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SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities
Filed by the Registrant x | Filed by a Party other than the Registrant o |
Check the appropriate box:
o | Preliminary Proxy Statement |
x | Definitive Proxy Statement |
o | Soliciting Material Pursuant to §240.14a-11(c) or §240.14a-12 |
o | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
The Boston Beer Company, Inc.
The Boston Beer Company, Inc.
Payment of Filing Fee (Check the appropriate box):
x | No fee required. |
o | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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which the filing fee is calculated and state how it was determined):
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o | Fee paid previously with preliminary materials. |
o | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
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2) Form, Schedule or Registration Statement No.:
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4) Date Filed:
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1. To approve the appointment by the Class A Directors on February 15, 2005 of David A. Burwick as a Class A Director to fill the vacancy created by the resignation of James C. Kautz. | |
2. The election by the holders of the Class A Common Stock of three (3) Class A Directors, each to serve for a term of one (1) year. | |
3. The election by the sole holder of the Class B Common Stock of four (4) Class B Directors, each to serve for a term of one (1) year. | |
4. To consider and act upon any other business which may properly come before the meeting. |
By order of the Board of Directors | |
C. James Koch, | |
Clerk |
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Class A Directors: |
Year First | Position With the Company | |||||||||
Elected a | or Principal Occupation | |||||||||
Name of Nominee | Age | Director | During the Past Five Years | |||||||
David A. Burwick | 43 | 2005 | Mr. Burwick is the Chief Marketing Officer of Pepsi-Cola North America. Prior to assuming that position in 2003, he had served in a number of positions at that Company, most recently as Vice President Marketing, Consumer Promotions & Sports, a position he held since 1998. | |||||||
Pearson C. Cummin, III | 62 | 1995 | Mr. Cummin served as a general partner of Consumer Venture Partners, a Greenwich, Connecticut based venture capital firm, from January 1986 to December 2002. Mr. Cummin also serves as a Director and a member of the Compensation and Nominating/ Governance Committees of Pacific Sunwear of California, Inc. | |||||||
Robert N. Hiatt | 68 | 1998 | Mr. Hiatt was President and Chief Executive Officer of Maybelline, Inc., a cosmetics company based in Memphis, Tennessee, from 1990 until 1996, and was its Chairman from 1996 until he retired in 1997. Mr. Hiatt also served as a Director of Genovese Drug Stores, Inc. from 1997 to 1999. |
Class B Directors: |
Year First | Position With the Company | |||||||||
Elected a | or Principal Occupation | |||||||||
Name of Nominee | Age | Director | During the Past Five Years | |||||||
C. James Koch | 55 | 1995 | Mr. Koch founded the Company in 1984 and currently serves as the Chairman and Clerk of the Company. Until January 2001, Mr. Koch also served as the Company’s Chief Executive Officer. | |||||||
Charles Joseph Koch | 82 | 1995 | Mr. Koch is the father of founder C. James Koch. In 1989, Mr. Koch retired as founder and co-owner of Chemicals, Inc., a distributor of brewing and industrial chemicals in southwestern Ohio. | |||||||
Martin F. Roper | 41 | 1999 | Mr. Roper was appointed the Chief Executive Officer of the Company in January 2001, after having served as the President and Chief Operating Officer of the Company since December 1999. Mr. Roper joined the Company as Vice President of Manufacturing and Business Development in September 1994 and became the Chief Operating Officer in April 1997. | |||||||
