J Lohr Winery A California Winery Producing a

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J. Lohr Winery: A California Winery Producing a Variety of Wines Tiburon Research April

J. Lohr Winery: A California Winery Producing a Variety of Wines Tiburon Research April 3, 2019

J. Lohr Winery Comments • • • Founded in XXXX Based in San Jose,

J. Lohr Winery Comments • • • Founded in XXXX Based in San Jose, CA 2, 000 California acres 120 employees 639, 000 case volume (#14) $46 million revenues CEO: Jerome Lohr Winemaker: Jeff Meier Web site: www. jlohr. com Source: 4/15/07 J. Lorhr Winery Web Site; Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 2

J. Lohr Winery was Founded in XXXX and Has Subsequently Evolved through its Early,

J. Lohr Winery was Founded in XXXX and Has Subsequently Evolved through its Early, Middle, & Recent Phases J. Lohr Winery History J. Lohr Winery Founded Approximate Dates: Key Steps: XXXX • XXXX: J. Lohr Early Phase XXXX - XXXX • XXXX: -- Middle Phase XXXX - XXXX • XXXX: -- Recent Phase XXXX - 2019 J. Lohr Winery Today 2019 • XXXX: -- Winery founded Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 3

J. Lohr Winery was Founded in XXXX Comments • Founded in XXXX • Based

J. Lohr Winery was Founded in XXXX Comments • Founded in XXXX • Based in San Jose, CA Source: 4/15/07 J. Lorhr Winery Web Site; Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 4

J. Lohr Winery is Not a Frequent Advertiser Advertising Comments • -- Source: Tiburon

J. Lohr Winery is Not a Frequent Advertiser Advertising Comments • -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 5

J. Lohr Winery Has a Web Site with XXXX Core Sections, Including __ J.

J. Lohr Winery Has a Web Site with XXXX Core Sections, Including __ J. Lohr Winery Web Site -- -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 6

J. Lohr Winery is Not a Frequent Acquirer Acquisitions Comments • -- Source: Tiburon

J. Lohr Winery is Not a Frequent Acquirer Acquisitions Comments • -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 7

J. Lohr Winery Has a Charitable Giving Program Charitable Giving Comments • -- Source:

J. Lohr Winery Has a Charitable Giving Program Charitable Giving Comments • -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 8

J. Lohr Winery Has Employees Needs data J. Lohr Winery Employees Source: Tiburon Research

J. Lohr Winery Has Employees Needs data J. Lohr Winery Employees Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 9

J. Lohr Winery Has Planted Acres Needs data J. Lohr Winery Planted Acres Source:

J. Lohr Winery Has Planted Acres Needs data J. Lohr Winery Planted Acres Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 10

J. Lohr Winery Produces Tons of Grapes Needs data J. Lohr Winery Tons of

J. Lohr Winery Produces Tons of Grapes Needs data J. Lohr Winery Tons of Grapes Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 11

J. Lohr Winery Produces Gallons of Wine Needs data J. Lohr Winery Gallons of

J. Lohr Winery Produces Gallons of Wine Needs data J. Lohr Winery Gallons of Wine Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 12

J. Lohr Winery Produces Cases Needs data J. Lohr Winery Cases Produced Source: Tiburon

J. Lohr Winery Produces Cases Needs data J. Lohr Winery Cases Produced Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 13

J. Lohr Winery Generates Revenues Needs data J. Lohr Winery Revenues ($ Millions) Source:

J. Lohr Winery Generates Revenues Needs data J. Lohr Winery Revenues ($ Millions) Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 14

J. Lohr Winery Earns $___ Million Needs data J. Lohr Winery Net Profits ($

J. Lohr Winery Earns $___ Million Needs data J. Lohr Winery Net Profits ($ Millions) Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 15

J. Lohr Winery Produces a Number of Varietals, Including… J. Lohr Winery Varietals --

J. Lohr Winery Produces a Number of Varietals, Including… J. Lohr Winery Varietals -- -- -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 16

J. Lohr Winery’s First Varietal is ___ Comments • -- Source: Tiburon Research &

J. Lohr Winery’s First Varietal is ___ Comments • -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 17

J. Lohr Winery’s Second Varietal is ___ Comments • -- Source: Tiburon Research &

J. Lohr Winery’s Second Varietal is ___ Comments • -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 18

J. Lohr Winery is Led by its CEO… J. Lohr Winery Organizational Chart --

J. Lohr Winery is Led by its CEO… J. Lohr Winery Organizational Chart -- -- -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 19

J. Lohr Winery Has a Board of Directors Led by its Chairman… J. Lohr

J. Lohr Winery Has a Board of Directors Led by its Chairman… J. Lohr Winery Board of Directors -- • -- -- • -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 20

J. Lohr Winery is Privately Owned Comments • -- Source: Tiburon Research & Analysis

J. Lohr Winery is Privately Owned Comments • -- Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 21

J. Lohr Winery Has Assets Needs data J. Lohr Winery Assets ($ Millions) Source:

J. Lohr Winery Has Assets Needs data J. Lohr Winery Assets ($ Millions) Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 22

J. Lohr Winery Has Liabilities Needs data J. Lohr Winery Liabilities ($ Millions) Source:

J. Lohr Winery Has Liabilities Needs data J. Lohr Winery Liabilities ($ Millions) Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 23

J. Lohr Winery Has Shareholders’ Equity Needs data J. Lohr Winery Shareholders Equity ($

J. Lohr Winery Has Shareholders’ Equity Needs data J. Lohr Winery Shareholders Equity ($ Millions) Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 24

J. Lohr Winery Earns … Per Share Needs data J. Lohr Winery Earnings Per

J. Lohr Winery Earns … Per Share Needs data J. Lohr Winery Earnings Per Share Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 25

J. Lohr Winery Declares … Dividends Per Share Needs data J. Lohr Winery Dividends

J. Lohr Winery Declares … Dividends Per Share Needs data J. Lohr Winery Dividends Per Share Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 26

J. Lohr Winery Has a … Dividend Yield Needs data J. Lohr Winery Dividend

J. Lohr Winery Has a … Dividend Yield Needs data J. Lohr Winery Dividend Yield Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 27

J. Lohr Winery’s Stock Price is … Needs data J. Lohr Winery Stock Price

J. Lohr Winery’s Stock Price is … Needs data J. Lohr Winery Stock Price Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 28

J. Lohr Winery Has … Shares Outstanding Needs data J. Lohr Winery Shares Outstanding

J. Lohr Winery Has … Shares Outstanding Needs data J. Lohr Winery Shares Outstanding Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 29

J. Lohr Winery’s Market Capitalization is … Needs data J. Lohr Winery Market Capitalization

J. Lohr Winery’s Market Capitalization is … Needs data J. Lohr Winery Market Capitalization ($ Millions) Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 30

J. Lohr Winery is Owned by …. Needs real data J. Lohr Winery Ownership

J. Lohr Winery is Owned by …. Needs real data J. Lohr Winery Ownership By Owner Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 31

J. Lohr Winery’s Stock Volume is…. Needs data J. Lohr Winery Stock Volume Source:

J. Lohr Winery’s Stock Volume is…. Needs data J. Lohr Winery Stock Volume Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 32

Tiburon Strategic Advisors Comments • Focus on corporate-level strategy - Serve senior executives only

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 - Mc. Kinsey & Company - Charles Schwab & Company - Tiburon since 1998 Source: Tiburon Research & Analysis 19. 04. 03 – J. Lohr Winery © Tiburon Strategic Advisors, LLC™ 33