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Sawaya Segalas & Co., LLC Preliminary Introductory Materials

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Presentation on theme: "Sawaya Segalas & Co., LLC Preliminary Introductory Materials"— Presentation transcript:

1 Sawaya Segalas & Co., LLC Preliminary Introductory Materials
February 2011 Sawaya Segalas & Co., LLC Preliminary Introductory Materials IRI InfoScan (TOTAL US DRUG data ending Dec 27, 2015)

2 Bottled Water Category Retail Dollar Sales ($MM) & % Chg YA
Strictly Confidential Bottled Water Category Retail Dollar Sales ($MM) & % Chg YA Total Bottled Water Unsweetened Sparkling Water (includes Flavored & Unflavored) Premium Bottled Water (includes Still & Sparkling) -1.2% Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015

3 Bottled Water Category Retail Unit* Sales (MM) & % Chg YA
Strictly Confidential Bottled Water Category Retail Unit* Sales (MM) & % Chg YA Total Bottled Water Unsweetened Sparkling Water (includes Flavored & Unflavored) Premium Bottled Water (includes Still & Sparkling) -2.0% Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015 *Units = Actual packages scanned

4 *Units = Actual packages scanned
Strictly Confidential Voss v. Premium Peers Dollar & Unit* Sales % Chg. YA % Dollar Growth Latest 52 Week Please include all brands included within the slide Premium Bottled Cat % Unit Growth 1,039.3% 27.0% 16.7% 10.2% 8.5% (0.9%) (8.7%) (9.7%) (21.1%) (72.7%) Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015 *Units = Actual packages scanned

5 *Units = Actual packages scanned
Strictly Confidential Voss v. Premium Peers Dollar & Unit* Sales % Chg YA % Dollar Growth Latest 12 Week Premium Bottled Cat Please include all brands included within the slide % Unit Growth 413.1% 22.4% 32.8% 10.4% 13.0% 0.3% (12.9%) (15.3%) (32.4%) (99.3%) Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015 *Units = Actual packages scanned

6 Voss Dollar Sales ($MM) Trends
Strictly Confidential Voss Dollar Sales ($MM) Trends Dollar Sales – Moving Annual Total by Month NOTE:we have only 16 rolling 52 weeks Source: IRI Infoscan, Total US DRUG, Data Ending Dec 27, 2015

7 Voss Unit* Sales (MM) Trends
Strictly Confidential Voss Unit* Sales (MM) Trends Unit Sales - Moving Annual Total by Month NOTE: we have only 16 rolling 52 weeks Source: IRI Infoscan, Total US DRUG, Data Ending Dec 27, 2015 *Units = Actual packages scanned

8 Voss Dollars & % Chg YA by Region (L-12 & L-52, DRUG)
Strictly Confidential Voss Dollars & % Chg YA by Region (L-12 & L-52, DRUG) Latest 12 Weeks Latest 52 Weeks Dollar Sales Dollar Sales % Chg YA Values are in Millions Source: IRI Infoscan, Data Ending Dec 27, 2015

9 Voss ACV Weighted Distribution (%) by Region (L-4, DRUG)
Strictly Confidential Voss ACV Weighted Distribution (%) by Region (L-4, DRUG) Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015

10 Voss PDI & Dollar Share by Region (L-4, DRUG)
Strictly Confidential Voss PDI & Dollar Share by Region (L-4, DRUG) West Plains Great Lakes Northeast TTL Premium: 74.1 Unsweetened Sparkling: 56.7 TTL Voss: 84.4 Voss Share of Premium: 2.6% TTL Premium: 90.2 Unsweetened Sparkling: 96.7 TTL Voss: 109.2 Voss Share of Premium: 2.7% TTL Premium: 50.5 Unsweetened Sparkling: 64.2 TTL Voss: 80.1 Voss Share of Premium: 3.5% TTL Premium: 143.8 Unsweetened Sparkling: 196.2 TTL Voss: 155.9 Voss Share of Premium: 2.4% California South Central Southeast Mid South TTL Premium: 109.4 Unsweetened Sparkling: 100.9 TTL Voss: 67.7 Voss Share of Premium: 1.5% TTL Premium: 85.2 Unsweetened Sparkling: 58.7 TTL Voss: 103.7 Voss Share of Premium: 2.7% TTL Premium: 123.7 Unsweetened Sparkling: 92.5 TTL Voss: 95.4 Voss Share of Premium: 1.7% TTL Premium: 77.5 Unsweetened Sparkling: 70.3 TTL Voss: 65.7 Voss Share of Premium: 1.8% Note- Voss share of premium (it's does not seems accurate as we are picking Voss at Total Bottled level and considering Category as Premium Bottled to calculate share) PDI = (Volume Sales in a Geography / Population of the Geography) (Volume Sales in Total US / Total US Population) Source: IRI Infoscan, Data Ending Dec 27, 2015 Copyright © Information Resources, Inc., Confidential and proprietary

