Ricebran Technologies · OTC:RIBT

Ricebran Technologies — Proxy Contest (June 2016)

35 slides from Ricebran Technologies's proxy contest presentation, Jun 16, 2016

  1. Slide 1: The Right Team with The Right Plan

    © 2016 RiceBran TechnologiesAll rights reserved The Right Team with The Right PlanCreating Sustainable Shareholder ValueRiding the Wave in Natural, Organic and Functional FoodsJune 2016

  2. Slide 2: Table of Contents

    © 2016 RiceBran TechnologiesAll rights reserved * Table of Contents Unlocking the Nutritional Value of Rice Bran

  3. Slide 3: Ancient History – 1989 to 2005

    © 2016 RiceBran TechnologiesAll rights reserved Ancient History – 1989 to 2005 Legal Entity Evolution1989 to 2005 Hickory Investments llFormed - 1998 Name Changed Alliance Consumer International (ACI)Two Public Offerings -1998-1999 Alliance Consumer International (ACI)Declared Bankruptcy - 1999 Nutr

  4. Slide 4: Recent History - 2008 to 2013

    © 2016 RiceBran TechnologiesAll rights reserved Recent History - 2008 to 2013 Q4 2008 SEC and BOD launched informal investigationsQ1 2009 Formal SEC investigation began; Interim management appointed Shareholder class action/ derivative suits filedQ3 2009 New President/CEO hired; Bank default; Bio-Re

  5. Slide 5: RiceBran Technologies Overview

    © 2016 RiceBran TechnologiesAll rights reserved RiceBran TechnologiesOverview

  6. Slide 6: A Turnkey Provider of Healthy Natural Products

    © 2016 RiceBran TechnologiesAll rights reserved A Turnkey Provider of Healthy Natural Products Unlocking the Nutritional Value of Rice Bran RiceBran is a global leader in the production and marketing of value added products derived from rice branWe use proprietary and patented technologies to produc

  7. Slide 7: A Tale of Two Segments

    © 2016 RiceBran TechnologiesAll rights reserved A Tale of Two Segments 1 - Source: NEXT Forecast 2016 2 - Source: Natural Products Insider: May 2016 USA SEGMENT BRAZIL SEGMENT Country in economic and political turmoilGDP and currency collapseManagement has taken steps to reduce overhead, management

  8. Slide 8: USA Segment: Transformation to Healthy Natural Foods

    © 2016 RiceBran TechnologiesAll rights reserved USA Segment: Transformation to Healthy Natural Foods Revenues $ Developed Strategic Plan 2013 2014 2015 Up-listed to NASDAQ Initial Capital Raise Acquired Healthy Natural ● ● ● ● ● Doubled capacity at Dillon plant 50% capacityincrease at Irgovel Health

  9. Slide 9: USA Segment: Converting Feed to Food

    © 2016 RiceBran TechnologiesAll rights reserved USA Segment: Converting Feed to Food Product Category 2013 2016E* Packaged Functional Foods / Nutricosmetics 0% 58% Functional Ingredients 22% 10% Food Ingredient 32% 15% Animal Feed 46% 17% USA Segment Revenue $11.9 Mn $31 to $33 Mn Gross Margins 24.5

  10. Slide 10: USA Segment: Post-Investment Installed Capacity

    © 2016 RiceBran TechnologiesAll rights reserved USA Segment: Post-Investment Installed Capacity USA Segment Installed Annual Capacity: $102 Million Healthy Natural $ 6,000,000 p/mo Dillon Stage 2 Plant $ 1,500,000 p/mo SRB Plants $ 1,000,000 p/mo Total USA Segment Monthly Capacity $ 8,500,000 p/moCu

  11. Slide 11: Brazil Segment: Riding Out the Storm

    © 2016 RiceBran TechnologiesAll rights reserved Brazil Segment: Riding Out the Storm Successfully streamlined operations and continue to reduce costsSupply chain difficulties led to inconsistent performance, low processing rates and further losses, albeit at a reduced level due to successful cost re