Jean-Michel Valette | 44 | 2003 | Mr. Valette became President and Managing Director of Robert Mondavi Winery, a privately-held wine company, in October 2004. He is also Chairman and a member of the Audit Committee of Peet’s Coffee and Tea Inc., a California-based specialty coffee retailer, and serves as a Director and Chairman of the Audit Committee of Select Comfort Corporation, a Minneapolis-based bed retailer. Mr. Valette also serves as an independent advisor to select branded consumer companies. From 1998 to 2000, he was President and CEO of Franciscan Estates, Inc., a California wine company. |
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Name | Cash Compensation | |||
Pearson C. Cummin, III | $ | 35,500 | ||
Robert N. Hiatt | $ | 35,500 | ||
James C. Kautz(1) | $ | 31,500 | ||
Charles Joseph Koch | $ | 12,500 | ||
Jean-Michel Valette | $ | 24,000 | (2) |
(1) | Mr. Kautz retired from the Board of Directors on October 19, 2004. |
(2) | Mr. Valette joined the Audit Committee in August 2004, but payment of the $6,000, pro rated Audit Committee retainer was not made until February 2005. |
Audit Committee |
Compensation Committee |
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Nominating/ Governance Committee |
Identifying and Evaluating Nominees for the Board of Directors |
Shareholder Nominees |
Chairman | |
Nominating/ Governance Committee | |
The Boston Beer Company, Inc. | |
75 Arlington Street | |
Boston, MA 02116 |
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• | each person (or group of affiliated persons) known by the Company to be the beneficial owner(s) of more than five percent (5%) of the outstanding Class A Common Stock; | |
• | each current director of the Company, nominees and the executive officers of the Company named below in the Summary Compensation Table on page 12; and | |
• | all current directors and executive officers of the Company directors as a group. |
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Shares Beneficially | ||||||||
Owned(1) | ||||||||
Name of Beneficial Owner | (i) Number | Percent | ||||||
C. James Koch(1)(2) | 4,587,586 | 32.0 | % | |||||
Martin F. Roper(1)(3) | 659,972 | 6.1 | % | |||||
William F. Urich(1)(4) | 35,000 | * | ||||||
Jeffrey D. White(1)(5) | 38,800 | * | ||||||
Robert H. Hall(1)(6) | 52,700 | * | ||||||
David A. Burwick(1)(7) | 6,000 | * | ||||||
Pearson C. Cummin, III(1)(8) | 83,923 | * | ||||||
Robert N. Hiatt(1)(9) | 38,000 | * | ||||||
Charles Joseph Koch(1)(10) | 40,000 | * | ||||||
Jean-Michel Valette(1)(11) | 35,000 | * | ||||||
Credit Suisse Asset Management, LLC(12) | ||||||||
466 Lexington Avenue, New York, NY 10017 | 580,075 | 5.7 | % | |||||
Barclays Global Investors, NA(12) | ||||||||
Barclays Global Fund Advisors | ||||||||
45 Fremont Street, San Francisco, CA 94105 | 1,155,028 | 11.3 | % | |||||
Royce & Associates, LLC | ||||||||
1414 Avenue of the Americas, New York, NY 10019(12) | 785,600 | 7.7 | % | |||||
All Directors, Nominees for Director and Executive Officers as a group (10 people) | 5,576,981 | 36.6 | % |
* | Represents holdings of less than one percent (1%). |
(1) | The mailing address for all directors, nominees and named executive officers is c/o The Boston Beer Company, Inc., 75 Arlington Street, Boston, MA 02116. |
(2) | Includes 4,107,355 shares of Class B Common Stock, constituting all of the outstanding shares of Class B Common Stock, options to acquire 56,000 shares of Class A Common Stock exercisable currently or within sixty (60) days and 6,255 shares of Class A Common Stock purchased under the Company’s Investment Share Plan which are not yet vested. Also includes 32,456 shares of Class A Common Stock held by Mr. Koch as custodian for the benefit of his children in which he has sole voting and investment power, but to which Mr. Koch disclaims any beneficial ownership. Does not include 152,835 shares of Class A Common Stock held by a limited liability company in which Mr. Koch’s children have a pecuniary interest, as to which Mr. Koch disclaims any beneficial ownership. |
