Report

Investor Presentation: Q1 2026

Summary

Andrew Peller Limited, Canada’s largest publicly traded wine producer, maintains a robust market position through a diversified portfolio of approximately 50 brands ranging from ultra-premium to value segments. The company operates across Canada with a significant asset base exceeding $500 million, encompassing over 600 acres of owned estates and vineyards in Ontario and British Columbia, alongside modern production facilities. With a history spanning 46 years of dividend payments, the organization focuses on sustained long-term value creation through operational efficiency, brand innovation, and the strategic monetization of non-core assets. Financial performance for the first quarter of fiscal year 2026 demonstrates positive momentum, with EBITA reaching $16.1 million, a 25.4% increase compared to the same period in the previous year. This growth was supported by a 400-basis-point expansion in margins, bringing the quarterly margin to 42.4% on $99.2 million in sales. These results follow a strong fiscal year 2025, which saw annual revenue of $389.6 million and a 25% year-over-year increase in EBITA. The company’s strategic priorities include achieving above-category revenue growth, further margin expansion, and reducing debt levels to a target range of 2.5x to 3.0x. The company leverages a national distribution network of over 11,000 points, including liquor boards, hospitality venues, and retail channels. Key growth drivers involve continued investment in premiumization, the expansion of "better-for-you" and craft beverage alcohol categories, and the development of wine-focused economic clusters. By integrating estate winery experiences—such as the highly visited Peller Estates and Trius—with a broad retail presence, the company aims to capitalize on the economic development potential of Canada’s primary wine regions while maintaining a disciplined approach to capital allocation and debt reduction.

From the report

Forward-looking Information Certain statements in this presentation may contain “forward-looking statements” within the meaning of applicable securities laws including the “safe harbour provisions” of the Securities Act (Ontario) with respect to Andrew Peller Limited and its subsidiaries. Such statements include, but are not limited to, statements about the growth of the business; its launch of new premium wines and craft beverage alcohol products; sales trends in foreign markets; its supply of domestically grown grapes; and current economic conditions. These statements are subject to certain risks, assumptions, and uncertainties that could cause actual results to differ materially from those included in the forward-looking statements. The words “believe”, “plan”, “intend”, “estimate”, “expect”, or “anticipate”, and similar expressions, as well as future or conditional verbs such as “will”, “should”, “would”, “could”, and similar verbs often identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance.

ate”, and similar expressions, as well as future or conditional verbs such as “will”, “should”, “would”, “could”, and similar verbs often identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. With respect to forward-looking statements contained in this presentation, the Company has made assumptions and applied certain factors regarding, among other things: future grape, glass bottle, and wine and spirit prices; its ability to obtain grapes, imported wine, glass, and other raw materials; fluctuations in foreign currency exchange rates; its ability to market products successfully to its anticipated customers; the trade balance within the domestic Canadian and international wine markets; market trends; reliance on key personnel; protection of its intellectual property rights; the economic environment; the regulatory requirements regarding producing, marketing, advertising, and labelling of its products; the regulation of liquor distribution and retailing in Ontario; the application of federal and provincial environmental laws; and the impact of increasing competition.

the economic environment; the regulatory requirements regarding producing, marketing, advertising, and labelling of its products; the regulation of liquor distribution and retailing in Ontario; the application of federal and provincial environmental laws; and the impact of increasing competition. These forward-looking statements are also subject to the risks and uncertainties discussed in the “Risks and Uncertainties” section and elsewhere in the Company’s MD&A and other risks detailed from time to time in the publicly filed disclosure documents of the Company which are available at www.sedarplus.ca. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties, and assumptions which could cause actual results to differ materially from the conclusions, forecasts, or projections anticipated in these forward-looking statements. Because of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. The Company’s forward-looking statements are made only as of the date of this presentation, and except as required by applicable law, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new information, future events or circumstances.

