Burcon Nutrascience Corporation · TSX:BU
Burcon Nutrascience — Canaccord Genuity Growth Conference 2021
29 slides from Burcon Nutrascience's conference presentation, August 2021
Slide 1: Burcon NutraScience Overview and Opportunity
Burcon NutraScience Overview and Opportunity Canaccord Genuity Conference • August 2021
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: Our Mission
Our Mission To improve the health and wellness of consumers through the discovery and development of sustainable, functional and renewable plant-based proteins for the global food and beverage industries.
Slide 4: Our Opportunity
Our Opportunity
Slide 5: U.S. consumers identify as flexitarian
1 in 5 U.S. consumers identifies as a flexitarian. From Mintel. “The Protein Report: Meat Alternatives Market Report.” via Cargill, May 2019.
Slide 6: A $290 Billion Market
A $290 Billion Market by 2035 with a projected 14% CAGR From BCG. “Food for Thought: The Protein Transformation,” March 2021
Slide 7: 76% of Americans agree plant-based foods are healthy
76% of Americans agree that plant-based foods are healthy. From Mintel. “The Protein Report: Meat Alternatives Market Report.” via Cargill, May 2019.
Slide 8: Alternative proteins will account for 11% of protein market in 2035
Alternative proteins will account for 11% of the protein market in 2035. From BCG. “Food for Thought: The Protein Transformation,” March 2021
Slide 9: Better process. Better protein. Better partners. Better planet.
Better process. Better protein. Better partners. Better planet. Burcon NutraScience.
Slide 10: Better process.
Better process. Key Facts Beyond meat. And dairy. And egg. • Over 290 issued patents • Nearly 220 patents in the pipeline Our world-class team of scientists • And we’re far more than a is continuously innovating patent portfolio – we’re in patented, repeatable processes production, too, through Meri
Slide 11: Better protein.
Key Facts Better protein. 100% plant-based is now 100% possible. • Our patented, non-GMO pea and canola proteins offer near 100% purity, exceptional taste and Our best-in-class plant proteins excellent solubility lead the industry in • Proteins of this purity outpace taste, purity, and quality — tha
Slide 12: Differentiated Proteins
Differentiated Proteins Taste Nutrition Function 1212
Slide 13: Better partners.
Better partners. Key Facts Powering the best providers. • Our advanced process and superior proteins have attracted From Nestlé to Bunge, the world’s leading world-class partners food & ingredient companies trust us as a • Nestlé, the world’s largest food technology partner to meet the massive compa
Slide 14: Better planet.
Better planet. Key Facts Healthier people. Healthier world. • The negative impact of animal- based protein on our individual Plant-based promotes clean eating health and collective ecosystem and a cleaner world. Producing our is well documented sustainable, non-GMO plant-based • As compared to beef,
Slide 15: Plant Protein, pure and simple.
Plant Protein, pure and simple.
Slide 16: Merit Functional Foods
Merit Functional Foods For better plant protein We believe that consumers and formulators alike deserve high quality plant protein. So, we're uprooting the food and beverage industry's perception of plant-based proteins by producing ingredients that exceed standards for purity, solubility, taste, an
Slide 17: Merit Functional Foods
Merit Functional Foods • Completed construction of a 94,000 ft2 state-of-the-art pea and canola protein production plant (Phase 1) • Capacity to process 20,000 tonnes yellow field peas/canola • Achieved first commercial production of Peazazz® and Peazac® pea proteins (February 2021), and Puratein® l
Slide 18: Functional Foods
Functional Foods neutral color unmatched purity excellent solubility exceptional taste Get a clean start to your product innovation. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unm
Slide 19: Key Financial Terms
Key Financial Terms • Burcon is Merit’s largest shareholder with a 33.3% equity position • Existing 20-year exclusive royalty-bearing license from Burcon on Merit’s top-line sales • Burcon scientific and technical support provided under existing Services Agreement
Slide 20: Merit Functional Foods marketing material
Merit Functional Foods marketing material
Slide 21: Merit Functional Foods marketing material
Merit Functional Foods marketing material
Slide 22: Merit's Target Applications
Merit’s Target Applications Peazazz and Peazac Pea Proteins • Ready-to-mix powders • Nutrition bars • Ready-to-drink beverages • Meat alternatives • Plant-based milks • High protein snacks and baked goods Puratein Line of Canola Proteins • Methylcellulose replacement • Plant-based ready-to-mix bever
Slide 23: Bunge Partnership
Bunge Partnership • Bunge is a 25% stakeholder in Merit Foods JV • Bunge is a world leading agribusiness and food company with annual revenue of $41.4 billion • Bunge able to supply Merit with key inputs • Merit benefits from Bunge’s large canola origination footprint and multinational platform • Me
Slide 24: Burcon NutraScience
Burcon NutraScience
Slide 25: Tenured & Credentialed
Tenured & Credentialed • World leading team of highly specialized food scientists and chemical engineers • Over 230 years combined experience with Burcon • Expertise in designing and developing disruptive protein extraction processes • Intellectual property experts with over 290 patents secured worl
Slide 26: Innovation Pipeline
Innovation Pipeline Canola • Methylcellulose replacement • Egg replacement applications • Medical nutrition applications Other sources • Pulses: Mung Bean / Faba Bean • Oilseeds: Hemp / Flax / Sunflower • Cereals: Oats / Buckwheat Joint Development Opportunities 26
Slide 27: Additional Joint Venture Partnerships
Burcon Value Commercial Revenue Technology Proposition Production Source Pea protein • Unmatched purity Phase 1 - Q2 2021 20-year exclusive Canola protein • Exceptional taste & color royalty-bearing license Pea/Canola blends • Complete nutrition Phase 2 – Medium Term • World’s first and only 33.3% E
Slide 28: Takeaways
Takeaways Plant-based eating is experiencing huge growth around the world. A true food revolution Burcon’s differentiated plant proteins are on-point, representing precisely what consumers and the food industry want at this time Burcon is enjoying its strongest financial position in over a decade, w
Slide 29: Let's Talk
Let’s Talk What would you like to know more about?
Burcon NutraScience — Canaccord Genuity Growth Conference 2021 on 6ix