Wide Open Agriculture Ltd. · ASX:WOA
Wide Open Agriculture — Canaccord Genuity 42nd Annual Growth Conference 2022
19 slides from Wide Open Agriculture's conference presentation, Aug 10, 2022
Slide 1: Canaccord Genuity 42nd Annual Growth Conference Investor Presentation
For personal use only CANACCORD GENUITY 42nd ANNUAL GROWTH CONFERENCE INVESTOR PRESENTATION BOSTON, MA 10 August 2022 ASX: WOA
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation has been prepared by Wide Open Agriculture Limited (ASX: WOA) (the “Company”). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not trea
Slide 3: Wide Open Agriculture
WIDE OPEN AGRICULTURE For personal use only AUSTRALIAN PORTFOLIO OF FOOD & CARBON PARTICIPATING IN THE DRINKS SOURCED FROM NEUTRAL FASTEST GROWING REGENERATIVE PLANT-BASED SECTORS F&B COMPANY FARMING EXPANDING VISION TO CREATE A GLOBAL SALES & 115% Y-O-Y BETTER FUTURE DISTRIBUTION NETWORK REVENUE GR
Slide 4: Why Regenerative Farming?
WHY REGENERATIVE FARMING? For personal use only BUILDS HEALTHY INCREASES FARM PROTECTS LOCAL BENEFITS FIGHTS CLIMATE CARBON-RICH SOIL RESILIENCE ECOSYSTEMS CONSUMERS CHANGE Improves soil Reduces exposure Reduces use of Improved quality Improves carbon health & structure to chemicals chemicals of foo
Slide 5: Active in the Most Exciting Sectors
ACTIVE IN THE MOST EXCITING SECTORS For personal use only PLANT-BASED PROTEIN PLANT-BASED MILKS HEALTH & WELLNESS UNIQUE, ON TREND ECO-FRIENDLY CARBON $2.7m PROTEIN MADE NEUTRAL REGENERATIVE $2.28m $2.6m FROM LUPIN OAT MILK BRAND $1.68m $1.42m $1.13m High protein oat milk Plant-based snacks Q3 Q4 Q1
Slide 6: Achieving Robust Revenue Growth
$9.26m For personal use only ACHIEVING ROBUST REVENUE GROWTH FY22 Revenue 115 PERCENT $4.31m $9,266,668* Y-ON-Y GROWTH REGENERATIVE IS CASH @ BANK1 $1.44m RESONATING $19.7M GLOBALLY FY20 FY21 FY22 * Unaudited results / Figures in Australian dollars (AUD) (1) Cash as @ 31st June 2022 6
Slide 7: Plant-Based Is Exploding and Here to Stay
$162bn For personal use only $139bn $123bn WE ARE HERE… $109bn $94bn $78bn PLANT-BASED IS $44bn $52bn $65bn EXPLODING AND $29bn $35bn HERE TO STAY… 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Total global plant-based retail market size (USD) Bloomberg Intelligence, OECD FAO Agricultural O
Slide 8: Buntine Protein
BUNTINE PROTEIN® For personal use only Raw Ingredient Unlocking lupin’s value World-first breakthrough AUSTRALIAN SWEET LUPIN SUPPLY & MANUFACTURING BUNTINE PROTEIN ® West Australia grows an estimated 60% of Buntine Protein® is a high-value, global Australian Sweet Lupin. plant-based protein concent
Slide 9: Buntine Protein Product Pipeline
BUNTINE PROTEIN® PRODUCT PIPELINE For personal use only Near term commercial opportunity Potential future products R&D Concept Commercial PLANT-BASED BURGER PLANT BASED MILK MEAT SAUSAGE CHICKEN US$38bn by 2024 1 US$28bn by 2025 2 MINCE R&D Concept Commercial BUNTINE PROTEIN ENRICHED OAT MILK NOODLE
Slide 10: Buntine Protein Oat Milk
BUNTINE PROTEIN® OAT MILK For personal use only HEALTH BENEFITS COMMERCIAL ADVANTAGES Regenerative, plant-based The higher protein content is alternative to dairy. expected to out-position soy, almond and dairy milks. Naturally free from dairy, lactose, Potential to gain market share soy and cholest
