1. Korbel: A California Winery Producing a Variety of Wines
Tiburon Research
April 8, 2019

2. Korbel Comments 2 Founded in XXXX
Based in Guerneville, CA (Sonoma, CA)
2,000 acres in California
550 employees
2.1 million case volume (#8)
$134 million revenues
Brands include Kenwood Vineyards and Korbel
President: Gary Heck
Winemaker: Paul Ahvenainen
Web Site:
Source: 4/20/07 Korbel Web Site; 4/20/01 San Francisco Business Times; Tiburon Research & Analysis 2

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

4. Korbel was Founded in XXXX
Comments
Founded in XXXX
Based in Guerneville, CA (Sonoma, CA)
Source: 4/20/07 Korbel Web Site; 4/20/01 San Francisco Business Times; Tiburon Research & Analysis 4

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

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

7. Korbel is Not a Frequent Acquirer
Comments --
Source: Tiburon Research & Analysis 7

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

9. Korbel Has Employees Korbel Employees 9
Source: Tiburon Research & Analysis 9

10. Korbel Has Planted Acres
Source: Tiburon Research & Analysis 10

11. Korbel Produces Tons of Grapes
Source: Tiburon Research & Analysis 11

12. Korbel Produces Gallons of Wine
Source: Tiburon Research & Analysis 12

13. Korbel Produces Cases Korbel Cases Produced 13
Source: Tiburon Research & Analysis 13

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

29. Korbel Has … Shares Outstanding
Source: Tiburon Research & Analysis 29 29 29

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

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

32. Korbel’s Stock Volume is….
Source: Tiburon Research & Analysis 32 32 32

33. 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