Newtree Societe Anonyme · EURONEXT:NEWT
Newtree Societe Anonyme — Newtree Impact — Investor Presentation (November 2022)
34 slides from Newtree Societe Anonyme's investor presentation, Nov 24, 2022
Slide 1: IMPACT Investing For ALL
IMPACT Investing For ALL 24/11/2022 – INVESTORS MEETING 24 /11 /2022 – Investors Meeting
Slide 2: Agenda
AGENDA 1. MISSION ~ Problems / Solutions 2. MARKET ~ Update / Food-tech VC 3. PORTFOLIO ~ Highlights / Current ‘22/ Coming Soon ’22 4. FINANCE ~ Financials / NAV / Capitalization 2 24 /11 /2022 – Investors Meeting
Slide 3: Introduction > Team, IC
INTRODUCTION > Team, IC 3 24 /11 /2022 – Investors Meeting
Slide 4: Team
Team Food Leadership Benoît Thibaud de SAINT- Abhishek Jean-Nicolas DE BRUYN QUENTIN ANAND FASSIN Founder & Managing Portfolio Investment Finance & Legal Director Adviser Analyst Adviser — 25+ years experiences as — 30+ years of Leadership — 3+ years of experience as a — 15+ years of experience in F
Slide 5: Investment Board
Investment Board Top-Notch Investment Committee Fabian Nicolas Benoît Frédéric Thibaud de Alain Serge SEUNIER SAILLEZ DE BRUYN POUCHAIN SAINT-QUENTIN BALTHAZART DEMOULIN Investment Investment Investment Investment Investment Investment Officer Officer Founder & MD Officer Observator Officer Officer
Slide 6: Board members
Board members Strategic well-positioned International & Multidisciplinary board Benoît Michael Thibaud de Pascal Udaiyan Raymond Emilie DE BRUYN BAUM SAINT-QUENTIN HOUSSIN JATAR VAXELAIRE DALLEMAGNE Executive CEO Director Executive Director Director (CMO) Director Director BE & USA USA Director FR F
Slide 7: Mission > Problems, Solutions
MISSION > Problems, Solutions 7 24 /11 /2022 – Investors Meeting
Slide 8: Mission
Mission To make impact investing accessible to all To help preserve the planet by reducing the impact of food on the climate and biodiversity We Offer everyone the possibility to Invest in Disruptive companies reshaping the future of our Food systems 8 24/11/2022 – Investors Meeting Newtree Impact
Slide 9: Problems. We solve real Pain Points
Problems. We solve real Pain Points Growing World Population + 2B Unsustainability of our Food Production 8,5 9,2 9,8 7,8 26% of GHG > Food 70% of Deforestation > Agriculture 2020 2030 2040 2050 20% of GHG > Deforestation Buildings 6% Agriculture, Other Energy Forestry 9% 20% 15% of GHG > Livestock
Slide 10: Problems. Our Actions are supported by Significant Shifts
Problems. Our Actions are supported by Significant Shifts Global Food Industry Sales - $T Industry Ready for Disruption 8.79 9.11 8.02 1. FOOD NEEDS. World’s largest industry > +2 billion (2050) 6.25 1. 50% food production at risk due to climate change 5.65 2. 30% of agricultural land is degraded 3.
