.04 $40,476 8243040010 $5,877,165 3,484,939 3,487,208 $1.69 21.51 $52,509 8243020010 $1,480 4,683 195 $0.32 $7.58 0.05 $12,387 750 ml 7929840011 $680,654 651,217 435,086 $1.05 $1.56 7.31 $44,617 850 ml 8243040011 $3,642,648 2,177,952 1,283,126 $1.67 $2.84 18.73 $56,298 1000 ml 7929800007 $10,588,603 9,321,263 4,661,900 $1.14 $2.27 57.11 $69,752 7929860007 $6,224,973 7,990,366 666,129 $0.78 $9.34 46.65 $31,035 7929810000 $751,502 1,335,399 55,664 $0.56 $13.50 1.47 $14,879 7929820000 $87,843 89,811 7,487 $0.98 $11.73 0.47 $102,523 3256500002 $35,142,788 28,302,906 14,155,304 $1.24 $2.48 76.24 $100,869 3256500010 $3,926,026 4,082,718 340,362 $0.96 $11.53 32.19 $26,793 1500 ml 7929800005 $2,096,855 2,587,518 862,850 $0.81 $2.43 20.15 $49,082 3256500003 $8,265,723 9,343,624 3,115,782 $0.88 $2.65 52.87 $74,480 Sparkling - Plastic Perrier 7478000070 $9,588,689 6,273,774 6,277,858 $1.53 39.21 $45,907 7478091136 $4,277,130 5,374,531 896,112 $0.80 $4.77 46.78 $20,137 7478043996 $2,705,950 1,734,852 1,735,982 4.65 $34,368 7478044629 $1,416,347 889,300 889,879 $1.59 3.69 $29,478 7478000402 $1,833,133 2,523,304 105,180 $0.73 $17.43 3.45 $118,696 San Pellegrino 0071847455 $76,946 88,650 7,390 $0.87 $10.41 3.23 $49 4150880008 $1,919,307 1,203,252 1,204,035 10.82 $38,221 4150873445 $4,727,013 5,005,587 417,298 $0.94 $11.33 27.81 $35,935 4150873466 $1,579,732 2,022,443 84,302 $18.74 4.49 $41,093 7478063991 $2,084,860 2,302,995 1,151,811 $0.91 $1.81 31.18 $17,762 7478064318 $1,281,729 1,507,237 753,824 $1.70 24.02 $8,948 4150880218 $6,624,989 7,434,042 3,718,033 $0.89 $1.78 37.01 $93,787 *Units = Actual packages scanned Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015 Volume Equivalency = 500ml

Voss Plastic SKUs v. Competitor SKUs (L-52, MULO+C) Strictly Confidential Voss Plastic SKUs v. Competitor SKUs (L-52, MULO+C) L-52 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit* Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Plastic Evian 330 ml 6 7929800017 $2,517,340 1,723,251 433,557 $1.46 $5.81 9.68 $42,715 Fiji 1 3256500031 $889,581 542,547 821,822 $1.64 $1.08 7.97 $29,969 3256500062 $13,347,265 9,689,946 2,448,643 $1.38 $5.45 39.12 $83,663 Voss 8243040009 $298,103 147,510 223,697 $2.02 $1.33 0.80 $82,476 8243020025 $1,404,252 921,950 231,955 $1.52 $6.05 7.95 $50,639   12 8243020031 $148,359 134,732 16,999 $1.10 $8.73 0.93 $4,127 500 ml 7929800008 $9,561,038 6,445,308 6,449,504 $1.48 25.94 $57,712 7929800019 $8,551,562 7,987,816 1,331,833 $1.07 $6.42 30.54 $61,783 24 3256500004 $1,174,717 1,414,988 58,981 $0.83 $19.92 1.32 $55,513 3256500001 $64,021,651 41,655,980 41,683,100 $1.54 64.32 $173,323 3256500011 $3,444,452 3,944,188 164,407 $0.87 $20.95 2.86 $102,828 3256500009 $36,707,624 34,582,057 5,765,973 $1.06 $6.37 62.52 $153,570 8243040010 $20,263,920 