Ag Growth International Inc. · TSX:AFN
Ag Growth International — Investor Presentation (September 2019)
24 slides from Ag Growth International's investor presentation, September 2019
Slide 1: Growth, By Design
INVESTOR PRESENTATION SEPTEMBER 2019 GROWTH, BY DESIGN.
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT Certain statements contained herein constitute forward-looking statements that reflect our expectations regarding the future growth, results of operations, performance, business prospects, and opportunities of the Company. Forward- looking statements may contain such words as
Slide 3: We Supply the World's Food Infrastructure
WE SUPPLY THE WORLD’S FOOD INFRASTRUCTURE 3
Slide 4: AGI Overview
AGI OVERVIEW $ THE AGI LEADING BRANDS FINANCIAL OUR GROWTH INNOVATION ADVANTAGE & OPERATIONS STRENGTH STRATEGY & FUTURE ▪ System Solutions ▪ Market leading ▪ $800 million ▪ 5-6-7 Strategy ▪ Positive market ▪ Platform perspective brands market cap ▪ Diversification via outlook ▪ Farm + Commercial ▪ 3
Slide 5: Strategy
AGI 3&3, STRUCTURES, HANDLING. PROCESS CONTROLS ENGINEERING
Slide 6: Strategic Growth
STRATEGIC GROWTH 2019 2018 2017 2016 2015 2014 2011 2010 2007 2006 2005 2004 2000 1998 1997 1996 IMPROTECH | INTELLIFARMS | MILLTEC CMc | JUNGE CONTROL | DANMARE | SABE MFS | YORK | STORMOR | BROWNIE | HUTCHINSON | MAYRATH | NECO | SENTINEL AGI BRASIL | NUVISION | MIMS | YARGUS WESTEEL | PTM | FRAME
Slide 7: Global Presence
GLOBAL PRESENCE AGI RUSSIA AGLUKRAINE ~ id SLA ‘y mired ; ; ‘ <—) AGI SEA EB 2019 Acquisitions ; é Ph 2018 Acquisitions \ ag eRasiLe . (BB 2017 Acquisitions 1 ae AGI AFRICA $ AGI AUSTRALIA | 2016 Acquisitions / \ _ Hi Manufacturing Facility { e Warehouse/Sales
Slide 8: Communication
COMMUNICATION DIGITAL TOOLS DRIVING EXCELLENT CUSTOMER EXPERIENCES 8
Slide 9: Recent Acquisitions
RECENT ACQUISITIONS Milltec Machinery ▪ Headquartered in Bangalore, India, with three manufacturing facilities in Bangalore, and one in Chennai ▪ Manufacture a full line of rice milling and processing equipment with turnkey solutions ▪ Strong focus on engineering, design, and R&D ▪ Existing manageme
Slide 10: Paddy Pre Cleaner Length Grader
Paddy Pre Cleaner Par Boiler Classifier De Stoner Pneumatic Sheller Length Grader Silky Polisher Rice Whitener Thickness Grader Tray Separator 10 Color Sorter Packaging
Slide 11: Recent Acquisitions
RECENT ACQUISITIONS IntelliFarms ▪ Headquartered in Archie, Missouri ▪ Provider of hardware and software solutions that benefit grain growers and processors ▪ BinManager product is a leading grain storage management solution using advanced sensors, cables, and controls to maintain stored grain in id
Slide 12: Recent Investment - Farmobile
RECENT INVESTMENT - FARMOBILE Farmobile ▪ Headquartered in Leawood, Kansas ▪ Provider of hardware and software solutions for the real-time collection, organization, analysis, and storage of farm data ▪ The Farmobile PUC IoT device collects and streams second-by-second geo-tagged agronomic and machin
