Honig Vineyard: A California Winery Producing a Variety of Wines Tiburon Research April 2, 2019

Honig Vineyard Comments 2 Founded in 1981 Based in Rutherford CA, Owner: Elaine Honig Web site: www.honigwine.com Source: 10/5/12 Honig Vineyard Web Site; 12/9/11 Honig Vineyard & Winery Web Site; 4/29/07 Honig Vineyard & Winery Web Site; 5/9/03 Beringer Mailing; Tiburon Research & Analysis 2

Honig Vineyard History Honig Vineyard was Founded in 1981 and Has Subsequently Evolved through its Early, Middle, & Recent Phases Honig Vineyard History Honig Vineyard Founded Honig Vineyard Today Early Phase Middle Phase Recent Phase Approximate Dates: 1981 XXXX - XXXX XXXX - XXXX XXXX - 2019 2019 Key Steps: 1981: Honig Vineyard founded XXXX: -- XXXX: -- XXXX: -- Source: 10/5/12 Honig Vineyard Web Site; Tiburon Research & Analysis 3

Honig Vineyard was Founded in 1981 Comments Founded in 1981 Based in Rutherford, CA Owner: Elaine Honig Source: 10/5/12 Honig Vineyard Web Site; 12/9/11 Honig Vineyard & Winery Web Site; 4/29/07 Honig Vineyard & Winery Web Site; 5/9/03 Beringer Mailing; Tiburon Research & Analysis 4

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

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

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

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

Honig Vineyard Has Employees Needs data Honig Vineyard Employees Source: Tiburon Research & Analysis 9

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Honig Vineyard’s Stock Volume is…. Needs data Honig Vineyard 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