Carinata: The Game-Changing Solution for Renewable Fuels
Agrisoma Develops and Sells Carinata Seeds Carinata seed is a non-food, non-gmo crop that is grown by farmers in a profitable and sustainable fashion as a second season crop option or fallow rotation option One 50 pound bag of commercial Carinata seed for planting produces over 4000 Litres of biofuels and over 11,000 pounds of animal feed Carinata is processed, producing low GHG oil for second generation biofuels and a high protein animal feed byproduct, all certified sustainable, non- GMO 2
Waste Palm Oil Petroleum Fuels Carinata is at Scale GHG Reduction of HVO Fuels To date >50,000 acres planted Currently selling product on three continents 47% Carinata Fuels: Best GHG Savings in the Market Best in class for GHG reduction Fortune 500 partners / customers 72% 77% 89% 102% gco 2 eq. 83.8 41.90 (1) 24.75 (1) 20.03 (1) 10.89 (2) -1.89 (3) Lower CO 2 eq. provide more GHG savings Feedstock CO 2 eq. + 9.75 CO2 eq. for HVO processing = HVO CO2 eq. (1) Data based on Sustainability Certificates from Southeastern production (2) Data based on current Second Crop production under ISCC (3) Data based on low inputs for Second Cropping under ISCC. Carinata is the Winner in GHG Reduction 3
Carinata Meal: High Protein, Non-GMO & Sustainable A new, proprietary alternative for animal feed High Protein Carinata meal has more protein than Canola or rapeseed, similar to soybean meal Non-GMO - There is a major shift in retail and consumer preference for non-gmo animal products, raised without GMO feed Carinata is a excellent fit for those markets In the Market - Carinata meal is now registered as a feed ingredient in Canada, USA and Europe and being sold into feed markets as a non-gmo meal 4
The Carinata Journey 5
Pursuing a Global Opportunity Through Targeted Markets Northern Tier Large acres available, excellent infrastructure, strong carbon profile, opportunity to service both US and EU markets via established logistics Started 2012 Scheduled 2019 EU World s biggest biofuel market, excellent infrastructure and partners, need for local Carinata production, forward thinking partners, excellent regulatory environment for biofuels Australia Southeastern USA Low to modest cost of production, strong infrastructure/logistics, excellent carbon profile Started 2014 Low cost production in rotation, excellent carbon footprint (even to carbon negative fuels), strong partners in place, massive opportunity for expansion Started 2016 South America Specific demand for biojet identified, large available acres, engaged global partner and specific customers Scheduled 2020 An aggressive, staged expansion to service an increasing industry demand curve 6
The Agrisoma Build-Out is Well Underway Agrisoma sits at the center of this global market, providing the technology that feeds the supply chain agreements/partnerships are driving global expansion 7
Agrisoma is the World Leader in Carinata Established our focus on Carinata in 2009, built the world s largest Carinata improvement program. Have strong patents on Carinata: Carinata varieties, core Carinata germplasm, commercial Carinata processing, GHG savings. Launched first product in 2012, expand our reach globally since with new product offerings and new production regions, proven ability to expand globally. Backed by more than $50MM in funding, with commitments from support programs to build the crop opportunity locally. More than a decade of crop development and strong commercial relationships. There is No Other Viable Competition that Offers the Industry a Scalable Low GHG Solution for a Growing Second Gen Biofuels Industry 8