Benson Hill, Inc. · OTC:BHILQ
Benson Hill — Star Peak Corp II — SPAC Merger (September 2021)
15 slides from Benson Hill's SPAC merger presentation, Sep 10, 2021
Slide 1: September 2021 Investor Presentation
September 2021 Investor Presentation
Slide 2: Disclaimer
This presentation is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to the proposed business combination (the “Business Combination”) between Star Peak Corp II (“Star Peak II”) and Benson Hill, Inc. (“Benson Hil
Slide 3: Use of Projections and Financial Information
Use of Projections and Financial Information This presentation contains financial forecasts relating to the anticipated future financial performance of Benson Hill, the proposed acquiror and the combined company. For example, projections of future EBITDA and Adjusted EBITDA and other metrics are for
Slide 4: Disclaimer (Cont'd)
Disclaimer (Cont’d) This presentation provides summary information only and is being delivered solely for informational purposes. The recipient of this presentation acknowledges that: 1. Star Peak II and Benson Hill do not provide legal, tax or accounting advice of any kind. 2. It is not relying on
Slide 5: Risk Factors
Risk Factors 5 Investing in the business combination involves a high degree of risk. Below is a summary of certain risk factors that make an investment in the proxy solicitation/consent solicitation statement/proxy statement speculative or risk. This summary is not comprehensive. Additional discussi
Slide 6: Star Peak II Identified Benson Hill as the Leading Food Technology Platform
Star Peak II Identified Benson Hill as the Leading Food Technology Platform Driving the Plant - Based Revolution Leadership Matt Crisp President & CEO DeAnn Brunts CFO Eric Scheyer CEO Mike C. Morgan Chairman • Consumer - centric approach driving crop innovation to improve food by unlocking the natu
Slide 7: A Food Technology Leader Supplying the 'Picks and Shovels' of the Plant-Based Revolution
A Food Technology Leader Supplying the ‘Picks and Shovels’ of the Plant - Based Revolution Significant and Growing Addressable Market Capitalized for Growth Unique and Proprietary Innovation Engine: CropOS ® Rapidly Growing Revenue at Commercial Inflection • $140bn near - term TAM opportunity in pla
Slide 8: Unlocking the Full Potential of the Plant-Based Revolution Requires a Better Seed
Unlocking the Full Potential of the Plant - Based Revolution Requires… …A Better Seed… …and an Integrated Solution Breeder & Seed Producer Farmer Processor / Wholesale Supplier Food/Beverage Company Food Service Retail Consumer Benson Hill’s model spans the value chain, linking consumer trends back
Slide 9: How We Provide Value to the Supply Chain & Consumers
How We Provide Value to the Supply Chain & Consumers Benson Hill’s Technology Leverages Seeds’ Genetic Diversity to: • Increase Protein Content • Enhance Flavor Profile • Reduce Agricultural Resource Intensity • Reduce Processing Steps and Costs • Result in Simpler Ingredient Mix • Unlock Genetic Di
Slide 10: Introduction to CropOS Food Innovation Engine
Introduction to CropOS ® Food Innovation Engine Driven by a Robust, Proprietary and Ever - Expanding Data Library Benson Hill has the ability to shorten product development timeline and decrease development costs Source: Benson Hill. 10 • Genomics • Artificial intelligence / machine learning • Compu
Slide 11: Demand for Plant-Based Protein is Growing Rapidly
0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 Soy Protein Concentrate (million tons) DEMAND FOR PLANT - BASED PROTEIN IS GROWING RAPIDLY… …BUT CAN’T BE SATISFIED USING CURRENT TECHNOLOGY (3) Value of meat substitute market expected to reach $140bn by 2029 (vs. $14bn today), growing at a ~26% CAGR (2) Demand f
Slide 12: Case Study: Ultra High Protein (UHP) Soybean Ingredient
1. Case Study: Ultra High Protein (UHP) Soybean Ingredient ~6 - 8 Year Head Start ROBUST PRODUCTION AND RESEARCH FOOTPRINT UHP opportunity identified through big data fusion and CropOS ® : Phenotypic, Soil Health, Microbiome 2. CropOS ® evaluated 970 data layers, across 20 years of climate data, and
Slide 13: Building Momentum to Take Advantage of Large Opportunity in Plant-Based Meat Substitute Market
Building Momentum to Take Advantage of Large Opportunity in Plant - Based Meat Substitute Market 13 UNVEILED AN ADVANCED YELLOW PEA BREEDING AND COMMERCIALIZATION PROGRAM 133% YOY GROWTH IN PROPRIETARY SOYBEAN ACRES, EXCEEDING 2021 TARGET LAUNCHED COLLABORATION WITH INNOVATIVE FARMERS TO LEVERAGE AD
Slide 14: Financial Results Demonstrates Execution
Financial Results Demonstrates Execution 14 Q2 2021 Highlights First Six Months 2021 Highlights TOTAL REVENUE: [ $ 39.7 M 28% year - over - year, or 47% on a normalized basis* INGREDIENT SEGMENT REVENUE: [ $ 22.7 M 28% year - over - year, or 64% on a normalized basis* FRESH SEGMENT REVENUE: [ $ 16.9
Slide 15: Expansive Platform Opportunity
Expansive Platform Opportunity 15 Food technology company : A category - defining company unlocking the natural genetic diversity of plants to lead the plant - based food revolution for healthier and more sustainable food and ingredient choices Proprietary CropOS ® technology platform: Uses artifici