Warsaw, June 2018

Value increase in the alcohol market

Get to know AMBRA

AMBRA Group is a leading manufacturer,

importer and distributor of wines and other

alcohol beverages in the Central-Eastern

Europe.

Strong brands are the main source of the

Group’s growth: FRESCO, CYDR LUBELSKI,

ZAREA, CENTRUM WINA, CIN&CIN,

DORATO, EL SOL, PICCOLO, PLISKA are

leaders in the major categories of the

market.

The Group operates in Poland, the Czech

Republic, Slovakia and Romania.

2

3

Consumers both in Poland and in Europe increase spending on alcohol

beverages without increasing the volume of consumption.

Wine and whisky, which represent the premium range in the alcohol

market, are the most dynamically growing.

Alcohol market is the growing

value market

Main premium categories and segments growth is at over 8%, while other

categories not much above 1%.

4

Wine is the premium category in the alcohol beverages market.

Wine value grows dynamically. Many customers started from cheaper wines

purchased in discount stores and then moved to more expensive wines.

Average price of a wine bottle increased by 2,9% over the last five years.

The fastest growing price segment comprising the PLN 20-30 wines increased

by 22,5%. The economy segment decreased by 1 percentage point.

Wine market is getting premium

Wine market is and will be

growing

5

Despite its dynamic growth, consumption per capita in Poland is still one of

the lowest in Europe and will continue to grow in the years to come.

Source: AC Nielsen (data as at the end March 2018)

6,8%

+12,2%

+6,2%

Source: AMBRA S.A., www.wineinstitute.org

Social trends promote

premiumization

6

Social trends promoting the increase of wine consumption in Poland:

- Growing income per capita

- Increasing level of education

- Growing influence of women’s consumption decisions

- Development of tourism

- Changes in lifestyle

- Increasing tendency to purchase luxury goods

Strategy of the AMBRA Group

Our mission

ConsumerWe enrich lives of consumers by creating

valuable products. We support consumers in

love for wine and increase availability of products.

InvestorWe provide a stable return on invested capital

based on cash flow from growing brands

portfolio.

7

We create valuable products

Our DNA

• We focus on areas of high value potential

• We use constantly changing consumerneeds to create new products

• We are the leader – hence our higher

margins

8

Our products respond to needs:

Stop the boredom – we want to celebrate

Kids want to have fun too

Italian chic

Good taste and elegance

Natural and regional

99

We create valuable products

Our brands are leaders

101010

Leader in sparkling wines for 25 years

Leading brand in still wines

Originator and leader in „champagne” for

children

Leading brand in sparkling wines and

aperitif

Standard of Polish natural cider and

undisputed market leader

Dynamically growing leader of the sparkling

wine market in Romania

Poland's largest network of wine stores and

catering suppliers

We create valuable products

11

Almost half of the Group's sales are major brands – leaders of categories.

Major brands are growing faster than total sales of the Group and are a

main source of value.

OTHER – 51%

2014/2015 2015/2016 2016/2017 MAT Apr'18

52%50%49%

CAGR = 6,60%

CAGR = 6,82%

CAGR = 7,05%

BRANDS

OTHER

TOTAL

We create valuable products

Brands are our most important assets

49%

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We increase availability of products

We take advantage of the premiumization trend ensuring

availability of wines and premium spirits.

Wine stores

Centrum Wina

Catering

Centrum Wina

Wine 4 You

Over 5 mln people or 31% of the Polish

population drink premium wines (over PLN

20/bottle).

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Wine stores

CENTRUM WINA ensures its leading

position by:

• Increase of the wine stores

number from 26 to 30 by the end

of 2018

• Acquisition of new customers –

currently 130 thousand

• Constant development of the

wine offer range

• Growing range of whisky and

other spirits

We increase availability of products

We are a leading expert to satisfy the need for premium alcoholbeverages in Poland.

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Catering

CENTRUM WINA:

• Serves 1500 best restaurants

• Constantly develops the wine offer range

• Develops sales of whisky and other premium

spirits

We increase availability of products

We are a leading expert to satisfy the need for premium alcohol

beverages in Poland.

AMBRA – history of growth

1992 – establishment of AMBRA S.A.

1995 – leader of the sparkling wines segment

1997 – acquisition of the CIN&CIN brand

2005 – IPO and formation of the Group

2006 – leader of the still wines segment

2009 – leader of the wine store segment

2012 – CENTRUM WINA merged into AMBRA S.A.

2013 – CYDR LUBELSKI – creator and leader of the cider

segment in Poland

2015 – 10 years on the Warsaw Stock Exchange

2016 – 25th „birthday” of DORATO

2017 – highest dividend in the AMBRA Group history

2018 – positive cash position for the first time in the AMBRA

Group’s history

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We increase cash flows

Development of brands and innovative products contribute directly to

the growth of financial results.

Consolidated data in PLN million

* 2017/2018 annualized

Dividend / debt

Profitability

56,8

34,8

51,8 54,1

2014/2015 2015/2016 2016/2017 2017/2018 *

Operating cash flows

Growing net sales revenue

We provide stable return

on investment

17

14,9

19,116,0 16,5

26,0

19,0 17,9

23,1

0,30

0,40 0,40

0,430,45

0,500,52

0,60

0,00

0,10

0,20

0,30

0,40

0,50

0,60

0,70

0,0

5,0

10,0

15,0

20,0

25,0

30,0

2009/2010 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 2015/2016 2016/2017

net profit attributable to owners of the parent company (PLN million)

dividend per share (PLN)

AMBRA earned net profits of

almost PLN 200 million and

paid over PLN 90 million as

dividend to its shareholders

over 10 year since the IPO

(over 1/4 of current

capitalization).

AMBRA’s dividend yield is one

of the highest on the Warsaw

Stock Exchange – 5,29%.

The AMBRA Group's strategy assumes a further increase in dividends.

We provide stable return

on investment

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Return on investment in AMBRA increased over 200% in the last 10 years

as compared with WIG and WIG_SPOZYW indexes.

Contact us

www.ambra.com.pl

https://twitter.com/ambra_sa

ir@ambra.com.pl

k.koszarna@ambra.com.pl