11 Premium Water v. Voss: Base Sales Diagnostics (L-52, DRUG)
Strictly Confidential Premium Water v. Voss: Base Sales Diagnostics (L-52, DRUG) Total PREMIUM Dollar Sales Base $ Sales Avg. Wkly Items Per Store Base Price Per Vol Avg Weekly ACV Wtd Distribution 52 Weeks: 12 Weeks: 4 Weeks: $176.9M 9.2% +$14.8M 6.9% +$9.8M 15.7 $152.5M +0.2 (-$0.01) $1.22 96.9 (-0.3) Total VOSS Dollar Sales Base $ Sales Avg. Wkly Items Per Store Base Price Per Vol Avg Weekly ACV Wtd Distribution 52 Weeks: 12 Weeks: 4 Weeks: $4.5M -5.1% (-$0.2M) -0.4% (-$0.0M) 1.1 $3.9M +0.0 +$0.03 $1.64 36.4 (-0.9) 99.6 97.0 +0.1 (-0.1) 36.4 +2.7 99.6 97.0 +0.1 +0.1 36.8 +3.4 11 Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

12 Premium Water v. Voss: Incremental Sales Diagnostics (L-52, DRUG)
Strictly Confidential Premium Water v. Voss: Incremental Sales Diagnostics (L-52, DRUG) Total PREMIUM Dollar Sales Total VOSS Dollar Sales $176.9M 19.2% +$14.8M $4.5M -5.1% (-$0.2M) Incr $ Sales Incr $ Sales $24.4M 25.9% +$5.0M $0.6M -28.1% (-$0.2M) Weeks of Support Lifts Weeks of Support Lifts 49 +1.5 120.9 +11.3 6 (-1.4) 123.7 +11.6 %Lift Chg YA Feat Only Disp Only Feat & Disp TPR Only %Lift Chg YA Feat Only Disp Only Feat & Disp TPR Only Promo Price Per Vol Promo Price Per Vol $0.98 (-$0.02) $1.42 +$0.02 0.0 +0.0 102.6 +18.5 143.7 (-5.3) 144.9 (-34.8) 0.0 +0.0 99.3 +27.3 123.6 +12.5 113.5 +9.8 12 Source: IRI Infoscan, Total US DRUG, Data Ending Dec 27, 2015

13 Voss Dollar Sales per Point of Distribution (L-12, DRUG)
Strictly Confidential Voss Dollar Sales per Point of Distribution (L-12, DRUG) Dollar Sales per Point of Distribution* = Plastic/PET SKU = Glass SKU $19,084 $14,972 * Dollar Sales of Total Voss Still (or Sparkling) SKUs/ ACV Weighted Distribution of Total Voss Still (or Sparkling) SKUs Dollar values in thousands Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

14 Voss Average Price per Unit (DRUG)
Strictly Confidential Voss Average Price per Unit (DRUG) = Plastic/PET SKU Still Water SKUs Sparkling Water SKUs = Glass SKU L-52 L-24 L-12 L-4 Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

15 Voss Commands a Highly Attractive Ultra-Premium Retail Price Point
Strictly Confidential Voss Commands a Highly Attractive Ultra-Premium Retail Price Point L-52 Total U.S. Water Average Price per Volume (500ml) (1) = Voss Premium Index 196 160 145 138 133 132 116 115 (1) One unit of volume represents Oz. Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

