E&J Gallo Winery: A California Winery Producing a Variety of Wines Tiburon Research March 14, 2019

E&J Gallo Winery Comments 2 Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 2

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

E&J Gallo Winery was Founded in XXXX Comments Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 4

E&J Gallo Winery is Not a Frequent Advertiser Advertising Comments -- Source: Tiburon Research & Analysis 5

E&J Gallo Winery Has a Web Site with XXXX Core Sections, Including __ -- -- -- -- - -- Source: Tiburon Research & Analysis 6

E&J Gallo Winery is Not a Frequent Acquirer Acquisitions Comments -- Source: Tiburon Research & Analysis 7

E&J Gallo Winery Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 8

E&J Gallo Winery Has Employees Needs data E&J Gallo Winery Employees Source: Tiburon Research & Analysis 9

E&J Gallo Winery Has Planted Acres Needs data E&J Gallo Winery Planted Acres Source: Tiburon Research & Analysis 10

E&J Gallo Winery Produces Tons of Grapes Needs data E&J Gallo Winery Tons of Grapes Source: Tiburon Research & Analysis 11

E&J Gallo Winery Produces Gallons of Wine Needs data E&J Gallo Winery Gallons of Wine Source: Tiburon Research & Analysis 12

E&J Gallo Winery Produces Cases Needs data E&J Gallo Winery Cases Produced Source: Tiburon Research & Analysis 13

E&J Gallo Winery Generates Revenues Needs data E&J Gallo Winery Revenues ($ Millions) Source: Tiburon Research & Analysis 14

E&J Gallo Winery Earns $___ Million Needs data E&J Gallo Winery Net Profits ($ Millions) Source: Tiburon Research & Analysis 15

E&J Gallo Winery Produces a Number of Varietals, Including… -- -- -- -- -- Source: Tiburon Research & Analysis 16

E&J Gallo Winery’s First Varietal is ___ Comments -- Source: Tiburon Research & Analysis 17

E&J Gallo Winery’s Second Varietal is ___ Comments -- Source: Tiburon Research & Analysis 18

E&J Gallo Winery is Led by its CEO… Organizational Chart -- -- -- -- -- -- Source: Tiburon Research & Analysis 19

E&J Gallo Winery Has a Board of Directors Led by its Chairman… -- -- -- -- -- -- -- -- -- -- Source: Tiburon Research & Analysis

E&J Gallo Winery is Privately Owned Comments -- Source: Tiburon Research & Analysis 21

E&J Gallo Winery Has Assets Needs data E&J Gallo Winery Assets ($ Millions) Source: Tiburon Research & Analysis 22 22 22

E&J Gallo Winery Has Liabilities Needs data E&J Gallo Winery Liabilities ($ Millions) Source: Tiburon Research & Analysis 23 23 23

E&J Gallo Winery Has Shareholders’ Equity Needs data E&J Gallo Winery Shareholders Equity ($ Millions) Source: Tiburon Research & Analysis 24 24 24

E&J Gallo Winery Earns … Per Share Needs data E&J Gallo Winery Earnings Per Share Source: Tiburon Research & Analysis 25 25 25

E&J Gallo Winery Declares … Dividends Per Share Needs data E&J Gallo Winery Dividends Per Share Source: Tiburon Research & Analysis 26 26 26

E&J Gallo Winery Has a … Dividend Yield Needs data E&J Gallo Winery Dividend Yield Source: Tiburon Research & Analysis 27 27 27

E&J Gallo Winery’s Stock Price is … Needs data E&J Gallo Winery Stock Price Source: Tiburon Research & Analysis 28 28 28

E&J Gallo Winery Has … Shares Outstanding Needs data E&J Gallo Winery Shares Outstanding Source: Tiburon Research & Analysis 29 29 29

E&J Gallo Winery’s Market Capitalization is … Needs data E&J Gallo Winery Market Capitalization ($ Millions) Source: Tiburon Research & Analysis 30 30 30

E&J Gallo Winery is Owned by …. Needs real data E&J Gallo Winery Ownership By Owner Source: Tiburon Research & Analysis 31 31 31

E&J Gallo Winery’s Stock Volume is…. Needs data E&J Gallo Winery Stock Volume 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