[ When You Celebrate, We're There. ] - Heidelberg Distributing

[ When you celebrate, we’re there. ]

SINCE 1938 HEIDELBERG DISTRIBUTING COMPANY is a family owned and operated company that markets and delivers the finest beer, wine, spirits, and non-alcohol beverages to retailers in Ohio and Kentucky – to your local grocers, convenience stores, corner bars, restaurants, and more. Products on Heidelberg trucks come from local suppliers and from suppliers all over the U.S. and the world. ONE MAN, ONE TRUCK: Starting in 1938, our founder, Albert W. Vontz drove a truck every day from the Heidelberg Brewery in Covington, KY to deliver the popular Student Prince and Heirloom beers to retailers in Dayton, OH. The brewery closed in 1946, but Vontz kept the Heidelberg name and found new beer and wine products to distribute. Today we are still family owned and operated. Third and fourth generation Vontz and Miller families are actively involved in the leadership and daily operations. Albert W. Vontz, 1938

THE TOLEDO LORAIN COLUMBUS DAY TON HEIDELBERG FAMILY OF COMPANIES CLEVELAND YOUNGSTOWN IS COMPRISED OF NINE WAREHOUSE & OFFICE FACILITIES LOCATED IN: CINCINNATI EVENDALE CLEVELAND COLUMBUS DAYTON LORAIN TOLEDO YOUNGSTOWN NORTHERN KENTUCKY EVENDALE CINCINNATI HEBRON 1,600 Associates {Brand Ambassadors!} 18,000 Beverages 740 Suppliers 2 Million Square Feet of Warehouse 300,000 Square Feet of Cooler Space Serving 26,000 Retailers throughout Ohio and Kentucky

EVERY ASSOCIATE KEEPS THE WHEEL TURNING The Associate Wheel shows how our departments are interconnected and turn towards the same goal while highlighting our core values helping us Thrive, Adapt and Lead the Way to be Our Customers’ #1 Choice.

OHIO H eart of It A ll T he Population Estimates 2018: 11.69 Million making it the 7th Largest State in the U.S. 51% are Female / 49% are Male 81.9% are White / 12.3% are African-American 21 Consumers: 8.5 Million Consumption Per Year of Approximately 105 Million Cases of Malt Beverages Ranked 7th in the U.S. Estimated 177 Breweries in Operation Ranked 12th in the U.S. (BA 2016 Stats) Ohio Produced Craft: 1.3 Million BBLs – or about 17.9 Million Cases* Ranked 4th in the U.S. *includes Boston Beer numbers

OHIO PRICING & DISCOUNTING Ohio is a Minimum Markup State on beer. Minimum markup is 25% at retail. No minimum markup at wholesale. All sales & purchases of alcoholic beverages by a retail licensee are COD. Post-Offs are legal. Chain notification typically requires 30-60 days. Ohio is an FOB Reduction state for price promotion. Scan-Backs and Quantity Discounts are not permissible. Instant Redeemable Coupons (IRCs) are permissible but cannot be tied to alcohol purchase. Mail-In Rebates (MIR) are legal if offered to all retailers and must be funded 100% by the manufacturer.

OHIO RULES & LAWS Beer can be sold in all types of retail outlets holding a permit. Ohio Beer Tax: Fortunately, there have been no recent attempts to increase the excise tax of 0.18 / gallon. On-Premise Sampling is permissible. (consumer product instruction or sample servings) Off-Premise Sampling is permissible only to holders of D-8 Permits. (generally limited to grocery and specialty beer stores) Line Cleaning must be done by retailer or third party company. Signs and Advertising Materials are permissible to consumers and retailers with restrictions. (consumer limit: 3 / retailer limit: 25 / glassware: 50 annually / off premise display items: 300 / neons, mirrors, banners, & signs may be provided free of charge)

HEIDELBERG BEER 10 Beer Sales Teams 22 Key Account Managers 54 District Managers 265 Sales Associates 10 Certified Cicerones 20 MBAA Beer Stewards 200 Certified Beer Servers 12 Draft Technicians TOLEDO in Ohio LORAIN YOUNGSTOWN We are Ohio’s LARGEST Beer Distributor – and the 14th Largest in the U.S.* COLUMBUS DAYTON *2017 Beer Business Daily {based on case volume} 3 Out of Every 4 Cases We Deliver is BEER CLEVELAND CINCINNATI In 2017. Delivered 24.3 Million Cases 17.3 Million CEs of Beer 7 Million 9L Cases of Wine/Spirits EVENDALE