16 Bottled Water Category
Strictly Confidential Premium Water Volume¹ Price Landscape (L-52, DRUG) % CHG YA Premium Bottled Water Category Voss Evian Perrier Fiji San Pellegrino San Benedetto Glacceau Smart Water Resource Icelandic Glacial Avg. Price/Vol -$0.02 $0.04 $0.05 $0.03 -$0.05 $0.00 -$0.31 $0.11 Promo Price/Vol $0.02 $0.07 $0.01 -$0.17 $0.09 (1) One unit of volume represents Oz. Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

17 Total Bottled Water Category
Strictly Confidential Premium Water Volume¹ Price Landscape (L-12, DRUG) % CHG YA Total Bottled Water Category Voss Evian Perrier Fiji San Pellegrino San Benedetto Glacceau Smart Water Resource Icelandic Glacial Avg. Price/Vol -$0.02 $0.11 $0.08 $0.06 $0.01 -$0.04 $0.00 -$0.08 $0.21 Promo Price/Vol $0.10 $0.05 $0.02 -$0.23 $0.24 (1) One unit of volume represents Oz. 17 Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

18 Volume by Price Threshold: Premium Brands (L-52, DRUG)
Strictly Confidential Volume by Price Threshold: Premium Brands (L-52, DRUG) $1.17/500ml or $8.85/128oz *Mean price point among all Premium Brands listed Values are in Millions, Volume Equivalency = 500ml 18 Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015

19 APPENDIX: DATA DETAIL

20 Voss Retail Dollar Sales by SKU (DRUG)
Strictly Confidential Voss Retail Dollar Sales by SKU (DRUG) Dollar Sales of Voss by SKU (% Growth vs. YAG Period) DOLLAR Still - Plastic Size Count UPC Code L -52 L -24 L -12 L -4 VOSS STILL - Plastic 330ml 1 $18,136 6.5% $8,198 7.0% $3,353 -8.1% $1,106 0.9% 500ml $3,831,692 -7.4% $1,697,012 -8.5% $703,861 -6.2% $228,882 -10.3% 850ml $464,826 4.6% $217,018 1.4% $86,273 -9.7% $27,070 -15.7% 12 $67 178.4% $56 0.0% $0 24 $493 101.2% $302 487.2% $117 9447.9% 6 $66,360 27.9% $28,188 36.0% $13,149 31.5% $4,220 25.5% Still - Glass VOSS STILL - Glass 375ml $15,662 75.3% $8,007 30.3% $3,083 19.4% $844 -0.1% 4 $427 16.1% $111 -56.9% $70 -51.9% $18 -70.6% 800ml $28,002 61.2% $14,195 61.3% $6,053 42.4% $1,714 29.4% 2 $163 58.0% $131 90.3% $76 170.5% $48 299.5% Voss Still Total $4,425,827 -5.4% $1,973,217 -6.6% $816,035 -5.9% $263,903 -10.2% Sparkling VOSS SPARKLING - Glass $9,166 84.7% $4,264 13.5% $1,645 -19.0% $480 -14.8% $209 -65.0% $26 -94.0% $4 -97.9% -100.0% $15,352 189.4% $7,786 83.3% $3,281 75.6% $1,193 103.6% Voss Sparkling Total $24,727 127.6% $12,076 43.1% $4,931 20.1% $1,673 40.4% Total Voss $4,450,554 -5.1% $1,985,293 -6.4% $820,965 -5.7% $265,576 -10.0% does have any sales in QS3 . Also , and upcs are added in the list which are not there in previous file. We have added these additional upcs in the table so that total sales should match up to UPC sum. Hope this is fine Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

