Suntail Drink Co. — Investor Presentation Private & Confidential · STL-IP-2026-001

Investor PresentationJuly 2026

SUNTAIL

Drink Co.

Premium tequila cocktails, made in Canada

Vancouver, British Columbia@suntaildrinkco

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Forward-Looking Statement

This presentation contains forward-looking statements that reflect management's current expectations regarding future events and anticipated performance. Such statements involve known and unknown risks and uncertainties, including regulatory and compliance risk, market conditions, execution of business strategies, financing and operational risk, competitive pressure, supply chain disruption, and changes in tax or trade policy. Actual results may differ materially.

Projections and estimates rest on assumptions management believes reasonable as of the date hereof. They have not been audited, reviewed or compiled by an independent accountant, and were not prepared in accordance with SEC or AICPA guidelines for prospective financial information.

Non-GAAP measures included herein should be considered supplemental to, and not a substitute for, the most directly comparable GAAP measures.

Market and industry data are derived from third-party sources and internal estimates believed to be reliable but not independently verified.

No offer of securities. This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities. Prospective investors should consult their own legal, tax and financial advisors.

Confidential. Furnished solely for the recipient's evaluation and may not be reproduced or distributed without the Company's prior written consent.

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Executive Summary

The thesis in five lines

A proven team with proven exits

Two of this team already built and sold a Canadian tequila RTD — Olé Cocktails, acquired by Mark Anthony Group in 2024.

Ken Sanghera

CEO · Co-Founder

Scaled ventures past 100 employees across health, wellness and logistics. Strategy, capital allocation, investor relationships.

Craig Schultz

COO · ex-Olé

Senior operator at Olé Cocktails through its acquisition. Supply chain, procurement and production.

Andrew Racanelli

CCO · Co-Founder

15 years running Vancouver's top-grossing hospitality venues. On-premise and brand experience.

Sukh Kainth

CFO · Co-Founder

Financial management and capital structure. The banking relationships that underwrite multi-province expansion.

Nar Kang

Controller · ex-Olé

Former Controller at Olé Cocktails. Interprovincial alcohol regulation is already solved.

Karm Sumal

Marketing · Daily Hive Co-Founder

Co-founded Daily Hive and scaled it into one of Canada's top digital media brands. Multiple exits. Advises brand and growth through Paper Plane Agency.

Calvin Rasode

Head of IR

Took a BC biotech from $15M to $500M+. Raised $80M+ across six continents.

Bench strength across operations, finance, media and capital markets.

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Investor Tax Credit

A 30% tax credit for B.C. investors

Suntail is eligible for British Columbia’s Eligible Business Corporation (EBC) program under the Small Business Venture Capital Act — B.C. investors receive a 30% tax credit on the value of their investment in this round.

30%

Individuals. Refundable credit on the investment amount — up to $300,000 in credits per year. A $100K investment returns $30K at tax time.

No cap

Corporations. 30% non-refundable credit against B.C. income tax with no annual limit, claimed in the year of investment.

4 yrs

Carry-forward. Unused credits carry forward four years; investments in the first 60 days of a year can be applied to the prior tax year.

Credits are issued under a pre-approved authorization through the B.C. Venture Capital Tax Credit Program. Investors should confirm eligibility with their tax advisers. (Province of British Columbia, Small Business Venture Capital Act)

The Market

Suntail Drink Co.

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The Category Shift

The largest shift in canned cocktails in 30 years

Beer, wine and spirits all shrank last year. One category grew. In five years, spirit-based RTDs tripled in the U.S. — they now outsell whisky and vodka in off-premise retail.

$3.8B

U.S. spirit-based RTD revenue, 2025. Up 16.4% YoY — the only spirits category in double-digit growth. (DISCUS, Feb 2026)

47.8%

Spirit-based RTDs have overtaken malt in global value share — the first time ever. (IWSR)

+4.8%

The only alcohol category that grew in a $25.8B Canadian market where everything else declined. (StatCan, Mar 2026)

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The Market — Global

RTDs are the only global category in growth

In 2025 total beverage alcohol volumes fell 2%, with spirits and wine down 4% and beer down 2%. RTDs grew — and the growth is entirely spirit-based: malt RTDs fell 5% while spirit-based volumes rose 7%. (IWSR, 2026)

+8%

Global RTD volume CAGR 2019–2025, all formats — against a shrinking total alcohol market. (IWSR)