12,013,861 12,021,683 $1.69 24.15 $157,401 8243020010 $4,816 10,212 426 $0.47 $11.31 0.07 $17,816 750 ml 7929840011 $1,746,009 1,863,138 1,244,787 $0.94 $1.40 7.78 $76,807 850 ml 8243040011 $11,732,171 7,154,876 4,215,247 $2.78 20.20 $143,768 1000 ml 7929800007 $42,261,090 37,598,763 18,804,498 $1.12 $2.25 62.64 $231,664 7929860007 $22,981,018 29,509,635 2,460,116 $0.78 $9.34 49.45 $116,601 7929810000 $2,033,418 3,607,032 150,353 $0.56 $13.52 2.01 $28,515 7929820000 $313,108 280,540 23,388 $13.39 0.77 $237,619 3256500002 $126,073,177 103,082,949 51,555,502 $1.22 $2.45 78.65 $333,484 3256500010 $16,019,985 17,001,000 1,417,314 $11.30 39.38 $92,386 1500 ml 7929800005 $8,810,004 10,639,581 3,547,940 $2.48 23.05 $125,911 3256500003 $30,520,700 35,627,054 11,880,416 $0.86 $2.57 57.27 $218,089 Sparkling - Plastic Perrier 7478000070 $33,192,399 21,679,760 21,693,874 $1.53 44.32 $136,524 7478091136 $14,988,454 18,014,716 3,003,649 $4.99 48.24 $70,735 7478043996 $9,912,596 6,451,720 6,455,920 5.36 $96,801 7478044629 $4,237,715 2,670,620 2,672,359 $1.59 4.21 $67,456 7478000402 $6,752,076 9,176,243 382,496 $0.74 $17.65 3.95 $161,017 San Pellegrino 0071847455 $308,191 353,686 29,486 $10.45 3.66 $175 4150880008 $6,689,927 4,267,785 4,270,564 $1.57 16.65 $96,442 4150873445 $18,198,367 19,400,323 1,617,338 $11.25 30.14 $129,630 4150873466 $6,767,376 8,503,897 354,470 $0.80 $19.09 5.23 $141,809 7478063991 $8,353,723 9,508,664 4,755,626 $0.88 $1.76 33.48 $67,776 7478064318 $5,623,317 6,708,706 3,355,266 $0.84 $1.68 26.58 $36,852 4150880218 $27,175,496 31,085,527 15,546,994 $1.75 38.44 $286,293 *Units = Actual packages scanned Source: IRI Infoscan, Total US MULO+C Data Ending Oct 04, 2015 Volume Equivalency = 500ml

Voss Competitor Summary (L-52, MULO+C) Strictly Confidential Voss Competitor Summary (L-52, MULO+C) Dollar Sales of Voss Competitors (% Growth vs. Year Ago Period) L-52 L-24 L-12 L-4 Glaceau Smart Water $759,597,998 19.4% $424,026,673 17.6% $216,605,985 18.8% $64,810,213 19.1% Fiji $293,606,329 16.6% $154,016,559 12.5% $80,331,838 16.1% $26,649,626 31.1% Perrier $197,437,161 13.1% $104,729,306 16.4% $54,005,897 21.2% $17,147,297 21.6% San Pellegrino $113,186,525 10.3% $55,390,674 8.9% $27,499,165 7.2% $8,554,793 3.9% Evian $99,512,121 5.1% $50,737,782 11.6% $26,257,126 25.2% $7,726,895 1.0% Voss $44,733,646 53.8% $26,028,027 54.8% $13,017,292 50.2% $3,891,045 47.3% Resource $18,915,546 2.5% $7,845,943 (28.6%) $3,724,298 (36.5%) $1,084,928 (45.3%) Essentia $14,124,325 133.8% $8,928,814 140.5% $4,876,493 136.4% $1,509,186 116.5% Aqua Hydrate $11,795,361 58.8% $7,085,797 46.1% $3,608,058 41.1% $1,140,418 53.7% Eternal $9,345,325 45.6% $5,050,192 47.1% $2,601,773 47.7% $825,425 38.0% Icelandic Glacial $5,020,372 5.3% $2,755,482 17.0% $1,325,626 $404,041 