Purcari Wineries

Public Company Limited

BVB: WINE

Corporate Presentation 9M 2022 Results

16th of November 2022

Disclaimer

THIS PRESENTATION IS MADE AVAILABLE ON THIS WEBSITE BY PURCARI WINERIES PUBLIC COMPANY LIMITED (the Company) AND IS FOR INFORMATION PURPOSES ONLY.

This presentation and its contents do not, and are not intended to, constitute or form part of, and should not be construed as, constituting or forming part of, any actual offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares issued by the Company and its subsidiary undertakings (the Group) in any jurisdiction, or any inducement to enter into any investment activity whatsoever; nor shall this document or any part of it, or the fact of it being made available, form the basis of an offer to purchase or subscribe for shares issued by the Company, or be relied on in any way whatsoever.

No part of this presentation, nor the fact of its distribution, shall form part of or be relied on in connection with any contract for acquisition of or investment in any member of the Group, nor does it constitute a recommendation regarding the securities issued by the Company, nor does it purport to give legal, tax or financial advice. The recipient must make its own independent assessment and such investigations as it deems necessary.

The information herein, which does not purport to be comprehensive, has not been independently verified by or on behalf of the Group, nor does the Company or its directors, officers, employees, affiliates, advisers or agents accepts any responsibility or liability whatsoever for / or make any representation or warranty, either express or implied, in relation to the accuracy, completeness or reliability of such information, which is not intended to be a complete statement or summary of the business operations, financial standing, markets or developments referred to in this presentation. No reliance may be placed for any purpose whatsoever on the information contained in this presentation. Where this presentation quotes any information or statistics from any external source, it should not be interpreted that the Company has adopted or endorsed such information or statistics as being accurate. Neither the Company, nor its directors, officers, employees or agents accepts any liability for any loss or damage arising out of the use of any part of this material.

This presentation may contain statements that are not historical facts and are "forward-looking statements", which include, without limitation, any statements preceded by, followed by or that include the words "may", "will", "would", "should", "expect", "intend", "estimate", "forecast", "anticipate", "project", "believe", "seek", "plan", "predict", "continue", "commit", "undertake" and, in each case, similar expressions or their negatives. These forward- looking statements include all matters that are not historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company's control, and relate to events and depend on circumstances that may or may not occur in the future, which could cause the Company's actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements included herein are based on numerous assumptions and are intended only to illustrate hypothetical results under those assumptions. As a result of these risks, uncertainties and assumptions, you should in particular not place reliance on these forward-looking statements as a prediction of actual results, or a promise or representation as to the past or future, nor as an indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared or the information or statements herein are accurate or complete. Past performance of the Group cannot be relied on as a guide to future performance. No statement in this presentation is intended to be a profit forecast. This presentation does not purport to contain all information that may be necessary in respect of the Company or its Group and in any event each person receiving this presentation needs to make an independent assessment.

This presentation contains references to certain non-IFRS financial measures and operating measures. These supplemental measures should not be viewed in isolation or as alternatives to measures of the Company's financial condition, results of operations or cash flows as presented in accordance with IFRS in its consolidated financial statements. The non-IFRS financial and operating measures used by the Company may differ from, and not be comparable to, similarly titled measures used by other companies.

The information presented herein is as of this date and the Company undertakes no obligation to update or revise it to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.

The distribution of this presentation in certain jurisdictions may be restricted by law and persons who come into possession of it are required to inform themselves about and to observe such restrictions and limitations. Neither the Company, nor its directors, officers, employees, affiliates, advisers or agents accepts any liability to any person in relation to the distribution or possession of the presentation in or from any jurisdiction.

Investments in the Company's shares are subject to certain risks. Any person considering an investment in the Company's shares should consult its own legal, accounting and tax advisors in order to make an independent determination of the suitability and consequences of such an investment.

Page 2

Today's presenters

Victor Bostan

Chief Executive Officer,

Founder

Eugen Comendant

Victor Arapan

Eugeniu Baltag

Vasile Tofan

Chief Operating Officer

Chief Financial Officer

Investor Relations Manager

Chairman of the Board

  • Founder of the Group, since 2002.
  • Over 35 years of experience in the wine industry.
  • Built one of the largest wine companies in RU, exiting in 2002.
  • Degree in Wine Technology from the Technical University of Moldova.
  • Speaks FR, RO, RU.
  • Over 15 years of experience in management in Western Europe and Middle East.
  • Previously held positions in Virgin Mobile, ACN in senior Business Development, Sales, and Marketing roles.
  • BBA degree from HES Amsterdam University of Applied Sciences
  • Speaks EN, RO, RU, NL, FR.
  • Over 20 years of experience in banking, audit and corporate finance.
  • More than 10 years of experience in wine making companies.
  • Previously held positions in PWC and Acorex Wineries.
  • Degree from International Management Institute, Faculty of Banking and Stock Exchange.
  • Speaks EN, RO, RU.
  • Over 15 years of experience in financial management and internal audit.
  • Previous held positions in: Transoil, Orange and PWC.
  • Degree from the Academy of Economic Studies.
  • Speaks EN, RO, RU.
  • Over 15 years experience in FMCG
  • Senior Partner at Horizon Capital, with focus on investments in Consumer Goods and Technology sectors.
  • Previously held positions in: Monitor Group, Philips
  • MBA from Harvard Business School, Master of Science in Public Management from Erasmus University Rotterdam
  • Speaks EN, RO, RU, FR,
    NL

Page 3

Today's agenda

  1. Purcari Wineries Group Key Info
  2. 9M 2022 Operational Results
  1. M&A Update
  2. Guidance 2022
  3. Purcari Wineries Stock

Negru de Purcari 2019

Nominated by Caroline Gilby, Master of Wine, for the Decanter Magazine, Wines of the Year 2021: The Top Classic Wines, with a score of 93 pts.

4.4 score on Vivino, ranked among the top 1% wines globally

Page 4

1 Purcari Wineries Group at a glance

Leading wine player in Central and Eastern Europe...

Founded in 1827 by French colonists, Purcari group is now...

#1 World's most awarded winery in 2021.

#1

Most awarded CEE winery of the year in 2015-2021 at Decanter

London, "Wine Olympics".

#1 Best premium wine brand in Romania, Moldova.

#1 Fastest growing large winery in CEE.

#1 Largest exporter of bottled wine from Moldova.

top 1,450+ hectares of prime vineyards, top production assets.

Listed on Bucharest Stock Exchange, with reputable shareholders

top alongside founder, Victor Bostan: Horizon Capital, Fiera Capital, Conseq, East Capital, Paval Holding and Norges Bank etc.

… with a strong & expanding regional footprint

Geographical breakdown of sales in value terms, 9M 2022, %

RO

MD

PL UA CN Other

8% 1%

52%

22%

5%

9%

3%

CZ+SK

Located in a region with one of the richest wine heritages

Top 10 European countries by area under vines, kha

969

#1

CEE

#4

Europe

793

705

Newly

338

added

192

147

106

103

92

69

66

191

ES

FR

IT

RO+MD

PT

GR

DE

RU

HU

BG

7 production sites and 6 brands, covering a broad spectrum of segments…

Source: Company Information, FAOSTAT, OIV, Decanter, the Ministry of Finance of Romania, Nielsen

Page 5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Purcari Wineries pcl published this content on 15 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2022 07:10:09 UTC.