Avax One Technology Ltd. · NASDAQ:AVX
Avax One Technology — AgriFORCE Growing Systems — Investor Presentation (October 2021)
33 slides from Avax One Technology's investor presentation, Oct 13, 2021
Slide 1: AgriFORCE Investor Presentation October 2021
AgriFORC= | Clean. Green. Better. INVESTOR PRESENTATION OCTOBER 2021 NASDAQ: AGRI
Slide 2: Disclaimer
— Disclaimer Forward-Looking Statements. This presentation and other written or oral statements made from time to time by representatives of AgriFORCE Growing Systems Ltd, contain “forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 2I
Slide 3: Why AgriFORCE?
Why | AgriFORC= ?|
Slide 4: The Overall Challenge
— The Overall Challenge Cultivators are challenged in achieving consistent, high quality, and environmentally friendly product. Consumers are looking for safer, more sustainable, and i) nutritious food. Governments are increasingly looking at the carbon footprint of agriculture and its massive use o
Slide 5: Our Purpose and Vision
— Our Purpose and Vision OUR PURPOSE We positively transform farm, food and family every day, everywhere. OUR VISION To be the world leader in delivering plant-based foods and products through advanced AG Tech Solutions AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI;AGRIW) We are focused on providing
Slide 6: Our Business Strategy
— Our Business Strategy We drive our business through 2 key verticals, achieved both organically and through M&A. @ AgriFORCE Solutions, aimed at providing a suite of world leading CEA, vertical urban and field agricultural facilities and services @ AgriFORCE Brands, aimed at developing and commerci
Slide 7: AgriFORCE Solutions
Agri FORC= — SOLUTIONS
Slide 8: We are an Industry Disruptor
We are an Industry Disruptor To date (i.e. its yield optimization). 90% + of a plant's ability to reach its full genetic potential is determined by its environment. All technology focused on bio-availability, pest management and nutrient management in totality, represent a fraction of yield gain of
Slide 9: AgriFORC= Clean. Green. Better e—— MANAGEMENT PRESET ATION
AgriFORC= Clean. Green. Better e—— MANAGEMENT PRESET ATION OCTOBER 2021
Slide 10: VIVIMIVYh
VIVIMIVYh F \ (ye NN Ne I = AgriFORC= Clean. Green. Bettere——— (apse MENT PRESENTATION Oetober 2021 10 y hs
Slide 11: Campus Plan
‘CAMPUS PLAN AgriFORC= Clean. Green. Better MANAGEMENT PRESENTATION | OCTOBER 2021
Slide 12: GrowHouse Proprietary Facilities Overview
— GrowHouse Proprietary Facilities Overview AgriFORCE proprietary facility design is an environmentally friendly and clean form of growing high-value crops to EU-GMP pharma grade standards in almost any extreme weather environment. The AgriFORCE proprietary IP focuses on four pillars that are design
Slide 13: GrowHouse Proprietary Facilities Advantage
— GrowHouse Proprietary Facilities Advantage Facility Designs: e Integrated solution that harnesses the power of the sun e Creates a natural and controlled environment to bring farm fresh, pure, pesticide-free produce to consumers AgriFORCE Hydroponics Provides: e Consistent USDA organic equivalent
Slide 14: Development and Commercial Status
— Development and Commercial Status e 4 potential facility contracts in the pipeline. e 1 facility expected to be completed late 2022/early 2023 with the 3 others completed 12-18 months thereafter. e Each one of these facilities is designed to generate up to $15M EBITDA per year. e Robust financial
Slide 15: Barbados Medical Cannabis Project
Barbados Medical Cannabis Project: Expected $24.5M Gross Revenue* with over 50% Operating Margin Annually over 5 Years Humboldt is an agriculture and aquaculture business based in Barbados, West Indies. They have entered into various licensing deals, leases and partnerships in Barbados to sell, dist
Slide 16: AgriFORC= Clean. Green. Better e—— MANAGEMENT PRESENTATION
\ It AgriFORC= Clean. Green. Better e—— MANAGEMENT PRESENTATION OCTOBER 2021
Slide 17: Our M&A Approach
— Our M&A Approach We are looking to bring under the AgriFORCE group leading providers of agricultural and AG Tech solutions with leading know-how or IP across our 4 pillars that can be leveraged to apply lessons learned and develop the next generation of solutions across multiple verticals aligned
Slide 18: AgriFORCE Brands
AgriFORC= WY BRANDS
