Newtree Societe Anonyme · EURONEXT:NEWT
Newtree Societe Anonyme — Newtree — Shareholder Meeting (July 2022)
41 slides from Newtree Societe Anonyme's shareholder meeting presentation, Jul 6, 2022
Slide 1: IMPACT Investing For ALL
IMPACT Investing For ALL 07/06/2022 – ANNUAL GENERAL MEETING 06 /07 /2022 – Annual General Meeting
Slide 2: Agenda
AGENDA 1. Experience ~ Team / IC / Board Members 2. ESG ~ Spectrum / Pillars 3. Strategy ~ Mission / USP / Growth 4. Snapshot ~ Key Events / Highlights 5. Investments ~ 2021 / 2022 / Stage 6. Finance ~ Key Figures / NAV / Capitalization 7. Post-Closing ~ Fund 3 / Cubiq Foods / Atomo Coffee 8. Impact
Slide 3: PEOPLE > Team, IC & Board
PEOPLE > Team, IC & Board 3 06 /07 /2022 – Annual General Meeting
Slide 4: Team
Team Food Leadership Benoît Thibaud de SAINT- Abhishek Future DE BRUYN QUENTIN ANAND HIRING Founder & Managing Portfolio Investment Finance & Legal Director Adviser Analyst Adviser — 25+ years experiences as — 30+ years of Leadership — 3+ years of experience as a — Back-office activities and Founder
Slide 5: Investment Board
Investment Board Top-Notch Investment Committee Fabian Nicolas Benoît Frédéric Thibaud de Alain Serge SEUNIER SAILLEZ DE BRUYN POUCHAIN SAINT-QUENTIN BALTHAZART DEMOULIN Investment Investment Investment Investment Investment Investment Officer Officer Founder & MD Officer Observator Officer Officer
Slide 6: Board members
Board members Strategic well-positioned International & Multidisciplinary board Benoît Michael Thibaud de Pascal Udaiyan Raymond Emilie DE BRUYN BAUM SAINT-QUENTIN HOUSSIN JATAR VAXELAIRE DALLEMAGNE Executive CEO Director Executive Director Director (CMO) Director Director BE & USA USA Director FR F
Slide 7: ESG > Spectrum & Pillars
ESG > Spectrum & Pillars 7 06 /07 /2022 – Annual General Meeting
Slide 8: Spectrum Focus
Spectrum We generate Impact & Return Type Traditional ESG risk ESG opportunity Impact Philanthropists investor mitigator seeker investor donors Focus Limited or no focus Focus on ESG risk Focus on ESG Focus on both impact Focus on one or a on ESG factors mitigation opportunities and financial return
Slide 9: Key Pillars
Key Pillars We focus on Climate Change Environment E Waste Emissions Water Land use Biodiversity Energy Materials Social S Labour Safety Rights Diversity Wellness Security Corruption Governance G 9 Behaviour Employment Indirect Procurement Fairtrade Transparency Tax 06 /07 /2022 – Annual General Mee
Slide 10: STRATEGY > Mission, USP & Growth
STRATEGY > Mission, USP & Growth 10 06 /07 /2022 – Annual General Meeting
Slide 11: Mission
Mission To Empower Investors to Fight against Climate Change We Democratize the Impact Space by giving retail investors a Stake in the Game Our Holding Invests in Disruptive companies reshaping the future of our Food systems 11 06-07-2022 -Newtree NewtreeImpact Impact
Slide 12: Growth Strategy
Growth Strategy Grow quickly in 3 Phases Closed Closed Phase 1 Phase 2 Phase 3 Q1/2 2021 Q4/Q1 2021/22 Q2/3 2022 — ‘Incorporation’ — Capital l’ > €0,85m Closed — TBD — Capital 0 & I > €2,4m — Capital ll > €4,1m — Newtree Group Spin-off — 3-5 Inv. : €0,5-2,5m — 3 participations — Stocks Portfolio — H
Slide 13: SNAPSHOT 2021 > Key Events & Highlights
SNAPSHOT 2021 > Key Events & Highlights 13 06 /07 /2022 – Annual General Meeting
Slide 14: Key Events 2021
