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Investor Presentaiton

Disclaimer CORBY This document contains references to non-GAAP financial measures, such as EBITDA, which the Company believes can enhance a reader's understanding of its financial performance and assessment of its operating performance. Non-GAAP financial measures do not have any standardized meaning prescribed by GAAP and therefore, these measures and the Company's actual calculation of the non-GAAP measures may vary from the calculations of others in its industry or those who are assessing its financial performance. EBITDA is equal to earnings before interest, taxes, depreciation, and amortization. Non-GAAP measures should not be considered as alternatives to net income (loss), operating income and other performance measures derived in accordance with GAAP, as measures of operating performance or operating cash flows or as measures of liquidity. Dollar figures in this document are presented in the Canadian Dollar (C$). Readers should not construe the contents of this presentation as legal, tax, regulatory, financial or accounting advice and are urged to consult with their own advisers in relation to such matters. Additional information about Corby, including audited consolidated financial statements and related MD&A, its unaudited interim consolidated financial statements and related MD&A and its Annual Information Form are available on SEDAR at www.sedar.com. Readers should not rely on parts of the information contained in this presentation to the exclusion of others. The Company has not authorized anyone to provide readers with additional or different information. Market and Industry Data: Corby has obtained any market and industry data and other statistical information presented in this presentation from Euromonitor, International Wine and Spirit Research, Association of Canadian Distillers, LCBO and other third-party information. Such third- party publications and reports generally state that the information contained therein has been obtained from sources believed to be reliable. Although Corby believes these publications and reports to be reliable, it has not independently verified the data or other statistical information contained therein, nor has it ascertained the underlying economic or other assumptions relied upon by these sources. Corby has no intention and undertakes no obligation to update or revise any such information or data, whether as a result of new information, future events or otherwise, except as required by law. Financial Information: Corby financial information is prepared using International Financial Reporting Standards ("IFRS") as prescribed by the International Accounting Standards Board. Ace financial information is prepared using GAAP. 3
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