BEER & AB BEER SALES DIVISION Al Vontz III Vail Miller, Sr Co-Chairman Co-Chairman Vail Miller, Jr CEO Nick Ducey Joe Noll VP Sales / AB InBev Pat O’Sullivan COO EVP / Chief Sales Officer Greg Michalec Senior VP Sales / Beer Todd Patterson Chris Emmons VP Sales / Beer Director of Craft Dan O’Hara Rob VanMetre DJ Homan Derek Kirschner Dan Diem Randy Cook Ian Husk Ryan Masters Paul Gause Nicole Rouhana GSM Cinti / AB GSM Dayton / AB GSM Cinti / OV GSM Cleveland GSM Columbus GSM Dayton GSM Lorain GSM Toledo GSM Youngstown 3 KAMs 3 KAMs 7 DMs 13 DMs 12 DMs 1 DM 4 DMs 6 DMs 2 DMs Corporate Craft Brand Manager 6 DMs 7 DMs 22 Sales Professionals 29 Sales Professionals 35 Sales Professionals 66 Sales Professionals 42 Sales Professionals 38 Sales Professionals 23 Sales Professionals 29 Sales Professionals 10 Sales Professionals

CINCINNATI 2 Divisions Serving 8 Counties: TOLEDO Adams / Brown / Butler / Clinton / Clermont / Hamilton / Highland / Warren Facilities LORAIN Cincinnati’s Anheuser-Busch InBev Division Serves Hamilton County Ohio Valley Beer in Evendale Serves All 8 Counties YOUNGSTOWN Estimated Population: 1,870,000 80% 15% 2% 3% COLUMBUS DAYTON White African-American Hispanic Other Hamilton County 43% of Cincinnati Market 2897 Accounts CLEVELAND CINCINNATI [ 1362 Off-Premise / 1535 On-Premise ] EVENDALE

CINCINNATI Office & Warehouse: Nearly 225,000 sq ft Cooler Space: 10,000 sq ft AB InBev Associates: 122 Operating 32 Delivery Routes Daily in Hamilton County Suppliers: [with market share] Anheuser-Busch 41% Constellation Beer 4.3% Yuengling 2.3% Overall Beer Market Share: 47.6% Annual Sales Volume: 3.8MM C/E Vice President & General Manager: Toby Coston Vice President of Sales / AB InBev: Nick Ducey General Sales Manager / AB InBev: Dan O’Hara DMs: 6 Craft DM: 1 Key Account Managers: 3 Sales Professionals: 22 Merchandisers: 5 On-Premise Promotions Coordinator: 1 Special Events Coordinator: 1 Draft Technician: 1

CINCINNATI EVENDALE Warehouse: 195,000 sq ft Cooler Space: 17,750 sq ft Associates: 170 Operating 32 Delivery Routes Daily to 8 Counties Top 5 Suppliers: [with market share] Pabst Brewing Co. 3.3% Heineken USA 2.5% Boston Beer Co. 2.3% Mark Anthony Brands 2.2% North American Breweries 1.5% Overall Beer Market Share: 14.8% Delivery Accuracy: 99.95% Average: 92 Cases Delivered / Hour Worked Product Loss Percentage: 0.17% of Sales Inventory Frequency: All Beer Products Twice a Month Vice President & General Manager: Brian Cunningham General Sales Manager, Beer Division: D.J. Homan DMs: 7 Craft DM: 1 Key Account Managers: 3 Sales Professionals: 35 Merchandisers: 5 On-Premise Promotions Coordinator: 1 Special Events Coordinator: 1 Draft Technician: 1 Beer Exclusive Team in 90% of Territory 3 Beer/Wine Sales Professionals in Rural Areas

2 Divisions Serving DAYTON Dayton, Springfield, and Surrounding Suburbs of TOLEDO 11 Counties: Facility LORAIN Auglaize / Champaign / Clark / Darke / Greene / Logan / Mercer / Miami / Montgomery / Preble / Shelby with parts of Fayette / Madison / Northern Warren Counties YOUNGSTOWN Anheuser-Busch InBev Division Serves 5 Counties: Champaign / Clark / Greene / Miami / Montgomery / with parts of Fayette / Madison Counties AOB Division Serves All 11 Counties plus Parts of 3 Counties COLUMBUS DAYTON Estimated Population: 1,200,000 80% 15% 2% 3% White African-American Hispanic Other Montgomery County 45% of Dayton Market 2054 Accounts [ 997 Off-Premise / 1057 On-Premise ] CLEVELAND CINCINNATI EVENDALE

