Slide 1: Business Update Conference Call 2nd Quarter Fiscal Year 2024
SCIENCE IN FOOD INGREDIENTS Business Update Conference Call 2nd Quarter Fiscal Year 2024 March 13th, 2024
Slide 2: Disclaimer
Disclaimer SCIENCE IN FOOD INGREDIENTS This presentation was prepared for informational purposes only by Moolec Science SA, (“Moolec”). The information provided in this presentation is intended to highlight certain matters bearing upon the current status of Moolec that may be of interest to potentia
Slide 3: Agenda
Agenda SCIENCE IN FOOD INGREDIENTS 1 Strategic Pillars for Value Creation 2 Scientific and Operational Progress 3 Financial overview .03 Conference Call 2nd Quarter Fiscal Year 2024
Slide 4: 1. Strategic Pillars for Value Creation
SCIENCE IN FOOD INGREDIENTS 1. Strategic Pillars for Value Creation
Slide 5: Moolec's Strategic Pillars for Value Creation
Moolec’s Strategic Pillars for Value Creation SCIENCE IN FOOD INGREDIENTS Science & Product Intellectual Regulatory Strategic Development Property Approvals Alliances Disruptive integral solutions IP powerhouse with more than Clear regulatory pathway for new Partnerships with established players usi
Slide 6: Pipeline Status
Pipeline Status SCIENCE IN FOOD INGREDIENTS PROGRAM PLATFORM PROJECT R&D OPERATIONS REGULATION DISCOVERY TRANSFORMATION DEVELOPMENT SELECTION SCALE-UP DOWNSTREAM STATUS SPC2 Nutritional Supplements, Safflower Food Ingredients GLASO Yeast YEEA1 Latest Progress SOOY1 Soybean Meat SOOY2 Replacements SO
Slide 7: 2. Scientific and Operational Progress
SCIENCE IN FOOD INGREDIENTS 2. Scientific and Operational Progress
Slide 8: Moolec's scientific team keeps projects on track
SCIENCE Moolec´s scientific team keeps projects on track IN FOOD INGREDIENTS SOOY1 | Piggy Sooy™ Platform Third generation (T3) soybean seed propagation has started, and fourth generation (T4) seeds are expected to be harvested in April 2024. A molecular analysis reveals that the current T3 soybean
Slide 9: Moolec has accomplished YEEA1 product prototype in time and form
Moolec has accomplished YEEA1 product prototype SCIENCE in time and form to move forward with next stages IN FOOD INGREDIENTS Nutritional supplement and food ingredient rich in bioavailable iron Price competitive to animal-based Minimally Processed Scalable .09 Conference call 2nd Quarter Fiscal Yea
Slide 10: YEEA1 Next Steps
SCIENCE YEEA1 Next Steps IN FOOD INGREDIENTS Consecutive batches GMP (HACCP) Facility Scale-up 1,000 L Characterization for safety dossier Pre-commercial sampling Scale-up Validation: 35 Bioavaiable Iron 30 30.6 (mg/gCDW) 25 20 15.8 15 10 05 2.25 00 Shake Flask Bench Bioreactor Pilot Scale Bioreacto
Slide 11: 3. Financial Overview
SCIENCE IN FOOD INGREDIENTS 3. Financial Overview
Slide 12: Financial Highlights for the Second Quarter of FY2024
Financial Highlights for the Second Quarter of FY2024 SCIENCE IN FOOD INGREDIENTS Normalized revenues and other income (Ex-IAS 29) of ~$1.7M slightly down QoQ; As reported figures affected by the application of lAS 29 accounting; R&D, Admin and other Expenses in line with historical track record of
Slide 13: Condensed Consolidated Statements of Operations
Condensed Consolidated Statements SCIENCE of Operations IN FOOD INGREDIENTS For the For the Change For the For the Change three months three months % six months six months % ended ended ended ended December September December December 31, 2023 30, 2023 31, 2023 31, 2022 (In thousands of U.S. dollars
Slide 14: Condensed Consolidated Statements of Financial Position
Condensed Consolidated Statements SCIENCE of Financial Position IN FOOD INGREDIENTS As of As of Change December June % 31, 30, 2023 2023 (In thousands of U.S. dollars, unless otherwise noted) Current assets 3,550.3 5,331.8 (33%) Non-current assets 17,770.6 18,719.5 (5%) Total assets 21,320.9 24,051.
Slide 15: Condensed Consolidated Statements of Cash Flow
Condensed Consolidated Statements SCIENCE of Cash Flow IN FOOD INGREDIENTS For the For the Change six months six months % ended ended December December 31, 31, 2023 2022 (In thousands of U.S. dollars, unless otherwise noted) Net cash (used) / generated in operating activities (5,647.9) (583.0) 869%
Slide 16: Let's redefine the way we produce
SCIENCE IN FOOD INGREDIENTS Let’s redefine the way we produce animal-based food, for good and for all. Follow us! hello@moolecscience.com | ir@moolecscience.com moolecscience.com | ir.moolecscience.com