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

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

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 Spoon. It is our Passion to always craft the best ingredients into extraordinary products For You For all true Lovers of Gelato!

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. 1996 1998 2008 2009 2011 Facility expansion, partialsystem automation & increased capacity. Purchased additional land for expansion. Launched additional packaging options. Added capacity & system automation. 2013 2015 2016 2017 TODAY, WE ARE THE LEADERS IN FOODSERVICE AND RETAIL PRIVATE LABEL.

AUTHENTICITY IS OUR Mission 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

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 was selected as a 2018 Top Woman in Grocery from progressive grocer magazine (2018) 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)

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% 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2017 2018 G.S. Gelato is expected to double its growth within the next three years.

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

RELATIONSHIPS FOODSERVICE RETAIL

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. We provide full support: from equipment to product to supplies Clear and easy-tounderstand training materials. Customized Programs and formulations for each customer. Short lead times. Timely response and prompt action. Full logistics support / management. Maximum traceability of all products. Full compliance with USDA and FDA; up-to-date with changes. SQF Level 3 continuous recertification. ARTISAN ITALIAN GELATO MADE IN THE USA

Data is provided by: Nielson Corporation: Reports from 2019-2017; Mintel Report-Ice-Cream-US April 2017; IBISWorld; Global Non-Dairy Frozen Desserts Market Information- by Type Forecast to 2023; G.S. Gelato Foodservice Sales data 2016-2017 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 (2017). The experts estimate the U.S. frozen desserts sales in Food Service Industry to increase at a compound annual Growth rate of 10.68% percent between 2018 and 2021. The consumers are largely shifting from heavy dairy based to non-dairy based frozen desserts. U.S. Non Dairy Frozen Dessert Market Forecast for 2018-2021 states that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period. TOP-5 Foodservice Flavors in 2017 $$ Share $ % Change (vs. LY) Caramel Sea Salt Gelato 12.17% +0.28% Vanilla Tahiti Gelato 12.13% +1.17% Chocolate Classico Gelato 9.55% +1.54% Cookies and Cream Gelato 8.40% +1.03% Blood Orange Sorbet 6.83% +1.08% 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.

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

WE LISTEN. WE ACT. WE IMPLEMENT. SEAMLESS DEVELOPMENT FROM IDEATION TO TABLE 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. Continuous education on regulatory matters (USDA, FDA, Organic etc.). 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. Customized programs & formulations.

Products & services PROUD TO BE THE PERFECT PARTNER FOR ALL TOPICS RELATED TO GELATO Gelato & Sorbet Frozen Yogurt Tailor-Made Grab-and-Go flavors Exquisite Desserts Equipment Training & Marketing Materials Supplies

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 48 8 8 6 12 4 2 4 Cases/Pallet 180 210 210 210 70 84 126 60 Gross Pallet Weight Frozen Shelf Life 1,469 1,537 1,657 1,571 2.100 1.898 1.613 2.220 18 Mos. 18 Mos. 18 Mos. 18 Mos. 18 Mos..18Mos. 18 Mos. 18 Mos.

Foodservice FLAVORS GELATO Birthday cake (NEW!) Biscotti Bourbon Brown Butter Pecan Butterfinger Caramel Cookie Crunch Caramel Sea Salt Carrot Cake (NEW!) Chocolate Chip Chocolate Classico Chocolate DF (NEW!) Cookies No Cream VF/GF (NEW!) Chocolate Cookie Crunch Chocolate Nutella Coconut Cookies & Cream Dark Cherry Chocolate Chunk DiSaronno Amaretto w/ Italian Cherry Dulce de Leche Hazelnut Italian Butter Pecan (Panna Cotta) Madagascar Vanilla Bean Mint Chocolate Mixed Berry Mocha Peanut Butter Pistachio Italiano Pure Pistachio Raspberry Cheesecake Reeses & Cream Strawberry Tahitian Vanilla Bean Tiramisu White Chocolate w/ Raspberry Swirl SEASONALS Torta Di Melle (Apple pie) Cinnamon Roll Carrot cake Cinderella s Pumpkin White Peppermint Bark DF Dairy-Free; GF Gluten-Free; VF Vegan Friendly SORBET Blood Orange Key Lime Lemon Limoncello Mango Raspberry Strawberry

GRAZIE MILLE THANK YOU