MGP Overview and Strategic Focus Areas slide image

MGP Overview and Strategic Focus Areas

CONSOLIDATED FINANCIAL RESULTS THE COMPANY HAS DELIVERED RECORD RESULTS IN EACH BUSINESS SEGMENT Revenue (SMM) Adjusted Basic EPS¹ ($) $396 $363 2019 2020 $782 $627 $2.51 $2.27 2021 2022 2019 2020 Adjusted EBITDA¹ (SMM) $71 $59 $169 $141 2019 2020 2021 2022 26 Note: Financial results include Luxco results from April 1, 2021 (date of acquisition). ¹Non-GAAP measure; See appendix for GAAP to Non-GAAP Reconciliation $4.94 $4.26 2021 2022 MGP FY 2023 Guidance² Sales are projected to be in the range of $815 million to $835 million. Adjusted EBITDA³ is expected to be in the range of $192 million to $197 million. Adjusted basic earnings per common share³ are forecasted to be in the $5.50 to $5.65 range, with basic weighted average shares outstanding expected to be approximately 22.1 million at year end. 2 Guidance as of November 2, 2023. 3 Full year 2023 guidance measures of adjusted EBITDA and adjusted basic earnings per share are provided on a non- GAAP basis without a reconciliation to the most directly comparable GAAP measures because MGP is unable to predict with a reasonable degree of certainty certain items contained in the GAAP measures without unreasonable efforts. Such items include, but are not limited to, acquisition related expenses, restructuring and related expenses, and other items not reflective of MGP's ongoing operations.
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