Kongsgaard: A California Winery Producing a Variety of Wines Tiburon Research April 8, 2019

Kongsgaard Comments 2 Founded in XXXX Based in XXXX Web site: www.kongsgaard-wine.com Source: 4/30/07 Kongsgaard Winery Web Site; 4/19/03 Long Meadow Ranch Web Site; Tiburon Research & Analysis 2

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Kongsgaard’s Stock Volume is…. Needs data Kongsgaard 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