Pro Forma Financials and Market Positioning slide image

Pro Forma Financials and Market Positioning

Nearly 100-Year Old Family Company with Tremendous Heritage Rich Heritage and Regional Expansion (1921-2011) National Scale Multi-Branded Snack Platform Created (2011-2019) Today 1920 1921 Founding by Bill and Salie Utz in Hanover, PA 1990s-2010 Geographic Expansion Throughout Northeast Estand Enpy UTZ'S HANOVER HomeBrand POTATO CHIPS 25 1940s-1960s - First Dedicated Manufacturing Plant (1947) and Expansion of Production Capabilities 2017 National Warehouse Distribution and DSD Transformation 1920s-1930s - Iconic "Little Utz Girl" Born QUTZ'S 1970s-1980s - Expansion into Other Salty Snack Sub-Categories, Including Pretzels and Cheese 2011-2019 - Rapid Geographic and Brand Portfolio Expansion Driven by Strategic M&A - Zapp in 2011 (South/Southeast) good health Even Golden Flake in 2014 (BFY) in 2016 (Southeast) BOULDER in 2017 (BFY/West) CONAGRA Snacks in 2019 (Pacific Northwest) Source: Management estimates. ⚫utz BRANDS SM 2020 Today - Largest Privately-Held Branded Salty Snack Company in the US - - 5+ million Pounds of Snacks per Week Reaching 75,000+ Retail Stores Across the Country 11
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