authentic ITALIANO gelato sorbet imported desserts WE CRAFT THE BEST INGREDIENTS INTO EXTRAORDINARY PRODUCTS

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1 authentic ITALIANO gelato sorbet imported desserts WE CRAFT THE BEST INGREDIENTS INTO EXTRAORDINARY PRODUCTS

2 Our Promise is to provide the most Authentic Gelato while gifting smiles and happiness to all people we are blessed to serve. We proudly prove time after time to deliver excellence and to be the perfect partner, offering and consistently delivering seamless development from Ideation to Shelf. It is our Passion to always craft the best ingredients into extraordinary products For You For all true Lovers of Gelato!

3 THE AMERICAN DREAM Guido Tremolini and Simona Faroni moved from Italy to Northwest Florida in 1996 with the goal of introducing authentic Italian gelato to the U.S. Market. Started with a facility less than 1,000 sq.ft. Begun foodservice distribution. 26,000 square foot facility. Gelato & Sorbet product lines on the retail market. Yogurtiamo Frozen Yogurt and Soft Serve Division Facility expansion, partialsystem automation & increased capacity. Purchased additional land for expansion. Launched additional packaging options. Added capacity & system automation TODAY, WE ARE THE LEADERS IN FOODSERVICE AND RETAIL PRIVATE LABEL.

4 AUTHENTICITY IS OUR PROMISE In 1997, G.S. Gelato became The First Company in United States to import authentic equipment from Italy and receive The First Wholesale License from both FDA and Department of Agriculture. Our gelato is crafted using original family Recipes, Ingredients and Flavorings from Italy, along with carefully sourced prime products from around the world. We manufacture the most authentic gelato in the U.S. by following every step of this time Honored Italian Tradition. OUR GELATO IS: No Trans Fat rbgh Free No artificial flavors or colors Creamy and rich Most flavors Gluten Free Twice as dense as ice cream OUR SORBET IS: 100% Fat Free and Dairy Free All flavors Gluten Free Vegan Made with real fruit Natural ingredients No artificial colors or flavors

5 ACHIEVEMENTS G.S. Gelato is one of the fastest growing private companies in the United States. G.S. Gelato is honored to produce award-winning flavors for our private label retail customers. Winners in the 2018 World Dairy Expo Product Championship! G.S Gelato was selected as one of Florida's top 50 companies to watch (2018) Simona Faroni won Innovation Award in Top Woman in Store Brands. (2017) G.S. Gelato s Mango Candito Sorbet received Gold from Store Brands Editors' Pick Awards (2018) Simona received the Enterprising Women of the Year award for her dedication to outstanding female leadership and service to the community. (2016)

6 Company Revenue PROGRESS Consecutive growth for over 20 years 32.03% 53.11% 53.05% 5.5% 48.16% 22.2% 2.55% 27.75% 24.91% 78.75% 16.91% G.S. Gelato is expected to double its growth within the next three years.

7 MANUFACTURING PLANT SQF Level 3 certification for 6 years in a row! Passed Testing Standard Plate Count Currently operating a 26,000 square foot state-of-the-art facility in Fort Walton Beach, FL, utilizing 70% factory capacity. Total processing capacity: 1.3 million gallons per year. Excellent rating score for the annual Safe Quality Food (SQF) 2000 Level 3 recertification, the highest rating possible. Recognized by The Global Food Safety Initiative, this certification ensures the maximum level of quality, safety and traceability in all of our products. Meticulous quality control and monitoring ensure the integrity of our production. Continuous testing and supervision guarantee all steps of manufacturing are above industry standards. Coliforms Mold Yeast Coagulase Positive Staphylococci Salmonella (Hold required while testing) Target <5000 cfu/g <10 cfu/g <10 cfu/g <10 cfu/g <10 cfu/g Absence L. Monocytogenes (Hold required while testing) Absence USDA Organic, Gluten & Dairy-Free Products Available

8 RELATIONSHIPS FOODSERVICE RETAIL

9 FORGING THE BEST PARTNERSHIPS G.S. Gelato is your Authentic Italian gelato manufacturer in the U.S. Made by imported Italians who know the market and live & breathe artisan gelato. VERSATILE UNIQUE EFFICIENT SAFE Artisan gelato made in the U.S. with Italian equipment, ingredients, recipes. Full R&D capabilities; quick adaption to market trends. Clean label, traditional, organic, gluten free solutions. Exclusive use of IML and PET packaging. BPA-free options. Extremely limited packaging liability. Short lead times. Timely response and prompt action. Full logistics support / management. Full traceability of all products. Full compliance with USDA and FDA regulations. SQF Level 3 continuous recertification. ARTISAN ITALIAN GELATO MADE IN THE USA

