Investor Presentaiton

Beverages business BEVERAGE BUSINESS WORKING CAPITAL DYNAMICS IMPROVING WC RATIO -2ppts NWC as a % of sales 37% 37% 35% 32% 32% 2018 2019 2020 H1 2020 H1 2021 Inventory turnover GEORGIA CAPITAL HEALTHY INVENTORY TURNOVER AT 1.8X - 2.0X +0.3x -0.2x 1.9x 2.0x 1.8x 1.8x 1.6x 2018 2019 2020 H1 2020 H1 2021 123

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