1、1 TO OUR STOCKHOLDERS I am pleased to report that 2022 represented our 30th consecutive record year of increased net sales.Net sales rose to$6.3 billion in 2022 from$5.5 billion in 2021.Our innovation pipeline continues to accelerate.We are pleased with the ongoing growth prospects for our Monster E
2、nergy brand with the recent launch of our new Monster Energy Zero Sugar as well as a number of additional line extensions.We are also excited by the launch at the end of the 2023 first quarter of Reign Storm,which is positioned as a total wellness energy drink,in 12 oz.sleek cans,to address the newl
3、y emerging sector of competitive energy drinks in this space.Following the acquisition of CANarchy Craft Brewery Collective,LLC,a craft beer and hard seltzer company,early in 2022,we recently launched our first flavored malt beverage alcohol product,The Beast Unleashed,initially in six states.We are
4、 expanding sales of The Beast Unleashed into additional states.The Beast Unleashed contains six percent alcohol by volume and is available in four flavors.We are continuing to innovate in the alcohol sector and a number of new products are under development.Our Monster Energy brand and most of our S
5、trategic and Reign Brands continue to participate in the premium segment of the energy drink category.Our Monster Energy drinks are now sold in approximately 142 countries and territories globally and our Strategic Brands,comprised primarily of the various energy drink brands we acquired from The Co
6、ca-Cola Company in 2015,are now sold in approximately 63 countries and territories globally.Our Reign Total Body Fuel high performance energy drinks are sold in 25 countries and territories.Our affordable energy brands,comprised primarily of Predator and Fury,participate in the affordable segment of