Slide 11: Buntine Protein Manufacturing
BUNTINE PROTEIN® MANUFACTURING For personal use only PILOT SCALE PRODUCTION FACILITY LARGE SCALE COMMERCIAL VISION – UP TO 10,000 MT P.A. Q1 FY23 FULL OPTIMISED FULLY FUNDED OPEN & OPERATING PRODUCTION Conceptual design of commercial Buntine Protein manufacturing facility 11
Slide 12: Buntine Protein Supply Agreement
BUNTINE PROTEIN SUPPLY AGREEMENT BUNTINE PROTEIN® For personal use only SUPPLY AGREEMENT Supply Agreement with Monde Nissin Australia Pty Ltd (MNA) MNA is the owner of leading food and beverage brands - Nudie, Black Swan, Peckish, and Wattle Valley MNA to use Buntine Protein® to develop and test pla
Slide 13: Diversified Commercial Model
DIVERSIFIED COMMERCIAL MODEL For personal use only BUSINESS TO CONSUMER BUSINESS TO BUSINESS Develop, launch and market plant- Sign supply agreements with based protein products under the established brands and provide Dirty Clean Food brand. Buntine Protein® as ingredient. HIGH PROTEIN OAT MILK WIT
Slide 14: Immediate Commercial Priorities
IMMEDIATE COMMERCIAL PRIORITIES For personal use only SCALE PRODUCT CUSTOMER GLOBAL LAUNCH PRODUCTION DEVELOPMENT ENGAGEMENT Increase production at Develop and launch new Launch Buntine Protein at Secure further offtake the pilot facility to meet plant-based food and South East Asia’s largest food a
Slide 15: Our Oat Milk Is Regenerative and Delicious
OUR OAT MILK For personal use only IS REGENERATIVE AND DELICIOUS Delicious dairy free milk alternative. Made from regeneratively grown, premium Western Australian (WA) oats. Multiple flavours already on sale with increasing uptake globally. Products are naturally healthy, with added calcium & vitami
Slide 16: We Are Building a Global Sales & Distribution Network
WE ARE BUILDING A GLOBAL SALES & DISTRIBUTION NETWORK For personal use only Recent distribution agreements* Global retail & café locations Global uptake gaining momentum Min A$500,000 pa 1500 1500 1400 Est. A$750,000 pa 1300 1200 TAIWAN 1100 UAE HONG KONG Min A$150,000 pa 1100 1000 SAUDI ARABIA SING
Slide 17: Action on Climate & Biodiversity
For personal use only ACTION ON CLIMATE & BIODIVERSITY 1 Natural Capital Accounting - All suppliers undertaking a full natural capital accounting assessment including remote soil organic carbon assessment. Carbon & biodiverse native tree planting - Biodiverse tree 2 plantings accepted into registere
Slide 18: Key Takeaways
KEY TAKEAWAYS For personal use only GLOBAL LEADER IN ACHIEVING SYSTEMATIC WE ARE A GENUINE ESG INVESTMENT LOW CARBON REVENUE GROWTH FOOD, DRINKS & PROTEIN OVER THE LAST 3 YEARS BUNTINE PROTEIN IS A UNIQUE OAT MILK STRONG IP PRODUCTS EXPERIENCING WITH GLOBAL APPLICATIONS GAME CHANGER INCREASING IN PL
Slide 19: For personal use only
For personal use only This presentation has been authorised and approved in accordance with the Company’s published continuous disclosure policy and has been approved by the Managing Director BEN COLE Managing Director M: (+61) 0415 387 270 E: ben@wideopenagriculture.com.au
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