Pro Forma Financials and Market Positioning slide image

Pro Forma Financials and Market Positioning

Utz Consistent Sales Growth Even During Economic Downturns 2001-2019(3) CAGR Total 8% Organic (2) 4% Recession $216 $222 $228 Net Sales ($ in millions) (1) Recession $398 $403 $359 $318 $290 $266 $254 $707 $656 $618 $559 $535 $513 $468 $772 COVID-19/ Recession $866 I Q1 2020 YOY 2001 2002 2003 I 2004 2005 2006 2). Based on management estimates for growth excluding acquisitions. (3) 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 1). Source: Internal financials. Figures for 2001-2019 represent Net Sales. 3). 2019 pro forma for the full year impact of Conagra Snacks and Kitchen Cooked acquisitions. Periods prior to 2019 are actual. 4). Represents growth over the comparable pro forma Q1 2019 net sales, including the impact of the Conagra Snacks and Kitchen Cooked acquisitions. See pages 30 and 40. utz SM BRANDS Growth +12%(4) 9
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