Ingredient Solutions Sales Expansion slide image

Ingredient Solutions Sales Expansion

DISTILLING SOLUTIONS FOUR STRATEGIES TO CONTINUE DELIVERING LONG-TERM GROWTH WITHIN THE DISTILLING SOLUTIONS SEGMENT Distilling Solutions Growth Strategy 1. Focus on Strategic and Targeted Craft Customers For New Distillate and Aged Whiskey Sales 2. Further Develop the Export Market For Long-Term Growth of Our Aged Business 3. Build out a Kentucky Whiskey Program 4. Focus on White Goods Optimization to Enhance Margins Distilling Solutions Gross Profit Ladder Brown MGP White Goods: Gin Brown Goods: New Distillate Goods: Aged Whiskey Industrial Alcohol White Goods: Vodka Whiskey Gross Profit American Whiskey is Underdeveloped Outside U.S. Exports expected to be a key driver of long-term growth, particularly in the European Union 2021 American Whiskey S.O.M. of Total Whiskey 46% 2022 Total American Whiskey Exports (~$1.3B) 8 14% ROW EU $716MM $566MM In U.S. Rest of World Note: Data sourced from Distilled Spirits Council, USITC Dataweb and Impact.
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