Investor and Analyst Day Presentation

- North America Route Based Services Ability to Execute Accretive M&A to Fuel Growth and Build Scale Strategic Acquisition of Crystal Rock Holdings, Inc Cott announced that it has entered into a definitive agreement pursuant to which it will acquire Crystal Rock Holdings, Inc. a 100 year old direct-to-consumer home and office water, coffee, filtration and office supply service delivery business serving customers throughout New York and New England. Cott Crystal Rock™ WATER COFFEE OFFICE SUPPLIES SINCE 194 Crystal Rock Vermont Pure cool beans Crystal Rock Office- CORRES The transaction, which values Crystal Rock at approximately $35 million, was unanimously approved by both the Cott and Crystal Rock Boards of Directors and is expected to close at the end of Q1 2018, subject to completion of the tender offer and other customary closing conditions. The Company bottles and distributes natural spring water under its Vermont Pure® brand, and bottles and distributes purified water with minerals added under its Crystal RockⓇ label and also distributes coffee (under its own Cool Beans® brand), other office refreshment products, ancillary products, and office products. 2001an Five bottling facilities (2 outsourced) and 12 distribution centers. Ottawa Cornwall Montreal Sherbrooke Procks lie Barrie Peterborough durlington Kingston Broaitin Allon Watertown VERM Toronto ford Hamilton Rochester Buffale Syracuse MOY NAPPALACHIAN Lenit NEW HAMPSHIRE aratoga Springs mas NEW YORK Albany Parma Rochester Manchester Lowell Ithaca Ene Jamestow Boston Binghamton Chicopee Providence Water 1 Scranton cungstown Hazleton PENNSYLVANIA Bridgeport New York RHODE ISLAND Pro forma revenue forecast of approximately $50M as the company has been deemphasizing various low margin non-core products. Expected to generate $2 to $3 million synergies through 2019 driving a post synergy EBITDA multiple of around 5.0x. Source: Cott Management. 33 333

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