Slide 19: We are challenging the norms
— We are challenging the norms AgriFORCE Brands is a division of AgriFORCE focused on the development and acquisition of plant-based ingredients and products that deliver healthier and more nutritious solutions. We market and commercialize both branded consumer product offerings and superior and dif
Slide 20: \ ra? It
\ ra? It AgriFORC= Clean. Green. Better »——_ MANAGEMENT PRESENTATION OCTOBER 2021
Slide 21: Manna Nutritionals Group
= Manna Nutritionals Group Our in progress acquisition of MNG IP encompasses patent-pending technologies to naturally process and convert grain, pulses and root vegetables, resulting in low-starch, low-sugar, high-protein, fiber-rich baking flour products, as well as a wide range of breakfast cereal
Slide 22: Introducing the un(THINK) Foods brand
— Introducing the un(THINk).. Foods brand Low Carb, keto, anti-oxidants, multi-this, minus-that, meat or dairy or whatever alternatives, the food world has fundamentally changed in the past ten years, driven by consumers looking for both a physical and emotional sense of wellness. But in general, th
Slide 23: Un(THINK) Timeline
— Un(THINK) Timeline Expected Additional Patents to be Filed 1st Patent Grant Oct 2021 — June 2022 +Product Qualification Brand Consumer Qualification Claims Finalization +R&D Product Platforms 2H 2022 Pilot Market Test + Consumer Products -B2B Ingredients Solution + Small Scale Manufacturing Plant
Slide 24: AgriFORC= Clean. Green. Better e—— MANAGEMENT PRESENTATION
\ It AgriFORC= Clean. Green. Better e—— MANAGEMENT PRESENTATION OCTOBER 2021
Slide 25: Our M&A Approach
— Our M&A Approach We are looking to expand the AgriFORCE portfolio by acquiring IP driven Plant Based Products. Our targets will be revenue producing or will have near term (within 6-9 months) revenue producing potential. Cost Advantaged Next Gen 5 Process and Plant Proteins Bocas Mies: Manufacturi
Slide 26: Our Growth Model
Our ; if d Agri FORC= 3 Growth Model 2 \ Ke
Slide 27: AgriFORCE - Strategy & Corporate Structure
— AgriFORCE - Strategy & Corporate Structure AgriFORCE Growing Systems Ltd. AgriFORCEBrands _n AgriFORCE Solutions (THINK) Future M&A & Foods Organic Area High Fiber, High Protein Low Starch Grain and Pulse Flours, Baked Goods, Dairy Alternatives, Nutrition Bars and Juices, Pharma & Baking Vaccines
Slide 28: Our Management Team
— Our Management Team @ @ CEO Ingo Mueller Ingo has been involved in the finance and advisory business for the past 25 years. His previous executive experience includes being the CEO of WIGU City Edutainment Centres PLC, London Mining PLC (Colombia), and International Coal Company Ltd. AgriFORC PRES
Slide 29: AgriFORCE - Capitalization Table
= AgriFORCE - Capitalization Table TOTAL SHARES ISSUED & OUTSTANDING Wreee! warrants (strike $6.00) 3,088,198 warrants (strike $7.50) 2,546,065 Stock Options 742,276 TOTAL FULLY DILUTED SHARES OUTSTANDING cid Shares in Public Free Float (as of July 28, 2021) 4,783,797 As of October 2021 AgriFORC= Cl
Slide 30: Questions and email alerts
If you have any further questions, please don't tate to touch base. Sign up for real time updates from the company at; agriforcegs.co! vents/email-alerts AgriFORC= Clean. Green. Betters——_ MANAGEMENT PRESENTATION OCTOBER 2021 30
Slide 31: Appendix A
— Appendix A The Company's EBITDA estimates are forward-looking statements that are based on management's current best estimates of the Company's revenue, costs, and proforma EBITDA projections under its current business model from its AgriFORCE cultivate facilities. These estimates are based upon t
Slide 32: Appendix B - Risk Factors
— Appendix B Risk Factors AgriFORCE Growing Systems Ltd. (the “Company’) is subject to a substantial degree of risk in the execution of its business plan and its ability to succeed should be regarded as highly speculative due to the early stage of the development of the business of the Company. The
Slide 33: Appendix B (continued)
= Appendix B (continued) the Company currently has insurance coverage; the Company does not anticipate the ability to immediately diversify its business; the Company may face significant competition from other facilities; the Company could be liable for fraudulent or illegal activity by its employee
AgriFORCE Growing Systems — Investor Presentation (October 2021) on 6ix