Key Events 2021 Internal Activities 2nd Investment in Aqua-Spark (300k) Investment in Protix (€300K) Investment in Cubiq Foods (€500K) €1.60M Capital Raise Spin-off Newtree Group Launch of our website Investment in a US Fund ($1m) Jan 2021 Mar 2021 Jul 2021 Aug 2021 Dec 2021 Mar 2022 Apr 2022 Invest
Slide 15: Highlights
Highlights Public IMPACT Long-term Minority Invested Capital Geographies Holding Company De-Risking Strategy €4.9m 3 areas 4.1 1.6 0.8 0.5 0.3 Europe 3 Pillars Focus May '20 July '20 Jan '21 Sep '21 Mar '22 Israel Capital Raised - €m Food-tech 17% 1.81 Seed / A US Agri-tech 65% 0.60 0.79 0.81 Invest
Slide 16: INVESTMENTS > 2021/22, Stage & Allocation
INVESTMENTS > 2021/22, Stage & Allocation 16 06 /07 /2022 – Annual General Meeting
Slide 17: 2021 Investments
2021 Investments Detailed in the previous meeting AQUA SPARK ~ NL NEWTREE SA ~ BE PROTEON ~ PL PROTIX ~ NL FUNDS ~ US & EU – Global aquaculture – Sustainable chocolate – Precision biology for – Production of insect- – Plant-based, dairy, food- investment holding & coffee company microbiome protectio
Slide 18: 2022 Investments
2022 Investments Fund 3 / Cubiq Foods / Atomo Coffee Pre-Seed/Seed Series - A Series - B Growth/Pre-IPO Fund 3 Fund 1-2 18 06 /07 /2022 – Annual General Meeting
Slide 19: Our Participations
Our Participations Seed/Series A Growth/Series B/Pre-IPO Unique, Balanced & Diversified Stocks Funds Current Targeted FUNDS ATOMO COFFEE 1 : 496,712 € 311,819 € 2 : 298,679 € 18% 17% --- 15% 3 : 95,068 € CUBIQ FOODS 30% 500,000 € 4,914,004 € Invested PROTIX PROTEON 40% 299,879 € 500,275 € 15% --- --
Slide 20: FINANCE > Key Figures & Capitalization
FINANCE > Key Figures & Capitalization 20 06 /07 /2022 – Annual General Meeting
Slide 21: 2021 Balance Sheet
2021 Balance Sheet As of 12/31/2021, Belgian GAAP, €k ASSETS LIABILITIES Cash 513 Payables 24 Inventories 0 Short-Term 0 Receivables 10 Others 2 Others 0 Total Current 523 Total Current 26 Long-Term 0 Non-Current 0 Investments 3,995 EQUITY Tangible 0 Paid-in 4,704 Intangible 10 ‘20 Retained -161* Ot
Slide 22: 2021 Income Statement
2021 Income Statement As of 12/31/2021, Belgian GAAP, €k REVENUES Others 14 Total Revenues 14 Gross Profit 14 OPERATING EXPENSES Office Rent/Supplies -4 Salaries -36 Other Expenses -20 Listing Fees -7 Total -67 Operating Profit -53 Amortization/Depreciation -2 OPERATING INCOME 22 Interest Income 19
Slide 23: Our Participations
Our Participations As of May 2022 Investment Stage Committed Invested NAV* Proteon Pharmaceuticals Series B 500,275 € 500,275 € N/A Protix Pre-IPO 299,879 € 299,879 € N/A Aqua-Spark Growth 600,000 € 600,000 € 778,427 € Food-tech Fund Funds 500,000 € 298,679 € 373,349 € Alt-protein Fund Funds 1,000,0
Slide 24: Capitalization
Capitalization Post €4.1m April ‘22 Capital Increase New Investors Founders Benoit (Guillaume) Investors 11% Nominative Shares 63% Free Float 10% Euronext Access 4.667.980 Shares --- 4,667,980 Shares 37% 49% 9% Valuation pre-money - €7m Noshaq 2022/Q1 - €2,38/Share 9% IMBC Spinnova 6% 6% Savor Life
Slide 25: INVESTMENTS > Post-Closing
INVESTMENTS > Post-Closing 25 06 /07 /2022 – Annual General Meeting
Slide 26: US Fund
US Fund Agri-Food Tech Mission & Vision Commitment - $500k This Agri-Food Tech Fund is a new kind of Venture Capital that invests in growing technologies in the Agri- Food tech space in Pre-Seed/Seed/Series A companies. — Countries US This fund will look to invest across key Agri-food Tech themes su
