Swiss Water Decaffeinated Coffee, Inc. · TSX:SWP
Swiss Water Decaffeinated Coffee — Investor Presentation (October 2026)
20 slides from Swiss Water Decaffeinated Coffee's investor presentation, October 2026
Slide 1: Swiss Water Decaffeinated Coffee Inc. Investor Presentation
Swiss Water Decaffeinated Coffee Inc. Investor Presentation October 2026 Swiss Water, Delta, BC, Facility
Slide 2: Forward Looking Statement
Forward Looking Statement Certain statements in this presentation may constitute “forward-looking” statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, levels of activity, performance or achievements to be materially different from any
Slide 3: 30+ Years of Global Leadership in Chemical-Free Decaffeination
30+ Years of Global Leadership in Chemical-Free Decaffeination Origin Transition 2015-2017 2023 Commenced design and build of new Delta facility Delta Line 2 operational (Q3) 1993 Nabob acquired ($125M capex) Capacity increased by 40% by Kraft Foods Burnaby closes 1989 2002 2020 Today Built as the i
Slide 4: Decaf is In Demand
Decaf is In Demand 2.5x Growth in specialty decaf exceeds regular coffee 18-24 Year-olds rank higher in decaf consumption than any other Driven by: age group • Wellness & sleep hygiene 92% • Balanced energy throughout the day • Willingness to pay more for Of decaf drinkers want (and will pay healthi
Slide 5: Decaffeination Methods: A Primer
Decaffeination Methods: A Primer Coffee decaffeination methods 60–70% Solvent ~65% Chemical solvents strip caffeine from green beans Non-solvent ~35% Caffeine removed without added chemicals of the world’s decaf is produced using solvent-based methods.1 Water process Methylene Supercritical CO2 Ethy
Slide 6: Three Tailwinds Are Driving Chemical-Free Growth
Three Tailwinds Are Driving Chemical-Free Growth Regulators are Consumers want to Brands are facing scrutinizing solvents know what’s in their food consumer risk U.S. regulators are reviewing 92% of decaf drinkers prefer a natural Recent regulatory actions in the U.S. methylene chloride’s use in foo
Slide 7: The World's Only Branded Decaf Coffee Method
The World’s Only Branded Decaf Brand Strength Drives Driving Higher Margin Coffee Method Consumer Choice Sales for Retailers Swiss Water Decaf commands a 4 of 5 decaf drinkers are more likely $0.30-$0.40/lb to buy Swiss Water branded premium at retail 65% coffee US decaf drinker brand awareness • We
Slide 8: A Diversified, Blue-Chip Customer Base in 60+ Markets
A Diversified, Blue-Chip Customer Base in 60+ Markets Ready-to-roast Asia North America Europe Swiss Water® 10% 80% 10% Volume growth Decaf coffees are warehoused across by region North America and Europe Region 3y CAGR Europe / MEA +17% Asia Pacific +9% North America +7%
Slide 9: A Decade of Investment to Build for Growth
A Decade of Investment to Build for Growth $56M Capex and net working capital, C$M $53M Coffee price shocks Line 2 Build $23M Line 1 Build Working Capital Capex On-going Maintenance $5M $1M 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Delta is fully built, and working capital is easing as coffe
Slide 10: Gross Profit Nearly Tripled During This Period
Gross Profit Nearly Tripled During This Period $32.5M $26.2M Gross profit, trailing 12 months, C$M 2.7x $12.1M $17.6M gross profit growth, 2016 to 2026 Through the Delta plant build and two coffee price shocks, gross profit kept climbing. $12.1M → $32.5M 2017 2018 2019 2020 2021 2022 2023 2024 2025
Slide 11: Gross Profit Flowing Through to Earnings
Gross Profit Flowing Through to Earnings 12 Quarterly gross profit and Adjusted EBITDA, $M Gross profit Adjusted EBITDA $17.1M trailing 12-month Adjusted EBITDA 10 Adjusted EBITDA up 8 four quarters in a row 6 4 2 Improving margins 0 Q1’25 Q2’25 Q3’25 Q4’25 Q1’26 Q2’26 through • Better realization 2
Slide 12: Volume Driving EBITDA
Volume Driving EBITDA First Half 2026 vs. First Half 2025 Volume Gross Profit Adj. EBITDA1 Index vs 2020 C$M C$M GROSS PROFIT $18.1M +44% 1.37 $35 $18 $17.1 vs. $12.5M 1.4 $32.5 $16 ADJUSTED EBITDA¹ $30 1.2 $14 $9.6M +151% 1 vs. $3.8M $25 1 $12 NET INCOME $20 $19.4 0.8 $10 $3.3M $8 $6.9 vs. $0.1M 0.
Slide 13: Disciplined Capital Allocator
Disciplined Debt Profile Capital Allocator (June 2026) CONSTRUCTION LOANS $48.8M Approximately $6M of scheduled principal Capital Allocation Priorities repayments annually. WORKING CAPITAL FACILITIES 1. Invest in high-return capacity $33.3M Fund coffee inventory and +15% expansion within the move wi
Slide 14: Growth Initiatives
Growth Initiatives Focus on caffeine recovery, Organic current incremental adjusted customer growth EBITDA of $3-5M New customer conversion Online marketplace • North America rollout • Asia
Slide 15: Delta: A Modern, Scalable Facility
Delta: A Modern, Scalable Facility Leased facility with attractive purchase option • $125M build complete • Two lines running 24/7 • ~40% more capacity than Burnaby • 15% expansion announced, $6M capex, online in the second half of 2027 • Room to expand on site • Strategic access to domestic and int
Slide 16: Corporate Snapshot
Corporate Snapshot 9.6M 31.9% $5.9M Shares outstanding¹ Insider ownership Cash¹ $8.26 / $80M $82.2M $17.1M Share price / market cap² Total debt¹ LTM Adjusted EBITDA³ 1. 2. As at June 30, 2026. Based on closing price on September 30, 2026. Headquarters Delta, BC 3. Non-IFRS measure; twelve months to
Slide 17: Executive Leadership & Board of Directors
Executive Leadership & Board of Directors Frank Dennis Iain Carswell Owen Horn Marisol Pinzon Alan Wallace Frank Dennis Eric Yanagi Robert B. Johnston PRESIDENT & CEO CFO VP | OPERATIONS DIRECTOR | INTERNATIONAL DIRECTOR, CHAIR OF DIRECTOR, DIRECTOR DIRECTOR THE BOARD PRESIDENT & CEO Sam Hameed Erin
Slide 18: Appendix
Appendix
Slide 19: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation C$000s 2025 2024 2023 2022 2021 Net income (loss) 1,563 1,269 (528) 2,387 496 Income tax expense (recovery) 527 1,042 (4) 819 509 Finance income (1,634) (1,749) (1,629) (509) (442) Finance expense 6,593 8,740 8,265 5,567 4,364 Depreciation and amortization 7,131 6,777
Slide 20: Contact Us
Contact Us: Iain Carswell, Chief Financial Officer Swiss Water Decaffeinated Coffee Inc. 604.420.4050 [email protected] investor.swisswater.com
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