Slide 13: AGI SureTrack
AGIZ= SURETRACK AGI=
Slide 14: SureTrack Farm Manager
m 14 Farm Manager . Q Try Searching. ” 2 RUNNING Conveyor (North 1-8 / 3) Dryer Bin (3/16) Bucket Elevator (North) © 139 wren eooe
Slide 15: SureTrack Dryer Manager
AGI= SURETRACK Dryer Manager =~ Q__TySearching. * ‘Chevy Chase Funny Farm ° Y9OUE 1204S. | Olathe, KS DRYER DETAILS. BLOWER DETAILS ‘BURNER / BLOWER STATUS | F° Q wow » ond: NECO Volume $001 MT 30. CONTENT LABEL VIEW ~ Model: B32500 Length 4" Type Mid Flow Tere 24 mower ‘serrowT ACTUAL Biowers:6 Con
Slide 16: SureTrack Bin Manager
AGI= SURETRACK Bin Manager ~ Q _TrySearching. (Chevy Chase Funny Farm 904€ 125 St. | Olathe, KS BIN DETAILS brand: AGL Volume 8001 Model:022600 Leng: a8 Muedfow Ten 24 owera:6 Content: Com Bin Details serous Graphs Eo 12 Aamo > Reports DISCHARGE STATUS uaa mere eam ser owt 20.6% SZ logs creas seco w
Slide 17: SureTrack Market Manager
AGI= SURETRACK MARKETMANAGER PRO Listings View active istings from PRO's near you LELINOIS n PRO Listings Tyre Name Commodity Offered Price Distance a NON.GMo SOYBEANS ‘Soy (Non-@NO) 3075 Win 266 ri osras/2018 4 ‘CORN NON-GMO ‘Com (Non-GM0) 34.00 Within 450 ri. 95/24/2019 y oncaNic soy ‘com (Organi)
Slide 18: Traceability
4/23/19 Planting 637 acres were planted at an average of 30,000 seeds per acre with DeKalb hybrid DKC7027, trait stack VT2PRIB 4/30/19 Application 43.6 lbs per acre of Nitrogen was applied 6/24/19 Application 8.7 oz/acre of Roundup was applied. 8/30/19 Harvest An average of 215 bu/acre was harvested
Slide 19: Complete Farm Management with SureTrack
AGI= SURETRACK COMPLETE FARM FARM MANAGEMENT WITH SURETRACK™ SENSOR SYSTEM GRAIN ANALYSIS GRAIN EXCHANGE = . aa <—, i ate| }-- CN9 SOILPROBE ~ DRYERMANAGER LAB CASHBIDMANAGER al Wee =O) 71 i VIELDFAX * ” Fietopata * MANAGER => A = ) (fr) << (a) AUTOMATION BINMANAGER TANKMANAGER MARKETMANAGER oS eo 1
Slide 20: Annual Trade Sales and Adjusted EBITDA
ANNUAL TRADE SALES AND ADJUSTED EBITDA $934 $750 $547 $410 $439 $358 2013 2014 2015 2016 2017 2018 $148 $122 $100 $78.2 $73 $64.3 18% 19% 17% 18% 16% 16% 2013 2014 2015 2016 2017 2018 20
Slide 21: Q2 2019: Solid Performance
Q2 2019: SOLID PERFORMANCE $293 $263 $222 $144 $114 $293 MILLION Q2 2015 Q2 2016 Q2 2017 Q2 2018 Q2 2019 $49 $51 $40 $26 $51 MILLION $35 MILLION $22 Q2 2015 Q2 2016 Q2 2017 Q2 2018 Q2 2019 21
Slide 22: Payout Ratio and Leverage
PAYOUT RATIO AND LEVERAGE Payout Ratio TOTAL x 44% 45% SENIOR x LTM June 30 2018 LTM June 30 2019 Note: Leverage ratios are adjusted for the pro forma contribution of Milltec 22
Slide 23: 2019 Outlook
2019 OUTLOOK U.S. Farm Market Crop Volumes Canadian Farm Market Outlook: 2020 Rebound Outlook: Long Term Outlook: Stable Growth North American International Commercial Business Commercial Business Outlook: Stable Outlook: Long Term Growth 23
Slide 24: AGI aggrowth.com
AGI AGGROWTH.COM @AgGrowthIntl
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