> vodka

In 2025 RTDs overtook vodka in global value — a first for the category. (IWSR, 2026)

2×

Global RTD volumes forecast to double 2019–2029, led by a ~400% gain in the U.S. (IWSR Global Trends Report)

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The Market — United States

The U.S. confirms the direction of travel

U.S. spirits supplier revenue fell 2.2% to $36.4B in 2025. One segment surged: premixed cocktails, up 16.4% to $3.8B — the industry’s strongest growth category. (DISCUS Annual Economic Briefing, Feb 2026)

+14%

Spirit-based RTD volume growth in the U.S. in 2025, while malt-based fell 5%. (IWSR US Navigator)

+11 pts

Market-share gain by spirits RTDs in 2025 — more than double their share since 2021. Malt seltzers lost 14 points. (DISCUS)

6→17%

Spirit-based RTD share of U.S. on-premise volumes: 6% in 2020, 14% in 2024, 17% expected by 2029. (IWSR)

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The Market — Canada

In Canada, one category is carrying the market

Canadian alcohol volumes fell 3.0% in 2024/25 — the fourth consecutive annual decline. For the second year running, ciders & coolers (the RTD category) was the only segment to grow. (Statistics Canada, Mar 2026)

$2.4B

Canadian cider & cooler sales, up 4.8% — the sole category gaining market share (+0.6 pts to 9.3%). (StatCan 2024/25)

16%

of LCBO sales are now ready-to-drink — a top-four category in the world’s largest alcohol buyer. (LCBO Q2 FY25-26)

30.8%

BC’s spirits share of alcohol sales — the highest of any province. Suntail’s home market is Canada’s best tequila market. (StatCan)

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Why Now, Why Tequila

The same consumer is driving three shifts at once

Drinking less, paying more

66% have shifted toward lower-sugar, lower-calorie alcohol. Gen Z drinks 20% less per capita but trades up when they drink.

Tequila is the spirit of this generation

#2 spirit in America at $6.4B. The margarita is the country's #1 cocktail. 54% of drinkers 18–34 prefer premium tequila.

The RTD format is winning

42.9% of Gen Z choose canned cocktails. Spirit-based RTDs growing at 20.5% CAGR globally; North American volumes projected to quadruple by 2029.

The premium consumer is underserved. That's the gap Suntail fills.

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The Segment

The data behind our consumer

51%

of Gen Z women prefer cocktails, and 50.5% prefer ready-to-drink formats — the strongest RTD affinity of any cohort. (Attest US Gen Z Survey)

80%

of Gen Z choose canned cocktails on taste — defined by real ingredients, transparency and health-forward labels. (Panoplai / Quench)

30%

of millennials name agave spirits their preferred category — the highest of any generation. (DISCUS consumer surveys)

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The Segment — Premiumization

Drinking less, drinking better

Premiumization has become selective: consumers cut volume and trade up on the occasions that remain. Premium-and-above alcohol volumes grew 3% in 2024 while the total market shrank. (IWSR Global Trends Report)

−20%

Gen Z per-capita consumption vs. prior generations — but they trade up when they do drink. (EY Consumer Beverage Survey)

66%

of consumers have shifted toward lower-sugar, lower-calorie alcohol. Suntail: 4g sugar, 120 calories. (EY, 2025)

54.5%

of Gen Z often or sometimes choose low/no-alc options — the demand behind Suntail’s planned non-alc line. (Attest)

II.

The Brand

Suntail Drink Co.

Real tequila. Micro-carbonated. A can people post before they open.

The Product

Crafted without compromise

100% blue agave tequila

Not malt. Not agave flavouring. Real top-shelf tequila.

4g sugar · 5% ABV · 120 calories

No artificial ingredients or colours. Added electrolytes.

Micro-carbonated

Fine, delicate bubbles. Crisp and clean, not bloating.

Founded and produced in British Columbia

The only ingredient not sourced in Canada is the tequila.

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“Indistinguishable from an $18 bar margarita in blind tastings.”

And the #1 selling RTD at Vancouver's highest-velocity liquor retailer

Built to be seen.

Citrón — Lemon Lime Marg

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The Lineup

Three flavours, ready for launch

#1 and #2 selling RTDs at Legacy Liquor, Vancouver's highest-velocity retailer.