10 GELATO DATA Gelato & Dairy Alternatives have become the evolution within the ice cream industry. Gelato is the biggest sub-category (5.7%) after Ice-cream category. Gelato retail sales grew from $11 million in 2009 to approximately $1 billion in TOP-5 Gelato Flavors in 2018 $$ Share Caramel Cookie Crunch 8.8% Mediterranean Mint 6.5% Sicilian Pistachio 6.2% Vanilla Caramel 6.0% Caramel Sea Salt 5.9% As the Italian Gelato Manufacturer in U.S., we provide unique advantage to our clients. Sharing market data and adapting to trends, we remain on the cutting edge of innovation as trusted partners, offering the best product with great value. Data is provided by: Nielson Corporation: Reports from ; Mintel Report-Ice-Cream-US April 2017

11 OUTLOOK TO THE FUTURE Global TrendWheel identifies the key consumer drivers expected to influence shopper behavior. 1. Shifting Demographics. Major shifts in the world s population, such as growth and decline in different region, changes in household composition and shifts in economic growth will create new and different consumer markets. 2. Price, Quality & Personal Values. Consumer attitudes toward spending are shifting beyond price to a quest for alignment with personal values. 3. Surprise & Delight to Escape. Consumers are looking for products, services and experiences that provide a temporary respite from the pressures of daily living. 4. Health& Wellness. No longer just a concern of a core consumer group, Health and Wellness has become the modern lifestyle and has evolved beyond food and alternative medicine. Data based on: The Global TrendWheel : Daymon s proprietary futures forecasting tool that identifies, defines and tracks the evolution of global consumer behavior

12 WE LISTEN. WE ACT. WE IMPLEMENT. SEAMLESS DEVELOPMENT FROM IDEATION TO SHELF PACKAGING & SERVICES Assistance in packaging design and development Customized packaging options available in sizes, from 3.5 oz. to 3 gallon. Full logistics and distribution management. RESEARCH & DEVELOPMENT Our expert R&D department quickly adapts to a rapidly evolving market with full access to trends from around the world and freedom to formulate any product for any client. On the cutting edge of innovation with respect to ingredients, technologies, and flavors. Custom flavor creation including LTO. Continuous education on regulatory matters (USDA, FDA, Organic etc.).

13 Packaging options Offer authentic Italian gelato, sorbet and frozen yogurt. Item Mini Pint PET Pint Scround Clear Jar Round Tub 5-Ltr Style Pan Yogurt/Soft Size 3.5 fl.oz. 16 fl.oz. 16 fl.oz. 30 fl.oz. 48 fl.oz 145 fl.oz. 143 fl.oz. 128 fl.oz. Category Retail / Foodservice Retail Retail Retail / Club Retail / Club Foodservice Foodservice Foodservice Items/Case Cases/Pallet TI x HI 15 x x x x 14 7x x 7 9 x x 5 Gross Pallet Weight Frozen Shelf Life 1,469 1,537 1,657 1, ,898 1,613 2, Mos. 18 Mos. 18 Mos. 18 Mos. 18 Mos. 18 Mos. 18 Mos. 18 Mos.

14 FLAVORS GELATO Bananas Foster Caramel Cookie Crunch Caramel Sea Salt Double Dark Chocolate Espresso Chocolate Chunk Italian Amaretto Dark Cherry Italian Mint Mint Chocolate Chip Peach Guava Raspberry Cheesecake Sicilian Pistachio Southern Roasted Pecan Tahitian Vanilla Bean Tiramisu Toasted Coconut Triple Chocolate Vanilla Caramel White Chocolate Cherry White Chocolate with raspberry swirl SORBET Blood Orange Blood Orange Siciliano Blueberry Pomegranate Forest Berry Lemon Sicilian lemon Zest Limoncello Mango Mango Candito Summer Raspberry Wild Strawberry DAIRY-FREE FOZEN DESSERTS Caramel Sea Salt Cookie NO Cream Chocolate Mint Chocolate Tahitian Vanilla SEASONALS Apple Crumble Gelato Cherry Cobbler Gelato Pumpkin Pie Gelato Sweet Potato Marshmallow Gelato White Peppermint Bark gelato

15 GRAZIE MILLE THANK YOU

authentic ITALIANO gelato sorbet imported desserts WE CRAFT THE BEST INGREDIENTS INTO EXTRAORDINARY PRODUCTS

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