Subject to Completion of the Acquisition, Australian Whisky

PORTFOLIO OF WHISKY INVESTMENTS

Presented by CHRIS MALCOLM Consultant

November 30, 2016 For personal use only use personal For

1 AUSTRALIAN WHISKY HOLDINGS LIMITED 31 % of LARK

NOW

AUSTRALIAN WHISKY HOLDINGS LIMITED HOLDS 38.5 % of LARK

AUSTRALIAN WHISKY HOLDINGS LIMITED WISHES TO INCREASE

ITS SHARES IN LARK For personal use only use personal For

2 BRAND ARCHITECTURE:

THE COMPANY

TOURS (FUTURE) CELLAR DOOR TOURS For personal use only use personal For

Lark Distillery For personal use only use personal For

LARK DISTILLERY For personal use only use personal For Founded by Bill Lark 1992 The first and original Australian whisky distillery

LARK BAR – HOBART For personal use only use personal For

LARK PRODUCTS For personal use only use personal For

7 Overeem Distillery

Founded by Casey Overeem 2007

Rare boutique whisky For personal use only use personal For

OVEREEM DISTILLERY For personal use only use personal For

OVEREEM PRODUCTS For personal use only use personal For

OVEREEM COLLATERAL For personal use only use personal For

Forty Spotted Gin For personal use only use personal For

FORTY SPOTTED PRODUCTS For personal use only use personal For

13 LARK IS BUILDING A NEW DISTILLERY 2017 WITH NEW COPPER STILLS

OVEREEM IS MOVING LOCATION AND BUILDING A NEW DISTILLERY WITH NEW COPPER STILLS 2017

OLD LARK DISTILLERY BEING REFURBISHED FOR

DEDICATED FORTY SPOTTED GIN For personal use only use personal For

14 AUSTRALIAN WHISKY HOLDINGS LIMITED HAS SHARES IN REDLANDS DISTILLERY

AT KEMPTON, TASMANIA For personal use only use personal For

NANT DISTILLERY/ESTATE For personal use only use personal For

16 HISTORY OF NANT • Nant is located in the Central Highlands of Tasmania, 1000 ft above sea level • Edward Nicholas was first settler in the region in 1821, followed by Bothwell in 1822 • He chartered The Grace and spent three months travelling, settling in Bothwell • As the son of a miller he brought his own mill with him on the voyage

For personal use only use personal For including the French Burr mill stones, still in operation today

17 HISTORY OF NANT cont’d • Mill stones were found 200 years later at the bottom of mill pond during restoration they are now the only water powered flour mill still in commercial operation in Australia • By the early 19th century there were 16 whisky distilleries in Tasmania until Governor John Franklin shut them down and Australia didn’t

start producing whisky again for another 150 years in 1991 For personal use only use personal For

18 NANT ESTATE TODAY • The farm complex at Nant contains 13 heritage listed buildings all built by convict labour and sandstone that has been quarried off the estate • Very big tourism opportunity • Distilling started in 2008 at the Nant Estate

• The first Nant bottling was in 2010, 300 bottles out of Blood Tubs For personal use only use personal For

19 NANT ESTATE TODAY cont’d • Between 2013 and 2016 Nant has received more than 10 Gold and Silver awards for its whisky varieties from the World Spirit Awards & China Wine and Spirit Awards Pinot Noir Cask 43% Gold – 2016 China Wine and Spirit Awards Silver – 2015 World Spirit Awards Port Cask 43% Silver – 2016 China Wine and Spirit Best Value Awards Silver – 2015 World Spirit Awards Silver – 2013 China Wine and Spirit Awards 92.5 Points – Jim Murray’s Whisky Bible Sherry Cask 43% Gold – 2016 China Wine and Spirits Best Value Awards Gold – 2015 World Spirit Awards

For personal use only use personal For Bourbon Cask 43% Double Gold – 2016 China Wine and Spirit Best Value Awards

20 NANT ESTATE TODAY cont’d Pinot Noir Cask 63% Double Gold – 2016 China Wine and Spirit Best Value Awards Port Cask 63% 94 Points ‘Liquid Gold’ – Jim Murray’s Whisky Bible Silver – 2013 China Wine and Spirit Awards Sherry Cask 63% Double Gold – 2016 China Wine and Spirit Best Value Awards Gold – 2013 China Wine and Spirit Awards 86.5 Points – Jim Murray’s Whisky Bible Bourbon Cask 63%

95.5 Points – Jim Murray’s Whisky Bible For personal use only use personal For

21 WHISKY • The Nant water comes from the Central Plateau of Tasmania which is made up of 3000 lakes • Nant uses traditional copper pot distillation methods and timber wash backs • Nant is the only distillery in the Tasmanian Highlands of its kind • Due to the smaller barrels Nant uses and the fluctuation of temperature from -12 to 30 degrees in a year 4-5 year old Nant

For personal use only use personal For whisky can be much like a 10-18 year old whisky from Scotland

22 WHISKY cont’d • The Nant Bourbon casks are from Kentucky, Port casks from Portugal, Sherry casks from Spain and Pinot Noir casks from Tasmania • Subject to completion of the acquisition, Australian Whisky Holdings Limited will commission another increased capacity distillery in 2017 on the Nant site using the two Scottish made copper stills we

will acquire For personal use only use personal For

NANT DISTILLERY, BOTHWELL For personal use only use personal For

24 Terry Cuthbertson gave me my own office at Nant Whisky, Bothwell’s…….. Thank you Terry

There is discussion and opportunity of onsite accommodation if I provide my own swag For personal use only use personal For

25 However we do have access to Tasmania’s first self-flushing toilet built of sandstone

Celebration Dinner For personal use only use personal For

The Nant Estate is stunningly beautiful and there is huge tourism opportunity for the future For personal use only use personal For

27 For personal use only use personal For

Nant Copper Still For personal use only use personal For

Australian Whisky Holdings Limited first Nant barrels For personal use only use personal For

Australian Government Australian Tax Office Manufacturers Licence No 11847 30 FUTURE • Australian Whisky Holdings Limited wants to increase its share in the Lark group • Australian Whisky Holdings Limited wants to acquire brands in the whisky space • Australian Whisky Holdings Limited wants to invest in other whisky and spirit distilleries • Australian Whisky Holdings Limited will distribute these products to Australia and into Asia for our group and any other interested parties CHRIS MALCOLM 0401 693 261 LARK WHISKY OVEREEM WHISKY FORTY SPOTTED GIN REDLANDS DISTILLERY

NANT WHISKY For personal use only use personal For AUSTRALIAN WHISKY HOLDINGS LIMITED