Kofola CescoSlovensko A.S.

Investor Presentation • Nov 22, 2023

Investor relations presentation Project Breweries

22 November 2023

Investment triangle

Newly established consortium of investors together with:

ÚSOVSKO a. s.

• A group of agricultural, food, commercial and industrial companies that employs 700 people. In agricultural activities, the companies of the concern farm 14,000 ha of land in the Olomouc Region.

and

RSJ Investment Group

• A group that manages a broad portfolio of long-term investments in the Czech Republic and abroad. It invests in defensive assets such as agricultural land, invests in the segment of mature companies in manufacturing, trade and services, and builds a growth portfolio through VC funds and their technology start-ups.

PIVOVARY TRIANGLs.r.o.

What do we purchase?

SPV PIVOVARY TRIANGL s.r.o. will acquire:

Pivovary CZ Group a.s. and

• FONTÁNA PCZG s.r.o.
• Transaction expected to be closed in 1Q 2024 (after approval by the Antimonopoly offices).

PIVOVARY TRIANGL s.r.o. 100% 100%

Pivovary CZ Group a.s. FONTÁNA PCZG s.r.o.

PivovaryCZ Group a.s.

• No 5 in Czech beer market
• Almost 500 employees
• Strong player in Central Moravian region Jeseníky – Haná - Slovácko

Key Rational – why we invest?

• Expansion of the Group into a new segment, portfolio diversification
• Beer is #1 category in FMCG CZ retail, #1 beverage category in CZ gastro
• Traditional local/regional brands Holba, Zubr, Litovel
• Export potential
• Debt free and well invested company
• Average annual production of 800K hl, max production capacity over 1M hl

Financial data

Sales 2022*

1,300 CZKm

EBITDA 2022*

250 CZKm

Expected Net debt/EBITDA ratio of Kofola Group after closing date

< 3

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Highlights and other information ABOUT PivovaryCZ Group

• 5 th largest brewery in the Czech market, c. 4% market share.
• Exceptional regional presence and reputation proved by strong local brands.
• World renowned local suppliers of malt, hops, own pristine water sources.
• Award winning product portfolio.
• Wide portfolio range.
• Independent and professional management.

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PhotoS

Contact

Should you have any question related to Kofola Group do not hesitate to contact our investor relations office:

Lenka Frostová

• investor@kofola.cz
• +420 735 749 576
• http://investor.kofola.cz/en

Kofola ČeskoSlovensko a.s. Nad Porubkou 2278/31A 708 00 Ostrava Czech Republic

Disclaimer

This presentation ("the Presentation") has been prepared by Kofola ČeskoSlovensko a.s. ("the Company").

The Company has prepared the Presentation with due care, however certain inconsistencies or omissions might have appeared in it. Therefore it is recommended that any person who intends to undertake any investment decision regarding any security issued by the Company or its subsidiaries shall only rely on information released as an official communication by the Company in accordance with the legal and regulatory provisions that are binding for the Company.

It should be also noted that forward-looking statements, including statements relating to expectations regarding the future financial results give no guarantee or assurance that such results will be achieved. The Board of Directors' expectations are based on present knowledge, awareness and/or views of the Company´s Board of Directors´ members and are dependent on a number of factors, which may cause that the actual results that will be achieved by the Company may differ materially from those discussed in the document. Many such factors are beyond the present knowledge, awareness and/or control of the Company, or cannot be predicted by it.

No warranties or representations can be made as to the comprehensiveness or reliability of the information contained in this Presentation. Neither the Company nor its directors, managers, advisers or representatives of such persons shall bear any liability that might arise in connection with any use of this Presentation. Furthermore, no information contained herein constitutes an obligation or representation of the Company, its managers or directors, its shareholders, subsidiary undertakings, advisers or representatives of such persons.

This Presentation was prepared for information purposes only and is neither a purchase or sale offer, nor a solicitation of an offer to purchase or sell any securities or financial instruments or an invitation to participate in any commercial venture. This Presentation is neither an offer nor an invitation to purchase or subscribe for any securities in any jurisdiction and no statements contained herein may serve as a basis for any agreement, commitment or investment decision, or may be relied upon in connection with any agreement, commitment or investment decision.