Canada’s largest publicly traded wine producer (TSX:ADW) Employees >1,600 Employees across >1,600the country Employees Employees across the country Leading ~50 Brands across key Brands categories from ultra Leading ~50 Brands across key Brands categories from ultrapremium to value Broad 10 Broad >11,000 10 Distribution Distribution points Channels Distribution points Channels available nationally High-Value ><sup>$</sup>500M Real estate portfolio Assets and inventory Assets Scale and $389M 46 years Financial $44 Strength TTM revenue of dividends TTM revenue of dividends

~50 International Domestic VQA Imports Blends Award-winning Peller Estates, Gretzky, Gray Monk, Neon Coast, Ama Bene brands across all Copper Moon, XOXO and and Black Hills and Vivo wine categories Honest Lot Gretzky leading Ontario VQA brand Owned Imports +29% nationally and consumer Peller Estates our flagship brand Gray Monk #1 White Wine BC VQA Vivo now distributed across all price points is #2 Nationally and #1 in LCBO brand English Canada Black Hills Note Bene #1 BC Ultra Premium Wine RAY MON PELLER ESTATES Family Vineyards EST|961 COPPER MOON VINO D'ITALIA vivo BLACKHILLS SANGIOVESE PINOT GRIGIO ESTATE WINERY CEOGRAFICA Bene Nota No RESERVA NEON XO 99 CHILE COAST PELLER XO HEO WNE VIM MOUOE XO SALC.VOL. 750 ESTATES XO MOONLIGHT HARVEST Waugar Mary Family Vineyards REAL FRUIT REAL FRUIT SHIRAZ GRAY MONK PINOT GRIGIO Cabernet Sauvignon sangria sangri VOA ENINSULA VOA CABERNET SAUVIGNON YERRL PINOT GRIGIO CANADIAN MADE. 13.0%aic./vol 750mL 23 1 AND EMACANIR INTERNATIONALLY WAYNE GRETZKYESYA RENOWNED PINOT GRIGIO PINOT GRIGIO PINOT NOIR 750ml 12.7

~50 Leader in Focus on growing BevAlch Innovation Better-For-You sparkling trend and Extensions Award-winning XOXO, Peller Family Trius Traditional Brut, Peller Gretzky Spirits and Creams, brands with Vineyards and Honest Lot Secco, and Gretzky Brut PJ’s Creams consumer- Honest Lot #1 growing APL brand Sparkling program growing +20% Gretzky Ice Storm vodka growing +20% focused #2 Wine Supplier for 14 brands and 34 skus across all #1 fresh cream producer in Canada innovation and Low Alcohol and 0 gram products value segments brand extensions TZKY ESTA rius grius rius Methodt Methode Methode Traditionnelle Traditionnelle No 99 Honest XO 99 ONTARIO Lo №o UREAM PU's PELLER Naturally XO CRAFT P ESTATES light WHISKY SOUR DISTILLERY Family Vineyards PINOT GRIGIO PREMIXED COCKTAIL CRAFT CREAM LIQUOR Light 8.0% ak.hol. CANADIAN CRAFT CRE WHISKY 200 g RFAMILY GRF CANADIEN ICE STORM PINOT GRIGIO PELLERFAMILY N 99 FOURGRAIN SUGAR SUCRE CCO PREMIUM VODKA 8% SECCO READY TO ENJOY · SERVE OVER ICE COLUMN-DISTILLED ORIGINA alc/vol BRUT ORIGINAL CREAM BRU BRUT 1.14L Jack 30% ale.vod. 1.14L17% alc/eal UBBLES 750m 17% atc/eal. BUBBLES PRODUCT OF CANADA 4 PARKLING WINE PRODUCT OF CANADA PRODUIT DU CANADA SPARKLING ROSE VGA CNTARIO VGA SPARKLING WINE CNTARIO VOA Wauae M MADE IN 11.0%alc./vol. grius Waygort CANAI rius orius VOA ONTARIOVOA VODKA BRUT A ONTARIO -VDA BRUT BRUT WAYNE GRETZK ESTATES 40% alc.ivol POA NUACARA PENINSUL GRETZKY AGABA FENINSULA VOR

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Format: PDF
Type: Report

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