21 Voss Retail Volume Sales by SKU (DRUG)
Strictly Confidential Voss Retail Volume Sales by SKU (DRUG) Volume Sales of Voss by SKU (% Growth vs. YAG Period) VOLUME Still - Plastic Size Count UPC Code L -52 L -24 L -12 L -4 VOSS STILL - Plastic 330ml 1 7,392 6.9% 3,313 7.1% 1,368 -6.8% 455 2.2% 500ml 2,501,142 -10.0% 1,096,504 -11.3% 438,835 -13.3% 143,167 -20.8% 850ml 274,204 4.5% 127,293 0.8% 49,384 -12.9% 15,471 -20.2% 12 40 149.3% 32 0.0% 24 7,967 107.3% 4,960 449.9% 2,026 6675.0% 6 33,297 57.5% 13,781 71.1% 6,194 55.5% 1,944 53.6% Still - Glass VOSS STILL - Glass 375ml 5,694 67.9% 2,811 21.6% 1,085 8.9% 303 4 160 3.7% 48 -52.8% 30 -47.0% -74.7% 800ml 13,389 56.3% 6,779 57.1% 2,907 37.7% 797 23.2% 2 90 39.7% 70 57.0% 42 159.3% 26 299.6% Voss Still Total 2,843,374 -7.9% 1,255,592 -9.1% 501,871 -12.2% 162,168 -20.1% Sparkling VOSS SPARKLING - Glass 3,379 86.6% 1,572 15.4% 620 -16.3% 190 -7.5% 89 -59.3% 22 -85.5% 7 -90.9% -100.0% 7,389 182.7% 3,700 74.8% 1,588 71.9% 593 106.1% Voss Sparkling Total 10,856 133.9% 5,294 45.8% 2,215 27.5% 783 54.0% Total Voss 2,854,231 -7.7% 1,260,886 -8.9% 504,086 -12.1% 162,951 -19.9% does have any sales in QS3 . Also , and upcs are added in the list which are not there in previous file. We have added these additional upcs in the table so that total sales should match up to UPC sum. Hope this is fine One unit of volume represents l. oz. Values are in Millions, Volume Equivalency = 500ml Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015

22 Voss Glass SKUs v. Competitor SKUs (L-12, DRUG)
Strictly Confidential Voss Glass SKUs v. Competitor SKUs (L-12, DRUG) L-12 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Glass Voss 330 ml 12 $0 $0.00 0.00 375 ml 1 $3,083 1,085 1,444 $2.84 $2.13 0.15 $20,617 4 $70 30 10 $2.30 $6.90 0.02 $2,932 San Pellegrino 750 ml 800 ml 2 $76 42 13 $1.83 $5.84 0.03 $3,044 $6,053 2,907 1,814 $2.08 $3.34 0.34 $17,708 Sparkling - Glass Perrier 200 ml 6 $1,094 386 161 $2.83 $6.79 $67,686 *Can 250 ml $238,440 196,394 39,293 $1.21 $6.07 42.78 $5,574 $521,975 394,601 78,948 $1.32 $6.61 68.80 $7,586 $771 290 581 $2.66 $1.33 0.05 $14,212 $1,219 645 215 $1.89 $5.67 0.41 $2,960 $191 107 41 $1.78 $4.71 0.06 $3,136 $1,132 579 879 $1.95 $1.29 0.12 $9,543 24 $570 363 138 $1.57 $4.14 0.21 $2,755 $1,645 620 826 $2.65 $1.99 0.08 $19,535 $4 7 $0.67 $2.00 0.01 $684 $1,308 872 583 $1.50 $2.24 0.19 $7,023 $1,542 881 589 $1.75 $2.62 0.14 $11,034 $381 212 80 $1.80 $4.75 0.07 $5,415 $10,765 6,849 4,576 $2.35 0.53 $20,193 $11,703 6,628 4,428 $1.77 $2.64 0.40 $29,522 15 $3,281 1,588 991 $2.07 $3.31 0.29 $11,418 1000 ml $128 92 46 $1.40 $2.79 $23,195 Volume Equivalency = 500ml Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015 *Units = Actual packages scanned

