Andrew Peller (ADW) Investor Presentation summary

Competitive position and assets

• Largest publicly traded wine producer in Canada with 59 brands across premium to value categories and over 5,000 distribution points nationally.

• Real estate portfolio valued at ~$400M, including vineyards, estates, production facilities, and a development site in Port Moody, BC.

• Estate wineries in Ontario and BC drive brand equity, with top-visited locations and award-winning wines.

• Port Moody development site valued at $50M+ is being marketed for sale to reduce debt and fund growth.

Financial performance and stability

• Reported $385M in trailing twelve-month sales and a long track record of profitability.

• EBITA has shown sustained growth, with a recent recovery in margins post-pandemic.

• 44-year uninterrupted dividend history, current yield ~6%, with seven increases in the past decade.

• Asset-backed lending facility of $275M finalized to support working capital and growth.

Strategic initiatives and growth drivers

• Four-point plan focuses on margin expansion, profitability, disciplined cash management, and revenue growth in key brands.

• Strategic growth through premiumization, channel optimization, direct-to-consumer, and M&A.

• Track record of both organic and inorganic growth, with 18 acquisitions since 1995 and $210M deployed.

• Positioned to benefit from Niagara's economic development, projected to add $8B+ in real GDP over 25 years.