 The Boston Beer Company, Inc. NYSE:SAM Q1 2022 Earnings Conference Call April 21, 2022 5:00 PM ET Company Participants Mike Andrews Associate General Counsel and Corporate Secretary Jim Koch Founder and Chairman Dave Burwick Chief Executive Officer Frank Smalla Chief Financial Officer Conference Call Participants Nadine Sarwat Bernstein Kevin Grundy Jefferies Vivien Azer Cowen Kaumil Gajrawala Credit Suisse Rob Ottenstein Evercore Steve Powers Deutsche Bank Eric Serotta Morgan Stanley Bonnie Herzog Goldman Sachs Laurent Grandet Guggenheim Brett Cooper Consumer Edge Research Operator Greetings and welcome to The Boston Beer Companys First Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. 