23 Voss Glass SKUs v. Competitor SKUs (L-52, DRUG)
Strictly Confidential Voss Glass SKUs v. Competitor SKUs (L-52, DRUG) L-52 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Glass Voss 330 ml 12 $0 $0.00 0.00 375 ml 1 $15,662 5,694 7,582 $2.75 $2.07 0.40 $39,140 4 $427 160 53 $2.67 $8.01 0.12 $3,571 San Pellegrino 750 ml 800 ml 2 $163 90 28 $1.81 $5.80 0.03 $6,104 $28,002 13,389 8,354 $2.09 $3.35 0.74 $37,970 Sparkling - Glass Perrier 200 ml 6 $1,962 692 289 $2.83 $6.79 0.02 $87,421 *Can 250 ml 10 $921,225 752,775 150,607 $1.22 $6.12 51.47 $17,898 $2,224,904 1,682,344 336,586 $1.32 $6.61 81.83 $27,189 $3,396 1,297 2,596 $2.62 $1.31 0.18 $18,683 $4,919 2,555 852 $1.93 $5.77 0.81 $6,075 $793 417 158 $1.90 $5.01 0.08 $9,656 $14,849 8,091 12,269 $1.84 $1.21 0.36 $41,118 24 $3,064 1,923 729 $1.59 $4.20 0.58 $5,312 $9,166 3,379 4,499 $2.71 $2.04 0.21 $44,432 $209 89 30 $2.36 $7.09 0.07 $2,872 $6,263 4,096 2,736 $1.53 $2.29 0.22 $28,584 $6,451 3,707 2,476 $1.74 $2.60 0.17 $37,522 $1,100 592 224 $1.86 $4.90 $9,083 $52,204 33,605 22,452 $1.55 $2.33 0.65 $80,632 $56,995 32,003 21,382 $1.78 0.47 $121,675 15 $15,352 7,389 4,610 $2.08 $3.33 0.53 $29,087 1000 ml $532 406 203 0.06 $8,459 Volume Equivalency = 500ml Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015 *Units = Actual packages scanned

24 Voss Plastic SKUs v. Competitor SKUs (L-12, DRUG)
Strictly Confidential Voss Plastic SKUs v. Competitor SKUs (L-12, DRUG) L-12 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Plastic Evian 330 ml 6 $4,762 2,584 650 $1.84 $7.33 0.65 $7,329 Fiji 1 $78,100 49,678 75,250 $1.57 $1.04 10.48 $7,453 $364,390 253,587 64,081 $1.44 $5.69 41.72 $8,735 Voss $3,353 1,368 2,074 $2.45 $1.62 1.41 $2,383 $13,149 6,194 1,558 $2.12 $8.44 2.15 $6,117 12 $0 $0.00 0.00 500 ml $917,223 618,063 618,465 $1.48 84.56 $10,847 $62,772 56,672 9,449 $1.11 $6.64 4.54 $13,841 24 $37 25 $1.49 $35.82 0.01 $2,906 $1,673,976 1,215,040 1,215,831 $1.38 91.52 $18,292 $90 307 13 $0.29 $7.05 0.03 $3,150 $434,328 347,583 57,954 $1.25 $7.49 37.60 $11,552 $703,861 438,835 439,121 $1.60 42.10 $16,718 $117 2,026 84 $0.06 $3,968 750 ml $61,157 37,736 25,212 $2.43 3.12 $19,610 850 ml $86,273 49,384 29,094 $1.75 $2.97 5.19 $16,620 1000 ml $2,034,225 1,933,387 966,956 $1.05 $2.10 87.22 $23,323 $42,345 36,759 3,064 $1.15 $13.82 2.02 $20,960 $855 895 37 $0.96 $22.94 0.13 $6,813 $2,883,551 2,562,189 1,281,443 $1.13 $2.25 92.29 $31,243 $66,519 59,453 4,956 $1.12 $13.42 3.91 $17,030 1500 ml $178,114 196,662 65,580 $0.91 $2.72 31.07 $5,732 $1,044,652 1,136,098 378,850 $0.92 $2.76 87.32 $11,963 Sparkling - Plastic Perrier $933,896 581,457 581,835 $1.61 73.10 $12,775 $2,528 2,432 406 $6.23 0.54 $4,654 $12,673 7,886 7,891 0.53 $23,940 $293,213 171,712 171,824 $1.71 29.80 $9,839 $322 659 27 $0.49 $11.71 0.11 $2,871 San Pellegrino $554,818 346,291 346,517 44.83 $12,377 $2,065 1,957 163 $1.06 $12.66 0.31 $6,584 $137 146 $0.94 $22.64 $12,820 $576,046 621,055 310,612 $0.93 $1.85 87.24 $6,603 $42 43 21 $0.99 $1.98 0.05 $815 $908,407 989,894 495,082 $1.83 89.48 $10,152 Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015 *Units = Actual packages scanned Volume Equivalency = 500ml