Sandía

Lemon Watermelon

The instant classic

Refreshing watermelon, bright lemon finish. Never overly sweet. Vancouver's #1 selling RTD at Legacy Liquor.

Citrón

Lemon Lime Marg

The elevated classic

Lime-forward citrus, a touch of lemon, a hint of salt. A refined margarita. Vancouver's #2 selling RTD at Legacy Liquor.

Soleada

Tropical Mango Marg

The new favourite

Refreshing mango, smooth tequila, Suntail's signature lemon finish. Mango is the fastest-growing RTD flavour globally.

Signature Series

Mixed Pack

The #1 seller

2× Sandía, 2× Citrón, 2× Soleada. The top seller in the lineup.

The Consumer

Who drinks Suntail

25–40·60/40 female to male·Urban·Professional

She reads labels. Picks Whole Foods over Walmart. Spends more on fewer, better things.

She doesn't buy the cheapest can on the shelf. She buys the products she can put on the table, photograph, and post.

She made Aesop, Aritzia and Erewhon worth billions. She shops with intention, stays loyal, and doesn't flinch at premium pricing.

Every other tequila RTD was designed for someone else. What she drinks, he buys.

Where Suntail lives

The Occasions

The Course

The Water

The Night

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The Gap

The premium tequila corner is empty

Premium

Value

Real spirit

Malt-based

White Claw

Smirnoff Ice

Simply Spiked

Nütrl

Olé Cocktails

High Noon

Cutwater

SUNTAIL

Every scaled RTD brand in Canada is either malt-based or a mid-tier spirit seltzer. No one owns premium, 100% blue agave tequila in a can — the segment where the margarita is the country’s #1 cocktail and buyers pay bar prices.

III.

The Business

Suntail Drink Co.

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Where We Are Today

Beta proved it. Now built for full commercial launch.

Less than a year in, Suntail has run a deliberate beta: prove velocity, lock in supply, solve compliance. Every piece is now in place to launch three flavours commercially and expand across Canada.

Scaled manufacturing

Moved from an independent producer to Parallel 49, one of BC's largest — capacity for multi-province volume.

Proven velocity

150+ retail doors in BC. #1 and #2 selling RTD at Vancouver's highest-velocity liquor retailer.

Three flavours, launch-ready

Sandía, Citrón and Soleada finalized, with the Signature Series mixed pack as the lead SKU.

Compliance solved

Interprovincial alcohol regulation — the biggest operational barrier in Canadian beverage — handled by a team that has done it before.

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Market Reception

Overwhelming reception, all round

Retailers

Buyers are reordering. Store managers recommend Suntail over legacy brands. Stores post about Suntail for free — the trade wants to sell it because customers want to buy it.

Customers

Events sell out. New customers post organically. Repeat buyers keep purchasing. Word of mouth is accelerating every dollar of paid marketing.

Media

Daily Hive partnership. Features in 604 Now and Urba Vancouver. Podcast appearances on Sportsnet 650.

People post it, pour it, and put it on the table.

@suntaildrinkco

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On-Premise

Already pouring where the consumer goes out

Bars & Venues

The Parlour

Yaletown, Vancouver

Greta Bar

Downtown Vancouver

Hyde

Main Street, Vancouver

Langley Events Centre

Arena & events complex, Langley

Golf

UBC Golf Club

Branded Suntail lounge at the driving range

Westwood Plateau

Coquitlam

The Redwoods

Langley

Prince George Golf & Country Club

Prince George

On-premise accounts across bars, venues and golf — including a branded Suntail lounge — building the halo that drives retail sell-through. Keg sales on-premise sit on top of the B.C. cans forecast.

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Route to Market

How it gets to them

Retail

Private and provincial liquor stores across BC, expanding to Alberta, Saskatchewan and Ontario.

On-premise

Premium restaurants, lounges and golf clubs — Moxies, The Parlour, Greta, Vancouver Golf Club and more.

Events

A booked 2026 calendar of 20+ activations across BC and Alberta — festivals, golf clubs, charity partnerships and brand events (next slide).

Sell-through

In-store tasting and merchandising programs drive repeat velocity at the shelf.

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The Playbook

Proven in the hardest market first, repeated province by province

Prove velocity in BC independents

Done: #1 and #2 selling RTDs at Legacy Liquor, Vancouver’s highest-velocity retailer, during beta.

