Bouchaine: A California Winery Producing a Variety of Wines Tiburon Research February 21, 2019

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

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

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

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

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

Bouchaine is Not a Frequent Acquirer Acquisitions Comments -- Source: Tiburon Research & Analysis 7

Bouchaine Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 8

Bouchaine Has Employees Needs data Bouchaine Employees Source: Tiburon Research & Analysis 9

Bouchaine Has Planted Acres Needs data Bouchaine Planted Acres Source: Tiburon Research & Analysis 10

Bouchaine Produces Tons of Grapes Needs data Bouchaine Tons of Grapes Source: Tiburon Research & Analysis 11

Bouchaine Produces Gallons of Wine Needs data Bouchaine Gallons of Wine Source: Tiburon Research & Analysis 12

Bouchaine Produces Cases Needs data Bouchaine Cases Produced Source: Tiburon Research & Analysis 13

Bouchaine Generates Revenues Needs data Bouchaine Revenues ($ Millions) Source: Tiburon Research & Analysis 14

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

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

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

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

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

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

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

Bouchaine Assets ($ Millions) Bouchaine Has Assets Needs data Bouchaine Assets ($ Millions) Source: Tiburon Research & Analysis 22 22 22

Bouchaine Has Liabilities Needs data Bouchaine Liabilities ($ Millions) Source: Tiburon Research & Analysis 23 23 23

Bouchaine Has Shareholders’ Equity Needs data Bouchaine Shareholders Equity ($ Millions) Source: Tiburon Research & Analysis 24 24 24

Bouchaine Earns … Per Share Needs data Bouchaine Earnings Per Share Source: Tiburon Research & Analysis 25 25 25

Bouchaine Declares … Dividends Per Share Needs data Bouchaine Dividends Per Share Source: Tiburon Research & Analysis 26 26 26

Bouchaine Has a … Dividend Yield Needs data Bouchaine Dividend Yield Source: Tiburon Research & Analysis 27 27 27

Bouchaine’s Stock Price is … Needs data Bouchaine Stock Price Source: Tiburon Research & Analysis 28 28 28

Bouchaine Has … Shares Outstanding Needs data Bouchaine Shares Outstanding Source: Tiburon Research & Analysis 29 29 29

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

Bouchaine Ownership By Owner Bouchaine is Owned by …. Needs real data Bouchaine Ownership By Owner Source: Tiburon Research & Analysis 31 31 31

Bouchaine’s Stock Volume is…. Needs data Bouchaine 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