TEMPLETON RYE AND FRATELLI BRANCA SIGN EXCLUSIVE DISTRIBUTION DEAL FOR ITALIAN MARKET AND DUTY FREE CHANNEL. Another major step forward in the International Roll out of the premium whiskey brand.

(MILAN -ITALY) ⎯ Templeton Rye Spirits has announced an exclusive distribution agreement with Fratelli Branca Distillerie for the distribution of the Templeton Rye American Whiskey Portfolio in Italy. Under the agreement Templeton Rye will be represented and distributed exclusively in Italy and in the duty free channel by Fratelli Branca. Shane Fitzharris, Executive Vice President of Global sales says “We are very excited to enter the Italian market with Templeton and start working with such a strong partner as Fratelli Branca. American whiskey is experiencing strong growth in Italy with the mixology movement around classic Rye cocktails going from strength to strength as well as the overall whiskey market maturing. With our strong partnership with Fratelli Branca now in place, we believe that together we are perfectly positioned to help drive the category further” Templeton Rye’s latest distribution agreement comes off the back of the official opening of the state of the art Templeton Distillery in Iowa in August 2018 coupled with the successful launch of the Premium American whiskey brand into International and EU markets where the brand has now entered 17 International countries in just over 10 months.

“We are honored and pleased to represent Templeton Rye on the Italian market and the duty free channel.” Confirms Patrick Piana, CEO of Fratelli Branca Distillerie. “Templeton has a legendary history and a strong and elegant personality, which we are sure will be immediately recognized and rewarded by Italian whiskey connoisseurs and its market, which is always more sophisticated and expert.”

Fratelli Branca Distillerie Fratelli Branca Distillerie is a family owned leading Italian company created in 1845 by Bernardino Branca. Under the leadership of Niccolò Branca, fifth generation of the family, the company has significantly extended its brand presence to more than 160 countries over the last 20 years. The company has a diverse portfolio of premium and luxury brands led by -Branca, Brancamenta , Carpano , Punt e Mes, Caffe Borghetti, Stravecchio Branca , Candolini and the luxury Vermouth Antica Formula by Carpano, the inventor of Vermouth.

About Templeton Rye

Templeton Rye Whiskey tracks back to the early 1920s when residents of the small town of Templeton distilled a much sought-after rye whiskey. That bootlegging enterprise, forced underground during the Prohibition era, nonetheless flourished during that period and the famous “Templeton Rye” becoming legendary. Re-introduced in 2006 the current Templeton Rye whiskey portfolio remains inspired by the entrepreneurial spirit of the original bootleggers. On August 7, 2018, Templeton Rye Spirits, LLC marked the beginning of a new chapter, highlighting a rich history with the community they call home with the opening of a 34,500 square-foot distillery, visitor center and museum in Templeton, Iowa. A $35 million project and a significant investment in the community of Templeton. Templeton Rye Whiskey is proud to bring the production of their legacy rye home.

Templeton Distillery Snapshot • 55,000 square-foot barrel aging warehouse that can store up to 54,000 barrels • Located on 20-acres of land just east of downtown Templeton • Produces up to 500,000 proof gallons of rye whiskey annually • Capability to produce all styles of American whiskey under one roof • Features stills imported from Forsyth’s in Scotland to produce the highest quality spirits • 28 employees, up 17 positions from previous staffing needs • Includes museum, visitor center and tasting room

Economic Impact • $35 million project, which includes a museum, visitor center and tasting room • Invested more than $1 million in the local economy • Donated $250,000 to the City of Templeton to build the Community Center, which was formerly a school • Utilized local contractors throughout Iowa for multiple aspects of the new distillery • Will attract thousands of visitors from across the country each year to further boost the economy in the region

Presso Contacts Fratelli Branca Distillerie Valentina Farolfi Tel. 02/85131 [email protected]

Presso Contacts Templeton Rye [email protected]