De Loach Los Amigos: A California Winery Producing a Variety of Wines Tiburon Research July 10, 2019

De Loach Los Amigos Comments 2 Founded in 1975 Founded by Cecil & Christine De Loach Based in XXXX www.deloachvineyards.com Source: 3/6/19 Google Web Site; 4/14/07 De Loach Vineyards Web Site; 5/19/01 Ambrosia Catalog; Tiburon Research & Analysis 2

De Loach Los Amigos History De Loach Los Amigos was Founded in 1975 and Has Subsequently Evolved through its Early, Middle, & Recent Phases De Loach Los Amigos History De Loach Los Amigos Founded De Loach Los Amigos Today Early Phase Middle Phase Recent Phase Approximate Dates: 1975 1975 - 2000 2001 – 2010 2011 - 2019 2019 Key Steps: 1975: De Loach Los Amigos founded XXXX: -- XXXX: -- XXXX: -- Source: 3/6/19 Google Web Site; Tiburon Research & Analysis 3

De Loach Los Amigos was Founded by Cecil & Christine De Loach in 1975 Comments Founded in 1975 Based in XXXX Source: 3/6/19 Google Web Site; Tiburon Research & Analysis 4

De Loach Los Amigos is Not a Frequent Advertiser Advertising Comments -- Source: Tiburon Research & Analysis 5

De Loach Los Amigos Has a Wine Club Advertising Comments -- Source: Tiburon Research & Analysis 6

De Loach Los Amigos Hosts Weddings & Events Advertising Comments -- Source: Tiburon Research & Analysis 7

De Loach Los Amigos Web Site De Loach Los Amigos Has a Web Site with Six Core Sections, Including Visit Us, Wine Shop, Wine Club, Winemaking, Weddings & Events, and News & Reviews De Loach Los Amigos Web Site De Loach Los Amigos Web Site Visit Us Wine Shop Wine Club Winemaking Weddings & Events News & Reviews Source: 7/10/19 De Loach Los Amigos Web Site; 9/7/12 De Loach Los Amigos Web Site; Tiburon Research & Analysis 8

De Loach Los Amigos is Not a Frequent Acquirer Acquisitions Comments -- Source: Tiburon Research & Analysis 9

De Loach Los Amigos Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 10

De Loach Los Amigos Has Employees Needs data De Loach Los Amigos Employees Source: Tiburon Research & Analysis 11

De Loach Los Amigos Has Planted Acres Needs data De Loach Los Amigos Planted Acres Source: Tiburon Research & Analysis 12

De Loach Los Amigos Produces Tons of Grapes Needs data De Loach Los Amigos Tons of Grapes Source: Tiburon Research & Analysis 13

De Loach Los Amigos Produces Gallons of Wine Needs data De Loach Los Amigos Gallons of Wine Source: Tiburon Research & Analysis 14

De Loach Los Amigos Produces Cases Needs data De Loach Los Amigos Cases Produced Source: Tiburon Research & Analysis 15

De Loach Los Amigos Generates Revenues Needs data De Loach Los Amigos Revenues ($ Millions) Source: Tiburon Research & Analysis 16

De Loach Los Amigos Earns $___ Million Needs datac De Loach Los Amigos Net Profits ($ Millions) Source: Tiburon Research & Analysis 17

De Loach Los Amigos Produces a Number of Varietals, Including… Chardonnay De Loach Los Amigos Varietals Pinot Noir Hawk Hill Vineyard Chardonnay De Loach Los Amigos Varietals -- -- -- -- -- Source: 3/6/19 Google Web Site; Tiburon Research & Analysis 18

De Loach Los Amigos’s First Varietal is ___ Comments -- Source: Tiburon Research & Analysis 19

De Loach Los Amigos’s Second Varietal is ___ Comments -- Source: Tiburon Research & Analysis 20

De Loach Los Amigos is Led by its CEO… Organizational Chart -- -- -- -- -- -- Source: Tiburon Research & Analysis 21

De Loach Los Amigos Has a Board of Directors Led by its Chairman… -- -- -- -- -- -- -- -- -- -- Source: Tiburon Research & Analysis

De Loach Los Amigos is Privately Owned Comments -- Source: Tiburon Research & Analysis 23

De Loach Los Amigos Has Assets Needs data De Loach Los Amigos Assets ($ Millions) Source: Tiburon Research & Analysis 24 24 24

De Loach Los Amigos Has Liabilities Needs data De Loach Los Amigos Liabilities ($ Millions) Source: Tiburon Research & Analysis 25 25 25

De Loach Los Amigos Has Shareholders’ Equity Needs data De Loach Los Amigos Shareholders Equity ($ Millions) Source: Tiburon Research & Analysis 26 26 26

De Loach Los Amigos Earns … Per Share Needs data De Loach Los Amigos Earnings Per Share Source: Tiburon Research & Analysis 27 27 27

De Loach Los Amigos Declares … Dividends Per Share Needs data De Loach Los Amigos Dividends Per Share Source: Tiburon Research & Analysis 28 28 28

De Loach Los Amigos Has a … Dividend Yield Needs data De Loach Los Amigos Dividend Yield Source: Tiburon Research & Analysis 29 29 29

De Loach Los Amigos’s Stock Price is … Needs data De Loach Los Amigos Stock Price Source: Tiburon Research & Analysis 30 30 30

De Loach Los Amigos Has … Shares Outstanding Needs data De Loach Los Amigos Shares Outstanding Source: Tiburon Research & Analysis 31 31 31

De Loach Los Amigos’s Market Capitalization is … Needs data De Loach Los Amigos Market Capitalization ($ Millions) Source: Tiburon Research & Analysis 32 32 32

De Loach Los Amigos is Owned by …. Needs real data De Loach Los Amigos Ownership By Owner Source: Tiburon Research & Analysis 33 33 33

De Loach Los Amigos’s Stock Volume is…. Needs data De Loach Los Amigos Stock Volume Source: Tiburon Research & Analysis 34 34 34

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 35 35