Boutari: A Winery Producing a Variety of Wines Tiburon Research December 1, 2018

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

Boutari was Founded in XXXX and Has Subsequently Evolved through its Early, Middle, & Recent Phases Profile is just a shell (needs __) (need to source __) (incorporated __); recon with ICL Boutari History Boutari Founded Boutari Today Early Phase Middle Phase Recent Phase Approximate Dates: XXXX XXXX - XXXX XXXX - XXXX XXXX - 2019 2019 Key Steps: XXXX: Boutari founded XXXX: -- XXXX: -- XXXX: -- Source: Tiburon Research & Analysis 3

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

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

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

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

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

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

Boutari Has Planted Acres Source: Tiburon Research & Analysis 10

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Boutari’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