Ag Growth International Inc. · TSX:AFN
Ag Growth International — Investor Presentation (November 2019)
26 slides from Ag Growth International's investor presentation, November 2019
Slide 1: Investor Presentation November 2019
INVESTOR PRESENTATION NOVEMBER 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 #1 $ THE AGI LEADING BRANDS FINANCIAL OUR GROWTH INNOVATION ADVANTAGE & OPERATIONS STRENGTH STRATEGY & FUTURE § System Solutions § Market leading § ~$900 million § 5-6-7 Strategy § Positive market § Platform perspective brands market cap § Diversification via outlook § Farm + Commercial
Slide 5: 5-6-7 Strategy
5-6-7 STRATEGY M S O R T F LA 5P T S EN T I N N CO 6 T S N EN P O OM C 7 5
Slide 6: Strategic Growth
6 STRATEGIC GROWTH 2019 2018 2017 2016 2015 2014 2011 2010 2007 2006 2005 2004 2000 1998 1997 1996 IMPROTECH | INTELLIFARMS | MILLTEC FARMOBILE cmc JUNGE CONTROL DANMARE | SABE MFS | YORK STORMOR | BROWNIE | HUTCHINSON AGI BRASIL | NUVISION | MMS | YARGUS WESTEEL PTM FRAME | VIS REM AIRLANCO TRAMCO
Slide 7: Strategic Growth
STRATEGIC GROWTH 2019 2018 2017 2016 2015 2014 2011 2010 2007 2006 2005 2004 2000 1998 1997 1996 IMPROTECH | INTELLIFARMS | MILLTEC FARMOBILE cmc JUNGE CONTROL DANMARE | SABE MFS | YORK STORMOR | BROWNIE HUTCHINSON MAYRATH WNECO SENTINEL AGI BRASIL | NUVISION | MMS | YARGUS WESTEEL PTM FRAME | VIS R
Slide 8: Strategic Growth
STRATEGIC GROWTH 2019 2018 2017 2016 2015 2014 2011 2010 2007 2006 2005 2004 2000 1998 1997 1996 IMPROTECH | INTELLIFARMS | MILLTEC FARMOBILE* cmc JUNGE CONTROL DANMARE | SABE MFS | YORK STORMOR | BROWNIE HUTCHINSON AGI BRASIL | NUVISION | MMS | YARGUS WESTEEL PTM FRAME | VIS REM AIRLANCO TRAMCO TWI
Slide 9: Global Presence
GLOBAL PRESENCE AGI= WESTEEL Graicuanp te eo WESTEEL prs mS panmane sTonmon ECO wow imo IMPROTEC BROWNIE j + lvareus JUNGE CONTROL AGI SURETRACK ann ‘AIRLANCO Bh 2019 Acauisitions EB 2018 Acauisitions AGI BRASLA) BB 2017 Acquisitions [BB 2016 Acauisitions EB Manufacturing Facility @ Warehouse/Sales
Slide 10: Customer Engagement
CUSTOMER ENGAGEMENT DIGITAL TOOLS DRIVING EXCELLENT CUSTOMER EXPERIENCES 10
Slide 11: 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 12: Milltec rice processing equipment
Paddy Pre Cleaner Par Boiler Classifier De Stoner Pneumatic Sheller Length Grader Silky Polisher Rice Whitener Thickness Grader Tray Separator 12 Color Sorter Packaging
Slide 13: 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 14: 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™ device collects and streams second-by-second geo-tagged agronomic and machine d
Slide 15: AGI SureTrack
AGI= SURETRACK AGI=
Slide 16: SureTrack FarmManager
3 Fields Equipment ~» Exchange © Finances Tracking Settings 16 Discover Admin FarmManager ~~ = Q_TrySearching. a RUNNING ‘Conveyor (North 1-8 / 3) Dryer Bin (3/16) Bucket Elevator (North) © 139 wren 267 wren © Fill Level 84.7% BIN3/16 mer © Target Moisture 20-14" 15:14" 3
Slide 17: SureTrack Dryer Details
= AGI= SURETRACK "= Dryer Details ik Graphs 7 Reports S bogs % Settings Manuals FE Diagnostics © Discover Admin 17 Dryer Manager ~~ = Q_Try Seurching Volune $001 MT Length 43" Type Mined Flow Tens 24 Blowers: ‘Content: Com, 5 Alam etage e2Atem DISCHARGE STATUS ‘SPEED SET POWNT cor 20.6% creme SECO A
Slide 18: Bin Details
Bin Details th Graphs A Reports = Logs 2 Settings B Manuals Diagnostics © Discover & Admin 18 SURETRACK Bin Manager ~ Q. Try Searching. (Chewy Chase Funny Form BIN DETAILS *AGI Volume $009 MT al 133 Witita.tdh.sthatatnanatacal sits aids TARGET MOESTURE 18% sel say 39 20.6% 1 ae 15% 66° Wht. anes rea
Slide 19: SureTrack MarketManager
AGI= SURETRACK MARKETMANAGER PRO Listings Hom PROS ne: PRO Listings a eieiisaibom Sy ono gers ee fen ’ cores com doom) sco i ine ’ radia com vgn sco vr 200 ris Applications: x oma) sovled cor or-om0} tono00 " 6 Perey fecetct Soren io) oa . Fam Commodity ’ ‘ORGANIC SOY Aoplied ‘Com (Organic) $9.00 10
Slide 20: 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 21: Farm Management with SureTrack
AGI= SURETRACK COMPLETE FARM FARM MANAGEMENT WITH SURETRACK™ SENSOR SYSTEM GRAIN ANALYSIS GRAIN EXCHANGE > >}> >> j : SOILPROBE DRYERMANAGER LAB CASHBIDMANAGER Wee ss Ch YIELDFAX ‘ ” preLppaTa : P MANAGER a RQR® ) < - ew AUTOMATION BINMANAGER TAINKMANAGER MARKETMANAGER o—~ Se 21 Powered by FARMOBILE
Slide 22: 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 22
Slide 23: Q3 2019: Solid Performance
Q3 2019: SOLID PERFORMANCE $261 $243 $206 $163 $123 $261 MILLION Q3 2015 Q3 2016 Q3 2017 Q3 2018 Q3 2019 $40 $39 $36 $36 $20 $39 MILLION $20 MILLION Q3 2015 Q3 2016 Q3 2017 Q3 2018 Q3 2019 23
Slide 24: Payout Ratio and Leverage
PAYOUT RATIO AND LEVERAGE Payout Ratio TOTAL x 52% 43% SENIOR x LTM Sept. 30 2018 LTM Sept. 30 2019 Note: Leverage ratios are adjusted for the pro forma contribution of Milltec, the new $86.25M (including the over-allotment) debenture 24 announced in October 2019, and the redemption of the $75.0M 20
Slide 25: 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 25
Slide 26: AGI aggrowth.com
AGI AGGROWTH.COM @AgGrowthIntl
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