Slide 27: Cubiq Foods
Cubiq Foods Animal-Fat Replacer 27 06-07-2022 -Newtree Impact
Slide 28: Cubiq Foods
Cubiq Foods Animal-Fat replacer Mission & Vision Our investment - €500k Cubiq Foods develops a technological platform to produce cell-based oils rich in omega-3 and new methods to prepare oil/water emulsions to replace saturated vegetable and animal fat ingredients. They — Country Spain aim to mimic
Slide 29: Cubiq Foods
Cubiq Foods Animal-Fat replacer 2021-22 Developments Short-Term Prospect ― €5.75m Safe Bridge, H1-2022, including Cargill & Moira Capital ― Expansions plans for opening of new locations in US, UK, & Northern EU ― Strategic partnership with Cargill for product & commercial ― Define a competitive pric
Slide 30: Atomo Coffee
Atomo Coffee Molecular Coffee 30 06-07-2022 -Newtree Impact
Slide 31: Atomo – We hacked the coffee beans
31 Atomo – We hacked the coffee beans 06-07-2022 -Newtree Impact
Slide 32: Atomo Coffee
Atomo Coffee Molecular Coffee Mission & Vision Our investment - €300k Atomo Coffee develops “coffee without the coffee beans”. They reverse engineer coffee’s aroma, flavor, color, caffeine content, and mouthfeel with upcycled and sustainable ingredients. Additionally, because — Country USA their cof
Slide 33: Atomo Coffee
Atomo Coffee Molecular Coffee 2021 Developments Short-Term Prospect ― USD 40m Series A, H1-2022, including Horizon & S2G Ventures ― Expanding the current facilities from 1K servings per day to 10K servings by EOY2022 & 20K servings by EOY2023 ― Increased product efficiency and reported a full 92% si
Slide 34: IMPACT > Achievements
IMPACT > Achievements 34 06-07-2022 -Newtree 06 - 07 -Impact 2022
Slide 35: Impact Sectorial Goals
Impact Sectorial Goals GHG Emissions (KgCO2eq) Energy Consumption (MJ/kg) 275 60 240 173 13.3 3.17 1.3 0.7 3.16 0.61 Water (Liters/kg) Land Usage (m2/Kg) 326.21 15,415 10,313 3,160 1,800 29.58 15 18 1.2 0.03 06 /07 /2022 – Annual General Meeting
Slide 36: Impact Achievements
Impact Achievements PROTEON FUNDS - US & EU ATOMO COFFEE NEWTREE — Fighting AMR by 62% 93% — 1st Carbon neutral removing antibiotics Less CO2 (tons) Less CO2 company in Belgium from food-chain — Aim on functional 88% 94% — Reducing Salmonella in chocolates with Less Land used Less Water food-chain s
Slide 37: Annual Meeting > Proposed Resolutions
Annual Meeting > Proposed Resolutions 37 06 /07 /2022 – Annual General Meeting
Slide 38: Resolutions
Resolutions 1. Governance ~ In process of Final Editing 2. Annual Accounts ~ Approval & Appropriation of the Company’s Result 3. Directors ~ Discharge to the Directors 4. Directors ~ Renewal of Director’s Mandates 5. Conclusion ~ Closing Remarks 38 06 /07 /2022 – Annual General Meeting
Slide 39: Thank you
Thank you Benoît de Bruyn, Founder & CEO + 32 476 750 337 benoit@newtreeimpact.com www.newtreeimpact.com 06-07-2022 -Newtree 06 - 07 -Impact 2022
Slide 40: Summary
Summary Terms & Structure — Investment in Disruptive Food-Tech companies providing solutions to fight Climate Change — Approach Series A, Opportunistic Late Stage, Equity Listed and Funds — ESG positioning Impact Investor — Geographic focus Europe, United States and Israel — Investment horizon Holdi
Slide 41: 06-07-2022 -Newtree Impact
41 06-07-2022 -Newtree Impact