DAYTON Office & Warehouse: Nearly 779,000 sq ft Draft Cooler Space: 32,000 sq ft 244,000 sq ft ClimateControlled Warehouse Maintained at 68 or Less Year-Round Associates: 315 Operating 51 Delivery Routes Daily Including 5 Draft Delivery Routes with Refrigerated Trailers Top 5 Suppliers: [with market share] Boston Beer Co. 2.1% Mikes 1.7% North American Breweries 1.2% Rhinegeist 1.0% Sierra Nevada 0.3% Overall Beer Market Share: 7.25% Delivery Accuracy: 99.96% Average: 46 Cases Delivered / Hour Worked Product Loss Percentage: 0.14% of Sales Vice President & General Manager: Chris Rammel General Sales Manager: Randy Cook DMs: 1 Key Account Managers: 1 Sales Professionals: 38 Merchandisers: 3 Special Events Coordinator: 1 Draft Technician: 1 7 Beer Exclusive Sales Professionals 31 Beer/Wine Sales Professionals

DAYTON Office & Warehouse: Nearly 779,000 sq ft Draft Cooler Space: 32,000 sq ft 244,000 sq ft ClimateControlled Warehouse Maintained at 68 or Less Year-Round Associates: 315 Operating 51 Delivery Routes Daily Including 5 Draft Delivery Routes with Refrigerated Trailers Vice President & General Manager: Chris Rammel Vice President of Sales / AB InBev: Top 2 Suppliers: [with market share] Anheuser-Busch 55% Yuengling 6% Overall Beer Market Share: 61.0% Annual Sales Volume: 6.1MM C/E Nick Ducey Senior Market Manager/Yuengling Brand Manager: Rob VanMetre DMs: 7 Craft DM: 1 Key Account Managers: 3 Sales Professionals: 29 Merchandisers: 5 On-Premise Promotions Coordinator: 1 Special Events Coordinator: 1 Draft Technician: 1

TOLEDO 1 Division Serving TOLEDO Toledo, Lima, Findlay and Surrounding Suburbs of Facility LORAIN 14 Counties: YOUNGSTOWN Allen / Defiance / Fulton / Hardin / Hancock / Henry / Lucas / Ottawa / Paulding / Putnam / Sandusky / Van Wert / Williams / Wood and a small section of Seneca County Estimated Population: 1,050,000 81% 10% 6% 3% White African-American Hispanic Other Lucas & Wood Counties 53% of Toledo Market 2092 Accounts [ 1015 Off-Premise / 1077 On-Premise ] CLEVELAND COLUMBUS DAYTON CINCINNATI EVENDALE

TOLEDO Office & Warehouse: Nearly 163,000 sq ft Cooler Space: 7,900 sq ft Associates: 125 Operating 25 Delivery Routes Daily Top 5 Suppliers: [with market share] Coors Brewing Co. 6.5% North American Breweries 2.9% Boston Beer Co. 2.5% Mark Anthony Brands 1.9% Heineken USA 1.8% Overall Beer Market Share: 15.5% Toledo Share: (Lucas & Wood Counties) 22% Delivery Accuracy: 99.97% Average: 56 Cases Delivered / Hour Worked Product Loss Percentage: 0.13% of Sales Vice President & General Manager: Tom McHugh General Sales Manager: Ryan Masters DMs: 6 Key Account Managers: 1 Sales Professionals: 29 Merchandisers: 3 Special Events Coordinator: 1 Draft Technician: 2 Beer Exclusive Sales Professionals Operate in Toledo Metro Area

COLUMBUS 1 Division Serving TOLEDO Columbus, Athens, Portsmouth and Surrounding Suburbs of Facility LORAIN 28 Counties: YOUNGSTOWN Athens / Belmont / Coshocton / Delaware / Fairfield / Fayette / Franklin / Gallia / Guernsey / Hocking / Jackson / Knox / Lawrence / Licking / Madison / Meigs / Monroe / Morgan / Muskingum / Noble / Perry / Pickaway / Pike / Ross / Scioto / Union / Vinton / Washington Estimated Population: 2,746,673 83.6% 11.3% 2.9% 2.2% COLUMBUS DAYTON White African-American Hispanic Other Franklin County 43% of Columbus Market 4402 Accounts [ 2050 Off-Premise / 2352 On-Premise ] CLEVELAND CINCINNATI EVENDALE

COLUMBUS Office & Warehouse: Nearly 165,000 sq ft Cooler Space: 7,900 sq ft Associates: 228 Operating 40 Delivery Routes Daily Top 5 Suppliers: [with market share] Constellation Beer 7.5% North American Breweries 2.1% Mark Anthony Brands 1.7% Ballast Point 0.2% Deschutes 0.2% Overall Beer Market Share: 8.7% Share in Franklin & Delaware Counties: 12.5% Delivery Accuracy: 99.84% Average: 49 Cases Delivered / Hour Worked Product Loss Percentage: 0.25% of Sales Vice President & General Manager: Greg Mauer General Sales Manager: Dan Diem DMs: 12 Craft Brand Managers: 1 Key Account Managers: 3 Sales Professionals: 42 Merchandisers: 3 Special Events Coordinator: 1 Draft Technician: 1 Beer Exclusive Sales Professionals Operate in Columbus Metro Area