Dow's Port: A Winery Producing a Variety of Wines Tiburon Research December 11, 2018

Dow's Port Comments 2 Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 2

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

Dow's Port was Founded in XXXX Comments Founded in XXXX Based in XXXX Source: Tiburon Research & Analysis 4

Dow's Port is Not a Frequent Advertiser Comments -- Source: Tiburon Research & Analysis 5

Dow's Port Has a Web Site with XXXX Core Sections, Including __ -- -- -- -- - -- Source: Tiburon Research & Analysis 6

Dow's Port Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 7

Dow's Port is Not a Frequent Acquirer Comments -- Source: Tiburon Research & Analysis 8

Dow's Port Has Employees Source: Tiburon Research & Analysis 9

Dow's Port Has Planted Acres Source: Tiburon Research & Analysis 10

Dow's Port Produces Tons of Grapes Source: Tiburon Research & Analysis 11

Dow's Port Produces Gallons of Wine Source: Tiburon Research & Analysis 12

Dow's Port Produces Cases Cases Produced Source: Tiburon Research & Analysis 13

Dow's Port Generates Revenues ($ Millions) Source: Tiburon Research & Analysis 14

Dow's Port Earns $___ Million Net Profits ($ Millions) Source: Tiburon Research & Analysis 15

Dow's Port Produces a Number of Varietals, Including… -- -- -- -- -- Source: Tiburon Research & Analysis 16

Dow's Port’s First Varietal is ___ Comments -- Source: Tiburon Research & Analysis 17

Dow's Port’s Second Varietal is ___ Comments -- Source: Tiburon Research & Analysis 18

Dow's Port is Led by its CEO… Organizational Chart -- -- -- -- -- -- Source: Tiburon Research & Analysis 19

Dow's Port Has a Board of Directors Led by its Chairman… -- -- -- -- -- -- -- -- -- -- Source: Tiburon Research & Analysis

Dow's Port is Privately Owned Comments -- Source: Tiburon Research & Analysis 21

Dow's Port Assets ($ Millions) Dow's Port Has Assets Dow's Port Assets ($ Millions) Source: Tiburon Research & Analysis 22 22 22

Dow's Port Has Liabilities ($ Millions) Source: Tiburon Research & Analysis 23 23 23

Dow's Port Has Shareholders’ Equity ($ Millions) Source: Tiburon Research & Analysis 24 24 24

Dow's Port Earns … Per Share Earnings Per Share Source: Tiburon Research & Analysis 25 25 25

Dow's Port Declares … Dividends Per Share Source: Tiburon Research & Analysis 26 26 26

Dow's Port Has a … Dividend Yield Source: Tiburon Research & Analysis 27 27 27

Dow's Port’s Stock Price is … Source: Tiburon Research & Analysis 28 28 28

Dow's Port Has … Shares Outstanding Source: Tiburon Research & Analysis 29 29 29

Dow's Port’s Market Capitalization is … ($ Millions) Source: Tiburon Research & Analysis 30 30 30

Dow's Port Ownership By Owner Dow's Port is Owned by …. Dow's Port Ownership By Owner Source: Tiburon Research & Analysis 31 31 31

Dow's Port’s Stock Volume is…. 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