Slide 1: Petrifilm at Neogen
Petrifilm at Neogen April 22, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes “forward-looking statements” as that term is defined in Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Neogen’s current expecta
Slide 3: Neogen Petrifilm Plates: A more sustainable solution
*Results compared to traditional agar plates. Neogen® Petrifilm® Plates A more sustainable solution for: 76% Less energy 75% Less CHG emissions 79% Less water 66% Less waste Enhance productivity by 48% on average Count up to 900 plates per hour with reader Up to 85% less space than agar* Data in up
Slide 4: Petrifilm Manufacturing
© 2025 Neogen Corporation. All rights reserved. | 4 Petrifilm® Manufacturing Neogen understands the importance of Petrifilm to customers and the industry, and is making investments to ensure the operations deliver stable, reliable supply well into the future. Neogen has built a state-of-the-art prod
Slide 5: Petrifilm Manufacturing Process Flow
Petrifilm® Manufacturing Process Flow Quality Testing Packaging Shipping Represents current process in South Dakota and Poland Future process will be consolidated at Lansing, MI, facility Manufacturing Process Slitting Converting
Slide 6: From when we started... where are we today?
From when we started….where are we today? Broke ground July 20, 2022 Construction officially started in October 2022 Staffing Key technical positions filled Conveyed former 3M employees will stay on as key trainers and subject matter experts Building progress Main building complete Equipment progres
Slide 7: Petrifilm Manufacturing – Expected Remaining Timeline
Q1 FY27 Q2 FY27 Q3 FY27 Q4 FY27 Q1 FY28 Petrifilm Manufacturing – Current Expected Remaining Timeline Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Primary Production Equipment Installation Transition manufacturing partner currently manufactures Petrifilm on older equipment in South Dakota and more modern
Slide 8: Other Key Messages
Other Key Messages Largest potential tariff impact is in Animal Safety segment Mitigating actions include pricing, utilizing agricultural exemptions, re-routing of supply and re-sourcing, as appropriate Focusing the Genomics business primarily on bovine is expected to happen over a multi-year period
Slide 9: Thank you!
NEOGEN Thank you!