15 slides from Burcon Nutrascience's shareholder meeting presentation, Sep 18, 2024
Slide 1: Burcon NutraScience: A New World in Plant-based Protein
Burcon NutraScience A New World in Plant-based Protein AGM Presentation – Sept 2024
Slide 2: Safe Harbour Statement
Safe Harbour Statement GENERAL Burcon NutraScience Corporation (“Burcon” or, the “Company”) is making this presentation available to selected persons on the terms and conditions set forth below. Any unauthorized use of the presentation is strictly prohibited. Additional information with respect to B
Slide 3: Market Growth Present Opportunities
Market Growth Present Opportunities Source: GFI 2022 State of the Industry Report. 3 3
Slide 4: Burcon Market Opportunity
Burcon Market Opportunity US$58-96MM US$76-165MM US$70-116MM US$68-113MM Multi-billion dollar Total Addressable Market US$215-392MM US$22-44MM 1. Allied Market Research: Soy Protein Isolate Market by Application (Food, Beverages, Medicine, Others), by Form (Organic, Conventional), by End User (Comme
Slide 5: Capital-Light Business Model
Capital-Light Business Model PROTEIN SALES NEW PROTEIN LAUNCHES PARTNERSHIPS & COLLABORATIONS • High gross margin • Product optionality • Technology fees / Royalty streams • Recurring revenue • Market expansion • Joint Development Agreements 5
Slide 6: Technology Phased Approach
Technology Phased Approach PHASE 1 - BUILD PHASE 2 - PARTNER PHASE 3 – LICENSE / SELL • New protein launch • Establish commercial capabilities • Scaling via strategics • Process validation • Capacity expansion • License to expand • New markets product reach • Prove unit economics • Drive revenue gro
Slide 7: Burcon Strategic Imperatives
Burcon Strategic Imperatives Identify Closer to More Influence Over Additional Customers and Manufacturing Revenue Streams End Markets Leverage Burcon’s assets, IP, Relationships with Properly implement and expertise and capabilities to customers and end markets optimize Burcon’s unique generate rev
Slide 8: Sales Strategy
Sales Strategy Customer Segmentation Approach Suite of Protein Solutions “Fast Movers” “Mass Premium” “Mainstream Accessible” REVENUE Hemp ▪ Sustainable, health halo, “on trend” protein ▪ High margin, speed to revenue ▪ Target innovative new brands/fast movers Canola ▪ Nutritionally complete, functi
Slide 9: Best-in-Class Differentiated Proteins
Best-in-Class Differentiated Proteins +50% HIGHER PROTEIN CONTENT PER GRAM SUPERIOR TASTE & FLAVOR PROPERTIES UNMATCHED PURITY & NEUTRAL COLOR Oilseed Hemp Protein 95% Hemp Cake Intermediate Protein Isolate Functional attributes obtained under neutral pH conditions have been converted to a 10-point
Slide 10: From Strategy to Execution
From Strategy to Execution Positioned Company for Strength December July March 2023 Oct / Nov • Production Agreement with • Executed first commercial • Validated customer partner manufacturer canola protein isolate • Capital-light business plan demand for Canola and • Installed proprietary processin
Slide 11: Scaling Drives Margin Expansion
Scaling Drives Margin Expansion Charting Path to Profitability • Production volume ramp Projected Gross Margin % • Cost optimization and scale drive 70% Phase 3 better unit economics 60% Poised to Capture Market Share 50% • 50+ prospective customers 40% Phase 2 • 15+ written expressions of interest
Slide 12: FY2025 Key Milestones
FY2025 Key Milestones Ramp Hemp & Canola Production • Customer interest exceeds expectations • Supply to meet demand Supply & Production Agreements • Optimize supply chain • Drive revenue growth & cost optimization Customer Wins • Former customers familiar with Burcon’s canola • Quicker customer pro
Slide 13: Better Starts with Burcon
Better Starts with Burcon Technology Scale-up and Sales Foundation for success World-class technologies Strong customer demand Disciplined cash management Capital-light manufacturing capabilities 13
Slide 14: Burcon NutraScience
Burcon NutraScience Differentiated Proteins Compelling Value Propositions Global Agri-Technology Leader 14
Slide 15: Let's Talk
Let’s Talk What would you like to know more about?