Build the on-premise halo

Premium restaurants, lounges and golf clubs — Moxies, The Parlour, Greta — make the can aspirational before it scales.

Turn events into community

20+ booked 2026 activations plus committed digital media at 70%+ off rate card convert trial into repeat and content.

Repeat by province

Alberta and Saskatchewan next, then Ontario — where 8,500 new RTD doors opened in 2024.

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2026 Activation Program

A disciplined field program, booked through 2026

20+ activations, March–September 2026, across BC and Alberta — sampling where the target consumer already is.

Festivals & public events

Alberta Beer Festival — Edmonton

Alberta Beer Festival — Calgary

Italian Days — Commercial Drive

Vancouver Pride Weekend

Whistler Beer Festival

Squamish Beer Festival

Golf & country clubs

University Golf Club launch weekend

PHL Capital — Morgan Creek

WMG — Hole #10, Richmond CC

Country Club — Vancouver

Country Club — Calgary

Community & charity

Canucks Autism Network — Elevate

Special Olympics BC Classic

Els for Autism — Richmond CC

Paragliding Tournament — Golden

Brand & nightlife

ATQ — Vancouver

Open Radius — Vancouver

One-Year Anniversary — Parlour

Punchbowl — PNE

Rose Disco — Kelowna · YVR · YYC

Digital media at 70%+ off rate card

Through team relationships — including Daily Hive's co-founder running marketing — ~$61K of committed 2026 media (Daily Hive $37.7K · 604 Now $18.0K · Urba $5.2K) buys reach that would cost 3–4× at standard rates.

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The Roadmap

Expansion across Canada, then south

Canada's $25.8B alcohol market has shrunk four years running — RTDs are the exception, up 4.8% to $2.4B, with 18% of Canadian RTD buyers last year new to the format entirely.

Today

British Columbia

150+ retail doors. BC has Canada's highest spirits share at 30.8% — velocity already proven in the country's best tequila market.

2026–2027

Alberta & Saskatchewan

Fully privatized retail — no government listing queue, faster speed to shelf. Alberta alone has 1,400+ private liquor stores.

2027–2028

Ontario

A $10B market that just opened convenience, grocery and big-box to RTDs — the biggest distribution unlock in Canadian alcohol in decades.

2028+

United States

Entry via the Pacific Northwest and California — one of the highest-selling tequila states in the country.

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The Roadmap — Ontario

8,500 new doors just opened in our path

8,500

new convenience, grocery and big-box locations licensed to sell spirit-based RTDs in Ontario since 2024 — the first expansion of its kind in the province’s history. (Government of Ontario; Torys LLP, 2024)

RTDs are already 16% of LCBO sales

$2.47B in quarterly LCBO sales, with ready-to-drink the fastest-rising category. (LCBO Q2 FY25-26)

Domestic product wins the shelf

85% of RTDs sold through the LCBO are Canadian-made — a structural advantage for a BC-built brand over imported competitors. (LCBO)

Timed to our entry

Suntail’s 2027–28 Ontario expansion lands after the channel is established but before premium tequila RTDs saturate it.

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Growth Verticals

One brand, four growth verticals

Every extension runs on the same brand, the same supply chain, the same team. New revenue without new infrastructure.

New flavours

Same micro-carbonation process, same flavour-first approach. Soleada was the first — more are lined up.

Non-alc

Same cans, new occasion. Unlocks grocery, convenience and wellness retail — channels that don't sell alcohol.

Mezcal

First mover in Canada. Adjacent category, instant brand recognition, higher margin.

Bottled tequila

The shelf where Casamigos and Don Julio sit. Different margin structure, different exit profile.

The can is the beachhead. The brand is the asset.

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Growth Verticals — Non-Alc

The same brand sells the night off

The consumer moderates by occasion, not by abstaining — and keeps buying the brands that fit both nights. A Suntail non-alc line rides the same can, shelf and community.

54.5%

of Gen Z often or sometimes choose low/no-alc options when they go out. (Attest US Gen Z Survey)

1 in 3

Gen Z consumers view alcohol as generally unhealthy — moderation is identity, not a phase. (Attest)

Premium

Non-alc brands like Athletic Brewing have proven the segment commands premium pricing. (Industry analyses, 2026)

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Risks & Mitigation

What could go wrong, and what’s already in place

Provincial listing timing and regulatory delay

COO and Controller both came from Olé Cocktails — interprovincial alcohol compliance, the single biggest operational barrier in Canadian beverage, is already solved.

