Bioceres Crop Solutions Corp. · NASDAQ:BIOX
Bioceres Crop Solutions — 2021 BIG5 Conference
24 slides from Bioceres Crop Solutions's conference presentation, September 2021
Slide 1: Investor Presentation
Investor Presentation NASDAQ: BIOX September 2021
Slide 2: Disclaimer
Disclaimer This Presentation is for informational purposes only and does not constitute an offer or invitation to sell, a solicitation of an offer Financial Information Presentation to buy, or a recommendation to purchase any equity, assets, business, debt or other financial instruments of the Compa
Slide 3: Corporate Overview
Corporate Overview We are a fully-integrated provider of crop productivity technologies designed to enable the transition of agriculture towards carbon neutrality A Compelling Biotech Story Grower- and consumer-oriented solutions Biotech platform with high-impact technologies around sustainable prod
Slide 4: History
History 43 years of experience utilizing multiple technological approaches to develop and commercialize products that enhance crop quality and productivity Bioceres Regulatory consolidates approval for HB4 80% of wheat in Rizobacter Argentina Regulatory Digital platform Transferred approval of HB4 f
Slide 5: Snapshot
Snapshot Leading positions and multiple growth levers By the numbers Operational Revenue & Main Growth Business Segments Gross Margin1 Lever $197.4M 1st to achieve drought-tolerant wheat and soy Adjuvant Revenues1 Crop Protection $107.6M | 40% expansion - Brazil 23% market share in soybean biologica
Slide 6: Agriculture and Climate Change
Agriculture and Climate Change We will need 2.1x planets by 2050 Contribution to Green House Gas Emissions1 Effects of climate change on Agriculture 24% 21% Industry Projections for 2050 indicate crop yields to drop more than 10%2 Agriculture, Forestry and other land use Lower yields result in grain
Slide 7: The HB4 Technology Performance
The HB4 Technology Performance The only available technology for drought tolerance in soy-wheat cropping systems Soy Wheat Control Control +13% impact in yields +19.5% impact in yields 7
Slide 8: HB4 Value Creation to Growers
HB4 Value Creation to Growers Total addressable market Additional value created Total Addressable Share of by HB41 Market2 Total Market3 Soy High Low 20-25M ha ~25-30% Wheat High Low 2.5-3.0M ha ~30-35% 1 Analysis comprise average historical HB4 yield improvement extrapolated by county, for each cou
Slide 9: HB4 Market Access and Regulatory Status
HB4 Market Access and Regulatory Status Submission Approval Production - Food&Feed Regulatory approval in over 85% of the global soy Soy Uruguay Argentina market (AR, BR, CA and US) China USA Bolivia Brazil First approval for drought India Paraguay tolerance EU Canada events in wheat Malaysia _ Whea
Slide 10: The Integrated Seed Product Concept
The Integrated Seed Product Concept GERMPLASM TRAITS PEST CONTROL HB4 Drought tolerance technology MOLECULES Customized microbial solutions POLYMER Top tier germplasm BIOLOGICALS Digital solutions EXTERNAL FLOWABILITY AGENT 10
Slide 11: The HB4 Program Scalable Sustainability
The HB4 Program Scalable Sustainability Identity preserved production system to multiply The Program establishes good agricultural practices HB4 seeds with selected growers for growers, which enhanced by our technologies, significantly contribute to the transition of agriculture towards carbon neutr
Slide 12: Grower- and consumer-oriented solutions strongly backed by Digital Technologies
Grower- and consumer-oriented solutions strongly backed by Digital Technologies Grower Consumer Tracking productivity and Crop monitoring & Full visibility on low C-footprint environmental KPIs for real time Inventory surveillance farming practices & grain decision making tools processing Productivi