(3) | Includes options to acquire 638,283 shares of Class A Common Stock exercisable currently or within sixty (60) days and 14,649 shares of Class A Common Stock purchased under the Company’s Investment Share Plan which are not yet vested. | |
(4) | Consists of options to acquire 35,000 shares of Class A Common Stock exercisable currently or within sixty (60) days. | |
(5) | Consists of options to acquire 38,800 shares of Class A Common Stock exercisable currently or within sixty (60) days. | |
(6) | Consists of options to acquire 52,700 shares of Class A Common Stock exercisable currently or within sixty (60) days. | |
(7) | Consists of options to acquire 6,000 shares of Class A Common Stock exercisable currently or within sixty (60) days. | |
(8) | Includes options to acquire 40,000 shares of Class A Common Stock exercisable currently or within sixty (60) days. |
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(9) | Includes options to acquire 35,000 shares of Class A Common Stock exercisable currently or within sixty (60) days. Does not include 1,000 shares of Class A Common Stock owned by Mr. Hiatt’s spouse. |
(10) | Consists of options to acquire 40,000 shares of Class A Common Stock exercisable currently or within sixty (60) days. Does not include 2,000 shares of Class A Common Stock owned by Mr. Koch’s spouse. |
(11) | Includes options to acquire 15,000 shares of Class A Common Stock exercisable currently or within sixty (60) days. |
(12) | Information has been derived from Schedule 13G for the year ended December 31, 2004 filed with the SEC. |
(1) | The material in this report is not “soliciting material,” is not deemed filed with the SEC and is not to be incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing. |
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The Compensation Committee: | |
Robert N. Hiatt,Chairman | |
Pearson C. Cummin, III | |
Jean-Michel Valette |
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Annual Compensation | |||||||||||||||||||||||||||||
Long Term Compensation | |||||||||||||||||||||||||||||
Other | All | ||||||||||||||||||||||||||||
Annual | Restricted | Securities | Other | ||||||||||||||||||||||||||
Base | Compen- | Stock | Underlying | Compen- | |||||||||||||||||||||||||
Name and Principal Position | Year | Salary(1) | Bonus(2) | sation(3) | Awards($)(4) | Options(#) | sation(7) | ||||||||||||||||||||||
C. James Koch | 2004 | $ | 188,503 | — | $ | 1,292 | $ | 17,016 | (5) | — | $ | 6,319 | |||||||||||||||||
Chairman | 2003 | $ | 188,420 | $ | 27,563 | $ | 1,170 | $ | 26,577 | 10,000 | $ | 5,238 | |||||||||||||||||
2002 | $ | 183,750 | $ | 184,000 | $ | 1,170 | $ | 11,001 | 10,000 | $ | 8,580 | ||||||||||||||||||
Martin F. Roper | 2004 | $ | 529,936 | $ | 123,000 | $ | 3,529 | $ | 81,699 | (6) | 20,000 | $ | 7,288 | ||||||||||||||||
President and | 2003 | $ | 494,813 | $ | 85,100 | $ | 4,155 | $ | 35,069 | 30,000 | $ | 7,200 | |||||||||||||||||
Chief Executive Officer | 2002 | $ | 460,000 | $ | 40,000 | $ | 3,797 | — | 30,000 | $ | 6,288 | ||||||||||||||||||
William F. Urich(8) | 2004 | $ | 287,928 | $ | 28,756 | $ | 1,891 | — | — | $ | 6,038 | ||||||||||||||||||
Chief Financial Officer | 2003 | $ | 79,327 | $ | 15,000 | — | — | 175,000 | — | ||||||||||||||||||||
and Treasurer | 2002 | — | — | — | — | — | — | ||||||||||||||||||||||
Jeffrey D. White | 2004 | $ | 239,128 | — | $ | 1,595 | 13,500 | $ | 7,228 | ||||||||||||||||||||
Chief Operating Officer | 2003 | $ | 225,912 | — | $ | 1,999 | — | 25,000 | $ | 6,820 | |||||||||||||||||||
2002 | $ | 203,173 | — | $ | 1,770 | — | 25,000 | $ | 6,288 | ||||||||||||||||||||