11.2% Acqua Panna $4,864,783 0.7% $2,414,531 $1,219,005 6.7% $395,800 8.1% Gerolsteiner $3,829,073 17.9% $1,903,579 22.4% $996,248 20.3% $313,283 10.7% Volvic $2,414,680 (2.8%) $1,153,467 (6.1%) $571,970 (7.2%) $167,176 (17.2%) Metromint $2,232,960 (27.5%) $1,131,651 (24.9%) $585,446 (18.2%) $184,727 (11.8%) Saratoga $1,648,454 10.8% $849,271 0.4% $452,626 (1.2%) $129,670 (3.0%) Penta $1,472,165 8.0% $723,287 9.7% $362,666 5.9% $112,062 (2.0%) Mountain Valley Spring Water $1,106,967 97.6% $722,898 99.6% $358,211 77.5% $104,051 72.3% Jana $722,068 2.7% $329,934 (12.7%) $154,877 (23.1%) $43,935 (27.9%) Appolinaris $201,031 (80.9%) $37,213 (92.3%) $12,484 (94.6%) $3,274 (95.0%) Kiwaii $144,328 (52.0%) $74,950 (40.9%) $31,883 (47.5%) $9,972 (35.6%) Ferrarelle $139,337 276.0% $72,284 215.6% $32,668 160.8% $9,485 53.3% Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015

Voss Competitor Summary (L-52, MULO+C) Strictly Confidential Voss Competitor Summary (L-52, MULO+C) Volume Sales of Voss Competitors (% Growth vs. Year Ago Period) L-52 L-24 L-12 L-4 Glaceau Smart Water 787,412,526 16.4% 436,055,986 14.6% 220,762,131 15.3% 66,354,774 17.0% Fiji 248,969,743 15.2% 128,260,069 9.8% 67,109,959 13.9% 22,461,083 27.5% Perrier 173,377,838 12.1% 91,069,749 16.5% 47,138,056 22.4% 14,769,106 20.8% San Pellegrino 114,352,757 9.6% 55,549,961 8.7% 27,539,204 7.0% 8,619,452 2.9% Evian 100,296,370 6.7% 51,190,924 16.9% 26,587,096 30.5% 8,004,117 8.8% Voss 26,368,577 51.7% 15,225,407 51.8% 7,595,587 47.0% 2,250,186 44.3% Resource 21,789,194 (2.4%) 9,469,113 (28.0%) 4,504,469 (35.4%) 1,306,542 (42.2%) Essentia 16,690,125 113.8% 10,272,012 112.5% 5,565,570 109.4% 1,734,351 98.5% Eternal 14,504,963 48.4% 8,060,465 54.1% 3,989,098 48.7% 1,218,017 33.8% Aqua Hydrate 11,125,468 56.7% 6,700,159 46.7% 3,384,166 40.3% 1,077,689 57.7% Acqua Panna 4,672,918 (0.6%) 2,301,932 5.4% 1,167,010 7.6% 382,830 10.3% Icelandic Glacial 4,651,166 3.8% 2,540,793 13.1% 1,201,962 1.6% 372,185 0.3% Gerolsteiner 3,596,004 11.8% 1,761,944 18.4% 914,739 279,215 2.4% Volvic 2,599,297 (2.6%) 1,246,158 (5.6%) 619,529 (1.9%) 175,984 (14.4%) Mountain Valley Spring Water 1,792,786 90.4% 1,171,671 92.5% 580,783 71.2% 168,432 66.0% Saratoga 1,742,096 4.1% 898,342 (4.7%) 475,685 (6.8%) 136,260 Metromint 1,528,662 (29.8%) 793,389 (27.7%) 425,015 (18.5%) 137,523 (5.7%) Penta 1,200,515 13.2% 596,654 14.7% 300,097 11.0% 88,101 (2.1%) Jana 1,037,531 472,896 (7.7%) 216,769 (20.8%) 61,046 (23.0%) Appolinaris 157,438 (82.4%) 26,711 (93.1%) 8,527 (95.4%) 2,209 (95.8%) Kiwaii 136,882 (59.5%) 73,239 (44.9%) 30,926 (50.1%) 9,641 (35.1%) Ferrarelle 122,101 292.4% 64,490 231.2% 28,248 151.4% 8,258 41.1% Values are in Millions, Volume Equivalency = 500ml Source: IRI Infoscan, Total US MULO+C , Data Ending Oct 04, 2015