Frank Family Vineyards: A California Winery Producing a Variety of Wines Tiburon Research March 23, 2019

Frank Family Vineyards Comments Founded in 1884 Based in Calistoga, CA Owner: Rich Frank Web site: www.frankfamilyvineyards.com Source: 1/6/12 Frank Family Vineyards Web Site; 4/14/09 Frank Family Vineyards Web Site; Tiburon Research & Analysis 2

Frank Family Vineyards History Frank Family Vineyards was Founded in 1884 and Has Subsequently Evolved through its Early, Middle, & Recent Phases Frank Family Vineyards History Frank Family Vineyards Founded Frank Family Vineyards Today Early Phase Middle Phase Recent Phase Approximate Dates: 1884 1885 - 1990 1991 - 2006 2007 - 2014 2014 Key Steps: 1884: Frank Family Vineyards founded XXXX: -- XXXX: 2007: Rich Frank & Connie Frank assumed total control Source: 1/6/12 Frank Family Vineyards Web Site; Tiburon Research & Analysis 3

Frank Family Vineyards was Founded in 1884 Comments Founded in 1884 Based in Calistoga, CA Owner: Rich Frank Source: 1/6/12 Frank Family Vineyards Web Site; 4/14/09 Frank Family Vineyards Web Site; Tiburon Research & Analysis 4

Frank Family Vineyards is Not a Frequent Advertiser Advertising Comments -- Source: Tiburon Research & Analysis 5

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

Frank Family Vineyards is Not a Frequent Acquirer Acquisitions Comments -- Source: Tiburon Research & Analysis 7

Frank Family Vineyards Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 8

Frank Family Vineyards Has Employees Needs data Frank Family Vineyards Employees Source: Tiburon Research & Analysis 9

Frank Family Vineyards Has Planted Acres Needs data Frank Family Vineyards Planted Acres Source: Tiburon Research & Analysis 10

Frank Family Vineyards Produces Tons of Grapes Needs data Frank Family Vineyards Tons of Grapes Source: Tiburon Research & Analysis 11

Frank Family Vineyards Produces Gallons of Wine Needs data Frank Family Vineyards Gallons of Wine Source: Tiburon Research & Analysis 12

Frank Family Vineyards Produces Cases Needs data Frank Family Vineyards Cases Produced Source: Tiburon Research & Analysis 13

Frank Family Vineyards Generates Revenues Needs data Frank Family Vineyards Revenues ($ Millions) Source: Tiburon Research & Analysis 14

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

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

Frank Family Vineyards’s First Varietal is ___ Comments -- Source: Tiburon Research & Analysis 17

Frank Family Vineyards’s Second Varietal is ___ Comments -- Source: Tiburon Research & Analysis 18

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

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

Frank Family Vineyards is Privately Owned Comments -- Source: Tiburon Research & Analysis 21

Frank Family Vineyards Has Assets Needs data Frank Family Vineyards Assets ($ Millions) Source: Tiburon Research & Analysis 22 22 22

Frank Family Vineyards Has Liabilities Needs data Frank Family Vineyards Liabilities ($ Millions) Source: Tiburon Research & Analysis 23 23 23

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

Frank Family Vineyards Earns … Per Share Needs data Frank Family Vineyards Earnings Per Share Source: Tiburon Research & Analysis 25 25 25

Frank Family Vineyards Declares … Dividends Per Share Needs data Frank Family Vineyards Dividends Per Share Source: Tiburon Research & Analysis 26 26 26

Frank Family Vineyards Has a … Dividend Yield Needs data Frank Family Vineyards Dividend Yield Source: Tiburon Research & Analysis 27 27 27

Frank Family Vineyards’s Stock Price is … Needs data Frank Family Vineyards Stock Price Source: Tiburon Research & Analysis 28 28 28

Frank Family Vineyards Has … Shares Outstanding Needs data Frank Family Vineyards Shares Outstanding Source: Tiburon Research & Analysis 29 29 29

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

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

Frank Family Vineyards’s Stock Volume is…. Needs data Frank Family Vineyards 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