Q3 2016 SALES 8 NOVEMBER 2016

RETURN TO SALES GROWTH IN Q3 2016: +1.9%

2

Q3 2016 Consolidated net sales: €104.3m +1.9%

Q3 YTD Consolidated net sales: €309.3m -2.5%

Near-term guidance and BiG 2018 objectives reiterated

MBWS Q3 SALES: RETURN TO A GROWTH TRAJECTORY

3

MBWS Total Business* MBWS Core Business

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

-7.4% -2.6% +1.9% -2.5%

-4.2% +1.4% +1.1% -0.3%

Q3 Sales Growth: • Driven by double-digit growth in Poland, the United States and solid

performance in Spain

• Non-core business contributed to sales growth in Q3

• Partially offset by a difficult competitive landscape in Lithuania, a temporary downturn in Brazil and the private label wine segment in France

* Excluding currency impact

FRANCE: GROWTH IN SPIRITS; WINE SEGMENT IMPROVING

4

Change in Volumes vs. 2015

Market Share

Market MBWS MBWS

France William Peel +1.3% +5.1% 24.5% Sobieski +1.6% +29.2% 14.7% Fruits and Wine -13.1% -10.1% 29.6%

Source : Nielsen YTD P10 2016

• Q3 net sales virtually flat, at -0.3% to €47.8m o Spirits generated top-line growth; driven by Sobieski and

William Peel o Wine segment sales improved sequentially o Moncigale is now 2nd largest AOP Provence rosé wine; sales

+8% YTD for first 9 months vs. year-ago, against a -3% drop in Provence rosé wine market.

o Private label wine business (which is less profitable) offset results of spirits, branded and flavored wine.

• MBWS largest contributor to value growth in the

spirits sector; market share gains across the portfolio o Sobieski gained 3.1 points of mkt share YTD o William Peel gained 0.9 points of mkt share YTD o Fruits and Wine continued to gain share despite effect of

weather on the category

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

-2.7% -4.9% -0.3% -2.8% France

SPAIN: ONGOING GROWTH ACROSS THE PORTFOLIO

5

• Q3 Top-line growth of 5.5% to €3.6m o Driven by robust growth in the branded wine segment o Strong growth in William Peel and Sobieski o Advertising and promotional campaigns drove growth in the pillar brands and

across the portfolio

• Re-launch of Marie Brizard in September positions the brand for growth acceleration in Q4

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

-7.9% +11.2% +5.5% +4.5% Spain

POLAND: KRUPNIK FLAVORED VODKA DRIVING GROWTH

6

• Q3 net sales increased 10.8% (excluding currency impact) to €13.5m o Driven by Krupnik flavored vodka o William Peel also growing dynamically in

an expanding category

• Krupnik flavored vodka has gained 0.3 pts of market share YTD, and now accounts for 7.7% of the brand’s total volume

• Poland non-core business grew 4.9% in Q3 2016

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

-14.1% +20.5% +10.8% +6.1% Poland Core

Change in Volumes

vs. 2015 Market

Share Market MBWS MBWS

POLAND Krupnik Clear +1.9% +1.0% 15.7% Krupnik Flavored Krupnik Total Brand

+5.0% +3.3%

+43.8% +4.7%

4.5% 13.1%

Source : Nielsen YTD P09 2016

BALANCE OF EASTERN EUROPE

7

• Sales contraction reflects pressure in the domestic vodka market, partially offset by robust growth in William Peel, Marie Brizard, Cognac Gautier and some of the local brands.

• The Lithuanian market is becoming increasingly complicated due to additional governmental restrictions on the purchase of alcohol and a growing public sector threat to control retail distribution.

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

+3.9% +2.4% -2.8% +1.1% Lithuania

Bulgaria: +57.2% top-line growth in Q3, driven by pillar brands

• Substantial gains in William Peel, Fruits and Wine, Marie Brizard and Sobieski. • Export market performed well.

Lithuania: Decrease in Q3 sales led by more complicated competitive landscape

USA: RETURN TO GROWTH DRIVEN BY RTM RE-ORGANIZATION

8

• Q3 Top-line growth of 11.3% (excluding currency impact) to €4.8m o Driven by pillar brands o Route-to-market: Regaining distribution focus post-merger of Southern & Glazers

• Fruits and Wine listed at Publix (3rd largest grocery chain in the United States)

• MBWS: among the fastest growing spirits suppliers to the on-premise segment*

o MBWS 12-month growth of 5.9%, compared to 1.7% total growth for the segment

* Nielsen CGA On Premise Measurement Service, at August 13, 2016

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

+10.4% -4.5% +11.3% +4.2% USA

BRAZIL: TEMPORARY DOWNTURN

9

Brazil sales decreased sharply due to the phasing of a price increase and promotional activity

• Sales decreased 43.7% in local currency to €0.6m • Decline was driven by pricing taken in early July, with consequent trade stocking in

late June/Q2, and by the phasing of holiday-related promotional activity to begin in October

• The Q3 volume decrease is expected to be recovered in Q4 2016

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

+1.5% +34.9% -43.7% +4.7% Brazil

NEAR-TERM GUIDANCE AND BIG 2018 OBJECTIVES REITERATED

10

2016 EBITDA

2018 Sales

2018 EBITDA margin

On the order of €20m*

€450m to €500m

15%

* Excluding the impact of IFRS Standard 2

APPENDICES

11

12

France

Poland Core

Lithuania

United States

Brazil

Others

Total MBWS Core

MBWS Non-Core Total MBWS

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

47.8

13.5

5.6

4.8

0.6

7.8

83.6

20.7 104.3

140.8

41.2

16.5

14.0

2.8

21.6

246.3

63.0 309.3

In mns of €

16.6

5.5

5.5

1.5

7.9

95.3

24.5 119.9

11.1

5.4

3.7

0.7

5.9

67.4

17.8 85.2

54.5 38.5

2016 YTD NET SALES BY COUNTRY

Spain 3.6 9.5 3.9 2.0

13

France

Poland Core

Lithuania

United States

Brazil

Others

Total MBWS Core

MBWS Non-Core Total MBWS

Q1 2016

Q2 2016

Q3 2016

Q3 YTD 2016

In %

2016 YTD NET SALES GROWTH BY COUNTRY

Spain

-2.7% -4.9% -0.3% -2.8%

-14.1% 20.5% 10.8% 6.1%

-4.2%

-17.5% -7.4%

1.4%

-14.8% -2.6%

1.1%

4.9% 1.9%

-10.2% -2.5%

-0.3%

3.9% 2.4% -2.8% 1.1%

-7.9% 11.2% 5.5% 4.5%

10.4% -4.5% 11.3% 4.2%

1.5%

-6.3%

34.9%

5.6%

-43.7%

-5.4%

4.7%

-1.9%

Organic growth, excluding currency effect