  12. Slide 12: Strategic Plan to Create Long-Term Shareholder Value

    © 2016 RiceBran TechnologiesAll rights reserved Strategic Plan to Create Long-Term Shareholder Value * Unlocking the Nutritional Value of Rice Bran

  13. Slide 13: Rice Bran Bio-Refining Vision 2013

    © 2016 RiceBran TechnologiesAll rights reserved RAWRICE BRAN SRB RiSolubesRiBalanceRiFiber Health Targets Crude Oil DFA Lecithin Waxes Oryzanol Refined Oil DRB BulkAnimal BrandedAnimal HumanGrade Protein Rice Hulls Steam/Electricity IndustrialAsh Silica Stage 1 Stage 2 Stage 3 Zero Carbon Footprint

  14. Slide 14: Stage I Bio-Refining: Brazil Olvebra

    © 2016 RiceBran TechnologiesAll rights reserved Unlocking the Nutritional Value of Rice Bran Extruders & Know-HowProcess Patented SRB DerivativesProtein ExtractionValue-Added Finished Products Oil Extraction & Refining Transfer Derivatives & Finished Goods IP: 2014 - 2016 Olvebra (Contract Manufactu

  15. Slide 15: US Oil Extraction & Stage II Expansion – 2017 to 2020

    © 2016 RiceBran TechnologiesAll rights reserved Unlocking the Nutritional Value of Rice Bran Extruders & Know-HowProcess Patented SRB DerivativesProtein ExtractionValue-Added Finished Products Oil Extraction & Refining US Oil Extraction & Stage II Expansion – 2017 to 2020 Greenfield Rice Bran Oil Bi

  16. Slide 16: Clear Plan To Maximize Shareholder Value

    © 2016 RiceBran TechnologiesAll rights reserved Clear Plan To Maximize Shareholder Value Unlocking the Nutritional Value of Rice Bran Drive sales of our Stage II products into multiple natural, organic and functional food channels Leverage investments recently made to double production capacity of o

  17. Slide 17: RiceBran's Plan is Working and Gaining Momentum

    © 2016 RiceBran TechnologiesAll rights reserved RiceBran’s Plan is Working and Gaining Momentum Unlocking the Nutritional Value of Rice Bran RiceBran’s USA Segment just completed the best quarter in the company’s history – Management delivered 53% quarter-over-quarter growth in Q1 2016 Q4 2015 Reven

  18. Slide 18: Highly Qualified Board & Experienced Leadership

    © 2016 RiceBran TechnologiesAll rights reserved Highly Qualified Board & Experienced Leadership * Unlocking the Nutritional Value of Rice Bran

  19. Slide 19: Highly Qualified & Experienced Board of Directors

    © 2016 RiceBran TechnologiesAll rights reserved Highly Qualified & Experienced Board of Directors Unlocking the Nutritional Value of Rice Bran Deep Knowledge of Natural Food, Functional Food and Nutritional Supplement LandscapePublic Company Board ExperienceCapital Markets ExperienceSignificant C-su

  20. Slide 20: Management Team

    © 2016 RiceBran TechnologiesAll rights reserved W. John Short Mark McKnight Robert Smith, Ph. D CEO & President Chief Financial Officer SVP Sales & Marketing SVP Operations, R&D Management Team More than 30 years global management experience Has held C-level management positions with consumer produc

  21. Slide 21: RiceBran's CEO v. LF-RB's Proposed CEO

    © 2016 RiceBran TechnologiesAll rights reserved RiceBran’s CEO v. LF-RB’s Proposed CEO W. John Short Michael Goose No experience leading a publicly listed companyNo C-suite experience in any company – public or privateMarketing background with limited leadership experience at any level in any major

  22. Slide 22: Corporate Governance Highlights

    © 2016 RiceBran TechnologiesAll rights reserved Corporate Governance Highlights * Unlocking the Nutritional Value of Rice Bran