Robert H. Hall | 2004 | $ | 308,708 | $ | 57,800 | $ | 2,064 | — | 13,500 | $ | 7,288 | ||||||||||||||||||
Vice President of Brand | 2003 | $ | 293,912 | $ | 76,050 | $ | 2,056 | — | 20,000 | $ | 6,916 | ||||||||||||||||||
Development | 2002 | $ | 275,000 | $ | 44,094 | $ | 2,449 | — | 20,000 | $ | 6,288 |
(1) | Included in this column are amounts earned, though not necessarily received, during the corresponding fiscal year. None of the individuals received other compensation exceeding reporting thresholds for perquisites and other personal benefits. |
(2) | The bonus amounts for the executive officers have been restated so that the bonus for all fiscal year periods is recorded for each officer in the year in which such bonus is paid. |
(3) | Reflects reimbursement of taxes relating to long term disability premiums. |
(4) | Consists of shares issued under the Company’s Investment Share Plan, pursuant to which eligible employees may purchase shares with a total purchase price up to 10% of their annual compensation (consisting of regular salary and bonuses) at a discount, depending on tenure with the Company. The shares purchased vest at the rate of 20% per year over a period of 5 years. The purchaser of such investment shares has voting power, but not dispositive power, with respect the shares that have not yet vested. |
(5) | As of December 25, 2004, Mr. Koch held 9,654 shares of unvested restricted stock issued under the Company’s Investment Share Plan with a market value of $83,114. |
(6) | As of December 25, 2004, Mr. Roper held 21,689 shares of unvested restricted stock issued under the Company’s Investment Shares Plan with a market value of $195,952. |
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(7) | Consists of annual group life insurance premiums and Company matching contributions under the Company’s 401(k) plan, as follows: |
Group Life | 401(k) | |||||||
Insurance | Matching | |||||||
Name | Premiums | Contributions | ||||||
C. James Koch | $ | 271 | $ | 6,048 | ||||
Martin F. Roper | $ | 288 | $ | 7,000 | ||||
William F. Urich | $ | 288 | $ | 5,750 | ||||
Jeffrey D. White | $ | 288 | $ | 7,000 | ||||
Robert H. Hall | $ | 288 | $ | 7,000 |
(8) | Mr. Urich joined the Company in September, 2003. |
Potential Realizable | ||||||||||||||||||||||||
Number of | Value at Assumed | |||||||||||||||||||||||
Securities | Percent of | Annual Rates of Stock | ||||||||||||||||||||||
Underlying | Total Options | Price Appreciation for | ||||||||||||||||||||||
Options | Granted to | Exercise or | Option Term(2) | |||||||||||||||||||||
Granted | Employees in | Base Price | Expiration | |||||||||||||||||||||
Name | (#)(1) | Fiscal Year | Per Share | Date | 5% | 10% | ||||||||||||||||||
C. James Koch | 0 | 0 | % | (3 | ) | (3 | ) | $ | 0 | $ | 0 | |||||||||||||
Martin F. Roper | 20,000 | 13.9 | % | (4 | ) | (4 | ) | $ | 232,250 | $ | 588,569 | |||||||||||||
William F. Urich | 0 | 0 | % | (5 | ) | (5 | ) | $ | 0 | $ | 0 | |||||||||||||
Jeffrey D. White | 13,500 | 9.4 | % | (6 | ) | (6 | ) | $ | 156,769 | $ | 397,284 | |||||||||||||
Robert H. Hall | 13,500 | 9.4 | % | (7 | ) | (7 | ) | $ | 156,769 | $ | 397,284 |
(1) | Options vest at twenty percent (20%) each year. Options become immediately exercisable in full in the event that C. James Koch and/or members of his family cease to control a majority of the Company’s issued and outstanding Class B Common Stock. |
