The Alkaline Water Company (WTER) Corporate Media Kit

Reed's, Inc. Primo Water Corporation PepsiCo, Inc. Nestle S.A. (ADR) National Beverage Corp. Monster Beverage Corporation Keurig Dr Pepper Inc. Coca-Cola Company Celcius Holdings Inc. Alkaline Water Co., Inc. Aphria Inc Aurora Cannabis Inc. Canopy Growth Corporation Charlotte's Web Holdings, Inc. Cronos Group Inc HEXO Corp. Tilray, Inc. 0.0x 2.0x 4.0x 6.0x 8.0x 10.0x EV/Revenue - NTM Beverage and Cannabis Peer TradingMultiple The Beverage peer group trades at an average multiple of 4.7x with a high of 8.6x for Celcius Holdings and low of 1.6x for Reed’s, Inc. The Alkaline Water Company trades at a significant discount to the Beverage and the Cannabis peer group. The Alkaline Water Company trades at 1.2x NTM EV/Revenue multiple. The Cannabis peer group trades at an average multiple of 4.0x with a high of 10.8x for Canopy Growth Corporation and a low of 2.3x for Aphria Inc. 7 Beverage Peer Group Avg. 4.7x Cannabis Peer Group Avg. 4.0x Data sourced fromNasdaq – IR Insight as of 9/25/2020