Slide 11: Impact. Our Sectorial Goals
Impact. Our Sectorial Goals GHG Emissions (KgCO2eq) Energy Consumption (MJ/Kg) 275 60 240 173 13.3 3.17 1.3 0.7 3.16 0.61 Water (liters/kg) Land Usage (m2/Kg) 326.21 15,415 10,313 3,160 11 1,800 29.58 15 18 1.2 0.03 24 /11 /2022 – Investors Meeting
Slide 12: Impact. Achievements
Impact. Achievements PROTEON FUNDS - US & EU ATOMO COFFEE NEWTREE — Fighting AMR by 62% 93% — 1st Carbon neutral removing antibiotics Less CO2 (tons) Less CO2 company in Belgium from food-chain — Aim on functional 88% 94% — Reducing Salmonella in chocolates with Less Land used Less Water food-chain
Slide 13: Market > Update, Food-Tech Evolution
MARKET > Update, Food-Tech Evolution 13 24 /11 /2022 – Investors Meeting
Slide 14: EV. Food-Tech Companies by launch year
EV. Food-Tech Companies by launch year Enterprise Values (in $bn) $1,500.0 $1,000.0 $500.0 $0.0 2014 2015 2016 2017 2018 2019 2020 2021 Q3 2022 After 2015 2010-2014 2005-2009 2000-2004 1995-1999 Before 1995 14 ⎯ Combined EV of the Agri Food-tech ecosystem is valued at $1.3 t, a 18% increase since en
Slide 15: VC Investments. Food-Tech – Last 2 Years
VC Investments. Food-Tech – Last 2 Years Investments in Agri-Food tech Investments by rounds $14 <$4M $4-$15M $15-$40M $40-$100M $100-$250M >$250M $13.0 100% $12 $11.1 $10.0 $10.2 $10.1 $10 80% $8 $7.2 $7.0 60% $5.7 $6 $4.7 40% $4 20% $2 $0 0% Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q3
Slide 16: VC Update. Positive Impact on Investments
VC Update. Positive Impact on Investments Better Environment to Invest Prices have come down ⎯ Inflation & Rising IRs ⎯ Global Capital markets ⎯ Geopolitical Events ⎯ Supply Chain Challenges ⎯ Covid-19 Conservative Approach to early-stage deals 16 Funding Round are less Competitive 24 /11 /2022 – In
Slide 17: Portfolio > Highlights, Current, Coming
PORTFOLIO > Highlights, Current, Coming 17 24 /11 /2022 – Investors Meeting
Slide 18: Highlights
Highlights Public IMPACT Long-term Minority Invested Capital Geographies Holding Company De-Risking Strategy €6m 3 areas 4.1 1.6 0.8 0.5 0.3 Europe 3 Pillars Focus May '20 July '20 Jan '21 Sep '21 Mar '22 Israel Capital Raised - €7,4m Food-tech 14% 1.81 Seed / A US Agri-tech 71% 0.60 0.79 0.81 1.05
Slide 19: '21 Investments. Detailed in Previous Meetings
‘21 Investments. Detailed in Previous Meetings AQUA SPARK ~ NL NEWTREE SA ~ BE PROTEON ~ PL PROTIX ~ NL FUNDS ~ US & EU – Global aquaculture – Sustainable chocolate – Precision biology for – Production of insect- – Plant-based, dairy, food- investment holding & coffee company microbiome protection b
Slide 20: '22 Investments. Detailed in June Meeting
‘22 Investments. Detailed in June Meeting Fund 3 Atomo Coffee ~ US Cubiq Foods ~ ES AG Fund ~ US UPCOMING… – Developing coffee – Plant-based oil & fat – Agri-Food tech fund for – 3 companies already without coffee beans. replacers. Early-stage companies been approved in the – Horizon Ventures, S2G –
Slide 21: Hype Cycle Curve. Mega Trends & Maturity
Hype Cycle Curve. Mega Trends & Maturity • Sustainable Proteins Cellular Agriculture • Resilient Farms How much people are talking about it • Personalized Foods Precision Fermentation Biomass Fermentation HYPE Genomics & microbiome Precision Farming testing kits Insects for animal feed Plant-based A
Slide 22: Portfolio. Risk/Return Assessment