(2) | The potential realizable value of the options reported above was calculated by assuming five percent (5%) and ten percent (10%) annual rates of appreciation above the fair market value of the Class A Common Stock of the Company from the date of grant (determined in accordance with the rules of the SEC) of the options until the expiration of the options. These assumed annual rates of appreciation were used in compliance with the rules of the SEC and are not intended to forecast future price appreciation of the Class A Common Stock of the Company. The actual value realized from the options could be higher or lower than the values reported above, depending upon the future appreciation or depreciation of the Class A Common Stock during the option period, the option holder’s continued employment through the option period and the timing of the exercise of the options. |
(3) | Mr. Koch was not granted options in the fiscal year ending December 25, 2004. |
(4) | Options for 20,000 shares carry an exercise price of $18.465 per share and have an expiration date of December 31, 2013. |
(5) | Mr. Urich was not granted options in the fiscal year ending December 25, 2004. |
(6) | Options for 13,500 shares carry an exercise price of $18.465 per share and have an expiration date of December 31, 2013. |
(7) | Options for 13,500 shares carry an exercise price of $18.465 per share and have an expiration date of December 31, 2013. |
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Shares | Number of Securities | Value of Unexercised | ||||||||||||||||||||||
Acquired on | Value | Underlying Unexercised | In-the-Money Options | |||||||||||||||||||||
Name | Exercise(#) | Realized($) | Options at FY-End(#) | at FY-End($)(1) | ||||||||||||||||||||
Exercisable/Unexercisable | Exercisable/Unexercisable | |||||||||||||||||||||||
C. James Koch | 17,927 | $ | 143,739 | 41,970 | 28,030 | $ | 387,788 | $ | 84,590 | |||||||||||||||
Martin F. Roper | 52,109 | $ | 477,671 | 594,283 | 112,000 | $ | 5,798,722 | $ | 674,971 | |||||||||||||||
William F. Urich | 0 | 0 | 35,000 | 140,000 | $ | 156,850 | $ | 627,400 | ||||||||||||||||
Jeffrey D. White | 11,100 | $ | 102,474 | 16,500 | 64,100 | $ | 68,694 | $ | 316,517 | |||||||||||||||
Robert H. Hall | 58,000 | $ | 582,122 | 38,000 | 85,500 | $ | 359,480 | $ | 534,002 |
(1) | Based upon a fair market value at December 23, 2004 of $20.935 per share, determined in accordance with the rules of the SEC, less the option exercise price or purchase price. |
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The Boston Beer | ||||||||||||||||
Company Inc | S&P 500 Index | S&P 500 Brewers | Peer Group | |||||||||||||
1999 | 100.00 | 100.00 | 100.00 | 100.00 | ||||||||||||
2000 | 124.78 | 91.58 | 135.61 | 93.54 | ||||||||||||
2001 | 247.93 | 81.60 | 134.07 | 109.32 | ||||||||||||
2002 | 209.56 | 62.55 | 143.81 | 144.47 | ||||||||||||
2003 | 263.93 | 79.73 | 159.53 | 180.51 | ||||||||||||
2004 | 299.47 | 89.56 | 159.98 | 158.36 |
Annual Return Percentage Years Ending | ||||||||||||||||||||
Company Name/ Index | Dec00 | Dec01 | Dec02 | Dec03 | Dec04 | |||||||||||||||
The Boston Beer Company Inc | 24.78 | 98.70 | (15.48 | ) | 25.95 | 13.47 | ||||||||||||||
S&P 500 Index | (8.42 | ) | (10.89 | ) | (23.35 | ) | 27.47 | 12.34 | ||||||||||||
S&P 500 Brewers | 35.61 | (1.13 | ) | 7.26 | 10.93 | 0.29 | ||||||||||||||
Peer Group | (6.46 | ) | 16.87 | 32.15 | 24.94 | (12.27 | ) |
Indexed Returns Years Ending | ||||||||||||||||||||||||
Base | ||||||||||||||||||||||||
Period | ||||||||||||||||||||||||
Company Name/ Index | Dec99 | Dec00 | Dec01 | Dec02 | Dec03 | Dec04 | ||||||||||||||||||
The Boston Beer Company Inc | 100 | 124.78 | 247.93 | 209.56 | 263.93 | 299.47 | ||||||||||||||||||
S&P 500 Index | 100 | 91.58 | 81.60 | 62.55 | 79.73 | 89.56 | ||||||||||||||||||
S&P 500 Brewers | 100 | 135.61 | 134.07 | 143.81 | 159.53 | 159.98 | ||||||||||||||||||
Peer Group | 100 | 93.54 | 109.32 | 144.47 | 180.51 | 158.36 |
Peer Group Companies | ||||
Pyramid Breweries Inc | ||||
Redhook Ale Brewery Inc |
(2) | The material in this report is not “soliciting material,” is not deemed filed with the SEC and is not to be incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and irrespective of any general incorporation |
language in any such filing.
