Barros: A Winery Producing a Variety of Wines Tiburon Research February 10, 2019

Barros Comments 2 Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 2

Barros was Founded in XXXX and Has Subsequently Evolved through its Early, Middle, & Recent Phases History Barros Founded Barros Today Early Phase Middle Phase Recent Phase Approximate Dates: XXXX XXXX - XXXX XXXX - XXXX XXXX - 2019 2019 Key Steps: XXXX: Barros founded XXXX: -- XXXX: -- XXXX: -- Source: Tiburon Research & Analysis 3

Barros was Founded in XXXX Comments Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 4

Barros is Not a Frequent Advertiser Comments -- Source: Tiburon Research & Analysis 5

Barros Has a Web Site with XXXX Core Sections, Including __ -- -- -- -- - -- Source: Tiburon Research & Analysis 6

Barros Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 7

Barros is Not a Frequent Acquirer Comments -- Source: Tiburon Research & Analysis 8

Barros Has Employees Barros Employees 9 Source: Tiburon Research & Analysis 9

Barros Has Planted Acres Source: Tiburon Research & Analysis 10

Barros Produces Tons of Grapes Source: Tiburon Research & Analysis 11

Barros Produces Gallons of Wine Source: Tiburon Research & Analysis 12

Barros Produces Cases Barros Cases Produced 13 Source: Tiburon Research & Analysis 13

Barros Generates Revenues ($ Millions) Source: Tiburon Research & Analysis 14

Barros Earns $___ Million Net Profits ($ Millions) Source: Tiburon Research & Analysis 15

Barros Produces a Number of Varietals, Including… -- -- -- -- -- Source: Tiburon Research & Analysis 16

Barros’s First Varietal is ___ Comments -- Source: Tiburon Research & Analysis 17

Barros’s Second Varietal is ___ Comments -- Source: Tiburon Research & Analysis 18

Barros is Led by its CEO… Organizational Chart -- -- -- -- -- -- Source: Tiburon Research & Analysis 19

Barros Has a Board of Directors Led by its Chairman… -- -- -- -- -- -- -- -- -- -- Source: Tiburon Research & Analysis

Barros is Privately Owned Comments -- Source: Tiburon Research & Analysis 21

Barros Assets ($ Millions) Barros Has Assets Barros Assets ($ Millions) Source: Tiburon Research & Analysis 22 22 22

Barros Has Liabilities ($ Millions) Source: Tiburon Research & Analysis 23 23 23

Barros Has Shareholders’ Equity ($ Millions) Source: Tiburon Research & Analysis 24 24 24

Barros Earns … Per Share Earnings Per Share Source: Tiburon Research & Analysis 25 25 25

Barros Declares … Dividends Per Share Source: Tiburon Research & Analysis 26 26 26

Barros Has a … Dividend Yield Source: Tiburon Research & Analysis 27 27 27

Barros’s Stock Price is … Source: Tiburon Research & Analysis 28 28 28

Barros Has … Shares Outstanding Source: Tiburon Research & Analysis 29 29 29

Barros’s Market Capitalization is … ($ Millions) Source: Tiburon Research & Analysis 30 30 30

Barros Ownership By Owner Barros is Owned by …. Barros Ownership By Owner Source: Tiburon Research & Analysis 31 31 31

Barros’s Stock Volume is…. Source: Tiburon Research & Analysis 32 32 32

Tiburon Strategic Advisors Comments Focus on corporate-level strategy Serve senior executives only at financial services companies Key services: market seminars, market research, & strategy consulting Served over 450 corporate clients and completed over 2,200 projects since 1998 Host semi-annual CEO Summits, offer free weekly research releases, and offer free business benchmarking tools for all types of advisors Chip Roame background McKinsey & Company Charles Schwab & Company Tiburon since 1998 Source: Tiburon Research & Analysis 33 33