25 Voss Plastic SKUs v. Competitor SKUs (L-52, DRUG)
Strictly Confidential Voss Plastic SKUs v. Competitor SKUs (L-52, DRUG) L-52 Competitor SKU Comparison Brand Still/Sparkling Size (ML) Count UPC Dollar Sales Volume Sales Unit Sales Avg. Price per Volume Avg. Price per Unit ACV Weighted Distribution Dollar Sales per Pt. of Dist. Still - Plastic Evian 330 ml 6 $16,239 8,934 2,248 $1.82 $7.22 1.08 $15,095 Fiji 1 $357,122 229,110 347,044 $1.56 $1.03 18.55 $19,256 $1,709,492 1,224,751 309,494 $1.40 $5.52 53.60 $31,893 Voss $18,136 7,392 11,210 $2.45 $1.62 2.47 $7,342 $66,360 33,297 8,377 $1.99 $7.92 2.93 $22,677 12 $67 40 5 $1.69 $13.39 0.04 $1,570 500 ml $4,435,960 3,062,783 3,064,777 $1.45 89.77 $49,414 $248,611 222,373 37,077 $1.12 $6.71 6.84 $36,345 24 $103 627 26 $0.16 $3.96 0.03 $3,337 $8,149,998 5,782,194 5,785,959 $1.41 93.86 $86,827 $240 1,042 43 $0.23 0.09 $2,626 $2,064,376 1,628,069 271,453 $1.27 $7.60 52.68 $39,190 $3,831,692 2,501,142 2,502,770 $1.53 46.54 $82,337 $493 7,967 332 $0.06 $1.49 0.10 $5,111 750 ml $318,651 209,638 140,062 $1.52 $2.28 3.39 $93,959 850 ml $464,826 274,204 161,545 $1.70 $2.88 7.97 $58,331 1000 ml $9,248,975 8,900,265 4,451,344 $1.04 $2.08 91.55 $101,031 $179,731 156,433 13,041 $1.15 $13.78 2.62 $68,631 $3,954 4,190 175 $0.94 $22.64 0.52 $7,549 $0 $0.00 0.00 $13,225,500 11,709,095 5,856,141 $1.13 $2.26 94.02 $140,674 $309,480 277,701 23,151 $1.11 $13.37 8.48 $36,493 1500 ml $1,570,211 1,638,367 546,340 $0.96 $2.87 45.20 $34,739 $4,896,351 5,435,382 1,812,516 $0.90 $2.70 92.31 $53,041 Sparkling - Plastic Perrier $4,453,316 2,774,735 2,776,542 $1.60 91.93 $48,444 $9,620 9,186 1,532 $1.05 $6.28 0.79 $12,181 $69,663 49,961 49,993 $1.39 1.23 $56,559 $968,916 565,690 566,058 $1.71 31.44 $30,820 $1,663 2,828 118 $0.59 $14.11 0.38 $4,367 San Pellegrino $2,796,307 1,798,678 1,799,849 $1.55 74.64 $37,462 $10,878 10,226 852 $1.06 $12.76 0.42 $26,145 $3,292 2,832 $1.16 $27.89 0.26 $12,857 $2,462,895 2,387,579 1,194,114 $2.06 92.45 $26,640 $858 842 421 $1.02 $2.04 0.49 $1,746 $4,012,170 3,982,702 1,991,893 $1.01 $2.01 92.61 $43,323 *Units = Actual packages scanned Source: IRI Infoscan, Total US DRUG Data Ending Dec 27, 2015 Volume Equivalency = 500ml