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• | Audit Fees. The Company estimates that it will pay audit fees to Deloitte & Touche LLP in the amount of $679,000 for its audit of the Company’s annual financial statements and quarterly reviews for the fiscal year ended December 25, 2004, which amount includes $509,000 for the review and certification of the Company’s compliance with the provisions of Section 404 of the Sarbanes-Oxley Act of 2002, and $126,500 for its audit of the Company’s annual financial statements and quarterly reviews for the fiscal year ended December 27, 2003. | |
• | Audit-Related Fees. No fees were paid for audit-related services during the last two fiscal years. | |
• | Tax Fees. No fees were paid to Deloitte & Touche LLP for tax services during the last two fiscal years. |
(3) | The material in this report, including the Audit Committee Charter, is not “soliciting material,” is not deemed filed with the SEC and is not to be incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing. |
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• | Other Fees. The Company paid Deloitte & Touche LLP $5,000 in the fiscal year ended December 25, 2004 for services relating to its consent to the filing of a Registration Statement on Form S-8 and $1,456 in the fiscal year ended December 27, 2003 for services relating to compliance with the Sarbanes-Oxley Act. |
Audit Committee: | |
Pearson C. Cummin, III,Chairman | |
Robert N. Hiatt | |
Jean-Michel Valette |
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By order of the Board of Directors | |
C. James Koch, | |
Clerk |
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TO VOTE IN ACCORDANCE WITH THE BOARD OF DIRECTORS’ RECOMMENDATION, SIGN AND DATE THIS CARD IN THE SPACE BELOW. NO BOXES NEED TO BE CHECKED. | Please Mark Here for Address Change or Comments | o | ||
SEE REVERSE SIDE |
FOR | AGAINST | ABSTAIN | ||
1. To approve the appointment by the Class A Directors on February 15, 2005 of David A. Burwick as a Class A Director to fill the vacancy created by the resignation of James C. Kautz | o | o | o |
PLANNING TO ATTEND? Please help our planning efforts by letting us know if you expect to attend the Annual Meeting. Please call (800) 372-1131 ext. 5050, and check the box to the right. | o |
THE SHARES REPRESENTED BY THIS PROXY WILL BE VOTED AS DIRECTED. IF NO DIRECTION IS INDICATED SUCH SHARES WILL BE VOTED IN FAVOR OF SUCH ITEM. |
2. Election of Class A Directors, | |||
FOR all nominees listed. (Except as marked to the contrary to the right.) | WITHHOLD authority for all nominees listed. | 01 David A. Burwick, 02 Pearson C. Cummin, III and 03 Robert N. Hiatt, (Instructions: To withhold authority to vote for any individual nominee, write that nominee’s name in the space provided below.) | |
o | o |
Signature | Signature | Dated: |
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Internet http://www.proxyvoting.com/sam Use the Internet to vote your proxy. Have your proxy card in hand when you access the web site. | OR | Telephone 1-866-540-5760 Use any touch-tone telephone to vote your proxy. Have your proxy card in hand when you call. | OR | Mail Mark, sign and date your proxy card and return it in the enclosed postage-paid envelope. |
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THE BOSTON BEER COMPANY, INC.
PROXY – Annual Meeting of Stockholders – May 4, 2005
CLASS A COMMON STOCK
The undersigned, a stockholder of THE BOSTON BEER COMPANY, INC., does hereby appoint C. James Koch and Frederick H. Grein, Jr., or either of them, acting singly, the undersigned’s proxy, with full power of substitution, to appear and vote at the Annual Meeting of Stockholders, to be held on Wednesday, May 4, 2005 at 10:00 A.M., local time, or at any adjournments thereof, upon such matters as may come before the Meeting.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS.
The undersigned hereby instructs said proxy, or his substitute, to vote as specified on the reverse side on the following matters and in accordance with his judgment on other matters which may properly come before the
Meeting.
(Continued and to be Completed on Reverse Side)
Address Change/Comments (Mark the corresponding box on the reverse side)
5FOLD AND DETACH HERE5
Admission Ticket |
THE BOSTON BEER COMPANY, INC.
2005 ANNUAL MEETING
Wednesday, May 4, 2005
10:00 A.M.
The Brewery
30 Germania Street
Boston, MA 02130