Portfolio. Risk/Return Assessment Outcome High Outcome High Likelihood Low Likelihood High Outcome Fund 1 Fund 2 Fund 3 Likelihood Nothing to be added here Low Likelihood High Likelihood Low Outcome Low Outcome 22 ⎯ All of the companies in the portfolio has been on a positive path so far ⎯ And desig
Slide 23: Portfolio. Balanced & Diversified, Q3 '22
Portfolio. Balanced & Diversified, Q3 ‘22 Current Targeted FUNDS ATOMO COFFEE 1 : 524,049 € 314,441 € 16% 14% 15% 2 : 313,679 € --- 3 : 95,068 € CUBIQ FOODS 30% 500,000 € 5,959,463€ Invested PROTIX PROTEON 40% 299,879 € 500,275 € 15% --- --- 71% NEWTREE AQUA-SPARK 600,000 € 1, 811,573 € --- Seed/Ser
Slide 24: Finance > Figures, NAV, Capitalization
FINANCE > Figures, NAV, Capitalization 24 24 /11 /2022 – Investors Meeting
Slide 25: Q3 Balance Sheet. As of Q3 22, Belgian GAAP, €k
Q3 Balance Sheet. As of Q3 22, Belgian GAAP, €k ASSETS LIABILITIES Cash 2,454 Payables 3 Inventories 0 Short-Term 0 Receivables 5 Others 3 Others 36 Total Current 2,494 Total Current 6 Our balance sheet is Simple: ⎯ Equity €8.5m Long-Term 0 Non-Current 0 ⎯ Cash €2.5m ⎯ Investments €6m Investments 5,
Slide 26: Q3 Income. As of Q3 '22, Belgian GAAP, €k
Q3 Income. As of Q3 ‘22, Belgian GAAP, €k REVENUES Others 4 Total Revenues 4 Gross Profit 14 OPERATING EXPENSES Office Rent/Supplies -15 Salaries -87 Other Expenses -21 ⎯ Very strict control of general costs and salaries Listing Fees -15 Total -138 ⎯ Total OPEX at 1.65% of balance sheet total Operat
Slide 27: NAV. As of Q3 22, €k
NAV. As of Q3 22, €k Investment Stage Committed Invested NAV* Proteon Pharmaceuticals Series B 500,275 € 500,275 € N/A Protix Pre-IPO 299,879 € 299,879 € N/A Aqua-Spark Growth 600,000 € 600,000 € 801,564 € Food-tech Fund - EU Funds 500,000 € 313,679 € 376,415 € + 280k Alt-protein Fund - US Funds 1,0
Slide 28: Capitalization. Post April '22 Capital Increase
Capitalization. Post April ‘22 Capital Increase Founders Benoit (Guillaume) 11% Free Float 10% Euronext Access Investors 4,667,980 Shares 49% 9% Noshaq Nominative Shares 9% IMBC Spinnova 6% 6% Savor Life Inc. Board Members 28 Whitestone SRL 24/11/2022 – Investors Meeting
Slide 29: Conclusions
CONCLUSIONS 29 24 /11 /2022 – Investors Meeting
Slide 30: Solutions. To Global Food Industry Challenges
Solutions. To Global Food Industry Challenges Even if the system could keep pace, High demand leads to high prices. shift to agriculture will also increase Inflation causing food insecurity, GHGs from the food sector exaggerated by war , supply chain issues. 35% increase in population Increased evol
Slide 31: Next Steps. Our Growth Strategy
Next Steps. Our Growth Strategy Closed First Phases Today Phase Phase 3 2021 > Q3 2022 Q4 2022 - 2023 202x — ‘Incorporation’ — ‘Established Actor’ — Public Offering — Capital raise > €7,4m — Current Capital raise,€3-5m — Newtree Group Spin-off — Future Capital Raises — 10 participations — New partic
Slide 32: Thank you
Thank you Benoît de Bruyn, Founder & CEO + 32 476 750 337 benoit@newtreeimpact.com www.newtreeimpact.com 24/11/2022 –– Investors 24/11/2022 Investors Meeting Meeting
Slide 33: Summary. Terms & Structure
Summary. Terms & Structure — Investment in Disruptive Food-Tech companies providing solutions to fight Climate Change — Approach Series A, Opportunistic Late Stage, Equity Listed and Funds — ESG positioning Impact Investor — Geographic focus Europe, United States and Israel — Investment horizon Hold
Slide 34: 24/11/2022 – Investors Meeting
34 24/11/2022 – Investors Meeting
Newtree Impact — Investor Presentation (November 2022) on 6ix