Slide 13: HB4 Program Update
HB4 Program Update ~55K Hectares Planted 225 Growers 100% Customer repeat rate for next cycle Wheat $6.4M Contributed goods1 3 350 42% Gross Margin Varieties Sites ~23K Hectares Harvested 148 Growers 3 Regions Soybean $1.9M Contributed goods1 7 220 47% Gross Margin Varieties Sites 1 Contributed good
Slide 14: Company Performance
Company Performance Proven track-record in delivering solid financial performance Revenues ($M) Adjusted EBITDA ($M) 210 173 161 47 48 41 134 87 22 14 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Adjusted EBITDA Margin (%) 16% 16% 25% 27% 23% 1 Financials presented correspond to As Reported fin
Slide 15: Balance Sheet and Cash Position
Balance Sheet and Cash Position Net Debt 1.98x 2.12x 3.05x 2.89x 2.51x LTM EBITDA Current Debt 97.9 96.7 $ Million 101.1 75.1 134.2 Non-Current Debt 84.3 128.6 121.3 103.5 92.0 Cash & Equivalents 89.5 59.6 85.4 56.0 73.8 49.2 63.7 62.0 49.2 36.1 LTM Financial Expenses 17.3 17.2 14.6 12.7 12.7 Net De
Slide 16: Exhibits
“@ Bioceres Crop Solutions
Slide 17: Unaudited Consolidated Statement of Comprehensive Income
Unaudited Consolidated Statement of Comprehensive Income Three-month period Three-month period Fiscal year Fiscal year ended 06/30/2021 ended 06/30/2020 ended 06/30/2021 ended 06/30/2020 Total revenue 82,211,114 48,173,814 209,526,178 173,092,172 Cost of sales (49,802,175) (25,347,698) (118,890,568)
Slide 18: Unaudited Consolidated Statement of Financial Position
Unaudited Consolidated Statement of Financial Position LIABILITIES 06/30/2021 06/30/2020 CURRENT LIABILITIES Trade and other payables 72,803,496 57,289,862 ASSETS 06/30/2021 06/30/2020 Borrowings 73,832,610 63,721,735 CURRENT ASSETS Employee benefits and social security 4,680,078 4,510,592 Cash and
Slide 19: Main Corporate Entities
Main Corporate Entities 52% Public investors and others 41.6M Outstanding shares Bioceres LLC (NASDAQ: BIOX) (USA) 48% 100% 80% 100% Rizobacter Bioceres Semillas S.A. 8 international S.A. (ARG) (ARG) subsidiaries Bolivia 100% 50% Colombia 50% Brazil Synertech USA Verdeca LLC Trigall S.A. (ARG) Parag
Slide 20: Product Portfolio
Product Portfolio Segment Crop Protection Crop Nutrition Seed and Integrated Products Subsegments Adjuvants Insecticides & Inoculants & Micro-beaded Seed Treatments Seed Traits & Fungicides Biofertilizers Fertilizers Germplasm Increase effectiveness Full range of pest Nitrogen-fixing Micro-beaded Fu
Slide 21: IP Asset Portfolio
IP Asset Portfolio A well-developed and strong portfolio of patents, trademarks and plant variety protections 214 Traits include improved yield, 49 165 Patents and drought tolerance, NUE, WUE Genes currently Licenses link to crop- Patents applications as holder or and TREF technologies, delayed prot
Slide 22: Diversified Infrastructure Portfolio
Diversified Infrastructure Portfolio Limited Capex Requirements Reflects Well-Invested Asset Base Seed and Crop protection Crop nutrition integrated products Operational capabilities in Argentina Fully operational 50,000 ton micro beaded Proprietary brands in leading seed and Brazil for production o
Slide 23: Management
Management Federico Trucco, Chief Executive Officer Federico is the son of Víctor Trucco and María Cristina Fossaroli, both descending from Italian immigrants that settled as farmers in the central- south region of Santa Fe province. He originally joined Bioceres as a research leader for one of its
Slide 24: Contact Us
Contact Us Investor Relations Investorrelations@biocerescrops.com (54) 0341 4861100 Investors.biocerescrops.com 24