Fonseca Port Wine: A Winery Producing a Variety of Wines Tiburon Research December 23, 2018

Fonseca Port Wine Comments 2 Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 2

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

Fonseca Port Wine was Founded in XXXX Comments Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 4

Fonseca Port Wine is Not a Frequent Advertiser Comments -- Source: Tiburon Research & Analysis 5

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

Fonseca Port Wine Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 7

Fonseca Port Wine is Not a Frequent Acquirer Comments -- Source: Tiburon Research & Analysis 8

Fonseca Port Wine Has Employees Source: Tiburon Research & Analysis 9

Fonseca Port Wine Has Planted Acres Source: Tiburon Research & Analysis 10

Fonseca Port Wine Produces Tons of Grapes Source: Tiburon Research & Analysis 11

Fonseca Port Wine Produces Gallons of Wine Source: Tiburon Research & Analysis 12

Fonseca Port Wine Produces Cases Cases Produced Source: Tiburon Research & Analysis 13

Fonseca Port Wine Generates Revenues ($ Millions) Source: Tiburon Research & Analysis 14

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

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

Fonseca Port Wine’s First Varietal is ___ Comments -- Source: Tiburon Research & Analysis 17

Fonseca Port Wine’s Second Varietal is ___ Comments -- Source: Tiburon Research & Analysis 18

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

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

Fonseca Port Wine is Privately Owned Comments -- Source: Tiburon Research & Analysis 21

Fonseca Port Wine Has Assets ($ Millions) Source: Tiburon Research & Analysis 22 22 22

Fonseca Port Wine Has Liabilities ($ Millions) Source: Tiburon Research & Analysis 23 23 23

Fonseca Port Wine Has Shareholders’ Equity ($ Millions) Source: Tiburon Research & Analysis 24 24 24

Fonseca Port Wine Earns … Per Share Earnings Per Share Source: Tiburon Research & Analysis 25 25 25

Fonseca Port Wine Declares … Dividends Per Share Source: Tiburon Research & Analysis 26 26 26

Fonseca Port Wine Has a … Dividend Yield Source: Tiburon Research & Analysis 27 27 27

Fonseca Port Wine’s Stock Price is … Source: Tiburon Research & Analysis 28 28 28

Fonseca Port Wine Has … Shares Outstanding Source: Tiburon Research & Analysis 29 29 29

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

Fonseca Port Wine is Owned by …. Ownership By Owner Source: Tiburon Research & Analysis 31 31 31

Fonseca Port Wine’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