Production scale-up

Manufacturing moved from an independent producer to Parallel 49, one of BC’s largest — capacity for multi-province volume without capital expenditure.

Competitive response from majors

Strategics have historically bought their way into premium RTD rather than built it — 39 M&A deals to date. Speed and brand equity are the defence, and the exit.

Consumer spending softness

RTDs are the only alcohol category growing through the current downturn, and Suntail’s low-sugar, lower-ABV profile matches where consumption is moving.

Capital intensity

Asset-light co-pack model: no plant, no fleet. Capital goes to inventory, listings and brand.

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Comparable Exits

They're buying what we're building

39 RTD M&A deals across North America. Every major strategic acquirer has made the same bet: premium RTDs.

BrandAcquirerDateTermsSignal

BeatBoxAB InBevDec 2025$490MThe biggest premium-RTD exit to date

Olé CocktailsMark Anthony GroupMay 2024UndisclosedCanadian tequila RTD — built by two of Suntail's team

NUTRLAB InBev2020Undisclosed15-person vodka soda brand from Delta, BC — now #2 spirits seltzer in America

BuzzBallzSazeracMay 2024UndisclosedPremium RTD singles at national scale

Monaco CocktailsMolson CoorsApr 2026Undisclosed#1 independent RTD singles brand, 70,000+ doors

Finnish Long DrinkMark Anthony GroupApr 2026UndisclosedSecond RTD acquisition in 24 months by Olé's buyer

RTD M&A deals across North America — every major strategic acquirer has made the same bet. Two of the biggest RTD exits of the past three years started in BC; Suntail is built to be the next.

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The Round

$1M at a $12M pre-money

Open to cheques from $50,000. The B.C. tax credit returns 30% of every dollar invested.

$50K

$35K net after the 30% B.C. tax credit.

$100K

$70K net after the 30% B.C. tax credit.

$150K

$105K net after the 30% B.C. tax credit.

Enterprise value

$13.8M

DCF at a 25% discount rate — the round prices below the model.

Implied multiple

4.6x

EV / 2027E EBITDA, falling to 3.0x on 2028E as Ontario lands.

Diligence

Full DCF

Model built and available for review on request.

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Why Suntail

Four reasons this works

The product works

#1 and #2 selling RTD at Vancouver's highest-velocity retailer. Indistinguishable from an $18 bar margarita in blind tastings.

The market moves one direction

Spirit-based RTDs are the only alcohol category growing in Canada, the U.S. and globally. Structural, not cyclical.

The exit is active

Seven RTD acquisitions in 24 months. Two Canadian, one tequila. The buyers are in-market and writing cheques.

The brand extends

One can today. A non-alc SKU in grocery next. A mezcal after. A bottled tequila behind the bar after that.

Thank you

The next great Canadian beverage brand is being built in BC. We’d love to build it with you.

info@suntaildrinkco.com

Suntail Drink Co. · Vancouver, BC · 2026

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Sources

Market & industry

DISCUS Annual Economic Briefing, Feb 2026 · IWSR RTDs Strategic Study 2025 & Global Trends Report · IWSR US Navigator, 2026 · The Spirits Business, 2025–26 · CNBC / The Drinks Business, Feb 2026 · Statistics Canada, Control & Sale of Alcoholic Beverages 2024/25 (Table 10-10-0010-01), Mar 2026 · LCBO Quarterly Update Q2 FY25-26 · Government of Ontario / Torys LLP alcohol marketplace expansion, 2024 · Ontario FAO · Grand View Research RTD Cocktails Report, 2026 · Mordor Intelligence, Jan 2026 · NielsenIQ / SipSource · EY Consumer Beverage Survey 2025 · Attest US Gen Z Survey · Panoplai / Quench Gen Z research, 2025

M&A

BeatBox (VinePair, Food Dive, Dec 2025) · NUTRL (Brewbound, 2020) · Olé Cocktails (MergerLinks, PitchBook, May 2024) · Monaco / Atomic Brands (Food Dive, Molson Coors IR, Apr 2026) · Finnish Long Drink (PR Newswire, Apr 2026) · Dirty Shirley (BevNET, Mar 2026) · ION Analytics / Mergermarket, Feb 2026

Questions? Contact info@suntaildrinkco.com