  23. Slide 23: LF-RB Group Lacks a Plan for RiceBran Technologies

    © 2016 RiceBran TechnologiesAll rights reserved LF-RB Group Lacks a Plan forRiceBran Technologies * Unlocking the Nutritional Value of Rice Bran

  24. Slide 24: LF-RB Has No Plan To Maximize Value

    © 2016 RiceBran TechnologiesAll rights reserved * LF-RB Has No Plan To Maximize Value LF-RB’s Proposals Replace Board through proxy contest No actionable plan RiceBran believes the election of LF-RB’s nominees could adversely impact the Company’s current strategy and jeopardize critical business rel

  25. Slide 25: LF-RB's Claims Are Misleading: Here are the Facts

    © 2016 RiceBran TechnologiesAll rights reserved * LF-RB’s Claims Are Misleading: Here are the Facts RiceBran’s Board of Directors interests are misaligned with those of its shareholders Compensation is “dramatically out of proportion to the Company’s size” The current Board and management cumulative

  26. Slide 26: LF-RB's Claims Are Misleading: Here are the Facts

    © 2016 RiceBran TechnologiesAll rights reserved * LF-RB’s Claims Are Misleading: Here are the Facts LF-RB’s Claims The Facts RiceBran’s Board has failed to address LF-RB’s concerns RiceBran’s Board are acting to entrench themselves First appearance of LF-RB was May 2016RiceBran has made repeated att

  27. Slide 27: LF-RB Has No Plan To Maximize Value

    © 2016 RiceBran TechnologiesAll rights reserved * LF-RB Has No Plan To Maximize Value LF-RB’s Proposals Actions Already Taken Conduct a thorough assessment of the Brazilian business Right-size SG&A expenses Prior to hostile take-over attempt, RiceBran’s Board has already decided to limit further inv

  28. Slide 28: LF-RB is Not the Right Steward for Shareholders

    © 2016 RiceBran TechnologiesAll rights reserved * LF-RB is Not the Right Steward for Shareholders LF-RB, a dissident group purporting to hold 9% of outstanding shares, is seeking disproportionate influence over RiceBran’s strategic directionLF-RB is seeking to take control of RiceBran without paying

  29. Slide 29: Conclusion

    © 2016 RiceBran TechnologiesAll rights reserved Conclusion * Unlocking the Nutritional Value of Rice Bran

  30. Slide 30: Management and Board Driven Strategy is Working

    © 2016 RiceBran TechnologiesAll rights reserved Management and Board Driven Strategy is Working Management’s strategic plan, developed in 2013, repositioned the Company from an animal nutrition ingredient supplier to a turn-key packaged functional food provider and correctly identified the most robu

  31. Slide 31: Disclaimer

    © 2016 RiceBran TechnologiesAll rights reserved Disclaimer This presentation includes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prosp

  32. Slide 32: Important Additional Information

    © 2016 RiceBran TechnologiesAll rights reserved Important Additional Information RiceBran Technologies (“RiceBran”), its directors and certain of its executive officers are participants in the solicitation of proxies from RiceBran shareholders in connection with the matters to be considered at RiceB

  33. Slide 33: Use of Non-GAAP Financial Information

    Use of Non-GAAP Financial Information We utilize “Adjusted EBITDA” as a supplemental measure in our ongoing analysis of short term and long term cash requirement and liquidity needs. Adjusted EBITDA does not represent cash flows from operations as defined by generally accepted accounting principles

  34. Slide 34: Use of Non-GAAP Financial Information

    Use of Non-GAAP Financial Information

  35. Slide 35: RiceBran Technologies is unlocking the nutritional value of rice bran

    RiceBran Technologies is unlocking the nutritional value of rice bran, an underutilized, renewable and sustainable by-product of the global rice milling industry with the potential to help satisfy a significant portion of increasing global demand for edible oil, protein, dietary fiber and other huma

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