26 Voss Competitor Summary (L-52, DRUG)
Strictly Confidential Voss Competitor Summary (L-52, DRUG) Dollar Sales of Voss Competitors (% Growth vs. Year Ago Period) L-52 L-24 L-12 L-4 Glaceau Smart Water $64,080,144 22.4% $30,873,092 23.9% $13,750,382 25.0% $4,433,226 26.3% Fiji $30,727,517 11.1% $14,396,563 8.8% $6,554,586 10.0% $2,002,102 1.6% Evian $16,115,331 1.9% $7,811,522 11.4% $3,322,985 4.2% $1,154,111 7.4% Perrier $11,208,196 14.9% $5,634,238 26.5% $2,596,766 26.2% $885,956 26.0% San Pellegrino $6,891,945 (8.3%) $3,163,061 (11.7%) $1,479,919 (12.8%) $511,630 (11.1%) Voss $4,450,556 (5.1%) $1,985,293 (6.4%) $820,965 (5.7%) $265,576 (10.0%) Essentia $907,259 14,454.5% $546,983 8,785.6% $221,502 3,952.3% $71,545 1,743.7% Icelandic Glacial $581,925 (10.9%) $258,123 (22.0%) $118,238 (18.3%) $39,146 (12.5%) Aqua Hydrate $484,582 (13.8%) $180,829 (35.1%) $74,731 (40.4%) $23,038 (36.9%) Volvic $411,757 (16.4%) $212,940 (8.5%) $93,112 (16.5%) $27,434 (15.3%) Resource $133,339 (80.3%) $3,347 (98.9%) $887 (99.3%) $248 (99.4%) Jana $38,846 (41.8%) $12,387 (67.8%) $1,426 (90.7%) $297 (92.3%) Eternal $35,157 (61.9%) $3,823 (89.9%) $946 (95.1%) $281 (95.4%) Saratoga $17,361 (15.8%) $7,903 (22.6%) $3,193 (20.4%) $1,022 (17.3%) Mountain Valley Spring Water $15,493 (56.7%) $6,668 (43.1%) $3,130 (20.3%) $773 (39.5%) Acqua Panna $13,468 816.9% $5,688 460.5% $2,694 311.8% $972 448.6% Metromint $125 (99.6%) $9 (99.5%) $0 (100.0%) Penta $23 (87.8%) $5 (61.0%) $1 (76.4%) (50.1%) Gerolsteiner $4 0.0% Kiwaii Appolinaris Ferrarelle Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015

27 Voss Competitor Summary (L-52, DRUG)
Strictly Confidential Voss Competitor Summary (L-52, DRUG) Volume Sales of Voss Competitors (% Growth vs. Year Ago Period) L-52 L-24 L-12 L-4 Glaceau Smart Water 65,600,492 28.9% 31,897,936 33.5% 14,111,115 34.7% 4,624,656 43.3% Fiji 26,300,317 8.4% 12,128,647 5.3% 5,630,608 9.5% 1,675,062 (1.0%) Evian 14,300,714 (2.6%) 6,854,481 5.2% 2,903,873 (3.6%) 1,076,177 2.6% Perrier 8,297,503 12.0% 4,189,398 22.8% 1,987,261 20.9% 734,034 23.9% San Pellegrino 5,834,755 (4.4%) 2,702,533 (8.7%) 1,346,633 (9.8%) 512,726 (3.8%) Voss 2,854,232 (7.7%) 1,260,886 (8.9%) 504,086 (12.1%) 162,951 (19.9%) Essentia 866,383 17,554.1% 511,260 10,484.0% 204,255 4,693.2% 67,280 2,117.9% Icelandic Glacial 541,451 (20.2%) 225,235 (37.8%) 101,929 (33.4%) 33,900 (27.0%) Aqua Hydrate 524,111 (9.9%) 200,827 (30.1%) 82,297 25,330 (35.4%) Volvic 332,970 (19.6%) 171,038 (12.7%) 74,043 (23.6%) 21,572 (30.7%) Resource 167,416 (72.6%) 3,012 (98.8%) 760 (99.3%) 214 (99.4%) Eternal 32,154 (60.7%) 3,715 (89.3%) 913 (94.9%) 290 (94.6%) Jana 28,330 (42.4%) 8,995 (68.0%) 1,089 (90.2%) 221 (92.2%) Saratoga 18,021 (14.3%) 7,994 (24.8%) 3,289 (26.1%) 1,050 (25.4%) Mountain Valley Spring Water 16,355 (50.7%) 7,231 (34.2%) 3,386 (8.4%) 923 (25.9%) Acqua Panna 9,982 773.4% 4,205 429.0% 2,004 287.4% 721 411.2% Metromint 66 (99.7%) 4 (100.0%) Penta 12 (89.7%) 3 (70.4%) 1 (74.2%) (48.4%) Gerolsteiner 6 0.0% Kiwaii Appolinaris Ferrarelle Values are in Millions, Volume Equivalency = 500ml Source: IRI Infoscan, Total US DRUG , Data Ending Dec 27, 2015


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